Egypt HSBC

           

  

 

 

           

 

 

Egypt HSBC

 

Egypt HSBC

 

The Egypt HSBC is the short name of the HSBC Bank Egypt SAE, a multinational bank of Egypt that provides a large range of financial and banking services.

 

The bank has a network of 17 mini bank units and 43 branches in Hurghada, Cairo, Sharm El-Sheikh, Alexandria, 6th of October City and Borg El Arab.

 

In 1982, the bank was established as Hong Kong Egyptian Bank having 40% HSBC ownership. The name of Egyptian British Bank was given to the bank in January 1994 but the shareholding structure was the same. In April 2001 the bank became HSBC Bank Egypt with 94.5% shareholding by HSBC. The bank was named the ‘bank of the year’ in Egypt, in 2001, 2003, 2005, by the Banker Magazine.
 

The HSBC Bank Egypt provides some commercial banking services such as: credit cards, loans, deposits.

 

Among the investment banking services offered by the bank is the initial public offerings, corporate advisory on acquisitions and mergers.

 

This big multinational bank of Egypt provides the banking services and the financial services through its network that includes 13 units, 62 branches and 199 ATMs in cities like: Alexandria, Cairo, Helwan, Giza, Hurghada, Sharm el Sheikh, Port Said, Luxor, El Mansoura, Damietta, Marsa Matrouh, Abo Redees, 6th of October City, Ad Daqahliyah, Ash Sharqiyah.

Units of the bank are also in South Sinai and Red Sea.

 

The readers of the Banker Middle East Magazine voted the bank as the Best Wealth Management Initiative due to its services.
 
Egypt HSBC

In 2004, the EuroMoney Magazine at the Excellence Awards voted the HSBC Bank Egypt as Best Bank from the Middle East and as the Best Debt House from the Middle East; this prize was received by the bank for the second year, consecutively.

 

More, the bank was named the Best at Risk Management from the Middle East. As a recognition of the bank` s efforts of providing world class products and services, in 2008, the Global Finance awarded the bank with the Best Consumer Internet Bank award.

 

Among other prizes won by the bank are: the Best Project Finance House by EuroMoney Magazine in 2007 by the Islamic Finance Awards, the Best Bank for Payments and Collections in the Middle East, in 2007, by the Global Finance Magazine, Best Bank for Risk Management from the Middle East, in 2007, by the Global Finance Magazine, Best Sub-Custodian from the Middle East,

 

 

 

in 2007, by the Global Finance Magazine, Best International Islamic Bank, in 2007, by the Euromoney Magazine, at the Islamic Finance Awards, Best Bank for Cash Management and Treasury Award, in 2007, by the Global Finance Magazine, Best Project Finance Deal by Euromoney Magazine, in 2007, at the Islamic Finance Awards, Best CLS-Linked Bank Offering from the Middle East, in 2007, by the Global Finance Magazine, Best Project Finance House by Euromoney Magazine, in 2007, at the Islamic Finance Awards. The address of the bank is: Abu Al Feda Building, 3 Abu Al Feda Street
Zamalek, Cairo, Egypt. The telephone numbers are: +20 2-2735-9186, +20 2-2735-9286.

 
 

 

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