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DateLine Sunday, 2 March 2008

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HSBC tops poll of world's most valuable banking brands

HSBC, Europe's largest bank by market value, has been named the world's most valuable banking brand according to the Banker magazine's Top 500 Financial Brands listing (1). It was also the only bank featured in the study to achieve the highest possible triple 'A' brand rating.

This follows last year's Inter brand study of the world's most valuable brands across all sectors which saw HSBC jump five places to 23, the second best growth performance of the top 40 companies surveyed.

Head of Group Marketing, HSBC, Chris Clark, said: "In just 10 years the HSBC brand has become a very powerful asset.

Our focus on emerging markets will be underpinned by the strength of the brand. Many customers across all our business lines are increasingly looking for services and solutions with an international dimension. We are very well placed to help them and the brand sets out our credentials as these trends develop."

"A great example of this was the launch of HSBC Premier in September last year. This was a fabulous illustration of the brand in action. Premier customers now have the ability to open accounts in 37 different countries and we can assist them wherever they are in the world using our network of branches and dedicated relationship managers."

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