Bank Asia PLC has been honored with the “Best GTFP Issuing Bank in South Asia” award by the International Finance Corporation (IFC), in recognition of its excellence in facilitating international trade.
This distinguished global recognition places Bank Asia alongside leading international financial institutions such as Standard Chartered Bank and Deutsche Bank, underscoring the significance and competitive stature of the award.
The award was formally presented by Nathalie Louat, global director, Trade and Supply Chain Finance of IFC, to Sohail RK Hussain, managing director of Bank Asia PLC, at a ceremony held in Lisbon, Portugal, on March 26.
The event was attended by senior representatives from IFC and Bank Asia, including Akintunde Ogunmodede, regional lead – trade and supply chain finance (Asia & Pacific), IFC, and Md Zia Arfin, SEVP & head of international division of Bank Asia PLC, along with other senior officials.
Conferred under IFC’s Global Trade Finance Program (GTFP), this award recognizes partner banks that demonstrate strong collaboration with IFC, excellence in supporting cross-border trade—particularly in challenging markets—and a commitment to responsible and sustainable financing practices, including the promotion of environmentally responsible (green) trade initiatives.
This recognition reflects Bank Asia’s industry leadership, operational excellence, and its significant contribution to regional economic growth and global trade connectivity.