HSBC: Stop Abandoning Lebanon Retirees – Give Us Back Our Health Coverage

HSBC: Stop Abandoning Lebanon Retirees – Give Us Back Our Health Coverage

Recent signers:
Rajnish Surve and 9 others have signed recently.

The Issue

We are 22 HSBC Lebanon retirees who gave decades of service to the bank — some over 40 years. We were promised post-retirement medical coverage, with HSBC management clearly stating before the 2017 sale of HSBC Lebanon to BLOM Bank that retirees would benefit from 75% premium insurance cover. Many of us accepted lower end-of-service payments based on this promise.

In 2022, BLOM Bank abruptly cut our insurance. HSBC, instead of honoring its responsibility, referred us back to BLOM — after offering a one-off payment in 2024 that barely covered the cost of two nights in a hotel. BLOM, for its part, has closed its doors to us, telling us simply: “Do what you want.”

Today, we are trapped between two banks:

HSBC, which refuses to release the sale agreement with BLOM, citing “confidentiality,” leaving us unable to prove our rights.
BLOM, which cut our medical coverage without accountability.
Meanwhile, Lebanon is in crisis: our money is locked in the banks, the healthcare system is collapsing, and courts are paralyzed. Retirees are suffering in silence:

Some are confined to their bedrooms, unable to access hospitals.
One senior manager with 47 years at HSBC was forced to sell his home in Mansourieh to pay for medical insurance.
Others are now negotiating to sell their properties just to afford basic healthcare.
We call on HSBC to:

Publicly release the section of the sale agreement with BLOM that governs retirees’ rights.
Reinstate or guarantee medical coverage for HSBC Lebanon retirees who gave their lives to the bank.
HSBC made billions in profit in 2025, boasting about performance and discipline. Meanwhile, its own retirees are being left without medicine, treatment, or dignity.

We ask the global community, media, regulators, and investors to stand with us. Please sign and share this petition to pressure HSBC to act responsibly — and urgently.

Because justice delayed is justice denied.

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Recent signers:
Rajnish Surve and 9 others have signed recently.

The Issue

We are 22 HSBC Lebanon retirees who gave decades of service to the bank — some over 40 years. We were promised post-retirement medical coverage, with HSBC management clearly stating before the 2017 sale of HSBC Lebanon to BLOM Bank that retirees would benefit from 75% premium insurance cover. Many of us accepted lower end-of-service payments based on this promise.

In 2022, BLOM Bank abruptly cut our insurance. HSBC, instead of honoring its responsibility, referred us back to BLOM — after offering a one-off payment in 2024 that barely covered the cost of two nights in a hotel. BLOM, for its part, has closed its doors to us, telling us simply: “Do what you want.”

Today, we are trapped between two banks:

HSBC, which refuses to release the sale agreement with BLOM, citing “confidentiality,” leaving us unable to prove our rights.
BLOM, which cut our medical coverage without accountability.
Meanwhile, Lebanon is in crisis: our money is locked in the banks, the healthcare system is collapsing, and courts are paralyzed. Retirees are suffering in silence:

Some are confined to their bedrooms, unable to access hospitals.
One senior manager with 47 years at HSBC was forced to sell his home in Mansourieh to pay for medical insurance.
Others are now negotiating to sell their properties just to afford basic healthcare.
We call on HSBC to:

Publicly release the section of the sale agreement with BLOM that governs retirees’ rights.
Reinstate or guarantee medical coverage for HSBC Lebanon retirees who gave their lives to the bank.
HSBC made billions in profit in 2025, boasting about performance and discipline. Meanwhile, its own retirees are being left without medicine, treatment, or dignity.

We ask the global community, media, regulators, and investors to stand with us. Please sign and share this petition to pressure HSBC to act responsibly — and urgently.

Because justice delayed is justice denied.

Petition Updates