Thailand Financial News

HSBC has launched a Hong Kong Interbank Offered Rate(HIBOR) mortgage plan with a special promotional period from now until 30 April 2010. The rate of interest is based on the one-month HIBOR plus 0.65 per cent with the new loan drawdown date to be on or before 30 June 2010. (more…)

HSBC today said it fully supports the decision of the Hong Kong Special Administrative Government (HKSAR) to extend the Special SME Loan Guarantee Scheme (SpGS) and the Bank will provide a new preferential offer to its commercial banking customers under the scheme. (more…)

IRON ORE… SINGAPORE - IntercontinentalExchange, Inc., a leading operator of global regulated futures exchanges, clearing houses and over-the-counter markets, today announced the introduction of an ICE OTC cleared iron ore contract based on the well-regarded Platts Iron Ore Index. (more…)

HSBC has obtained approval from the Financial Supervisory Commission (FSC) in Taiwan to set up a local subsidiary. Local incorporation will enhance HSBC’s presence in Taiwan, supporting the growth strategy for one of the key facets of the Group’s Greater China platform.

The new entity, HSBC Bank (Taiwan) Limited, will be headquartered in Taipei and will be a subsidiary of The Hongkong and Shanghai Banking Corporation Limited, the founding and a principal member of the HSBC Group, one of the world’s largest banking and financial services organisations.

Vincent Cheng, Chairman of HSBC Asia Pacific, said: “Today, we open a new chapter in the Group’s development in the Greater China area. (more…)

HSBC is offering special discounts and exclusive privileges to HSBC Premier Master Card  and HSBC Visa Platinum Card holders when purchasing membership from leading hotels in Bangkok, including the Intercontinental Hotel, Millennium Hilton Hotel, Dusit Thani Hotel and Shangri-la Hotel, from now until 31 December 2009.

Media enquiries to Natthanicha Worawannaseth at 0-2614-4366 (more…)

CEO of HSBC Thailand, Willie Tham, congratulates Thongchai Jaidee on his outstanding performance as he finished the HSBC Champions Tournament with a top-20 ranking. HSBC Group is the main sponsor of the World Golf Championships tournament which was recently held at the Sheshan International Golf Club in Shanghai. (more…)

HSBC has become the first bank in Thailand to successfully complete a Renminbi (RMB) denominated trade settlement for one of the bank’s corporate customers.

Following the recent launch of the Chinese government’s pilot programme to allow RMB in cross-border trading, HSBC is offering RMB settlement service to corporate customers in Thailand. (more…)

The Stock Exchange of Thailand (SET), in cooperation with the Islamic Bank of Thailand (I-Bank), MFC Asset Management PCL (MFC), and One Asset Management Ltd. (ONEAM), held a roadshow in Dubai and Abu Dhabi, United Arab Emirates; Doha, Qatar; and Kuwait City, Kuwait during October 10-16. (more…)

Mentor International and HSBC Presenting a professional development seminar Communications Management Success Story: Pathway to success of Blackberry

Saturday 14th November, 2009 13.00 – 15.30 hrs.

Monthatip Rooms 3-4, the Four Seasons Hotel, Bangkok

Mentor International, a leading overseas educational consultancy in Thailand, in collaboration with HSBC in Thailand is holding a professional development seminar on “Communications Management Success Story: Pathway to success of Blackberry”. (more…)

HSBC Credit Card is serving up some tasty dining privileges to its cardholders, allowing both a healthier lifestyle and bank balance during the Vegetarian Festival. HSBC cardholders will receive discounts of up to 20%, together with other privileges, on a wide variety of vegetarian dishes at leading hotels and Chinese restaurants such as the Taihei Restaurant, Banyan Tree Bangkok; Hong Teh Restaurant, The Ambassador Bangkok; Lin-Fa Chinese Restaurant, Siam City Hotel; Shanghai Xiaolongpao; See Fah Restaurant; Coca Restaurant; Royal Kitchen; Shangrila Kitchen; Lee Caf? and many more fine dining establishments. (more…)