Blom said in November it would acquire the assets in the first half of this year subject to central bank approval.
Blom said in a statement it would retain HSBC staff. Terms of the acquisition were not disclosed.
"This acquisition falls under Blom Bank's strategy of expanding its customer base and diversifying its assets and sources of revenue. The transaction will help Blom Bank expand its corporate and commercial businesses as well as its retail activities," Blom said.
(Reporting by Lisa Barrington; Editing by Adrian Croft) ((email@example.com; +961)(0)(1954456;))
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