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Home | Lloyds sells Dubai business to HSBC |
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Lloyds sells Dubai business to HSBC
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- April 02, 2012
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Lloyds Banking Group is selling its onshore Dubai business to HSBC Bank Middle East. The group’s onshore presence in Dubai comprises retail, commercial and corporate banking operations with total assets amounting to around £482 million, as of 31st December 2011. This transaction is in line with Lloyds’ strategy of reducing its international presence although the [...]
- Read more at:http://www.bankingtimes.co.uk/2012/04/02/lloyds-sells-dubai-business-to-hsbc/
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