HSBC 2002 Annual Report Download - page 147

145
Deposits
The following table analyses the average amount of bank and customer deposits and certificates of deposit (‘CDs’ )
and other money market instruments (which are included within ‘debt securities in issue’ in the balance sheet)
together with the average interest rates paid thereon for each of the past three years. The geographical analysis of
average deposits is based on the location of the office in which the deposits are recorded and excludes balances with
HSBC companies. The ‘Other’ category includes securities sold under agreements to repurchase.
Year ended 31 December
2002 2001 2000
Average
Balance
Average
Rate
Average
b
alance
Average
rate
Average
b
alance
Average
rate
US$m % US$m %US$m %
Deposits by banks
Europe
Demand and other – non-interest bearing.................. 7,626
–
8,184 –3,842
–
Demand – interest bearing ........................................ 5,282 3.0 5,130 3.4 6,402 4.5
Time.......................................................................... 19,053 2.0 20,672 5.5 14,981 5.9
Other ......................................................................... 12,113 3.0 10,437 3.9 8,895 4.3
Total.......................................................................... 44,074 44,423 34,120
Hong Kong
Demand and other – non-interest bearing.................. 1,011
–
1,085 – 945
–
Demand – interest bearing ........................................ 1,910 1.6 1,740 3.6 1,581 5.7
Time.......................................................................... 321 2.0 495 4.1 1,075 6.4
Other ......................................................................... 39 7.0 43 3.2 12 9.8
Total.......................................................................... 3,281 3,363 3,613
Rest of Asia-Pacific
Demand and other – non-interest bearing.................. 898
–
596 – 692
–
Demand – interest bearing ........................................ 663 2.4 600 4.4 525 4.0
Time.......................................................................... 2,804 4.4 2,820 5.7 2,485 6.7
Other ......................................................................... 786 4.6 556 4.3 252 5.6
Total.......................................................................... 5,151 4,572 3,954
North America
Demand and other – non-interest bearing.................. 1,271
–
1,447 –725
–
Demand – interest bearing ........................................ 3,566 1.0 2,962 2.5 2,323 3.4
Time.......................................................................... 2,205 2.4 1,876 3.9 1,319 6.3
Other ......................................................................... 3,488 1.7 4,015 3.4 2,984 4.8
Total.......................................................................... 10,530 10,300 7,351
South America
Demand and other – non-interest bearing.................. 19
–
149 – 197
–
Demand – interest bearing ........................................ 385 29.4 916 10.8 810 12.1
Time.......................................................................... 296 5.2 712 4.1 418 5.0
Other ......................................................................... 180 15.0 221 13.3 181 13.6
Total.......................................................................... 880 1,998 1,606
Total
Demand and other – non-interest bearing.................. 10,825
–
11,461 –6,401
–
Demand – interest bearing ........................................ 11,806 3.0 11,348 3.9 11,641 4.9
Time.......................................................................... 24,679 2.3 26,575 5.4 20,278 6.0
Other ......................................................................... 16,606 2.9 15,272 3.9 12,324 4.6
Total.......................................................................... 63,916 64,656 50,644