Base Rate HSBC
HSBC's presence in Malaysia dates back to 1884 when the Hongkong and Shanghai Banking Corporation Limited established its first office in the country, on the island of Penang, with privileges to issue currency notes. By 1959, The Hongkong and Shanghai Banking Corporation Limited had embarked on a programme of acquisitions.
HSBC Bank Malaysia intends to be one of Malaysia's leading foreign financial services institution, offering innovative products and services and has positioned itself as an efficient, customer-focused and relationship driven financial institution.
Currently HSBC in Malaysia has a network of 48 branches nationwide. Through the acquisition of The Mercantile Bank, which started operations in Malaysia in 1860, HSBC is indirectly the oldest bank in Malaysia. It opened offices in Ipoh in 1909 followed by branches in Malacca, Johor Bahru, and Kuala Lumpur in 1910. The Kota Bharu branch was opened in 1912.
Head office in Kuala Lumpur, HSBC Bank Malaysia is support by a strong branch network and it principally engaged in the provision of a comprehensive range of both conventional and Islamic banking services and products. HSBC Bank Malaysia was the first locally incorporated foreign bank to be awarded the Islamic banking subsidiary license in Malaysia.
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How to get the best mortgage rates - Quora
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