HSBC wins Best international Bank in the Middle East award

MANAMA: HSBC has scooped multiple honours in Asiamoney’s annual awards for banks with the best capabilities to connect customers in Asia and the Middle East, including the marquee title of Best International Bank in the Middle East.

HSBC was named the Best International Bank in the Middle East and the Best Transaction Bank in the Middle East at the Asiamoney Middle East Best Bank Awards 2020.

Concurrently, HSBC was named the Best International Bank in the Region for BRI (Middle East & Africa) and the Best Bank for BRI-related Financing in the Region (Middle East & Africa) at the Asiamoney New Silk Road Finance Awards 2020.

Martin Tricaud, chief executive for HSBC in the Middle East, North Africa and Turkey (MENAT), said, “To be named the Best International Bank and the Best Transaction Bank in the Middle East is fantastic news for our customers and staff. HSBC has a long and proud history in the Middle East and it is a region prioritised for growth by HSBC Group.”

“And being recognised as the Best International Bank in the Middle East for the Belt and Road and the Best Bank for BRI-related Financing in the Middle East reflects HSBC’s unrivalled ability to connect customers to opportunities along the international route of China’s Belt and Road Initiative.”

Asiamoney cited China expertise as an area of outstanding competitive strength for HSBC in the Middle East: “The connectivity it provides for Chinese corporate and financial institutions investing in the Middle East along the Belt and Road is second to none. Everywhere you look, it is a leader, both in action and in theory.”

Source: http://www.gdnonline.com/Details/873272/HSBC-wins-Best-international-Bank-in-the-Middle-East-award