On the Cash Management award, Euromoney added, “HSBC continues to dominate the cash management market in the Middle East. It already has the largest network across the Middle east and is building on this by setting up in new countries including Kuwait and Iraq..”
David Hodgkinson said, “It is indeed a pleasure, in the rapidly developing banking markets of the Middle East, to be recognised as the best by the best for three successive years. I applaud my colleagues in all the businesses that HSBC operates in the region. This award comes as a result of their hard work and commitment to meeting the expectations of our customers and keeping ahead of the competition.”
Media enquiries to: Steve Martin, Regional Manager Corporate Affairs, HSBC Bank Middle East Limited tel +971 (0)4 390 6630 mobile +971 (0)50 4564854 or e mail [email protected].
Notes to Editors
1. HSBC Bank Middle East Limited
HSBC is the largest and most widely represented international bank in the Middle East. HSBC Bank Middle East Limited has 29 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Jordan, Lebanon, and the Palestinian Autonomous Area, including an offshore banking unit in Bahrain. This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt SAE, and by its associated companies, The Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the Bank has a representative office in Tehran, Iran.
2. HSBC Holdings plc
HSBC Bank Middle East Limited has been a principal member of the HSBC Group since 1959. Serving over 110 million customers worldwide, the HSBC Group has approximately 9,800 offices in 77 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$1,277 billion at 31 December 2004, HSBC is one of the world’s largest banking and financial services organisations. HSBC is marketed worldwide as ‘the world’s local bank’.
