HSBC 2002 Annual Report Download - page 107

105
Year ended
31 December 2002
Year ended
31 December 2001
Year ended
31 December 2000
Average
balance
Interest
expense Cost
Average
Balance
Interest
Expense Cost
Average
balance
Interest
expense Cost
Liabilities and shareholders’ funds US$m US$m % US$m US$m % US$m US$m %
Deposits by banks #
Europe HSBC Bank plc ............... 18,259 212 1.16 13,890 451 3.25 12,725 668 5.25
HSBC Private Banking
Holdings ...................... 1,976 60 3.04 1,708 66 3.86 2,158 103 4.77
CCF ................................. 13,456 596 4.43 17,393 1,136 6.53 11,534 644 5.58
Hong Kong Hang Seng Bank.............. 83 1 1.20 256 9 3.52 632 37 5.79
The Hongkong and
Shanghai Banking
Corporation Limited.... 2,066 35 1.69 1,933 70 3.62 1,911 113 5.93
Rest of Asia-
Pacific
The Hongkong and
Shanghai Banking
Corporation Limited.... 2,683 103 3.84 2,757 146 5.30 1,956 109 5.57
HSBC Bank Malaysia
Berhad ......................... 113 3 2.65 32 1 3.13 51 1 2.26
HSBC Bank Middle East. 531 15 2.82 315 14 4.44 326 21 6.44
North America HSBC USA Inc................ 4,216 46 1.09 3,702 100 2.70 2,776 102 3.67
HSBC Bank Canada ....... 679 26 3.83 439 18 4.10 374 21 5.61
HSBC Markets Inc........... 3,190 44 1.38 3,654 114 3.12 2,791 131 4.69
South America HSBC Bank Brasil........... 693 79 11.40 1,177 106 9.01 920 101 10.98
HSBC Bank
Argentina S.A............... 164 69 42.07 432 29 6.71 425 35 8.24
Other operations .......................................... 4,985 133 2.67 5,506 199 3.61 5,664 270 4.76
53,094 1,422 2.68 53,194 2,459 4.62 44,243 2,356 5.33
Customer accounts #
Europe HSBC Bank plc ............... 106,301 2,387 2.25 90,055 3,300 3.66 88,360 4,037 4.57
HSBC Private Banking
Holdings ...................... 20,476 549 2.68 20,839 937 4.50 16,421 965 5.88
CCF ................................. 11,841 593 5.01 12,174 665 5.46 7,181 421 5.86
Hong Kong Hang Seng Bank.............. 48,074 448 0.93 49,842 1,502 3.01 47,432 2,397 5.05
The Hongkong and
Shanghai Banking
Corporation Limited.... 82,535 616 0.75 81,484 2,219 2.72 75,534 3,651 4.83
Rest of Asia-
Pacific
The Hongkong and
Shanghai Banking
Corporation Limited.... 29,965 705 2.35 25,581 969 3.79 22,994 1,117 4.86
HSBC Bank Malaysia
Berhad ......................... 4,347 131 3.01 4,456 145 3.25 4,360 146 3.35
HSBC Bank Middle East. 6,176 106 1.72 6,311 250 3.96 5,937 331 5.58
North America HSBC USA Inc................ 45,438 860 1.89 45,817 1,609 3.51 41,966 1,951 4.65
HSBC Bank Canada ....... 13,708 257 1.87 12,876 474 3.68 12,314 593 4.82
HSBC Markets Inc........... 6,972 112 1.61 7,820 295 3.77 4,427 234 5.29
South America HSBC Bank Brasil........... 3,066 491 16.01 4,086 598 14.64 4,275 553 12.94
HSBC Bank
Argentina S.A............... 757 217 28.67 2,689 226 8.40 2,854 191 6.69
Other operations .......................................... 26,949 704 2.61 23,919 1,062 4.44 22,972 1,168 5.08
406,605 8,176 2.01 387,949 14,251 3.67 357,027 17,755 4.97
#Further analysis is given on pages 145 and 146.