HSBC Amanah to Open 26 Branches By 2013    
Industry News

Source: Bernama

KUALA LUMPUR, Nov 23 (Bernama) -- HSBC Amanah Malaysia Bhd aims to open 26 branches by 2013, HSBC Bank Malaysia Bhd Deputy Chairman Mukhtar Hussain said Tuesday.

He was speaking at the official launch of HSBC Amanah's eighth branch in Bangsar here by Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin.

"HSBC Amanah's suite of commercial banking products is suitable for businesses looking for an alternative to conventional banking and also seeking global connectivity.

"As HSBC Amanah aims to provide a world class service platform by leveraging from the HSBC Group and its global connectivity, we are able to offer customers a complete Islamic finance proposition," Muhktar said.

HSBC Amanah offers a full suite of innovative Shariah-compliant propositions for both retail and corporate customers.

On Monday, Rafe Haneef was appointed HSBC Amanah Malaysia's new chief executive officer.

"Rafe is a Malaysian who has experience in financial services. I am sure he will take care the business forward," said Mukhtar.

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