- Awarded for the Bank’s initiatives across Trade Facilitation Programs under Payment Guarantee (World Bank and IFC), Gold Metal Loan & Consignment Sale and Superior Financial Supply Chain Solutions
Mumbai, August 12, 2016: YES BANK, India’s fifth largest private sector bank, was adjudged “Trade Finance Bank of the Year” at the Asian Banking & Finance Wholesale Awards 2016 for the second consecutive year on July 20, 2016 in Singapore. Asian Banking and Finance (ABF) is a leading Financial Services entity that publishes the leading Asian Banking and Finance magazines and has been recognizing the most innovative projects/industry best practices in Asia's wholesale banking sector since 2012.
YES BANK was declared winner for showcasing its exemplary initiatives across Trade Facilitation Programs under Payment Guarantee (World Bank and IFC), Gold Metal Loan & Consignment Sale and Superior Financial Supply Chain Solutions that have successfully catered to the evolving requirements of corporate clients.
This year Asian Banking & Finance received nominations from over 100+ Asia Pacific countries including China, Singapore, Australia, Hong Kong, India, Thailand, Vietnam, Malaysia, Philippines and Taiwan. YES BANK was declared winner after a rigorous assessment by an independent panel comprising of members from Deloitte, Ernst &Young Advisory LLP, KPMG and PricewaterhouseCoopers LLP amongst others.
Mr. Rana Kapoor, Managing Director & CEO, YES BANK said “It is a proud moment for all
YES BANKers to receive this prestigious award from Asia’s foremost business magazine, The Asian Banking and Finance, for the second consecutive year. This global recognition is a testimony to YES BANK’s leadership position for our YES TRANSACT services in Trade Services Business and Transaction Banking. We continue to progressively evolve into a technology and innovation driven company which offers cutting edge banking and financial solutions to our valuable clients, and are committed to our vision of Building the Finest Quality Bank of the World in India by 2020.”
About YES BANK
YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.
YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.
YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “Building the Finest Quality Bank of the World in India by 2020”.
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