HSBC Bank Ltd - Section 2: The Hongkong and Shanghai...

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Section 2: The Hongkong and Shanghai Banking Corporation Limited 2.1 HSBC Bangladesh A Brief Look: Tagline: World’s Local Bank HSBC, Bangladesh Address: Management Office: Level 4, Shanta Western Tower 186 Bir Uttam Mir Shawkat Ali Road Tejgaon Industrial Area, Dhaka 1208 Group Chairman: Douglas Flint Group CEO: Stuart Gulliver Bangladesh CEO: Andrew Tilke The Hongkong and Shanghai Banking Corporation (HSBC) Ltd is a member of the HSBC Group - one of the world’s largest financial services organisations. Headquartered in London, HSBC is present in 87 countries and territories with around 7500 offices. In Bangladesh, HSBC started its operations in 1996 and today, it serves customers in Dhaka, Chittagong and Sylhet through a network of 13 offices, 38 ATMs and 9 Customer Service Centres (CSC). HSBC is the only bank to be present in 7 Export Processing Zones (EPZs) of Bangladesh. Operations started: 3 December 1996 Number of employees: 1051 as of December 2010 Profit before Tax (as of 31 December 2010): BDT 4,941,584,162 USD 69,776,676 Number of offices: 13 Number of ATM’s: 40 Number of CSCs: 9 Number of EPZ offices: 7 7
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2.2 Historical Background: The Hongkong and Shanghai Banking Corporation Limited (HSBC) established in 1865. It is a Hong Kong based bank. HSBC started their operation in Bangladesh on 3 December 1996 by opening their first branch. They got the license form Bangladesh Bank on 17 April 1996. The Bank has established an Islamic Banking Branch (Amanah branch) from 26 February
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This note was uploaded on 03/24/2012 for the course BBA SBM taught by Professor Goa during the Spring '09 term at East West University, Chicago.

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HSBC Bank Ltd - Section 2: The Hongkong and Shanghai...

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