HSBC Bank Middle East
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HSBC Bank Middle East Limited is the largest and most widely represented international bank in the Middle East. HSBC was voted Best Wealth Management Initiative in the GCC for its HSBC Premier service by readers of The Banker Middle East magazine.
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History
A principal member of the HSBC Group since 1959, the bank's unique relationship with the Middle East dates back more than a century. Founded in London in 1889, it pioneered banking in the region and for decades was the only bank committed to supporting the area. Today HSBC Bank Middle East Limited provides a wide range of banking services for both corporate and personal customers in Bahrain, Jordan, Lebanon, Oman, Qatar and the United Arab Emirates.Middle East operations
HSBC Bank Middle East maintains a network of offices in various countries in the Middle East. Operations of the group in the Middle East are under this subsidiary, and it forms the regional headquarters the area, making it is responsible for the management of the group's stake in British Arab Commercial Bank.Bahrain
The bank's network in Bahrain extends to seven location, including an offshore banking unit.Jordan
Operations in Jordan are supported by two locations, telephone and internet banking.Lebanon
Having entered Lebanon in 1946, HSBC has maintained its presence ever since. A network of six offices in St. Georges Bay, Dora, Ras Beirut, Verdun and Zouk, is supported by telephone and internet banking services.Oman
In the Sultanate since 1948, it provides a range of banking services for both corporate and individual customers. Of the four locations in Oman the key locations are Bait Al Falaj and Salalah branches, along with a full service trading operation, private banking operation, and a custodial service for the Muscat Securities Market.Qatar
HSBC provides a range of banking services for both corporate and individual customers in Qatar. HSBC is the largest foreign bank in Qatar and has five branches, in Doha, Al Sadd, West Bay, Rayyan and Grand Hamad Street as well as a large network of ATMs at 21 different locations.United Arab Emirates
The United Arab Emirates represents a key part of HSBC Bank Middle East's business, with 16 branches and the firm's head office located here.Kuwait
HSBC recently started operations in Kuwait with a capital of KD 15'000'000/-.Board of directors
- Stephen Green, Chairman
- David H Hodgkinson, Deputy Chairman
- Edmond Carton
- Iqbal Khan (banker)
- Christopher J M Keirle
- John Claude Tibbo
- Robin Stock
- Geoffrey Calvert, OBE
- Abdel Salam Moustafa El Anwar
- Mukhtar Hussain
See also
| 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 |
|
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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