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                    [ArticleID] => 386634
                    [Title] => HSBC to expand banking network in RP
                    [Summary] => 



The Hong Kong and Shanghai Banking Corporation (HSBC), known for its slogan "The World's Local Bank" is expanding its network of savings bank in the Philippines, owing to the favorable economic environment in the country.


As soon as the Bangko Sentral Ng Pilipinas (BSP) will release its approval for more HSBC savings bank branches, HSBC president and chief executive officer (CEO) Mark Watkinson said the bank will establish about five more savings bank, initially around Metro Manila.


                    [DatePublished] => 2007-02-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 301405
                    [Title] => HSBC expects double-digit income growth
                    [Summary] => HSBC is optimistic of a double-digit growth in net income this year in its Philippine operations, a top bank official said.


Walter Manning, HSBC Philippines president and chief executive officer, said a double-digit growth rate is achievable this year although none of its revenue activities would make any spectacular growth rates.


In 2004, HSBC Philippines recorded a P1.3-billion net income.


                    [DatePublished] => 2005-10-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 290906
                    [Title] => HSBC issues record 98,000 credit cards in H1
                    [Summary] => The number of new credit cards issued by Hongkong and Shanghai Banking Corp. (HSBC) in the Philippines reached a company record of 98,000 during the first six months of 2005, bank official said yesterday. 


If the current trend is sustained in the second semester, HSBC officials said they are optimistic that the Philippine card operations could achieve record levels.


"We have already recorded the highest growth rate in the industry reaching 25.2 percent in the first half of the year," said Martin Cook, HSBC deputy chief executive officer, in a press briefing. 

                    [DatePublished] => 2005-08-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 276887
                    [Title] => Unbelievable
                    [Summary] => Given a chance, it seems most Filipinos wouldn’t mind being given another  television set. 


"The TV ranked second among the items that our survey group wanted to have," said  HSBC (Phils) senior vice-president for marketing Suresh Nadoo. "We took that insight and  tied up with like-minded Samsung Phils. for a campaign  that is so different from the usual raffle, where only a few end up as winners."


                    [DatePublished] => 2005-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1488513
                    [AuthorName] => Margaret Jao-Grey 
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
                )

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)

MARTIN COOK

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                    [ArticleID] => 386634
                    [Title] => HSBC to expand banking network in RP
                    [Summary] => 



The Hong Kong and Shanghai Banking Corporation (HSBC), known for its slogan "The World's Local Bank" is expanding its network of savings bank in the Philippines, owing to the favorable economic environment in the country.


As soon as the Bangko Sentral Ng Pilipinas (BSP) will release its approval for more HSBC savings bank branches, HSBC president and chief executive officer (CEO) Mark Watkinson said the bank will establish about five more savings bank, initially around Metro Manila.


                    [DatePublished] => 2007-02-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 301405
                    [Title] => HSBC expects double-digit income growth
                    [Summary] => HSBC is optimistic of a double-digit growth in net income this year in its Philippine operations, a top bank official said.


Walter Manning, HSBC Philippines president and chief executive officer, said a double-digit growth rate is achievable this year although none of its revenue activities would make any spectacular growth rates.


In 2004, HSBC Philippines recorded a P1.3-billion net income.


                    [DatePublished] => 2005-10-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 290906
                    [Title] => HSBC issues record 98,000 credit cards in H1
                    [Summary] => The number of new credit cards issued by Hongkong and Shanghai Banking Corp. (HSBC) in the Philippines reached a company record of 98,000 during the first six months of 2005, bank official said yesterday. 


If the current trend is sustained in the second semester, HSBC officials said they are optimistic that the Philippine card operations could achieve record levels.


"We have already recorded the highest growth rate in the industry reaching 25.2 percent in the first half of the year," said Martin Cook, HSBC deputy chief executive officer, in a press briefing. 

                    [DatePublished] => 2005-08-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 276887
                    [Title] => Unbelievable
                    [Summary] => Given a chance, it seems most Filipinos wouldn’t mind being given another  television set. 


"The TV ranked second among the items that our survey group wanted to have," said  HSBC (Phils) senior vice-president for marketing Suresh Nadoo. "We took that insight and  tied up with like-minded Samsung Phils. for a campaign  that is so different from the usual raffle, where only a few end up as winners."


                    [DatePublished] => 2005-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1488513
                    [AuthorName] => Margaret Jao-Grey 
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
                )

        )

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abtest

HSBC to expand banking network in RP

By Ehda Dagooc | February 24, 2007 - 12:00am

The Hong Kong and Shanghai Banking Corporation (HSBC), known for its slogan "The World's Local Bank" is expanding its network of savings bank in the Philippines, owing to the favorable economic environment...

Freeman Cebu Business

HSBC expects double-digit income growth

By Ted P. Torres | October 12, 2005 - 12:00am

HSBC is optimistic of a double-digit growth in net income this year in its Philippine operations, a top bank official said. Walter Manning, HSBC Philippines president and chief executive officer, said a double-digit...

Business

HSBC issues record 98,000 credit cards in H1

By Ted P. Torres | August 11, 2005 - 12:00am

The number of new credit cards issued by Hongkong and Shanghai Banking Corp. (HSBC) in the Philippines reached a company record of 98,000 during the first six months of 2005, bank official said yesterday. If the...

Business

Unbelievable

By Margaret Jao-Grey  | May 9, 2005 - 12:00am

Given a chance, it seems most Filipinos wouldn’t mind being given another television set. "The TV ranked second among the items that our survey group wanted to have," said HSBC (Phils) senior vice-president...

Business As Usual