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Turkiye Is Bankası AS is in talks to buy all of HSBC Holdings Plc.’s branches in Pakistan and negotiations are at an advanced stage, Isbank chief executive officer Adnan Bali said.
LONDON, Feb 27 (Reuters) - HSBC HSBA.L said it is talks to sell its business in Pakistan to Meezan Bank Limited AMZN.KA , another possible sale by Europe's biggest bank from countries where it is ...
The Pakistan unit has 10 branches and had assets of about $455 million at the end of 2013, HSBC said. It did not put a price on the deal and said it was subject to regulatory approval.
LONDON, May 9 (Reuters) - HSBC said it has agreedto sell its banking business in Pakistan to Meezan Bank Ltd, seven months after failing to win regulatory approvalto sell it to another company ...
Pakistan’s Meezan Bank Ltd ., the country’s largest Islamic lender, expects to generate an additional 500 million rupees ($4.91 million) of annual profit from its acquisition of the local ...
The State Bank of Pakistan on Tuesday gave a green signal to KASB to conduct due diligence of Hong Kong Shanghai Banking Corporation (HSBC) for potential acquisition of its Pakistan operations.
KARACHI, May 8: The State Bank of Pakistan has allowed KASB Finance to conduct due diligence of HSBC Pakistan operations while rejecting requests of the four big banks for the same, banking ...
Chief Executive Officer of HSBC, Pakistan, Guy Priestley, on Wednesday announced that the HSBC has increased the capital invested in Pakistan by 50 percent or Rs 500 million. The HSBC now has Rs 1 ...
HSBC Holdings is in discussions to sell its business in Pakistan, the latest effort by the group to slim its global presence as part of a long-running strategic rethink.
LONDON (Reuters) - HSBC (LSE:HSBA) said it is talks to sell its business in Pakistan to Meezan Bank Limited (KAR:MEBL), another possible sale by Europe's biggest bank from countries where it is ...
HSBC <HSBA.L> said it is talks to sell its business in Pakistan to Meezan Bank Limited <AMZN.KA>, another possible sale by Europe's biggest bank from countries where it is unprofitable or lacks scale.