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Tim reid hsbc12/27/2023 ![]() It aims to encourage UK SMEs to start exporting or expand their existing international sales, providing them with the tools, support and opportunities to succeed through global trade.įor free export support from the UK Government, businesses should visit. The Made in the UK, Sold to the World marketing campaign is the face of DIT's export promotion activity. The UK Government's Department for International Trade (DIT) champions open and fair global trading that drives growth, creates better jobs and higher wages, and improves living standards in this country and around the world. With assets of US$2,985bn at 30 June 2022, HSBC is one of the world's largest banking and financial services organisations.Ībout the Department for International Trade HSBC serves customers worldwide from offices in 63 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. ![]() HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC UK offers a complete range of retail banking and wealth management to personal and private banking customers, as well as commercial banking for small to medium businesses and large corporates. HSBC UK serves over 14.75 million customers across the UK, supported by 24,000 colleagues. Mina Sharma, Media Relations Manager for HSBC UK In addition, HSBC UK recently launched its new £15 billion SME Fund, which includes a £2bn ring-fenced pot specifically for SMEs to trade internationally, highlighting how the bank is committed to financing customers’ international ambitions, no matter their size. UKEF also has huge financial capacity to support UK exports to Commonwealth countries and has provided £2.8 billion of support for trade to the region in the last 5 years. HSBC remains the single largest user of UKEF’s classic short-term schemes by volume of transactions since their introduction in 2011, offering a great example of what the private and public sector can achieve when they work together. “HSBC UK has a strong proposition for businesses looking to export, working in partnership with UKEF and our local network of export finance managers to provide financial support and help UK businesses win, fulfil and get paid for exports.”ĭIT provides businesses with free export support, online resources and one-to-one advice at. Through UK Export Finance, the government can give businesses the financial backing they need to reach their export potential. “Companies that export are more productive and grow faster than those that don’t. Tim Reid, Director for Business Group at UK Export Finance said: The advice shared today, along with the discussions had and networking will help attending UK companies on their export journey.” This event is a good example of us doing just that. “As set out in the Government’s export strategy, working in partnership with business is critical to our success. It will demonstrate the exciting opportunities to trade and export across these markets and beyond. “Exports are vital to growing our economy, so I’m delighted that DIT, UKEF and the GREAT campaign are working in partnership with HSBC on this event during such an exciting time for the West Midlands region and the Commonwealth. Minister for Exports Andrew Griffith said: “We deeply value our strong partnerships with DIT and UKEF, which enhance our unparalleled expertise in connecting businesses internationally, particularly through our ‘on-the ground’ network and sources of support.” ![]() Opportunities to grow exist both at home and abroad, and we’re proud to work with ambitious UK businesses - whether they’re just starting out in the world of international trade or are experienced exporters delivering to markets all over the world. “Trade is at the heart of what we do at HSBC. The event, named Going for Gold, is being held at the bank’s Birmingham HQ during the much-anticipated 2022 Commonwealth Games, which are taking place in the City.Īimed at UK exporters looking to grow, as well as those new to international trade, the interactive event will bring together senior representatives from the public and private sectors, including specialists from DIT, UKEF and HSBC UK, as well as the Commonwealth Secretariat and High Commissioners from Commonwealth countries such as South Africa, Nigeria, Bangladesh, Malawi, Namibia and Antigua and Barbuda, promoting the export opportunities in their respective markets.ĭelegates will have the opportunity to hear from Ian Stuart, HSBC UK CEO, Paul McComb, DIT’s Director for UK Exports, Tim Reid, Director of Business Group at UKEF and Stephen Phipson, CEO of Make UK.Ī panel of successful businesses will also discuss their exporting journey during the day.Ĭora McLaren, Managing Director of International Subsidiary Banking at HSBC UK said:
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