Everything about Hsbc Bank Malaysia totally explained
HSBC Bank Malaysia Berhad was the first foreign bank to incorporate locally in Malaysia in 1994. It is part of the
HSBC Group.
Malaysian banking
HSBC Bank Malaysia offers a full range of personal and commercial services from a network of branches and direct channels.
History
The Hongkong and Shanghai Banking Corporation established its first office in what would become Malaysia in
1884 on
Penang. It added offices in
Malacca (
1909) and in
Johor Bahru and
Kuala Lumpur in
1910. The Bank didn't expand further until
1947 when it proceeded to include branches in Sabah and Sarawak, including
Kota Kinabalu (
1947),
Sandakan and
Tawau, both in
1948,
Labuan (
1957),
Beaufort (
1961), and
Papar (
1962). In
1959, The Hongkong and Shanghai Banking Corporation acquired the
Mercantile Bank, and with it Mercantile Bank's branches in Malaysia, which resulted in a quantum jump in the number of The Hongkong and Shanghai Banking Corporation's branches in the country.
Local incorporation
Hongkong Bank Malaysia Berhad was incorporated on
1 October 1984. In
1 January 1994, the Malaysian branch operations of The Hongkong and Shanghai Banking Corporation were localised and transferred to Hongkong Bank Malaysia Berhad. The Hongkong and Shanghai Banking Corporation sold its Malaysian banking business to the intermediate holding company of the HSBC Group that time, but the bank now still has the
offshore banking unit in Labuan. Later, in conjunction with the HSBC Group's global rebranding exercise, the legal name HSBC Bank Malaysia Berhad was adopted on
23 February 1999.
Further Information
Get more info on 'Hsbc Bank Malaysia'.
|
External Link Exchanges
Do you know how hard it is to get a link from a large encyclopaedia? Well we're different and will prove it. To get a link from us just add the following HTML to your site on a relevant page:
<a href="http://hsbc_bank_malaysia.totallyexplained.com">HSBC Bank Malaysia Totally Explained</a>
Then simply click through this link from your web page. Our crawlers will verify your link, extract the title of your web page and instantly add a link back to it. If you like you can remove the words Totally Explained and embed the link in article text.
As long as your link remains in place, we'll keep our link to you right here. Please play fair - our crawlers are watching. Your site must be closely related to this one's topic. Any kind of spamming, dubious practises or removing the link will result in your link from us being dropped and, potentially, your whole site being banned. |
