HSBC Bank Oman named as ‘Best Domestic Cash Manager for Corporates’
MUSCAT: HSBC Bank Oman SAOG was named the leading Domestic Cash Manager for Corporates in Oman in the Euromoney Cash Management Survey 2018 for the 7th consecutive year.
HSBC Bank Middle East Limited was also ranked as the Best Cash Manager in the Middle East region. “This is a remarkable achievement for our Global Liquidity and Cash Management team in Oman. Being recognised for seven years in a row by our clients demonstrates our clear ability to support their payment and liquidity management requirements locally and internationally. By applying the HSBC Group’s international expertise locally, our clients in Oman benefit from globally tried and tested platforms that can best meet their cash management needs,” said Andrew Long, CEO of HSBC Bank Oman.
Noor Adhami, Head of Global Liquidity and Cash Management, HSBC MENAT, said: “These awards are particularly significant because they are decided by our customers and the industry. I am thrilled that we have secured a clean sweep across all of our GCC markets, which demonstrates the depth and breadth of HSBC’s cash management franchise.”
The Euromoney Cash Management Survey is a global survey of more than 25,000 cash managers, treasury professionals and financial officers. As well as being recognised as the market leader in cash management in the Middle East, HSBC was also named the Best Global Cash Manager by Corporates and the Best Global Cash Manager by Financial Institutions.
HSBC Bank Oman provides access to a wide range of business products and services for Small & Medium Enterprises (SMEs) through to large corporates. Corporate financing solutions, including trade, treasury, global liquidity and cash management, corporate credit cards, custody, clearing, and time deposits are available to the bank’s corporate clients across the country.