HSBC France is focused on assisting French companies in their international development and on assisting individuals in managing their wealth. HSBC France offers financial services to businesses and individuals, including their personal banking needs, asset management, private banking, business and investors, as well as international markets.
In 2017 total assets of HSBC France were 189,75 bln EUR. In 2017 the bank's net income was 172,00 mln EUR.
HSBC France is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).
HSBC France participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.
HSBC France is headquartered in PARIS CEDEX 08.
|Total Assets (2017)|
|189.75 bln EUR (+0.97%)|
In 2017 total assets of HSBC France were 189.75 bln EUR. Growth compared to the previous period (2016) was 0.97%.
|Net Income (2017)|
|172.00 mln EUR (+47.01%)|
In 2017 net income of HSBC France was 172.00 mln EUR. Growth compared to the previous period (2016) was 47.01%.
|AA- (very high credit quality)||Aa3 (high grade)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. HSBC France is rated by Fitch and Moody's.
Credit ratings assigned to HSBC France as of May 2018 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for HSBC France it is set to AA- (very high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for HSBC France is set to F1+ (highest short-term credit quality).
|Long-Term Issuer Default Rating||AA-|
|Short-Term Issuer Default Rating||F1+|
|Support Rating Floor||-|
Viability rating for HSBC France is set to a- (high fundamental credit quality); support rating is 1 (extremely high probability of external support); support rating floor is not set.
Long-term rating for HSBC France it is set to Aa3 (high grade). Long-term bank deposit rating is Aa3 (high grade). Baseline credit assessment is baa3. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||Aa3|
|Baseline Credit Assessment||baa3|
Outlook for the ratings of HSBC France is set to stable (not likely to change).
|Yes (up to 100 000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in France are obliged to participate in French deposit guarantee scheme.
In the case of HSBC France failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)|
|Covered Currencies||all currencies|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
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 France and its components are shown in the table below.
|Bank BIC Code||CCFR|
|Country Code||FR (France)|
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 France is shown in the table below.
Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.
|Bank Sort Code||30056|
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.