HSBC Kuwait
HSBC Bank Middle East Limited, was one of the first international banks to open in Kuwait, when new foreign bank licences were granted in 2005. It re-established a presence in Kuwait after a 34 year absence.
HSBC Kuwait has one branch and one ATM in Kuwait City located in its premises near the Sheraton Hotel.
Principle Activities
Corporate and Investment Banking and Markets (CIBM)
-
Corporate Banking: HSBC Kuwait offers a wide range of services to both local and international companies operating in Kuwait, including local and foreign currency accounts, term deposits, loans, overdrafts and foreign exchange as well as a wide range of trade finance products, including import and export letters of credits, payment guarantees, bills for collection and acceptances. In addition, the branch offers payments and cash management (PCM) and securities sub-custodial services (CNC).
-
Treasury and Capital Markets: HSBC Kuwait offers a full service foreign exchange dealing capability, including options, swaps, other derivative products and structured deposits from the dealing room located in the branch.
-
Investment Banking: A full range of investment banking product and services such as investment banking advisory (GIB), equity capital markets (ECM), debt capital markets (DCM), project and export finance (PEF), asset anagement, and financial institutional services are available through dedicated local representatives in the branch, in liaison with product specialists from around the HSBC Group, when required.
Private Banking
HSBC Kuwait offers a bespoke Private Banking offshore service for domestic clients, utilizing the full suite of Private Banking products, with dedicated managers in the branch.
Personal Financial Services (PFS)
Onshore: The Bank has one ATM located in the branch, which is linked to HSBC's international networks and is expected to be linked to the local ATM network (KNET) as well as GCC Net. For the time being, the Branch will not offer personal account or credit card services to individuals.
Registered Address
HSBC Bank Middle East Limited - Kuwait
G/1/2 Floors, Al-Kharafi Tower,
Qibla Area, Hamad Al-Saqr Street,
P O Box 1683, Safat 13017, Kuwait
Contact numbers
Tel: +965 2230722
Fax: +965 2230733/44
Email
kuwait.info@hsbc.com
Country Manager:
Lloyd Maddock - Chief Executive Officer
|