HSBC has been present in Sri Lanka for 120 years. Hong Kong and Shanghai Banking Corporation Limited established its first branch in Colombo, Sri Lanka on July 1, 1892, just 27 years after its admission to Hong Kong and Shanghai. It has established itself as one of the largest and most profitable banks in the country. She has developed leadership in corporate banking, capital markets and credit card issuance. On January 1, 2009, HSBC began operations of its locally registered entity and became the first foreign bank to be established in Vietnam, having received approval from the State Bank of Vietnam (SBV) to establish a wholly foreign-owned bank (WFOB) in Vietnam in September 2008. The Hong Kong and Shanghai Bank was founded in British Hong Kong in 1865 and incorporated in 1866 as the Hong Kong and Shanghai Banking Corporation. It was renamed “The Hongkong and Shanghai Banking Corporation Limited” in 1989. It is a founding member of the HSBC banking and corporate group and has been the namesake and one of the principal subsidiaries of HSBC Holdings PLC, based in London, since 1990. The company`s activities range from the traditional roles of retail banking, commercial banking, corporate banking to investment banking, private banking and the world bank. On 6 October 1989, it was renamed Hong Kong and Shanghai Banking Corporation Limited by the Legislative Council by amending its original Ordinance of 1929 and registered as a regulated bank with the Banking Commissioner of the Government of Hong Kong. [11] Hong Kong and Shanghai Banking Corporation Limited (Chinese: 香港上海滙豐銀行有限公司), commonly known as HSBC (Chinese: 滙豐; Cantonese Yale: Wuihfūng), was the parent company of the multinational banking group HSBC until 1991 and is now its Asia-Pacific subsidiary based in Hong Kong.
HSBC, Hong Kong`s largest bank, operates branches and offices throughout the Indo-Pacific region and other countries around the world. It is also one of three commercial banks authorized by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. Although the Hong Kong government on 3. In September 1926, on the instructions of the Secretary of State for the Colonies, HSBC changed the official spelling from “Hong Kong” to “Hong Kong”,[44] HSBC used the old Hong Kong, as the bank`s name was conceived before the official explanation of the modern two-word name, and it was decided to keep the spelling of a single word in the bank`s name: Hong Kong. Known as General Manager prior to 1986; In 1991, the position of Chief Executive Officer of HSBC Group was created, with the Managing Director of Hong Kong Shanghai Banking Corporation now the Regional Director for Asia Pacific. [43] In Singapore, Hong Kong and Shanghai Banking Corporation Limited is a full-service bank headquartered at Collyer Quay. It opened in December 1877. In 2016, HSBC established a locally registered bank in Singapore and transferred its retail and wealth management activities from the HSBC Singapore branch to the locally registered bank. [28] [29] Today, HSBC`s flagship is located at its original location in Collyer Quay, where the first branch was opened. Its head office is located at Mapletree Business City in Pasir Panjang, HarbourFront. 2. The total number of shares held by HKSCC Nominees Limited shall be equal to the total number of H shares held by all institutional and retail investors holding accounts with HKSCC Nominees Limited at the end of the reporting period.
The data included 249,218,915 and 7,644,877,777 H shares, respectively, indirectly owned by Hong Kong and Shanghai Banking Corporation Limited (“HSBC”) and .dem National Council for Social Security Fund (“SSF”) and registered under HKSCC Nominees Limited. The data did not include 13,886,417,698 and 1,405,555,555 H shares of the Bank held directly by the two shareholders mentioned above and recorded in the Bank`s glut register. 1. In April 2007, the offices of the Hong Kong and Shanghai Banking Corporation were transferred in mainland China to its subsidiary HSBC Bank (China), which commenced operations on 2 April.