Coinciding with the celebration of its 150th anniversary in the Philippines, Hongkong and Shanghai Banking Corporation (HSBC) committed to globally expose Davao to economic opportunities.
HSBC marked its 150 years in the Philippines with an anniversary celebration held at the Grand Ballroom of Discovery Samal in the Island Garden City of Samal (IGaCos), Davao del Norte on Friday, with OPM icon Gary Valenciano as the featured performer.
The celebration was attended by clients, partners, business leaders, and local dignitaries.
“It’s a privilege to be celebrating this milestone here in Davao—a city that reflects the very spirit of progress and promise,” said Pramoth Rajendran, Head of International Wealth and Premier of HSBC Philippines.
In his message, Sandeep Uppal, CEO and Head of Banking of HSBC Philippines, expressed excitement about celebrating a milestone-filled legacy alongside the Philippines’ rich and colorful history.
“Our 18-year journey in Davao reflects our commitment to stay deeply rooted in communities that are shaping the future of the country—and to help connect them with opportunities not just here, but across Asia, Europe, and the Americas,” he said.
HSBC’s presence in Davao began 18 years ago, with the opening of its first branch in Mindanao in 2007.
According to HSBC, since then, the Bank has been a steady partner in the city’s growth as one of the Philippines’ fastest-rising economic centers.
In 2022, it reaffirmed this commitment by unveiling a refreshed branch in Ayala Malls Abreeza—bringing international banking closer to Davao’s thriving community of professionals, entrepreneurs, and globally-minded families.
“Our customers here are ambitious, global, and passionate about creating a better future for their families. At HSBC, we’re proud to be their partner—whether they’re planning for their children’s education, growing their business, or investing across borders,” Rajendran said.
HSBC stated that Davao’s economic rise is nothing short of impressive.
“Its continued infrastructure development and growing appeal as an ASEAN trade gateway, has made the city a major player on the regional stage. HSBC is well-positioned to support this momentum with its international expertise, wealth management solutions, and award-winning banking services—tailored for customers with a global mindset,” it also said.
HSBC also emphasized that the evening was more than a commemoration—it was a reaffirmation of HSBC’s vision: to open up a world of opportunity for its clients, from the sugar trade of the 1800s to today’s digitally connected, globally mobile economy.
“HSBC continues to empower individuals and enterprises with international ambitions,” it said.
The celebration in Davao was part of HSBC Philippines’ broader 150th anniversary campaign, which pays tribute to its heritage while embracing a future of inclusive, innovative, and globally connected banking.
HSBC, with six branches across the country (Manila, Cebu, and Davao) and a range of cross-border solutions, positions to continue to be the top choice for Filipinos looking to engage globally.
