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ArchiveJanuary 5 2004

Egypt

HSBC Bank Egypt Chairman & CEO Abdel Salam El Anwar
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1. Economic volatility can provide opportunities for those with the skill and courage to judge the market successfully. It is enabling HSBC Egypt to invest in new business lines and delivery channels in anticipation of a market up-turn.

Competition is increasing. All players in the banking industry, whether international or domestic, now play by the same rules, increasing the challenge of competitive differentiation. The day of the “super product” is over and the key to success is innovative service.

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