Latest in Tag: hsbc Highlight
Latest in Tag: hsbc

HSBCÂ wins Euromoney award as Egyptâs Best Bank for ESG
This recognition comes in addition to seven other HSBC wins across the Middle East â more than any other bank in the region. HSBC is the Middle Eastâs Best Investment Bank and, for the fourth year in a row, the regionâs Best Bank for Sustainable Finance.

HSBC Egypt launches Green Personal Finance for more sustainable choices
HSBC Green Personal Finance is available exclusively for the purchase of electric vehicles or solar panels for homes and associated installation expenses

HSBC pledges EGP 1bn in loans for tech entrepreneurs
New pledge is HSBCâs third high growth SME lending proposition in 6 months

HSBC launches $1bn lending fund for female entrepreneurs in Egypt, 10 other markets
This comes alongside the introduction of the âHSBC Roar Initiativeâ, which enables female entrepreneurs to access a series of masterclasses hosted by experienced business leaders as well as a tailored networking sessions with major companies in markets where the fund operates.

HSBC ramps up sustainability talent drive
âScale, speed, and scienceâ sustainability push throughout the bank

HSBC sets net-zero aligned targets to reducefinanced emissions from oil and gas, power andutilities sectors
Targets for two emission-intensive sectors follow the launch of thermal coal phase-out policy

HSBC committed to supporting Egyptâs sustainable development: CEO
HSBC supports Ministry of Financeâs issuance of first sovereign green bond in region for $750m

HSBC becomes partner in Breakthrough Energy Catalyst
HSBC to invest $100m to accelerate green technologies earmarked by Catalyst

HSBC Egypt launches EGP 3bn âForas Trade Fundâ for SMEs
Todd Wilcox, Deputy Chairperson and CEO of HSBC Egypt, said: âSMEs are a vital engine of growth for any economy and we are delighted to launch the HSBC Foras Trade Fund to support them. The fund is designed to help strong Egypt businesses with bold visions to enter new trade markets, re-engineer their supply chains, innovate, and to play an active part in supporting the ongoing growth, modernisation and diversification of the countryâs economy.â

Egyptian businesses predict double-digit revenue growth: HSBC
83% of businesses expect profitability to grow in next 12 months

Egypt is a very dynamic market with great potential: HSBC Egypt Chairperson
Egypt is one of main arteries for flow of global trade, which makes it an attractive destination for international investors

HSBC Egypt launches Evolve to facilitate FX trading for corporate clients
HSBC Evolve gives corporate clients ability to perform wide range of trading activities all in one place

Nasser Alshaali appointed as Chairperson of HSBC Egypt
A member of a number of private and public executive and board directorship roles in the region, Nasser brings a wealth of executive and board level experience and a deep understanding of the region to his new role as Chairperson of HSBC Egypt.

Rising ESG concern drives push for sustainable financing in Middle East: HSBC survey
Environmental, social, and governance (ESG) issues have become almost universal concerns of major issuers of capital markets securities in the Middle East, North Africa, and Turkey region, according to the findings of an annual survey by HSBC. A full 97% of issuers in the region who responded to the HSBC 2021 Sustainable Finance and Investing …

HSBC named Best Investment Bank in Egypt by Euromoney
HSBC has been named as the Best Investment Bank in Egypt at the 2021 Euromoney Middle East Awards for Excellence. The bank collected a total of five awards, including the Middle Eastâs Best Bank for Sustainable Finance and the Middle Eastâs Best Bank for Transaction Services. It was also named the Best Investment Bank in …

Winners announced for C3 Social Impact Accelerator Program 2021 powered by HSBC
Egyptian start-up Baramoda wins top prize at regional competition

HSBC, Reefy sign EGP 150m revolving facility for Egyptian women-led MSMEs
Agreement supports CBE aim to raise microbusinesses, SME sector contribution to formal economy, women empowerment

Middle East businesses eyeing better ESG encouraged to sign up to Living Business
The programme, organised by Globally, Get in the Ring and HSBC, aims to improve the sustainability of businesses by helping them deliver a significant ESG enhancement initiative.

80% of Wealth, Personal Banking customers registered online: HSBC Bank Egypt COO
Over 2m transactions performed since January 2020, representing total value of more than EGP 400bn, says Sherif Aref

HSBC launches its first cashback credit card in Egypt
Product is tailored to evolving needs of its Egyptian cardholders: Visa Country Manager

HSBC launches Sustainable, Transition Finance Team in Middle East
Team will help institutions, corporates, and individualsâ transition to more sustainable economy

HSBC eyes regional growth opportunities as GDP, trade rebound
HSBC has ambitious business plans in the Middle East, North Africa and Turkey (MENAT), where a rebound in GDP and international trade will position the region as one of the fastest growing in the world over the coming decade. As the nine markets in which the bank operates in the region bounce back from the …

HSBC voted best cash management bank in Egypt, Middle East
The local recognition was complemented by other HSBC successes, with the bank once again voted the top bank for cash management by corporates across the entire Middle East region.

83% of Egypt businesses expect pre-COVID-19 profitability by 2022: HSBC Navigator
About 83% of respondents from Egypt expect to return to profitability levels seen in the pre-novel coronavirus (COVID-19) pandemic period by the end of 2022, compared to 81% globally. This includes 14% that are either ahead or expecting to be back there by the end of this year.

HSBC expects Egypt to build on growth momentum during 2021
Egyptian economy expected to grow by 2.5% in 2021, following 2.4% growth in 2020

Sustainable innovation, empowering human capital to drive Cairoâs post-COVID-19 growth: HSBC
Published on UN World Cities Day, the HSBC City Report focuses on a variety of cities in the region, namely Abu Dhabi, Cairo, Dubai, Istanbul, and Riyadh. It stresses the need for city and business leaders to use the COVID-19 pandemic as a catalyst for more diversified, more digitised, cleaner, and greener cities.

Al-Mashat reviews Egyptâs post-COVID-19 economic recovery at HSBC forum
The minister referred to the recent âRegional Economic Prospectsâ report on Egyptâs economy, issued by the European Bank for Reconstruction and Development (EBRD), to highlight her remarks.

Sustainable finance poised for growth in Middle East: HSBC survey
Middle East sustainable finance market is at an earlier stage of development than Europe, Asia, and North America

HSBCâ economists forecast 2.4% GDP growth in Egypt in 2020: Regional CEO Tricaud
GCC economies to shrink on average by 5.6% y-o-y in 2020, before they rebound to show growth of 3.9% y-o-y in 2021, HSBC predicts

Opinion| Virtual remedies: Countering COVID-19 with digitisation
Like others, Egypt is leveraging digitisation processes to boost trade facilitation, support economy