The Hongkong and Shanghai Banking Corporation (HSBC), along with Bangladesh Bank (BB), has initiated foreign currency (FCY) transaction solution through real-time gross settlement (RTGS) clearing of the central bank. This solution will enable HSBC's valued customers to make domestic foreign currency payments to other participating bank's FCY accounts and to receive
Tag: HSBC
HSBC signs H2H Integration Solution with DBL Group
HSBC Bangladesh has signed a mandate for Host-to-Host (H2H) integration solution with DBL Group as a part of HSBC’s effort to give the clients greater financial flexibility to meet their increasingly sophisticated business needs, a press release said Sunday. The agreement was signed at DBL Group’s corporate office on 29 September
HSBC launches ‘DekhiBanglarMukh’ on NRB TV
HSBC Bangladesh and HSBC Canada have jointly launched a special program recently on Canada's NRB TV – ‘DekhiBanglarMukh,’ a press release said Tuesday. "DekhiBanglarMukh" is a series cultural program initiated by HSBC, targeted towards the global audience to patronise and uphold the image of Bangladeshi culture. Rabindranath Tagore was the theme of
HSBC concludes acquisition finance in Bangladesh LPG sector
HSBC Bangladesh successfully supported inbound investment in the LPG sector in Bangladesh, facilitating SHV Energy to take over 100 percent of Petromax (LPG and Cylinder), a press release said Wednesday. The landmark agreement was initiated and signed between SHV Energy and Petromax on the 23 June 2022 and followed up by
HSBC launches fund for female entrepreneurs
As part of HSBC’s global commitment to supporting female entrepreneurs, HSBC has launched the ‘Female Entrepreneur Fund (FEF)’ in Bangladesh on Wednesday, in acknowledgment of the challenges that female-owned businesses face, a press release said. The aim of the fund is to promote financial inclusivity for women entrepreneurs in Bangladesh by
HSBC brings stakeholders working ‘Together for Climate’
Climate change has emerged as one of the biggest environmental challenges the world is facing today. The Hongkong and Shanghai Banking Corporation Limited (HSBC) recognises that our planet needs sustainable action to protect our communities, businesses and natural environment from the effects of climate change; and this can only be
HSBC holds online session on waste management
HSBC Bangladesh organised an online session on 4th July 2022 on “Transitioning to a circular economy with Sustainable Waste Management,” a press release said Wednesday. Md. Shahab Uddin, MP, Honourable Minister for Ministry of Environment, Forest and Climate Change was present as the Chief Guest. The session was also attended
HSBC launches instant payments collection solution
The Hongkong and Shanghai Banking Corporation Limited in Bangladesh has launched instant (real-time) collection function for its customers. As part of bank's focus on continuous innovation, the real-time collection enablement will greatly enhance the customer experience and deliver on the bank's promise to make banking simpler, safer and smarter. Instant (real-time) collection
HSBC, IBA award young talents of Bangladesh
The Hongkong and Shanghai Banking Corporation Limited in Bangladesh in partnership with Institute of Business Administration, University of Dhaka recently organised the finale and award giving ceremony of the “Business Case Competition 2022,” a press release said Saturday. Three teams from Bangladesh were selected as the Champion, Runners-up and Second Runner-up
HSBC, USBBC hold event on US-Bangladesh relations
HSBC Bangladesh,in partnership with the US-Bangladesh Business Council (USBBC) has arranged an event titled ‘US-Bangladesh Business Forum: Building on 50 years’ of friendship’. The event was organised to celebrate the relationship between USA and Bangladesh and noted the important ways in which the two countries can unlock the potential of its