HSBC Amanah Malaysia Berhad (HSBC Amanah) continued its winning streak in industry leading awards by bagging the highly coveted Islamic ESG Bank of the Year award for the second consecutive year as part of The Asset Triple A Islamic Finance Awards 2021. The bank also received the Best Islamic Trade Finance Bank, for the fourth consecutive year.
Additionally, HSBC Amanah received four other awards from The Asset Triple A Islamic Finance Awards 2021 – two awards for best deals: Best ASEAN Sustainability SRI Sukuk – Quasi-Sovereign (for Cagamas) and Best ASEAN Green SRI Sukuk – Renewable Energy (for Leader Energy) and two other awards for Best Green Financing (for Yinson Holdings) and Best Local Currency Sukuk (for Malaysia Airports Holdings).
The Asset selects the best Islamic banks and houses that defined the industry during 2021 and adopts a rigorous approach in selecting the best Islamic institutions and transactions in the various countries.
Raja Amir Shah Raja Azwa, Chief Executive Officer, HSBC Amanah said, “Receiving the ‘Islamic ESG Bank of the Year’ award for the second consecutive year is a solid endorsement of our sustainable financing capabilities. It is also a reflection of our sustained commitment to deliver on HSBC Group’s climate ambitions and to support Malaysia’s climate ambition.”
“At HSBC Amanah, we see our role as being a key enabler in helping finance the economy’s transition to net zero. Most importantly, we have the passion to help customers strengthen their sustainability capabilities and embed sustainability in their strategy. As we transform to become a sustainable bank by the end of 2022, we are also taking this opportunity to rebuild for better, more inclusive growth and sustainable prosperity,” added Raja Amir.
HSBC Group aspires to be a leader in sustainable financing, managing and shaping the shift to a low-carbon world. We are growing our transaction finance portfolio to help our customers to reduce emissions and our ambition is to provide between $750 billion and $1 trillion in financing and investment to support this.
Source and picture by HSBC Malaysia