After opening three transaction offices in Hanoi in April – making HSBC the first wholly foreign-owned bank to operate both branches and transaction offices in Vietnam – the bank is doubling its reach by opening three more outlets in Ho Chi Minh City.
The first to open will be the Phu My Hung transaction office in District 7, followed by the Dinh Tien Hoang transaction office in District 1 and the Cong Hoa Transaction Office in e.town, Tan Binh District.
“Becoming the first foreign bank to incorporate locally has given us a platform to grow organically in Vietnam and offer HSBC’s world-class banking products and services to more customers through a wider distribution network,” says Thomas Tobin, chief executive officer of HSBC Bank (Vietnam) Ltd. “Now customers in Ho Chi Minh City can benefit from an enhanced banking experience, with the latest banking facility technology in a stylish contemporary interior design. Our customers can access our comprehensive range of products with greater convenience as we bring the world’s local bank closer to them.”
HSBC Bank (Vietnam) Ltd., voted Best Bank in Vietnam 2009 for the Asset’s Triple A Awards, will open its Phu My Hung Transaction Office at 1401-1403 Nguyen Van Linh Avenue, My Toan 2, Phu My Hung, on 13 May 2009. Located in the new Saigon South business hub, the Phu My Hung Transaction Office covers 151 square metres of ground floor space and an additional 167 square metres across the first and second floor.
The 182-square-metre Dinh Tien Hoang Transaction Office will be opened on 20 May. It is located on the ground floor of the modern Saigon Financial Centre – home to a number of high-profile local and international financial institutions – at 9 Dinh Tien Hoang Street, Da Kao Ward in District 1.
The opening of the Cong Hoa Transaction Office within 477 square metres of ground floor space at the E.town 3 Building, 364 Cong Hoa Street, Tan Binh District, will follow shortly after on 26 May.
All three distribution outlets will offer HSBC’s full range of Personal Financial Services products and services to retail customers.
D.C.