Year |
Event
|
1985 |
Shenzhen representative office opens |
1986 |
Xiamen representative office opens |
1991 |
Shanghai representative office opens |
1995 |
Guangzhou branch opens |
1997 |
Shanghai representative office becomes a branch |
1998 |
Beijing representative office opens |
1999 |
Shenzhen representative office becomes a branch |
2001 |
Fuzhou branch opens |
|
Hang Seng Insurance Co Ltd opens a representative office in Shenzhen
|
2002 |
Guangzhou branch and Shanghai branch offer foreign currency banking services to mainland Chinese residents and enterprises |
|
Shenzhen branch offers foreign currency banking services to Mainland residents and enterprises |
|
Shanghai branch offers renminbi services to foreign passport holders; citizens of the Hong Kong SAR, Macau SAR and Taiwan; and foreign-invested enterprises |
|
The Bank launches Personal e-Banking services on the Mainland
|
2003 |
Hang Seng Investment Management Ltd opens a representative office in Shenzhen |
|
Nanjing branch opens |
|
The Bank launches Business e-Banking services in mainland China |
|
|
Guangzhou branch offers renminbi services to foreign passport holders; citizens of the Hong Kong SAR, Macau SAR and Taiwan; and foreign-invested enterprises |
|
Shanghai branch offers phone banking services to personal customers |
2004 |
The Bank acquires 15.98% of Industrial Bank’s enlarged capital for a total consideration of RMB1,726 million (approximately HK$1,626 million) in cash |
|
Shenzhen branch offers renminbi services to foreign passport holders; citizens of the Hong Kong SAR, Macau SAR and Taiwan; and foreign-invested enterprises |
|
Shanghai, Guangzhou and Shenzhen branches offer renminbi banking services to domestic companies in mainland China |
|
Fuzhou branch offers renminbi services to foreign passport holders; citizens of the Hong Kong SAR, Macau SAR and Taiwan; and foreign-invested enterprises |
|
Industrial Bank launches its first international dual currency credit card bearing the Hang Seng logo |
2005 |
Hang Seng and Industrial Bank jointly establish a credit card centre in mainland China |
|
Fuzhou branch relocates to larger bank premises |
|
Dongguan representative office opens |
|
Beijing representative office becomes a branch |
|
The Bank launches a renminbi forward foreign exchange contracts service at Shanghai, Guangzhou, Shenzhen and Fuzhou branches |
|
Shenzhen and Shanghai branches launch insurance agency business |
2006 |
The Bank becomes the first foreign bank to receive approval to commence preparation work for a Dongguan branch |
|
The Bank launches offsite ATMs in Beijing, Shanghai and Guangzhou |
|
Fuzhou branch offers renminbi banking services to foreign passport holders, citizens of Hong Kong SAR, Macau SAR and Taiwan, foreign-invested enterprises and domestic enterprises; and expands foreign currency banking services to domestic enterprises and local residents |
|
The Bank launches first Index-linked Capital Protected Investment Product linked to Hang Seng Index and Hang Seng China Enterprises Index in mainland China and renminbi-denominated Currency-linked Capital Protected Investment Product |
|
The Bank launches Equity-linked Capital Protected Investment Product – Range Accrual and Equity-linked Capital Protected Investment Product – Autocallable launched in August and September respectively |
|
Guangzhou and Beijing branches launch insurance agency business |
|
Nanjing branch permitted to offer renminbi banking services to foreign passport holders, citizens of Hong Kong SAR, Macau SAR and Taiwan, foreign-invested enterprises and domestic enterprises; and expands foreign currency banking services to domestic enterprises and local residents |
|
Export factoring service is launched for corporate customers |
|
Convened a Board of Directors meeting in September in Shanghai, marking the first time in the Bank’s history that such a meeting has been held in mainland China |
|
The Bank obtains approval from the China Banking Regulatory Commission (CBRC) for a licence under the Qualified Domestic Institutional Investors (QDII) Scheme and receives approval from China’s State Administration of Foreign Exchange for a foreign exchange conversion limit of US$300 million for providing overseas wealth management services |
|
Launch of Hang Seng HSBCnet service to all customers with a suite of cash management, trade and commercial banking services |
|
Dongguan branch opens in October |
|
In December, Hang Seng launches its first QDII investment product, Currency-Linked – Daily Range Accrual, through its Mainland branches and sub-branches |
|
Guangzhou, Shanghai, Fuzhou and Shenzhen branches complete the required procedures and, following CBRC approval in December, launch RMB time deposit services to local citizens, with a minimum deposit amount of RMB 1 million |
|
Fuzhou branch launches insurance agency business |
|
CBRC approves Hang Seng’s application to begin preparations for the set up of a Mainland subsidiary bank. |
2007 |
CBRC approves the establishment of Hang Seng Bank (China) Limited - a Mainland subsidiary bank |
|
Hang Seng Bank (China) Limited (“Hang Seng China”) opens |
|
Hang Seng China obtains approval to offer comprehensive Rmb services to local residents in mainland China |
|
Hangzhou Branch opens in September |
|
Ningbo Branch opens in December |
2008 |
Hang Seng Signs Agreement to Become Largest Shareholder of a Mainland City Bank |
|
Shenzhen Branch Is Relocated to Futian District, Original Premises converted to Luohu Sub-branch |
| |
Dongguan Chang’an Sub-branch Opens in March, becoming the first commercial banking sub-branch of Hang Seng China |
| |
Tianjin Branch Opens in August |
| |
Shenzhen training center commences operation in October |
| |
Kunming Branch Opens in October |
2009 |
Hang Seng China Launches RMB Debit Card in January |
you are currently logged off to e-Banking.
