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September 03, 2015 8:39 PM ET

Banks

Company Overview of HSBC Bank Middle East Limited

Company Overview

HSBC Bank Middle East Limited, through its subsidiaries, provides a range of banking and related financial services in the Middle East and North Africa. The company’s Retail Banking and Wealth Management segment provides various personal banking products, including current and savings accounts, mortgages and personal loans, credit cards, debit cards, and local and international payment services; wealth management services comprise insurance and investment products, and financial planning services; and consumer finance to individual customers. Its Commercial Banking segment offers receivables financing services, payments and cash management, international trade finance, treasury and capital m...

HSBC House

Esplanade

St. Helier,  JE4 8UB

Channel Islands

Founded in 1889

5,632 Employees

Phone:

44 1534 606 512

Fax:

44 1534 606 149

Key Executives for HSBC Bank Middle East Limited

Deputy Chairman and Chief Executive Officer
Age: 48
Chief Executive Officer of Hsbc Bank Brasil S A - Banco Múltiplo of Hsbc Bank Canada of Hsbc Holdings Plc
Age: 60
Non-Executive Director and Chief Executive Officer of HSBC Qatar
Global Chief Executive Officer of Hsbc Amanah
Age: 53
Non-Executive Director and Chief Executive Officer of United Arab Emirates
Compensation as of Fiscal Year 2015.

HSBC Bank Middle East Limited Key Developments

HSBC Bank Middle East Limited Reports Unaudited Consolidated Earnings Results for the Half Year Ended June 30, 2015

HSBC Bank Middle East Limited reported unaudited consolidated earnings results for the half year ended June 30, 2015. For the quarter, the company reported interest income of USD 611.64 million compared to USD 643.87 million a year ago. Operating profit was USD 426.67 million compared to USD 564.85 million a year ago. Profit before tax was USD 430.13 million compared to USD 566.11 million a year ago. Profit attributable to shareholders of the parent company was USD 355.54 million compared to USD 467.37 million a year ago. Net cash used in operating activities was USD 879.34 million compared to net cash generated from operating activities of USD 597.31 million a year ago. Purchase of property, plant and equipment was USD 14.35 million compared to USD 5.19 million a year ago. Purchase of intangible assets was USD 1.36 million compared to USD 1.61 million a year ago.

HSBC Bank Middle East Limited Presents at The 6th Annual Middle East Securities Forum 2015, Mar-11-2015 through Mar-12-2015

HSBC Bank Middle East Limited Presents at The 6th Annual Middle East Securities Forum 2015, Mar-11-2015 through Mar-12-2015. Venue: Fairmont Bab Al Bahr, Khor Al Maqta, Abu Dhabi, United Arab Emirates. Presentation Date & Speakers: Mar-11-2015, Arindam Das, Regional Head of HSBC Securities Services, MENA, Georges Cattan, Head of HSBC Securities Services, UAE.

HSBC Bank Middle East Limited Appoints Raja Easa Al Gurg as Independent Non-Executive Director

Raja Easa Al Gurg, Managing Director of the Easa Saleh Al Gurg Group LLC and President of the Dubai Business Women’s Council, has been appointed as an Independent Non-Executive Director of HSBC Bank Middle East Limited.

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