(MENAFN- Muscat Daily) HSBC Bank Oman has been voted as the 'Best Domestic Cash Management Bank' in the sultanate for the third consecutive year by the prestigious Euromoney Cash Management Survey 2014.

This success was complemented by HSBC Group's international triumphs in securing its second year as the 'Best Regional Cash Management Provider for Asia and the Middle East' as well as the 'Best Global Cash Management Bank' titles.

Euromoney's 14th Annual Cash Management Survey provides cash managers treasurers and financial officers with the opportunity to comment on the standard of the international cash management services they receive and rate the financial institutions they bank with. HSBC Bank Oman was praised for the effective coordination of its payments and cash management services in both corporate and financial institutions categories with survey responses highlighting the bank's ability to form strong client relationships by continually developing products and services that deliver efficient and high quality solutions.

Iain Morrison general manager and head of commercial banking at HSBC Bank Oman said 'Being recognised once again by our customers as the Best Domestic Cash Management Bank in the sultanate and for a third year in a row is a strong indicator that we remain firmly on track to achieve our vision of becoming the leading bank in Oman.
'Leveraging HSBC Group's international expertise regionally and locally for the benefit of our customers wherever they are based and trade has inspired customers in as many as 26 countries to nominate HSBC as their number one domestic bank.'

He added 'Combining the strengths of our local expertise in Oman with HSBC's global footprint which covers a majority share of global trade transactions has clearly demonstrated that we continue to fulfil our customers' requirements through enhanced delivery channels and unparalleled levels of service supported by a comprehensive suite of world-class products.'

HSBC Bank Oman provides access to a wide range of business products and services for Small & Medium Sized Enterprises (SMEs) through to large corporates. Corporate financing solutions including trade treasury global payments and cash management corporate credit cards custody clearing and time deposits are available to more than 10000 corporate clients across the county.

HSBC Bank Oman is part of a global network of 6200 offices in over 74 countries and territories in Europe the Asia-Pacific region North and Latin America the Middle East and Africa.