HSBC Bank Oman hosts HSBC Middle East's Board meeting

HBME has more than 250 offices across the Middle East and North Africa that stretch from Egypt to Pakistan with a workforce of over 12,000 employees.

"It was an honour to host the Board of Directors' meeting of HSBC Bank Middle East here in Oman," said Ewan Stirling, CEO of HSBC Bank Oman.

He added, "In addition to fulfilling their board responsibilities, we were able to share our plans for HSBC Bank Oman to become the leading bank in the Sultanate, outlining our commitment to the country, to leverage our global strengths locally and to provide great customer service at all times."

During the Board's visit to the Sultanate, David Eldon, Chairman of HBME, along with Simon Cooper, CEO of HBME and Chairman of HSBC Bank Oman, paid a courtesy visit to the Central Bank of Oman (CBO). Eldon and Cooper updated H.E. Hamood bin Sangour Al Zadjali, Executive President of CBO, on HBME's latest developments and achievements in Oman and throughout the region.

HSBC Bank Oman is the second largest bank in the Sultanate by branch number with more than 80 branches and over 130 ATMs. The bank posted a 91% increase in net profit for the first quarter of 2013 and a 124% increase in net interest income. Stirling said that the bank's financial performance during the first quarter demonstrated management's progress in implementing the strategy of HSBC Bank Oman.