HSBC Malta signs support agreement with Malta Chamber

The agreement was signed by Malta Chamber President Mr Tancred Tabone and Mr Michel Cordina, Head of Commercial Banking at HSBC Malta.

This agreement specifically supports the Malta Chamber's mission to help members to expand their business abroad.

"HSBC is an ideal partner for internationalisation, being a global bank with presence in over 87 countries," said Mr Tabone.

"With HSBC's assistance over the past years we have built an Internationalisation Desk with two full-time staff. Our internationalisation services are demand-driven and are inspired by an ongoing membership profiling exercise through which we know where and in what manner our members are internationalising their business."

Through HSBC's ongoing support, the Malta Chamber has participated in a number of initiatives, including a partnership with Malta Enterprise in the launch and implementation of a project dedicated to franchise, through which over 50 companies benefitted. "We also participate in all Malta Enterprise-led business missions, as well as organising our first mission to Tunisia last June," stated Mr Tabone.

"Furthermore, we have also established four Business Councils, for Egypt, Tunisia, Scandinavia and, most recently, Germany."

Mr Cordina said: "Through this agreement we continue to support the Malta Chamber and Maltese entrepreneurs in general doing business overseas. HSBC Commercial Banking reaches far and wide, with a customer base of 3.2 million businesses, ranging from newly-created start-ups to large corporates, and over 7,500 relationship managers to look after their needs and connect them with the partners they need from around the world to grow their business."