HSBC in Algeria
Our services
HSBC Algeria offers a full suite of banking products and services for Wholesale Banking customers, including government related entities and multinational companies, through our local capabilities and international connectivity. Our award-winning Global Payment Solutions and Global Trade Solutions ensure seamless, secure and timely transaction capabilities for international businesses, and through our broad product capabilities, we provide access to Global Markets. We have an experienced team of Algerian and international banking professionals to serve our customers in Algeria.
Our headquarters
Oriental Business Park
4th Floor, Quartier d'Affaires
16311
Algeria
Our CEO
James Barber
Our history in Algeria
HSBC France established a presence in Algeria in August 2008, opening a registered office and branch in Algiers (Pins Maritimes).
In 2009, the Money and Credit Council authorised the transfer of the administrative supervision of HSBC Algeria from HSBC France (HBFR) to HSBC Bank Middle East Limited (HBME).
In May 2010, the Bank of Algeria authorised the opening of a second branch in the district of Hydra (Algiers). A third branch opened in the city of Oran in September 2012.
In August 2019, the Bank of Algeria authorized the consolidation of its two branches (Pins Maritimes and Hydra) into a single branch located at Oriental Business Park Bab EZZOUAR as well as the transfer of its head office to the same address.
HSBC Bank Middle East Algeria, part of the HSBC Group, offers services to corporate customers including Global Trade Solutions, Global Payment Solutions and Global Markets.
It’s difficult to define the value of art Opens in new window
The urge to collect art is driven by very different desires to those behind building a stock or bond portfolio, says Russell Prior.
Making alternatives accessible matters Opens in new window
The democratisation of alternative investments is positive as it will open up opportunities for private wealth investors, says William Benjamin.
New investment solutions needed to finance electricity grids Opens in new window
New investment solutions are needed to upgrade and expand electricity grids at the rate required – for both energy security and the global energy transition, says Randolph Brazier.