, China

HSBC expands from Bohai Rim to China's inland cities

HSBC Bank China expanded in China's Bohai Rim region by becoming the first foreign bank to open a branch in Jinan.

Other than Jinan, the capital of eastern Shandong Province, it has also obtained approval to establish a branch in Taiyuan, the capital of northwest China's Shanxi Province, thus strengthening its network in China's inland cities.

"Network expansion is pivotal to our China strategy. The Bohai Rim region, which includes Jinan, offers great potential and is one of our key focuses for business development," said Sandy Flockhart, Chief Executive Officer of HSBC Asia-Pacific.

"China's successful stimulus measures have also created exciting opportunities for inland areas such as Taiyuan, where we seek to expand our presence," Flockhart added.

Richard Yorke, President and CEO at HSBC China, said: "With the opening of the Jinan Branch, our Mainland network has reached 20 cities, the widest geographical footprint among foreign banks. As the capital city of Shandong Province, Jinan has strong demand for banking services and HSBC is well positioned to meet the demand in this market."

HSBC Jinan Branch, located in the prime business location in central Jinan, offers comprehensive banking services for both domestic and foreign companies and individuals. These services include Premier, HSBC's global wealth management proposition.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Lorem Ipsum Three
Lorem Ipsum is simply dummy text of the printing and typesetting industry. 

Event News

Lorem Ipsum Three
Lorem Ipsum is simply dummy text of the printing and typesetting industry.