HSBC Private bank (Monaco) S.A.

Business Focus
private banking, wealth management

HSBC Private Bank provides private banking, investments and wealth management products and services to high net worth individuals, their families, intermediaries, and trusts.

Products and Services

Services
private banking
wealth management
Clients
private individuals
families
intermediaries
trusts

Financials

Total Assets (2017)
911.67 mln EUR  (-74.86%)
Net Income (2017)
-7,913,858.71 EUR  (-52.54%)

HSBC Private bank (Monaco) S.A. was the 12th largest bank in Monaco in terms of total assets. In 2017 its total assets were 911,67 mln EUR, providing the bank with the market share of 2.03%. In 2017 the bank's net income was -7,91 mln EUR.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fonds de Garantie des Dépôts et de Résolution (FGDR)
Covered Depositors
natural persons
legal entities
Covered Accounts
all deposit accounts

HSBC Private bank (Monaco) S.A. participates in the deposit guarantee scheme of France. This deposit guarantee scheme applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. HSBC Private bank (Monaco) S.A. is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it.

Contacts

17 avenue d'ostende, 98000, Monaco, Monaco

Bank Identifiers

BIC (SWIFT)
BLICMCMCXXX
LEI
549300P005U3754PRO93
Company Number
97S03269
MFI ID
FR13488

Bank History

Close Date
30 April 2019

Similar Banks

Edmond de Rothschild (Monaco)
private banking, asset management
EFG Bank (Monaco)
global private banking, global asset management
KBL Monaco private bankers
private banking, asset management
Lloyds TSB bank plc
private banking