The Transaction Banking Awards 2018 | The Asian Banker | 16 February 2018 | Singapore

Every year, The Asian Banker recognises achievements in the key business and operational areas of the financial services industry. The purpose of these awards is to recognise annual achievements and winners in the competition for market share, product and operational excellence.

The Transaction Awards, previously called The Transaction Banking Awards, evaluate financial institution’s achievements in cash management, payments, and trade finance. From 2018 onwards, we take on an audit-based approach in the building of evaluation process. We have also redefined categories and opened the programme to financial technology (fintech) platforms to compete alongside traditional banks. This involves submissions completing in a comprehensive data sheet where we need to have your basic quantitative figures which will be collated and compared with your peers in the industry. Some of the figures will be used to build a comprehensive understanding of involving best practices and benchmarks that the industry can use on a generic base without compromising the confidentiality and competitive data.

The winners for these awards are determined through a combination of surveys, interviews and field research by The Asian Banker’s research staff. The findings of the research are published in a neutral manner, with a scorecard outlining how the different domestic and global players feature in them.

The Goals of this Programme

These awards are designed with the following goals:

To track the changing competitive landscape in the industry, by identifying winners and losers
To identify the critical success factors required for success in the different businesses tracked in this programme
To develop a repository of benchmarks and best practices that industry players as a whole can use and improve upon
The Regions covered

The programme is intended to be global, and we hold all of the nominees for the awards against global benchmarks and best practices. By building experience and nurturing relationships, we have been gradually extending our main coverage from the Asia Pacific region to the Middle East and Africa. We also recognise outside the region those global leaders whose unique capabilities are truly second to none, applying concise industry skills to vast, incredibly complex institutions that span continents.

2017 Winners

International Transaction Banking Awards (Asia Pacific)

THE BEST ASIAN INTERNATIONAL TRANSACTION BANK IN ASIA PACIFIC:
• Bank of Tokyo-Mitsubishi UFJ

THE BEST INTERNATIONAL CASH MANAGEMENT BANK IN ASIA PACIFIC:
• Bank of America Merrill Lynch

THE BEST INTERNATIONAL TRADE FINANCE BANK IN ASIA PACIFIC:
• Westpac

BEST INTERNATIONAL TRANSACTION BANK FOR FIS IN ASIA PACIFIC:
• Bank of New York Mellon

THE BEST INTERNATIONAL CASH MANAGEMENT BANK IN ASIA PACIFIC:
• Deutsche Bank

TRANSACTION BANKER OF THE YEAR IN ASIA PACIFIC (DOMESTIC BANK):
• Ms. So Lay Hua

TRANSACTION BANKER OF THE YEAR IN ASIA PACIFIC (INTERNATIONAL BANK):
• Mr. Faisal Ameen

Currency Clearing Awards in Asia Pacific

TRANSACTION BANKER OF THE YEAR IN ASIA PACIFIC (INTERNATIONAL BANK):
• Bank of China

THE ASIAN BANKER ACHIEVEMENT AWARD FOR LEADING JPY CLEARING BANK IN ASIA PACIFIC:
• Bank of Tokyo-Mitsubishi UFJ

THE ASIAN BANKER ACHIEVEMENT AWARD FOR LEADING GLOBAL (EURO & US$) CLEARING BANK:
• Deutsche Bank

THE ASIAN BANKER ACHIEVEMENT AWARD FOR LEADING USD CLEARING BANK IN ASIA PACIFIC:
• Wells Fargo

THE ASIAN BANKER ACHIEVEMENT AWARD FOR LEADING GBP CLEARING BANK IN ASIA PACIFIC:
• Barclays

Best Trade Finance Bank by Country

THE BEST TRADE FINANCE BANK IN AUSTRALIA:
• Westpac

THE BEST MEGA TRADE FINANCE BANK IN CHINA:
• China Construction Bank

THE BEST JOINT STOCK TRADE FINANCE BANK IN CHINA:
• Ping An Bank

THE BEST TRADE FNANCE BANK IN HONG KONG:
• Bank of China (Hong Kong)

THE BEST TRADE FINANCE BANK IN INDIA:
• Yes Bank

THE BEST TRADE FINANCE BANK IN INDIA:THE BEST TRADE FINANCE BANK IN INDONESIA:
• Bank Mandiri

THE BEST TRADE FINANCE BANK IN MALAYSIA:
• Maybank

THE BEST TRADE FINANCE BANK IN PHILIPPINES:
• Metrobank

THE BEST TRADE FINANCE BANK IN SINGAPORE:
• United Overseas Bank

THE BEST TRADE FINANCE BANK IN SOUTH KOREA:
• KB Kookmin Bank

THE BEST TRADE FINANCE BANK IN THAILAND:
• Bangkok Bank

THE BEST TRADE FINANCE BANK IN VIETNAM:
• Vietinbank

Best Cash Management Bank by Country

THE BEST CASH MANAGEMENT BANK IN AUSTRALIA:
• Commonwealth Bank of Australia

THE BEST MEGA CASH MANAGEMENT BANK IN CHINA:
• Industrial & Commercial Bank of China

THE BEST JOINT STOCK CASH MANAGEMENT BANK IN CHINA:
• China Merchants Bank

THE BEST CASH MANAGEMENT BANK IN HONG KONG:
• Hang Seng Bank

THE BEST CASH MANAGEMENT BANK IN INDIA:
• Kotak Mahindra Bank

THE BEST CASH MANAGEMENT BANK IN INDONESIA:
• Bank Mandiri

THE BEST CASH MANAGEMENT BANK IN MALAYSIA:
• Maybank

THE BEST CASH MANAGEMENT BANK IN PHILIPPINES:
• BDO Unibank

THE BEST CASH MANAGEMENT BANK IN SINGAPORE:
• United Overseas Bank

THE BEST CASH MANAGEMENT BANK IN SOUTH KOREA:
• Woori Bank

THE BEST CASH MANAGEMENT BANK IN THAILAND:
• Krungthai Bank

THE BEST CASH MANAGEMENT BANK IN VIETNAM:
• Vietcombank

The Best Payment Bank by Country

THE BEST PAYMENT BANK IN HONG KONG:
• Hang Seng Bank

THE BEST BANK FOR PAYMENTS IN INDIA:
• ICICI Bank

THE BEST PAYMENT BANK IN SINGAPORE:
• DBS Bank

THE BEST PAYMENT BANK IN TAIWAN:
• E.SUN Bank

THE BEST PAYMENT BANK IN THAILAND:
• Bangkok Bank

The Best FX Bank by Country

THE BEST FX BANK IN PHILIPPINES:
• BPI

THE BEST FX BANK IN SINGAPORE:
• DBS Bank

THE BEST FX BANK IN VIETNAM:
• Vietcombank

The Best Transaction Bank by Country

THE BEST TRANSACTION BANK IN AUSTRALIA:
• Commonwealth Bank of Australia

THE BEST MEGA TRANSACTION BANK IN CHINA:
• Industrial & Commercial Bank of China

THE BEST JOINT STOCK TRANSACTION BANK IN CHINA:
• China Merchants Bank

THE BEST TRANSACTION BANK IN HONG KONG:
• Hang Seng Bank

THE BEST TRANSACTION BANK IN INDIA:
• State Bank of India

THE BEST TRANSACTION BANK IN INDONESIA:
• Bank Mandiri

THE BEST TRANSACTION BANK IN JAPAN:
• Bank of Tokyo-Mitsubishi UFJ

THE BEST TRANSACTION BANK IN MALAYSIA:
• Maybank

THE BEST TRANSACTION BANK IN PHILIPPINES:
• BDO Unibank

THE BEST TRANSACTION BANK IN SINGAPORE:
• United Overseas Bank

THE BEST TRANSACTION BANK IN SOUTH KOREA:
• Woori Bank

THE BEST TRANSACTION BANK IN THAILAND:
• Krungthai Bank

THE BEST TRANSACTION BANK IN VIETNAM:
• Vietcombank