Yes Bank adjudged 'Best Trade Finance Bank in India' at The Asian Banker Transaction Banking Awards 2017
Yes Bank was assessed on the basis of its ability to meet business requirements of the clients through tailor-made trade finance solutions, complimented by state of the art digital platforms, thereby attaining outstanding growth in its trade business.
Yes Bank’s victory as the Best Trade Finance Bank in India was its 3rd successive victory at the Transaction Banking Awards.
The Transaction Banking Group at Yes Bank is a core product group focused on Financial Supply Chain Management of Corporates, both International and Domestic, comprising Trade Finance & Services and Cash Management Services (CMS).
The Trade Finance & Services product portfolio focuses significantly on Working Capital requirements across large and small Corporates (including the government and SMEs).
On receiving the prestigious recognition, Asit Oberoi, Group President and Global Head, Transaction Banking Group, said, “The depth and breadth of our Trade Finance solutions coupled with adoption of international best practices, robust digital offerings, highest standards of customer service, quality and operational excellence helps in servicing the changing needs of our clients across the country. This recognition reaffirms Yes Bank’s mission of breaking technological barriers to provide superior customer experience.”
The Asian Banker Transaction Banking Awards is a prestigious and transparent annual awards program, recognizing leadership in cash management, trade finance and payments industries amongst international financial institutions in Asia Pacific, the Middle East and Africa.
Banks were evaluated across dimensions such as financial performance, sales capabilities, channels and distribution, products and services, operations & technology and achievements.