HSBC to help local businesses conquer overseas markets

HSBC, is poised to help local businesses conquer international markets. Their proven performance and global presence, including market expertise in the fastest growing economies in the world, makes HSBC not only the world’s local bank, but also the world’s trade and supply chain bank.

In Sri Lanka more than 80 percent of all businesses are made up of small and medium enterprises (SME), with approximately 50 percent of the country’s GDP being generated by this sector, underpinning the growth in economy.

Also, the SME sector is predominantly made up of family owned and closely held private companies who restrict themselves from venturing into international markets. However, HSBC with its local expertise and unrivalled global resources can help customers overcome these challengers by offering a comprehensive financial solution that aims to satisfy their diverse business needs both, locally and internationally. Senior Business Banking Manager at HSBC Kelum Edirisinghe said, “SMEs are a key segment for our corporate banking business here at HSBC. We proactively engage our SME customers to understand the challenges they face and respond to their aspirations and needs”.