"HSBC is putting many small business owners on notice that they have two months to find a new lender after conducting an internal review.
One 14-year customer of the bank being forced to close his account said the bank had an "obligation to service the community" and not just use them to make profits.
"HSBC has been conducting a review of all its businesses since May 2011, to meet its goal of streamlining the business and improving the return on capital. As part of this, the bank is reviewing its portfolio of small business customers in the UAE," the bank said."
'via Blog this'
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