THE HONGKONG AND SHANGHAI BANKINGCO

THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (HSBC) - PHILIPPINES

Company Introduction:

The Hongkong and Shanghai Banking Corporation Limited (HSBC) is one of the largest and most prominent international banking and financial services organizations in the world. In the Philippines, HSBC operates as a full-service universal bank, offering a comprehensive range of financial products and services to corporate, institutional, and individual clients. Its operations in the Philippines trace back to 1875, making it one of the longest-standing foreign banks in the country. HSBC Philippines provides services such as commercial banking, global banking and markets, wealth and personal banking, and private banking. It plays a significant role in facilitating trade, investment, and economic development within the Philippines and connecting it to global markets.

Nature of Business:

HSBC Philippines is neither a factory nor a trading company. It is a financial institution, specifically a universal bank. It provides banking and financial services, not manufactured goods or traded commodities.

The Hongkong and Shanghai Banking Corporation Limited (HSBC) in the Philippines produces or sells a wide range of financial products and services, primarily categorized as follows:

Personal Banking

Current Accounts

Savings Accounts

Time Deposits or Fixed Deposits

Credit Cards

Personal Loans

Home Loans (Mortgages)

Auto Loans

Debit Cards

Online Banking and Mobile Banking Services

Foreign Exchange Services for individuals

Wealth Management and Investments

Investment Funds (such as Mutual Funds or Unit Trusts)

Bancassurance Products (Life Insurance, Health Insurance, and other Non-Life Insurance)

Financial Planning and Advisory Services

Securities Trading and Brokerage Services

Structured Products

Commercial Banking and Global Banking

Business Current Accounts

Business Savings Accounts

Business Loans (including Term Loans, Revolving Credit Facilities)

Trade Finance Services (such as Letters of Credit, Guarantees, Export and Import Financing)

Cash Management Solutions

Foreign Exchange and Treasury Services for businesses

Supply Chain Finance

Corporate Credit Cards

Mergers and Acquisitions Advisory

Capital Markets Services (Debt Capital Markets, Equity Capital Markets)

Custody and Securities Services