Written by The Banking Post
HSBC Bangladesh has teamed up with the Bangladesh Export Processing Zones Authority (BEPZA) to set up a Business Development Office (BDO) at the National Special Economic Zone (NSEZ) in Mirsarai, Chattogram.
The new office will provide banking and financial solutions to both local and foreign investors, including trade finance, cash management, and cross-border transaction services. HSBC said the initiative is part of its commitment to support Bangladesh’s growth as a competitive manufacturing and export hub.
With six similar BDOs already operating in export processing zones across the country, the new unit will strengthen HSBC’s network and allow clients to tap into the bank’s global expertise.
BEPZA’s Member (Investment Promotion) Md Ashraful Kabir welcomed the collaboration, noting it would help attract more trade and foreign investment to the zone. HSBC Bangladesh’s Chief Operating Officer Devesh Mathur said the initiative demonstrates the bank’s long-term commitment to the country.
Ahmad Rabiul Hasan, Head of Global Trade Solutions at HSBC Bangladesh, added that exports remain central to Bangladesh’s economic progress. “We are pleased to expand our presence in Mirsarai and support global exporters and manufacturers with advanced trade financing solutions,” he said.
