Standard Chartered wins Asset Triple A Treasurise Awards 2024
Standard Chartered has won reputable awards for its efforts made in continuous service improvement in cash flow management and building digital solutions for clients, investment in product innovation, and driving sustainability development in the nation’s financial landscape.
Specifically, the bank has been named as the Best Service Provider for Cash Management in Vietnam, Best Payments and Collections Solution for Generali Vietnam, Best Supply Chain Solution for Kuehne + Nagel Co. Ltd, and Best ESG Solution for BIDV at the Asset Triple A Treasurise Awards 2024.
In fact, Standard Chartered's digital transformation can be viewed as reshaping cash management trends in both Vietnam and ASEAN, emphasising the evolution of payments, including Instant Payments, e-wallets, and QR codes, along with the increasing adoption of application programming interface (API) Banking for real-time cash and treasury management, the rapid growth of Business-to-Business (B2B) eCommerce and Digitization of Supply Chain Financing, unlocking new growth opportunities, and transforming treasury management practices.
The Bank’s strong focus on ESG extends to innovative financial products which can help clients to meet their sustainability goals. In addition, sustainable trade loan offerings provide liquidity which in turn can facilitate sustainable trade flows.
“We are delighted that the solutions for our clients and to the industry have been recognised through these prestigious awards. Our success in these categories is a testament to the expertise, leadership, and collaborative spirit of our teams across product development, sales, implementation, client servicing, and operations,” said Sylvester Kinuthia, head of Transaction Banking, Standard Chartered Vietnam.
“We are grateful for the continued trust of our clients and partners, and we remain committed to working alongside them to develop innovative solutions that drive commerce and prosperity in Vietnam. These awards further solidify our dedication to offering world-class tools that empower Vietnamese businesses to thrive and achieve their sustainability objectives," he noted.
The Asset Triple A Treasurise Awards aims to honor enterprises and financial institutions exhibiting excellence in corporate treasury, trade finance, and risk management initiatives across global markets.
