These factors were partly offset by the impact of a transfer of a portfolio of Global Banking clients to CMB in our legal entities in Australia and Indonesia. In GBM, customer accounts decreased by $7bn, including the transfer of clients to CMB referred to above. The reduction also included...
Fixed Term Deposit The Fixed Term Deposit option is available in 19 currencies, and you can save for a set period. This account offers flexibility, letting you set the time period and re-invest when it ends. However, if you want to open an account, you’ll need to maintain a minimum b...
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This document may not be distributed to the US, Canada or Australia or any other jurisdiction where its distribution is unlawful. Hong Kong In Hong Kong, this document is distributed by HBAP to its customers for general reference only. HBAP is not responsible for any loss, damage or other ...
In other developed countries, several central banks have also continued to raise rates in 2023, both in Europe (Sweden, Norway, Switzerland), in Canada and in Asia-Pacific (Australia, New Zealand). In contrast, the Bank of Japan has kept its policy rate unchanged at -0.10 per ...
FCNR (B) Deposit Account (Foreign Currency Non-Resident (Bank) Deposit Account):Maximize earnings with attractive interest rates on your fixed-term deposits in major foreign currencies like USD, GBP, or EUR. Interest earned on these deposits is often tax-exempt in India. ...
Thededicated Asia-Pacific pageprovides an overview of the changes to HSBC’s product offering in Australia, China, Hong Kong, India, Japan, Korea, Malaysia, Philippines, Singapore and Thailand. Issuance of new contracts referencing USD LIBOR ...
Green financing is increasingly a bridgehead for the bank, particularly in Australia, where deals for Worley and Woolworths have been landmarks. And the bank has taken in $400 million of green deposits in a year in India, while handling eight of the 10 green-bond issu...
“India and Indonesia both have strong local incumbents,” says Moody’s Hsu. “HSBC has a decent business in Singapore; in Taiwan it’s mostly wealth management serving high net-worth individuals; and in Australia, it has small local market share but makes decent revenue contribution for the...
It has nearly 4,000 branches in the most popular countries like UK, Hong Kong, Singapore, UAE, Australia, andtons more. If you live and work between two or more countries, HSBC helps you stay connected. Its mission is to open up "a world of opportunity." You get access to comprehensiv...