HSBC Bank Bermuda Limited

 (5.0; 2 ratings)
5.0 2
Business Focus
universal banking, international banking

HSBC is a global financial services provider, serving customers in wealth and personal banking, commercial banking, and global banking and markets. HSBC Bermuda is a provider of financial services in Bermuda, serving individuals, institutions and corporations locally and globally.

Services

retail banking
business banking
corporate banking

Clients

natural persons
companies
corporations

Area Served

BMBermuda
internationally

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
consumer loans
mortgage loans

Account Currencies

BMBMD (Bermudian dollar)
USUSD (US dollar)

Card Providers

Visa

Account Opening

Becoming a client of HSBC Bank Bermuda Limited can be done in a few steps:

1.
Book an appointment
2.
Visit bank branch

HSBC Bank Bermuda Limited performs client's identity verification via branch visit.

Ways to Bank

HSBC Bank Bermuda Limited delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
phone

Financials

Total Assets of HSBC Bank Bermuda Limited
Net_income of HSBC Bank Bermuda Limited
Market Share of HSBC Bank Bermuda Limited
Total Assets (2019)
8,378.31 mln USD  (+3.73%)
Net Income (2019)
142.75 mln USD  (+2.67%)

HSBC Bank Bermuda Limited is the 2nd largest bank in Bermuda in terms of total assets. In 2019 its total assets were 8 378,31 mln USD, providing the bank with the market share of 34.97%. In 2019 the bank's net income was 142,75 mln USD.

Deposit Guarantee

Protected Amount
up to 25,000 USD
Guarantee Fund
Bermuda Deposit Insurance Corporation (BDIC)
Covered Depositors
individuals
SMEs and charities registered in Bermuda
Covered Accounts
current and deposit accounts in BMD (Bermudian dollar)

HSBC Bank Bermuda Limited participates in the deposit guarantee scheme of Bermuda. This deposit guarantee scheme applies to current and deposit accounts in BMD (Bermudian dollar) made by individuals, SMEs and charities registered in Bermuda and covers up to up to 25,000 USD per bank per depositor. HSBC Bank Bermuda Limited is a member of Bermuda Deposit Insurance Corporation (BDIC) and makes its contributions into it.

HSBC Bank Bermuda Limited is a member of HSBC (United Kingdom).

Contacts

6 Front Street, HM 11, Hamilton, Bermuda
(441) 295-4000
(441) 295-7093

HSBC Bank Bermuda Limited is located in Hamilton.

Social Networks

HSBC Bank Bermuda Limited has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
BBDABMHM
LEI
0W1U67PTV5WY3WYWKD79
Company Number
2109

Bank Supervision

Supervised By
Bermuda Monetary Authority
Reference Number
2109

HSBC Bank Bermuda Limited is authorized and supervised by the Bermuda Monetary Authority (reference number 2109).

Bank History

Start Date
02 March 1891

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