What is Hsbc Malaysia?
HSBC Bank Malaysia operates as a subsidiary of Hsbc Holdings plc, is an international bank holding company. HSBC Bank Malaysia was started in 1994 and is based in Kuala Lumpur, Malaysia. It provides a full range of banking and financial services such as credit cards, debit cards, investments, insurance, personal loans, business loans and much more. On the other hand, HSBC Bank Malaysia also offers Islamic banking services through its HSBC Amanah Malaysia Berhad subsidiary which was formed in 2007. The bank has more than 40 branches throughout Malaysia.
HSBC Holdings plc began operations in 1865 as The Hongkong and Shanghai Banking Corporation by Thomas Sutherland. The company changed its name to HSBC Holdings plc in 1991. In addition to HSBC Bank Malaysia, its other subsidiary companies are HSBC Bank plc, HSBC GLT India, HSBC Finance, HSBC Bank USA, HSBC Mexico, HSBC Bank Brazil and HSBC Bank Middle East. HSBC Holdings plc is one of the largest financial institutions in terms of employees strength. It had approximately 254,066 employees in the year 2013. HSBC Group runs a large network of over 8,000 offices in around 87 countries across the world.