HSBC sells Greek retail bank to local lender as it looks to sharpen Asia focus

HSBC sells Greek retail bank to local lender as it looks to sharpen Asia focus

FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause

HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens its focus on its biggest market Asia.