HSBC has been named the world’s leading bank for trade finance for the fourth consecutive year in Euromoney’s 2021 Trade Finance Survey.
The financial services magazine asked more than 11,000 businesses involved in global commerce to rank and assess their top providers of trade. Apart from coming out on top globally, HSBC was also voted market leader in Asia Pacific and North America, as well as overall service leader in Asia Pacific, Middle East and North America.
HSBC took first place in 23 individual markets, including The Philippines, Hong Kong and the UK, and was voted best overall service provider in 17 markets.
Supporting international trade has been at the heart of HSBC’s business model since the bank was founded in 1865. At present, it facilitates billions worth of trade worldwide each year.
Euromoney’s Trade Finance Survey is an annual survey among businesses involved in global commerce to rank and assess their top providers of trade financing.