The Asset magazine based in Hong Kong announced The Asset Triple A Transaction Banking Award Winners for 2009 last week. The awards were given for different categories such as cash management, trade finance, etc.
The winners for this year are:
Best Transaction Bank – Deutsche Bank (DB)
Best Cash Management Bank – HSBC (HBC)
Best E-commerce Bank – CitiBank (C)
Best Trade Finance Bank – J.P.Morgan (JPM)
Best Structured Trade Finance Bank – Standard Chartered Bank
Best in Securities and Fund Services – HSBC
Best Global Custodian – Bank of New York Mellon (BNY)
Best Subcustodian – HSBC
On the Country awards for Best Transaction Banks, the winners are:
Australia, J.P.Morgan
China, ICBC
Hong Kong, HSBC
India, ICICI Bank (IBN)
Indonesia, Citi
Japan, J.P.Morgan
Korea, SC First Bank
Malaysia, HSBC
Pakistan, Deutsche Bank
Philippines, Citi
Singapore, DBS Bank
Sri Lanka, Deutsche Bank
Taiwan, Chinatrust Commercial Bank
Thailand, Siam Commercial Bank
Vietnam, Deutsche Bank
For more details on award winning banks, go here.