The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has inaugurated its new business development office (BDO) at the Bepza Economic Zone, Mirsharai, Chittagong.

Through this business development office, HSBC will support both local and foreign investors operating in the zone, with access to HSBC’s international banking capabilities, supporting their trade, investment, and export financing needs.

This initiative is part of HSBC’s continued commitment to facilitating Bangladesh’s growth as a competitive manufacturing and export hub. 

With the addition of this BDO at Bepza Economic Zone, HSBC now operates seven Business Development Offices across key Export Processing Zones in Bangladesh enabling clients to leverage HSBC’s global network and keep their international trade secured through bank’s extensive experience and trade leadership.

Engr Mohammad Anamul Haque, project director, Bepza Economic Zone, Mirsharai, Chittagong, presided as chief guest at the inauguration.

Speaking at the inauguration, he shared: “The establishment of HSBC’s presence at this economic zone is a welcome development. Investors and manufacturers in the zone will now have easier access to the bank’s international network and trade services.”

Omar Sharif, head of Chittagong Banking, HSBC Bangladesh, added: “HSBC has been supporting Bangladesh’s export and manufacturing sectors for nearly three decades and today facilitates nearly 10% of the country’s exports. We are already seeing strong interest from global companies to invest in the Bepza Economic Zone. We remain committed to equipping them 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 Bepza and HSBC.