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
