| 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 |