HSBC (127776-V)

Online Profile

Who We Are

HSBC's presence in Malaysia dates back to 1884 when the Hongkong and Shanghai Banking Corporation Limited established its first office in the country, on the island of Penang, with privileges to issue currency notes.

By 1959, The Hongkong and Shanghai Banking Corporation Limited had embarked on a programme of acquisitions. Through the acquisition of The Mercantile Bank, which started operations in Malaysia in 1860, HSBC is indirectly the oldest bank in Malaysia.

It opened offices in Ipoh in 1909 followed by branches in Malacca, Johor Bahru, and Kuala Lumpur in 1910. The Kota Bharu branch was opened in 1912.

In the 1920s to 1930s, the Bank opened more branches in several states. The Sungai Petani branch was opened in 1922, the Kuantan branch in 1929, the Muar branch in 1930, and the Kuala Terengganu branch in 1936.

In Sabah, the first branch opened in Kota Kinabalu in 1947. Branches were set up in Sandakan and Tawau a year later, followed by Labuan in 1957.

Meanwhile, in Sarawak, a branch was opened in Kuching in 1958. Another was established in Sibu in 1959, followed by a second branch in Kuching in 1964.

In 2006, HSBC was the first foreign bank to be awarded license to operate a Takaful (Islamic insurance) business in Malaysia. HSBC Amanah Takaful (Malaysia) Sdn Bhd, a joint venture between HSBC Insurance (Asia Pacific) Holdings Limited (49% shareholding), Jerneh Asia Berhad (31% shareholding) and Employees Provident Fund Board of Malaysia (20% shareholding); commenced operations in August 2006.

In 2007, HSBC Bank Malaysia was the first locally incorporated foreign bank to be awarded the Islamic banking subsidiary license in Malaysia. HSBC Amanah Malaysia Berhad, a fully fledged Islamic bank wholly owned by HSBC Bank Malaysia, commenced operations in August 2008. Currently HSBC in Malaysia has a network of 48 branches nationwide – 40 conventional branches and 8 Islamic branches.
 

Our Local Incorporation

Hongkong Bank Malaysia Berhad was incorporated on 1 October 1984. The Malaysian branch operations of The Hongkong and Shanghai Banking Corporation Limited were localised and transferred to Hongkong Bank Malaysia Berhad on 1 January 1994, making it the first foreign owned financial institution to be localised. Later, in conjunction with the HSBC Group's global rebranding exercise, the legal name HSBC Bank Malaysia Berhad was adopted on 23 February 1999.
 

Our Group Companies In Malaysia

• HSBC Amanah Malaysia Berhad
• HSBC Amanah Takaful (Malaysia) Sdn Bhd
• HSBC Sales and Services Malaysia Sdn Bhd
• HSBC (Malaysia) Trustee Berhad
• HSBC Electronic Data Processing (Malaysia) Sdn Bhd
   

Our Global Reach

HSBC Bank Malaysia Berhad is a wholly-owned subsidiary of the HSBC Group. HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,000 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
 

Our Staff

HSBC Bank Malaysia Berhad employs more than 5,000 people in Malaysia.

For recruitment matters, please contact us as follows:

E-mail: rubyharbajansingh@hsbc.com.my

Our Awards and Recognition

2010

• Best Deal (US$1.25 billion Government of Malaysia Sukuk. HSBC was joint bookrunner and joint lead manager)- The Asset Triple A Country Awards
• Best Debt House– The Asset Triple A Country Awards
• Best Bank – The Asset Triple A Country Awards
• Best Sub-Custodian in Malaysia – The Asset Triple A Asian Awards
• Best Domestic Custodian in Malaysia – The Asset Triple Asian Awards
• Best Cash Management Bank in Malaysia – Euromoney (Euromoney’s Cash Management Poll)
• Best Foreign Islamic Bank in Malaysia– Alpha Southeast Asia
• Best Foreign Bank in Malaysia– Alpha Southeast Asia
• Best Foreign Exchange Provider 2010– Global Finance
   

Our Comprehensive Products and Services

HSBC Bank Malaysia’s ability to combine international expertise with in-depth local knowledge and experience places it in a unique position to serve customers' domestic and international needs. The Bank's pioneering role reflects its long-term commitment to its customers and to Malaysia. Its extensive range of services include personal financial services, commercial banking, global banking and markets, Takaful (Islamic insurance) and Islamic financial solutions.

As an innovative bank, HSBC Bank Malaysia led the Malaysian banking industry into the electronic age with the introduction of the nation's first online automated teller machine (ATM), and the launch of Electronic Touch Banking and Hexagon - the Group’s global PC-based banking financial services platform - in the early 1980s. Our new web-based solution platform, HSBCnet boasts of unrivalled security credentials with the introduction of Malaysia’s first security technology, "Virtual Keyboard". Employing the best-of-breed technologies in HSBCnet, HSBC customers were one of the earliest to enjoy online cheque image enquiry.

Customers of HSBC Bank Malaysia were also the first to benefit from account updates via the SMS (Short Messaging Service) alert facility and since September 2000, customers have been able to trade shares listed on Bursa Malaysia online with s elected stockbroking companies. In July 2001, the Bank launched the state-of-art cheque deposit machine - ChequeScan that provided increased security and made depositing cheques faster and simpler.

The Bank launched a full-fledged Internet Banking service in January 2002, the first foreign-controlled bank to do so. Its website offers a range of services, including fund and telegraphic transfers, share applications, bill payments, credit card advances, and cheque-book and account statement requests.

The Bank was also the first and the only bank in Malaysia to offer a dual security log-into Internet Banking via its Security Device.

In June 2003, HSBC Bank Malaysia became the first foreign bank in Malaysia to launch the Europay-MasterCard-Visa (EMV)-compliant chip credit card, for both its MasterCard and Visa credit card.

Our Corporate Sustainability

Corporate sustainability has long been a vital element in HSBC Bank Malaysia’s business strategy for long-term success. The Bank is strongly committed to its role as a responsible Malaysian corporate citizen through its contribution to the community in which it operates in.

Much of its endeavours have been devoted to the promotion of environmental conservation, the advancement of education, the support of philanthropic causes, the preservation of culture and heritage in the country.

In its long-standing efforts to conserve and protect the environment, the Bank's notable partners in Malaysia include WWF-Malaysia, Malaysian Nature Society (MNS), and Global Environment Centre. HSBC Bank Malaysia also supports several educational programmes that provide underprivileged children with the opportunity to further their education. One example is Future First, a HSBC flagship group programme and JA More than Money, a financial literacy programme for primary school children.

At the same time, HSBC Bank Malaysia also reaches out to the disadvantaged community through the voluntary involvement and assistance from its employees. HSBC employees contribute their time and energy by volunteering their services to various organisations/homes in need of assistance. HSBC’s aim is not to provide financial support alone, but also educational and vocational training to this special group.