Mumbai, June 29, 2017: YES BANK, India’s fourth largest private sector Bank, has been adjudged as the ‘Best Trade Finance Bank in India’ at The Asian Banker Transaction Banking Awards 2017. YES BANK was assessed on the basis of its ability to meet business requirements of the clients through tailor-made trade finance solutions, complimented by state of the art digital platforms, thereby attaining outstanding growth in its trade business.
YES BANK’s victory as the Best Trade Finance Bank in India was its 3rd successive victory at the Transaction Banking Awards. This demonstrates the Bank’s impressive and sustained progress in offering customized Trade Finance & Service solutions, complimented by prudent Risk Management and regulatory compliance, best in class supply chain practices, innovative and differentiated services & solutions to our customers.
The Transaction Banking Group at YES BANK is a core product group focused on Financial Supply Chain Management of Corporates, both International and Domestic, comprising Trade Finance & Services and Cash Management Services (CMS). The Trade Finance & Services product portfolio focuses significantly on Working Capital requirements across large and small Corporates (including the government and SMEs).
On receiving the prestigious recognition,Asit Oberoi, Group President and Global Head,Transaction Banking Group, said, “The depth and breadth of our Trade Finance solutions coupled with adoption of international best practices, robust digital offerings, highest standards of customer service, quality and operational excellence helps in servicing the changing needs of our clients across the country. This recognition reaffirms YES BANK’s mission of breaking technological barriers to provide superior customer experience.”
The Asian Banker Transaction Banking Awards is a prestigious and transparent annual awards program, recognizing leadership in cash management, trade finance and payments industries amongst international financial institutions in Asia Pacific, the Middle East and Africa. Banks were evaluated across dimensions such as financial performance, sales capabilities, channels and distribution, products and services, operations & technology and achievements.
About YES BANK
YES BANK, India’s fourth 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 LARGE BANK OF THE WORLD IN INDIA”.
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