HSBC Bank Oman S.A.O.G. has been voted as the ‘Best Domestic Cash Management Bank’ in the Sultanate for the fourth consecutive year by the globally acclaimed Euromoney Cash Management Survey 2015.
It was praised for the effective coordination of its Payments and Cash Management services in both corporate and financial institutions categories, with survey responses highlighting the Bank’s ability to establish strong client relationships through continued delivery of efficient and high quality solutions.
The local recognition of HSBC Bank Oman was complemented by other HSBC successes in Asia, Middle East and Australasia. In total, HSBC Group was named as ‘Best Domestic Cash Management Bank’ in 29 countries worldwide. Euromoney’s 15^th Annual Cash Management Survey provides cash managers, treasurers and financial officers with the opportunity to comment on the standard of the international cash management services they receive and rate the financial institutions they bank with.
Iain Morrison, General Manager and Head of Commercial Banking at HSBC Bank Oman, said, “Being recognised for four years in a row by our clients demonstrates our clear ability to support their trading requirements locally and internationally. We have an award-winning cash management proposition, used by over 225,000 clients globally, comprising 773,000 corporate users across five regions. By applying this international expertise locally, our clients in Oman benefit from globally tried and tested platforms that can best meet their cash management needs.”
HSBC Bank Oman provides access to a wide range of business products and services for Small & Medium Enterprises (SMEs) through to large Corporates. Corporate financing solutions, including Trade, Treasury, Global Payments and Cash Management, Corporate Credit Cards, Custody, Clearing, and Time Deposits are available to more than 10,000 corporate clients across the county. HSBC Bank Oman is part of a global network of 6,100 offices in over 72 countries and territories in Europe, the Asia-Pacific region, North and Latin America, the Middle East and Africa.