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Press Releases

September 2010

24 September 2010

HSBC ANNOUNCES NEW LEADERSHIP TEAM
HSBC Holdings plc today unveils the leadership team that will take forward HSBC’s position as the world’s leading international bank which has been sustained and enhanced under the leadership of Stephen Green and Michael Geoghegan.

July 2010

28 July 2010

HSBC WINS MAJOR EUROMONEY AWARDS FOR EXCELLENCE
HSBC received twenty major awards at the annual Euromoney Awards for Excellence dinner held in London earlier this month.

JUNE 2010

21 June 2010

BUSINESS CONFIDENCE INDEX MAINTAINS POSITIVE SENTIMENT
The mood of business people in the GCC is characterized as “realistically optimistic” by HSBC in its latest Gulf Business Confidence Index. Predictions of revenue, maintenance of profits, budgets and meeting targets all remain positive, and the Index across all six countries remains at its highest for two years.

JUNE 2010

10 June 2010

HSBC WINS THREE MAJOR EUROMONEY AWARDS FOR EXCELLENCE
HSBC received three major awards at the annual Euromoney Awards for Excellence dinner held in Beirut. Receiving the awards were Mohammad Al Tuwaijri the newly appointed Head of Global Banking and Markets, MENA, and Simon Vaughan Johnson, Head of Commercial Banking, MENA.

JANUARY 2010

14 January 2010

GULF BUSINESS CONFIDENCE INDEX DECLINES IN 4TH QUARTER OF 2009
Levels of confidence among Gulf business people declined slightly in the fourth quarter of 2009, although regional variations are beginning to emerge, with Kuwait and Saudi showing increasing confidence, while in the UAE, Oman and Bahrain business confidence levels have declined in the fourth quarter.

NOVEMBER 2009

13 November 2009

HSBC WINS TRADE AWARDS
HSBC Bank Middle East Limited has been named the 'Best Trade Finance Bank in Middle East and North Africa' and HSBC Amanah was voted 'Best Islamic Trade Finance Bank' at the inaugural Global Trade Review magazine's annual trade awards in London recently.

OCTOBER 2009

18 October 2009

HSBC VOTED BEST CASH MANAGEMENT BANK IN THE MIDDLE EAST
HSBC has been voted Best Cash Management Bank in the Middle East in the Euromoney Cash Management Poll 2009.

SEPTEMBER 2009

24 September 2009

HSBC IMPLEMENTS REGIONAL IFTAR MEALS PROGRAMME
HSBC Bank Middle East Limited has successfully implemented a regional Iftar meal distribution programme for the second consecutive year. With funding through the HSBC in the Community Middle East Foundation, more than 5500 Iftar meals were distributed across the UAE, Qatar, Bahrain, Lebanon, Jordan, Kuwait and Pakistan.

SEPTEMBER 2009

08 September 2009

HSBC AMANAH HOSTS RAMADAN IFTARS FOR YOUNG ORPHANS IN PAKISTAN
During the holy month of Ramadan HSBC Amanah is joining forces with Action Care, a UAE based organization, to host ‘The Gift of Giving’ Iftars for young orphans across the Middle East – hosting the Pakistan event on 7th September 2009.

JUNE 2009

29 June 2009

HSBC PRESENTS AWARD TO HABIB METRPOLITAN BANK
Habib Metropolitan Bank (subsidiary of Habib Bank AG Zurich) has received the 'Transaction Banking Relationship of the Year 2008' award from HSBC Bank Middle East Limited, Pakistan on 24th June 2009. Both HMB and HSBC enjoy a mutually beneficial relationship; with HMB utilizing HSBC for its Global Payments, Cash Management and Trade Services.

APRIL 2009

14 April 2009

HSBC OPENS NEW BRANCH IN KARACHI
Mr. Youssef A. Nasr, Chairman HSBC Bank Middle East Limited, visited Pakistan last week to officially inaugurate a new state-of-the art HSBC Branch on Shara-e-Faisal, Karachi.

JUNE 2008

19 June 2008

HSBC – REDEFINING CASH MANAGEMENT IN PAKISTAN
HSBC Pakistan recently hosted a series of seminars in Karachi, Lahore and Islamabad. The transnational events were held to launch ‘HSBC’s Guide to Cash Management, Treasury & Trade in the Middle East 2008’ and to promote HSBC Group’s global Electronic Banking system: HSBCnet – an integrated & comprehensive transaction banking solution for corporates.

JUNE 2008

19 June 2008

MEEZAN BANK SIGNS AUTOMATED MURABAHA SERVICE WITH HSBC
Meezan Bank Limited, Pakistan’s premier Islamic Bank has entered into an agreement with HSBC Bank USA to utilize their new Automated Murabaha Service. As one of the largest dollar clearers in the world and a leading provider of Islamic finance, HSBC offers Islamic Financial Institutions globally an opportunity to earn Shariah sensitive returns on excess liquidity in an automated manner.

MAY 2008

16 May 2008

ANNOUNCEMENT
Pursuant to an HSBC Group internal restructuring exercise and in terms of a Scheme of Amalgamation under Section 48 of the Banking Companies Ordinance 1962, sanctioned by the State Bank of Pakistan by Sanction Order dated 18 April 2008, effective 15 May 2008 ("Proposed Date"), all the branches of The Hongkong and Shanghai Banking Corporation Limited Pakistan Operations incorporated in Hong Kong SAR and operating throughout Pakistan ("branch offices") together with all assets, liabilities, obligations, undertakings, rights and operations of The Hongkong and Shanghai Banking Corporation Limited in Pakistan ("Pakistan operations") stand amalgamated with and into HSBC Bank Middle East Limited incorporated in Jersey, Channel Islands. The Pakistan operations and branch offices of The Hongkong and Shanghai Banking Corporation Limited will from the Proposed Date onwards be conducted and carried out by and under the name of HSBC Bank Middle East Limited.

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