Household HSBC Watch

Burnt by subprime issues HSBC turned to emerging nations for profits. Islamic banking is but one growth area for HSBC. HSBC Bank Malaysia Bhd’s Islamic banking business is expected to record double-digit growth. Malaysia is a huge market for Islamic banking products, ranking number one for the issuance of sukuk or Islamic […]

It looks like HSBC may have found a niche that works better than United States subprime loans. Here is how the ploy actually works: Sell one product and up-sell or cross-sell as many other products as you can. HSBC said they would export the “Household International” model to developing nations. (Some […]

HSBC Bank Malaysia Bhd is confident of emerging as one of the country’s top two banks with the highest number of credit cards in circulation when it reaches its one millionth card in the next two months.

It currently ranks third, behind rivals Citibank Bhd and Malayan Banking Bhd, with more than 970,000 credit cards in […]

KUALA LUMPUR: HSBC Bank (M) Bhd aims to have one million of its credit cards in circulation in Malaysia by the year’s end. Currently, it has more than 950,000 credit cards in circulation. The bank’s head of cards, Linda Yip, said the new campaign would offer promotions and discounts, and a contest for users. […]

KUALA LUMPUR: HSBC Insurance (Asia Pacific) Holdings Ltd expects its joint-venture with Jerneh Asia Bhd and the Employees Provident Fund (EPF) as a takaful operator to be profitable in three to five years.

Zarir J Cama
“The prospects are huge, given the scope and potential of the local insurance market, which is, by many accounts, still […]

According to S. Indramalar “WHEN HSBC Bank Malaysia Bhd (HSBC) introduced its Young IT Entrepreneur Awards (YITEA) in Malaysia three years ago, the country had just started its ambitious Multimedia Super Corridor (MSC) initiative and the focus was on developing a knowledge economy and a workforce conversant in IT. YITEA was first introduced in Hong […]