Bangkok Bank wins “Website of the Year-Thailand” and “Thailand Domestic Trade Finance Bank of the Year” at the Asian Banking & Finance Awards 2019
July 25, 2019
Bangkok Bank Executive Vice Presidents Ian Guy Gillard (middle) and Prasanee Ouiyamaphan (left) and Vice President for Shared Operation Vorachai Wattanaparadorn (right) received the “Website of the Year” and “Thailand Domestic Trade Finance Bank of the Year” awards on behalf of the Bank at the Asian Banking & Finance Awards 2019 ceremony at the Shangri-La Hotel in Singapore. The “Website of the Year-Thailand” award reflected the Bank’s development of www.bangkokbank.com into a contemporarily designed, simple to use website under the concept of “Speed, Simplicity and Personalization” with the aim of providing customers with greater convenience and enhanced user experience. The Bank won “Trade Finance Bank of the Year” award for the fifth consecutive year, reflecting its ability to respond to the needs of entrepreneurs in the digital age. In addition, the Bank piloted a Letter of Credit (L/C) transaction between Thailand and Indonesia on R3’s CORDA Platform using Distributed Ledger Technology (DLT), or Enterprise Blockchain. This new digital L/C service helps save time and reduces paperwork by more than half.
Asian Banking & Finance Award 2019 is an international award for organizations with outstanding innovations that have delivered business growth in line with rapid changes in technology and consumer behavior. The award’s panel of judges comprises banking and financial services specialists from world-class consulting organizations.