page_title: HSBC
section_title: Middle East and North Africa
hierarchical_section_title: HSBC / Operations / Principal subsidiaries / Middle East and North Africa
caption_attribution_description: Français&#160;: Auteur&#160;: Mr SADEK Radi
context_page_description: HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 6th largest bank in the world by 2020, and the largest in Europe, with total assets of US$2.715 trillion. HSBC traces its origin to a hong in British Hong Kong and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866.
  HSBC has around 3,900 offices in 65 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, and around 38 million customers. As of 2014, it was the world's sixth-largest public company, according to a composite measure by Forbes magazine.
  HSBC is organised within four business groups: Commercial Banking, Global Banking and Markets, Retail Banking and Wealth Management, and Global Private Banking. In 2020, the bank announced that it would consolidate its Retail Banking & Wealth Management arm with Global Private Banking, to form Wealth & Personal Banking.
context_section_description: HSBC Bank Egypt
  HSBC Bank Jordan
  HSBC Bank Middle East
  HSBC Bank (Turkey)
  The Saudi British Bank
  HSBC Saudi Arabia
caption: HSBC has maintained its presence in Beirut, Lebanon ever since 1946, thus the first in the Middle East
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