HSBC Bank Australia
HSBC Bank Australia Limited (formerly the Hongkong Bank of Australia Limited) has a banking license in Australia since 1986. The Bank is a subsidiary of the Hongkong and Shanghai Banking Corporation Limited and part of HSBC Group. HSBC Bank Australia Limited is a leading international bank in Australia, offering a comprehensive service for private and business customers.
The bank currently has 25 offices in Australia, but she plans to open up to 100 outlets by 2020.
History
HSBC was granted a banking license in Australia after the Australian government had changed the rules for foreign banks in the country in 1986. HSBC was not the first foreign bank that has been operating in Australia, this was Chase -AMP, but she was the first foreign bank to be active in the business customer segment.
- Life and pensions products are introduced.
- 2001: acquisition of NRMA Building Society Limited.
- Online banking for private customers is introduced.
- 2005: Sale of Australian asset management Challenger Financial Services.
- 2006: A portion of the mortgage business is sold to FirstMac.
- Parts of the business operations of Westpac in Australia and New Zealand are adopted.
- Part of the credit business is sold to the St.George Bank
- Sale of the Australian online share trading on the E * TRADE Bank
- 2008: Foundation of Global Investments operating branch.