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…
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HSBC
HSBC launches its first cashback credit card in Egypt
HSBC has launched its first cashback credit card in Egypt, giving retail customers up to 3 percent cashback on…
HSBC reportedly mulls exiting from U.S. retail banking
HSBC Holdings Plc is considering a complete exit from its retail banking in the United States, the Financial Times…
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 to ovehaul business model as lower interest rates hit profit
HSBC Holdings signalled it would embark on a pandemic-induced overhaul of its business model, seeking to flip its…
Egypt hires Credit Agricole, Citi, HSBC, Deutsche Bank for U.S. dollar green bonds
Egypt has hired four banks ahead of a potential issuance of U.S. dollar-denominated green bonds, according to a…
HSBC sees Egyptian economy growing at a 2.5-3% in FY2020-2021
HSBC sees the Egyptian economy growing at 2.5-3 percent in FY2020-2021 as strong economic fundamentals help the…
HSBC warns it could face reprisals in China if UK bans Huawei equipment
HSBC Holdings Plc chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei…
Egypt says has sold $5 billion in three tranches of bonds
Egypt has on Thursday sold $5 billion in bonds in three tranches with maturities of four, 12, and 30 years, a…
HSBC Q1 pre-tax profit falls nearly half due to coronavirus
HSBC, Europe’s largest bank, announced on Tuesday that its pre-tax profit tumbled 48 percent year-over-year to…