HSBC Kuwait wins The Asset Triple A Sustainable Investing Awards

  • Date: 04-Oct-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Kuwait
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HSBC Kuwait wins The Asset Triple A Sustainable Investing Awards

Kuwait: HSBC Kuwait was named the Best Sub-Custodian at “The Asset Triple A Sustainable Investing Awards 2022”. HSBC won a total of 35 awards across different markets and territories.

“The Asset Triple A awards acknowledges the leading role that our HSBC Securities Services team in Kuwait have been playing in providing expertise and helping investors manage their portfolios with our sophisticated products and instruments,” said Samer Alabed, CEO of HSBC in Kuwait.

The Asset Triple A Sustainable Investing Awards for Institutional Investors, ETFs, and Asset Servicing Providers, bring together asset owners and managers with their service providers. The awards have been refreshed to reflect the industry's recent transformation, including the opening of the China market and the continued growth in institutional savings.[1]

Emma Almerzah, Director, Head of Securities Services at HSBC Kuwait said: “Delivering the best for our clients is what they expect – and that standard is clearly recognised with this award. Our highly automated, safekeeping, settlement and asset services capabilities ensure that we are committed to delivering the high quality services our customers need.”

HSBC has offered Custody Services to international investors since 2005; the first international bank in Kuwait to do so. Since then, the local market has seen dynamic growth