Scottish offshore support vessel specialist Sentinel Marine has taken delivery of a new Multi-role Offshore Support Ship following a £62,000,000 refinancing package, equally split between HSBC Equipment Finance Ltd (HEF) and Clydesdale Bank.
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Commercial property and investment firm HFD Property Group has agreed terms with HSBC UK to refinance its flagship 177 Bothwell Street development in Glasgow.
A fish processing business in the north of Scotland has received an eight-figure funding package from HSBC UK, backed by UK Export Finance (UKEF), as it sets its sights on new international markets. Peterhead-based Denholm Seafoods, which champions Scotland’s high-quality, sustainable seafood,
Scottish pharmacy group Rightdose Pharmacy has acquired a new store in Liverpool as part of its UK-wide growth strategy, following a seven-figure funding deal from HSBC UK. The Glasgow-headquartered pharmacy group operates six community pharmacies across Scotland and launched an online service in 20
HSBC UK has announced the launch of a £500 million Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between $750 billion and $1 trillion of financing and investme
Puremalt, a Haddington-based malt ingredient supplier, has agreed a £7 million funding package with HSBC to expand its grain-processing capacity by building new facilities. The funding will be used to build a new brewhouse.
The Financial Conduct Authority (FCA) has fined HSBC £63,946,800 for failings in its anti-money laundering processes. HSBC used automated processes to monitor hundreds of millions of transactions a month to identify possible financial crime. However, the FCA found that three key parts of HSBC&
Business leaders are confident about both domestic and international growth, despite supply chain disruption and the lingering threat of Covid-19, according to new research from HSBC.
HSBC UK has announced the launch of a £500m Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between USD750 billion and USD 1 trillion of financing and investment
A sustainable Scottish distillery has secured £2.6 million from HSBC UK to support the building of its new visitor centre, creating around 30 new jobs in the Angus area.
G&S Investments is now the sole owner of Lanarkshire chemist thanks to substantial funding from HSBC UK. The company purchased the remaining 50% of Lesmahagow-based Abbeygreen pharmacy after owning half the business for 3.5 years.
Blanket and scarf brand, The Tartan Blanket Co., has received a £1.8 million loan from HSBC UK to purchase new premises, as demand grows globally. The Edinburgh-based natural wool brand, which makes natural and sustainable tartan blankets, has used the funding to purchase a new 32,000 sq. ft.
Williams Bros. Brewing Company has solidified its business with long-term production solutions thanks to a seven-figure investment from HSBC UK. The Alloa-based family-run brewery has used the funding to invest in a range of brewing equipment and packaging facilities, allowing the business to create
HSBC has seen its profits after tax rise by $5.3 billion to $8.4bn in the first half of 2021. The lender has also posted profits before tax of £10.8bn, up $6.5bn from the same period in 2020.
HSBC UK and TSB have launched their lowest ever fixed-rate mortgages at 0.94%.