HSBC Bank (China)

HSBC Bank (China) Company Limited is a wholly foreign-owned bank incorporated in mainland China by The Hongkong and Shanghai Banking Corporation Limited (HSBC). It is one of the first foreign banks to be locally incorporated in China.

HSBC Bank (China) provides a range of financial services to both domestic and international customers, including retail banking, commercial banking, global banking and markets, and wealth management. It operates a network of branches and sub-branches across major cities in China.

The establishment of HSBC Bank (China) reflects HSBC's long-term commitment to the Chinese market and its strategic focus on expanding its presence in the Asia-Pacific region. It operates under the regulatory framework of the China Banking and Insurance Regulatory Commission (CBIRC).

HSBC's history in China dates back to 1865, when The Hongkong and Shanghai Banking Corporation Limited first opened a branch in Shanghai. The incorporation of HSBC Bank (China) in 2007 marked a significant milestone in the bank's development in the country.

HSBC Bank (China)'s services cater to a diverse clientele, encompassing individuals, small and medium-sized enterprises (SMEs), and large corporations. It aims to facilitate cross-border trade and investment, support China's economic growth, and provide access to international financial services.