HSBC Bank opens new transaction offices in Vietnam

HSBC Bank Vietnam has announced the opening of three new transaction offices in Ho Chi Minh City, Vietnam.

The first opening is of the Phu My Hung transaction office, followed by the Dinh Tien Hoang transaction office and the Cong Hoa transaction office.

HSBC Bank Vietnam has recently opened its Phu My Hung transaction office. The Dinh Tien Hoang transaction office will be opened on May 20, 2009, and the Cong Hoa transaction office will be opened on May 26, 2009.

The bank noted that all three distribution outlets will offer HSBC's range of personal financial services products and services to retail customers.

Lyndsay Rajah, head of personal financial services of HSBC Bank Vietnam, said: "The personal banking segment in Vietnam has significant growth potential as less than 10% of Vietnam's population has a bank account. With the establishment of our new transaction offices, HSBC Bank Vietnam will be able to penetrate further into the retail market.

"The new outlets also underline HSBC's confidence in the country's long-term development, despite the current global economic turmoil. HSBC will continue to make our world-class products and services more accessible to customers as we expand our network in 2009."

http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
is expressly prohibited without prior written consent. Datamonitor shall 
not be liable for errors or delays in the content, or for any actions 
taken in reliance thereon

Related terms: bank, banking, market, population, products, retail, vietnam