HSBC Bank Middle East Limited

 (2.8; 70 ratings)
2.8 70
Business Focus
offshore banking

On June 30, 2016 HSBC Bank Middle East Limited transferred its place of incorporation and head office from Jersey to the Dubai International Financial Centre.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

HSBC Bank Middle East Limited is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Deposit Guarantee

Protected Amount
up to 50,000 GBP
Guarantee Fund
Jersey Bank Depositors Compensation Scheme (DCS)
Covered Depositors
natural persons of any residence
charities
Covered Accounts
all deposit accounts

HSBC Bank Middle East Limited participates in the deposit guarantee scheme of Jersey. This deposit guarantee scheme applies to all deposit accounts made by natural persons of any residence, charities and covers up to up to 50,000 GBP per bank per depositor. HSBC Bank Middle East Limited is a member of Jersey Bank Depositors Compensation Scheme (DCS) and makes its contributions into it.

HSBC Bank Middle East Limited is a member of HSBC (United Kingdom).

Contacts

HSBC House, Esplanade, JE4 8UB, St Helier, Jersey
315

HSBC Bank Middle East Limited was headquartered in St Helier.

Bank Supervision

Supervised By
Jersey Financial Services Commission

HSBC Bank Middle East Limited was authorized and supervised by the Jersey Financial Services Commission.

Bank History

Close Date
30 June 2016

See Also

Related Articles