Advertisement

A 'marriage' that should prove fruitful

Reading Time:2 minutes
Why you can trust SCMP

A FEAST of riches resulting from the marriage of two of the banking world's most famous names will soon be available to Hong Kong investors.

Advertisement

A range of new services for clients of either Hill Samuel Bank or Lloyds Plc is being introduced as a result of the two banks merging in December 1995.

Regional marketing director Barry Lea said the companies had waited until completing their integration in Britain before concentrating on their overseas holdings.

In the last few months the process has been extended to Southeast Asia.

'Customers in Hong Kong will soon see a dramatic widening of our range of banking facilities, including our private banking service,' Mr Lea said.

Advertisement

The integration of the two banks in Hong Kong is expected to be completed by the end of May.

Hill Samuel became part of the TSB Group in 1987, which then merged with Lloyds 16 months ago to form Lloyds TSB Group Plc.

Advertisement