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The Hongkong And Shanghai Banking Corporation (HSBC) is one of largest commercial bank in England and one of the largest international banks in the World. As a foreign bank branches in Thailand, HSBC may provide the whole range of commercial banking business approved under the Financial Institutions Businesses Act. HSBC initially opened for business in Thailand in 1888 and has been serving Thai people for 12 decades. It was the first commercial bank in Thailand. HSBC has made significant contributions to the establishment of solid foundations for Thailand’s financial and banking sectors. For example, in 1889 HSBC issued the first banknotes in Thailand. HSBC also issued the first foreign loan to the Thai government for its railroad construction project. HSBC has always been a major driving force behind Thailand’s commerce and economy. From the first banknote to credit card, HSBC offers the true values to customers from the international trade via freight to online international trade. Today, HSBC provides a comprehensive range of financial and banking services to both corporate and personal customers.

Besides commercial banking, which includes deposit taking, the provision of cheque services and lending, HSBC may also carry on any other business which is regulated or authorized by Bank of Thailand, including financial advisory services, trade finance, short term investing and short-term foreign exchange.

As a foreign bank branches in Thailand, HSBC are licensed under and governed by the Financial Institutions Businesses Act. They may undertake commercial banking. Besides commercial banking, which includes deposit taking, the provision of cheque services and lending, the banks may also carry on any other business which is regulated or authorised by Bank of Thailand, including financial advisory services and capital market services.