Maybank has been named Best Trade Finance Provider 2020 in Malaysia by Global Finance magazine. The award was presented at a special ceremony held in Frankfurt, where industry leaders of each country were recognised for developing and taking advantage of new capabilities, whilst monitoring global trends to deliver clients key insights on both trade and finance.
Under this awards programme, the best trade finance providers were selected by the editorial review board of Global Finance based on entries from banks and other providers, as well as input from industry analysts, corporate executives and technology experts. Criteria for choosing the winners included transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.
Managing Director, Global Markets and Transaction Banking, Md Farid Kairi said that the award was a recognition of Maybank’s leadership in the trade finance business in Malaysia, where it holds a leading market share position.
“We continue to record steady growth in customers using our trade finance services which is offered through our vast global network of branches as well as via our digital platform. With the convenience and seamlessness afforded through our various channels, we are expecting a healthy growth in our global trade finance business in 2020.” he said.
Global Finance is a leading international financial magazine headquartered in New York with offices in London and Milan. It has readers in 163 countries which include Chairmen, Presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic business decisions. The magazine focuses on international finance markets, covering various topics such as corporate finance, joint ventures, capital markets, investor relations and money management among others.
Each year, Global Finance selects the best financial institutions around the world and presents them with awards that have become a recognised and trusted standard of excellence.