On 8th October 2011, Euromoney announced the results of their annual Cash Management Survey. HSBC Mauritius was named best service provider in the 2011 Euromoney Cash Management Survey, and HSBC retained its No. 1 position in Asia. HSBC has also been ranked No. 1 globally for financial institutions.
Siew Meng Tan, CEO HSBC Mauritius, said: “We are proud to have won this prestigious award for Mauritius, confirming our leading position in cash management services. We constantly listen and place a high emphasis on the needs of our clients while designing and implementing solutions to meet their requirements. I would like to express my heartfelt appreciation to all our customers for their support and their vote of confidence in HSBC. This is an outstanding achievement that reflects the strength of our propositions and the quality of our products and services. HSBC is committed to supporting the evolving cash management and liquidity needs of businesses to enhance their working capital management in such a global environment, where time, efficiency and trust in operational processes are critical.”
Euromoney survey recognises leadership in cash management across a range of markets and criteria. Overall, there were more than 23,000 replies to the surveys that contributed to the results of HSBC globally. In Mauritius, the survey was targeted at domestic corporates, including, Global Business companies and management companies. Respondents rated HSBC in terms of its effectiveness in providing cash management solutions, the quality of its service and secure banking system.
In Asia Pacific, HSBC swept the survey winning Best Regional Cash Management Bank as well as winning Best Domestic Cash Management Bank in 13 markets across the region including: Australia, Brunei, China, Hong Kong, India, Japan, Malaysia, Mauritius, Philippines, Singapore, South Korea, Thailand and Vietnam. HSBC also won the poll in the Middle East, for Best Regional Cash Management Bank and Best Domestic Cash Management Bank, notably in Bahrain, Jordan, Kuwait, Lebanon, Qatar and Saudi Arabia.
These 2011 results have once again cemented HSBC’s position as the preferred cash management partner of choice throughout Asia. Whereas most industry awards are based on editors’ choice, this award stems from the “voice of the customer” and is testament to our profile as the undisputed market leader underscoring the level of advisory and commitment to our clients across the region.
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