HSBC is to wind down its operations in Brunei as part of the bank's overall strategy to reduce complexity. The bank said it would close all branches and offices by March 31, 2018, with a focus on "reducing costs for customers".
HSBC is to wind down its operations in Brunei as part of the bank's overall strategy to reduce complexity. The wind down will commence tomorrow and HSBC Brunei will no longer take on any new accounts, facilities or business from then on.