HSBC's Flockhart: To Add 15-20 China Bank Outlets Next Year

Date : 11/02/2009 @ 2:17AM
Source : Dow Jones News
Stock : HSBC Holdings PLC (ADS) (HBC)
Quote : 61.32  0.0 (0.00%) @ 1:51PM
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HSBC's Flockhart: To Add 15-20 China Bank Outlets Next Year

TAIPEI -(Dow Jones)- HSBC Holdings PLC (HBC) aims to have 100 bank outlets in China at the end of this year, and plans to add 15 to 20 next year, subject to regulatory approval, the bank's Asia-Pacific chief executive, Sandy Flockhart, said Monday.

The bank now has 87 outlets across China, one of the largest networks among foreign banks in the country, according to its Web site.

Flockhart is in Taipei for a board meeting.

-By Perris Lee Choon Siong, Dow Jones Newswires; +8862-2502-2557; perris.lee@dowjones.com

 
 

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