HSBC 2008 Annual Report Download - page 49

47
2008 2007 2006
Average
balance
Interest
expense Cost
Average
balance
Interest
expense Cost
Average
balance
Interest
expense Cost
US$m US$m % US$m US$m % US$m US$m %
Customer accounts12
Europe HSBC Bank ..................... 305,702 10,092 3.30 270,965 10,576 3.90 221,369 7,031 3.18
HSBC Private Banking
Holdings (Suisse) ........ 37,778 1,349 3.57 30,955 1,485 4.80 25,346 1,069 4.22
HSBC France .................. 39,428 1,583 4.01 31,845 1,226 3.85 23,579 752 3.19
Hong Kong Hang Seng Bank .............. 66,142 914 1.38 61,227 1,900 3.10 54,267 1,712 3.15
The Hongkong and
Shanghai Banking
Corporation ................. 139,169 1,365 0.98 125,478 3,499 2.79
104,441 2,934 2.81
Rest of
Asia-Pacific
The Hongkong and
Shanghai Banking
Corporation ................. 96,476 2,869 2.97 76,052 2,645 3.48
56,760 1,903 3.35
HSBC Bank Malaysia ..... 10,266 295 2.87 8,823 260 2.95 7,260 212 2.92
HSBC Bank Middle East 19,922 422 2.12 15,685 578 3.69 11,713 411 3.51
North America HSBC Bank USA ............ 86,701 2,069 2.39 78,138 3,051 3.90 71,031 2,490 3.51
HSBC Bank Canada ........ 34,090 967 2.84 30,060 1,090 3.63 25,277 804 3.18
Latin America HSBC Mexico ................. 14,612 561 3.84 14,230 548 3.85 13,625 471 3.46
Brazilian operations9 ....... 26,288 3,110 11.83 19,581 2,163 11.05 14,887 2,056 13.81
HSBC Bank Panama ....... 7,761 296 3.81 7,604 314 4.13 998 34 3.41
HSBC Bank Argentina .... 2,266 145 6.40 1,892 85 4.49 983 41 4.17
Other operations .......................................... 64,253 1,952 3.04 55,351 2,297 4.15
49,846 1,811 3.63
950,854 27,989 2.94 827,886 31,717 3.83 681,382 23,731 3.48
Debt securities in issue
Europe HSBC Bank ..................... 86,216 4,001 4.64 64,168 3,753 5.85
45,870 2,047 4.46
HSBC France .................. 30,815 1,447 4.70 28,757 1,207 4.20
19,818 633 3.19
HSBC Finance ................. 215 8 3.72 240 18 7.50
548 32 5.84
Hong Kong Hang Seng Bank .............. 1,685 57 3.38 1,734 80 4.61
1,622 64 3.95
Rest of
Asia-Pacific
The Hongkong and
Shanghai Banking
Corporation ................. 8,995 640 7.12 8,979 559 6.23
7,990 438 5.48
HSBC Bank Malaysia ..... 475 20 4.21 318 13 4.09
371 13 3.50
HSBC Bank Middle East 2,650 90 3.40 2,086 119 5.70
– – –
North America HSBC Bank USA ............ 21,922 852 3.89 25,724 1,232 4.79
28,832 1,407 4.88
HSBC Finance ................. 98,096 3,765 3.84 115,520 5,311 4.60
112,353 5,047 4.49
HSBC Bank Canada ........ 16,957 604 3.56 14,771 640 4.33
10,616 460 4.33
Latin America HSBC Mexico ................. 2,693 243 9.02 1,147 110 9.59
249 23 9.24
Brazilian operations9 ....... 1,859 156 8.39 1,417 115 8.12
700 70 10.00
HSBC Bank Panama ....... 556 33 5.94 607 45 7.41
35 2 5.71
HSBC Bank Argentina .... 2–– 12 – –
– – –
Other operations .......................................... 13,691 66 0.48 6,446 (13) (0.20) 3,070 108 3.52
286,827 11,982 4.18 271,926 13,189 4.85
232,074 10,344 4.46
For footnotes, see page 143.