DOHA: HSBC Qatar was named the leading Domestic Cash Manager for Corporates in the Euromoney Cash Management Survey 2018 for the ninth consecutive year. It was also named Best in Service Cash Manager for Financial Institutions in Qatar. For six years, 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 Qatar. Our Global Liquidity and Cash Management business is well placed to help clients effectively manage their cash, especially through our large international connectivity with a geographic footprint that covers 77 per cent of global trade,” said Elie Maroun Al Asmar (pictured), Head of Commercial Banking in Qatar.
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 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.
HSBC was also named the Best Global Cash Manager by Corporates and the Best Global Cash Manager by Financial Institutions.
