Global Finance magazine has named HSBC Bank Malta as Best Trade Finance Bank in Malta for 2010.  HSBC has also been voted World’s Best Trade Financial Provider 2010 for its UK and Hong Kong operations.

 

Global Finance magazine has named the Best Trade Finance Providers by category in an exclusive survey which will be published in the February 2010 issue.  Global Finance editors – with input from industry analysts, corporate executives and technology experts – selected the best trade finance providers in 71 countries.  Criteria for choosing the winners included transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.

 

Each year Global Finance selects the best financial institutions around the world.  These awards have become a recognised and trusted standard of excellence.

 

“Global trade finance volume contracted sharply in 2009, to the extent that lack of financing was part of the reason for a decline in world trade,” said Joseph D. Giarraputo, publisher and president of Global Finance.  “We have selected the banks that stood by their customers during the credit crunch and found innovative ways to lower risk and speed cash flow from international transactions.”

 

HSBC Bank Malta CEO Alan Richards said: “We have worked hard to support our customers and the local economy during the challenging economic crises of the last 18 months, and we are delighted to see this publicly recognised through the award of Best Trade Finance Bank in Malta.”

 

Multigas Limited has consolidated its manufacturing plant and operations data by introducing a fully integrated IT solution to streamline its business processes.  Microsoft Dynamics GP together with the latest Cylinder Control System specifically developed by Megabyte Limited for Multigas offered the desired holistic solution that Multigas required.

Il-GRTU illum ghalqet b’success il-Wiehed u Sittin Laqgha Generali Annwali taghha li kkonkludit is-sena ta’ hidma 2009 u taghat ftuh ghal sena ta` hidma 2010. Il-laqgha general inzammet fil-kwartieri tal-GRTU fi Triq ir-Repubblika il-Belt.

For the third consecutive year, the HSBC Call Centre in Swatar has run its ‘Adopt an Angel’ initiative to give children in homes a treat.  The initiative involves all employees at the HSBC Call Centre who have donated money, time and gifts for children in institutional homes in Malta.  Some 252 children benefitted from this initiative this Christmas.

HSBC Malta has sponsored the business communities in Republic Street and Merchant Street, Valletta to enhance the Christmas atmosphere for shoppers and visitors at the capital city.

Employees from HSBC Life Insurance and the Bank’s Personal Financial Services Department and their children lent a helping hand at the St Catherine’s Home for the Elderly in Attard to add a Christmas touch and bring a smile to the 92 residents and six Dominican sisters who look after them.