HSBC has launched a new proposition during its HSBC Corporate ReINVENT webinar to support Malaysia’s corporates navigate and build resilience against global challenges including the shift to digital economies, climate change, and the increased shift of the world’s trade and investment to Southeast Asia.
The proposition comprises of the Beyond Banking and the Mid-Market Accelerator Programme.
The “Beyond Banking” initiative which will be available to HSBC’s entire commercial banking customer base, will provide customers with innovative digital solutions; sustainable financing such as green loan and green trade financing; international business growth partnership; access to dedicated support from sector specialists; as well as support in supply chain resilience.
Additionally, the Mid-Market Accelerator Programme will fit within HSBC’s Beyond Banking offering. It is aimed at fast-growing Middle Market Enterprises (MME) customers providing them with access to HSBC’s full suite of bespoke financing solutions; as well as increased senior coverage with dedicated service supported by sector specialists.
Andrew Sill, Country Head of Commercial Banking, HSBC Malaysia said, “Corporates are the “engine room” of the Malaysia’s economy and will be the driver of its economic recovery. But at HSBC, we understand there have historically been barriers and challenges that corporates need to overcome. These challenges have been magnified by Covid-19 and other global transitions including digitisation, climate change and the world pivoting its trade and investment focus to Southeast Asia.”
“The introduction of Trusted Advisor marks a major raising of the bar in the Malaysian banking scene as we aspire to go beyond traditional banking and leverage on our capabilities to provide customers with a combination of sector specific expertise, access to HSBC’s global network, and a deep understanding of macro trends from impact of digitisation to the need to shift to a more sustainable and resilient business model,” Andrew added.
Speaking about the Mid-Market Accelerator Programme, Karel Avni Doshi, Country Head of Corporate, Commercial Banking, HSBC Malaysia said, “There are growth opportunities in the MME segment in Malaysia; and HSBC’s exclusive Mid-Market Accelerator Programme helps to give the businesses the attention and support that they truly deserve in expediting their growth journey. We offer these customers tailored solutions and expertise; thus positioning HSBC as the bank of choice for the country’s MMEs intending to grow to become Large Corporates.”
