, APAC
247 view s
Photo from HSBC’s official website.

HSBC unveils new face for trade services with Global Trade Solutions

The bank outlined plans to give a safer, smoother digital trade experience.

HSBC has unveiled Global Trade Solutions as the new face of its trade finance operations.

Global Trade Solutions, a new identity for the bank’s Global Trade and Receivables Finance (GTRF) business, reportedly builds on HSBC’s 155-year history as a trade bank.

Under its new identity, HSBC said that it plans to serve as global connectors that will help customers know where, how, and with whom they want to trade.

The global bank also promised to provide “safer, smoother digital trade experience, supported with structured working capital solutions” to clients; and to continue serving as trusted partners through growtih, disruption and uncertainty by bringing insights and ideas to its clients to protect and grow their business.

HSBC said that its trade operations give clients access to “90% of global trade flows.” The bank said that it has a network of 1.3 million businesses and relationships with suppliers and buyers. 

In Asia, HSBC is “the largest trade bank in Asia by revenue”, the bank said in a press release, saying that it generates 2.8 times more revenue that the average of its three nearest competitors, based on data from Coalition Greenwich Competitor Analytics – FY23.

HSBC sees much potential in Asia, noting that trade integration in the continent is “advancing rapidly.” Intra-Asian exports are reportedly expected to grow to $7.1t in 2030, from just $4.3t in 2023. Of the world’s top 30 trade corridors, 11 involve Asian economies on both ends, according to HSBC Global Research.

The launch of Global Trade Solutions is just one of the recent changes made by HSBC to its services and operations. Recently, the bank launched UniTransact in Indonesia to streamline cross-border transactions.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!