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HSBC introduces new solutions for Malaysian corporates

KUALA LUMPUR (May 4):HSBC Bank Malaysia Bhd has introduced new financial solutions through a proposition comprising Beyond Banking and the Mid-Market Accelerator Programme. Beyond Banking, which will be available to its entire commercial banking customer base, will provide customers with innovative digital solutions, sustainable financing and international business growth partnership, among others. The Mid-Market Accelerator Programme, meanwhile, is aimed at at fast-growing Middle Market Enterprises (MME) customers. HSBC Malaysia head of commercial banking Andrew Sill said the country s corporate sector faced larger challenges due to the Covid-19 pandemic and other global transformations such as digitisation, climate change, and the world pivoting its trade and investment focus to Southeast Asia.

HSBC Malaysia continues to see great opportunities in commercial banking

Andrew Sill KUALA LUMPUR: HSBC Malaysia continues to see huge opportunities in the commercial segment landscape in the country in the coming few years. Country head of commercial banking Malaysia, Andrew Sill said the commercial banking segment is a historically important platform for the bank within the Malaysia operation, with strong customer base. He said HSBC Malaysia had performed strongly in 2020 despite the COVID-19 pandemic and its ability to deliver was well recognised by customers. Sill said HSBC is projecting the Malaysian economy to grow at 5.2 per cent this year. We were projecting quite a decent turnaround and recovery in the Malaysian economy. So I think that s very important and we obviously want to work with our customer base across large corporates, middle market enterprises (MMEs), small and medium enterprises and international subsidiary banking as well.

HSBC Malaysia continues to see great opportunities in commercial banking | Money

HSBC Malaysia continues to see great opportunities in commercial banking | Money
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