US$5bn UAE Growth Initiative

Opening up a world of opportunity for businesses, ready now
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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.

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As per our Survey*

81%

of companies plan to increase their investments by EOY

According to HSBC Navigator

99%

of UAE companies see opportunities in ESG

UAE FDI Growth of

44%

in 2020 vs global decline of 42%

The time is right to launch an initiative to support strong UAE businesses that have bold visions of the future and the prospects to achieve them

ABDULFATTAH SHARAF Group General Manager, CEO OF HSBC UAE AND HEAD OF INTERNATIONAL, HSBC MIDDLE EAST

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Disclaimer

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

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