HSBC Sri Lanka recognised with 4 international awards

HSBC Sri Lanka has been recognised with four international banking awards – a timely and fitting tribute to celebrate its 130th anniversary in Sri Lanka, this year.  

HSBC was awarded Best International Bank in Sri Lanka by Asiamoney, International Retail Bank of the Year by Asian Banking and Finance and International Initiative of the Year in Sri Lanka by Asian Banking and Finance and Best Consumer Digital Bank in Sri Lanka by Global Finance.

HSBC Sri Lanka and Maldives CEO Mark Surgenor said: “These awards are a fitting testament to HSBC Sri Lanka’s longstanding commitment to the country and our customers. I’m proud of the awards won by our Wholesale Banking and Wealth and Personal banking businesses, which underpins our purpose of opening up a world of opportunity for our customers, colleagues and our communities and further strengthens our position as the leading international bank that has a responsibility to support businesses in their transition to a more sustainable future. I take this opportunity to thank all our customers for the trust placed in us, and to our staff for their continued commitment to supporting our customers and the wider community that we serve.”

HSBC was awarded the Best International Bank in Sri Lanka by Asiamoney for the sixth year for the banks’ ability to thrive in one of South Asia’s most volatile economies for 130 years. The award further recognised the banks efforts as a thought leader on environmental, social and governance principles, which stems from its commitment to helping customers as they move to net-zero carbon emissions by 2050. Asiamoney further reported HSBC has positioned itself as a conduit for global investors and businesses who want to tap Sri Lanka’s potential – and for Sri Lankan firms keen to expand in Asian markets such as Hong Kong, Singapore and beyond.

HSBC won the International Initiative of the Year in Sri Lanka in the Wholesale Banking Awards 2022 for the first time this year, recognising the bank’s dynamism, uniqueness, effectiveness and impact in green financing, having arranged the first corporate ‘Green Loan’ for $ 6.3 million to Eco Spindles, last year. The financing was used for the expansion and purchase of specialised yarn manufacturing machines which can process PET flakes to manufacture monofilaments for cleaning tools and yarn for fabric manufacturers worldwide. 

HSBC has been Eco Spindles financial partner since 2015, and continues to support the company as a pioneer in sustainability and an innovator in recycling-based products.

According to Asian Banking and Finance, this year received the most number of entries since its launch year in 2011. HSBC also won the International Retail Bank of the Year in the Asian Banking and Finance Retail Banking Awards 2022 for the sixth time, this year, which further recognises its dominance in Wealth and Personal Banking in Sri Lanka and the Best Consumer Digital Bank in Sri Lanka by Global Finance for its aggressive drive to adopt a mobile first digital journey that provides customers with a faster, easier and secure digital banking service.