The Hongkong and Shanghai Banking Corporation Limited (“HSBC”), a wholly-owned subsidiary of HSBC Holdings plc, advises that it is in discussions concerning a possible sale of its Retail Banking and Wealth Management business in Mauritius.
These discussions are ongoing and may or may not lead to a transaction.
HSBC will make a further announcement if or when appropriate.
HSBC remains committed to the Mauritius market and continues to invest in growing its Global Business, and Corporate Banking businesses in Mauritius.
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