Foreign Bank Which Operates In Indonesia (HSBC)

HSBC has its world headquarters at 8 Canada Square in Canary Wharf, London. HSBC has a significant presence in each of the world's major financial markets, with the Americas, Asia Pacific and Europe each representing around one third of its business. HSBC is the largest bank in Hong Kong and prints most of Hong Kong's local currency in its own name. As of 2 April 2008, according to Forbes magazine, HSBC was the fourth-largest bank in the world by assets (with $2,348.98 billion), the second largest in terms of revenues (with $146.50 billion) and the largest in terms of market value (with $180.81 billion). It was also the most profitable bank in the world with $19.13 billion in net income in 2007 (compared to Citigroup's $3.62 billion and Bank of America's $14.98 billion in the same period). Since the end of 2005, HSBC has been rated the largest banking group in the world by Tier 1 capital. In February 2008, HSBC was named the world's most valuable banking brand by The Banker magazine. HSBC is known for a conservative and risk-averse approach to business a company tradition going back to the 19th century. This reputation has been brought into question in the 21st century. In its technical management, however, HSBC has recently suffered a series of headline-making incidents in which some customer data were allegedly leaked or simply went missing. Although the consequences turned out to be small, the embarrassing effect on the group's image did not go unnoticed. HSBC is currently audited by one of the Big Four auditors, KPMG. The HSBC and KPMG headquarters are adjacent to one another, with KPMG occupying 15 Canada Square. HSBC Main Building, Hong Kong is also adjacent to KPMG office located in Prince's Building. HSBC is one of the largest banking and financial services group in the world, with a network which spans across 85 countries and diverse 296,000 work force all over the world. Headquartered in London, United Kingdom, HSBC seek to find the world's potentials through 7,200 offices in both established and emerging markets. HSBC is acknowledged as the world's leading international bank.

HSBC has a very long history in Indonesia. It has been operating in Indonesia since 1884 in Jakarta (formerly known as Batavia). It initially served the important sugar trade and then expanded to Semarang and Surabaya. However, the bank faced obstacles along the way as the bank was forced to close operation during World War II and in the mid 1960s. However, HSBC was granted with a new banking license in 1968, and the bank has remain steady ever since. Now HSBC served its customer in Indonesia through 49 branches in 6 major cities across Indonesia, namely Jakarta, Bandung, Semarang, Surabaya, Batam and Medan. Our services is supported by more than 3,000 employees, today HSBC Indonesia has grown into Indonesia's leading international bank, offering wide range of services in retail banking and wealth management, corporate and investment banking, institutional banking, treasury capital markets and Syariah banking services. The recognition of recent achievements by HSBC Indonesia in 2011 include FinanceAsia's Best Foreign Commercial Bank, Trade Finance Magazine's Best Foreign International Trade Bank, Asiamoney's Deal of the Year, Euromoney Best Sukuk Deal Republic of Indonesia USD Global Sukuk, Deal of the Year- Axis World, Most Valuable Banking brand in the world by Forbes Global, 1st Rank in Euromoney FX Survey, Bisnis Indonesia Banking Efficiency Award as well as Indonesia's Sustainable Business Award 2012 and Indonesia Green Awards which reflects HSBC's commitment in local community sustainable activities.

Referesi
https://www.hsbc.co.id/1/2/miscellaneous_en_US http://www.answers.com/topic/hsbc-holdings-plc-adr