HSBC says it remains committed to corporate and investment banking in Egypt; the two business units account for the lion’s share of its business here If it goes through, the transaction will make ...

Emirates NBD has agreed to acquire HSBC Bank Egypt’s entire retail banking business. The deal expands the UAE lender’s consumer banking scale in Egypt. Both groups announced the agreement on August 2, ...

HSBC has agreed to divest its retail banking operations in Egypt to Emirates NBD Egypt. The agreement includes the assets and liabilities tied to HSBC Egypt’s full retail banking business. This covers ...

HSBC Holdings plc (‘HSBC’ or ‘HSBC Group’) today announces that its indirect subsidiary, HSBC Bank Egypt S.A.E. (‘HSBC Egypt’), has entered into an agreement to sell its retail banking business to ...

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HSBC has agreed to sell its Egyptian retail banking business to Emirates NBD Egypt as part of the global banking group’s continued portfolio simplification. The transaction includes the assets and ...

Emirates NBD's planned acquisition of HSBC Bank Egypt's retail banking business is expected to increase the country's contribution to the UAE banking group's deposit ...

HSBC Holdings HSBC is accelerating the simplification of its global operations and recently announced two major transactions involving its retail banking businesses in Egypt and Australia. The moves ...

Sale expected to generate an estimated pre-tax gain of approximately US$0.3 billion Egypt remains important market for HSBC Corporate and Institutional Banking with strong growth potential HSBC ...