Future Cities and new industries

HSBC and the cities

Unplanned, extreme urbanisation and hyper-connectivity are reshaping our cities and driving change in the economic landscape. We need to help our cities expand their networks and trade so they can thrive in the global economy.

  • The origins of the bank lie with two cities Hong Kong and Shanghai, and HSBC name is derived from the initials of the Hongkong and Shanghai Banking Corporation.
  • HSBC has been servicing citizens, corporations and governments across the world for more than 150 years.
  • By applying worldwide best practice from public, private sectors and NGOS coupling with innovative technology and policies, HSBC delivers innovative, financial solutions that meet cities' needs in infrastructure, sustainability and civic.

By streamlining (automation and digitisation) of processes in payment services HSBC helps:

  • Cities - cut administrative costs, improve cash and cost visibility, enhance data security
  • Citizens' experience is improved: see online billing and eservices consumption, transport ticketing
  • Businesses - transform as payment and revenue flows can be managed more effectively.
  • Trade flows accelerate via digitalisation of docs processing, duty and tax collection, at key trade exchange hubs: ports airports

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