1 March 2021

HSBC earns top trade finance marks in North America in 2021 Euromoney survey

The HSBC Global Trade and Receivables Finance business was voted #1 trade finance bank globally for the fourth consecutive year in Euromoney’s annual Trade Finance survey. In addition to capturing the leading spot in the global poll, HSBC took top honors in North America, as voted by clients.

“I am delighted that HSBC has again been recognized as a global and regional leader in trade, and I want to thank our customers for their continued vote of confidence and support in the survey,” said Patricia Gomes, North American Regional Head of HSBC’s Global Trade and Receivables Finance (GTRF) business. “These results show the trust that our customers have put in us as we have worked together during an especially trying year. We will continue our focus on putting our customers first, offering them partnership and solutions that mitigate risk and optimize their working capital.”

HSBC also was recognized as the market leader in Asia Pacific and 22 country markets, and was rated by clients the overall service leader in Asia Pacific, Middle East, North America and 16 individual countries.

More than 11,000 trade finance professionals globally participated in Euromoney's annual trade finance survey, which provides quantitative and qualitative analysis of the market and the banks that finance global trade.

Media enquiries to:

Rob Sherman | 212-525-6901 | robert.a.sherman@us.hsbc.com

Note to editors:

About HSBC Commercial Banking
For over 150 years we have been where the growth is, connecting customers to opportunities. Today, HSBC Commercial Banking serves over 1.3 million customers across 53 markets, ranging from small enterprises focused primarily on their home markets through to corporates operating across borders. Whether it is working capital, term loans, trade finance or payments and cash management solutions, we provide the tools and expertise that businesses need to thrive. As the cornerstone of the HSBC Group, we give businesses access to a geographic network covering more than 90% of global trade and capital flows. For more information visit: http://www.hsbc.com/about-hsbc/structure-and-network/commercial-banking

HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through retail banking and wealth management, commercial banking, private banking, and global banking and markets segments. It operates bank branches in: California; Washington, D.C.; Florida; Maryland; New Jersey; New York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. In the United States, deposit products are offered by HSBC Bank USA, N.A., Member FDIC. Investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc.