<div class="image-200">
<img loading="lazy" src="https://cdn.kahimyang.com/resources/hsbc.webp" alt="HSBC Logo" />
</div>

<p>
In 1971, the branch in Binondo was moved to Makati City.  Ten years later, in 1981, the Iloilo branch was closed.
</p>
<p>
Following the introduction of the Foreign Bank Liberalisation Act of 1994, HSBC re-opened a branch in Binondo in 1995 and established a branch in Cebu in 1996. In 1999, a fifth branch was opened in Quezon City. 
</p>
<p>
To cater to the needs of clients in the Mindanao area, a branch was opened in Davao in 2006. 
</p>
<p>
The most recent addition is the branch in the Bonifacio Global City in Taguig, bringing the total number to seven main bank branches.
</p>

<h4>
Source:
</h4>
<ol class="article-sources">
<li>
Philippine News Agency archives
</li>
<li>
HSBC Philippines website.
</li>
</ol>


Today in Filipino History, November 11, 1875, HSBC established its first branch in Binondo, Manila