Wednesday September 17, 2014 Search
Weather | Athens
28o C
21o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
HSBC poised for fully active role in the country’s recovery

By Evgenia Tzortzi

In an interview with Kathimerini, HSBC’s CEO in Greece Steve Banner is upbeat about the prospects of a Greek recovery and says the bank is well positioned to assist local companies in the process.

In contrast to other global banks, HSBC opted to remain in Greece. What led to this decision?

Despite the challenges due to the unfavorable economic environment, Greece is showing the first signs of recovery and HSBC can play a clear role and contribute substantially in this direction. For instance, it was among the global banks that supported Greece’s return to international bond markets last April. HSBC also played an important role in the return of the systemic Greek banks as well as several leading local enterprises to capital markets. On the one hand, we are in the position to support Greek enterprises in their expansion abroad and, on the other, we can help Greek companies link up with international trade and international business partners. At the same time, HSBC is also in a favorable position to support international companies interested in investing in Greece. In addition, the bank continues to offer its 100,000 retail banking clients access to a broad array of investment services, using its international strength, experience and know-how.

What are your plans for the Greek market and what sectors are you interested in?

We offer a broad range of banking services in Greece but, as a global bank, we follow a more focused strategy, seeking to be the best wherever we have chosen to have a strategic presence. HSBC’s wholesale banking team provides a full range of financial services to companies, focusing particularly on businesses with an international orientation. In retail banking, HSBC is considered a specialist in wealth management. We focus our attention on the provision of individualized solutions through the Premier and Advance global services and we will continue in this direction, giving our clients multiple investment options.
Additionally, we recently began being more active as regards lending solutions to our private clients, mainly focusing on mortgages, but we have also increased the range of our lending services. Another sector we focus on is maritime financing, which was also the original reason for establishing a presence in Greece. We offer a broad range of financial services to maritime companies and this sector will be of key importance to us in future.
 

ekathimerini.com , Monday August 18, 2014 (21:57)  
Sports events extend season of tourism
Gov’t to ask for subsidy return
Shipping sector concentrates but still expands despite crisis
First step toward transformation of Athenian Riviera
Pensions audit draws money, finds major fraud
A review of all the pensions being issued by the Greek state which started two years ago in a bid to weed out false claims has resulted in savings of 42.2 million euros, Alternate Finance Mi...
Athens dismisses Davutoglu´s invitation to tea on Cyprus
Turkey’s new Prime Minister Ahmet Davutoglu visited the occupied part of Cyprus on Tuesday and suggested that Greek Premier Antonis Samaras should join him there for peace talks but Athens d...
Inside News
SOCCER
Mitroglou seals Olympiakos´s 3-2 triumph over Atletico
Costas Mitroglou returned to scoring after 10 long months to seal a famous victory for Olympiakos in the Champions League as the Greek champion defeated visiting Atletico Madrid 3-2 on Tuesd...
SOCCER
Olympiakos, Atletico gear up for Champions League opener
A rousing 2-1 La Liga victory at Real Madrid on Saturday may suggest otherwise, but Atletico Madrid is still rebuilding after losing several key players in the close season, coach Diego Sime...
Inside Sports
FOCUS
Democracy´s many guises and challenges
The wilting Arab Spring, conflict in Ukraine, slaughter in Iraq and Syria, citizens not trusting their governments and Europeans losing their enthusiasm for the Union – most places you look ...
COMMENTARY
Lessons not learned
One year since the assassination of rapper Pavlos Fyssas by a member of Golden Dawn in Keratsini, southwestern Athens, we now know a lot more about the activity of the neo-Nazi party’s hit s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Mitroglou seals Olympiakos´s 3-2 triumph over Atletico
2. Sports events extend season of tourism
3. Gov’t to ask for subsidy return
4. Shipping sector concentrates but still expands despite crisis
5. First step toward transformation of Athenian Riviera
6. Pensions audit draws money, finds major fraud
more news
Today
This Week
1. Greece at bottom of social justice scale among EU28
2. Lessons not learned
3. Golden Dawn candidate found guilty of inciting racist violence
4. Promises, promises
5. Thessaloniki woman arrested for cashing in dead aunt's pension
6. PM to inaugurate new surgery wing at Evangelismos Hospital
Today
This Week
1. Greece on standby
2. A Greek God
3. Avramopoulos appointed Commissioner for Migration and Home Affairs
4. Central Athens traffic restrictions back in force on Monday
5. Pavlos Fyssas murder trial expected to start before the end of the year
6. EU bank tests may miss trillion dollar risk, study finds
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.