(03 December 2012 – Malaysia) HSBC Amanah will complete its Malaysian expansion with three more branches before the end of the year.These will be in Melaka, Seremban and Kelantan, and once opened, the group will have completed its footprint in Malaysia ahead of schedule.
“We were given a time frame by Bank Negara when we first started in 2007 to open 26 branches by 2013,’ said HSBC Amanah CEO, Rafe Haneef.
“Given the overwhelming response from our customers and the business community, we have been able to complete the 26 branches ahead of time. So by December we would have launched all the 26 branches and be present in all the major areas in the country,” he added.
The first phase of the banks expansion was to establish a presence in all major cities, which they will achieve by December.