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 HSBC Bank Oman S.A.O.G. in discussion to sell its business in Pakistan

HSBC Bank Oman S.A.O.G., an indirect 51% owned subsidiary of HSBC Holdings plc, confirms that it is in discussions with Meezan Bank Limited regarding the possible sale of its operations in Pakistan. These discussions are at a preliminary stage and may or may not lead to a sale. Any sale would be subject to, amongst other things, appropriate regulatory approvals.

Further announcements will be made if or when necessary.