HSBC Egypt plans capital increase in few days
HSBC Holdings PLC has approved to give a support for its Egyptian unit’s capital through retained earnings, CEO and…
Browsing Tag
HSBC Egypt
Corporate lending takes off in Egypt as cash-rich banks flex muscles
Egypt’s cash-rich banks proved themselves resilient through the years of upheaval that followed the 2011 revolution…
HSBC Egypt’s Credit Portfolio hits $3bln end Q1 – Official
HSBC Egypt's credit portfolio has recorded EGP 21.7 billion (US$ 2.8 billion) at the end of first quarter, Amr EL…
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…
Egypt Non-oil Private Sector shrinks for Third month in March; Survey
Egypt's non-oil private sector shrunk in March for the third month in a row, though at a slower pace than last…
HSBC Posts EGP745mn Standalone Profits for H1 in Egypt
HSBC Egypt published its first half results on Sunday, showing 744.794 million Egyptian pounds (US$104.15 million)…
HSBC Egypt Attains 70% Growth in Net Profit in Q1
HSBC Egypt published its first quarter results on Tuesday showing a surge in net profit by 70.5% year-on-year to…
Mobinil Signs EGP2.36 billion Syndicated Loan with 8 Banks
The Egyptian Company for Mobile Services – Mobinil (EMOB.CA) announced on Thursday it signed a syndicated loan…
Egypt Business Activity Shrinks for 13th Month in Row, HSBC Says
Egyptian business activity shrank for the 13th month in a row in October but at a much slower rate, suggesting the…
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…
