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HSBC Exits Egypt Retail Banking in US$300 Million Sale to Emirates NBD

Rio Times

BusinessRio Times·Aug 6, 2026·1 min read

HSBC Exits Egypt Retail Banking in US$300 Million Sale to Emirates NBD

HSBC is selling its entire Egyptian retail banking business to Dubai's Emirates NBD, booking a US$300 million pre-tax gain while keeping its corporate bank in Cairo. The post HSBC Exits Egypt Retail Banking in US$300 Million Sale to…

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