05 January 2007
HSBC Bank Middle East has been named 'Best Trade Finance Bank in Middle East' by Global Finance magazine. HSBC was also named the Best Trade Finance Bank in Asia, Hong Kong and the United Kingdom.
This is the third award that HSBC has received in 2006 for its trade finance business in the Middle East.
Earlier in July HBSC had been voted 'Best Trade Bank in Middle East and North Africa' in a customer poll conducted by Trade Finance magazine and in November the bank had won 'Best Trade Finance Bank' award at the First Annual Middle East Logistics Awards function in Dubai.
"We are delighted to have won three prestigious awards this year for our trade business in Middle East," said Kersi Patel, regional manager for trade services at the HSBC Bank Middle East Limited. He added: "These awards - one of which came from a customer poll, one from the logistic companies in the region and last one from industry analysts and experts - are in recognition of our success in providing superior trade solutions to all categories of customers in the Middle East markets, whether they are large international trading names, regional corporates or local traders."
Christopher Lewis, regional head, transaction banking, HSBC Bank Middle East Limited, added: "These awards indicate the level of commitment that HSBC has dedicated to this core business area. With our roots firmly in trade finance, we are one of the region's first banks and supporters of local and international trade, which is the backbone of any economy."
HSBC Bank Middle East has been named 'Best Trade Finance Bank in Middle East' by Global Finance magazine. HSBC was also named the Best Trade Finance Bank in Asia, Hong Kong and the United Kingdom.
This is the third award that HSBC has received in 2006 for its trade finance business in the Middle East.
Earlier in July HBSC had been voted 'Best Trade Bank in Middle East and North Africa' in a customer poll conducted by Trade Finance magazine and in November the bank had won 'Best Trade Finance Bank' award at the First Annual Middle East Logistics Awards function in Dubai.
"We are delighted to have won three prestigious awards this year for our trade business in Middle East," said Kersi Patel, regional manager for trade services at the HSBC Bank Middle East Limited. He added: "These awards - one of which came from a customer poll, one from the logistic companies in the region and last one from industry analysts and experts - are in recognition of our success in providing superior trade solutions to all categories of customers in the Middle East markets, whether they are large international trading names, regional corporates or local traders."
Christopher Lewis, regional head, transaction banking, HSBC Bank Middle East Limited, added: "These awards indicate the level of commitment that HSBC has dedicated to this core business area. With our roots firmly in trade finance, we are one of the region's first banks and supporters of local and international trade, which is the backbone of any economy."
© Bahrain Tribune 2007
