HSBC unveils Premier


    HSBC introduces personalized financial services that help customers thrive and enables them to pass on their legacy to the next generation.

    HSBC is doing a refresh of HSBC Premier, celebrating nearly two decades since its launch in the Philippines in March 2000.

    Through the years, HSBC enabled individuals to prosper and manage their wealth through a range of local and international services.

    Now, HSBC Premier looks after the needs of families, for now and the future, around things that matters most to them: safety and protection, wealth, and international connectivity.

    “Based on insights from customers, we found that they want to build and preserve wealth so they can secure the future of their family. At HSBC, we want to be the financial partners to provide them access to wealth management services that will create a lasting legacy for their family,” shared Peter Faulhaber, Head of Retail Banking and Wealth Management, HSBC Philippines.

    For more than 140 years in the Philippines, customers value the trusted relationships with HSBC as a reliable and stable financial institution.

    At the heart of the HSBC Premier experience is a dedicated team of Premier Relationship managers and specialists, devoted to help customers manage their financial needs around the three areas: wealth, safety and protection and international connectivity

    Locally, customers look for staple type of investments such as fixed income, funds or equities. However, more Filipinos are starting to look for alternative investments where they look at investment linked insurance products, which allows them to invest in expertly managed funds locally and abroad. More than just building and preserving wealth, families are looking into securing a future for their family that will help them pass on their legacy to the next generation.

    HSBC Premier’s wide range of investment products enables customers and their future successors the advantage they need to take things to the next level.

    Insurance coverage now focuses on health and wellness protection as cost of medical treatment is continuously increasing due to modern technology. Also trending now are investment linked insurance products (ILPs).

    HSBC Premier through HSBC Insurance Brokers (Philippines) Inc. ensures that customers can continue to provide their children the same level of care for their health, wealth and investments no matter where their path leads them.

    “Filipino families regard education as the most important investment they can give to secure their children’s future. The number of Filipino students studying abroad almost doubled from 2008 to 2018, with more students being mobile, adventurous and independent, attending universities or participating in exchange programmes overseas,” added Faulhaber.

    According to HSBC’s Annual Overseas Education 2019 study, 1 in 4 students going overseas were unaware of how much it would cost to study abroad before leaving their home market. In the study it says that 79 percent of overseas students found the financial aspects of studying abroad stressful: with a third of students saying it was difficult to set up an account or get a credit card or loan in the market of study.