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HSBC Bank Malaysia Berhad
HSBC Bank Malaysia Berhad was incorporated locally in Malaysia on 1 October 1984. It is part of the HSBC Group and is a wholly owned subsidiary of HSBC Holdings plc, headquartered in London. HSBC Bank Malaysia Berhad is a wholly owned subsidiary of the HSBC Group. HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves about 39 million customers worldwide from offices in 66 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Locally, HSBC Bank Malaysia Berhad serves customers with a network of over 60 branches nationwide, where about a third are the branches of its Islamic Banking subsidiary, HSBC Amanah Malaysia Berhad. |
Hokkien Language
The Hokkien () variety of Chinese is a Southern Min language native to and originating from the Minnan region, where it is widely spoken in the south-eastern part of Fujian in southeastern mainland China. It is one of the national languages in Taiwan, and it is also widely spoken within the Chinese diaspora in Singapore, Indonesia, Malaysia, the Philippines and other parts of Southeast Asia; and by other overseas Chinese beyond Asia and all over the world. The Hokkien 'dialects' are not all mutually intelligible, but they are held together by ethnolinguistic identity. Taiwanese Hokkien is, however, mutually intelligible with the 2 to 3 million speakers in Xiamen and Singapore. In Southeast Asia, Hokkien historically served as the ''lingua franca'' amongst overseas Chinese communities of all dialects and subgroups, and it remains today as the most spoken variety of Chinese in the region, including in Singapore, Malaysia, Indonesia, Philippines and some parts of Indochina (partic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA), respectively. HSBC traces its origin to a hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2022, it was ranked no. 38 in the world in the Forbes rankings of large companies ranked by sales, pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Malaysia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC Holdings Plc
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA), respectively. HSBC traces its origin to a hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2022, it was ranked no. 38 in the world in the Forbes rankings of large companies ranked by sales, profit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offshore Banking
An offshore bank is a bank regulated under international banking license (often called offshore license), which usually prohibits the bank from establishing any business activities in the jurisdiction of establishment. Due to less regulation and transparency, accounts with offshore banks were often used to hide undeclared income. Since the 1980s, jurisdictions that provide financial services to nonresidents on a big scale can be referred to as offshore financial centres. OFCs often also levy little or no corporation tax and/or personal income and high direct taxes such as duty, making the cost of living high. With worldwide increasing measures on CTF ( combatting the financing of terrorism) and AML ( anti-money laundering) compliance, the offshore banking sector in most jurisdictions was subject to changing regulations. Since 2002 the Financial Action Task Force issues the so-called FATF blacklist of "Non-Cooperative Countries or Territories" (NCCTs), which it perceived to be non- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuching
Kuching (), officially the City of Kuching, is the capital and the most populous city in the state of Sarawak in Malaysia. It is also the capital of Kuching Division. The city is on the Sarawak River at the southwest tip of the state of Sarawak on the island of Borneo and covers an area of with a population about 165,642 in the Kuching North administrative region and 159,490 in the Kuching South administrative regiona total of 325,132 people. Kuching was the third capital of Sarawak in 1827 during the administration of the Bruneian Empire. In 1841, Kuching became the capital of the Kingdom of Sarawak after the territory in the area was ceded to James Brooke for helping the Bruneian empire in crushing a rebellion particularly by the interior Borneo dwelling Land Dayak people who later became his loyal followers after most of them were pardoned by him and joined his side. The town continued to receive attention and development during the rule of Charles Brooke such as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sarawak
Sarawak (; ) is a state of Malaysia. The largest among the 13 states, with an area almost equal to that of Peninsular Malaysia, Sarawak is located in northwest Borneo Island, and is bordered by the Malaysian state of Sabah to the northeast, Kalimantan (the Indonesian portion of Borneo) to the south, and Brunei in the north. The capital city, Kuching, is the largest city in Sarawak, the economic centre of the state, and the seat of the Sarawak state government. Other cities and towns in Sarawak include Miri, Sibu, and Bintulu. As of 2021, the population of Sarawak was estimated to be around 2.45 million. Sarawak has an equatorial climate with tropical rainforests and abundant animal and plant species. It has several prominent cave systems at Gunung Mulu National Park. Rajang River is the longest river in Malaysia; Bakun Dam, one of the largest dams in Southeast Asia, is located on one of its tributaries, the Balui River. Mount Murud is the highest point in the state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Malaysia
East Malaysia (), or the Borneo States, also known as Malaysian Borneo, is the part of Malaysia on and near the island of Borneo, the world's third-largest island. Near the coast of Sabah is a small archipelago called Labuan. East Malaysia lies to the east of Peninsular Malaysia (or the States of Malaya), the part of the country on the Malaya. The two are separated by the South China Sea. East Malaysia is less populated and has fewer developed settlements than West Malaysia. While West Malaysia contains the country's major cities (Kuala Lumpur, Johor Bahru, and Georgetown), East Malaysia is larger and much more abundant in natural resources, particularly oil and gas reserves. In the pan-regional style, city status is reserved for only a few settlements, including Kuching, Kota Kinabalu, and Miri. Various other significant settlements are classified as towns, including many with over 100,000 residents. East Malaysia includes a significant portion of the biodiverse Borneo lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strait Settlements
The Straits Settlements were a group of British territories located in Southeast Asia. Headquartered in Singapore for more than a century, it was originally established in 1826 as part of the territories controlled by the British East India Company, the Straits Settlements came under British Raj control in 1858 and then under direct British control as a Crown colony on 1 April 1867. In 1946, following the end of the Second World War and the Japanese occupation, the colony was dissolved as part of Britain's reorganisation of its Southeast Asian dependencies in the area. The Straits Settlements originally consisted of the four individual settlements of Penang, Malacca, Dinding and most importantly Singapore—its capital and was nicknamed the "Gibraltar of the East". The latter, having been the most developed settlement including its port, was a major British asset in the area and was the key strategy to British imperial interwar defence planning. Christmas Island and the Cocos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penang
Penang ( ms, Pulau Pinang, is a Malaysian state located on the northwest coast of Peninsular Malaysia, by the Malacca Strait. It has two parts: Penang Island, where the capital city, George Town, is located, and Seberang Perai on the Malay Peninsula. They are connected by Malaysia's two longest road bridges, the Penang Bridge and the Sultan Abdul Halim Muadzam Shah Bridge; the latter is also the second longest oversea bridge in Southeast Asia. The second smallest Malaysian state by land mass, Penang is bordered by Kedah to the north and the east, and Perak to the south. Penang is the 8th most populated state in Malaysia. Its population stood at nearly 1.767 million , while its population density was as high as . It has among the nation's highest population densities and is one of the country's most urbanised states. Seberang Perai is Malaysia's second-largest city by population. Its heterogeneous population is highly diverse in ethnicity, culture, language and r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Hong Kong
Hong Kong was a colony and later a dependent territory of the British Empire from 1841 to 1997, apart from a period of occupation under the Japanese Empire from 1941 to 1945 during the Pacific War. The colonial period began with the British occupation of Hong Kong Island in 1841, during the First Opium War between the British and the Qing dynasty. The Qing had wanted to enforce its prohibition of opium importation within the dynasty that was being exported mostly from British India, as it was causing widespread addiction among its populace. The island was ceded to Britain by the Treaty of Nanking, ratified by the Daoguang Emperor in the aftermath of the war of 1842. It was established as a crown colony in 1843. In 1860, the British took the opportunity to expand the colony with the addition of the Kowloon Peninsula after the Second Opium War, while the Qing was embroiled in handling the Taiping Rebellion. With the Qing further weakened after the First Sino-Japanese War, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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