HSBC Bank

 

 

HSBC Bank is a UK-based international banking firm, with its headquarters in London. With more than 85,000 offices across the globe, it completely justifies its tagline, “the world’s local bank.” It offers commercial, private and retail banking services to a large customer base. The bank is known for its world-class services and custom-tailored products for each region.[br]

HSBC Bank: Company Profile

HSBC bank or Hong Kong & Shanghai Banking Corporation Bank is the banking subsidiary of HSBC Holdings plc. Considered to be one of the largest banking institutions in the world, the company offers banking, insurance, investment and other financial solutions. The bank is registered at the London, New York, Paris and Hong Kong stock exchanges.

 

HSBC Bank has several innovative products for special financial needs. For example, HSBC developed the Amanah services to offer home mortgages to UK customers in compliance with the Sharia (Islamic) law.

HSBC Bank: Products and Services

HSBC classifies its products and services into following categories:

 

• Personal banking: Under its personal banking services, HSBC offers loans, credit cards, savings and investment solutions to retail customers.

• Corporate banking: These services are available to corporate or business clients. HSBC corporate banking services are tailored to meet specific financial needs of different businesses. Experts consultancy and asset management are parts of corporate banking.

• Global banking: These services are meant for businesses with an international presence. It includes advisory, lending, export finance, equity capital markets and project finance. Global banking services enable cash management across the globe.[br]

• Private banking: HSBC offers customized banking services for high-end retail customers. With expert counseling, the bank offers comprehensive wealth management solutions to private banking customers.

• Premiere services: HSBC premiere clients receive priority banking services for their entire family. The bank allots a dedicated relationship manager for each premiere customer who assists in making financial decisions. Also, the bank offers preferential rates on all products and services.

 

HSBC Bank bagged the coveted prize of the ‘Top World Bank’ in July 2008 from The Banker, a global banking and finance magazine. Also, it is recognized as the best consumer internet bank for its customer-friendly online banking services.