Vietnam

The service will provide Standard Chartered Bank’s customers with a series of global services including financial solutions in banking transactions, loans, guaranties, investments, new products and high-quality services, in addition to attractive interest rates, said a report in VOV News.

After being chosen by the Cambodian government to facilitate tax payments, Acleda Bank's ATMs will now receive electricity payments in behalf of the Electricité du Cambodge.

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.

HSBC intends to penetrate Vietnam's promising personal banking segment where less than 10 percent have a bank account. Thus it will soon double its reach in Vietnam by opening three more outlets in Ho Chi Minh City.

HSBC will double its network in Hanoi to four outlets, in addition to its headquarters branch in Ho Chi Minh City.

HSBC became the first locally incorporated foreign bank in Vietnam to expand its distribution network via its transaction office.