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Dhaka Tribune

Euromoney recognizes HSBC as Bangladesh's market leader

HSBC’s coverage, customer centricity, unparalleled network and experiences puts it in the best position to bring innovative products and solutions

Update : 15 Mar 2023, 05:34 PM

Hongkong and Shanghai Banking Corporation Limited (HSBC) has been voted "Market Leader" in Bangladesh by the Euromoney Trade Finance Survey 2023, one of the most authoritative and comprehensive ranking available in the financial services.

The survey also announced HSBC's global leadership in Trade Finance and top regional positions across Asia Pacific, Latin America, North America and Middle East, it said in a press release.

Commenting on the wins, Md. Mahbub ur Rahman, CEO of HSBC Bangladesh, said: “This Euromoney award is a testament to our customers' confidence in us and our ability to provide them with appropriate solutions. We aspire to continue to be the leading trade bank and meet the expectations of our customers for their evolving needs and connecting them to a world of opportunities.”

Gerard Haughey, country head of wholesale banking, said: “This achievement reflects our team's commitment to delivering exceptional services to our clients. We extend our sincere thanks to our clients for their continued trust and support, and we remain committed to investing in our people and technology to drive innovation and support our clients' growth."

HSBC's dedicated coverage, customer centricity, unparalleled network and experiences puts it in the best position to bring innovative products and solutions for its clients through a mix of traditional and structured solutions.

Bank's digital capabilities in using cutting edge technologies like blockchain, e-presentation platform for invoice finance etc. continuously make the international trade faster, safer and simpler every day.

Euromoney Trade Finance Survey findings are based on a poll conducted among the businesses engaged in international trade, asking them to rank the top providers of trade finance.

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