19 January 2012
HSBC Bank Middle East in Qatar announced the launch of its Sale campaign for the second year running. The HSBC Sale which goes live on 18th January offers customers reduced pricing for vehicle loans and personal loans and a special gift for new credit cards.

 "HSBC was the first bank ever to introduce such an extensive retail banking sale in Qatar last year and the response from customers was phenomenal. We also give our customers the advantage of benefiting from our extensive global reach and international expertise," said Abdul Hakeem Mostafawi, CEO of HSBC Qatar.

HSBC customers will find their dining and shopping experience double up as new credit card customers will win an Entertainer booklet with discount vouchers to the value of QAR20,000. 

Customers can obtain a personal loan for amounts of up to QAR 600,000, at an interest rate starting from 5.25%* p.a.  On vehicle finance, customers can benefit from highly competitive rates starting from 2.65%* p.a.

The sale campaign will run from 18th January 2012 to 8th March 2012.

*Terms and conditions apply. For more information on our Sale products, please visit our website: www.hsbc.qa/sale.

-Ends-

HSBC Bank Middle East Limited (HSBC)
HSBC is the largest and most widely represented international bank in the Middle East. HSBC Bank Middle East Limited has 53 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Kuwait, Jordan, Lebanon, Pakistan, Algeria and the Palestinian Autonomous Area. In addition to the branch network HSBC maintains a representative office in Tripoli, Libya. This extensive regional coverage is strengthened by HSBC Bank Egypt SAE; HSBC Saudi Arabia Limited; SABB Securities Limited; SABB Takaful Co.; and Dar Es Saalam Investment Bank.

About HSBC in the MENA Region
HSBC is the largest and most widely represented international banking organisation in the Middle East and North Africa (MENA), with operations in 14 countries.  HSBC has branches and offices in the United Arab Emirates, Egypt, Qatar, Oman, Bahrain, Kuwait, Jordan, Lebanon, Pakistan, Algeria and the Palestinian Autonomous Area. In Saudi Arabia, HSBC is a 40% shareholder of Saudi British Bank (SABB), and a 49% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom. In Iraq, HSBC holds a majority shareholding in Dar Es Salaam Investment Bank. HSBC also maintains a representative office in Libya.

This presence, the widest coverage of any bank in the region, comprises some 285 branches and offices, and around 12,000 people. In the full year 2010, HSBC made a profit before tax of $892 million in the MENA region.

Media enquiries to Mai S Salem , HSBC Bank Middle East Limited on +974 44254156 or at maisalem@hsbc.com

© Press Release 2012