Sub-Custody and Clearing in Saudi Arabia

HSBC is the only international bank providing sub-custody services in Saudi Arabia, where we have been serving local investors since the market started operations in 1984 and foreign investors since 1998 following the opening of the T-bill market to foreign investment. As this is a relatively new market for foreign investors and investment requirements may change as the regulations for foreign investment emerge, our staff are experienced enough to handle investment queries and provide required guidance. HSBC is a member of the Investment Product Committee (IPC) which plays a significant role in preparing draft regulations governing the financial market. In addition, HSBC is a member of the Trading (Tadawul) System Working Group, which reviews the performance of the Trading System of the depository. Our customer satisfaction with our services are reflected in their Number 1 rating in Global Custodian magazine's Review of Agent Banks in Emerging Markets.

For more information on HSBC's Sub-Custody and Clearing services, please contact our customer relationship management teams.