Our objective is to become the world’s leading international bank. Our strategy is aligned with a long-term trend.
Our bank is one of the few truly international banks. Our advantages lie in the extent to which our network corresponds with markets relevant to international financial flows, our access and exposure to high-growth markets and businesses, and our strong balance sheet, which helps to generate a resilient stream of earnings.
Based on these long-term trend and our competitive position, our strategy has two parts:
A network of businesses connecting the world: our bank is well positioned to capture the growing international trade and capital flows. Our global reach and range of services place us in a strong position to serve clients as they grow from small enterprises into large multinationals
Wealth management and retail with local scale: we aim to capture opportunities arising from social mobility and wealth creation in our priority growth markets, through our Premier proposition and Global Private Banking business. We will invest in full scale retail businesses only in markets where we can achieve profitable scale.
To implement this strategy we have set three priorities for the Group: grow the business and dividends; implement global standards; and streamline processes and procedures.
Grow the business and dividends
We continue to position the bank for growth, generating capital to invest in mostly organic opportunities in our home and priority growth markets, while progressively growing the dividend.
We aim to achieve growth by leveraging our international network and client franchise to improve the bank’s market position in products aligned to our strategy. Our investment priorities include Global Trade and Receivables Finance, Payments and Cash Management, Foreign Exchange and services relating to the uk or chinese currency. We also aim to continue investing in key growth markets and align global resources to city clusters with...