These prestigious awards highlight Standard Chartered’s efforts to always improve their service in cash flow management. — Photo courtesy of the bank

Standard Chartered has been named best service provider for cash management in Việt Nam, 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.

The Asset Triple A Treasurise Awards honour enterprises and financial institutions exhibiting excellence in corporate treasury, trade finance and risk management initiatives across global markets.

These prestigious awards highlight Standard Chartered’s efforts in continuously improve its service in cash flow management and building digital solutions for clients, investment in product innovation and driving sustainability development in Việt Nam's financial landscape.

Standard Chartered's digital transformation is reshaping cash management trends in Việt Nam and ASEAN, emphasising the evolution of payments (including instant payments, e-wallets and QR codes), the increasing adoption of API Banking for real-time cash and treasury management, the rapid growth of B2B e-commerce and digitisation 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 that can help clients meet their sustainability goals while trade loan offerings provide liquidity to facilitate sustainable trade flows.

Sylvester Kinuthia, Head of Transaction Banking, Standard Chartered Vietnam said: “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. 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 Việt Nam. These awards further solidify our dedication to offering world-class tools that empower Vietnamese businesses to thrive and achieve their sustainability objectives."

Standard Chartered Bank Vietnam was also awarded Best Overall Bank for Cash Management in Global Finance’s Best Treasury and Cash Management Award 2023 and Best Payments and Collections Solution in The Asset Triple A Treasurise Awards 2023. — VNS