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

Start of a New Era

                 

HSBC’s commitment to BRI recognized in Asiamoney’s New Silk Road Finance Awards 2020

HSBC has been supporting clients in capturing business opportunities along the BRI.

Find out more about HSBC The Belt and Road Initiative

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