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YES BANK wins multiple top honors at The Asian Banker Awards 2015

YES BANK wins multiple top honors at The Asian Banker Awards 2015

YES BANK wins multiple top honors at The Asian Banker Awards 2015

Mumbai: YES BANK has won multiple awards at The Asian Banker Achievement Awards programmes held in Hong Kong. YES BANK won the following awards :

· Best Trade Finance Bank in India – The Asian Banker Transaction Banking Awards 2015

· Best Corporate Trade Finance Deal in India – The Asian Banker Bankers’ Choice Awards 2015

Best Cash Management Project in India – The Asian Banker Bankers’ Choice Awards 2015

· The Enterprise Risk Technology Implementation of the Year (Asia) – The Asian Banker Risk Management Awards
The Asian Banker Awards are widely acknowledged by the banking and financial services industry as the highest accolades available to professionals and banks in the industry, as recognized in the Asia Pacific region. A stringent three-month evaluation process based on a balanced and transparent scorecard had been used to determine the winners.

Speaking about the awards, Mr. Rana Kapoor, Managing Director & CEO, YES BANK said “YES BANKers are pleased to receive these prestigious recognitions from The Asian Banker magazine. The awards reinforce YES BANK’s leadership in the Transaction Banking and Payments domain which is backed by innovation, technology and robust risk management frameworks. We continue to offer cutting edge banking and financial solutions to our clients, and are steadfastly committed to our vision of Building the Finest Quality Bank of the World in India by 2020”

YES BANK’s recognitions as Best Trade Finance Bank in India 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 service & solution to our domestic customers and global banks, the most important stakeholders in this recognition.

YES BANK also received an award for Best Corporate Trade Finance Deal in India reflecting YES BANK’s trade team’s competency in understanding the unique requirement of our customers deeply to arrive at a industry and client specific solutions. Such marquee client specific transactions, will over a period of time benefit the entire industry.

YES BANK’s Cash Management Project with Hatsun Agro included an innovative technology driven offering which enabled real time credits & expedited payments to farmers through a cost-effective and secure manner. Given the high social impact of this offering and the scalability potential, this deal was recognized as the Best Cash Management Project in India

At the Risk Management Awards, YES BANK was also recognized for the best Enterprise Risk Tecnology Implementation of the Year in Asia. The implementation helped YES BANK deliver solutions to our corporate clients in a robust and extremely secure manner using cutting edge technology. Awards such as these are reflective of the comprehensive enterprise risk management culture adopted at YES BANK.

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