HSBC collects five Euromoney Middle East Awards

HSBC collects five Euromoney Middle East Awards

HSBC has collected five awards at the 2021 Euromoney Middle East Awards for Excellence, including the Middle East's Best Bank for Sustainable Finance and the Middle East's Best Bank for Transaction Services. HSBC was also named the Best Investment Bank in three countries across the region - Egypt, Oman and Kuwait. HSBC has won Euromoney's Sustainable Finance and Transaction Services awards in the Middle East for each of the last three years, reflecting the strategic importance of sustainability, trade finance and cash management to the bank and its customers. Stephen Moss, HSBC Regional CEO for the Middle East, North Africa and Turkey (MENAT), said: "Global leadership in cross-border banking flows aligned to major trade and capital corridors and helping lead the transition to a global net zero economy are key pillars of the HSBC Group's strategy. Being recognised as the Middle East's best bank in both of these critical areas is a true reflection of our commitment to being the preferred international banking partner for clients." According to HSBC's Navigator 2020 report, 86 per cent of companies surveyed in the Middle East expect to expand international trade in the coming 12-18 months, compared to 72 per cent globally. The report