HSBC Bank Egypt SAE is a multinational bank of the HSBC Group in Egypt. It is headquartered in its capital Cairo and currently has 51 branches in Cairo, Alexandria, Sharm el-Sheikh, Gurdaige and Giza.

Resume

The HSBC Bank Egypt was established in 1982. At the beginning of its establishment, it was called Hongkong Egyptian Bank SAE, and the Hong Kong and Shanghai HSBC Bank held 40% of the shares. In January 1994, the bank was renamed the British Bank of Egypt, and its shares remained unchanged. In April 2001, HSBC Group increased its shareholding to 94.5% and changed its name to HSBC Bank Egypt

HSBC Bank Egypt is part of HSBC Holdings Limited, established in 1982 as a subsidiary of HSBC Group in Egypt, dedicated to providing comprehensive financial services. Here are some details about HSBC Bank Egypt:

Main Services

1. Personal Banking: HSBC Bank Egypt offers a wide range of financial products and services to individual customers, including savings accounts, personal loans, credit cards, home loans, and more.
2. Commercial Banking: The bank provides commercial lending, cash management, trade finance and foreign exchange services to small and medium-sized enterprises and large enterprises to help enterprises operate in domestic and foreign markets.
3. Investment Banking: Provides capital markets, M & A advisory and other investment banking services to support corporate finance and Strategy and Development.
4. Wealth Management: Provides investment advisory, asset management and financial planning services to high net worth clients to help clients increase their wealth.

Market positioning

HSBC Egypt is positioned as an international bank in the Egyptian market, combining the global network and in-depth understanding of the local market, aiming to provide quality financial services to its customers. It has branches in several cities in Egypt in order to better serve its customers.

social responsibility

HSBC Egypt is actively involved in social responsibility activities and is committed to supporting areas such as education, environmental protection, community development, etc. The bank promotes sustainable development and social welfare through various projects and collaborations.

Development History

Since its establishment, HSBC Egypt has undergone several developments and expansions, gradually strengthening its influence in financial marekt Egypt. As part of the HSBC Group, it is able to leverage global resources and expertise to provide better service to its clients.