HSBC Bank Malta plc has been named as the overall Market Leader and Best Service for Non-Financial Institutions in the prestigious Euromoney Cash Management Survey 2023. These accolades underscore HSBC Malta’s strong commitment to excellence in treasury management of payments, receivables, and cash as well as its overall leadership in the sector.
The Euromoney Cash Management Survey, which is run annually, gauges the quality of cash management services globally, drawing on the insights of 30,000 corporate respondents and 800 Financial Institutions.
In addition to the local awards, the HSBC Group has also achieved significant global success. The Group has been named the Global Market Leader for Non-Financial Institutions, with first-place regional rankings in Asia Pacific and the Middle East and has claimed market leader status in 19 markets. Furthermore, the Group has been recognised as the Global Market Leader for Financial Institutions, with top regional rankings in the Middle East and Western Europe.
These global and local achievements highlight HSBC’s comprehensive international capabilities and its extensive network, which plays a pivotal role in delivering superior cash management services to customers around the world. The bank’s strategic initiatives have been instrumental in enhancing its operations and deepening customer relationships, as evidenced by the positive outcomes of these efforts.
HSBC Malta extends its sincere thanks to its customers for their trust and custom. The bank reiterates its unwavering commitment to its customers, ensuring that their needs continue to be the driving force behind the bank’s business strategy.
Geoffrey Fichte, CEO of HSBC Malta, said: “We are honoured by these awards, which reflect our strategic focus on delivering service excellence and our commitment to our customers. This is a proud moment for HSBC Malta and a clear indication of the strength of our teams.”
Monique Gilmour, Head of Global Payments Solutions in Malta, commented: “It’s a privilege to lead such a dedicated team who collectively come together each day to deliver award-winning level of cash management services to our customers. These awards from Euromoney validate our customer-centric approach and are testament to the team’s hard work and dedication.”