A few months before the pandemic, HSBC Bank Malta launched a €250 million HSBC International Business Fund (HIBF), half of which has already been taken up. As shown in the Navigator Survey carried out by HSBC at the end of 2020 with participation by over 10,000 companies in 39 countries and territories, three quarters of businesses are positive on international trade prospects over the next two years.
With Commercial Banking offices in 53 countries and territories, and more than 5,000 Commercial Banking relationship managers, HSBC is in a unique position to connect potential customers looking to expand into new markets and to support local businesses as they adapt and change their business model post pandemic. Through HIBF, businesses are able to exploit international opportunities and take their business to new horizons.
Joyce Grech, Head of Commercial Banking at HSBC Malta said: “As business life picks up, there is renewed optimism about future opportunities. Throughout the pandemic, HSBC has worked hard to support businesses in Malta and we now intend to continue this partnership through the recovery. Through HIBF, we will again support entrepreneurs in Malta looking to expand into new markets internationally. HSBC business customers looking to internationalise are welcome to contact their relationship managers to find out more about how HIBF can support them.”
More information is available at https://www.business.hsbc.com.mt/hibf