Thursday, 18 July 2024

Best Asian International Cash Management Bank in Asia Pacific is Mizuho Bank

5 min read

By The Asian Banker

This bank has one of the highest client-retention tenors of more than 90% in the region. Its unique set-up of transaction banking teams across Asia gives customers a well-rounded coverage of their cash management processes. Its head office in Tokyo is supported by regional offices in Singapore and Hong Kong and desk locations in Myanmar and Cambodia. 

The bank also succeeded in moving customers from physical tokens to digital soft tokens by working closely with target clients on API integrations. It developed its first stack of API in 2022, mainly for payment initiation, as well as account and balance reporting. Its global cash management platform has utilisation rates of close to 100%.  

For its high level of service and extended coverage of cash management services in unique locations like Myanmar and Cambodia, the Best Asian International Cash Management Bank in Asia Pacific is Mizuho Bank. 



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