The Asset’s annual Treasury and Trade awards are one of the industry’s leading and highly anticipated awards, recognising the achievements of clients and their financial providers.
Recipient of 56 awards, spanning all areas of transaction banking, we are especially proud to be Best Renminbi Bank in 11 of 18 markets in Asia, Africa, Middle East and LatAM, and to be named Best Transaction Bank in China for the first time.
The broader list of wins is also a nod to our extensive network strength in Asia, Africa and Middle East, and validation for clients who choose us.
“These 56 awards celebrate the resilience, strength, innovation and future-focus of our clients, the industry and our people - in what was a particularly challenging year,” says Michael Spiegel, Global Head of Transaction Banking at Standard Chartered.
“The number of wins exceeded the previous record-breaking year, a testament to the experience and results clients can look forward to when working with us across our extensive network,” added Ricky Kaura, Head of Transaction Banking, Asia, Africa and the Middle East at Standard Chartered.
The full list of 56 awards won by Standard Chartered (below) will be presented at a virtual awards ceremony on 17 June:
Best in Treasury & Cash Management - MENA
Best in Treasury and Working Capital - SMEs in South Korea
Best in Treasury and Working Capital - MNCs/LLCs in Taiwan
Best in Working Capital & Trade Finance in North Asia, South Asia and MENA
Best Liquidity and Investments Solution - Regional (General Electric), China (Chinasoft, LG Display, Li & Fung Group and Skyworth Group), Taiwan (Grobest Group Limited) and UAE (The Landmark Group)
Best Payments and Collections Solution in Bangladesh (DHL Express Bangladesh), Hong Kong (Huatai International and Sinopec), India (JCB India Ltd) and Thailand (PTT Global Chemical)
Best Payments and Collections Solution – New Economy Solutions - Regional (Xtransfer Limited) and Taiwan (Kkday)
Best Renminbi Bank in Brazil, Hong Kong, India, Indonesia, Japan, Nigeria, Pakistan, Taiwan, Thailand, UAE and Zambia
Best Service Provider - Transaction Bank in China
Best Service Provider - Liquidity Management in China, Hong Kong and Taiwan
Best Service Provider - Cash Management in Bangladesh, Pakistan, Sri Lanka and Vietnam
Best Service Provider - Trade Finance in Hong Kong; India, South Korea and Sri Lanka
Best Service Provider - E-Solutions Partner in Hong Kong, South Korea and Vietnam
Best Service Provider - Supply Chain in Pakistan
Best Supply Chain Solution in Hong Kong (Wistron Corporation), Pakistan (Indus Motor Company Limited and International Air Transport Association) and The Philippines (LF Logistics)
Best Supply Chain Solution – ESG Solutions in China (BYD Group) and Hong Kong (Puma SE)
Best Trade Finance Solution – Digital Solutions – Regional (Vale), Bangladesh (Viyellatex Ltd) and Hong Kong (Bao-Trans Enterprises Limited)
*Note: The total tally of 56 awards won by Standard Chartered at The Asset Triple A Awards 2021 is the highest of any organisation at the date of publishing of this article, 9 June 2021.
About The Asset Awards
With over two decades of experience conducting award programmes, The Asset Triple A Awards distinguishes best-in-class organisations using a stringent methodology combined with a rigorous approach.
Submissions are reviewed by The Asset’s board of editors with winners for The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management Awards selected based on the following metrics: inputs provided by clients, business statistics during the review period and information gathered during pitch meetings or calls.