BankCommercial Bank
HSBC New Zealand
HSBC was the first overseas bank to be granted a banking licence in New Zealand, in 1987, following deregulation of the country’s financial markets in the same year. HSBC initially opened its head office in New Zealand in Wellington, but moved it to Auckland in 1989 while retaining an office in the capital.
The bank provides wholesale banking services in New Zealand, which includes Commercial Banking and financial institutions and governments, along with Markets and Securities Services. Each of these businesses is primarily focused on supporting internationally oriented clients in New Zealand that benefit from the HSBC Group’s unique global network and international financial capabilities.
HSBC operates in New Zealand as a branch of The Hongkong and Shanghai Banking Corporation Limited, incorporated in Hong Kong SAR.
