Global Finance Names Fifth Third Best Treasury and Cash Management Bank
Fifth Third has been named the Best Treasury and Cash Management Bank (US, Regional) by Global Finance magazine. The accolade is part of the magazine's 24th annual Best Treasury and Cash Management Banks awards for 2024.
The selection process involved multiple tiers, including input from industry analysts, corporate executives, and technology experts. Criteria considered include profitability, market share, customer service, competitive pricing, and product innovation.
Bridgit Chayt, head of commercial payments and treasury management at Fifth Third, emphasized that the recognition validates the company's vision and innovation in meeting client needs.
Global Finance also recognized other top banks globally, regionally, and in over 70 countries. Winners were chosen across multiple categories and regions.
- Fifth Third named Best Treasury and Cash Management Bank (US, Regional) by Global Finance.
- Recognition for innovation, customer service, and competitive pricing.
- Acknowledgement validates Fifth Third's vision and efforts in the industry.
- The award is based on subjective criteria, which may not fully reflect objective performance.
“Transformation in treasury and cash management is virtually non-stop. The business is ever evolving and changing. By listening to our clients, we’ve innovated to meet those needs and this award validates our vision of where the industry is going,” said Bridgit Chayt, head of commercial payments and treasury management.
Global Finance used a multi-tiered assessment process—which included entries from banks and providers and input from industry analysts, corporate executives, technology experts and independent research—to select the best providers of treasury and cash management services.
A variety of subjective and objective criteria were considered, including profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision.
“We’re proud of this recognition,” added Chayt. “It is an honor to be acknowledged and a privilege to be chosen by our clients to meet their business needs.”
Global Finance selected the World’s Best Bank for Transaction Banking and the World’s Best Bank for Cash Management, along with eight other global awards. Winners were chosen in more than 70 countries, territories and districts, as well as regionally across multiple categories in eight countries and in six US Regions.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few
Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240708609040/en/
Adrienne Gutbier (Media Relations)
adrienne.gutbier@53.com | 513-534-8038
Matt Curoe (Investor Relations)
matt.curoe@53.com | 513-534-2345
Source: Fifth Third
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