HSBC: Helping Businesses To Become Financially Stable

Most business owners are dreaming of having a financially stable business. This is why more and more business owners are looking for ways that can help them. Luckily, there are financial institutions that can help. And, one of the best options is to work with HSBC.

Facts about HSBC

HSBC has been present in Oman since 1948 and for two decades was the only bank operating in the country. In June 2012, HSBC Bank Middle East’s Oman operations merged with Oman International Bank, an institution with a rich heritage, which was listed on the Muscat Securities Market. The new bank was renamed HSBC Bank Oman S.A.O.G.

Today HSBC Bank Oman provides a wide range of banking services for both corporate and retail customers.

How can HSBC help you?

Working capital – HSBC can improve working capital by unlocking funds caught in the supply chain, and manage incoming and outgoing cash flows more effectively organisation wide.

Growth – Inject capital into your supply chain, expand into new markets and improve your existing space and systems.

Payments – Streamline domestic and foreign payments and collections while also making the best use of cash balances. You can also manage expense effectively by consolidating company wide spending. Some of the services HSBC provides are clearing and foreign currency payments, global payables, global receivables as well as liquidity, liability and investments.

Investments – Consolidate balances for faster, easier access to cash and leverage idle balances to increase liquidity and support your growth strategy.

Managing risks – Manage counterparty risk and do business around the world confidently while managing potential fluctuations in cash flow.

Tools and resources offered by HSBC

HSBC also offers tools and resources that can help individuals improve their ventures such as trading. Below are the following.

Document tracker – Instantly check the delivery status of your trade documents online, free, here. Just enter your bank reference number.

Download centre – The download centre offers a vast resource of information about financing. These include account opening forms, specimen board resolution, transfer, payments and cheques, trade services and even commercial cards.

FX calculator – The FX calculators allow individuals to check currency rates to allow them to have better opportunities that will help them gain the best exchange rates.

HSBC safeguard – HSBC Safeguard is a series of initiatives to increase the protection the company provides their customers against fraud and financial crime across global systems and processes. It involves strengthening the ability to combat money laundering and the evasion of sanctions, as these are often the driver behind many financial crimes.

In case you want to know more about business services of HSBC, you can visit them at www.business.hsbc.co.om to help businesses to become financially stable.