Euromoney's Best Cash Management Bank

HSBC has been voted Euromoney's Best Cash Management Bank in both Egypt and the Middle East for 2011, making it the bank's eighth win since 2003. The Euromoney cash management survey recognises banks with excellent track records in cash management products and services.

HSBC was also awarded Euromoney's Best Regional Cash Management Bank for Financial Institutions in the Middle East for the first time. HSBC retained its title as Euromoney's Best Cash Management Bank in Asia for 2011.

Natasha Patel, Regional Head of Global Payment and Cash Management, Middle East and North Africa said: "We truly appreciate all the votes we have received. HSBC Payments and Cash Management has always been dedicated to delivering the best cash management solutions to its clients. We provide a comprehensive range of integrated products and services from payments, collections and liquidity solutions to help clients maximise their working capital through dedicated sales, product management, implementation and customer services teams. Winning the Euromoney awards is a testament to our superior services for our customers".

In the last nine months, HSBC has been the winner of several awards including Global Finance's Best Bank for Liquidity Management in the Middle East in January 2011, Best Online Cash Management in the Middle East, Best Online Cash Management Bank in Bahrain, Qatar, Saudi Arabia and the UAE in July 2011. The bank was also awarded the Euromoney Award for Excellence - Best Cash Management Bank in the Middle East in June 2011. In August this year, it was named Best Cash Management Services in the Middle East by EMEA Finance.

HSBC is the largest and most widely represented international bank in the Middle East with approximately 45 branches throughout the region. Internationally, HSBC has over 7,500 offices in 80 countries and territories.