HSBC Bangladesh named best transaction bank by euromoney
HSBC Bangladesh has been named the 'Best Transaction Bank' in Bangladesh by Euromoney, recognising its performance in transaction banking and its role in supporting the country's trade flows.
The recognition reflects HSBC's scale in facilitating trade and its sustained investment in modernising trade and cash management infrastructure for large corporates and cross-border supply chains. Euromoney also named HSBC the world's best trade finance bank, as well as the best trade finance bank in Asia, North America, the Middle East, and Singapore.
A key differentiator cited was HSBC's integrated digital ecosystem connecting domestic and cross-border flows. The bank has introduced TradePay for paperless, real-time trade loans and supplier payments, alongside automated supply chain finance and receivables finance solutions to help clients optimise working capital.
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On the cash management side, HSBC has expanded integration with public and corporate treasuries, including the government's automated challan (A-challan) system, and launched application programming interfaces (APIs) for real-time balance enquiries, transaction updates, and payment initiation.
Commenting on the recognition, Md Mahbub Ur Rahman, Chief Executive Officer of HSBC Bangladesh, stated that the award reflects client trust and the bank's progress in modernising trade and cash flows in Bangladesh.
HSBC stated that its global network, spanning more than 57 countries and territories, enables Bangladeshi businesses to expand internationally, supporting trade, supply chains, and working capital management through integrated financial solutions.
