HSBC to open business development office at mirsarai nsez

HSBC Bangladesh and the Bangladesh Export Processing Zones Authority (BEPZA) have signed a landmark agreement to open a Business Development Office (BDO) at the National Special Economic Zone (NSEZ) in Mirsarai, Chattogram.

The new office will offer banking solutions to both local and international investors in the zone, supporting trade, investment, and export financing needs. HSBC said the initiative reflects its commitment to strengthening Bangladesh's position as a competitive manufacturing and export hub.

The BDO will serve as a one-stop access point for modern banking and financial solutions, including trade finance and cash management, to help investors manage cross-border transactions. With six BDOs already operating in different export processing zones, the new office will allow clients to leverage HSBC's global network and trade expertise.

Md Ashraful Kabir, member (Investment Promotion), BEPZA, and Devesh Mathur, Chief Operating Officer, HSBC Bangladesh, signed the agreement on behalf of their respective organisations. Senior officials from BEPZA and HSBC Bangladesh also attended the ceremony.

Ashraful Kabir said: "HSBC's BDO will support investors and help attract more trade and foreign investment to the zone."

Devesh Mathur said: "Our Mirsarai Business Development Office under the aegis of BEPZA demonstrates HSBC's commitment to Bangladesh, and we plan to collaborate with global businesses to realise the potential of this world-class facility."

Ahmad Rabiul Hasan, head of global trade solutions at HSBC Bangladesh, said: "Exports play a pivotal role in advancing Bangladesh's economy. We are pleased to expand our presence at NSEZ and support global exporters and manufacturers with best-in-class trade financing solutions such as receivables finance and supply chain finance."