Hong Kong and Shanghai Bank
The Hong Kong and Shanghai Banking Corporation (HSBC) is one of the world’s largest banking and financial services organizations. Headquartered in London, HSBC has over 7,200 offices in 77 countries worldwide. In addition to offering a full range of banking and financial services from its network of branches, HSBC also services customers through its internet and telephone banking systems.
HSBC’s presence in Hong Kong dates back to 1865 when it was established as The Hong Kong and Shanghai Banking Company Limited. Having started to offer full-service banking through its branches in the two cities, HSBC quickly built up a leading presence in the marketplace. Its consistent service quality and strong financial performance have made it a bank of choice for not just individuals and families, but also businesses and corporations.
In recent years, HSBC has made strategic investments in both conventional and digital banking technology. This has allowed the bank to create a truly global financial services platform. HSBC has earned an industry-leading reputation for its ability to manage credit risk, while providing high-quality customer service. This focus on risk management and customer service enable HSBC to offer a wide range of products and services which includes consumer lending, corporate and retail investments, and outbound remittances.
HSBC has a strong commitment to corporate social responsibility and sustainability. Its “Healthy Banking” program seeks to promote financial literacy and responsible financial decision-making. In addition, HSBC is a signatory to the United Nations Principles for Responsible Banking, an initiative that encourages banks to align their operations with the world’s sustainable development goals.
As the world transitions to a digital-first banking experience, HSBC is playing a major role in developing solutions to provide customers with better banking options. It has been an early adopter of technology such as contactless payments, digital onboarding, and biometrics authentication, making banking with HSBC faster, easier and more secure. With a wide range of financial services and products, HSBC has established itself as a true innovator in the banking and finance industry.
