BRANCH BANKING | Cesar Tordesillas, Vietnam

Binh Duong branch expands HSBC’s reach in Vietnam

HSBC Vietnam opened its first regional branch in Vietnam in Binh Duong—its first full service branch in operation outside Hanoi and Ho Chi Minh City.Dedicated to serving the needs of both new and existing HSBC customers in Binh Duong and the surrounding districts, the new Binh Duong Branch offers a comprehensive range of services, with a focus on corporate services such as Commercial Banking, Global Banking, Payment and Cash Management, Trade and Supply Chain as well as Personal Financial Services.Centrally located on the third floor of Minh Sang Plaza, Binh Giao Hamlet, Thuan Giao Village, Thuan An District, Binh Duong Province, the new branch covers 711 square metres.The Binh Duong branch is entirely self-sufficient, allowing corporate customers to access HSBC’s full suite of business products and services directly.Individual customers will also benefit from HSBC’s range of Personal Financial Services.Binh Duong has one of the highest numbers of foreign direct investment projects in the country, a well-developed infrastructure and is geared towards welcoming FDI and domestic investors. Located just 40 kilometres from Ho Chi Minh City, Binh Duong is easily accessible to local and foreign investors."Local incorporation allows us to have a broader distribution network to reach more customers in Vietnam's major economic centres. The branch at Binh Duong is the first of many planned for economic centres around Vietnam. By opening more branches and more transaction offices across the country, HSBC will meet the needs of our growing provincial customer base," said Thomas Tobin, Chief Executive Officer of HSBC Bank Vietnam.

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