HSBC Banks closing down in TRNC, No reasons given...
HSBC Bank is closing down its three out of its four branch offices operated in the TRNC. It will sell the fourth one, located in Nicosia to Turkishbank.
Reportedly, the bank has agreed with Chinese ICBC to sell its other three branch offices to Turkey. No reason was given as at press time for the closures.
Credit: Halkin Sesi
