Talks re possible sale of Pakistan Operations

RNS Number : 0009B

HSBC Holdings PLC

10 April 2012

 



10 April 2012

ANNOUNCEMENT

HSBC Bank Middle East Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc, confirms that it is in discussions with a number of interested parties regarding the possible sale of its operations in Pakistan, which sale would be subject to, amongst other things, appropriate regulatory approvals.

These discussions are at a preliminary stage. Further announcements will be made if or when necessary.

Media enquiries to:

Charles Clarke	[phone]	[e-mail]
Brendan McNamara	[phone]	[e-mail]

Note to editors:

The HSBC Group

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 7,200 offices in over 80 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,556bn at 31 December 2011, HSBC is one of the world's largest banking and financial services organisations.

 

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