Finance
HSBC to review Egypt retail business in global restructuring
Published by Global Banking & Finance Review®
Posted on October 23, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 23, 2025
2 min readLast updated: January 21, 2026
HSBC is conducting a strategic review of its Egyptian retail banking as part of a global restructuring, focusing on growth potential.
By Federico Maccioni
DUBAI (Reuters) -HSBC said on Thursday it will conduct a strategic review of its Egyptian retail banking business as part of the wider restructuring of its global operations.
The Asia-focused bank, which has been scaling back its worldwide operations as part of an overhaul started last year, said in a statement it "will consider all options for the retail banking business, and no decisions have been made".
HSBC, which has had a presence in Egypt since 1982, said that the North African country is "an important market" and "has strong potential for growth", adding that the review will not include its Egyptian wholesale banking activities.
No other activities in Egypt will be impacted, it added.
Under the restructuring, HSBC began winding down its M&A and some equities businesses in Europe and the Americas this year.
It also said it would carry out strategic reviews of its retail businesses in Australia, Indonesia, Sri Lanka and Bangladesh, and would divest its retail business in Bahrain.
(Reporting by Federico Maccioni, editing by Alexander Smith)
Retail banking refers to the services provided by banks to individual consumers, including savings and checking accounts, loans, and mortgages.
A strategic review is an assessment process where a company evaluates its operations, strategies, and market position to identify areas for improvement or restructuring.
Economic growth is the increase in the production of goods and services in an economy over a period, typically measured by the rise in Gross Domestic Product (GDP).
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