HSBC Annexes "Best Internet Bank and Best Foreign Bank" at International Finance Magazine, Financial Awards- Sri Lanka 2013

LONDON, July 2, 2013 /PRNewswire/ --

Banking giant has been awarded the Best Internet Bank and Best Foreign Bank awards in Sri Lanka for its continued growth in the Island nation. HSBC offers its customers flexible international account opening service, technological innovations which include secured online services to manage investments and keep track of the cash flows, which in turn boosts efficiency and gives flexibility to carry out business from any part of the world. This is backed by strong and efficient corporate sustainability programs to help certain sections of the society.

International Finance Magazine (http://www.internationalfinancemagazine.com) Financial Awards makes a synergetic effort to shine the spotlight on organizations in niche segments and those exhibiting brilliance in the unsung corners of finance industry. The award winners will be honored in the vibrant and mesmerizing city of Dubai in December, later this year. The recipients of the awards have to qualify on stringent parameters which not only includes their size and performance but also their contributions to the society through CSR initiatives, which is a key aspect to gauge an institution's performance.

Christopher Atkinson, Chief Editor, International Finance Magazine said "Sri Lankan economy has grown at a rapid pace since 2009. International Finance Magazine identifies some key performers in the financial domain who have contributed to the growth of the nation. Many congratulations to the winners."

International Finance Magazine has also honored Mr. Russell De Mel, CEO of National Development Bank for his contributions to banking over the past 30 years, the veteran of Sri Lankan banking, who is due to retire in August this year, has immense experience in banking particularly in merchant banking, infrastructure financing, management information and other areas of banking, as an honor to his services he has been awarded for Outstanding Contribution to Banking for 2013.

Commenting upon winning the award, Mr. Russel De Mel said "NDB is indeed honoured to be recognised with the award for Best Commercial Bank in Sri Lanka from the International Finance Magazine, UK. This is the first time the bank has been awarded by the International Finance Magazine and the award justly recognises the great strides we have made as a rapidly growing banking conglomerate in Sri Lanka."

"Personally, being recognised with the award for the "Outstanding contribution to banking by an individual" is certainly an honour and a privilege especially at a very significant juncture of my life where I'm about to take my final bow from my career. Therefore, it is with humble gratitude that I accept this award. You serve an organization, not with the hope of winning accolades or being recognised individually, but to bring your inner most passions to life and serve a multitude of people with your skills and knowledge. However when your efforts are acclaimed with an accolade it bears witness to the fact that you have managed to touch upon the many domains of the business and industry; and of that I'm truly gratified."

Detailed summary of the award winners could be found on the article http://www.internationalfinancemagazine.com/article/index/International-Finance-Magazine-announces-Financial-Awards-Winners-for-Sri-Lanka.html

The full list of the winners is as follows:

Best Commercial Bank

National Development Bank PLC

Outstanding Contribution to Banking

Russell De Mel - CEO National Development Bank PLC

Best Specialized (Savings) Bank

National Savings Bank

Best Investment Bank

NDB Investment Bank Limited

Best Internet Bank 

HSBC Sri Lanka

Best Foreign Bank 

HSBC Sri Lanka

Best Insurance Company

Sri Lanka Insurance Corporation

Best Islamic Financial Services Provider

Amana Takaful PLC

About International Finance Magazine (IFM):

International Finance Magazine (IFM), an online finance magazine, aims to be a comprehensive source of information, analysis and insights for the global finance community. Popular in more than 150 countries worldwide, IFM provides news analysis and commentary on this sphere of vibrant economic activity.  Headquartered in London, International Finance Magazine was established with a mission to convey credible financial news and articles to the global financial community in a concise, simple and easy-to-understand manner. Integrating deep domain knowledge with sharp analysis, with timely, in-depth and insightful coverage of key market developments and analysis of the drivers behind change help readers understand the complicated economic processes taking place in the International financial community.

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SOURCE International Finance Magazine