Tuesday, 25 June 2024

Deutsche Bank recognised as Best EURO Clearing Bank in Asia Pacific

5 min read

By The Asian Banker

As a leading clearing institution, this global bank has transitioned to ISO 20022 and MX for Target 2 and EURO 1, enabling live Euro transactions. As an intermediary for Swift Go Euro clearing, it significantly reduced fees for SMEs and retail operations. In 2023, it merged its institutional cash and trade divisions, enhancing service integration and expanding its FI mandates by over 200%.

For being customers’ main EUR treasury bank based on its abilities to optimise efficiency in Mergers & Acquisitions, syndication, and intraday FX settlements, Best EUR Clearing Bank in Asia Pacific is Deutsche Bank.

View the full image gallery of the gala awards here


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