HSBC plans to keep a representative office in Lebanon after selling its retail operations. (The Daily Star/Mahmoud Kheir)
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HSBC Lebanon is still holding talks with its staff before deciding on which Lebanese bank will acquire its retail operations in the country, the chairman of BLOM Bank said Friday.Azhari refused to acknowledge reports that BLOM has a better chance to buy the retail operations of HSBC.Apart from BLOM, Bank Audi and Byblos Bank are among the lenders who approached HSBC to buy its retail business in Lebanon.The negotiations with the staff apparently has delayed the decision," Azhari explained.He stressed that no banks will acquire HSBC Lebanon if the management still have differences with its staff.
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