HSBC has been named the ‘Best Investment Bank in the Middle East’ at the ‘2020 Euromoney Middle East Awards for Excellence’.
HSBC collected a total of six Middle East awards, once again featuring prominently in Euromoney’s list of honours, which are considered the most prestigious in the financial services industry.
In addition to the marquee award of Best Investment Bank, HSBC was also named the Middle East’s Best Bank for Transaction Services and the Middle East’s Best Bank for Sustainable Finance — the second year in a row that HSBC has received both of these awards.
The bank also collected an Excellence in Leadership award in recognition for the support it has provided to customers, employees and communities in the region throughout the Covid-19 pandemic.
Martin Tricaud, chief executive officer for HSBC in the Middle East, North Africa and Turkey (MENAT), said: “The Middle East is a region prioritised for growth and investment by HSBC Group. Being recognised as having the best investment banking, transaction services and sustainable financing platforms in the market is excellent news for our customers, as these are all areas in which clients repeatedly tell us they have specific focus for the future — and where consequently we have put a clear emphasis on innovating and investing to deliver the very best service possible.”
Over the last year, HSBC has been at the forefront of landmark financing activity throughout the Middle East. It has helped attract international investors into the region’s capital markets and introduced issuers from the Middle East to new pools of liquidity in Asia and around the world.
HSBC has nurtured the development of the region’s sustainable finance market by not only helping execute large and complex deals but also by driving the innovation of new products such as sustainability-linked loans.
Tricaud added: “The work to prepare for life after Covid-19 has already started and we are proud to be helping our customers, people and communities get in the best possible position for the eventual recovery.”