YES Bank Recognized with 'Pioneer in Banking and Financial Serives' Award at ASSOCHAM Africa - India Champion in Biz Awards 2015

YES BANK was adjudged the ‘Pioneer in Banking and Financial Services’ at the ASSOCHAM Africa - India Champion in Biz Awards 2015. The prestigious award was conferred to YES BANK for demonstrating impressive and sustained progress in offering customized and innovative Banking & Financial services complemented by prudent Risk Management and regulatory compliance. The award was presented to YES BANK by Shri Suresh Prabhu, Hon'ble Union Minister for Railways.

Mr. Rana Kapoor, MD & CEO, YES BANK said, “The dynamic relationship between India and Africa is built on a demonstrated track record and shared future, commonality of natural resources, similar demographics and large domestic markets. As both regions aim to increase trade relations to USD 160 billion by 2020, it will be critical for the Governments, Industry and other key stakeholders to focus on greater market access, availability of trade finance and simplification of bilateral business processes and tax regimes. I am confident that the forthcoming landmark 3rd India – Africa Forum Summit will be instrumental in elevating India – Africa relations to a ‘Strategic Partnership’.

It is truly an honour to be recognized as the ‘Pioneer in Banking and Financial Services’. This recognition reinforces YES BANK’s commitment towards adopting a differentiated approach through Dedicated Knowledge Banking teams, Indian Market Expertise, World Class Banking solutions and Service Excellence, to realize our vision of ‘Building the Finest Quality Bank of the World in India by 2020’.”

Speaking at the event Shri Suresh Prabhu, Hon'ble Union Minister for Railways said, “There is tremendous potential for India and Africa to work together in areas of infrastructure, boosting SMEs, Agriculture, healthcare and education. The Government of India is committed to ensuring that Africa and India are going to be the drivers of global growth for years to come.”

India and Africa have been working together on key pillars of trade, technology and training, with India contributing towards transforming Africa’s socio-economic landscape through innovative capacity building programs, setting up training institutes and deployment of ICT to help build Africa as a knowledge economy. These initiatives will help in creating a new generation of skilled and technology-driven workers across key sectors including agriculture, food processing, IT, vocational training and entrepreneurship.

YES BANK has been recognized with ‘Cash Management Bank of the Year’ and ‘Trade Finance Bank of the Year’ at The Asian Banking and Finance Awards 2015, Singapore. Further, YES BANK received award in the ‘Payments’ category from The Banker, London in September 2014 followed by multiple awards in Trade Finance and Cash Management at The Asian Banker Awards, 2015 in Hong Kong.

About YES BANK LIMITED

YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.

YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.

YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “Building the Finest Bank of the World in India” by 2020.