Founded in 1880, HSBC Bank is a global universal bank providing various banking and financial services worldwide. HSBC Bank offers products and services in the following segments: retail banking and wealth management, commercial banking, global banking and markets, and global private banking. HSBC Bank plc operates as a branch of HSBC Bank plc (United Kingdom).
HSBC Bank plc is the 64th largest bank in Belgium in terms of total assets. In 2017 its total assets were 257,92 mln EUR, providing the bank with the market share of 0.02%.
HSBC Bank plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.
HSBC Bank plc is located in BRUXELLES.
|Total Assets (2017)|
|257.92 mln EUR (+45.09%)|
In 2017 total assets of HSBC Bank plc were 257.92 mln EUR. Growth compared to the previous period (2016) was 45.09%. The evolution of the total assets of HSBC Bank plc is shown at Chart 1 below.
Chart 1. Total Assets of HSBC Bank plc.
Recent changes in total assets of HSBC Bank plc and its main components are shown in Table 1.
|Loans to banks||153.4||197.3||+28.63%|
|Loans to customers||21.9||58.6||+167.37%|
|Table 1. Recent changes in total assets of HSBC Bank plc (mln EUR).|
Recent changes in total liabilities of HSBC Bank plc and its main components are shown in Table 2.
|Bank deposits||0.1||55.1||+102 025.93%|
|Table 2. Recent changes in total liabilities of HSBC Bank plc (mln EUR).|
|Yes (up to 85 000 GBP per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All branches of EEA-banks operating in Belgium participate in deposit guarantee schemes of their home countries. This means that HSBC Bank plc participates in the deposit guarantee scheme of the United Kingdom.
In the case of HSBC Bank plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||private individuals, small companies|
|Maximum Protected Amount||85 000 GBP|
|Paid In Currency||GBP|
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of HSBC Bank plc and its components are shown in the table below.
|Bank BIC Code||HSBC|
|Country Code||BE (Belgium)|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of HSBC Bank plc is shown in the table below.
The following banks operating under HSBC Bank brand name has been recently closed down: