At HSBC, our knowledge goes beyond just understanding individual ASEAN markets, but understanding how to navigate the dynamics and connections between them. HSBC’s strong foundation of connected knowledge with an innovative solution provides a seamless banking experience for our customers. Our offering aims to help international companies capture the growth across ASEAN.

How HSBC can help
Back to Business opportunities in ASEANOur ASEAN offering
1. HSBC Group Factbook, 2021; *Services and platforms stated are subject to availability in selected countries.
Open new opportunities across ASEAN
Find out more on how we can support your business growth in ASEAN.

Our ASEAN heritage & experience

As the world’s number one trade bank1, and with over 130 years of presence in ASEAN, HSBC is well established to support your business growth and enable you to tap into new opportunities. Our teams on the ground and unrivalled global network are able to provide an in-depth understanding of market dynamics paired with our bespoke solutions to ease your market access into ASEAN and beyond.
* HKTDC Research ASEAN: Market Profile, 2021, ISEAS; 1. https://www.hsbc.com/news-and-media/hsbc-news/hsbc-tops-trade-finance-poll
HSBC in Philippines

- HSBC is a universal bank that offers local corporates, multinationals and international subsidiaries, financial institutions and public sector clients best-in-class services, financial security and international connectivity
- Operating in the Philippines since 1875 with 8-strong branch network located in Metro Manila and the regional cities of Cebu and Davao.
- HSBC Philippines commands a solid market position, with its combination of local market knowledge and global expertise
Key facts and figures
Date of establishment: 1875
Presence: 8 Branches and Global Service Center
The Philippine government is investing in the “Build Build Build” program. Under this program, the country is investing USD200 billion in rebuilding its infrastructure across the entire country encompassing power generation plants, dams, roads, airports which will help bring down the costs of production, improve rural incomes, encourage countryside investments, make the movement of goods and people more efficient, and create more jobs. For companies wanting to do business in the Philippines, this is an exciting time to be part of the infrastructure rebuild story.
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Our Experience
Case Study: Philippines Professional Services Company
How HSBC Helped in Supporting digital initiatives in the Philippines by migrating a major professional services company’s employee payments to Pesonet
Case Study: Pioneering treasury operations in Thailand
When the world's biggest canned tuna producer wanted to streamline liquidity flows and cut funding costs to support a global expansion from its home base in Thailand through Europe and the United States, HSBC was there to help.
Client need
Streamline management of fund flows across continents and between time zones to improve working capital efficiency.
How HSBC delivered
HSBC's innovative solution created Thailand's first cross-border sweeping arrangement. The initiative, which involved securing a license from the Bank of Thailand to run the operation, gave the client confidence that HSBC had a deep understanding of their global business needs -- and the creativity to devise solutions to meet them,
Client benefit
Automated tasks previously done manually and unlocked cash sitting idle in accounts globally to help boost internal funding. The structure was awarded "Best Forecasting Strategy" in the Corporate Treasurer Awards 2015.
Case Study: Currency cushions for Malaysian rubber maker
A global expansion that turned a small rubber trader in Malaysia into the world's largest condom maker generating sales in 121 countries created a banking logistics and currency hedging problem that HSBC was perfectly positioned to solve.
Client need
A major international expansion created substantial foreign exchange risks across a globally diversified sales and manufacturing network, as well as the need for banking facilities around the world.
How HSBC delivered
HSBC's network value was fully leveraged. HSBC delivered account opening and credit facilities in a variety of locations to support the client's international expansion, integrating a clutch of newly acquired corporate assets, as well as implementing a suite of currency risk management solutions including Transactional FX, Algorithmic Execution, FX Indices, FX Overlay and FX Prime.
Client Benefit
Volatility smoothed by seamless 24-hour currency risk hedging from HSBC's global foreign exchange centres in London, New York and Hong Kong.
Our Recognition
HSBC’s commitment to ASEAN and Asia has been recognised in multiple awards covering Transaction Banking to Innovation to Sustainability.
- People Asia Magazine Awards, Bank of the Year
- International Retail Bank of the Year – Asian Banking and Finance Awards 2021
- Philippines Brand Experience Award of the Year – Banking, Asian Experience Awards
- Philippines Partner Experience Award of the Year – Banking, Asian Experience Awards
- Best Trade Finance Bank in the Philippines 2021, Euromoney Trade Finance Survey
- Best Domestic Cash Management Bank for Corporates 2021, Euromoney Cash Management Survey
- Top Custody House since 2008, Philippine Dealing System Holdings Corp. & Subsidiaries (PDS Group)
- Best Fund Administrator (5th year), The Asset
- Top 4 Best Local Currency Bond Individual for Trading 2021, the Asset
More on ASEAN
In partnership with Bloomberg
Find out the latest insights on ASEAN in partnership with Bloomberg
Why is ASEAN an opportunity
Now more than ever, companies from all over the world are looking to ASEAN to expand their operations from within the bloc around Asia and globally.
Interested in expanding your business to ASEAN?
Disclaimer
The Association of Southeast Asian Nations (ASEAN)
The content on this page (“ASEAN website”) was prepared by The Hongkong and Shanghai Banking Corporation Limited – Philippine Branch (“HSBC” or “we”).
The information contained in this ASEAN website is derived from sources we believe to be reliable but which we have not independently verified. HSBC makes no representation or warranty (express or implied) of any nature nor is any responsibility of any kind accepted with respect to the completeness or accuracy of any information, projection, representation or warranty (expressed or implied) in, or omission from, this ASEAN website. No liability is accepted whatsoever for any direct, indirect or consequential loss (whether arising in contract, tort or otherwise) arising from the use of or reliance on this ASEAN website or any information contained herein by the recipient or any third party. If you seek to rely in any way whatsoever upon any content contained in this ASEAN website, you do so at your own risk.
This ASEAN website does not constitute an offer or solicitation for, or advice that you should enter into or start using, any of the arrangement, product or services mentioned in this ASEAN website. Recipients should not rely on this ASEAN website in making any decisions and they should make their own independent appraisal of and investigations into the information described in this ASEAN website. No consideration has been given to the particular business objectives, financial situation or particular needs of any recipient. Any examples given are for the purposes of illustration only.
All the information set out in this ASEAN website is provided in good faith to the best of HSBC’s knowledge and understanding of the current law, rules, regulations, directions and guidelines governing or otherwise applicable to the relevant services offered by HSBC but HSBC makes no guarantee, representation or warranty and accepts no liability as to its accuracy or completeness. Future changes in such law, rules, regulations etc. could affect the information in this ASEAN website but HSBC is under no obligation to keep this information current or to update it. Expressions of opinion are those of HSBC only and are subject to change without notice.
Copyright © The Hongkong and Shanghai Banking Corporation Limited – Philippine Branch 2019. All rights reserved. No part of this ASEAN website may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of HSBC.
Issued by The Hongkong and Shanghai Banking Corporation Limited – Philippine Branch. The Hongkong and Shanghai Banking Corporation Limited is incorporated in the Hong Kong SAR with limited liability.
For inquiries or complaints, you may contact The Hongkong and Shanghai Banking Corporation Limited – Philippine Branch ("HSBC Philippines") through your dedicated Relationship Manager. If you want to find out more about HSBC Philippines' customer feedback procedures, please visit hsbc.com.ph/feedback. HSBC Philippines is an entity regulated by the Bangko Sentral ng Pilipinas (BSP). You may get in touch with the BSP Consumer Protection and Market Conduct Office through their Email at consumeraffairs@bsp.gov.ph or Webchat at http://www.bsp.gov.ph. Deposits are insured by PDIC up to P500,000 per depositor.
References for figures displayed in HSBC advertisements in Bloomberg Media sites:
ASEAN’s digital economy is set to double to over USD350 billion by 20251
ASEAN is thriving as the world’s fastest growing trade bloc2
A greener ASEAN offers a trillion-dollar opportunity by 2030 3
1 https://www.bloomberg.com/news/articles/2021-11-10/southeast-asia-internet-economy-to-surge-to-363-billion-by-2025
2 HKTDC Research ASEAN: Market Profile, 2021, ISEAS
3 https://www.bain.com/insights/southeast-asias-green-economy-pathway-to-full-potential/