Combined, ASEAN forms one of the fastest growing economic powerhouses and is one of the world’s top five economies, behind the US, EU, China and Japan*.
How HSBC can help
Back to ASEAN’s International Bank
As the world’s number one trade bank,1 and with over 130 years of presence in ASEAN, HSBC is well established to support your business growth and enable you to tap into new opportunities. Our teams on the ground and unrivalled global network are able to provide an in-depth understanding of market dynamics paired with our bespoke solutions to ease your market access into ASEAN and beyond.
At HSBC, our knowledge goes beyond just understanding individual ASEAN markets, but understanding how to navigate the dynamics and connections between them. HSBC’s strong foundation of connected knowledge with an innovative solution provides a seamless banking experience for our customers. Our offering aims to help international companies capture the growth across ASEAN.
HSBC in Indonesia
- Having been present in the country since 1884, HSBC has an extensive coverage with 54 branches in 21 cities across the archipelago.
- HSBC Indonesia has a strong standing in the market with a large customer base and coverage through all segments, from Retail Banking, local SMEs to large multinational companies
- HSBC Indonesia is equipped with a comprehensive product suite with significant balance sheet which encompasses all general banking needs to more complex solutions; and an extensive local team with strong domestic market knowledge and global expertise is dedicated in providing top notch customer experience
Key facts and figures
Date of establishment: 1884
Presence: 54 Branches
The only foreign bank with presence in Batam, a Special Economic Zone known as one of the country’s hub for industrial estates and many foreign owned/operated factories
Our experience
Case Study: Pioneering treasury operations in Thailand
When the world's biggest canned tuna producer wanted to streamline liquidity flows and cut funding costs to support a global expansion from its home base in Thailand through Europe and the United States, HSBC was there to help.
Client need
Streamline management of fund flows across continents and between time zones to improve working capital efficiency.
How HSBC delivered
HSBC's innovative solution created Thailand's first cross-border sweeping arrangement. The initiative, which involved securing a license from the Bank of Thailand to run the operation, gave the client confidence that HSBC had a deep understanding of their global business needs -- and the creativity to devise solutions to meet them,
Client benefit
Automated tasks previously done manually and unlocked cash sitting idle in accounts globally to help boost internal funding. The structure was awarded "Best Forecasting Strategy" in the Corporate Treasurer Awards 2015.
Our Recognition
The Asset Triple A Awards 2021 | The Asset Triple A Awards 2021 | The Asset Triple A Awards 2021 | Euromoney Trade Finance Survey |
|---|---|---|---|
Best Payments and Collections Solutions
| Best Supply Chain Solution (Garudafood)
| Best Supply Chain Solution (Unilever Oleochemicals Indonesia)
| Indonesia Trade Finance Best Service, 2020 |
