HSBC Opens its 4th Subsidiary in Sixth of October City Within 2013

HSBC bank Egypt has inaugurated its branch in Arabs Mall-Sixth of October city, it’s the latest second subsidiary in Sixth of October and the fourth branch which has been opened within 2013, after opening Compound V, El Rehab, Sun City branches over this year.

Francesca MCDonagh, Regional Head of Retail Banking and Wealth Management at HSBC said the bank’s strategy will focus on enhancing its network branches and launching new digital platforms, such as mobile phone services in the coming period.

He added that Egypt is an important market for HSBC group, noting that the bank will continue to invest in distribution channels that meet with the requirements and the evolving needs of customers.