HSBC 2009 Annual Report Download - page 53

51
2009 2008 2007
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 %
Other interest-bearing liabilities
Europe HSBC Bank ..................... 50,247 655 1.30 38,906 1,134 2.91 22,035 1,302 5.91
HSBC Private Banking
Holdings (Suisse) ........ 3,892 18 0.46 4,203 135 3.21 3,427 163 4.76
HSBC France .................. 24,699 187 0.76 33,920 1,361 4.01 27,830 979 3.52
HSBC Finance ................. 2,363 59 2.50 3,712 191 5.15 4,557 227 4.98
Hong Kong Hang Seng Bank .............. 789 5 0.63 1,258 41 3.26 2,278 114 5.00
The Hongkong and
Shanghai Banking
Corporation ................. 12,815 105 0.82 10,557 288 2.73 9,866 535 5.42
Rest of Asia-
Pacific27
The Hongkong and
Shanghai Banking
Corporation ................. 19,447 177 0.91 23,685 466 1.97 12,631 580 4.59
HSBC Bank Malaysia ..... 266 2 0.75 338 7 2.07 232 6 2.59
Middle East27 HSBC Bank Middle East 1,748 68 3.89 1,918 89 4.64 1,168 81 6.93
North America HSBC Bank USA ............ 9,754 368 3.77 10,490 468 4.46 13,602 587 4.32
HSBC Finance ................. 4,051 102 2.52 4,670 141 3.02 1,941 113 5.82
HSBC Bank Canada ........ 1,149 6 0.52 1,306 19 1.45 1,151 27 2.35
HSBC Markets Inc .......... 1,716 36 2.10 10,349 78 0.75 8,889 255 2.87
Latin America HSBC Mexico ................. 301 11 3.65 187 20 10.70 207 16 7.73
Brazilian operations34 ...... 1,496 130 8.69 2,340 207 8.85 1,103 182 16.50
HSBC Bank Panama ....... 192 2 1.04 917 3 0.33 574 9 1.57
HSBC Bank Argentina .... 36 1 2.78 92 6 6.52 95 4 4.21
Other operations .......................................... (126,321) (1,030) (134,269) (3,979) (101,874) (4,422)
8,640 902 10.44 14,579 675 4.63 9,712 758 7.80
Total interest-bearing liabilities
Europe HSBC Bank ..................... 441,290 5,116 1.16 487,796 17,631 3.61 411,862 18,304 4.44
HSBC Private Banking
Holdings (Suisse) ........ 32,205 275 0.85 46,474 1,589 3.42 35,072 1,670 4.76
HSBC France .................. 160,019 1,826 1.14 143,529 6,142 4.28 119,391 4,781 4.00
HSBC Finance ................. 2,363 59 2.50 3,927 199 5.07 4,797 245 5.11
Hong Kong Hang Seng Bank .............. 74,330 233 0.31 70,908 1,073 1.51 68,358 2,223 3.25
The Hongkong and
Shanghai Banking
Corporation ................. 170,227 325 0.19 153,391 1,723 1.12 138,978 4,184 3.01
Rest of Asia-
Pacific27
The Hongkong and
Shanghai Banking
Corporation ................. 127,871 2,054 1.61 145,388 4,425 3.04 107,909 4,229 3.92
HSBC Bank Malaysia ..... 10,437 211 2.02 11,417 332 2.91 9,748 291 2.99
Middle East27 HSBC Bank Middle East 24,235 571 2.36 26,170 630 2.41 19,611 810 4.13
North America HSBC Bank USA ............ 125,725 1,972 1.57 131,632 3,676 2.79 126,017 5,409 4.29
HSBC Finance ................. 94,242 3,483 3.70 134,892 5,469 4.05 149,350 7,503 5.02
HSBC Bank Canada ........ 50,430 721 1.43 53,744 1,631 3.03 47,663 1,850 3.88
HSBC Markets Inc .......... 1,716 36 2.10 10,349 78 0.75 8,889 255 2.87
Latin America HSBC Mexico ................. 14,859 518 3.49 18,314 856 4.67 16,567 737 4.45
Brazilian operations34 ...... 34,961 3,403 9.73 33,277 3,663 11.01 23,650 2,566 10.85
HSBC Bank Panama ....... 10,179 415 4.08 10,250 375 3.66 9,922 434 4.37
HSBC Bank Argentina .... 2,200 101 4.59 2,387 152 6.37 2,116 98 4.63
Other operations .......................................... (24,006) 47 (32,003) (906) (20,440) (1,025)
1,353,283 21,366 1.58 1,451,842 48,738 3.36 1,279,460 54,564 4.26
For footnotes, see page 149.