HSBC to streamline digital payments for Ha-Meem Group

Star Business Desk

The Hongkong and Shanghai Banking Corporation (HSBC) signed an agreement with garment manufacturer Ha-Meem Group recently on using online platform HSBCnet to streamline their payments to multiple vendors through a consolidated file upload. 

The deal was signed at the corporate office of Ha-Meem Group in Dhaka, said a press release.

"Ha-Meem aims to cross the $1 billion-mark of export turnover within a short span of time and digital innovation will play a key role in this feat," said Azad.

HSBC will continue supporting Ha-Meem Group's digital journey, said Stuart Rogers, regional head of international markets, commercial banking for Asia-Pacific at the bank.

Stuart Rogers, regional head of international markets, commercial banking for Asia-Pacific at HSBC; Ian Tandy, co-head of global trade and receivables finance for Asia-Pacific at the multinational bank; A K Azad, managing director of Ha-Meem Group, and Gerard Haughey, country head of wholesale banking at HSBC Bangladesh, were present at the event.