DubaiBIZZ.NET » HSBC

UAE SME loans to jump 20%: HSBC

admin — Wed, 16 May 2012 11:02:54 +0000

(MENAFN – Khaleej Times) HSBC Holdings launched on Tuesday a Dh1 billion fund for small and medium enterprises, or SMEs, and forecast that loans to the sector in the UAE would grow by 20 per cent …

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HSBC to pump up to $97M into merger of Oman business with sultanate's Oman International Bank

admin — Thu, 19 Apr 2012 04:38:16 +0000

By Adam Schreck, The Associated Press DUBAI, United Arab Emirates – HSBC Holdings PLC said Wednesday it will combine its Omani division with local lender Oman International Bank in a deal that will give …

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Dubai Duty Free picks banks for US$1.1bn loan

admin — Mon, 09 Apr 2012 15:02:10 +0000

Citibank, Dubai Islamic, HSBC and Emirates NBD hired for transaction

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HSBC buys key Lloyds banking units in UAE

admin — Thu, 29 Mar 2012 14:45:51 +0000

DUBAI (Reuters) – HSBC , Europe's largest bank, is buying the onshore retail, corporate and commercial banking business of Lloyds Banking Group in the United Arab Emirates, to strengthen its Middle East presence. HSBC is buying gross assets valued at $769 million (484 million pounds) at the end of 2011 and is expected to complete the deal in the second half of this year. U.K.-based Lloyds, which …

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Lloyds sells Dubai business to HSBC

admin — Thu, 29 Mar 2012 14:45:24 +0000

Lloyds Banking Group is selling its onshore Dubai business to HSBC Bank Middle East.

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2012 Fantasy Race to Dubai – enter now!

admin — Thu, 26 Jan 2012 12:37:04 +0000

The clock is ticking to enter a team for the 2012 Fantasy Race to Dubai as you have until 3am GMT on Thursday to select your team of ten players for the start of the game at the Abu Dhabi HSBC Golf Championship.

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HSBC: Dubai to meet debt payments

admin — Wed, 11 Jan 2012 20:32:46 +0000

HSBC Holdings expects Dubai to meet its upcoming debt obligations this year and said international banks' appetite to refinance the emirates' liabilities will not be impacted by the euro zone crisis.

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HSBC to Halt U.A.E. Retail Brokerage as Volumes, Stocks Sink

admin — Mon, 17 Oct 2011 13:19:10 +0000

HSBC Holdings Plc, Europe’s biggest bank, will stop offering brokerage services to retail investors in the United Arab Emirates and focus on institutional clients after local trading volumes and stocks plummeted.