HSBC 2004 Annual Report Download - page 182

HSBC HOLDINGS PLC
Other information (continued)
180
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
2004 2003 2002
Average
balance
Average
rate
Average
balance
Average
rate
Average
balance
Average
rate
US$m % US$m % US$m %
Deposits by banks
Europe
Demand and other – non-interest bearing ........... 14,746 – 9,895 – 7,626 –
Demand – interest bearing .................................. 9,237 1.5 6,418 3.3 5,282 3.0
Time ................................................................... 22,746 2.7 17,877 1.9 19,053 2.8
Other ................................................................... 22,884 2.5 13,828 2.5 12,113 3.0
Total .................................................................... 69,613 48,018 44,074
Hong Kong
Demand and other – non-interest bearing ........... 1,723 – 1,253 – 1,011 –
Demand – interest bearing .................................. 2,484 1.2 2,059 1.0 1,910 1.6
Time ................................................................... 1,016 1.6 450 1.1 321 2.0
Other ................................................................... 416 1.7 110 5.5 39 7.0
Total .................................................................... 5,639 3,872 3,281
Rest of Asia-Pacific
Demand and other – non-interest bearing ........... 1,641 – 1,438 – 898 –
Demand – interest bearing .................................. 1,013 2.3 737 1.8 663 2.4
Time ................................................................... 4,410 3.1 3,055 3.6 2,804 4.4
Other ................................................................... 1,146 2.7 664 1.7 786 4.6
Total .................................................................... 8,210 5,894 5,151
North America
Demand and other – non-interest bearing ........... 1,943 – 1,442 – 1,271 –
Demand – interest bearing .................................. 3,098 1.4 3,161 0.7 3,566 1.0
Time ................................................................... 2,810 3.7 3,151 2.9 2,205 2.4
Other ................................................................... 4,480 1.8 2,526 1.2 3,488 1.7
Total .................................................................... 12,331 10,280 10,530
South America
Demand and other – non-interest bearing ........... 13 – 17 – 19 –
Demand – interest bearing .................................. 148 6.8 181 8.3 385 29.4
Time ................................................................... 238 6.3 273 12.8 296 5.2
Other ................................................................... 703 5.7 299 19.1 180 15.0
Total .................................................................... 1,102 770 880
Total
Demand and other – non-interest bearing ........... 20,066 – 14,045 – 10,825 –
Demand – interest bearing .................................. 15,980 1.5 12,556 2.2 11,806 3.0
Time ................................................................... 31,220 2.9 24,806 2.3 24,679 3.0
Other ................................................................... 29,629 2.4 17,427 2.6 16,606 2.9
Total .................................................................... 96,895 68,834 63,916