The First Commercial Bank in Thailand HSBC initially opened for business in Thailand in 1888 and has been serving Thai people for 12 decades. It was the first commercial bank in Thailand. HSBC has made significant contributions to the establishment of solid foundations for Thailand’s financial and banking sectors. For example, in 1889 HSBC issued the first banknotes in Thailand. HSBC also issued the first foreign loan to the Thai government for its railroad construction project. HSBC has always been a major driving force behind Thailand’s commerce and economy. The World’s Local Bank Serving the Local Community Throughout the past 120 years HSBC has based its standard services on an in-depth local knowledge and a true recognition of the Thai people’s changing needs. HSBC is committed to its goal to be the best bank and a key driving force for the Thai economy and Thai society forever. From the first banknote to credit card, HSBC offers the true values to customers from the international trade via freight to online international trade. Today, HSBC provides a comprehensive range of financial and banking services to both corporate and personal customers.
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