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 A.Ş. is the 17th largest bank in Turkey in terms of total assets. In 2017 its total assets were 24 627,92 mln TRL, providing the bank with the market share of 0.80%. In 2017 the bank's net income was 308,74 mln TRL.
HSBC BANK A.Ş. participates in deposit guarantee scheme of Turkey. This scheme covers accounts up to 100 000 TRL per bank per depositor.
|Total Assets (2017)|
|24 627.92 mln TRL (+1.06%)|
In 2017 total assets of HSBC BANK A.Ş. were 24 627.92 mln TRL. Growth compared to the previous period (2016) was 1.06%. 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..
|Net Income (2017)|
|308.74 mln TRL|
In 2017 net income of HSBC BANK A.Ş. was 308.74 mln TRL. Decline compared to the previous period (2016) was -186.58%. 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..
|Yes (up to 100 000 TRL 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 Turkey are obliged to participate in Turkish deposit guarantee scheme.
In the case of HSBC BANK A.Ş. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons|
|Covered Accounts||all cash deposit accounts, precious metals accounts|
|Maximum Protected Amount||100 000 TRL|
|Paid In Currency||TRL|
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of HSBC BANK A.Ş. and its components are shown in the table below.
|Bank BIC Code||HSBC|
|Country Code||TR (Turkey)|
Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.
|Bank Sort Code||0123|
The following banks operating under HSBC Bank brand name has been recently closed down: