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HSBC Bank Middle East

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HSBC Bank Oman S.A.O.G has been present in the Sultanate since 1948, and for two decades it was the only bank operating in the country. The bank assisted in the issuance of the first Omani currency in 1970. It provides a wide range of banking services for both corporate and retail banking customers.
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HSBC has been operating in Lebanon since 1946. It maintained a network of four offices in St. Georges Bay, Dora, Achrafieh and Ras Beirut which is supported by telephone and internet banking services. On 16 November 2016, HSBC announced the sale of its Corporate, Retail Banking and Wealth Management
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HSBC has been present in Qatar since 1954. The bank offers a full range of cross-border banking products and services including Retail Banking, Commercial and Global Banking, Wealth Management and Offshore banking. HSBC is the largest foreign bank in Qatar and has three branches in Doha, located at
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initially. In 2008, The Hongkong and Shanghai Banking Corporation merged its Pakistan banking business with HSBC Bank Middle East Limited. Over the course of next 4 year, it expanded its operations to all major cities of Pakistan and operated as a full-service bank. At its peak, it had 12 offices,
621:, citing strategy of scaling back its operations in markets with limited scale. The transaction, after regulatory and other customary approvals, completed on 14 October 2014. All employees in the business were offered positions with Meezan upon completion. 768:"Geoffrey Jones: The history of the British Bank of the Middle East. 2 vols. I: Banking and empire in Iran. II: Banking and oil. xxiv, 418 pp.; xxi, 359 pp., 32 plates. Cambridge, etc.: Cambridge University Press, 1986, 1987. £40, $ 75; £40, $ 75" 807:"The History of the British Bank of the Middle East. By Geoffrey Jones. Vol. 1: Banking and Empire in Iran. Cambridge: Cambridge University Press, 1986. Pp. xxiv, 418. $ 75.00. Vol. 2: Banking and Oil. 1987. Pp. xxi, 359. $ 70.00" 499:
HSBC first received the license to operate in Kuwait as the Imperial Bank of Persia in 1942, it renamed itself to BBME in 1952. It left the country in 1971 following the nationalisation of all foreign bank operations.
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The bank has several dedicated 'Premier' Customer Service Centres in Madinat al Sultan Qaboos and Azaiba, in addition to dedicated service areas in certain main branches such as Qurum and Ruwi.
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The bank was the first modern bank in Iran and introduced European banking ideas to a country in which they were previously unknown. The legal centre of the bank was in
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had established itself in Jordan in 1949. At one point it had a branch in Jordanian Jerusalem, before the Israeli occupation of east Jerusalem after the war of 1967.
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HSBC operated in the Palestinian Territories until 31 December 2015. All operations of HSBC, including personal and commercial banking and headquarters in
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The United Arab Emirates represents a key part of HSBC's business, with 24 branches and offices. It is also the location of HSBC's regional head office.
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24/7 telephone call centre, and HSBC Premier. The bank also offered NRP (Non-Resident Pakistani) services. Out of its branches, four were located in
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On 22 February 2021, the HSBC Group announced a change to its senior management team in the Middle East, North Africa and Turkey region.
2107: 336:, but remains locally regulated in each of the countries in which it operates by the country's Central Bank and its other regulators. 333: 1498: 293:
In 1959, BBME was acquired by The Hongkong and Shanghai Banking Corporation Limited. In 1994, the bank's head office was moved to
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The bank formally reestablished a presence in Kuwait in October 2005 after receiving a license by Kuwait's Council Of Ministers.
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unit. It is represented by HSBC Middle East Limited (HBME) and is the largest foreign bank in Bahrain. The bank has branches, in
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In 2009, HSBC France transferred the supervision of the bank to HBME. The bank has two branches located at the cities of
2112: 523:. The sale was completed on 13 June 2017. All employees were transferred to BLOM Bank S.A.L. as part of the agreement. 488: 484:
In 2013, HSBC Jordan's banking business consisted of four branches with gross assets of approximately $ 1.2 billion.
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On 9 May 2014, HSBC Bank Middle East (HBME) entered into an agreement to sell its banking business in Pakistan to
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In recent years HSBC Oman has expanded to over 90 branches and in addition has a full-service trading operation,
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In 1952, the bank abandoned the Iranian market and it was later renamed British Bank of the Middle East (BBME).
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This article is about the bank headquartered in the United Arab Emirates. For the global HSBC Group, see
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in April 2001 following an increase in shareholding by the HSBC Group's from 40% to 94.5% of its issued
58: 442: 1969: 1863: 447: 1037: 1913: 1689: 1684: 1668: 240:: إتش إس بي سي الشرق الأوسط) is the largest and most widely represented international bank in the 1908: 1769: 1764: 1759: 1724: 1535: 834: 687: 581:
in 1982 with limited presence in three major cities. HSBC's offices in Pakistan were operated by
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opened a branch in 1975 that it closed in 1986, having failed to adapt itself to the market.
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HSBC provides a range of banking services for both corporate and retail banking customers in
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HSBC has a presence in Bahrain since 1944 when the Imperial Bank Of Persia opened a branch.
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Airport Road, City Center and Salwa, as well as a network of ATMs at 11 locations.
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In June 2016, the bank transferred its place of incorporation and head office from
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The bank's network in Bahrain extends to three locations, including an
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HSBC maintains a network of offices in various countries in the
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with 40% HSBC ownership. In January 1994, the bank was renamed
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under the same shareholding structure. The bank took the name
90: 1324:"HSBC Oman, Oman International Bank sign agreement on merger" 287:. It also had operations in other Middle Eastern countries. 217: 191: 178: 152: 139: 1515: 462:
with a full banking license since 2001, headquartered at
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Dr. Juma Ali Juma Al Juma (Senior Independent Director)
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Bulletin of the School of Oriental and African Studies
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HSBC has a presence in Algeria since August 2008 when
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Alwan, Daoud Aboubakern, and Yohanis Mibrathu (2000)
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ever since 1946, thus the first in the Middle East.
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For other individual entities of the group, see 2143:2015 disestablishments in the State of Palestine 1019:"HSBC in Israel - About HSBC | HSBC Israel" 986:"HSBC in Bahrain - About HSBC | HSBC in Bahrain" 637:in August 2010, it was closed in December 2015. 16:Middle Eastern subsidiary of multinational bank 1573:The Hongkong and Shanghai Banking Corporation 1536: 1349:"SBP issues licence to HSBC Bank Middle East" 1139:"HSBC set to end 30-year absence from Kuwait" 959:"HSBC in Algeria - About HSBC | HSBC Algeria" 583:The Hongkong and Shanghai Banking Corporation 8: 1399:"Meezan Bank acquires HSBC | Pakistan Today" 30: 1164:"HSBC sells Lebanese business to BLOM Bank" 1115:"HSBC in Kuwait - About HSBC | HSBC Kuwait" 536:operation, and a custodial service for the 1551: 1543: 1529: 1521: 268:banker and businessman who later became a 104:Abdul Hakeem Mostafawi, CEO of HSBC Qatar 36: 29: 1442:"HSBC in Qatar - About HSBC | HSBC Qatar" 858:"HSBC in the UAE - About HSBC | HSBC UAE" 628: 441: 102:Martin Tricaud, Deputy Chairman and CEO 1272:"HSBC in Oman - About HSBC | HSBC Oman" 758: 553:Waleed Omar Al Zawawi (Deputy Chairman) 109:Osama Ali, Head of Global Banking Qatar 2138:Israeli companies established in 2001 2133:Kuwaiti companies established in 2005 1511:HSBC Bank Middle East Limited website 1374:"HSBC Pakistan agreement with Meezan" 1266: 1264: 31:HSBC Bank Middle East Limited company 7: 2023: 1188:"HSBC sells its business in Lebanon" 980: 978: 852: 850: 848: 320:HSBC has maintained its presence in 306:Dubai International Financial Centre 1062:"HSBC sells its business in Jordan" 1036:Hainey, Raymond (21 January 2014). 645:, were closed by 31 December 2015. 550:Sir Sherard Cowper-Coles (Chairman) 1090:"HSBC begins operations in Kuwait" 334:Dubai Financial Services Authority 14: 2098:Banks of the United Arab Emirates 1491:Historical Dictionary of Djibouti 343:. Operations of the group in the 2022: 2009: 2008: 1581: 1296:"HSBC Bank Oman merger with OIB" 1008:Alwan and Mibrathi (2000), p.20. 721: 679:Martin Tricaud (Deputy Chairman) 2093:Banks of the State of Palestine 811:The Journal of Economic History 805:Pamuk, Sevket (December 1988). 766:Burrell, R. M. (October 1988). 666:Board of directors (as of 2020) 577:HSBC started its operations in 479:British Bank of the Middle East 405:British Bank of the Middle East 283:, its activities were based in 264:(born Israel Beer Josaphat), a 2128:1946 establishments in Lebanon 546:HSBC Bank Oman board members: 1: 2118:2001 establishments in Israel 1950:Charterhouse Capital Partners 279:and whilst it was subject to 234:HSBC Bank Middle East Limited 2123:1954 establishments in Qatar 1222:. 2017-06-18. Archived from 70:; 135 years ago 1879:Crédit Commercial de France 931:"HSBC report for investors" 559:Aimen Ahmed Sultan Al Hosni 489:Arab Jordan Investment Bank 458:HSBC started operations in 418:was established in 1982 as 347:are under this subsidiary. 2159: 1934:Williamsburgh Savings Bank 1874:Continental Bank of Canada 1824:Canara HSBC Life Insurance 1796:Hang Seng Bank (Hong Kong) 963:www.about.algeria.hsbc.com 18: 2108:Banks established in 1889 2004: 1579: 823:10.1017/S0022050700006975 784:10.1017/S0041977X00116830 332:HBME is regulated by the 35: 1929:Samuel Montagu & Co. 1859:Bank of British Columbia 1403:www.pakistantoday.com.pk 675:David G Eldon (Chairman) 538:Muscat Securities Market 1904:Imperial Bank of Persia 1811:Minority stakes and JVs 747:Imperial Bank of Persia 625:Palestinian Territories 272:and a British subject. 254:Imperial Bank of Persia 1884:Greenwich Savings Bank 1818:Bank of Communications 737:The Saudi British Bank 638: 455: 420:Hongkong Egyptian Bank 329: 262:Baron Julius De Reuter 1852:Predecessor companies 1678:Principal local banks 1493:. (Scarecrow Press). 1446:www.about.hsbc.com.qa 1119:www.about.hsbc.com.kw 990:www.about.hsbc.com.bh 633:HSBC headquarters in 632: 445: 424:Egyptian British Bank 319: 59:Finance and Insurance 1864:Barclays Bank Canada 1276:www.about.hsbc.co.om 1023:www.about.hsbc.co.il 658:United Arab Emirates 565:Christine Jane Lynch 562:Paul Joseph Lawrence 448:Rothschild Boulevard 2113:Companies of Jersey 1943:Former subsidiaries 1914:Marine Midland Bank 1516:HSBC Israel Website 911:ArabianBusiness.com 704:Christopher Spooner 312:Middle East banking 32: 1909:Lloyds Bank Canada 1705:Continental Europe 1591:Board of directors 698:Neslihan Erkazanci 639: 598:, and one each in 568:Abdulfattah Sharaf 456: 366:(head office) and 330: 118:Financial services 2103:HSBC subsidiaries 2088:Banks of Pakistan 2040: 2039: 1924:Republic New York 1830:HSBC Saudi Arabia 1802:M&S Bank (UK) 1791:First Direct (UK) 1659:HSBC Private Bank 1649:HSBC InvestDirect 1608:Henri de Castries 1428:www.about.hsbc.ps 1405:. 21 October 2014 1042:The Royal Gazette 862:www.about.hsbc.ae 688:Amina Alrustamani 683:Muna Easa Al Gurg 487:On 19 June 2014, 468:HSBC Private Bank 231: 230: 2150: 2073:Banks of Lebanon 2053:Banks of Bahrain 2031: 2026: 2025: 2017: 2012: 2011: 1965:HSBC Bank Panama 1960:HSBC Bank Canada 1955:HSBC Bank Brazil 1784:Subsidiary banks 1585: 1559: 1555: 1545: 1538: 1531: 1522: 1477: 1476: 1475:. 24 April 2021. 1470: 1462: 1456: 1455: 1453: 1452: 1438: 1432: 1431: 1420: 1414: 1413: 1411: 1410: 1395: 1389: 1388: 1386: 1384: 1370: 1364: 1363: 1361: 1360: 1345: 1339: 1338: 1336: 1335: 1320: 1314: 1313: 1311: 1309: 1300: 1292: 1286: 1285: 1283: 1282: 1268: 1259: 1258: 1256: 1255: 1249:www.blombank.com 1241: 1235: 1234: 1232: 1231: 1226:on June 18, 2017 1212: 1206: 1205: 1203: 1201: 1192: 1184: 1178: 1177: 1175: 1174: 1168:www.spglobal.com 1160: 1154: 1153: 1151: 1150: 1135: 1129: 1128: 1126: 1125: 1111: 1105: 1104: 1102: 1101: 1096:. 3 October 2005 1086: 1080: 1079: 1077: 1075: 1066: 1058: 1052: 1051: 1049: 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Index

HSBC
HSBC Bank

Subsidiary
Finance and Insurance
Dubai
UAE
Financial services
www.hsbc.ae
www.hsbc.com.eg
www.hsbc.com.qa
www.hsbc.co.om
www.hsbc.com.lb
www.hsbc.com.bh
www.hsbc.co.il
www.hsbc.com.kw
Arabic
Middle East
Imperial Bank of Persia
Iran
Baron Julius De Reuter
German Jewish
Christian
London
British law
Tehran
Jersey
Jersey
Dubai International Financial Centre

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