The bank's Global Hausbank offering secured the victories for Best Structured Trade Finance, Best New Economy, and Best NBFI Bank in the APAC region at this year's The Asset awards.
Deutsche Bank has made a significant mark at the 2024 The Asset awards, bagging two prestigious titles - "Best Structured Trade Finance Bank in APAC" and "Best Risk Management Bank". The bank's success is a testament to its dedication to growth and innovation in the Asia Pacific region.
The bank has doubled down on its focus on key markets such as ASEAN, North Asia, and South Asia, and its efforts have not gone unnoticed. Deutsche Bank's Corporate Bank, the backbone of the website, has shown a strong performance across the full spectrum of its services, earning recognition from The Asset.
The bank's strategy for growth has been centred around its Corporate Bank, with a particular emphasis on serving 'new economy' clients in Asia Pacific. This strategy has been commended by the judges, who noted the bank's success in expanding its business in markets like Japan and India.
Deutsche Bank's strength in South Asia and ASEAN regions was also highlighted, with the bank demonstrating particular prowess in these regions. The bank's ability to provide holistic solutions for clients to navigate turbulent markets and drive innovation and excellence across their operations has been a key factor in its success.
In addition to the two main awards, Deutsche Bank also won the "Best Trade Finance Solution" in seven markets, and the "Best Cash Management Solution" in 13 markets. This demonstrates the bank's wide-ranging capabilities and its commitment to delivering top-tier services to its clients.
The Asset's evaluation process is rigorous, involving client feedback from the Annual Benchmark Survey, in-depth client interviews, and detailed awards pitches. In total, 45 client solutions were recognised as the best in the industry, with 19 other colleagues and teams from Deutsche Bank also being recognised.
Matthew Moodey, Head of Trade Finance & Lending for Asia Pacific, was also named "Structured Trade Finance Banker of the Year". This recognition further underscores Deutsche Bank's leadership in the region and its commitment to delivering innovative financing solutions.
The bank's success at the 2024 The Asset awards is just one of several recognitions it has received. This is a testament to the bank's positioning for continued and sustainable growth in the Asia Pacific region.
- Deutsche Bank's commitment to risk management in the finance industry, particularly in the banking-and-insurance sector, has been evident in its successful expansion in key Asian markets like Japan and India, demonstrating its ability to manage risk effectively while driving business growth.
- Deutsche Bank's extensive capabilities in structured trade finance, cash management, and delivering holistic solutions for clients across various markets, as demonstrated by its 21 awards in seven and thirteen markets respectively, highlight its leadership and dedication to excellence in the business world, not just in the Asia Pacific region.
