HSBC marks 150 years of strengthening global connections for Filipinos

H SBC has been part of the Philippine story for 150 years. What began in Binondo in 1875 supporting the sugar trade has grown into a bank that has helped shape many chapters of the country's history, from financing the country's first railway, restoring prewar balances after World War II, to supporting generations of entrepreneurs and families.

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"HSBC has been part of the Philippines' story for 150 years," said Sandeep Uppal, CEO of HSBC Philippines. "We are proud of our heritage, but even more proud of the trust that generations of Filipinos have given us, which has inspired us to keep serving, adapting, and finding opportunities to connect the Philippines to the world."

While its core purpose has remained the same for 150 years, HSBC Philippines has never stood still despite wars, economic shifts, and rapid change. It continues to adapt to the times, investing in technology, strengthening its services, and pushing for innovations that make banking simpler, faster, and more secure. That ability to evolve while staying grounded in its mission has kept HSBC relevant across generations.

Recognition from the industry

Because of their unwavering commitment, HSBC has earned recognition in the Philippines and abroad. Euromoney, Finance Asia, and Global Frontier Awards named it the Philippines' Best International Bank. While in retail banking, Asian Banking & Finance awarded HSBC the International Retail Bank of the Year for the fifth consecutive year. More recently, the Global Retail Banking Innovation Awards recognized it as Best International Retail Bank for the Philippines. Euromoney also named it Best International Private Bank in the Philippines for the third consecutive year. HSBC was also honored as Employer of the Year by the Asian Banking and Finance Retail Banking Awards, a reminder that its focus on people goes beyond clients.

HSBC has also been cited for leadership in cash management, trade finance, sustainable finance, and supply chain solutions. The said awards and recognition of HSBC through the years shows its consistency and strengthen its reputation and reliability in the field of banking and finance.

Banking in the digital age