HSBC Tops Asiamoney’s New Silk Road Finance Awards
HSBC has been named Best Overall International Bank for Belt and Road Initiative (BRI) in the inaugural Asiamoney New Silk Road Finance Awards, reflecting the Bank’s commitment to being the leading financial partner to clients engaged in Belt and Road projects.
Asiamoney also recognised HSBC as the:
Best Bank for BRI-Related Infrastructure Finance in Southeast Asia
Best Bank for BRI-Related Infrastructure Finance in South Asia
Best Bank for BRI-Related Finance in Central & Eastern Europe
Best International Bank in the Middle East & Africa for BRI
The Kuala Lumpur Double-Tracking Rail Project, part of the Singapore-Kunming Rail Link, was also awarded Best Overall Project/Initiative for BRI. HSBC was mandated as the sole banker for this iconic BRI project.
Peter Wong, Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited, commented: “We are proud to win this recognition from Asiamoney. HSBC’s universal banking model and global network means that we are uniquely positioned to meet all of our clients’ financial needs as they engage in Belt and Road-related business. We believe the Belt and Road will create a wealth of opportunities for our clients and we look forward to providing them with outstanding services across financing, advisory, risk management and transaction banking.”
HSBC was also recognised at the ceremony for its leadership in offshore Renminbi (RMB) services, having been voted Best Overall Provider of Offshore RMB Products and Services in Asiamoney’s Offshore Poll 2017 for the sixth consecutive year. The Bank also claimed a series of Asiamoney’s awards for banking in different Asian markets, including Best International Bank in China.
Asiamoney is part of GlobalCapital, a leading news, opinion and data service for people and institutions using and working in the international capital markets. Asiamoney was established in 1989.
Full list of awards received by HSBC:
Asiamoney New Silk Road Finance Awards 2017
Best Overall International Bank for BRI
Best Bank for BRI-related infrastructure finance in Southeast Asia
Best Bank for BRI-related infrastructure finance in South Asia
Best International Bank in the Middle East & Africa
Best Bank for BRI-related finance in Central & Eastern Europe
Best Overall Project/Initiative for BRI: The $2bn Kuala Lumpar Double-Tracking Rail Project, part of the Singapore-Kunming Rail Link
Asiamoney Offshore RMB Poll
Best overall offshore RMB products / services
Best for offshore RMB clearance, transaction banking and settlement
Best for offshore RMB liquidity management
Best for offshore RMB bond origination
Best for offshore RMB derivatives
Best for offshore RMB research
Best for offshore RMB foreign exchange
Best for offshore RMB fund investment
Best for advice / information on offshore RMB regulations
Best for offshore RMB wealth management
Best for offshore RMB fund services
Find out more about HSBC China’s Belt and Road Initiative
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