Standard Chartered Bank Ghana has been named best in cash management after receiving the Excellence in Cash Management Award at the Innovation & Excellence Awards held during the 25th edition of the Connected Banking Summit West Africa in Accra.

The recognition highlights the bank’s transaction banking capabilities and its role in providing cash management solutions to corporate and institutional clients operating in Ghana and across international markets.

Cash management services provided by the bank focus on helping businesses manage liquidity, streamline payments and collections, and maintain visibility over cash positions across accounts. These services are delivered through digital platforms and automated systems designed to support treasury operations and optimise cash flow.

The bank’s transaction banking offering includes liquidity management, account services, foreign exchange solutions and escrow services that enable businesses to monitor and control cash movements while managing operational risks. The solutions are designed to provide clients with greater oversight of financial positions while supporting day-to-day working capital management.

Digital platforms and embedded automation form a central component of the bank’s cash management infrastructure, allowing companies to manage treasury functions across multiple markets and financial systems. The services also support cross-border transactions for businesses operating within global supply chains.

The bank also provides products designed to align treasury management with sustainability objectives. One such offering is its Sustainable Account, which allows corporate clients to manage operational liquidity while contributing to sustainable development initiatives.

The award forms part of the Innovation & Excellence Awards programme organised alongside the Connected Banking Summit, which brings together banks, fintech firms, insurers and digital finance providers to assess developments shaping the region’s financial services sector.

This year’s summit focused on the evolution of financial systems in West Africa as institutions deepen digital adoption and expand infrastructure to support growing demand for technology-enabled financial services.

Organisers said the region is moving beyond early-stage digitisation toward building integrated digital banking ecosystems. The shift is supported by wider mobile and internet penetration, stronger regulatory frameworks and increased investment in payment platforms.

The summit highlighted resilience, scalability and customer-centricity as strategic priorities shaping the next phase of financial-sector development in West Africa.

Resilience refers to the ability of financial institutions to maintain operational stability amid economic volatility and evolving regulatory requirements. Scalability focuses on technology systems capable of supporting increasing transaction volumes as digital adoption expands. Customer-centricity emphasises the development of financial services tailored to changing user needs.

The Connected Banking Summit series has become a regional platform for engagement among regulators, financial institutions, fintech developers and technology providers.

Discussions at the event covered themes including digital payments, financial infrastructure, regulatory technology and the expansion of digital banking services.

Recognition at the Innovation & Excellence Awards reflects industry efforts to strengthen financial infrastructure and expand digital financial services across West Africa’s banking sector.