HSBC Bank Egypt - AGE (African Growing Enterprises) File

With assets of US$2,547 billion at 30 June 2008, HSBC is one of the world's largest banking and financial services organisations. With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by over 210,000 shareholders in 120 countries and territories.

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from more than 9,500 offices in 85 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.

HSBC Bank Egypt was established in 1982 as Hong Kong Egyptian Bank. In January 1994, the Bank was renamed Egyptian British Bank under the same shareholding structure. The Bank was re-branded HSBC Bank Egypt in April 2001, following an increase in the HSBC Group’s shareholding from 40% to over 90% of its issued share capital.

HSBC Bank Egypt is one of the largest multinational banks operating in Egypt providing a comprehensive range of banking and related financial services through a network of 70 Branches, 13 Units and 229 ATMs in Cairo, Helwan, 6th of October City, Giza, Alexandria, Sharm El Sheikh, Hurghada, Luxor, Marsa Matrouh, El Mansoura, Abo Redees, Port Said, Ismailia, Damietta, Tanta and Damnhour.

Euromoney magazine, in their prestigious Awards for Excellence 2004, voted HSBC 'Best Bank' in the Middle East as well as 'Best Debt House' in the Middle East for the second consecutive year. HSBC was also named 'Best at Risk Management' in the Middle East.

HSBC plans to make Egypt a regional banking hub.