HSBC Bank Egypt
Encyclopedia : H : HS : HSB : HSBC Bank Egypt
HSBC Bank Egypt is one of the largest multinational banks in Egypt, and provides a comprehensive range of banking and related financial services through a network of 22 branches and 7 mini bank units in Cairo, Alexandria, Sharm El Sheikh, Hurghada, Borg El Arab and Sixth of October City Egypt.
History
HSBC Bank Egypt SAE was established in 1982 as Hongkong Egyptian Bank with 40% HSBC ownership. In January 1994, the bank was renamed Egyptian British Bank under the same shareholding structure. The bank was rebranded HSBC Bank Egypt in April 2001 following an increase in shareholding by the HSBC Group's from 40% to 94.5%.of its issued share capital.
In 2001, 2003 and 2005, the The Banker magazine named it 'The Bank of the Year' in Egypt.
See also
External links
| Corporate Directors: Baroness Dunn | Sir Brian Moffat | Stephen Green | Lord Butler of Brockwell | Raymond Ch'ien | John Coombe | Rona Fairhead | Douglas Flint | William Fung | Michael Geoghegan | Sharon Hintze | James Hughes-Hallett | Sir Mark Moody-Stuart | Stewart Newton | Simon Robertson | Helmut Sohmen | Sir Brian Williamson |
| Brands: The Bank of Bermuda | Beneficial | first direct | Hang Seng | HFC | HSBC | HSBC Bank International | HSBC Halbis Partners | HSBC Investments | HSBCnet | HSBC Premier | Marbles | M&S Money | Proa |
| Local Banks: Argentina | Australia | Bermuda | Brazil | Canada | China | Egypt | France | Germany | Hong Kong | Iraq | Malaysia | Middle East | Malta | Mexico | Poland | Turkey | United Kingdom | United States |
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Minority Stakes and Joint Ventures: Bank of Communications (19.9%) | Bank of Shanghai (8%) | HSBC Saudi Arabia Limited (60%) | Ping An (19.9%) | Techcombank (10%) | The Saudi British Bank (40%) | UTI Bank Limited (4.99%) | Wells Fargo HSBC Trade Bank N.A. (20%) |
| Annual Group Revenue: .7 billion USD ( 10% FY 2005) | Employees: 284,000 | Stock Symbol: LSE: [HSBA] | Website: [www.hsbc.com] |
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