HSBC ends operations in Slovakia

HSBC Bank, a wholly-owned subsidiary of HSBC Holdings, has announced it will exit its operations in Slovakia.

The banking giant said the decision is a direct result of the continuing five-filter portfolio review announced last year.

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Brian Robertson, Chief Executive HSBC Bank, said: "We continue to make progress in sharpening our capital discipline, by refocusing our European operations on businesses where we can deliver sustainable profits and growth."

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