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In 1952, the bank abandoned the Iranian market and it was later renamed British Bank of the Middle East (BBME). [2] In 1959, BBME was acquired by The Hongkong and Shanghai Banking Corporation Limited. [citation needed] In 1994, the bank's head office was moved to Jersey, and subsequently changed its name to HSBC Bank Middle East (HBME) in 1999.
Samir Assaf (Arabic: سمير عساف; born 20 June 1960) is a Lebanese businessman.He is a senior advisor to HSBC's Group Chairman, Group CEO and the bank's business, and non-executive chairman of the boards of HSBC Bank Middle East Limited and HSBC Middle East Holdings. [1]
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.
The bank traces its origins to the British Bank of the Middle East which was acquired by HSBC in 1959. In response to restrictions on foreign ownership of banks in Saudi Arabia, Saudi Arab British Bank (SABB) was created in 1978 to manage HSBC branches and assets in the country.
David Gordon Eldon CBE (Chinese: 艾爾敦, born 1945) is the former chairman of The Hongkong and Shanghai Banking Corporation Limited.He retired in May 2005, after spending 37 years with HSBC Group, but made a return to banking in 2011 as non-executive chairman of HSBC Bank Middle East Limited.
HSBC Bank Middle East: HSBC 1954 [9] HSBC: hsbc.com.qa: BNP Paribas Middle East Africa 1973 [10] BNP Paribas: mea.bnpparibas.com: Bank Saderat Iran - Qatar BSI 1970
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HSBC Saudi Arabia Limited is a joint venture between The Saudi British Bank (SABB) and HSBC Holdings plc, [2] established in 2005, as a limited liability company headquartered in Riyadh, Saudi Arabia with a share capital of SAR 50 million (US$13.33 million).