HSBC Kuwait wins Euromoney's Country Award for Bets Cash Management Bank in Kuwait

For the third consecutive year, HSBC Kuwait has been awarded Euromoney's prestigious country award as Best Cash Management Bank in Kuwait 2011. This award recognizes excellence in cash management products and services.

Simon Vaughan Johnson, Chief Executive of HSBC Kuwait, said: “We truly appreciate receiving this award for the third time in as many years. The award is based on direct feedback from customers and is therefore a testament to the quality and consistency of our cash management services. HSBC Kuwait has long been dedicated to delivering the best cash management solutions to its clients and we remain firmly committed to maintaining these high standards as we continue to develop our expanding business here in Kuwait.”

The HSBC Kuwait Cash Management team provides a comprehensive range of integrated products and services to customers, including payments, collections and liquidity management solutions. These services are designed to help clients to achieve working capital and processing efficiencies, together with enhanced risk management.

Earlier this year, HSBC Kuwait also won the Best Sub Custodian Bank award from Global Finance magazine, and in the last 9 months HSBC’s regional office has been the winner of several awards, including Euromoney’s regional Award for Excellence Best Cash Management Bank in the Middle East, Global Finance’s Best Bank for Liquidity Management in the Middle East, Best Online Cash Management in the Middle East and  Best Online Cash Management Bank in Bahrain, Qatar, Saudi Arabia and the UAE, and EMEA Finance’s award for Best Cash Management Services in the Middle East.