The Hong Kong and Shanghai Banking Corporation (HSBC) Vietnam Ltd has been selected by Euromoney as "Best Bank for Cash Management in Vietnam in 2010".

The award was presented in recognition of the bank as a pioneer in cash management through surveys at enterprises and financial institutions.

This was the latest international success of the bank this year, after other prestigious titles such as best foreign bank in Vietnam in 2010 for the five consecutive years, awarded by Finance Asia, and best online bank in Vietnam in 2009 awarded by Global Finance magazine.

HSBC Vietnam’s Head of Global Payments and Cash Management Puneet Gupta, said that the bank will continue to invest both in human resources development and technique for global payments cash management in order to provide best services to customers./.