The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been named the “Best Transaction Bank” in Bangladesh by Euromoney, recognising its leadership in supporting the nation’s trade flows. The bank’s sustained investment in modernising core trade and cash management infrastructure for large corporates and cross-border supply chains has been key to this achievement.
In addition to being recognised as the Best Transaction Bank in Bangladesh, HSBC was also named the World’s Best Trade Finance Bank and Best Trade Finance Bank in Asia, North America, the Middle East, and Singapore.
A key factor in HSBC’s success has been its ability to integrate cross-border and domestic flows through a unified digital ecosystem. This includes the introduction of TradePay, a paperless, real-time trade loan and supplier payment platform, and the integration of automated solutions for supply chain finance (SCF) and Receivables Finance (RF), which optimise working capital and strengthen supply chains.
On the cash management side, HSBC has deepened integration with public and corporate treasuries, including the government’s automated challan (A-challan) system, and launched APIs for real-time balance, transaction enquiry, and payment initiation, enabling clients to manage multi-account structures and trigger payments directly from ERP and TMS platforms.
Md Mahbub Ur Rahman, CEO of HSBC Bangladesh, commented, “This recognition reflects the trust our clients place in us and our progress in modernising trade and cash flows in Bangladesh. We are grateful to our clients and remain committed to helping them navigate an increasingly digital and connected landscape. This award motivates us to continue strengthening our capabilities and delivering solutions that support their growth.”
With a global network spanning more than 57 countries and territories, HSBC is a trusted partner for businesses in Bangladesh looking to grow locally and expand internationally. This award further underscores HSBC’s commitment to providing advanced, integrated, secure, and globally connected solutions that simplify trade, manage working capital, and unlock new opportunities across supply chains.
