HSBC Bank Egypt
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| HSBC Bank Egypt SAE | |
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| Type | public, majority shareholder HSBC Holdings plc |
|---|---|
| Founded | 1982 |
| Headquarters | Cairo, Egypt |
| Key people | Abdel Salam El Anwar, Chairman and CEO Mounir El-Zahid, Managing Director |
| Industry | Finance and Insurance |
| Products | Financial Services |
| Slogan | The world's local bank |
| Website | www.egypt.hsbc.com |
HSBC Bank Egypt SAE 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.
[edit] History
HSBC Bank Egypt 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.
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[edit] External links
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Corporate directors: Lord Butler of Brockwell | Raymond Ch'ien | John Coombe | Francisco Gil Díaz | Baroness Dunn | Rona Fairhead | Douglas Flint | William Fung | Michael Geoghegan | Stephen Green | Sharon Hintze | James Hughes-Hallett | Sir Brian Moffat | Sir Mark Moody-Stuart | Gwyn Morgan | Stewart Newton | Simon Robertson | Helmut Sohmen | Sir Brian Williamson |
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Brands: Bank of Bermuda | Beneficial | first direct | Hang Seng | HFC | HSBC | HSBC Bank International | HSBC Guyerzeller | HSBC Halbis Partners | HSBC Investments | HSBCnet | HSBC Premier | HSBC Trinkaus & Burkhardt | Marbles | M&S Money | Proa | Property Vision | WTAS |
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Principal local banks: Argentina | Australia | Bermuda | Brazil | Canada | China | Egypt | France | Germany | Hong Kong | 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%) | SABB (40%) | |
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Annual group revenue: $61.7 billion USD ( |
