News April 25, 2024

Deutsche Bank wins Best Structured Trade Finance, Best New Economy and Best NBFI Bank in APAC

The bank’s ability to bring its Global Hausbank offering to clients won out at this year’s The Asset awards

Deutsche Bank won “Best Structured Trade Finance Bank in APAC” and “Best Risk Management Bank”, among several other recognitions, at the 2024 The Asset awards, for its ability to provide the holistic solutions its clients need to navigate turbulent markets and drive innovation and excellence across their operations.

The bank’s success in growing business with ‘new economy’ clients in Asia Pacific also caught the judge’s attention, with wins for “Best in Treasury and Working Capital-New Economy” and “Best in Treasury and Working Capital-Non Bank Financial Institutions”. 

“Our ability to deliver holistic solutions to our clients successfully and consistently, underscores our standing in Asia Pacific as a robust European alternative with a truly global network." Ole Matthiessen, Deutsche Bank's Global Head of Cash Management and Corporate Bank for APAC and MEA 

“The focus on growing our Corporate Bank as the backbone of Deutsche Bank is paying off, as is doubling down on our growth regions like ASEAN and key markets like North Asia and South Asia.”

The Asset recognised the Corporate Bank’s strong performance across the full spectrum of its services and for a strategy that positions it for continued and sustainable growth.

The publication called out 45 client solutions as the best in the industry, including providing the Best Cash Management Solution in 13 markets and Best Trade Finance Solution in seven, showing particular strength in South Asia and ASEAN. 

Matthew Moodey, Deutsche Bank’s Head of Trade Finance & Lending for Asia Pacific, took home Structured Trade Finance Banker of the Year, and in recognition of the bank’s deep bench of talent, 19 other colleagues and teams across the region.

The Asset’s rigorous evaluation process includes client feedback from the publication’s Annual Benchmark Survey, in-depth client interviews, and detailed awards pitches.

The Asset Corporate Cash Management and Trade Finance 2024 awards - Deutsche Bank wins:

APAC-wide Awards:

·         Best Structured Trade Finance Bank

·         Best Risk Management Bank

·         Best in Treasury and Working Capital-New Economy

·         Best in Treasury and Working Capital-NBFIs

Regional Bank Awards:

·         Best in Treasury & Cash Management, Overall, South Asia

·         Best in Treasury and Working Capital, MNCs, India

·         Best Service Provider, Transaction Bank, India

·         Best Service Provider, Cash Management, India

·         Best Service Provider, Trade Finance, India

·         Best in Treasury and Working Capital, MNCs, China

·         Best Service Provider, Structured Trade Finance, China

·         Best Service Provider, Liquidity Management, China

·         Best Service Provider, Liquidity Management, South Korea

·         Best Service Provider, Structured Trade Finance, Indonesia

·         Best in Treasury and Working Capital, MNCs, Philippines

·         Best Service Provider, Cash Management, Thailand

·         Best Service Provider, E-Solutions Partner, Thailand

Industry Achievement Awards:

·         Trade Finance Banker of the year - Structured TF, APAC, Matthew Moodey

·         Cash Management Banker of the year – ASEAN, Aaron Tay

·         Implementation Manager of the year, Hong Kong, Dalton Lai

·         Implementation Manager of the year, China, Lucy Li

·         Implementation Manager of the year, India, Vikrant Yadav

·         Best Sales Manager, India, Abhigyan Mandal

·         Best Sales Manager, India, Viral Thakkar

·         Best Sales Manager, India, Kartik Kaushik

·         Best Sales Manager, China, Angela Xie

·         Best Sales Manager, China, Elaine Xu

·         Best Sales Manager, Hong Kong, Keith Tan

·         Best Sales Manager, Singapore, Kriti Jain

·         Best Sales Manager, China, Zhongyuan Yang

·         Client Service Manager of the year, India, Rinesh Shetty

·         Best Relationship Manager, Singapore, Kenny Khoo

·         Best Relationship Manager, India, Muskan Koul

·         Best Relationship Manager, India, Rahul Tungatkar

·         Best Relationship Manager, Thailand, Patcharavadee Supphipat

·         Best Relationship Manager, Singapore, Runi Irnandari

Client Leadership Awards:

·         Treasury Team of the year – Aviation, India, Pankaj Chatrath, IndiGo

·         Treasury Team of the year - E-Commerce, India, Jeet Thakker, Flipkart

Client Solution Awards:

·         Best Cash Management Solution, Regional, Hapag Lloyd Pte Ltd

·         Best Cash Management Solution, Regional, EQT AB

·         Best Cash Management Solution, Regional, HashKey Group

·         Best Cash Management Solution, Regional, Xtransfer Pte Ltd

·         Best Cash Management Solution, Australia, Payoneer Inc

·         Best Payments and Collections Solution, India, Gro Digital Platforms

·         Best Cash & Trade Finance Solution, India, InterGlobe Aviation (Indigo)

·         Best Cash Management Solution, India, Bosch Limited

·         Best Payments and Collections Solution, India, ZF India

·         Best Cash Management Solution, India, Kisetsu Sasion Finance India

·         Best Cash Management Solution, India, Fresenius Kabi India

·         Best Payments and Collections Solution, India, GSK Consumer India Pvt Ltd – Haleon

·         Best Cash Management Solution, India, Straumann India

·         Best Payments and Collections Solution, India, Delhivery Limited

·         Best Payments and Collections Solution, India, Flipkart India

·         Best Cash Management Solution, Hong Kong, CIGP

·         Best Payments and Collections Solution, China, DB Schenker China Group

·         Best Liquidity and Investments Solution, China, Sartorius China

·         Best Liquidity and Investments Solution, China, TK Elevator (China)

·         Best Liquidity and Investments Solution, South Korea, Rothmans Far East

·         Best Payments and Collections Solution, Malaysia, DKSH Management Malaysia Sdn Bhd

·         Best Hedging and Risk Solution, Philippines, Henkel Asia Pacific Service Centre

·         Best ESG Solution, Indonesia, Barry Callebaut

·         Best Cash Management Solution, Indonesia, Payoneer

·         Best Payments and Collections Solution, Vietnam. Aeon Vietnam Company Limited

·         Best Cash Management Solution, Vietnam, Payoo/ Viet Union Online Services Company

·         Best Payments and Collections Solution, Thailand, DKSH (Thailand) Limited

·         Best Payments and Collections Solution, Thailand, AIG Insurance (Thailand)

·         Best Payments and Collections Solution, Thailand, Vitesco Technologies (Thailand)

·         Best Cash Management Solution, Thailand, Flywire

·         Best Trade Finance Solution, India, Aditya Birla Renewables

·         Best Supply Chain Solution, India, Axalta Coating Systems

·         Best Trade Finance Solution, India, Renew Solar Energy

·         Best Supply Chain Solution, India, Nestle India Limited

·         Best ESG Solution, India, Shriram Finance

·         Best Trade Finance Solution, Bangladesh, BRAC Bank

·         Best Structured Trade Finance Solution, China, Beijing Jingneng Financial Leasing

·         Best Hedging and Risk Solution, China, China Power International Development Ltd. (UHE Sao Simao Energia S.A.)

·         Best ESG Solution, China, BASF SE

·         Best Trade Finance Solution, South Korea, Hyundai Steel Company

·         Best Structured Trade Finance Solution, Japan, Rakuten Mobile

·         Best Supply Chain Solution, Singapore, Gap Inc.

·         Best Trade Finance Solution, Indonesia, PT Sany Indonesia Machinery

·         Best Trade Finance Solution, Vietnam, Fuchs Lubricants Vietnam

·         Best Trade Finance Solution, Philippines, Sucden Philippines

DeutscheBank-APAC

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