The Hong Kong-Shanghai Banking Corporation (HSBC) has just been named the Best Domestic Cash Management Bank in Vietnam in 2012 by Euromoney Poll - the most comprehensive survey of the global cash management sector.

2012 is the third consecutive year that the bank has been honoured with the award, which proves the excellent quality of the bank’s client-oriented services, according to a news release by HSBC’s Head Office in Ho Chi Minh City on November 8.

“This is a fantastic achievement not just on the domestic front but on a global level,” said Nguyen Thi My Hanh, Head of Global Payments and Cash Management for HSBC Vietnam.

“Once again, HSBC has raised the bar for cash management services here in Vietnam and all over the world,” she said.

Apart from being recognised in Vietnam, the bank’s honour was also lift up across Asia by leading the Euromoney’s survey in Bangladesh, Brunei, Hong Kong, India, Indonesia, Japan, Malaysia, Mauritius, the Philippines, Singapore, Sri Lanka, Chinese Taiwan and Thailand.

Moreover, HSBC also led the global poll for best domestic cash management bank as voted by both non-financial institutions and financial institutions.

Euromoney, a London-based financial communications company, is one of the world’s leading publication for the global banking and capital markets.-VNA