Saturday, June 14, 2008

HSBC - COMMERCIAL BANKING IN INDIA

payments and cash manage-HSBC is a leading provider of financial services to small, medium-sized and middle-market enterprises. The Group has over 50,000 such customers in India, including proprietors, partnerships, clubs and associations, incorporated businesses and publicly quoted companies. Commercial Banking provides a full range of banking services to these customers including multi-currency business accounts, payment, trade services, factoring and a range of borrowing solutions. In India, Commercial Banking has a presence in 47 branches covering 26 key cities and for the convenience of our customers, a multi channel service including Internet and phone banking.

At HSBC, it is our constant endeavor to reach out and be of service to various customer groups. The business community is an important customer group for us not only in India but across the globe. In order to do so, we give utmost importance to our relationships with professionals like you who aid and advise business firms on various financial matters that play a vital role in planning future. We at HSBC believe in working very closely with professional to help us to provide greater value to business banking customers. Your insight on client’s financial requirements helps us to tailor our products and services to the customer’s need. Our research and understanding of the SME sector in India says that they require fast-track approvals, sound advise, competitive rates and knowledgeable personnel who will guide them on suitable banking solutions. We are committed to providing superior banking services to help you save time and cost for your SME customers. Our 150 – year presence in India and relationship with over 2.5 million business customers worldwide allows us to enjoy the advantages of deep rooted knowledge of local markets and international practices. This has led to development of our products and services, which are attuned to the unique financial needs
of the Indian businesses. We look forward to an opportunity in providing banking support to build
your client’s business. In addition, we expect advice and guidance from you in providing banking service to the SME sector. It would be my pleasure to interact with you at the ongoing Direct Taxes
Workshop at India International Centre.

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