West Room, Malacañan Palace
April 4, 2024

President Ferdinand R. Marcos Jr. welcomed Mr. Mark Tucker, Chairman of the Hongkong and Shanghai Banking Corporation (HSBC) Holdings plc, during a courtesy call at the West Room in Malacañan Palace.

In the meeting, the Chairman discussed HSBC’s keen interest in exploring opportunities to strengthen the partnership between HSBC and the Philippine Government. He also expressed support for the government’s ongoing efforts to curb red tape and promote ease of doing business.

President Marcos Jr. expressed his appreciation for HSBC’s continued business presence in the Philippines and conveyed the government’s commitment to providing a conducive environment to further bolster the confidence of foreign investors in the country.

Other matters in the agenda included HSBC’s plans to expand its business interests in the Philippines, assessment of the world economy and its challenges, climate change and other global issues.

HSBC is one of the world’s leading banking and financial services organizations, with operations spanning across multiple regions including Asia-Pacific, Europe, the Middle East and Africa, North America and Latin America.

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