September 24: Standard Chartered Bank has been named as the Best Overall International Bank for the Belt and Road Initiative (BRI) in Asiamoney’s New Silk Road Finance Awards 2018. The bank also won the titles of the Best Foreign Bank For One Belt, One Road during the Stars of China Awards 2018 in recognition of the bank’s leading position in capitalising on the enormous opportunities arising from the Belt and Road initiative.

Meanwhile, Asiamoney also recognised Standard Chartered as the Best International Bank in Southeast Asia for BRI, Best Bank for Infrastructure/Project Finance in Southeast Asia. Best International Bank in South Asia for BRI,  Best Bank for BRI-related financing in South Asia and Best Regional Bank for BRI in Middle East and Africa

“Standard Chartered’s deep roots in Asia, and its presence in the majority of the BRI markets make it a natural winner of the award for Best Overall International Bank for BRI. It has been working with both its Chinese and global corporate clients, as well as its Chinese banking partners (among them the big four) and the policy banks, in funding many of the projects along the old Silk Road,” Asiamoney said.

GlobalRMB said: “In an RMB world that remains largely Asia-centric, we believe Standard Chartered was the bank that, in the period under consideration, worked the hardest to deliver the most up-to-date solutions to those seeking China access in the region and beyond.”