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 |
| Website | www.egypt.hsbc.com |
HSBC Bank Egypt SAE is a multinational bank in Egypt, providing a wide 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 6th of October City.
[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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