HSBC picks up Korean Air mandate

The airline directs the bank to centralise surplus funds from Asian countries back to its Seoul head office.
September 22, 2004

Korean Air has mandated HSBC's global payments and cash management team to centralise surplus funds from 12 Asian countries back to Korea. The appointment is one of the biggest mandate wins for HSBC as it continues to pick up large corporate clients with regional requirements.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media