FinanceAsia Country Achievement Awards - Hong Kong

FinanceAsia has announced the coveted Country Awards for this year. The winners are the best commercial and investment banks in each country in Asia. Here we present the winners from Hong Kong.

Best Domestic Commercial Bank HSBC

It goes without saying that when Richard Li needed money to arrange his mammoth purchase of Hong Kong Telecom, HSBC was one of the first doors he knocked on. The Bank, as it is known in Hong Kong, is at the centre of almost all economic activity in the city, whether it is mortgages, dispensing cash 75% of adults maintain accounts with HSBC, financing trade or arranging loans for the Airport Authority or the Hong Kong International Terminal.

In case anyone questioned its pre-eminence, witness its victory this year in the battle to become the settlement institution for US dollar clearing...

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