HSBC Eyes Middle-Market Segment in Malaysia, Offering New Solutions
(5 May 2021 – Malaysia) HSBC Malaysia has launched new solutions comprising Beyond Banking and the Mid-Market Accelerator Programme (MMAP) to support local corporates navigate and build resilience against global challenges including the shift to digital economies, climate change and the increased shift in trade and investment to Southeast Asia.
Beyond Banking will be available to HSBC’s entire commercial banking customer base and provides customers with innovative digital solutions, sustainable financing, international business growth partnership, access to dedicated support from sector specialists and support in supply chain resilience.
The MMAP fits within HSBC’s Beyond Banking offering and is specifically aimed at fast-growing Middle Market Enterprise (MME) customers by enabling them to gain access to HSBC’s full suite of bespoke financing solution.
“It is also our ambition to be our customers’ trusted advisor. To facilitate this, HSBC Malaysia is pleased to introduce a new proposition that includes a bespoke programme targeted at propelling leading Malaysian businesses with growth aspirations, locally and globally,” said HSBC Malaysia head of commercial banking Andrew Sill.
Meanwhile, country head of corporate, commercial banking Karel Avni Doshi said the bank believes growth opportunities in the MME segment exist in Malaysia, and HSBC is set to tap into the segment.
“We offer these customers tailored solutions and expertise, thus positioning HSBC as the bank of choice for the country’s MMEs intending to grow to become large corporates,” she said.
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