HSBC enters into Kuwait retail banking market

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Bangalore: HSBC has entered into the retail banking business in Kuwait with the launch of global personal banking service HSBC Premier. HSBC Premier offers cross-border banking with the promise that customers can, take their accounts, credit history and banking relationships with them wherever they choose to live and work. Currently, HSBC has over 290 international premier centres around the world, and more than 8,500 branches with premier service points. With this launch HSBC Premier centres are now available in all GCC countries. Simon Cooper, CEO, HSBC Middle East and North Africa, said, "Our premier proposition has really struck a chord with our Middle East customers. In 2009, we saw a 32 percent rise in premier customers across the region. Today's launch is the next stage of growth for premier, and underlines HSBC's long term commitment and investment in the Middle East." Business people and citizens travelling abroad are looking for far more support and help from their bank in international financial services and wealth management.