Latest in Tag: HSBC Egypt Highlight
Latest in Tag: HSBC Egypt

HSBC Egypt appoints Todd Wilcox as Deputy Chairperson, CEO
Wilcox’s appointment was made with effect from 1 July, following the receipt of the required regulatory approvals. Joining from HSBC China, where he has been Deputy CEO since January 2018, Wilcox has extensive international banking experience. Of this, the last 15 years have been with HSBC in a series of leadership roles in Hong Kong, Brunei, Bermuda, and Canada.

HSBC Egypt launches HSBCnet Mobile app for businesses
In a first for the Egyptian market, companies can now manage their cash flow and trade finance, and get real-time transaction reporting, from the convenience of their mobile device.

HSBC Egypt launches Mobile Collections service to help businesses transition to digital economy
The launch of mobile collections represents a first for HSBC-Middle East, says Blanchet

HSBC Egypt starts dealing in China’s Renminbi
A complete suite of solutions for managing foreign exchange flows, trade settlement in RMB

10 banks offer EGP 6bn syndicated loan to Etisalat Egypt
A banking alliance of 10 major banks signed a syndicated long-term loan to Etisalat Egypt, amounting to EGP 6bn, to finance the purchase of the 4G licence and the new frequencies, as well as the repayment of the existing dues and the company’s operation expenses. The alliance included the National Bank of Egypt (NBE), the …

State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE
Banking sector accounts for 77% of total outstanding balances of bills