HSBC Bank

HSBC Bank is the largest bank in Hong Kong and second largest group in the world after Citicorp. Before moving
its headquartering to London in 1!" it was headquartered in Hong Kong. H#BC $ndia is having branches in
Headband" Bangalore" Chennai" Chandigarh" Combater" %orgon" H&derabad" 'aper" Kochi" Collate" Lothian"
(umbai" )ew *elhi" )aiad" +ane" ,hane" ,rivandrum and -isakhapatnam.
H#BC ).$ centers are located in /sia0+acific" the (iddle 1ast" 1urope and )orth /merica. H#BC ).$ centers
provide full range of personal and private banking products in $ndia and overseas. H#BC $nternet banking adds to
the services of H#BC $ndia abroad.
H#BC $ndia" along with H#BC $nvestment product and H#BC $nsurance" it offers international %old Card and
Classic Credit Cards from -$#/ and (asterCard and debit cards from -isa. H#BC in $ndia gives 23 hour banking
services" e4tensive network of /,(s" integrated Call Centre and also H#BC e0banking.
H#BC Bank $ndia 5act 5ile
,he H#BC %roup develops and applies advanced technolog& to the efficient and convenient deliver& of banking
and related financial services. H#BC Bank $ndia provides the following6
#elf0service banking with over 17! in0branch and off0branch /,(s and 230hour phone banking.
,rade and corporate banking services with real0time access to a centrali8ed information database
$nstantaneous inter0cit& transactions through online connections between all branches
/ state0of0the0art treasur& dealing s&stem
/ sophisticated card s&stem supporting debit and credit cards" domestic and international -$#/"
(asterCard" and co0branded cards
/ dedicated acquiring s&stem for both (asterCard and -isa transactions
9nline :hsbc " H#BC internet banking service" provides customers with an integrated and secure platform
to access their accounts.
$nternet +a&ment %atewa& handles credit card transactions on the internet
/lthough the H#BC Bank has its headquarters in London" ;K" it was formed in Hong Kong. H#BC Bank is one of
the largest banking groups in the world. /s such" it is no surprise that H#BC Bank has a presence in man&
countries in the world.
HSBC Bank History
,he seeds of toda&s H#BC Bank were sown in 1<=7" but at its inception was called the Hong Kong and #hanghai
Banking Corp. #hortl& after its birth" the Hong Kong and #hanghai Banking Corp. began to e4pand into other parts
of /sia" 1urope and the ;#/. $n the earl& &ears of the 2!th Centur&" the H#BC Bank invested int man& pro>ects
like the building of the railroads.
$n the late 1<!s" the ;K H#BC Bank operation acquired a significant stake ?of around 17@A in the now defunct
(idland Bank" which led to the full acquisition of the bank in the earl& 1!s. /cquisitions were not solel& carried
out on ;K soil" as proven with H#BCs 1 purchase of the .epublic )ational Bank of )ew Bork. *uring this time
H#BC Bank began to focus its attention on regional areas in )orth /merica" 1urope and the (iddle 1ast.
,here is presentl& significant investment into the ;K organisation to upgrade branches and promote the image of
H#BC Bank.
H#BC Banks revenues are fairl& evenl& split throughout it global operations with no particular countr& seeming to
dominate. However" recent e4pansion in Hong Kong is taking the H#BC back to China after its forced relocation to
London in 12.
HSBC Bank Consumer Services
H#BC Bank offers numerous financial services to its consumer banking customers. Customers of H#BC can take
advantage of services such as6
H#BC Bank savings and investments
H#BC Bank credit cards
H#BC Bank loans
H#BC Bank mortgages
and H#BC Bank insurance
Cithin each of these product lines there are a number of different options and prices. H#BC Bank consumer
services can be accessed via the $nternet through H#BCs online banking facilit&
HSBC Bank Commercial & Private Banking
/long with its consumer offerings" HSBC Bank provides a variet& of services to the commercial" global and private
banking markets. /s with consumer banking services" all of these services can also be accessed via H#BC Banks
online banking facilit&.
H#BC Bank is a subsidiar& of H#BC Holdings plc" a London based banking giant which" according to the 5orbes
maga8ine" is the largest banking group in the world" and the =th largest compan& in the world as of /pril 2!!.
H#BC Holdings had been established in Hong Kong in the &ear 1! as the parent compan& to the Hongkong and
#hanghai Banking Corporation ?H#BCA. 5urther" the bank moved its headquarters from Hong Kong to London.
Ke& /tributes
Cith a loan0deposit ratio of !@" H#BC Bank is said to be one of the five British banks that claim to have more
deposits than loans. #uch a high loan0deposit ratio of the bank has been able to retain the trust of its investors and
customers" keeping them assured of its financial strengths. ,he sound financial position of the bank can also be
attributed to the fact that its stocks maintained relativel& high price even during the credit crunch phase" something
not commonl& seen to have happened to other banks.
+resence $n $ndia
$n $ndia" the introduction of H#BC Bank can be dated as earl& as the &ear 1<7D" with the establishment of the
(ercantile Bank of $ndia in (umbai. Currentl&" H#BC %roup operates through a number of its subsidiaries in $ndia"
vi8. ,he Hongkong and #hanghai Banking Corporation Limited ?H#BCA" H#BC /sset (anagement ?$ndiaA +rivate
Limited" H#BC %lobal .esourcing E H#BC 1lectronic *ata +rocessing ?$ndiaA +rivate Limited" H#BC $nsurance
Brokers ?$ndiaA +rivate Limited" H#BC 9perations and +rocessing 1nterprise ?$ndiaA +rivate Limited" H#BC +rivate
1quit& (anagement ?(auritiusA Limited" H#BC +rofessional #ervices ?$ndiaA +rivate Limited" H#BC #ecurities and
Capital (arkets ?$ndiaA +rivate Limited and H#BC #oftware *evelopment ?$ndiaA +rivate Limited. ,he group carries
out its Commercial Banking" Banking ,echnolog&" /sset (anagement" %lobal .esourcing" $nsurance and *ata
+rocessing operations in the countr& through its subsidiaries.
Commendable /chievements
H#BC Bank is well known for having established the first /,( ?/utomatic ,eller (achineA in $ndia in the &ear 1<F.
/s of /pril 2!!" the bank is present in man& prominent cities of the countr& including (umbai" )ew *elhi"
Bangalore" H&derabad" 'aipur" Chandigarh etc.
Head 9ffice
H#BC Bank"
5lora 5ountain"
(umbai ?(aharashtraA"
$ndia
Cebsite6 http6EEwww.hsbc.co.in