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Standard Chartered named best for cash management

STANDARD Chartered Bank, SCB Nigeria has been named as the Best Overall Bank for Cash Management in Nigeria by Global Finance. Global Finance released the rankings for its 18th annual Best Treasury and Cash Management Banks and providers by category, region and by country recently.

Speaking on the announcement, Khurrum Zaeem, Head of Transaction Banking for Nigeria and West Africa, in a statement said: “We are delighted with this industry recognition. The award is a testament to our continued focus on developing market-leading solutions, digital channels and liquidity management solutions that deliver easy, convenient banking to all our clients. As a bank, we have been investing in developing our digital banking solutions not only to transform the transacting experience of our clients but also to provide them with the highest levels of ease and security in the management of cash. We continue to invest for long-term growth in Nigeria were digital technologies will shape the future of banking.”

The bank further stated: “The Transaction Banking business in Nigeria provides a full suite of market leading propositions in Cash Management, Trade Finance and Security Services to clients within the local and international network. Based on client’s needs, we provide varied solutions covering the efficient management of receivables, liquidity and payables – effectively facilitated through a fully integrated electronic banking platform which offers clients convenience, efficiency, transparency, and enhanced security.


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