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HSBC INDONESIA PAVES THE WAY Group HSBC Key Focus:
ASEAN – Indonesia continues to play a
significant role in liberalising the flow of
FOR OPPORTUNITIES goods, services, capital and, ultimately,
skilled labour within the region in a bid to
raise its competitiveness and facilitate
investment in infrastructure. HSBC has
As the largest ASEAN economy, Indonesia has the potential played an active role in the development
to become the seventh largest economy in the world by 2030. of the economies and infrastructure of
ASEAN countries for the past 150 years.
Indonesia’s rising middle class, with 60% of its population young HSBC has more than 200 branches in the
and productive, massive infrastructure development and more six largest markets in ASEAN. We are by
far the leading foreign bank in Vietnam,
than 65% of the growth taking place outside the island of Java, and among the top leading foreign banks
create opportunity for HSBC Group to tap into Indonesia’s in Singapore and in Indonesia. We are well
placed to help our customers capture the
vibrant market. opportunities that arise from these trends.
ever to help its customers capitalise on an Belt & Road Initiative – Given Indonesia’s
Indonesian growth story. The company’s strong focus on infrastructure, there are
capability is fuelled by excellent regional many other opportunities and synergies
connectivity with fellow ASEAN economies between the Belt and Road initiative
and the links with China’s Belt and Road and Indonesia’s growth initiatives.
initiative. This is the kind of business the We believe that Belt and Road is good
company wants to grow in Indonesia: valuable for infrastructure investment; good
for Indonesia and for the entire group. for savers and investors; and good for
Growth in Indonesia, already the largest Indonesian prosperity. As experts
economy in the ASEAN economic bloc, is Sumit Dutta, President Director (designate) in debt, equity and project financing,
being driven by a powerful combination of of PT Bank HSBC Indonesia, sees that the HSBC can play an instrumental role
rising affluence, urbanisation and integration will represent a perfect in arranging and advising on funding
infrastructure investments to support its combination of HSBC Indonesia’s strong for the planned infrastructure.
youthful population of almost 250 million product offering and Bank Ekonomi’s
people. That dynamic mix, coupled with an geographical spread. PT Bank HSBC Digital Banking & Innovation –
entrepreneurial and innovative business Indonesia will enable businesses to thrive Digital technology is rapidly changing
culture, has put the country on track to be and ultimately help customers fulfil their the world. At HSBC (as a group) we’re
the world’s seventh largest economy in terms hopes and realise their ambitions. working alongside fintech companies to
of gross domestic product (GDP) by 2030. harness the opportunities arising from
“In Indonesia, our aim is to become the new technology to offer a wider range of
In Indonesia, HSBC Group has become the leading international bank, with a combined products while making banking simpler
first international bank to integrate its network of more than 90 branches in 29 and more secure for our customers. We
foreign bank branches into its local banking cities. The integrated bank is now one of the are investing more than US$2 billion in
subsidiary. This is a major milestone in the largest banks in the country with an digital transformation. This has already
Group’s 132-year history in Indonesia and extensive domestic presence as well as the resulted in a series of new technologies
reinforces the bank’s long-term commitment largest global network. We will grow in retail being made available to our retail and
to the country. and business banking through investment in corporate clients – as well as numerous
distribution and digital, and we will further partnerships that will help us stay at
The creation of PT Bank HSBC Indonesia expand our strong position in corporate and the forefront of digital innovation.
means that the company is better placed than cross-border business,” said Dutta.
HSBC’s long presence in Indonesia is reflected in
2017
the following significant milestones in our history:
The integration of with the largest
banking operations domestic footprint as
from being a foreign well as a local bank
1884 1896 1968 1990 2009 bank branch of HSBC with the largest global
in Indonesia with PT
network. PT Bank
Bank HSBC Indonesia HSBC Indonesia has
First branch opened in Surabaya branch HSBC Indonesia HSBC Bandung, HSBC acquired local (HBID), formerly PT around 5,000 staff
Batavia (Old Town opened to support the reopened after ceasing Batam, Medan and bank Bank Ekonomi Bank Ekonomi spread across 29 cities
Jakarta) sugar trade in the operation due to the Semarang opened Raharja Raharja, to become an in 99 branches across
region Second World War international bank the country
HSBC INDONESIA PAVES THE WAY Group HSBC Key Focus:
ASEAN – Indonesia continues to play a
significant role in liberalising the flow of
FOR OPPORTUNITIES goods, services, capital and, ultimately,
skilled labour within the region in a bid to
raise its competitiveness and facilitate
investment in infrastructure. HSBC has
As the largest ASEAN economy, Indonesia has the potential played an active role in the development
to become the seventh largest economy in the world by 2030. of the economies and infrastructure of
ASEAN countries for the past 150 years.
Indonesia’s rising middle class, with 60% of its population young HSBC has more than 200 branches in the
and productive, massive infrastructure development and more six largest markets in ASEAN. We are by
far the leading foreign bank in Vietnam,
than 65% of the growth taking place outside the island of Java, and among the top leading foreign banks
create opportunity for HSBC Group to tap into Indonesia’s in Singapore and in Indonesia. We are well
placed to help our customers capture the
vibrant market. opportunities that arise from these trends.
ever to help its customers capitalise on an Belt & Road Initiative – Given Indonesia’s
Indonesian growth story. The company’s strong focus on infrastructure, there are
capability is fuelled by excellent regional many other opportunities and synergies
connectivity with fellow ASEAN economies between the Belt and Road initiative
and the links with China’s Belt and Road and Indonesia’s growth initiatives.
initiative. This is the kind of business the We believe that Belt and Road is good
company wants to grow in Indonesia: valuable for infrastructure investment; good
for Indonesia and for the entire group. for savers and investors; and good for
Growth in Indonesia, already the largest Indonesian prosperity. As experts
economy in the ASEAN economic bloc, is Sumit Dutta, President Director (designate) in debt, equity and project financing,
being driven by a powerful combination of of PT Bank HSBC Indonesia, sees that the HSBC can play an instrumental role
rising affluence, urbanisation and integration will represent a perfect in arranging and advising on funding
infrastructure investments to support its combination of HSBC Indonesia’s strong for the planned infrastructure.
youthful population of almost 250 million product offering and Bank Ekonomi’s
people. That dynamic mix, coupled with an geographical spread. PT Bank HSBC Digital Banking & Innovation –
entrepreneurial and innovative business Indonesia will enable businesses to thrive Digital technology is rapidly changing
culture, has put the country on track to be and ultimately help customers fulfil their the world. At HSBC (as a group) we’re
the world’s seventh largest economy in terms hopes and realise their ambitions. working alongside fintech companies to
of gross domestic product (GDP) by 2030. harness the opportunities arising from
“In Indonesia, our aim is to become the new technology to offer a wider range of
In Indonesia, HSBC Group has become the leading international bank, with a combined products while making banking simpler
first international bank to integrate its network of more than 90 branches in 29 and more secure for our customers. We
foreign bank branches into its local banking cities. The integrated bank is now one of the are investing more than US$2 billion in
subsidiary. This is a major milestone in the largest banks in the country with an digital transformation. This has already
Group’s 132-year history in Indonesia and extensive domestic presence as well as the resulted in a series of new technologies
reinforces the bank’s long-term commitment largest global network. We will grow in retail being made available to our retail and
to the country. and business banking through investment in corporate clients – as well as numerous
distribution and digital, and we will further partnerships that will help us stay at
The creation of PT Bank HSBC Indonesia expand our strong position in corporate and the forefront of digital innovation.
means that the company is better placed than cross-border business,” said Dutta.
HSBC’s long presence in Indonesia is reflected in
2017
the following significant milestones in our history:
The integration of with the largest
banking operations domestic footprint as
from being a foreign well as a local bank
1884 1896 1968 1990 2009 bank branch of HSBC with the largest global
in Indonesia with PT
network. PT Bank
Bank HSBC Indonesia HSBC Indonesia has
First branch opened in Surabaya branch HSBC Indonesia HSBC Bandung, HSBC acquired local (HBID), formerly PT around 5,000 staff
Batavia (Old Town opened to support the reopened after ceasing Batam, Medan and bank Bank Ekonomi Bank Ekonomi spread across 29 cities
Jakarta) sugar trade in the operation due to the Semarang opened Raharja Raharja, to become an in 99 branches across
region Second World War international bank the country
