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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.
In 2023, HSBC BANK A.Ş. achieved the position of 15th largest bank in Turkey with a market share of 0.65%; its total assets grew by 48.13%.
Additionally, the bank became the 27th profitable bank in relation to its total assets showcasing 3.52% return on assets in 2023.
Deposits up to 200,000 TRY are covered by Turkish deposit guarantee scheme in HSBC BANK A.Ş.
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HSBC BANK A.Ş. ranks as the 15th largest bank in Turkey by total assets. In 2023 its total assets were 139.91 bln TRY, representing a 0.65% market share. In 2023 the bank's net income was 4,126.84 mln TRY.
Savings Deposit Insurance Fund (SDIF)HSBC BANK A.Ş. protects deposits up to up to 200,000 TRY per depositor through Turkey's deposit guarantee scheme. The scheme applies to private current accounts, participation accounts, precious metals accounts made by natural persons (Turkish and foreign). The bank participates in the Savings Deposit Insurance Fund (SDIF), making regular contributions into it.
HSBC (United Kingdom)
ESENTEPE MAH. BÜYÜKDERE CAD. NO:128, ŞİŞLİ / İSTANBUL, Turkey
(212) 376 40 00
(212) 267 47 94HSBC BANK A.Ş. has profiles at the following social networks:
HSBC BANK A.Ş. is authorized and supervised by the Central Bank of the Republic of Turkey (reference number 4766).
HSBC BANK A.Ş. provides products and services in the areas of retail banking, private banking, asset management, wealth management, business banking, corporate banking. HSBC BANK A.Ş. offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, gold accounts, silver accounts, consumer loans, mortgage loans, car loans, overdraft loans, private pensions, insurance.
branch online bankingProducts and services offered by HSBC BANK A.Ş. are available at its branches and via its online banking system.
In 2023 total assets of HSBC BANK A.Ş. were 139.91 bln TRY. Growth compared to the previous period (2022) was 48.13%. The evolution of the total assets of HSBC BANK A.Ş. is shown at Chart 1 below.
Chart 1. Total Assets of HSBC BANK A.Ş..
Recent changes in total assets of HSBC BANK A.Ş. and its main components are shown in Table 1.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Loans | 2.8 | 47.1 | +1,565.72% |
| Total Assets | 94.4 | 139.9 | +48.13% |
Table 1. Recent changes in total assets of HSBC BANK A.Ş. (bln TRY).
Recent changes in total liabilities of HSBC BANK A.Ş. and its main components are shown in Table 2.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Deposits | 41.6 | 108.5 | +160.56% |
| Total Liabilities | 94.4 | 139.9 | +48.13% |
Table 2. Recent changes in total liabilities of HSBC BANK A.Ş. (bln TRY).
Recent changes in gross profit of HSBC BANK A.Ş. and its main components are shown in Table 3.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Interest Income | 7,429.6 | 16,848.8 | +126.78% |
| Interest Charges | -4,004.7 | -14,435.8 | +260.47% |
| Net Interest Income | 3,424.8 | 2,413.0 | -29.54% |
| Net Commission Income | 811.9 | 949.8 | +16.98% |
| Commission Income | 942.9 | 1,429.4 | +51.60% |
| Commission Charges | -131.0 | -479.7 | +266.16% |
Table 3. Recent changes in gross profit of HSBC BANK A.Ş. (mln TRY).
In 2023 net income of HSBC BANK A.Ş. was 4,126.84 mln TRY. Growth compared to the previous period (2022) was 27.59%. The evolution of the net income of HSBC BANK A.Ş. is shown at Chart 2 below.
Chart 2. Net Income of HSBC BANK A.Ş..
In 2023 HSBC BANK A.Ş. was ranked the 15th largest bank in Turkeyin terms of total assets, having 0.65% of the domestic market share.
Chart 3. Market share of HSBC BANK A.Ş. (among banks in Turkey)
Historical changes in HSBC BANK A.Ş.'s domestic rank and market share over 2019-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 15 | 0.65 % |
| 2022 | 16 | 0.67 % |
| 2021 | 14 | 0.89 % |
| 2020 | 15 | 0.77 % |
| 2019 | 15 | 0.83 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to HSBC BANK A.Ş. listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 14 |  | 0.65% | 140.52 bln TRY (+32.51%) |
| 15 | | 0.65% | 139.91 bln TRY (+48.13%) |
| 16 |  | 0.63% | 134.85 bln TRY (+37.23%) |
Discover key identifiers of HSBC BANK A.Ş. including its BIC, LEI, sort code.
BIC: HSBCTRIX
The BIC (also known as SWIFT code) for HSBC BANK A.Ş. is HSBCTRIX. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | HSBCTRIX |
| Bank BIC Code | HSBC |
| Country Code | TR (Turkey) |
| Location Code | IX |
| Branch Code | - |
LEI: 213800KK1F4HFJA5Q612
HSBC BANK A.Ş.’s LEI is 213800KK1F4HFJA5Q612. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
| Key | Value |
|---|---|
| LEI | 213800KK1F4HFJA5Q612 |
| LOU Identifier | 2138 |
| Reserved | 00 |
| Entity Identifier | KK1F4HFJA5Q6 |
| Verification ID | 12 |
Bank Sort Code: 0123
The Bank Sort Code for HSBC BANK A.Ş. is 0123. This unique code identifies the bank within Turkey and is essential for domestic payment transactions.
| Key | Value |
|---|---|
| Bank Sort Code | 0123 |
In Turkey bank sort codes, called Electronic Fund Transfer Codes, are allocated bythe National Bank of Turkey and consist of 4 digits.
TheBanks.eu identified several banks similar to HSBC BANK A.Ş. based on various criteria, including:
