OTC / IPO NEWS
HSBC opens new flagship branch in Vietnam | HSBC opens new flagship branch in Vietnam |
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The Hong Kong and Shanghai Banking Corporation (HSBC) in
The
HSBC branch features the latest in ATM technology, allowing both for
deposits and withdrawals, as well as numerous manned banking counters
serving VIP personal and commercial banking customers.
HSBC President and CEO in Vietnam Thomas Tobin said that with 10 percent of the country’s 85 million people with bank account,
HSBC was one of first foreign banks to be permitted in March to open wholly foreign invested subsidiary bank in
It
also successfully linked their Automated Teller Machine (ATM) networks
with Vietnam Technological and Commercial Joint Stock Bank
(Techcombank) last month. With the linkage, the total number of
machines in the shared network between the two banks is expected to
reach over 450 by the end of 2008 from the current 317
Vietstock |











