Deutsche Bank Awarded With the Best International Trade Finance Bank in the Asia Pacific
The latest news says Deutsche Bank has received the “Best International Trade Finance Bank in the Asia Pacific '' by the Asian Banker for the fifth year running. The latest marquee award, along with the bank’s Best Treasury & Cash Management Bank in the Asia Pacific win from The Asset earlier this month, highlights Deutsche Bank's market-driving Trade Finance and Institutional Cash Management (ICM) abilities in the area.
Not only this, but The Asian Banker also named Atul Jain, Global Co-Head of Trade Finance & Lending, ‘Transaction Finance Person of the Year. This award signifies individuals who have delivered phenomenal leadership, and left a solid impression on the industry as well as provided their support to the transformation of their association. Both Atul Jain and Oliver Resovac head Trade Finance and Lending at Deutsche Bank.
Depicting Jain as the “undisputed winner”, the distribution remarked: “From holding up suppliers, and distributors of your anchor international clients in ecosystem financing to demonstrating a next-generation vision of supporting clients’ clean energy excursion and concentrate on sustainability in project financing, you have efficiently showed a solid vision, verve and courage to guide the bank’s trade finance business during highly difficult times.”
Top For Transaction Finance
The Asian Banker also highlighted the bank’s leadership in global correspondent banking and payments. Meanwhile, Deutsche Bank is boosting commodity trade finance business activities to help enhance its regional businesses. It also won “Best Global (Euro and USD) Clearing Bank in the Asia Pacific”, and “Best Global (Euro) Clearing Bank in the Asia Pacific”.
These awards are followed by 52 awards from The Asset including Best Cash Management Bank in the Asia Pacific.
The Asian Banker Transaction Finance Awards perceives leadership in cash management, trade finance, supply chain finance, and payments amongst financial institutions in the Asia Pacific, the Middle East & Africa.
The Asian Banker Awards 2022 – Deutsche Bank wins:
Here are the Bank Awards:
1. Best International Trade Finance Bank in the Asia Pacific (winner for five consecutive years)
2. Best Global (Euro and USD) Clearing Bank in the Asia Pacific (winner since 2015)
3. Best Global (Euro) Clearing Bank in the Asia Pacific (winner since 2018)
Client Solution Awards - Best Financial Supply Chain Solution – Hitachi Energy, India
Industry Achievement Awards - Transaction Finance Person of the Year – Atul Jain