HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank.

HSBC said on Tuesday it has agreed to sell its retail banking operations in Bahrain amid a wider restructuring at the bank.The deal will see a transfer of retail loans, deposits and accounts of about 76,

HSBC Holdings PLC HSBC has agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait (BBK) in light of the ongoing global restructuring plan. The deal excludes its corporate and private banking businesses in Bahrain.

It expects to complete the transaction in Q4 2025. HSBC has agreed to sell its retail banking business in Bahrain to the Bank of Bahrain and Kuwait B.S.C. The transaction excludes HSBC’s corporate and private banking businesses,