HSBC Bank Middle East Limited
HSBC has been providing sub-custody and securities clearing services in the Middle East since the 1990s, and was the first sub-custodian to offer services in the UAE. Over the past decade, our Middle East network has grown to cover 11 markets in the region including the 6 Gulf Co-operation Council countries of United Arab Emirates, Qatar, Saudi Arabia, Oman, Kuwait and Bahrain as well as Jordan, Lebanon, the Palestinian Autonomous Area and Egypt.
HSBC’s Sub-Custody and Clearing is the sub-custody and securities clearing business of The Hongkong and Shanghai Banking Corporation Limited, the founding and principal member of the HSBC Group. It is one of the core businesses under HSS and is managed as one network, offering consistent services and standards across 40 markets worldwide.
In the Middle East and North Africa (MENA) region, HSBC has been recognised as the longest-established international sub-custodian bank in both the global custodian and broker-dealer segments across the 12 countries in the region. It offers an unparalleled level of coverage on the ground that no other provider comes close to matching. In addition to this, HSBC has also been awarded the “Most Active Custodian at DFM 2001-2010” award by the DFM.
HSBC shares its regional experience and local market knowledge with clients as they move into new markets, acting as a trusted adviser to clients when they are developing their strategy for each new country.
HSBC Securities Services’ commitment to excellence is reflected in the numerous industry awards won in 2010 and 2011, clearly evidencing our contribution to the business by our clients and by the industry.
• Best Sub-Custodian in 2010 and 2011 (Global Finance Best Sub-Custodian Bank Award)
• Top Rated status in ‘Cross-Border’ and ‘Domestic Client’ category in 2010 (Global Custodian Agent Banks in Emerging Markets Survey)
• Best Custody Specialist – Middle East, 2011 (The Asset Triple A Asian Awards)
• Best Direct Custody in the Middle East, 2010 (Asian Investor Service Provider Awards)
• Ranked Number 1 in both weighted and unweighted category – Global Investor Sub-Custody Survey 2010/11
Georges G Cattan
Head of HSBC Securities Services, UAE
Tel. No.: 00971 4 423 6111
Fax. No.:00971 4 423 6153
Assistant Vice President- Client Services
Sub-custody and Clearing, HSBC Securities Services, UAE
Tel. No.: 00971 4 423 6115
Fax. No.:00971 4 423 6153
HSBC Securities Services,
Global Banking and Markets, HSBC Bank Middle East Limited,
Emaar Square, Building 5, Level 3, PO Box 502601, Dubai,
United Arab Emirates.
SWIFT code: BBME AEAD