Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 625 Thu. March 02, 2006  
   
Business


HSBC launches 'money manager'
The Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh has launched a new service product titled 'Money Manager', for its corporate customers.

Money Manager is designed to help corporate bodies manage their liquidity effectively whilst optimising their returns, says a press release.

The savings account offers a higher than normal rate of interest to the corporate depositors, that will normally exceed the rate offered on the one-month time deposit.

HSBC Bangladesh Chief Executive Officer (CEO) Steve Banner formally launched the product at function held in the bank's premises.

Addressing the function, he said, "The Money Manager account offers HSBC clients yet another option for effectively managing their liquidity".

Kamal Ahsan, manager (Payments & Cash Management), and Mustafizur R. Khan, Manager (Marketing & Public Relations), of HSBC Bangladesh, were present .

Picture
Steve Banner (C), chief executive officer (CEO) of Hongkong and Shanghai Banking Corporation (HSBC) Ltd Bangladesh, is seen at the launching of the bank's "Money Manager", an innovative new account for sophisticated corporate customers. Among others, Kamal Ahsan, manager (Payments and cash management) and Mustafizur R Khan, Manager (Marketing and public relations), are seen. PHOTO: HSBC