HSBC Bank Georgia

HSBC Bank Georgia JSC was a bank in Georgia. It opened its doors for business in Tbilisi in June 2008.[1][2] It was a locally-licensed joint venture between the HSBC Holdings Plc -- which held 70% ownership -- and members of overseas businesses who held 30%.

In 2011, HSBC announced that it would close its Georgian business.[3]

## References

[edit]

* Banks portal

1. ^ "HSBC Opens Bank In Georgia | Global Custodian". www.globalcustodian.com. Retrieved 2018-01-09.
2. ^ "HSBC Opens A Second Branch In Tbilisi".
3. ^ "HSBC announces intention to exit Georgia". Georgian Journal. 8 September 2011. Retrieved 13 February 2018.