The Trade Treasury Payments Awards brought together banks, corporates, and industry leaders last week in Jersey City, USA, to recognise excellence across trade, treasury, and payments. With the winners now announced, we turn to the institutions named Best Cash, Liquidity and/or Risk Management Provider across each region.

For most companies, this work comes down to keeping cash available and making sure payments go through without delay. Teams need to know where their money is and trust that it can be moved to where it needs to go when it is needed. In today’s increasingly uncertain market, the ability to have that kind of reliability matters more than ever. What follows is a closer look at the submissions that earned these banks the title of the best provider across each region and globally.

Best Cash, Liquidity and/or Risk Management Provider – Sub-Saharan Africa 

Winner: Mauritius Commercial Bank Limited

Mauritius Commercial Bank (MCB) won the award for Best Cash, Liquidity and/or Risk Management Provider in Sub-Saharan Africa for combining liquidity and risk solutions with tangible development outcomes, most clearly seen in a transaction that helped Rwanda print its own school textbooks.

In this transaction, MCB structured a €550,000 supply chain finance facility, backed by a confirmed export letter of credit and supported through import loans and LC discounting, to fund the import of energy-efficient printing equipment from Germany for Rwanda’s Ministry of Education.

With the new machines in place, textbooks that were previously imported can now be produced locally. Having such capabilities domestically will help Rwanda achieve its domestic textbook production targets and has already contributed to estimated government savings of around $5 million. The equipment also reduces power consumption by up to 30 per cent, lowering operating costs while building technical skills and jobs on the ground.

In addition to the impact of individual transactions like this, MCB has also expanded its digital and regional capabilities to make it easier for African businesses to access trade finance and connect with partners. But it is deals like this, where funding translates directly into classroom outcomes, better jobs, and lower costs for the public sector, that illustrate the real impact of its approach.

Best Cash, Liquidity and/or Risk Management Provider – Europe

Winner: Lloyds Bank PLC

Lloyds Bank was recognised for modernising how corporates manage cash and cross-border payments through the continued rollout of Lloyds Bank Gem®, its digital treasury platform. At a time when treasurers are juggling rising costs and tighter liquidity constriants the bank focused on core needs, like visibility and control.

One of the most immediate changes has been real-time tracking of international payments using SWIFT GPI. Instead of chasing correspondent banks to locate funds, treasury teams can now see exactly where a payment sits in the chain, as well as when it will settle, and what charges have been applied. For organisations moving time-critical funds, that transparency helps ensure that money arrives when and where it is needed.

With straight-through processing rates of around 99 per cent, alongside self-service account configuration, virtual accounts, and automated sweeps, clients spend less time on reconciliation and administration and more time managing risk and liquidity strategy. In a year defined by uncertainty, that consistency has become a competitive advantage.

Best Working Capital and Risk Management Provider –  East Asia and Pacific

Winner: ING Bank

ING Bank was recognised for strengthening trade finance and liquidity management across Asia-Pacific through a regional Centre of Excellence in Singapore that supports clients in 12 markets from a single hub.

By centralising structuring and execution, ING helped corporates move faster across borders and unlock working capital tied up in long payment cycles. This has shown itself to be especially important in markets like Taiwan and Korea, where the bank supports exporters in the semiconductor and electronics supply chains.

One example was the expansion of a receivables finance programme for technology manufacturer Wistron, which grew from $770 million to $5 billion, giving the company and its suppliers greater certainty over liquidity as production scaled.

Digital tools complemented this effort, with ING’s InsideBusiness platform automating payments and driving a sharp rise in e-banking adoption across the region. The many steps that the bank has taken have helped clients access funding and manage risk, all in an effort to ultimately keep trade moving across one of the world’s most interconnected markets.

Best Cash, Liquidity and/or Risk Management Provider – Central Asia

Winner: JSCB Asia Alliance Bank

JSCB Asia Alliance Bank was recognised for building a treasury-led model that keeps foreign exchange readily available for clients operating across Uzbekistan’s growing trade corridors.

Despite its relatively modest size, the bank has made treasury the centre of its strategy, directly managing nearly half of its balance sheet and maintaining substantial liquidity buffers. As of October 2025, its liquidity coverage ratio stood at 321 per cent, which for importers and exporters, that means they will have reliable access to foreign currency and uninterrupted cross-border payments. 

In 2025 alone, the bank executed around $780 million in FX conversions and acted as a market maker in domestic FX and swap markets. A correspondent network spanning more than 15 international banks and over 12 currencies further enables clients to move funds efficiently across North America, Europe, Asia, and the Middle East.

Asia Alliance Bank, therefore, has been a steady counterparty for Uzbek corporates trading across borders, while contributing to the development and stability of the country’s financial markets.

Best Cash, Liquidity and/or Risk Management Provider – Middle East & North Africa

Winner: First Abu Dhabi Bank (FAB)

First Abu Dhabi Bank was recognised for rethinking how treasury and cash management should work in a region where corporates are scaling quickly, and supply chains are becoming more international.

Rather than adding incremental upgrades, FAB focused on giving clients the tools to modernise their entire treasury set-up. One standout initiative was the launch of a white-label treasury management system, offered on a SaaS basis, allowing corporates to implement a full treasury platform within weeks rather than embarking on costly, multi-year system builds. For many finance teams, this meant gaining immediate visibility and control over cash, liquidity, and risk without the traditional complexity or overhead.

At the same time, FAB played a leading role in strengthening the region’s payments infrastructure. Indeed, it was one of the first banks to go live on the UAE’s national instant payment platform and was a participant of parallel pilots in blockchain-based cross-border payments and central bank digital currencies, which aimed to demonstrate how next-generation rails could reduce friction in international settlements. In one multi-jurisdiction CBDC pilot alone, more than $22 million in cross-border and FX transactions were processed using digital currency.

Such initiatives have helped treasury teams move away from spreadsheets and batch processing and made FAB a partner in the region’s broader financial modernisation.

Best Liquidity and/or Risk Management Provider – Global

Winner: ING Bank

ING Bank was recognised as Best Cash, Liquidity and/or Risk Management Provider globally for the way it has combined centralised treasury expertise with local execution to help corporates manage cash and working capital consistently across regions.

Rather than treating liquidity and trade finance as separate products, ING has built integrated hubs that bring structuring, payments, and risk management together. From these centres, the bank supports clients operating across Europe, the Americas, and Asia-Pacific with receivables finance, standby letters of credit, and multi-currency cash pooling that allow funds to move more freely between entities and markets.

The impact is most visible in global supply chains. In sectors such as technology and manufacturing, ING has structured large receivables programmes that release working capital tied up in long payment cycles and give suppliers more predictable access to cash. 

Digital tools, including ING’s InsideBusiness platform, complement this approach by giving treasurers real-time visibility over balances, payments, and FX positions. Together, these capabilities have made ING a steady partner for corporates looking to manage liquidity across borders with greater certainty.

The full list of award winners is now available on the TTP Awards Winners page