RETAIL BANKING | Cesar Tordesillas, Malaysia
Published: 16 May 12

HSBC to maximize opportunities in Malaysia

While HSBC Malaysia had been growing in the last two years and was looking at its cost base very carefully, it has yet to fully penerate the Malaysian market.


Phillip Poole, Global Head of Macro and Investment Strategy at HSBC Global Asset Management, said emerging economies were the ones housing financial growth, therefore offered many opportunities for the bank to grow.

He identified Malaysia as a key emerging market with good trade performance and a stable domestic demand fuelled by the implementation of initiatives under the government's Economic Transformation Programme.

China, India and Central Asia were possible frontier markets for HSBC to expand in Asia, he told a media briefing here Wednesday.

For more, click here.

Sign up for our newsletter


Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

Tags: HSBC Malaysia, Malaysian makrket, key emerging market, Malaysian banks, Asian expansion, bank expansion


Subscribe Now
Banks are a-changin’: Omni-channel is the way to go for Asian banks


Indonesian banking sector edges near crunch time for consolidation


Breaking the tethers of Asia’s payments revolution


close Don't Show Again

STAY INFORMED! Get our free weekly newsletter