HSBC Bank (Vietnam) Ltd., has expanded its reach in Vietnam by opening a branch in Da Nang, the largest city in central Vietnam, on September 30.
HSBC Da Nang branch, which is the bank’s second outlet after the Can Tho branch opened this year, is located inside Indochina Riverside Towers at 74 Bach Dang Street, Hai Chau District.
The new branch, will mean that corporate customers in Da Nang and the neighborhood can now access HSBC’s full suite of business banking products, with a focus on Commercial Banking, Global Banking, Payment and Cash Management, and Trade and Supply Chain services.
The Da Nang branch also provides HSBC’s full range of personal financial services, including deposits and savings account transactions, loan products, international credit and debit cards, investment and insurance products, plus a wide range of counter services, from money exchange to encashment and issuances of demand drafts.
The branch will join the bank’s other outlets across Vietnam to offer HSBC’s current nationwide “Great Offers” promotion, enabling customers to take advantage of a broad range of discounts, offers, fee waivers, bonus interest rates and promotional gifts across all of HSBC’s Personal Financial Services products, from loans and cards to HSBC Premier and insurance policies, until 31 October 2010.
HSBC Vietnam, which has again been voted Best Foreign Commercial Bank Award 2010 by FinanceAsia for the fifth consecutive year, currently has 12 branches across the country: two flagship branches in Hanoi and Ho Chi Minh City, supported by seven transaction offices, as well as fully independent, full service branches in Binh Duong, Can Tho and Da Nang.
HSBC Vietnam began operations in January 2009, with headquarters in HCMC.
It is now the largest foreign bank in the country in terms of investment capital, network, product range, staff and customer base.
