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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 Continental Europe, known until December 2020 as HSBC France SA, is a subsidiary of HSBC, headquartered in Paris. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank .
In July 2016, the United States Department of Justice charged two executives from HSBC Bank over an alleged $3.5 billion currency scheme which defrauded HSBC clients and "manipulated the foreign exchange market to benefit themselves and their bank". [228] "Mark Johnson and Stuart Scott, both British citizens, are being accused."
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 .
National Bank of Oman [2]; Shinhan Bank Egypt sold to Attijariwafa Bank.; Bank of Nova Scotia sold to Arab African International Bank. [3]National ICICI Bank Egypt sold to Qatar National Bank Al Ahli.
HSBC Bank Egypt; HSBC Bank Middle East; HSBC Saudi Arabia, joint venture between HSBC and Saudi Awwal Bank; Global divisions. HSBC Expat, an offshore banking services ...
HSBC Bank Egypt; S. Suez Canal Bank This page was last edited on 14 January 2021, at 02:53 (UTC). Text is available under the Creative Commons Attribution ...
This exchange value of 97.5 piastres to the pound sterling continued until the early 1960s when Egypt devalued slightly and switched to a peg to the United States dollar, at a rate of E£1 = US$2.3. The Egyptian pound was also used in Anglo-Egyptian Sudan between 1899 and 1956, and Cyrenaica when it was under British occupation and later an ...