HSBC named ‘Best Cash Management Bank’ in Bangladesh by Euromoney

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been voted the "Best Cash Management Bank" in Bangladesh for the 16th time in the Euromoney Cash Management Survey 2025.

The multinational bank has also been named the "Best Cash Management Bank for Client Service" in Bangladesh for the eighth consecutive year.

This year, the bank has received both awards for the second year in a row, according to a press release.

Commenting on the achievement, Md Mahbub ur Rahman, chief executive officer of HSBC Bangladesh, stated: "For 16 years, our clients have voted us number one in Bangladesh for cash management. That's more than a ranking; it's a testament to the trust they place in our team and our unique ability to combine global network strength with deep local expertise."

"We are incredibly grateful to our clients for this recognition and remain dedicated to continuing to meet their expectations," he added.

Newaz Musharraf, head of Global Payments Solutions at HSBC Bangladesh, said: "This number one ranking in cash management from Euromoney makes us feel even more responsible to continue enabling our clients to prosper in this evolving operating environment."

"With this recognition, based on direct voting by our clients in Bangladesh, we are further inspired by a shared ambition and remain committed to providing seamless, robust, and scalable cash and payment solutions that support the growth journey of our customers," he added.

The Euromoney Cash Management Survey, conducted by the leading global business and finance magazine Euromoney, is one of the most recognised and comprehensive rankings in the industry, with responses from around 30,000 corporate participants.

These accolades reaffirm HSBC's leadership in the local cash management industry, the release added.