Middle East Economic Survey

VOL. XLVII

No 23

07-June-2004

BAHRAIN

REGIONAL BANKING

HSBC Receives License To Open Two New Branches In Bahrain

HSBC is planning to expand its operations in Bahrain and has already received licenses from the Bahrain Monetary Agency (BMA) to open two new branches in the Seef District and in Hamad Town, bank officials told MEES. Bahrain is the banks second largest operation in the region after the UAE, said HSBC Bank Middle East Chairman and group CEO Stephen Green, noting...