BNP Paribas has received top recognition in several categories in the 2017 Greenwich Quality Leader & Excellence Awards for Asian Large Corporate Trade Finance, recognising the Bank’s capability in traditional trade, commodity trade and supply chain finance in the region.
Based on interviews conducted from April to June in 2017 with 578 large Asian corporates (Asia-based and foreign subsidiaries) with annual revenues of US$500 million or more across China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam, BNP Paribas was recognised in the following categories:
Greenwich Quality Leader
- #1 Quality Leader in Asian Large Corporate Trade Finance
- #1 Quality Leader in Large Corporate Trade Finance in China, South Korea, Singapore and Southeast Asia
Greenwich Excellence Awards
- Quality of Advice
- Speed of Error Correction
- Effectiveness in Reducing Paperwork
Greenwich Share Awards (market penetration)
- #3* in Asia
- #2* in Singapore
- #3* in Hong Kong
- #3 in Southeast Asia
BNP Paribas Head of Transaction Banking Asia Pacific, Wee Chye Kin said: “I’m particularly proud that we ranked number one in areas where that our clients cite directly as being important to their trade banking relationships – advisory capability, effectiveness in reducing paperwork and fixing errors quickly.
“We continue to work hard on improving our delivery to clients in Asia Pacific and within our extensive global network. Trade Finance is important to the real economy and our bank, so we are pleased by this recognition from our clients,” said Mr Wee.