FOR 2005, HSBC Bank Malaysia Bhd expects an increase in business from corporates and small and medium scale enterprises, against robust growth of the manufacturing, plantations and services sectors.
Deputy chairman and CEO Zarir J. Cama has set targets for strong growth in Islamic banking, wealth management services and retail banking at HSBC Malaysia.
A bigger marketing strategy has been planned for next year, in line with the bank's aggressive moves to expand services rapidly. Cama also shares his views on the ringgit peg.
At Bumiputra Commerce Bank Bhd, the overall strategy is to look at the depth and breadth of the business that has been increasingly supported by its modernised delivery platform and infrastructure.
Overall economic growth should be supported by domestic demand against higher private sector contribution, said CEO Datuk Azmi Abdullah. Bumiputra Commerce is starting its Islamic bank early next year and this unit will leverage on the enhanced delivery infrastructure of the bank.
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