Standard Chartered wins 5 prestigious Honours at the Asset Triple A Treasuries Awards 2023

Standard Chartered Sri Lanka has shown exceptional success at the Asset Triple A Treasuries Awards 2023 where the bank secured five coveted awards across various categories. The awards, a hallmark of excellence in corporate treasury management, trade finance, supply chain management, risk management, and ESG initiatives, underscore the bank’s commitment to pioneering financial solutions, it said in a media release.

Standard Chartered Sri Lanka’s outstanding achievements include its proficiency in offering cash management services tailored to the unique needs of Sri Lankan businesses, which earned it the accolade for Best Service Providers - Cash Management (Sri Lanka). Similarly, the bank's commitment to providing trade finance services was acknowledged with the award for Best Service Providers - Trade Finance (Sri Lanka).

The bank’s innovative prowess came to the fore as it was honoured with the award for Best New Economy Solution - Payments and Collections (Sri Lanka), highlighting its dedication to transforming the financial landscape. This award was achieved for the implementation of the first and only API-based real-time collection solution with credit and debit notification enabled in Sri Lanka that allows checking of receivables status and running of any receivables-related query 24x7 and 365 days a year. Furthermore, Standard Chartered Sri Lanka’s dedication to effective project execution and management was recognised through the award for Implementation Manager of the Year, awarded to Devaka Wijedoru, Head of Global Implementation, Transaction Banking.

The bank also received the esteemed title of Best Sub Custodian, South Asia (Sri Lanka) at the Asset Triple A Sustainable Investing Awards for Institutional Investors, ETFs, and Asset Servicing Providers 2023.