Yinson was recently accorded ‘Regional – Best Liquidity & Investment Solution’ for its innovative implementation of system solutions at The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management Awards 2022.

Yinson, together with its banking partner HSBC Bank Malaysia Berhad (“HSBC”) successfully implemented a simplified and standardised digital solution for global liquidity management, linking banking partners across 8 markets. The system helps the Group to have better visibility and tighter control over its liquidity whilst reducing reliance on manual processes, thus improving its operational efficiencies. 

Yinson Group Chief Strategy Officer Daniel Bong said, “The award is a testament to the solid and long-standing relationship Yinson has with HSBC, who has supported us through our phases of growth for many years. This solution has resulted in greater efficiencies, ensuring that we will continue generating value to our stakeholders as we expand into new territories and business areas.” 

The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management Awards are presented annually to companies and financial institutions that have launched or helped implement initiatives in corporate treasury management, trade finance, supply chain and/or risk management. The awards primarily focus on key areas such as cash management, liquidity management, trade finance and structured trade finance, supply chain, working capital, hedging of foreign exchange, interest rate and commodities’ exposures, electronic implementation, and Renminbi internationalization.

For more information about the awards, please visit https://www.theasset.com/awards-single/treasury-trade-risk-management.