Deutsche Bank wins 38 corporate banking awards in Asia Pacific from The Asset
Deutsche Bank’s corporate banking capabilities in Asia were recognised at The Asset Triple A awards announced last week, with the bank winning a total of 38 accolades for excellence.
The bank won ‘Best Bank in Treasury and Cash Management in South Asia’ for its track-record in structuring innovative solutions, success in introducing new products and delivering outstanding client service.
On top of the 38 wins awards already announced, Deutsche Bank has been nominated for twelve regional awards to be announced by The Asset in September.
The Asset’s rigorous award evaluation process involves client feedback shared through the publication’s Annual Treasury Review Survey, in-depth client interviews and detailed awards pitches.
Strong momentum – some award highlights:
Multiple wins for Deutsche Bank’s treasury and working capital solutions for multinationals, showing the bank’s strength in servicing this client segment particularly across ASEAN.
18 awards for Deutsche Bank’s payments and collections service to clients, with solutions for General Mills and Brandix named the best in the region.
‘Best Digital solutions’ award for Deutsche Bank’s innovative solutions to clients in five markets, evidencing the bank’s momentum on digitalisation.
Solid trade finance performance across key markets, with solutions for Tianshan Aluminium and Nayara Energy named the best structured solutions in China and India respectively.
Double win in the ‘Best ESG Solutions’ category for service to Cargill and Payoneer, evidencing Deutsche Bank’s market-leading expertise in this critical sector.
David Lynne, Deutsche Bank’s Head of Fixed Income & Currencies, APAC and Corporate Bank, APAC said: “We are honoured to receive this recognition that reflects the depth and breadth of our solutions and the strength of our client partnerships across the region. We will continue to invest in our capabilities to introduce new and innovative products, deliver best-in-class ESG solutions, digitalise our clients’ experience, and provide customised treasury and trade solutions that exceed our clients’ expectations.”
The Asset Awards 2020 – Deutsche Bank wins:
Best in South Asia
Best in Treasury and Cash Management – South Asia
Best in Treasury and Working Capital for MNCs – India, Thailand, Philippines, Indonesia, Hong Kong
Best in Treasury and Working Capital for MNCs/LLCs – Sri Lanka
Best in Treasury and Working Capital for NBFIs – China
Best Service Provider for Cash Management – India
Best Service Provider for Structured Trade Finance – China
Best Service Provider for E-Solutions Partner – India
Best Service Provider for Liquidity Management – South Korea
Best client solutions
Best Regional Payments and Collections Solution:
General Mills
Brandix
Best In-country Payments and Collections Solution:
Henkel, China
DHL, India
Home Credit, India
Schindler, India
Allnex, Malaysia
Toyota Lanka, Sri Lanka
Givaudan, Vietnam
Best New Economy Payments and Collection Solution:
Ezyhaul, India
Myntra Designs Pvt, India
Best Digital Payments and Collection Solution:
Hailiang Group, China
BASF, Hong Kong
PT Asuransi Allianz Life Insurance, Indonesia
Knauf Gypsum, Philippines
Philip Morris Trading, Thailand
Best ESG Payments and Collection Solution:
India – Payoneer, India
Cargill, Indonesia
Best Trade Finance solution, China:
CPI Ronghe Financial Leasing
Tianjin Rail Transit Group Financial Leasing
Best Structured Trade Finance solution:
Tianshan Aluminium, China
Nayara Energy Limited, India
Best Liquidity and Investment solution:
Delphi Technologies, China
Salvatore Ferragamo, Hong Kong
Merck Financial Services, South Korea
Relationship Manager of the year: Sandeep Sethi