HSBC opens business development office at Bepza Economic Zone

Local and foreign investors operating in the zone will be provided with access to its international banking capabilities
By Star Business Report

HSBC Bangladesh today opened a new "Business Development Office" at the Bepza Economic Zone in Chattogram's Mirsharai.

Through the office, HSBC will support both local and foreign investors operating in the zone by providing access to its international banking capabilities, including trade, investment, and export financing services.

Mohammad Anamul Haque, project director of the Bepza Economic Zone, inaugurated the office as the chief guest, according to a press release.

Speaking at the inauguration, Haque said the establishment of HSBC's presence at the economic zone was a welcome development, as investors and manufacturers would now have easier access to the bank's international network and trade services.

The initiative is part of HSBC's continued commitment to supporting Bangladesh's growth as a competitive manufacturing and export hub.

With the addition of the new office, HSBC now operates seven business development offices across key export processing zones in Bangladesh, enabling clients to leverage its global network and secure international trade through the bank's extensive experience and trade leadership.

Omar Sharif, head of Chattogram banking at HSBC Bangladesh, said HSBC has been supporting the country's export and manufacturing sectors for nearly three decades and currently facilitates nearly 10 percent of Bangladesh's exports.

"We are already seeing strong interest from global companies to invest in the Bepza Economic Zone," he said, adding that HSBC remains committed to equipping investors with world-class banking capabilities and supporting their growth as they contribute to Bangladesh's economic progress.

The inauguration was attended by foreign investors operating in the zone, along with senior officials from both organisations.