HSBC hosts region's first conference on factoring

Notes and media contacts

1. HSBC Bank Middle East Limited
HSBC is the largest and most widely represented international bank in the Middle East. HSBC Bank Middle East has 31 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Jordan, Lebanon, and the Palestinian Autonomous Area, including an offshore banking unit in Bahrain. This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt SAE, and by its associated companies, The Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the Bank has a representative office in Tehran, Iran.

2. HSBC Holdings plc
HSBC Bank Middle East Limited has been a principal member of the HSBC Group since 1959. With over 9,500 offices in 79 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa and assets of US$ 1,034 billion at 31 December 2003, the HSBC Group is one of the world's largest banking and financial services organisations.

3. Factors Chain International
Factors Chain International (FCI) is the world's largest network of factoring companies with a presence in nearly 60 countries, whose common aim is to facilitate international trade through factoring and related financial services. HSBC Bank Middle East is an FCI member.