HSBC in Korea

HSBC’s presence in Korea dates back to 1897 when it opened its first branch in Chemulpo (now Incheon).

The bank offered current accounts to a diverse group of foreign merchants, traders and local entrepreneurs. It also helped finance the thriving port’s traded goods and took part in collective loans to invest in modernising infrastructure projects such as the Seoul-Busan railway, completed in 1905. In October 1974, the Bank of Korea invited HSBC to establish its own office for trade finance in Seoul.

Today, HSBC operates a bank branch and a securities branch in Korea with a focus on the Global Banking & Markets (GBM) business.

HSBC connects Korean and multinational companies to opportunities in the world based on the extensive global network and the expertise in the Korean market. HSBC in Korea also provides tailored financial solutions to Korea’s financial institutions and public sector companies.

Our Businesses

Global Banking

HSBC’s Global Banking unit is responsible for the overall management of relationships with our corporate and institutional clients. Based on global expertise coupled with local knowledge, we offer innovative and integrated financial solutions to our clients that draw on Global Banking & Markets’ comprehensive suite of products.

Capital Financing and Investment Banking Coverage

HSBC’s Global Banking – Capital Financing and Investment Banking Coverage in Korea provides clients with a variety of integrated funding and strategic solutions. Our capabilities span M&A advisory, equity capital markets and strategic equity financing, leveraged and acquisition financing and debt capital markets.

Markets

Markets Korea is at the heart of industry development through product innovation and market advocacy in the Korean financial sector. Our knowledge of the local markets, coupled with HSBC’s global reach, enables us to provide a comprehensive and bespoke service across every major asset class for our Corporate and Institutional clients. Our clients are provided with access to Equities, Fixed Income including Credit and Rates, Foreign Exchange, Commodities and Prime Services, in addition to Research, across both developed and emerging markets.

Securities Services

Securities Services Korea is an industry leader in Direct Custody & Clearing, Trustee and Global Custody businesses in facilitating both in-bound and out-bound international investment flows. We offer a comprehensive suite of products including Treasury & Cash Management, Securities Lending and Foreign Exchange aligned to our global, regional and domestic platforms. Our services are firmly grounded on automated processes providing safekeeping, settlement, asset servicing, investment compliance and NAV verification capabilities.

Global Payments Solutions

HSBC GPS provides financial institutions and companies with a comprehensive suite of innovative solutions and products to help them do business every day. GPS helps clients to move their cash, have visibility, control and access to their cash and invest their cash through HSBC’s proprietary systems, HSBCnet and HSBC Connect.

Global Trade Solutions

GTS Korea provides trade finance services to our clients throughout the trade cycle, from the tender process and issuance of a payment order to shipment and sales fulfillment. We offer various products to help our clients’ working capital optimization, international trade growth, trade risk management, supplier finance management and sales finance management.

Affiliates

HSBC Securities in Korea

  • Level 7, HSBC Building, 37, Chilpae-ro, Jung-Gu, Seoul Korea

  • Tel: +82 (2) 3706 8700

Financial information

Please note these reports are available in Korean only.

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