Economy Country February 20, 2025

HSBC Middle East Reports $871 Million Pre-Tax Profit

HSBC Middle East achieves a pre-tax profit of $871 million, reflecting its success in the market.


HSBC Middle East Reports $871 Million Pre-Tax Profit

HSBC Middle East bank, with its headquarters in the UAE, reported a profit before tax amounting to 871 million dollars (3.19 billion dirhams).

HSBC Middle East bank announced its financial statements, where it was noted that it achieved a profit of 871 million dollars before tax in 2021. This demonstrates the bank's resilience and solid financial results even in the context of uncertainties and challenges caused by the pandemic.

"This record profit level is a testament to our strategic approach to business, as well as the importance of financial discipline in decisions and actions that we prioritize," said the bank's representative.