Fifth Third has been recognized as the Best Treasury and Cash Management Bank (US, Regional) by Global Finance magazine, showcasing their commitment to innovation, customer service, and competitive pricing. This prestigious accolade was part of the magazine’s 24th annual Best Treasury and Cash Management Banks awards for 2024, highlighting Fifth Third’s vision and efforts in meeting client needs. The selection process involved a thorough assessment by industry analysts, corporate executives, and technology experts, considering criteria such as profitability, market share, customer service, competitive pricing, and product innovation.
Bridgit Chayt, the head of commercial payments and treasury management at Fifth Third, expressed the company’s dedication to transforming and adapting in the dynamic treasury and cash management industry. Global Finance utilized a multi-tier evaluation process that included entries from banks and providers, along with input from various experts, to select the best providers of treasury and cash management services. The recognition not only validates Fifth Third’s dedication to meeting evolving client needs but also highlights their success in differentiating themselves from competitors in core service provision. The awards by Global Finance encompassed various categories globally, regionally, and in over 70 countries, showcasing excellence in the banking sector.
Overall, Fifth Third’s recognition as the Best Treasury and Cash Management Bank reflects their commitment to innovation, customer service, and meeting client expectations. The award signifies their consistent efforts to adapt to changing industry dynamics and enhance their offerings to serve clients effectively. With a focus on profitability, market share, customer service, and product innovation, Fifth Third has solidified its position as a leading player in the treasury and cash management space, earning the trust and confidence of clients and industry experts alike.