This file photograph taken on 30 June 2009, shows the logo of international banking firm HSBC on display in the business district of La Defense, om the outskirts of Paris. HSBC announced a radical overhaul on 18 February 2020, including plans to slash 35,000 jobs and slim operations in the United States and Europe, after profits slid by a third last year. The Asia-focused lender has been trying to lower costs as it faces a multitude of uncertainties caused by the grinding US-China trade war, Britain's departure from the European Union and now the deadly new coronavirus in China. Photo: AFP
This file photograph taken on 30 June 2009, shows the logo of international banking firm HSBC on display in the business district of La Defense, om the outskirts of Paris. HSBC announced a radical overhaul on 18 February 2020, including plans to slash 35,000 jobs and slim operations in the United States and Europe, after profits slid by a third last year. The Asia-focused lender has been trying to lower costs as it faces a multitude of uncertainties caused by the grinding US-China trade war, Britain's departure from the European Union and now the deadly new coronavirus in China. Photo: AFP
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HSBC to support Bangladeshi students’ overseas education

UNBDhaka

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh and the Independent University, Bangladesh (IUB) are entering into a collaboration to assist students planning for overseas education through the bank’s international education services.

HSBC’s International Education is a comprehensive proposition catering to the overseas education needs of Bangladeshi students.

From the initial requirements of preparing a student file and facilitating payments to opening an overseas account with the HSBC in top education destinations, the bank provides the head-start with all the essential banking services throughout the whole process, according to a media statement.

Students, alumni and faculty members of the IUB will be facilitated with different benefits for pursuing their overseas education ambitions.

The HSBC will also offer exclusive sessions on higher education overseas for the IUB through a memorandum of understanding (MoU) signed recently.

IUB pro-vice-chancellor professor Niaz Ahmed Khan (acting vice-chancellor) was present during the online MoU signing ceremony.

Ahmed Saiful Islam, head of wealth and personal banking at HSBC Bangladesh, said: “We value and understand the importance of having the right banking partner for those who have the ambition to achieve the best overseas education.”

“With the strength of HSBC’s international network and our connectivity with the leading education partners, we continue to open up a world of opportunities for our customers,” he added.

Gitanka Debdip Datta, head of customer value management at HSBC Bangladesh said: “From sharing their customised country fact sheets to evaluate a destination to having an overseas account sitting right here in Bangladesh, we offer a full range of banking solutions and services to international students.”

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