Bashar M Tareq, head of markets and securities services at HSBC Bangladesh, addresses the audience at the “HSBC Trade Transformation & FX Trends Update” event, organised by the multinational bank in Chattogram recently. Photo: HSBC Bangladesh
The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh recently organised a programme, styled "HSBC Trade Transformation & FX Trends Update" in Chattogram.
The event brought together senior leaders from the export and trade ecosystem, along with esteemed clients, for an insightful evening of discussion centred on trade transformation, global market dynamics, and foreign exchange strategies that are shaping the future of international commerce.
The session delved into key themes, including Structured Trade Finance, HSBC's comprehensive trade support capabilities, and the evolving foreign exchange market landscape.
Bashar M Tareq, Head of Markets and Securities Services at HSBC Bangladesh, provided valuable insights into the wider macroeconomic environment, with particular focus on foreign exchange trends and their implications for local enterprises.
"HSBC is committed to supporting clients as they navigate the ever-changing and dynamic market conditions by offering effective hedging products," he stated.
The event also showcased how HSBC's pioneering digital solutions such as TradePay and HTS (HSBC Trade Solutions are designed to meet the changing demands of today's businesses.
TradePay is a digital trade finance tool developed to enable faster and more efficient business operations, allowing customers to draw down loans and make instant payments to suppliers.
Conversely, HTS serves as a streamlined, user-friendly digital platform, affording clients real-time transaction visibility and significantly reduced turnaround times.
Ahmad Rabiul Hasan, head of global trade solutions at the multinational bank, conducted a compelling session on trade transformation.
"In a world of constant change, as the world's No. 1 trade bank, HSBC remains steadfast in empowering businesses to foster growth, improve operational efficiency, and embrace the future of global trade through technological innovation," he said.
This initiative forms part of HSBC's continued commitment to strengthening its role as Bangladesh's preferred trade bank, enabling businesses to navigate the complexities of global trade with agility and strategic foresight.
