HSBC Qatar comes out on top at The Asset Triple A Sustainable Investing Awards

Doha: HSBC Qatar was named the Best Sub-Custodian, Best Domestic Custodian and Best Fund Administrator for Retail Funds at ‘The Asset Triple A Sustainable Investing Awards 2021’. HSBC won a total of 18 awards across different markets and territories.  

“These awards recognise the market leading products and services that HSBC offers its clients in Qatar,” said Abdul Hakeem Mostafawi, CEO of HSBC in Qatar. “Our local team of securities services experts has been playing an important role in not only helping investors manage their portfolios but also in bringing sophisticated products and instruments to the local market.” HSBC was the first bank to establish custody services in Qatar in 1998. Since then, the local market has seen dynamic growth and crossed a number of milestones including attaining Emerging Market status from MSCI in 2013 and joining the Sustainable Stock Exchanges Initiative of the United Nations in 2016, the latter of which led to the Qatar Stock Exchanging launching its Sustainability and ESG platforms in 2018.