Deutsche Bank said it had been recognized with four awards in emeafinance magazine’s annual Treasury Services Awards.
These accolades are based on a number of performance and structural factors, as well as the results of an online survey of regional corporate treasury teams, and serve to recognize the best treasury, cash management and FX services providers throughout EMEA.
Deutsche Bank won the following awards: Best Treasury Services in EMEA; Best Cash Management Services in EMEA; Best
Cash Management Services in Europe; and, for the third consecutive year, Best FX Services in Europe.
Tim Burke, editor of emeafinance, said: “Corporate treasurers face increasing challenges to ensure that their companies’ cash is secure and their financial strategies are efficient. That means that the advice and services of their banking partners has never been more important, and our Treasury Services Awards are a deserved recognition of those banks that have excelled in their offerings. Deutsche’s four awards this year span all categories including treasury services, cash management and FX, and demonstrate the bank’s standing right across the EMEA region. We’re proud to recognize such a commendable performance.”
Daniel Schmand, head of trade finance and cash management corporates, EMEA comments: “The EMEA region has faced a number of significant challenges throughout the past 12-18 months, and I am delighted that our resilience and continued efforts to address client concerns despite ongoing turbulence has been recognized by the market. At Deutsche Bank, we are committed to investing in innovation and working in collaboration with our clients to design and implement solutions that will make a tangible difference. These awards are proof that our approach is working to the benefit of our corporate customers across all aspects of treasury management.”
Sriram Iyer, head of global transaction Banking MENA, added: “We are passionate about growing our treasury management franchise in the MENA region through delivering optimal solutions to our clients.”
Source: Arab News, September 29, 2012.