A top HSBC executive says the banks operations in emerging markets like Sri Lanka play an important role in adding value to their global network.
While some foreign banks have shut down their operations in the island HSBC is counting on the country becoming an Asian economic powerhouse.rn
rnldblquote Sri Lanka could explode one day and become an Asian Tiger,
dblquote says Aman Metha CEO, HSBCrn
rnHowever, the bank is keen to see their foreign operations deliver consistent growth.rn
rnHSBC says they establish benchmarks for all their operations largely based on the previous performance of the branch and the economic climate in the country.rn