12:52 am - Tuesday October 24, 2017

HSBC launches Business Development Office in Uttara EPZ

The Hongkong and Shanghai Banking Corporation Limited (HSBC), Bangladesh marked expansion of its network with a new Business Development Office in Uttara EPZ ( Export Processing Zone ), Nilphamari.

This is the 8th Business Development Office of HSBC Bangladesh . With this, HSBC becomes the only international bank to be present in all the eight EPZs of Bangladesh . Uttara EPZ was established in 2001. It houses a range of diversified exporters. The EPZ is attracting substantial foreign investment for the country. Exporters from this EPZ can access the world class trade services and expertise of HSBC that now facilitates 11 per cent of the country’s total international trade.

HSBCChief Executive Officer of HSBC Bangladesh, Andrew Tilke , said “We are proud of our milestone in being present in all of Bangladesh’s eight EPZs, as it demonstrates our commitment in supporting the country’s economic growth. Our clients in all EPZs can now facilitate their global trade with our extensive experience and trade leadership, right from their doorstep.”

Head of Corporate Banking, Md. Mahbub-ur-Rahman said, “With our presence in all of the eight EPZs in Bangladesh , we are now even better positioned to help customers connect with global opportunities. Export continues to be one of the major driving forces behind country’s economic progression, we are happy to expand our footprint in Uttara EPZ in Nilphamari.”


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