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Article

13 Jun 2006

Author:
Peter Thal Larsen, Financial Times

HSBC wins top accolade for sustainable banking

HSBC...was...named as overall winner in the first FT Sustainable Banking awards, in recognition of its leadership in merging social, environmental and business objectives...Banco ABN Amro Real of Brazil was named Emerging Markets Bank of the Year...The sustainability management team at WestLB, the German bank, won the Sustainable Bankers of the Year award...Citigroup, its Mexican arm Banamex and Financiera Compartamos, a Mexican microfinance provider, won Sustainable Deal of the Year for the first peso-denominated investment grade bond issue to finance loans for poor entrepreneurs, mainly rural women. Credit Suisse won Sustainable Energy Deal of the Year for the successful flotation last year of Suntech Power Holdings...Special commendations were awarded to ABN Amro...