From its growing consumer base to the rapid rate of digital transformation, expanding your business across ASEAN offers exciting opportunities. You need a partner with an extensive network to help you scale with the full suite of tailored services including access to capital, easy cross-border transactions, advisory services, and more.
Don’t expand your business across ASEAN, unless you’re with a bank that’s done it before.
ASEAN is a huge opportunity for ambitious businesses, but we also know that with such opportunities come equally varied challenges. With our broad and deep international networks, we can connect you to experienced on-the-ground experts, solutions and more to help you take uncertainty out of expansion.
Hear from HSBC Philippines’ President and CEO Sandeep Uppal on the opportunity dawns for foreign investors in the Philippines.
Read the articleWe make achieving your ASEAN business growth strategies easier with:
Innovative Trade Products
Across ASEAN, we offer customised and innovative structured trade finance solutions, including supply chain finance, receivables finance, export finance, tailored to help businesses effectively manage and mitigate risks, improve cash flow and optimise their trade operations.
Simple Payment Solutions
Simplify your collections with HSBC Omni Collect, a one-stop solution for your in-store and eCommerce needs. Improve customer experience by enabling multiple payment modes, and monitor transactions online to identify new sales trends.
China Desk Network
HSBC offers our China Desk Network in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam with individual experts based who can speak Chinese and provide valuable insights into local business practices, cultures and legal environments. They can also help clients identify growth opportunities and enter new markets in ASEAN.
Access to Capital with our ASEAN Growth Fund
Tap into the US$1 billion ASEAN Growth Fund, designed for businesses scaling up in the region, offering accessible and strategic debt financing. For more information on criteria’s, please reach out to your HSBC RM or contact us in the form below.
More than 135 Years of Regional Expertise
Harness HSBC’s extensive regional experience. Benefit from local insights, dedicated support, and comprehensive market research for a competitive advantage in ASEAN markets.
Corporate Account Opening across ASEAN
Enjoy hassle free expansion and open up to six ASEAN accounts together with our centrally coordinated team.
- The ASEAN Growth Fund will be revised periodically.
- Lending criteria is up to HSBC’s discretion.
- One week account opening can only be achieved if all the right, completed documentation is provided and if the Customer Due Diligence process doesn’t reveal high risk indicators.
- HSBC reserves the right to request additional documents, subject to local regulatory requirements.
- HSBC is able to provide single point of contact service for account opening in markets & territories beyond ASEAN.
- You can open an HSBC corporate account in ASEAN, including the Philippines, Singapore, Vietnam, Thailand, Malaysia and Indonesia.
Don’t just take our word for it, we’re award-winning
Recently, we’ve received recognition from leading publications in the financial industry which speaks to our track record as a global bank and the success of our strategy.
- Euromoney Trade Finance Survey 2024: Market Leader for Trade Finance in the Philippines (6th consecutive year)
- Euromoney Cash Management Survey 2023: Market Leader for Non-Financial Institutions in the Philippines
- FinanceAsia Country Awards 2023: Best International Bank in the Philippines
- Corporate Treasurer Awards 2022: Best Cash Management Bank and Best Trade Finance Bank in Philippines
Why the Philippines?
HSBC has been in the Philippines for nearly 150 years. We are the market leader in a range of services including trade financing and domestic cash management.
- Year of establishment: 1875
- Presence: 6 branches and a Global Service Centre
- Regional Relationship Managers support regional decision makers with a significant multi-market footprint.
If you’re looking to expand your business into the Philippines and ASEAN, discover more details about local taxes, trading, business culture, regional economies, and more. Visit our latest International Business Guides
Keep up to date with the latest insights
Visit our ASEAN Insights Hub to keep your finger on the pulse with our latest research, articles and podcasts.
Latest insights from ASEAN businesses
Discover new sentiment and focus for ASEAN businesses from our survey of 600 finance decision makers in the region.
ASEAN in Focus
Our ASEAN in Focus report gives you latest market insights and ambitions of international companies expanding to ASEAN.
International Business Guides
Discover more about doing business in ASEAN markets and beyond. Get details about taxes, trading, business culture, regional economies, and more.
Download the latest corridor reports to learn more the opportunities between ASEAN and specific regions.
How we support our clients
Whether you are expanding to markets across ASEAN or around the world, discover inspiration for your business from our customers’ stories.
Pilmico & Gold Coin
Expanding your business internationally and entering overseas markets is an exciting but challenging journey. Pilmico & Gold Coin grew their business to 8 countries with comprehensive regional treasury support and digital banking solutions from HSBC.
How is Prime Infrastructure supporting sustainable waste management in the Philippines?
Find out how Manila-based Prime Infrastructure is investing in waste management to keep the Philippines’ sustainable development on track.
Find out moreOur ASEAN markets and connections
Read more about our offering across our 6 ASEAN markets.
Learn more about ASEAN
The Association of Southeast Asian Nations (ASEAN), established in 1967, promotes regional cooperation and integration. It drives economic growth and stability in Southeast Asia, with a combined GDP of over US$3 trillion. ASEAN consists of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, forming a vibrant market for economic development.
Interested in expanding your business to ASEAN?
ASEAN Statistical Highlights 2023 – ASEAN Org.,
ASEAN DEFA Study – ASEAN Org.
The Association of Southeast Asian Nations (ASEAN)
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