HSBC Bahrain secured double wins at The Asset Triple A Sustainable Investing Awards 2024, retaining its titles for ‘Best Sub-Custodian’ and ‘Best Fund Administrator for Retail Funds’.
“This recognition underscores the dedication and expertise of our team,” said Joseph Ghorayeb, chief executive of HSBC in Bahrain. “Their focus on top-tier services and innovative products has been crucial in helping clients navigate a rapidly evolving market.”
The Asset’s awards recognise excellence in integrating sustainable practices into investment strategies. They highlight innovation and leadership in ESG (environmental, social, and governance) standards, reflecting the industry’s commitment to responsible investing and long-term value creation.
“The Asset Triple A Awards are the pinnacle of recognition for industry leaders,” said HSBC Bahrain country head of securities services Malti Javeri. “These awards acknowledge the expertise of our HSBC Securities Services team and the trust placed in us by our clients. We are unwavering in our commitment to maintaining the highest standards.”
HSBC has a long history of pioneering custody services in Bahrain. The bank collaborates with market participants to promote best practices in sustainable finance. Notably, HSBC partnered with Bahrain Bourse to release a thought leadership publication titled ‘Evolving ESG Landscape and Capital Markets,’ further solidifying their dedication to the UN’s Sustainable Stock Exchanges Initiative.
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