foreign banks which operates in indonesia

7/30/2019 Foreign Banks Which Operates in Indonesia

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Foreign Bank Which Operates In Indonesia

(HSBC)

HSBC has its world headquarters at 8 Canada Square in Canary Wharf, London. HSBChas a significant presence in each of the world's major financial markets, with the Americas, Asia

Pacific and Europe each representing around one third of its business. HSBC is the largest bank

in Hong Kong and prints most of Hong Kong's local currency in its own name. As of 2 April

2008, according toForbes magazine, HSBC was the fourth-largest bank in the world by assets

(with $2,348.98 billion), the second largest in terms of revenues (with $146.50 billion) and the

largest in terms of market value (with $180.81 billion). It was also the most profitable bank in

the world with $19.13 billion in net income in 2007 (compared to Citigroup's $3.62 billion

and Bank of America's $14.98 billion in the same period). Since the end of 2005, HSBC has

been rated the largest banking group in the world by Tier 1 capital. In February 2008, HSBC was

named the world's most valuable banking brand by The Bankermagazine.

HSBC is known for a conservative and risk-averse approach to business a company

tradition going back to the 19th century. This reputation has been brought into question in the

21st century. In its technical management, however, HSBC has recently suffered a series of

headline-making incidents in which some customer data were allegedly leaked or simply went

missing. Although the consequences turned out to be small, the embarrassing effect on the

group's image did not go unnoticed. HSBC is currently audited by one of the Big Four

auditors, KPMG. The HSBC and KPMG headquarters are adjacent to one another, with KPMG

occupying 15 Canada Square. HSBC Main Building, Hong Kong is also adjacent to KPMG

office located in Prince's Building.

HSBC is one of the largest banking and financial services group in the world, with a

network which spans across 85 countries and diverse 296,000 work force all over the world.

Headquartered in London, United Kingdom, HSBC seek to find the world's potentials through

7,200 offices in both established and emerging markets. HSBC is acknowledged as the world's

leading international bank.
https://en.wikipedia.org/wiki/8_Canada_Squarehttps://en.wikipedia.org/wiki/Canary_Wharfhttps://en.wikipedia.org/wiki/Londonhttps://en.wikipedia.org/wiki/Citigrouphttps://en.wikipedia.org/wiki/Bank_of_Americahttps://en.wikipedia.org/wiki/Tier_1_capitalhttps://en.wikipedia.org/wiki/Big_Four_auditorshttps://en.wikipedia.org/wiki/Big_Four_auditorshttps://en.wikipedia.org/wiki/KPMGhttps://en.wikipedia.org/wiki/HSBC_Main_Building,_Hong_Konghttps://en.wikipedia.org/wiki/Prince%27s_Buildinghttps://en.wikipedia.org/wiki/Prince%27s_Buildinghttps://en.wikipedia.org/wiki/HSBC_Main_Building,_Hong_Konghttps://en.wikipedia.org/wiki/KPMGhttps://en.wikipedia.org/wiki/Big_Four_auditorshttps://en.wikipedia.org/wiki/Big_Four_auditorshttps://en.wikipedia.org/wiki/Tier_1_capitalhttps://en.wikipedia.org/wiki/Bank_of_Americahttps://en.wikipedia.org/wiki/Citigrouphttps://en.wikipedia.org/wiki/Londonhttps://en.wikipedia.org/wiki/Canary_Wharfhttps://en.wikipedia.org/wiki/8_Canada_Square


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HSBC has a very long history in Indonesia. It has been operating in Indonesia since 1884

in Jakarta (formerly known as Batavia). It initially served the important sugar trade and then

expanded to Semarang and Surabaya. However, the bank faced obstacles along the way as the

bank was forced to close operation during World War II and in the mid 1960s. However, HSBC

was granted with a new banking license in 1968, and the bank has remain steady ever since. Now

HSBC served its customer in Indonesia through 49 branches in 6 major cities across Indonesia,

namely Jakarta, Bandung, Semarang, Surabaya, Batam and Medan. Our services is supported by

more than 3,000 employees, today HSBC Indonesia has grown into Indonesia's leading

international bank, offering wide range of services in retail banking and wealth management,

corporate and investment banking, institutional banking, treasury capital markets and Syariah

banking services.

The recognition of recent achievements by HSBC Indonesia in 2011 include

FinanceAsia's Best Foreign Commercial Bank, Trade Finance Magazine's Best Foreign

International Trade Bank, Asiamoney's Deal of the Year, Euromoney Best Sukuk Deal -

Republic of Indonesia USD Global Sukuk, Deal of the Year- Axis World, Most Valuable

Banking brand in the world by Forbes Global, 1st Rank in Euromoney FX Survey, Bisnis

Indonesia Banking Efficiency Award as well as Indonesia's Sustainable Business Award 2012

and Indonesia Green Awards which reflects HSBC's commitment in local community sustainable

activities.


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Referesi

https://www.hsbc.co.id/1/2/miscellaneous_en_US

http://www.answers.com/topic/hsbc-holdings-plc-adr
https://www.hsbc.co.id/1/2/miscellaneous_en_UShttp://www.answers.com/topic/hsbc-holdings-plc-adrhttp://www.answers.com/topic/hsbc-holdings-plc-adrhttp://www.answers.com/topic/hsbc-holdings-plc-adrhttps://www.hsbc.co.id/1/2/miscellaneous_en_US

foreign banks which operates in indonesia

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