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.