In February 2013, HFC Bank Limited reached an agreement to sell part of the secured loan portfolio to a third party, Sancopia Portfolios No 1 SARL. All remaining accounts were transferred from HFC Bank Limited to HSBC Bank plc.
In 2015 total assets of HFC Bank Plc were 103,50 mln GBP. In 2015 the bank's annual profit was 400 000,00 GBP.
HFC Bank Plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is WD (withdrawn).
HFC Bank Plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.
HFC Bank Plc was headquartered in Windsor.
|Total Assets (2015)|
|103.50 mln GBP (+0.29%)|
In 2015 total assets of HFC Bank Plc were 103.50 mln GBP. Growth compared to the previous period (2014) was 0.29%.
|Annual Profit (2015)|
|400 000.00 GBP (-5.44%)|
In 2015 annual profit of HFC Bank Plc was 400 000.00 GBP. Decline compared to the previous period (2014) was -5.44%.
|WD (withdrawn)||- (not rated)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. HFC Bank Plc is rated by Fitch.
Credit ratings assigned to HFC Bank Plc 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credit institution's relative vulnerability to default on its financial obligations, for HFC Bank Plc it is set to WD (withdrawn). The rating is not on watch. Short-term issuer default rating for HFC Bank Plc is set to WD (withdrawn).
|Long-Term Issuer Default Rating||WD|
|Short-Term Issuer Default Rating||WD|
|Support Rating Floor||-|
Viability rating for HFC Bank Plc is not set support rating is WD; support rating floor is not set.
|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 credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.
In the case of HFC 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|
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 HFC Bank Plc is shown in the table below.
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.
The following banks operating under HFC Bank brand name has been recently closed down: