Egypt becoming much more business friendly

The HSBC Group General Manager Deputy Chairperson and Chief Executive Officer HSBC Bank Egypt Jacques-Emmanuel Blanchet, said that the Egypt is becoming much more business friendly.

Blanchet told Daly News Egypt that Egypt’s economic situation has continued to improve during 2018, our overall views remain positive.

He added that the Egyptian government has been instrumental in bringing the country’s economy through a challenging couple of years.

According to Blanchet HSBC is honoured to be able to work closely with the Central Bank of Egypt (CBE), “our clients and other key institutions to help create a stronger and more stable economy,” he said adding, HSBC’s balance sheet support to Egypt is an illustration of HSBC’s commitment to the country given the long term positive outlook of the economy.