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HSBC’s
CEO for Asia Pacific reiterates bank’s commitment
to Sri Lanka, SMEs
By
Nizla Naizer
HSBC yesterday, reiterated its commitment
to Sri Lanka by expanding its micro financing network
to include the Small and Medium Enterprise (SME) sector
through an expanded internet banking service and by
introducing its debit cards to the market.
CEO for HSBC, Sri Lanka and Maldives, Nick A. Nicolaou
pointed out that they are focussing on using internet
technology to reach rural SMEs and assist them with
micro financing projects. He said that they are aiming
at introducing ‘world class products’ like
debit cards and internet banking services aimed at SMEs
and informal business groups.
HSBC’s CEO for the Asia Pacific Region, Sandy Flockhart
on his first visit to the island, said at a media briefing
yesterday that he was very impressed with the progress
made by HSBC here in the last three years, and that
he hopes for a more ‘organic’ growth for the
organisation.
When asked about the challenges faced in Sri Lanka,
Flockhart stated that Sri Lanka’s economy has been
growing positively and Full
Story....
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