HSBC, Petrosea sign deal

Mon, 27 Mar 2000, 00:00 WIB | Source: JP

JAKARTA (JP): HSBC Indonesia has won a contract to provide a
cash management service to PT Petrosea Tbk, a publicly listed
engineering, construction and mining company.

The service, which would be delivered electronically through
the bank's proprietary electronic banking system, Hexagon, will
include account information services and fund transfers, the bank
said in a statement.

HSBC, part of the London-based HSBC Holdings has operated in
Indonesia since 1884 and now has seven branch offices in Jakarta,
Surabaya, Medan, Bandung, Semarang, and Batam. (07)

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