HSBC rolls out digital platform to connect buyers and sellers

HSBC has launched a digital platform called the HSBC Connections Hub that will enable its customers to leverage the lender's global network to connect with trusted buyers and sellers around the world.

Business customers in Singapore, Canada, mainland China, Hong Kong, India, Mexico, the UK and the United States can now sign up to the multi-lingual platform, offered by HSBC Bank plc, for free.

More countries and territories will be added in the second half of the year.

Ng Li Lian, head of business banking, HSBC Singapore, said: "Given the particularly strong international orientation of Singaporean small and medium enterprises (SMEs), we anticipate it will be of most use to this sector to make new business, trade and supply chain connections overseas."

Last year, some 37,000 internationally focused Singapore companies - of which 80 per cent are SMEs - approached International Enterprise Singapore for help in understanding overseas markets and to connect to the right business partners.