Deutsche Bank wins 52 transaction banking awards including Best Cash Management Bank in APAC

Building on a long history of success in The Asset Triple A Awards, Deutsche Bank won Best Treasury & Cash Management Bank in Asia Pacific – taking home a rich haul of 52 accolades for Cash Management and Trade Finance excellence this year. Deutsche Bank also won two prestigious regional marquee awards from The Asset last week: Best in Treasury & Working Capital in APAC for multinationals (MNCs) and Best in Treasury & Working Capital in APAC for New Economy clients.

This year’s strong performance with The Asset also saw Deutsche Bank take home the coveted Best Transaction Bank in India, Best Transaction Bank in China awards, and win Cash Management Banker of the Year for Chintan Shah.

This year’s award wins reflect Deutsche Bank’s strength and capabilities in Asia Pacific. Specifically its ability to build long-term client relationships and its proven track record of providing client solutions and advisory on complex deals across India, China and ASEAN, spanning the bank’s Cash Management and Trade Finance businesses.

The wins are testament to Deutsche Bank being the global Hausbank for our clients and to our 150 year history in Asia Pacific.

The Asset Awards is one of the most credible and rigorously researched awards programmes for Treasury and Trade in the region, involving client feedback shared through the publication’s Annual Treasury Review Survey, in-depth client interviews and awards pitches.

The Asset Treasury & Trade awards 2021: Deutsche Bank wins:

Regional Awards

• Best Treasury & Cash Management Bank in APAC 
• Best in Treasury & Working Capital in APAC – MNCs
• Best in Treasury & Working Capital in APAC – New Economy

Bank Awards

• Best Service Provider – Transaction Bank (India)
• Best Service Provider – Transaction Bank (China)
• Best Service Provider – Liquidity Management (Indonesia)
• Best in Treasury and Working Capital – MNCs (Philippines)          
• Best in Treasury & Cash Management – Overall (South Asia)
• Best in Treasury and Working Capital – MNCs/LLCs (India)
• Best Service Provider – Cash Management (India)
• Best Service Provider – Liquidity Management (India)
• Best Service Provider – E-Solutions Partner (India)
• Best Service Provider – Fintech Partner (China)
• Best in Treasury and Cash Management – Overall (North Asia)
• Best in Treasury and Working Capital – MNCs (China)
• Best Service Provider – Risk Management (China)
• Best Service Provider – Structured Trade Finance (China)
• Best Service Provider – E-solutions (South Korea)
• Best Service Provider – Liquidity Management (South Korea)

Client Solution Awards

• Best New Economy Solution / Best Hedging and Risk Solution: FX – XTransfer Limited (APAC)
• Best New Economy Solution / Best Payments and Collections Solution – LianLian Global (APAC)
• Best New Economy Solution / Best Payments and Collections Solution – Flywire (India)
• Best ESG Solution / Best Liquidity and Investments Solution – APAC Maxeon Solar Technologies Limited (APAC)
• Best ESG Solution / Best Liquidity and Investments Solution – Trina Solar (China)
• Best ESG Solution / Best Structured Trade Finance Solution – Beijing & Shenzhen Jingneng Financial Leasing (China)
• Best ESG Solution / Best Structured Trade Finance Solution – Jinko Solar Co., Ltd (China)
• Best ESG Solution / Best Structured Trade Finance Solution – Shriram Transport Finance Company Limited (India)
• Best Structured Trade Finance Solution – Tianjin Rail Transit Group Financial Leasing (China)
• Best Supply Chain Finance Solution – Aditya Birla Fashion & Retail Ltd (India)
• Best Supply Chain Finance Solution – Hitachi Energy India Ltd (India)
• Best Hedging and Risk Solution: FX – Intuitive Surgical, Inc. (APAC)
• Best Hedging and Risk Solution: FX – Merck KGaA (China)
• Best Payments and Collections Solution – Disney Entertainment India Limited (India)
• Best Payments and Collections Solution – Bosch Limited (India)
• Best Payments and Collections Solution – GlaxoSmithKline Pharmaceuticals Limited (India)
• Best Payments and Collections Solution – Merck India (India)
• Best Payments and Collections Solution – Merck TBK (Indonesia)
• Best Payments and Collections Solution – ADP Philippines (Philippines)
• Best Payments and Collections Solution – Goethe-Institut Bangkok (Thailand)
• Best Liquidity and Investments Solution – Schott Asia IT Sdn Bhd (Malyasia)
• Best Liquidity and Investments Solution – Continental Holding China Co. Ltd (China)
• Best Liquidity and Investments Solution – Givaudan SA (China)
• Best Liquidity and Investments Solution – Sinochem International Corporation (China)
• Best Liquidity and Investments Solution – China Railway Construction Corporation Limited (CRCC) (Hong Kong)

Industry Achievement Awards

• Cash Management Banker of the Year APAC – Chintan Shah
• Cash Management Executive of the Year China – Erin Huang

Client Leadership Awards       

• Treasurer of the Year, Hong Kong – Ernest Mui, Knorr Bremse
• Treasurer of the Year, China – Ann Zhu, DSM (China) Ltd
• Treasury Team of the Year, India – Arno Classen, Merck India
• Treasury Team of the Year, Hong Kong – Han Peng, China Railway Construction Corporation Limited
• Treasury Team of the Year, China – Sophia Huang, Atlas Copco
• Treasury Team of the Year, China – May Zhong, Trina Solar