---
title: "HSBC CEO says bank remains committed to GCC region amid Iran conflict"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278417687.md"
description: "HSBC CEO Georges Elhedery reaffirmed the bank's commitment to the Gulf Cooperation Council (GCC) region despite the ongoing U.S.-Israeli conflict with Iran. He expressed confidence in the economic prospects of GCC members, emphasizing the region's long-term strength and resilience. Elhedery stated that HSBC believes in the potential for renewed stability and growth in the years ahead, even as the conflict disrupts oil and gas exports critical to the region's economy."
datetime: "2026-03-09T15:39:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278417687.md)
  - [en](https://longbridge.com/en/news/278417687.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278417687.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278417687.md) | [繁體中文](https://longbridge.com/zh-HK/news/278417687.md)


# HSBC CEO says bank remains committed to GCC region amid Iran conflict

DUBAI, March 9 (Reuters) - HSBC (HSBA.L) (0005.HK) on Monday expressed confidence in the Gulf Cooperation Council(GCC) members’ economic prospects as the region and the wider Middle East brace for the economic shock from the U.S.-Israeli war with Iran.

“HSBC remains steadfast in our confidence in the GCC and in the long-term strength, resilience and promise of the region. Our conviction in the GCC’s fundamentals and its future is unchanged,” CEO Georges Elhedery said in a statement.

“We continue to believe that the years ahead will bring renewed stability, growth, and prosperity,” he said.

Since the start of the war 10 days ago, Iranian drones and ballistic missiles have hit countries across the GCC, which comprises Bahrain, Kuwait, Saudi Arabia, Qatar, Oman and the United Arab Emirates, severely disrupting oil and gas exports that underpin regional revenue.

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