HSBC Egypt, 50 Clients in Small Projects Aim Expanding in Foreign Markets

HSBC Bank Egypt has held a meeting today with 50 clients in small projects in order to review their presence in the foreign markets, Mona El Sayed, head of commercial banking at the bank said.

The bank has discussed the risks that may be faced by the clients in case of expanding in the markets and the taxes which will be imposed in the targeted markets, El Sayed added.

The meeting looked into reviewing the risks of the clients in the other countries, noting that the most customers of small projects are focusing on industry and IT sectors, She explained.

Moreover, The clients showed their desires to be presence in European and African markets, most notably Italy and London in addition the Arab markets including UAE.