HSBC (Quezon City)

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The HSBC Group is represented in the Philippines through The Hongkong and Shanghai Banking Corporation Limited; and its subsidiary, the locally-incorporated HSBC Savings Bank (Philippines) Inc. HSBC opened its first branch in the Philippines in Binondo in November 1875. In 1883, a second branch was opened in Iloilo to serve the growing sugar industry. In 1971, the branch in Binondo was moved to Makati City. Ten years later, in 1981, the Iloilo branch was closed and a new branch in Ortigas Center, Pasig City, was opened.

Through the Foreign bank Liberalisation Act of 1994, HSBC was able to establish more branches in the country to better serve its growing clients. The Binondo branch was re-opened in 1995, followed by the opening of the Cebu branch in 1996, and in Quezon City in 1999. To cater to the needs of our clients in the Visayas and Mindanao regions, a branch was opened in Davao in 2006, and a second Cebu branch in 2007. The most recent addition is the branch in the Bonifacio Global City in Taguig, bringing the total number to eight branches.

In December 2000, HSBC acquired PCIB Savings Bank, a locally-incorporated thrift bank. Renamed HSBC Savings Bank (Philippines) Inc, it operates a total of 16 branches in key locations in Metro Manila and in the Luzon province.

HSBC in the Philippines provides a comprehensive range of financial services: personal, commercial, corporate, trade services, cash management, treasury and capital markets services, trust services; and custody services.

HSBC is committed to the well-being of the communities wherein it operates. In its work in the community, HSBC has focused on education for underprivileged children and the environment. While it considers other causes, the Bank aims to concentrate at least 75% of its charitable funding to these two areas.

website: www.hsbc.com.ph/