The Standard Chartered Bank (SCB), Philippines, recently won multiple industry awards for its transaction banking business. The bank was named Best Bank in Asia-Pacific (East) and received several country awards, namely, Best Trade and Supply Chain House Award for Philippines at the Corporate Treasurer [CT] Awards 2019. The winners of the coveted CT Awards for Asia’s Best Banks were drawn from across the region. The awards were based on a survey of top corporate treasurers and chief financial officers of the top 100 companies in Asia.
SCB was also awarded Best Cash Management, Philippines, by the Asset Triple A Treasury, Trade, SSC and Risk Management Awards 2020.This recognition is awarded annually to companies and financial institutions that have launched initiatives in corporate treasury management, trade finance, supply chain and risk management. The winners are chosen by Asset’s board of editors who have several decades’ experience of evaluating industry awards. The board’s decisions are supplemented by client interaction generated from in-depth conversations and using data analysis produced by Asset Benchmark Research, the region’s leading research organisation evaluating client experience standards in the financial services industry.