United Overseas Bank Thailand (UOBT) has received a strong vote of confidence from its corporate clients in the annual Asiamoney Cash Management Poll. The Bank was named the best foreign domestic and best foreign cross-border cash management service provider in Thailand.
Across the region, UOB won 23 cash management awards including the Best Local Cash Management Bank in Singapore, the Best Foreign Cash Management Bank in China, and the Best Foreign Cash Management Bank in Malaysia. (see appendix for full listing).
This recognition reflects the solid business growth of UOBT’s Transaction Banking business over the last year. UOBT Transaction Banking business has achieved a double-digit growth in trade loans and deposits despite today’s low-interest rates environment.
Ms.Patchanee Vongsilpawattana, Executive Director of Transaction Banking, UOB (Thai), said “We have put in great efforts to understand the specific needs of our customers as they expand domestically and across the region. This is how we build a long-term relationship with our clients. We will continue to use our extensive Asian network and local market knowledge to help our clients improve their domestic and cross-border cash management and to limit their foreign exchange, interest rate and counter-party risks.”
To serve better the cross-border cash and trade needs of its clients, UOB has been expanding its talent pool in cash management and financial supply chain management. The Bank has also invested in developing a comprehensive suite of cash management services and solutions to help its clients manage and to optimise their cross-border working capital more efficiently and effectively.
List of Awards
UOB China
Best Foreign CM Bank in China as voted by small-sized corporates
Best Foreign CM Bank in China as voted by large-sized corporates
Best Foreign Domestic CM Services in China as voted by small-sized corporates
Best Foreign Cross-Border CM Services in China as voted by small-sized corporates
UOB Singapore
Best Local CM Bank in Singapore as voted by small sized corporates
Best Local CM Bank in Singapore as voted by medium-sized corporates
Best Local CM Bank in Singapore as voted by large-sized corporates
Best Overall Domestic CM Services in Singapore as voted by small-sized corporates
Best Overall Domestic CM Services in Singapore as voted by medium-sized corporates
Best Overall Cross-Border CM Services in Singapore as voted by small-sized corporates
Best Overall Cross-Border CM Services in Singapore as voted by medium-sized corporates
Best Overall Cross-Border CM Services in Singapore as voted by large-sized corporates
Best Local Currency CM Services for SGD as voted by Financial Institutions
UOB Malaysia
Best Foreign CM Bank in Malaysia as voted by small-sized corporates
Best Foreign CM Bank in Malaysia as voted by medium-sized corporates
Best Foreign CM Bank in Malaysia as voted by large-sized corporates
Best Foreign Domestic CM Services in Malaysia as voted by small-sized corporates
Best Foreign Domestic CM Services in Malaysia as voted by medium-sized corporates
Joint #1 Best Foreign Domestic CM Services in Malaysia as voted by large-sized corporates
Best Foreign Cross-Border CM Services in Malaysia as voted by small-sized corporates
Best Foreign Cross- Border CM Services in Malaysia as voted by medium-sized corporates
UOB Thailand
Best Foreign Domestic CM Services in Thailand as voted by medium-sized corporates
Best Foreign Cross- Border CM Services in Thailand as voted by medium-sized corporates
26 August 2014
For More information, please contact
Brand Performance & Corporate Communications,
United
Overseas Bank (Thai) Pcl.
Parista Yuthamanop Tel. 0-2343-4965
