Hsbc Lebanon
Commercial banking lebanon.
Hsbc lebanon. Hsbc s lebanese operation is likely to be sold off to blom bank for a fee rumoured to be around us 100 million. 961 1 986 181 tel. In lebanon the hsbc group is represented by hsbc bank middle east limited the largest and most widely represented international bank in the middle east. Blom bank provides universal banking services.
Hsbc commissioned this article as part of our beyond banking initiative. Any opinions judgments advice. It will be the end of an association with the country that began in 1946 when hsbc. While hsbc is pleased to offer this beyond banking article as an educational service to our customers hsbc does not guarantee warrant or recommend the opinion or advice or the product and or services offered or mentioned in this article.
Equities lebanon s blom bank says to acquire hsbc s lebanese business by h1 2017 subject to regulatory approval from lebanon s central bank banque du liban the transaction is expected to be completed during the first half of 2017. To help fight against tax evasion and protect the integrity of tax systems governments around the world are introducing a new information gathering and reporting requirement for financial institutions. 961 1 986 182 tel. Reuters news 16 nov 2016.
Retail banking and wealth management lebanon. This is known as the common reporting standard the crs and we d like to help you understand what it means. 961 1 986 180 tel. There are a number of substantial changes being made by financial regulators governments and banks to ensure the protection and long term safety of both the financial system and our customers interests.
Retail banking and wealth management lebanon. 961 1 986 183. Blom said in november hsbc had about 953 million 746 5 million in assets in lebanon as of june. Commercial banking corporate banking private and investment banking asset management retail banking islamic banking.