22 June 2004
DOHA: With the onset of competition and the customer becoming more demanding, the face of retail banking is changing in Qatar and in the forefront of this revolution is HSBC.
Retail banking at HSBC, Doha, is no more only about account opening, ATM cards and personal loans. There is much more to it.
If you are resident in Qatar and whether or not you hold an account with HSBC or any other bank, for that matter, you can walk into HSBC and demand to see a personal financial planning manager to discuss how and where to invest your savings for future needs.
If you are in an income category that leaves you with meagre savings at the end of a month, you need the expert assistance of an HSBC personal financial planning manager even more.
HSBC itself has a number of saving and term deposit schemes to suit the needs of all sections of society and investment funds that are extensively researched and safe, says Katie Danby, business development manager at HSBC, Doha.
In remarks to The Peninsula, she said yesterday HSBC’s team of personal financial planning (PFP) managers can be accessed by a resident or national at will. “You have to simply walk in and ask to meet a team member,” she said.
A PFP manager would discuss with you your income, saving potential and your future needs, whether they are to do with retirement, education of your children or investments to buy a property.
“It takes time for a PFP man to understand your needs and guide you accordingly, but that’s what they are there for,” she said.
The service had evoked a good response from people from all nationalities and walks of life.
The Headstart scheme, which is a recurring deposit scheme for children, was doing exceedingly well. A prent can meet a PFP manager and open an account in the name of a child with even QR1 and make deposits thereafter at convenience, according to Danby.
DOHA: With the onset of competition and the customer becoming more demanding, the face of retail banking is changing in Qatar and in the forefront of this revolution is HSBC.
Retail banking at HSBC, Doha, is no more only about account opening, ATM cards and personal loans. There is much more to it.
If you are resident in Qatar and whether or not you hold an account with HSBC or any other bank, for that matter, you can walk into HSBC and demand to see a personal financial planning manager to discuss how and where to invest your savings for future needs.
If you are in an income category that leaves you with meagre savings at the end of a month, you need the expert assistance of an HSBC personal financial planning manager even more.
HSBC itself has a number of saving and term deposit schemes to suit the needs of all sections of society and investment funds that are extensively researched and safe, says Katie Danby, business development manager at HSBC, Doha.
In remarks to The Peninsula, she said yesterday HSBC’s team of personal financial planning (PFP) managers can be accessed by a resident or national at will. “You have to simply walk in and ask to meet a team member,” she said.
A PFP manager would discuss with you your income, saving potential and your future needs, whether they are to do with retirement, education of your children or investments to buy a property.
“It takes time for a PFP man to understand your needs and guide you accordingly, but that’s what they are there for,” she said.
The service had evoked a good response from people from all nationalities and walks of life.
The Headstart scheme, which is a recurring deposit scheme for children, was doing exceedingly well. A prent can meet a PFP manager and open an account in the name of a child with even QR1 and make deposits thereafter at convenience, according to Danby.
© The Peninsula 2004
