HSBC named ‘Best cash manager’ for corporates in Qatar and Mideast

HSBC Qatar was named the leading ‘Domestic cash manager for corporates’ in the Euromoney Cash Management Survey 2018 for the ninth consecutive year.
It was also named ‘Best in service cash manager for financial institutions in Qatar’.
For six years, HSBC Bank Middle East was also ranked as the ‘Best cash manager in the Middle East’ region.
HSBC Qatar head (Commercial Banking) Elie Maroun al-Asmar said, “This is a remarkable achievement for our global liquidity and cash management team in Qatar. Our global liquidity and cash management business is well-placed to help clients to effectively manage their cash, especially through our large international connectivity with a geographic footprint that covers 77% of global trade.”
Noor Adhami, head (Global liquidity and cash management) HSBC MENAT, said, “These awards are particularly significant because they are decided by our customers and the industry. I am thrilled that we have secured a clean sweep across all our GCC markets, which demonstrates the depth and breadth of HSBC’s cash management franchise.”
The Euromoney Cash Management Survey is a global survey of more than 25,000 cash managers, treasury professionals and financial officers.