As businesses look to build back better, the UAE will be central to opening a world of opportunity.
HSBC has launched the US$5bn UAE Growth Initiative which will help to finance and support internationally-minded businesses across the Emirates that are ready now, for tomorrow.
US$5bn UAE Growth Initiative
HSBC is committing US$5 billion of lending to support strong companies in the United Arab Emirates that need new capital to drive well-developed plans to grow their businesses globally.
The initiative is a meaningful way for HSBC to recognise both its 75th year in the UAE and its support of the nation's strategy, by financing businesses looking to invest for international growth, in sustainable and innovative ways.
Whether your goal is to improve working capital, self-fund growth, reduce debt, expand your business reach or enhance your balance sheet, you can manage cash and trade flows more efficiently with our financing solutions.
Whether your foreign exchange needs are driven by a transactional, hedging or investment strategy, you can leverage our global footprint, local knowledge and deep expertise to gain insights and manage your exposure.
We have successfully concluded the first green guarantee in MENA region and the first global sustainable documentary credit facility for Lamprell Energy, to support the build of the Seagreen Offshore Wind Farm project off the coast of Scotland.
Any products and services related to the HSBC US$5bn UAE Growth Initiative are subject to our Terms and Conditions and all relevant onboarding checks and credit approval processes of HSBC Bank Middle East Limited. The HSBC US$5bn UAE Growth Initiative is intended to run from 27 June 2021 to end of 2023. These Terms and Conditions are not applicable to our personal banking accounts for which separate terms apply.
*Sources - HSBC Navigator 2020/ The UN/ Ministry of Economy UAE
Get in touch to learn more about our banking solutions.