HSBC honours five exporters for success
Banking giant HSBC yesterday honoured five exporters for business ingenuity at a function in Dhaka.
The awards in five categories, known as HSBC Export Excellence Awards 2009, were meant for exporters from emerging entrepreneurs to established names continuously striving to position the country's products in international markets.
DBL Group was awarded under 'RMG and Textile: Group A' category with an annual export turnover of over $50 million, while Interfab Shirt Manufacturing Ltd under 'RMG and Textile: Group B' category with an annual export turnover of less than $50 million.
Youngone Group won the award under the Exporters in the Export Processing Zones (EPZ) of Bangladesh category.
Nasir Group was awarded under the 'Exporters in the Traditional and Emerging Sectors' category with an annual export turnover of more than $3 million.
The award under 'Small and Medium Enterprises' category went to Creation (Pvt) Ltd with an annual export turnover of less than $3 million.
Dr Atiur Rahman, governor of Bangladesh Bank, Abdul Karim, principal secretary of Prime Minister's Office, and Dr Towfiq-e-Elahi Chowdhury, adviser to the prime minister, handed over the awards to the winners.
Foreign Secretary Mijarul Quayes also spoke at the function.
Sanjay Prakash, chief executive officer of HSBC in Bangladesh, said: “It is important for us to uphold the unique stories of how our exporters are going from strength to strength to establish “Made in Bangladesh” products across the globe."
It is also a great marketing story for “Brand Bangladesh”, he said.
Md Mahbub-ur Rahman, head of corporate banking of HSBC, said: "We want to celebrate the success of our exporters and be a partner in helping Bangladesh move from a trade-deficit to a trade-surplus country in the near future.”
A total of 150 companies vied for the awards. A jury board headed by Farash Uddin, former governor of Bangladesh Bank, worked in the selection process.
HSBC handles 9 percent of total exports out of Bangladesh.
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