The new HSBC sub-branch is located in the Lufthansa Centre of Chaoyang District, one of Beijing’s prime business districts. Focused on Premier services, HSBC’s global wealth management proposition for retail banking customers, the new sub-branch will provide foreign currency services to mainland Chinese citizens and renminbi and foreign currency services to foreign nationals and residents of Hong Kong, Macau and Taiwan.
Richard Yorke, CEO of HSBC’s Chinese operations, said: We are delighted to be able to further expand our service network in Beijing. It is part of our overall network expansion in China where HSBC has a long-term commitment.
Beijing is a key retail market for HSBC in the mainland and we shall provide diversified products to meet our customers’ growing needs for world-class banking services.
