Important Announcement

Dear customer,

We are writing to inform you that we have made the decision to concentrate our business in Russia on servicing corporate clients. Regrettably, this means that the retail banking operations, including HSBC Premier and HSBC Plus, will be closed to new business with immediate effect, and existing business will be phased out in line with contractual obligations.

We remain strongly committed to the Russian market and are concentrating our resources in providing our corporate and institutional customers with a wide range of corporate banking, investment banking and financial markets products and services. We are maintaining the capital we have committed to our business to support further development of Commercial Banking and Global Banking and Markets business lines.

For further assistance, please contact us at your convenience either at our office in Moscow at 2 Paveletskaya Square, bld. 2, 18th floor or in St. Petersburg branch at 3A Volynsky Lane, 8th floor from 9am till 6pm Monday to Friday.

We regret the inconvenience caused and thank you for entrusting HSBC with your personal financial needs.

Yours sincerely,
HSBC