Despites the impacts of the global financial crisis, the Hong Kong and Shanghai Banking Corporation (HSBC) last year gained high growth with the total pre-tax profit reaching more than VND1.018 trillion. Its total asset, as of late 2009, was estimated at more than VND36.689bln…

HSBC is the first foreign bank to open its branches in HCM city and Ha Noi. It is expected that HSBC’s Binh Duong branch will be inaugurated on July 1, 2009.

 

Reported by Duy Khang-Translated by K.T