HSBC celebrates 120 years
HSBC Sri Lanka celebrated its 120th year of operations in the country
on July 1, 2012. Initially set up in Colombo in 1892 as a bank to
facilitate trade finance with China, the entity has evolved over the
years to become a full service bank that encompasses commercial and
personal banking solutions for a diverse profile of clients. Globally,
HSBC serves over 89 million customers in 80 countries and territories.
A spokesman for the Bank said, "Since it was set up in Sri Lanka in
1892, HSBC has surmounted many economic upheavals locally and globally
and sustained its commitment to partnering the growth of the country.
HSBC has become one of the most profitable international banks in the
country today, helping Sri Lankans fulfill their hopes whilst promoting
entrepreneurship and stimulating economic activity.
Over the decades, HSBC has pioneered world-class banking in Sri Lanka
as the first bank to computerise operations and the first to set up ATM
machines, among many other firsts. The bank offers an attractive mix of
business, retail banking, trade and payment services and investment
banking, all of which make a substantial contribution to bottom line
growth.
The Bank has launched its key propositions - HSBC Premier and HSBC
Advance providing customers with a comprehensive solution and a superior
banking experience covering its international network. HSBC credit cards
continue to lead the market with over 45 percent share of all credit
card spend in Sri Lanka".
The recently launched HSBC Visa Signature Credit Card, targeting the
high-end travel segment has had an overwhelming response, with HSBC now
commanding over 85 percent of the Signature market share. HSBC Lifestyle
loans continue to be popular among the mercantile sector executives and
with mobile sales teams offering door- to-door service.
The Bank recently upgraded its exclusive HSBC Premier Banking Centres
at Flower Road and Maitland Crescent to the latest international
standards so as to give its valued customers the same banking experience
as in London or Singapore.
Most branches too now have HSBC Premier dedicated areas and
relationship managers on site to support customers.
This committed and personalised service culture has resulted in a
loyal and discerning customer base.
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