HSBC named Best Transaction Bank in Bangladesh by Euromoney

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been named the Best Transaction Bank in Bangladesh by Euromoney, an English-language monthly magazine focused on business and finance.

The recognition reflects HSBC's scale in supporting the nation's trade flows, as well as its strategic and sustained investment in modernising core trade and cash management infrastructure for large corporates and cross-border supply chains, according to a press release.

Commenting on the achievement, Md Mahbub Ur Rahman, chief executive officer of HSBC Bangladesh, said, "This recognition reflects the trust our clients place in us and how far we have come in modernising trade and cash flows in Bangladesh.

"We are truly grateful to our clients, and we remain committed to working closely with them as they navigate an increasingly digital and connected landscape.

"This award also motivates us to continue strengthening our capabilities and delivering solutions that support their growth with greater confidence and efficiency," he added.

A key differentiator behind the achievement has been HSBC's ability to link cross-border and domestic flows through a single integrated digital ecosystem. This includes TradePay for paperless, real-time trade loans and supplier payments, alongside automated supply chain and receivables finance solutions.

On the cash management side, the bank has strengthened integration with public and corporate treasuries, including the government's A-challan system, and launched APIs that allow clients to access real-time account information and initiate payments directly from ERP and TMS platforms.

Euromoney has also recognised the bank as the World's Best Trade Finance Bank and the Best Trade Finance Bank in Asia, North America, the Middle East and Singapore.