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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 took the name 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 .
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 took the name 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 .
HSBC Holdings plc (Chinese: 滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
View history; Tools. Tools. move to sidebar hide. ... HSBC Bank may refer to any one of the following principal local banks or divisions ... HSBC Bank Egypt; HSBC ...
Abu Dhabi Islamic Bank - Egypt (ADIB), part of Abu Dhabi Islamic Bank Group; Abu Dhabi Commercial Bank - Egypt (ADCB), part of Abu Dhabi Commercial Bank Group; Egyptian Gulf Bank (EG-Bank) Arab African International Bank (AAIB) HSBC Bank Egypt S.A.E., part of HSBC Group; Arab Banking Corporation - Egypt S.A.E. (BankABC), part of Arab Banking ...
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
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Eldon was the non-executive chairman of HSBC Bank Egypt and HSBC Bank Turkey A.S., roles to which he was appointed in 2017, and retired from both during 2021. He was non-executive chairman of HSBC Bank Oman between 2013 and 2017 [5] and he has been Adviser to the CEO of HSBC's Global Commercial Bank since 2016.