GAFI, HSBC partner to promote Egypt’s opportunities abroad
Egypt’s General Authority for Investment and Free Zones (GAFI) is collaborating with HSBC Egypt to promote the…
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HSBC Bank Egypt
HSBC to market Egypt’s investment opportunities
Egypt’s General Authority for Investment and Free Zones (GAFI) signed a Memorandum of Understanding (MoU) with HSBC…
Egypt’s pound inches down to EGP 27.60 against dollar in some banks
Egypt’s pound currency inched down to EGP 27.50 against the U.S. dollar for buy and EGP 27.60 for sell at banks at…
HSBC launches Foras Trade Fund to support Egypt SMEs
HSBC has launched on Tuesday a Foras Trade Fund worth 3 billion Egyptian pounds ($191 million) to support small and…
HSBC earmarks funding to a coastal ecosystem restoration project in Egypt
HSBC said on Monday it is committing philanthropic funding to a coastal ecosystem project in Egypt, as part of the…
HSBC, Reefy sign EGP 150 mln deal to support Egyptian women-led MSMEs
HSBC and Egyptian microfinance institution Reefy signed on Saturday an agreement to provide 150 million Egyptian…
Egypt’s economy sees 2.5% growth as momentum to continue into 2021 – HSBC
Egypt’s economy is expected to grow 2.4 percent for 2020, compared to a global contraction of 4.1 percent,…
HSBC Bank Egypt starts dealing in yuan
HSBC Bank Egypt has started dealing in China’s yuan, or renminbi (RMB), for its corporate clients following an…
HSBC removes curbs on Egyptians’ use of credit cards abroad
HSBC Bank Egypt has removed all the curbs imposed on the Egyptians’ use of credit cards abroad and restored the…
Mona El Sayed resigns from HSBC Egypt – Sources
Mona El Sayed has stepped down as head of commercial banking for HSBC Bank Egypt, sources from the bank with…
HSBC Considers EGP2bn Finances for Energy, Food, Contracting and Oil Sectors
HSBC Bank Egypt is studying to secure finances worth more than EGP 2 billion ($279.6 billion) for sectors of…
HSBC Egypt mulls EGP1 billion Finances for 8 Cement Firms
HSBC Bank Egypt is considering securing finances worth EGP 1 billion ($139.8 million) for 7 to 8 companies working…
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…
HSBC Bank Oman Appoints Andrew Long Chief Executive
HSBC Bank Oman, Oman's fourth-largest lender by assets, said on Tuesday it had appointed Andrew Long as chief…
HSBC Names Emmanuel Blanchet New CEO in Egypt
Jacques-Emmanuel Blanchet has been appointed CEO of HSBC Bank Egypt SAE, the bank announced today.…
EBRD Commits $50mn to Support Responsible Energy Development in Egypt
The European Bank for Reconstruction and Development (EBRD) has joined HSBC Bank Egypt in a facility providing a…
HSBC Egypt Upgrades its Call Centre System, Continues Investments in Technology
HSBC Bank Egypt has recently upgraded its Call Centre Interactive Voice Response System “IVR” with the latest…
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…
HSBC Launches New Branch in Egypt
Earlier this month, Ranjan Sen, Head of Retail Banking and Wealth Management at HSBC Bank Egypt and Francesca…
HSBC Says Q1 Profits Jump To $8.4 Bln As Bad Debts Drop
HSBC said its first quarter profits almost doubled from a year ago to more than $8 billion as bad debts and costs…
HSBC Launches Two New Branches In Rehab City, El-Tagamu El-Khames
HSBC Bank Egypt announced today that it launched two new branches in Rehab City and El-Tagamu El-Khames (fifth…
Mobinil Loan Arrangers Send Info Memo To 17 Banks
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
Al Futtaim Asks HSBC, CIB To Arrange EGP 2 Bln Loan
Al Futtaim Group has asked HSBC Bank Egypt and Commercial International Bank (CIB) to take faster steps to arrange…
Mobinil Loan Arrangers To Send Info Memo To Banks Next Month
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
HSBC Egypt Stops Online Foreign Currency Service
HSBC Bank Egypt stopped the foreign currency operations through the internet banking service temporarily because of…
HSBC, NSGB, Piraeus Offer EGP 670 Mln To Beni Suef Cement
HSBC Bank Egypt, National Societe Generale Bank (NSGB) and Piraeus Bank Egypt have approved to offer credit…
HSBC Egypt 9-Month Net Profit (Non-Consolidated) Hits EGP 1.065 Bln
HSBC Bank Egypt achieved net profit of EGP 1.065 billion at the end of last September, compared to EGP 867.6…
Egypt’s Trade Eligible To Grow: HSBC Egypt CEO
Andrew Long, CEO of HSBC Bank Egypt, expected Egypt’s trade to greatly improve in the upcoming period, thanks to…
Al-Futtaim Paid EGP 40 Mln Loan Fees
Al-Futtaim Group, owner of Cairo Festival City project, paid administrative fees of about EGP 40 million during the…
HSBC Vows To Strengthen Money-Laundering Controls
HSBC’s Retail Banking and Wealth Management Units work in compliance with the international supervisory and…
HSBC Has Expansion Plans In Egypt: Francesca McDonagh
Francesca McDonagh, HSBC’s Regional Head of Retail Banking and Wealth Management for the Middle East and North…
HSBC Egypt Chairman Retires
Abdel Salam El Anwar, who served as Chairman of HSBC Bank Egypt since 2003, was retired. Sources said Simon Cooper,…
Abo El Sebaa Receives EGP 50 Mln Credit Facilities From 15 Banks
About 15 banks started to disburse credit facilities of EGP 50 million to shore up the ailing Abo El Sebaa Weaving…
HSBC Egypt: Retail Loans Registered EGP 2.8 Bln In June 2012
HSBC Bank Egypt said the value of retail finances registered EGP 2.855 billion at the end of June 2012, up from EGP…
30 Lucky Winners in HSBC Debit Card Cash Prize Campaign
HSBC Bank Egypt recently announced the winners of its “HSBC Debit Card Cash Prize Campaign”. 30 lucky customers…