HSBC 2007 Annual Report Download - page 172

HSBC HOLDINGS PLC
Report of the Directors: Financial Review (continued)
Other financial information > Average balance sheet / Analysis of changes in net interest income
170
Net interest margin
Year ended 31 December
2007 2006 2005
% % %
Europe HSBC Bank ................................................................... 1.58 2.09 2.08
HSBC Private Banking Holdings (Suisse) .................... 1.10 1.11 1.03
HSBC France ................................................................. 0.54 0.81 1.31
HSBC Finance ............................................................... 6.66 7.08 6.51
Hong Kong Hang Seng Bank ............................................................ 2.54 2.43 2.18
The Hongkong and Shanghai Banking Corporation ..... 2.27 2.29 2.20
Rest of Asia-Pacific The Hongkong and Shanghai Banking Corporation ..... 2.25 2.16 2.00
HSBC Bank Malaysia ................................................... 3.21 3.23 2.80
HSBC Bank Middle East .............................................. 3.63 4.11 3.68
North America HSBC Bank USA .......................................................... 2.43 1.95 2.31
HSBC Finance ............................................................... 6.84 6.83 7.32
HSBC Bank Canada ...................................................... 2.23 2.36 2.40
Latin America HSBC Mexico ............................................................... 8.60 7.92 7.64
Brazilian operations3 ..................................................... 10.55 11.78 11.45
HSBC Bank Panama ..................................................... 4.29 3.94 4.10
HSBC Bank Argentina .................................................. 8.86 7.31 7.85
2.91
3.10
3.14
Distribution of average total assets
Year ended 31 December
2007 2006 2005
% % %
Europe HSBC Bank ................................................................... 34.6
30.6
30.1
HSBC Private Banking Holdings (Suisse) .................... 2.2
2.3
2.2
HSBC France ................................................................. 12.0
10.0
9.9
HSBC Finance ............................................................... 0.3
0.5
0.7
Hong Kong Hang Seng Bank ............................................................ 4.4
4.3
4.8
The Hongkong and Shanghai Banking Corporation ..... 10.1
10.7
12.7
Rest of Asia-Pacific The Hongkong and Shanghai Banking Corporation ..... 6.9
6.0
6.5
HSBC Bank Malaysia ................................................... 0.7
0.6
0.6
HSBC Bank Middle East .............................................. 1.4
1.3
1.1
North America HSBC Bank USA .......................................................... 10.1
11.3
10.7
HSBC Finance ............................................................... 8.3
10.0
9.3
HSBC Bank Canada ...................................................... 3.3
2.4
2.6
Latin America HSBC Mexico ............................................................... 2.5
1.7
1.6
Brazilian operations1 ..................................................... 1.6
1.5
1.4
HSBC Bank Panama ..................................................... 0.7
0.2
0.1
HSBC Bank Argentina .................................................. 0.2
0.1
0.1
Other operations (including consolidation adjustments) ................................... 0.7
6.5
5.6
100.0
100.0
100.0
For footnotes, see page 173.