The World’s Local Bank to Conquer Central Europe from Ostrava
Ostrava, 17 October 2007 – HSBC, “The world’s local bank”, opened a new Regional Service Centre for CEE in Ostrava today, laying the foundation stone for its expansion into Central and Eastern Europe. From here it will provide personal financial services and also intends to significantly expand current corporate and institutional banking services throughout Central and Eastern Europe. Over next three years the total investment in the project should reach up to CZK half a billion and up to 440 employees should find work here by 2010. HSBC has rented office space in Ostrava’s newly opened Orchard complex with a total area of 4,400 square meters for the centre.
“HSBC is bringing modern know-how and top-quality technology to the Czech Republic,” said HSBC CEO for Central and Eastern Europe Guy Hamilton. “Ostrava, until now regarded as an exclusively industrial area, is a strategically important location for the expansion of services throughout the region for us.” HSBC also wants to progressively open Customer Service Centers in other countries in Central and Eastern Europe. “We consider the Ostrava services centre project an excellent opportunity for finding local talented people who will help us grow our business in Central and Eastern Europe. We aim to train our future employees while they are still in education. There a wide-ranging co-operation with universities across the region is being prepared by our team,” concluded Hamilton.
HSBC Bank plc opened its Prague branch in May 1997. It provides a comprehensive range of banking services focused on large local and international companies and personal investment products for individuals. The HSBC group is based in London and is one of the world’s largest banking and financial organizations. It provides services to 125 million customers and has 312,000 employees in 10,000 branches in 83 countries and territories around the world.
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