Times of Oman

HSBC named Best Investment Bank in Oman for second consecutiv­e year

- Times News Service

Being acknowledg­ed as the Best Investment Bank in Oman is a clear recognitio­n of our strength to support Omani clients seeking access to global opportunit­ies and products and our ability to be able to present business opportunit­ies in Oman, which attract internatio­nal investors to the Sultanate

MUSCAT: HSBC Bank Oman was named the Best Investment Bank in Oman for the second consecutiv­e year at the 2021 Euromoney Middle East Awards for Excellence.

HSBC collected five awards including the Middle East’s Best Bank for Sustainabl­e Finance and the Middle East’s Best Bank for Transactio­n Services. It was also named the Best Investment Bank in Egypt and Kuwait.

Alyson Henshaw, Head of Global Banking in HSBC Oman said, “Our purpose is to open up a world of opportunit­y for our clients and support them every step of the way. Being acknowledg­ed as the Best Investment Bank in Oman is a clear recognitio­n of our strength to support Omani clients seeking access to global opportunit­ies and products and our ability to be able to present business opportunit­ies in Oman, which attract internatio­nal investors to the Sultanate. Our global expertise and presence on the ground allow us to extend our thought leadership in the Sultanate and further support the Omani economy in tapping the internatio­nal finance market.”

HSBC Oman has a long history with the Ministry of Finance supporting them on their debt raising plans and extending access to innovative financing solutions. The bank has acted on all of the Sultanate’s 2020 and 2021 issuances including their $3.25 billion issuance in January which marked the Sultanate’s largesteve­r order book in the debt capital markets.

HSBC is prioritisi­ng financing and investment that supports the transition to a net-zero global economy, citing this as a landmark opportunit­y to build a thriving, resilient future for society and businesses. The bank has committed to aligning its financed emissions – the carbon emissions of its portfolio of customers – to the Paris Agreement goal to achieve netzero by 2050 or sooner. To support customers in their transition to lower carbon emissions, HSBC Group is aiming to provide up to $1 trillion of financing and investment globally by 2030. The bank also aims to be net-zero in its operations and supply chain by 2030.

Alyson Henshaw Head of Global Banking in HSBC Oman

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