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HSBC Bank International opens in Hong Kong

13 June 2002

HSBC Bank International Limited, the HSBC Group’s specialist provider of wealth management and offshore banking services for expatriate and internationally-based customers, has opened its first branch in Hong Kong.

After the opening of a branch in Dubai, the Hong Kong branch is the second regionally-based office to be opened by the offshore bank in the last 12 months, with several more planned around the world over the coming year.

Guy Hamilton, Chief Executive Officer of HSBC Bank International, said: “Our primary objective is to help expatriate customers working in Hong Kong make the most of their unique financial position. Working closely with our existing HSBC colleagues in the area, our offshore team in Hong Kong provides our customers with an invaluable local presence and an ability to more effectively manage offshore savings and investments, with the assurance of banking with one of the world’s leading providers of financial services.”

Complemented by a 24-hour offshore call centre and Internet banking services via www.offshore.hsbc.com, HSBC Bank International’s Hong Kong branch offers an extensive range of specially tailored services for expatriate customers who require offshore savings and investments in a tax efficient environment. These include multi-currency banking facilities, investments, UK mortgages, financial and pension planning. It also includes independent financial advice covering a wide range of investments and insurance services selected from the HSBC Group and other carefully chosen financial institutions.

Richard Brown, Chief Executive of the Hong Kong Branch, commented: “This exciting initiative complements perfectly the local HSBC banking proposition, providing expatriates in Hong Kong with local access to offshore expertise, as well as adding a new dimension to the already extensive range of services available in Hong Kong.”

The new office is located within the International Banking Centre on level 5 of the HSBC Main Building at 1 Queen’s Road, Central. Opening hours are Monday to Friday 9.00 am to 4.30 pm and Saturdays 9.00 am to 12.30 pm.

Hong Kong branch contact details

HSBC Bank International Limited
Level 5, HSBC Main Building
1 Queen’s Road Central
Hong Kong

Tel: (852) 2822 3368
Fax: (852) 2899 8859