CINCINNATI—Fifth Third was named a Best Treasury and Cash Management Bank (US, Regional) by Global Finance magazine. The honors were announced by Global Finance as part of its 24th annual Best Treasury and Cash Management Banks awards for 2024.
"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 U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.
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.