HSBC has been recognised as the 'Best Domestic Cash management Bank' in Bangladesh at the Euromoney Cash Management Poll 2012, the bank said in a statement yesterday.

The Euromoney survey recognises leadership in cash management across a range of markets and criteria. Respondents of this survey rated HSBC in terms of its effectiveness and excellence in providing cash management solutions, the quality of its service and secure banking system.

“I would like to thank our valued clients for their continued support which has helped to make HSBC the best choice for meeting their cash management needs. I am very proud of this achievement, and my colleagues who have worked so hard to make it happen," said Andrew Tilke, chief executive officer of HSBC Bangladesh.

"Recognition by Euromoney will serve as further motivation for all of us to work even more closely with our clients to help them realise their business potential,” he added.

“Euromoney Award is a recognition and reflection of the confidence of our customers. We are very proud of this achievement,” said Md Mahbub-ur-Rahman, head of commercial banking of HSBC Bangladesh.

"We are honoured to be voted as the Best Domestic Cash Management Bank in Bangladesh it's a recognition to our unparalleled products and services and client orientation,” said Syed Javed Noor, division head of global payments and cash management at the bank.

In addition to the local recognition, HSBC has also been recognised as the 'Best Regional Cash Management Bank in Asia' and 'Best Global Cash Management Bank'. HSBC's global reach and local expertise, coupled with best-in-class cash management solutions, have set it apart from its peers to win this accolade, the statement said.

News: The Daily Star/Bangladesh/07-Nov-12