HSBC, a leading global financial services company, is looking to boost its investments in the UAE over the coming period, CEO of global private banking at HSBC António Simões said.
The UAE is one of the major markets for the British company, Al Bayan Newspaper reported, citing Simões.
The largest bank in Europe will maintain achieving its development plans and offering jobs to professional and skillful individuals, Simões added.
He further noted that the bank aims to increase the number of its banking services’ team members by 20% year-on-year until 2022.
Last week, HSBC announced the launch of its onshore issuer services business in the UAE and Egypt that would enable corporates and institutions within the two countries to implement complex transactions.