HSBC 2002 Annual Report Download - page 109

107
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
(continued) US$m US$m % US$m US$m % US$m US$m %
Other interest-bearing liabilities
Europe HSBC Bank plc ............... 21,006 581 2.77 10,273 525 5.11 10,849 582 5.36
HSBC Private Banking
Holdings ...................... 1,645 37 2.25 1,152 69 5.99 840 30 3.57
CCF ................................. 10,725 154 1.44 6,496 92 1.42 118 6 5.08
Hong Kong Hang Seng Bank.............. 684 19 2.78 869 42 4.83 251 14 5.67
The Hongkong and
Shanghai Banking
Corporation Limited.... 7,753 179 2.31 7,367 309 4.19 6,009 342 5.78
Rest of Asia-
Pacific
The Hongkong and
Shanghai Banking
Corporation Limited.... 8,744 195 2.23 7,433 273 3.67 8,153 385 4.72
HSBC Bank Malaysia
Berhad ......................... 51 1 1.96 40 1 2.50 80 4 4.86
HSBC Bank Middle East. 179 6 3.35 46 4 8.70 96 6 6.25
North America HSBC USA Inc................ 9,545 280 2.93 7,425 462 6.22 9,767 603 6.17
HSBC Bank Canada ....... 415 15 3.61 374 16 4.28 406 20 4.93
HSBC Markets Inc........... 19,141 832 4.35 16,568 740 4.47 12,634 681 5.39
South America HSBC Bank Brasil........... 467 79 16.92 633 133 21.01 261 49 18.77
HSBC Bank
Argentina S.A............... 299
(
5
)
(
1.67)80 19 23.75 102 19 18.63
Other operations ..........................................
(
47,127
)
(
972
)
2.06 (30,800 ) (1,371) 4.45 (30,359 ) (1,566 ) 5.16
33,527 1,401 4.18 27,956 1,314 4.70 19,207 1,175 6.12