HSBC has been recognised as the worlds leading Trade and Supply Chain provider by more than eight industry publications in 2008.
HSBC has received a range of global and regional awards for its business growth, delivery excellence and innovative trade finance and supply chain products and services, including Best Global Supply Chain Finance Provider 2008, Best Pre-Shipment Financing Solution 2008 and Best Trade Finance Bank 2008. Finance Asia has also crowned HSBC Best Trade Finance Bank in Asia for the 12th year running.
In addition, HSBC Trade and Supply Chain has also received commendation from trade practitioners through numerous user polls and surveys around the world.
We are delighted to be recognised for our commitment to innovation in trade and supply chain, says Lawrence Webb, global head of trade and supply chain. In the current environment where risk mitigation is a key concern, it is important that companies engage a trade partner with global capabilities that can seamlessly increase visibility along the supply chain. Structuring trade finance solutions, delivering consultative service, and being a trusted advisor to our clients are core characteristics of our Trade and Supply Chain franchise.
In particular, HSBC was recognised for the strength of its business performance, securing of new mandates and its growing franchise of multinationals and large domestic corporate customers.
Topping off an outstanding year of business growth and significant industry accolades, HSBC has also already begun receiving awards for excellence in 2009. HSBC Trade and Supply Chain has recently been named Best Trade Finance Provide in the UK (8th consecutive year), Best Trade Finance Provider in Hong Kong (8th consecutive year), and for the first time, Best Trade Finance Provider in Saudi Arabia (Saudi British Bank), by Global Finance magazine.
A complete list of HSBC Trade and Supply Chain awards and accolades, including the ones listed above as well as other regional and country specific awards may be found at www.tradeandsupplychain.hsbc.com.
D.C.