17 August 2023, Colombo: Standard Chartered Sri Lanka demonstrated 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.
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 unwavering 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 24×7 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.
Lastly, underscoring its efforts in providing securities services, 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.
Bingumal Thewarathanthri, Chief Executive Officer of Standard Chartered Sri Lanka, expressed his elation regarding the Bank’s resounding success at the awards. “These awards are a testament to our continuous efforts to provide unparalleled financial solutions and services to our clients. We remain steadfast in our commitment to fostering innovation and excellence across all aspects of our operations, contributing to the growth and success of businesses in Sri Lanka.”
Standard Chartered Sri Lanka’s remarkable achievements at the Asset Triple A Treasuries Awards 2023 underscore its position as a trailblazer in the financial industry, setting new standards for innovation, service quality, and client-centric solutions.
The Asset Triple A Treasuries Awards are highly esteemed recognitions presented annually to outstanding companies and financial institutions that have showcased exceptional prowess in implementing ground breaking initiatives across various financial sectors. These awards span across categories such as corporate treasury management, trade finance, supply chain management, and risk management. The winners are acknowledged both at the in-country/territory level and on a regional scale encompassing Asia Pacific, the Middle East, Europe, and North America.