The Corporate Treasurer’s inaugural Alliance Awards are a celebration of the time and commitment financial institutions and providers give to serving Asia’s corporate treasurers.
The Corporate Treasurer’s editorial team took time to assess a number of key indicators before arriving at the decisions.
For the house awards, scale of the cash management or trade operation, business development during the award period, and customer satisfaction are weighted equally.
In the case of the product awards, breaking new ground, or showing commitment and innovative spirit to a customer’s needs were pivotal in the decision making.
A full write up of each award will be printed in the August/September edition of the magazine. We shall hold an awards ceremony with details to come in due course. At the ceremony we shall also announce the Best Overall Transaction Banking House for Asia award.
Note: In a few cases awards have not been announced due to lack of comparable data.
Asia (ex-Japan and Australia):
Best overall cash management house –Small: Citi
Best overall cash management house – Medium: Citi
Best overall cash management house – MNC: Citi
Best overall trade finance house – Small: HSBC
Best overall trade finance house – Medium: HSBC
Best overall trade finance house - MNC: HSBC
Best overall risk management house: Citi
Cash Management solution: Bank of America Merrill Lynch
Trade Finance solution: Royal Bank of Scotland
Cash management: Bank of America Merrill Lynch
Tax advisory: KPMG
Country Awards: These are split into best cash management house and best trade finance house.
Trade: China Minsheng Bank
Cash: ICICI Bank
Trade: ICICI Bank
Trade: Bank Mandiri
Cash: Bank of the Philippine Islands
Trade: Bank of the Philippine Islands