Mid-market enterprises are the engine house of the UK economy, making a significant contribution to growth and employment. This highly productive and outward-facing group is playing an increasingly important role in driving prosperity at home and overseas.
HSBC UK Corporate Banking is well placed to support mid-market companies. Our strong balance sheet is backed by advanced technology and specialist teams around the world. Our international banking network covers 53 international markets, and our footprint gives us access to around 90% of world trade flows.
Across the East Midlands, we have numerous examples of great businesses we have supported over the past 12 months. Only last month, we helped facilitate a management buy-out at Nottingham electronics manufacturing services provider, Smart Made Simple, helping this 100-year old company on the next stage of its evolution.
The East Midlands is rich in innovative, determined companies that are striving, despite the current political uncertainty surrounding the economy. To support them, we created a new regional hub taking the Commercial Banking team to over 100 people at Pegasus Business Park, Castle Donington, last year and this has enabled us to work better together and further support customers in achieving their business goals, as well as providing us with capacity to accommodate future growth plans.
Relationship Directors continue to have a dedicated focus on Nottingham, Derby, Leicester, Lincoln and Peterborough, maintaining strong relationships with businesses and professionals in the finance community to help them meet their needs.
Liz Fuge, Deputy Area Director