Financial Times

HSBC wins regional retail business award

HSBC in Hong Kong was recognised for its leading position in retail banking services across the region and awarded the Best Regional Retail Business in Asia for the Asian Banker Excellence in Retail Financial Services Programme 2006.

For the Asian Banker Excellence in Retail Financial Services Awards 2006, HSBC clinched five titles:

*Best Regional Retail Business in Asia
*Excellence in SME Banking Award
*Best Foreign Bank in China
*Best Retail Bank in Brunei
*Best Retail Bank in Sri Lanka.

Commenting on HSBC’s regional status as a market leader, The Asian Banker reported, “Besides operational excellence, HSBC has steered clear of the mishaps that have plagued other banks that operate regionally while its regional performance was stronger than that of their top rivals.”

On the Bank’s SME banking business, the publication stated, “With HSBC’s global scope it caters well to the international trade needs of its clients and SME banking is a volume business – and HSBC certainly knew best how to play it in 2005.”

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