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ISP opens representative office in Sydney

Intesa Sanpaolo is opening a representative office in Sydney, confirming the Group’s commitment to assist Italian enterprises that operate or intend to operate on international markets in order to seek new growth opportunities.

The Sydney Office represents the local point of reference for Australia in the international network maintained by the Corporate & Investment Banking Division and will be coordinated by the Hong Kong Hub Branch, responsible for the Asia-Pacific area, where the Group is also present in Shanghai, Singapore, Tokyo, Beijing, Ho Chi Minh City, Mumbai and Seoul.

In addition to developing relations with international organisations and the financial and business community, the Representative Office will promote correspondent banking services, interacting with the country’s major banks, offer assistance and advice to companies for entry and development on the local market, be committed to the acquisition of international customers and act as a bridge for corporate and financial institutions seeking investment opportunities and partnerships in Italy. Also, by operating in close synergy with the Hong Kong Branch, the Sydney Office will support commercial banking activities and offer corporate and project finance products, with a particular focus on the sectors power and utilities, oil and gas, technology, media and telecommunications, and mining and infrastructure, as well as cash management and trade services.