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 is the 2nd largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 604,96 bln GBP, providing the bank with the market share of 6.81%. In 2018 the bank's annual profit was 1 532,00 mln GBP.
HSBC Bank plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
HSBC Bank plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. HSBC Bank plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
HSBC Bank plc is headquartered in London.