HSBC Malta business attends Brazil trade conference

An HSBC Bank Malta business client, the Qormi-based Nylon Knitting Ltd, attended the Glo-bal Connections International Exchange event in Brazil, which tackled the present and future shifts in world trade. Special emphasis was made on the rapid growth of emerging markets and the new opportunities these developments bring.

Nylon Knitting Ltd was among the various stakeholders that HSBC brought together in Brazil for this exchange. These included HSBC trade specialists, experts from various businesses, governmental bodies and various think tanks.

During the event, Giancarlo Pezzoli, CEO of Nylon Knitting Ltd and Sergio Alibrandi, head of marketing, met with several high ranking HSBC Group officials who offered their company the opportunity to network and establish valuable contacts for potential business with other HSBC corporate customers from around the world.

“The event has been highly useful, as we got a roadmap to access the Brazilian market networking with its potential partners – acquisitions and mergers,” said the CEO of Nylon Knitting Ltd, Giancarlo Pezzoli.

“As forecast in HSBC’s most recent Global Outlook report, trade growth in emerging markets is set to outpace that of the developed world. Brazil is expected to see the fastest import growth globally over the next five years at 7.7 per cent,” said HSBC Malta’s head of commercial banking Michel Cordina.

“This development is presenting opportunities for international trade that Maltese companies cannot afford to neglect.

“HSBC Group’s global presence and expertise in international business offer our commercial clients the assistance and connectivity they require to benefit from such new opportunities,” said Mr Cordina.