HSBC's Corporate Banking services are an integral part of the Corporate, Investment Banking and Markets (CIBM) structure, which focuses on offering a full range of services to multinationals, large domestic corporates and institutional clients.
Corporate Banking represents the wide range of banking and financial services provided to domestic and international operations of large local corporates and local operations of multinationals corporations. Services include access to commercial banking products, including working capital facilities such as domestic and international trade operations and funding, channel financing, and overdrafts, as well as domestic and international payments, INR term loans (including external commercial borrowings in foreign currency), letters of guarantee etc.
The Investment Banking and Markets division brings together the advisory and financing, equity securities, asset management, treasury and capital markets, and private equity activities of the Group to complete the CIBM structure and provide a complete range of financial products to our clients. Increasingly, ECA financing is being considered by customers and we work closely with our project export finance teams, both onshore and offshore, to provide structured solutions.
Clients are serviced by sector based client service teams that combine relationship managers, product specialists and industry specialists to develop customized financial solutions. These form the relationship team along with the Investment Banking & Advisory division. Each team supports the client's worldwide operations, ensuring a full understanding of the company's business and financial needs. Based on our client's requirement, HSBC also assigns Global Relationship Management teams to provide structured solutions.
Our Global Relationship Management teams are tasked with understanding in depth the sectors in which our clients operate with the aim of adding value through detailed industry knowledge and structured financial solutions.
The Corporate Bank in India was ranked 2nd overall in the 2004 Greenwich Survey and is aiming at achieving the top rank in the 2005 survey. Currently CIB manages approximately 365 CIB relationships with total advances of approximate USD 1.1 Bn as at 31 May 2005. This portfolio is largely spread within 9 sector teams divided as under :
We aim to put HSBC in its entirety to work for each of our clients. From the provision of credit to the delivery of top quality banking services, we coordinate our activities closely around the client's global needs, taking advantage of HSBC's presence in 80 countries and territories.
Our Global Relationship Management teams are tasked with understanding in depth the sectors in which our clients operate. Our aim is to add value through detailed industry knowledge.
For loan applications for Global Banking customers, the Bank will take upto 60 working days to communicate the decision, once all the information required by the Bank is appropriately submitted by the customer.