Exemplary financial institutions, initiatives commended at the Asian Banking & Finance Wholesale and Retail Banking Awards 2022
This year’s awards programme recognised over 150 exceptional banks and financial companies.
With the Asia Pacific banking and finance industry still navigating its way to economic recovery, industry players will still need to keep a close eye on the market trends that shape the future of the industry and how customers respond to such changes. Financial institutions will also need to stay vigilant about market issues that might hinder recovery in the near future.
Despite this, many companies persevered to provide services to customers and did not back down from the uncertainties of economic movements.
The 2022 Asian Banking & Finance Wholesale and Retail Banking Awards recognises this feat, honouring over 150 exceptional banks and financial companies across Asia Pacific in a prestigious awards programme held through a digital award presentation. Winners were able to share their thoughts on winning the awards and on the changing industry through a video interview.
The number of nominations for this year is at an all-time high, which highlights how the industry continues to show stellar performance and remain competitive in the middle of economic uncertainties.
This year’s entries were reviewed by an esteemed panel of judges, which includes EY Regional Managing Partner, ASEAN Nam Soon Liew; PwC Asia Pacific Financial Services Leader John Dovaston; Deloitte Audit Partner, Chief Strategy & Operations Officer, Audit & Assurance Ho Kok Yong; and Bain & Company Partner, Financial Services Edy Widjaja.
Congratulations to all the winners!
ABF WHOLESALE BANKING AWARDS 2022
Abu Dhabi Commercial Bank
- UAE Domestic Trade Finance Bank of the Year
Alliance Bank Berhad
- Malaysia Domestic Trade Finance Bank of the Year
- Malaysia Domestic Mobile App of the Year
Bangkok Bank Public Company Limited
- Thailand Domestic Trade Finance Bank of the Year
Bank of Ayudhya Plc. (Krungsri)
- Thailand Domestic Technology & Operations Bank of the Year
- Thailand Domestic Initiative of the Year
Bank of China (Hong Kong) Limited
- Hong Kong Domestic ESG Liquidity Management Initiative of the Year
- Hong Kong Domestic Cash Management Bank of the Year
- Hong Kong Domestic Trade Finance Bank of the Year
- Taiwan Domestic COVID Management Initiative of the Year
Banque Misr
- Egypt Domestic Cash Management Bank of the Year
- Egypt Domestic Initiative of the Year
BBVA
- Hong Kong International Initiative of the Year
Cathay United Bank
- Taiwan Domestic Cash Management Bank of the Year
- Taiwan Domestic Trade Finance Bank of the Year
- Taiwan Domestic Project Finance Bank of the Year
China Construction Bank (Asia) Corporation Limited
- Hong Kong International Cash Management Bank of the Year
Citi
- Hong Kong International Project Finance Bank of the Year
Commercial Bank of Ceylon
- Sri Lanka Domestic Trade Finance Bank of the Year
FINCA Microfinance Bank Ltd Pakistan
- Pakistan Domestic COVID Management Initiative of the Year
First Abu Dhabi Bank
- UAE Domestic Cash Management Bank of the Year
- UAE Domestic Swift Initiative of the Year
Habib Bank Limited
- Pakistan Domestic Cash Management Bank of the Year
- Pakistan Domestic Trade Finance Bank of the Year
- Pakistan Domestic Project Finance Bank of the Year
Hang Seng Bank
- Hong Kong Domestic DLT Initiative of the Year
- Hong Kong Domestic Payments Bank of the Year
HSBC
- Sri Lanka International Initiative of the Year
The Hongkong & Shanghai Banking Corporation Limited
- India International Technology & Operations Bank of the Year
Industrial and Commercial Bank of China Limited Dubai (DIFC) Branch
- UAE International Project Finance Bank of the Year
ICICI
- India Domestic Trade Finance Bank of the Year
- India Domestic Initiative of the Year
- India Domestic COVID Management Initiative of the Year
Intesa SanPaolo
- Hong Kong International Swift Initiative of the Year
Joint Stock Commercial Bank for Investment and Development of Vietnam
- Vietnam Domestic Foreign Exchange Bank of the Year
- Vietnam Domestic Derivatives Initiative of the Year
- Vietnam Domestic FDI Bank of the Year
KASIKORNBANK
- Thailand Domestic Cash Management Bank of the Year
Maybank
- Malaysia Domestic COVID Management Initiative of the Year
Maybank Investment Bank
- Malaysia Domestic Project Finance Bank of the Year
- Malaysia Domestic Sustainability Initiative of the Year
National Development Bank PLC
- Sri Lanka Domestic Cash Management Bank of the Year
- Sri Lanka Domestic Project Finance Bank of the Year
Nepal SBI Bank Limited
- Nepal Domestic Technology & Operations Bank of the Year
- Nepal Domestic Initiative of the Year
- Singapore Domestic Cash Management Bank of the Year
- Singapore Domestic Trade Finance Bank of the Year
OCBC Bank (Malaysia) Berhad
- Malaysia International Cash Management Bank of the Year
PT. Bank OCBC NISP, Tbk
- Indonesia Domestic Cash Management Bank of the Year
PT Bank Danamon Indonesia, Tbk (Danamon)
- Indonesia Domestic COVID Management Initiative of the Year
PT Bank Negara Indonesia (Persero) Tbk
- Indonesia Domestic Project Finance Bank of the Year
PT Bank Mandiri (Persero) Tbk
- Indonesia Domestic Trade Finance Bank of the Year
- Indonesia Domestic Initiative of the Year
RHB Banking Group
- Malaysia Domestic Foreign Exchange Bank of the Year
Rizal Commercial Banking Corporation
- Philippines Domestic Trade Finance Bank of the Year
- Philippines Domestic Cash Management Bank of the Year
Sai Gon Thuong Tin Commercial - Sacombank
- Vietnam Domestic Technology & Operations Bank of the Year
Saigon-Hanoi Commercial Joint Stock Bank
- Vietnam Domestic Trade Finance Bank of the Year
- Vietnam Domestic COVID Management Initiative of the Year
Sampath Bank
- Sri Lanka Domestic Customer Initiative of the Year
Standard Chartered Bangladesh
- Bangladesh International Trade Finance Bank of the Year
Standard Chartered Bank
- Singapore International Swift Initiative of the Year
Standard Chartered Bank Malaysia Berhad
- Malaysia International Initiative of the Year
Standard Chartered Bank of Thailand
- Thailand International Cash Management Bank of the Year
Standard Chartered Bank, Indonesia Branch
- Indonesia International Cash Management Bank of the Year
Standard Chartered Bank (Singapore) Limited
- Singapore International Data Initiative of the Year
Sumitomo Mitsui Banking Corporation, Taipei Branch
- Taiwan International Foreign Exchange Bank of the Year
Taishin International Bank
- Taiwan Domestic Technology & Operations Bank of the Year
Turk Ekonomi Bankasi A.S.
- Turkey Domestic Cash Management Bank of the Year
U Microfinance Bank Limited
- Pakistan Domestic Initiative of the Year
United Overseas Bank Limited
- Brunei International Project Finance Bank of the Year
UOB
- Malaysia International Trade Finance Bank of the Year
ABF RETAIL BANKING AWARDS 2022
- Domestic Retail Bank of the Year - Cambodia
AFFIN BANK BERHAD
- Financial Inclusion Initiative of the Year - Malaysia
- Digital Transformation of the Year - Malaysia
- Website of the Year - Malaysia
Airtel Payments Bank
- Virtual Bank of the Year - India
AmBank (M) Berhad
- Analytics Initiative of the Year - Malaysia
- Digital Business Banking Initiative of the Year - Malaysia
Ardshinbank
- Domestic Retail Bank of the Year - Armenia
Aspire FT Pte Ltd
- Digital Business Banking Initiative of the Year - Singapore
- Start-up Banking Initiative of the Year - Singapore
Hugosave (Atlas Consolidated Pte Ltd)
- Debit Card Initiative of the Year - Singapore
au Jibun Bank Corporation
- Strategic Partnership of the Year - Japan
AU Small Finance Bank
- Digital Consumer Banking Initiative of the Year - India
- Financial Inclusion Initiative of the Year - India
Axis Bank Limited
- AI & Machine Learning Initiative of the Year - India
Baiduri Bank
- Domestic Retail Bank of the Year - Brunei
Baiduri Finance
- Finance Company of the Year - Brunei
Bank BRI
- Financial Inclusion Initiative of the Year - Indonesia
Bank Dhofar
- Digital Transformation of the Year - Oman
BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM
- SME Bank of the Year - Vietnam
Bank of China (Hong Kong) Limited
- Digital Transformation of the Year - Hong Kong
- Mobile Banking & Payment Initiative of the Year - Hong Kong
Bank of East Asia, Ltd
- Domestic Retail Bank of the Year - Hong Kong
Bank Rakyat Indonesia
- Mobile Banking & Payment Initiative of the Year - Indonesia
- COVID Management Initiative of the Year - Taiwan
- Financial Inclusion Initiative of the Year - Taiwan
- Service Innovation of the Year - Taiwan
BDO Network Bank, Inc.
- Marketing & Brand Initiative of the Year - Philippines
- Wealth Management Platform of the Year - Philippines
- Financial Inclusion Initiative of the Year - Philippines
- Investment Product Innovation of the Year - Philippines
Cake Bank and Mambu
- Core Banking System Initiative of the Year - Vietnam
Cathay United Bank
- Digital Consumer Banking Initiative of the Year - Taiwan
- Marketing & Brand Initiative of the Year - Taiwan
CB Bank
- SME Bank of the Year - Myanmar
Cebuana Lhuillier Rural Bank, Inc.
- Rural/Cooperative Bank of the Year - Philippines
Chang Hwa Commercial Bank
- Banking for Women Initiative of the Year - Taiwan
China Banking Corporation
- Digital Business Banking Initiative of the Year - Philippines
CIMB Thai Bank Public Company Limited
- Investment Product Innovation of the Year - Thailand
- Wealth Management Platform of the Year - Thailand
Commercial Bank of Ceylon PLC
- COVID Management Initiative of the Year - Sri Lanka
- Digital Wallet Initiative of the Year - Sri Lanka
CTBC Bank
- Domestic Retail Bank of the Year - Taiwan
- Branch Innovation of the Year - Bronze
DBS Bank
- Core Banking System Initiative of the Year - Hong Kong
- COVID Management Initiative of the Year - Hong Kong
DBS Indonesia
- Digital Business Banking Initiative of the Year - Indonesia
- Credit Card Initiative of the Year - Indonesia
- Digital Consumer Banking Initiative of the Year - Indonesia
DBS Taiwan
- Employer Award of the Year - Bronze
Equitas Small Finance Bank
- Marketing & Brand Initiative of the Year - India
Fidelity International
- Retirement Solutions of the Year - Hong Kong
- Service Innovation of the Year - Hong Kong
FINCA
- Banking for Women Initiative of the Year - Pakistan
Hana Bank
- Digital Consumer Banking Initiative of the Year - South Korea
Helicap
- Financial Inclusion Initiative of the Year - Singapore
Habib Bank Limited
- Point-of-Sale Initiative of the Year - Pakistan
HH Bank Cambodia
- Marketing & Brand Initiative of the Year - Cambodia
Hong Leong Bank
- SME Bank of the Year - Malaysia
Hong Leong Finance
- ASEAN Finance Company of the Year
HSBC
- Digital Consumer Banking Initiative of the Year - Hong Kong
- Wealth Management Platform of the Year - Hong Kong
PayMe
- Digital Wallet Initiative of the Year - Hong Kong
HSBC Bangladesh
- International Retail Bank of the Year - Bangladesh
- Branch Innovation of the Year - Silver
HSBC Bank (China) Company Limited
- International Retail Bank of the Year - China
- Marketing & Brand Initiative of the Year - China
HSBC Bank (Vietnam) Ltd.
- International Retail Bank of the Year - Vietnam
HSBC Indonesia
- Wealth Management Platform of the Year - Indonesia
- ESG Program of the Year - Bronze
- Marketing & Brand Initiative of the Year - Indonesia
HSBC Philippines
- International Retail Bank of the Year - Philippines
- Credit Card Initiative of the Year - Philippines
HSBC Bank (Singapore) Limited
- Remittance Company of the Year - Singapore
- Strategic Partnership of the Year - Singapore
HSBC Sri Lanka
- International Retail Bank of the Year - Sri Lanka
HSBC Taiwan
- Wealth Management Platform of the Year - Taiwan
- Credit Card Initiative of the Year - Taiwan
ICICI Bank
- Digital Transformation of the Year - India
- Service Innovation of the Year - India
Jordan Kuwait Bank
- AI & Machine Learning Initiative of the Year - Jordan
JS Bank
- SME Bank of the Year - Pakistan
KASIKORN LINE Co., Ltd.
- Financial Inclusion Initiative of the Year - Thailand
- New Consumer Lending Product of the Year - Thailand
KASIKORNBANK PCL.
- Mobile Banking & Payment Initiative of the Year - Thailand
- Strategic Partnership of the Year - Thailand
Krungthai Card
- Analytics Initiative of the Year - Thailand
LexinFintech
- Digital Business Banking Initiative of the Year - China
Maisarah Islamic Banking Services
- Islamic Banking Initiative of the Year - Oman
Malayan Banking Berhad
- Mobile Banking & Payment Initiative of the Year - Malaysia
- Online Banking Initiative of the Year - Malaysia
Mashreq Bank
- Digital Consumer Banking Initiative of the Year - UAE
- Digital Transformation of the Year - UAE
Maybank (Cambodia) Plc.
- International Retail Bank of the Year - Cambodia
Equity and Commodity Derivatives
Maybank Investment Bank Berhad
- Investment Product Innovation of the Year - Malaysia
Maybank Singapore
- Credit Card Initiative of the Year - Singapore
Maybank Indonesia
- Service Innovation of the Year - Indonesia
Mobilink Microfinance Bank Limited (MMBL)
- Digital Consumer Banking Initiative of the Year - Pakistan
Mox Bank
- Virtual Bank of the Year - Hong Kong
- Credit Card Initiative of the Year - Hong Kong
National Bank of Kuwait
- SME Bank of the Year - Kuwait
- Digital Consumer Banking Initiative of the Year - Kuwait
- Marketing & Brand Initiative of the Year - Kuwait
National Development Bank PLC
- Domestic Retail Bank of the Year - Sri Lanka
- SME Bank of the Year - Sri Lanka
Ngern Tid Lor Public Company Limited
- Finance Company of the Year - Thailand
- Insurance Product Innovation of the Year - Thailand
OCBC Bank
- ASEAN SME Bank of the Year
- SME Bank of the Year - Indonesia
OCBC Securities Private Limited
- Investment Product Innovation of the Year - Singapore
PrimeCredit Limited
- Finance Company of the Year - Hong Kong
PT Bank CTBC Indonesia
- Consumer Finance Product of the Year - Indonesia
- New Consumer Lending Product of the Year - Indonesia
PT Bank Danamon Indonesia, Tbk (Danamon)
- Open Banking Initiative of the Year - Indonesia
- Strategic Partnership of the Year - Indonesia
PT Bank Mandiri (Persero) Tbk.
- Domestic Retail Bank of the Year - Indonesia
PT Bank Permata, Tbk
- Millennial Product Initiative of the Year - Indonesia
Public Bank
- Domestic Retail Bank of the Year - Malaysia
RAKBANK
- SME Bank of the Year - UAE
- Fraud Initiative of the Year - UAE
- Mid-sized Domestic Retail Bank of the Year - UAE
RCBC Bankard Services Corporation
- New Consumer Lending Product of the Year - Philippines
Rizal Commercial Banking Corporation (RCBC)
- Remittance Company of the Year - Philippines
Rizal Commercial Banking Corporation (RCBC) and GBG
- AI & Machine Learning Initiative of the Year - Philippines
- Fraud Initiative of the Year - Philippines
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)
- Digital Business Banking Initiative of the Year - Vietnam
Saigon-Hanoi Commercial Joint Stock Bank
- Digital Consumer Banking Initiative of the Year - Vietnam
- Millennial Product Initiative of the Year - Vietnam
SAS Institute
- Analytics Initiative of the Year - Singapore
- Analytics Initiative of the Year - Thailand
Sathapana Bank Plc.
- Mobile Banking & Payment Initiative of the Year - Cambodia
Siam Commercial Bank
- Domestic Retail Bank of the Year - Thailand
- Debit Card Initiative of the Year - Thailand
- Digital Business Banking Initiative of the Year - Thailand
SquidPay Technology Inc
- Digital Wallet Initiative of the Year - Philippines
Standard Chartered Bank
- Strategic Partnership of the Year - Malaysia
Standard Chartered Bank Capital Markets Products and Solutions
- Online Securities Platform of the Year - Hong Kong
- Wealth Management Platform of the Year - China
Standard Chartered Bank
- Digital Transformation of the Year - Singapore
Standard Chartered Bank
- Islamic Banking Initiative of the Year - Bangladesh
Standard Chartered Bank (Hong Kong) Limited
- Employer Award of the Year - Silver
- ESG Program of the Year - Gold
- International Retail Bank of the Year - Hong Kong
Standard Chartered Taiwan
- International Retail Bank of the Year - Taiwan
- Analytics Initiative of the Year - Taiwan
- Digital Business Banking Initiative of the Year - Taiwan
Syfe
- Wealth Management Fintech of the Year - Singapore
Taishin International Bank
- Mobile Banking & Payment Initiative of the Year - Taiwan
- Online Banking Initiative of the Year - Taiwan
- Strategic Partnership of the Year - Taiwan
- Credit Card Initiative of the Year - Vietnam
- Domestic Retail Bank of the Year - Vietnam
The Social Loan Company (TSLC)
- AI & Machine Learning Initiative of the Year - UAE
- Financial Inclusion Initiative of the Year - UAE
TNEX
- Virtual Bank of the Year - Vietnam
U Microfinance Bank Limited
- Microfinance Bank of the Year - Pakistan
- Islamic Banking Initiative of the Year - Pakistan
uab bank Limited
- Mid-sized Domestic Retail Bank of the Year - Myanmar
- Strategic Partnership of the Year - Myanmar
UBX Philippines
- Mobile Banking & Payment Initiative of the Year - Philippines
Union Bank of the Philippines
- Domestic Retail Bank of the Year - Philippines
- SME Bank of the Year - Philippines
United Bank Limited
- Mobile Banking & Payment Initiative of the Year - Pakistan
- Banking for Women Initiative of the Year - Singapore
- Domestic Retail Bank of the Year - Singapore
- ESG Program of the Year - Silver
- Mobile Banking & Payment Initiative of the Year - Singapore
- Wealth Management Platform of the Year - Singapore
United Overseas Bank (Malaysia) Bhd
- International Retail Bank of the Year - Malaysia
UOB Thailand
- Branch Innovation of the Year - Gold
- International Retail Bank of the Year - Thailand
- Employer Award of the Year - Gold
Viet Capital Commercial Joint Stock Bank
- Mobile Banking & Payment Initiative of the Year - Vietnam
Vietcombank Remittance Company
- Remittance Company of the Year - Vietnam
Vietnam Public Joint Stock Commercial Bank (PVcomBank)
- Digital Transformation of the Year - Vietnam
WeLab Bank
- Consumer Finance Product of the Year - Hong Kong
- Marketing & Brand Initiative of the Year - Hong Kong
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