HSBC 2007 Annual Report Download - page 171

169
Year ended 31 December
2007 2006 2005
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 ..................... 22,035 1,302 5.91 23,196 1,026 4.42 23,924 547 2.29
HSBC Private Banking
Holdings (Suisse) ........ 3,427 163 4.76 3,545 155 4.37
4,247 130 3.06
HSBC France .................. 27,830 979 3.52 13,476 488 3.62 14,154 220 1.55
HSBC Finance ................. 4,557 227 4.98 4,211 219 5.20 5,299 361 6.81
Hong Kong Hang Seng Bank .............. 2,278 114 5.00 1,378 64 4.64 1,228 36 2.93
The Hongkong and
Shanghai Banking
Corporation ................. 9,866 535 5.42 8,140 365 4.48
6,981 221 3.17
Rest of
Asia-Pacific
The Hongkong and
Shanghai Banking
Corporation ................. 12,631 580 4.59 13,425 629 4.69
13,725 460 3.35
HSBC Bank Malaysia ..... 232 6 2.59 235 9 3.83 137 4 2.92
HSBC Bank Middle East 1,168 81 6.93 1,046 63 6.02 767 23 3.00
North America HSBC Bank USA ............ 13,602 587 4.32 11,966 1,211 10.12 13,287 1,332 10.02
HSBC Finance ................. 1,941 113 5.82 542 18 3.32 – – –
HSBC Bank Canada ........ 1,151 27 2.35 1,134 22 1.94 856 12 1.40
HSBC Markets Inc .......... 8,889 255 2.87 2,883 88 3.05 4,718 121 2.56
Latin America HSBC Mexico ................. 207 16 7.73 135 8 5.93 1,258 30 2.38
Brazilian operations3 ....... 1,103 182 16.50 817 105 12.85 2,264 86 3.80
HSBC Bank Panama ....... 574 9 1.57 –– – 69 3 4.35
HSBC Bank Argentina .... 95 4 4.21 79 10 12.66 35 4 11.43
Other operations .......................................... (101,874) (4,422) (68,873) (3,822) (62,662) (2,961)
9,712 758 7.80 17,335 658 3.80 30,287 629 2.08
Total interest-bearing liabilities
Europe HSBC Bank ..................... 411,862 18,304 4.44 331,148 11,788 3.56 278,131 9,087 3.27
HSBC Private Banking
Holdings (Suisse) ........ 35,072 1,670 4.76 29,921 1,257 4.20 25,041 772 3.08
HSBC France .................. 119,391 4,781 4.00 80,044 2,759 3.45 70,898 1,727 2.44
HSBC Finance ................. 4,797 245 5.11 4,759 251 5.27 8,629 438 5.08
Hong Kong Hang Seng Bank .............. 68,358 2,223 3.25 59,298 1,924 3.24 56,087 1,024 1.83
The Hongkong and
Shanghai Banking
Corporation ................. 138,978 4,184 3.01 115,326 3,424 2.97 105,907 1,659 1.57
Rest of
Asia-Pacific
The Hongkong and
Shanghai Banking
Corporation ................. 107,909 4,229 3.92 84,451 3,216 3.81 74,218 2,236 3.01
HSBC Bank Malaysia ..... 9,748 291 2.99 8,146 243 2.98 7,070 182 2.57
HSBC Bank Middle East 19,611 810 4.13 13,212 497 3.76 10,351 257 2.48
North America HSBC Bank USA ............ 126,017 5,409 4.29 117,416 5,432 4.63 105,339 4,088 3.88
HSBC Finance ................. 149,350 7,503 5.02 142,812 6,942 4.86 104,059 4,497 4.32
HSBC Bank Canada ........ 47,663 1,850 3.88 38,547 1,354 3.51 31,380 789 2.51
HSBC Markets Inc .......... 8,889 255 2.87 2,883 88 3.05 4,718 121 2.56
Latin America HSBC Mexico ................. 16,567 737 4.45 14,790 552 3.73 15,166 573 3.78
Brazilian operations3 ....... 23,650 2,566 10.85 17,437 2,332 13.37 14,810 2,137 14.43
HSBC Bank Panama ....... 9,922 434 4.37 1,383 53 3.83 1,023 27 2.64
HSBC Bank Argentina .... 2,116 98 4.63 1,134 56 4.94 1,056 41 3.88
Other operations .......................................... (20,440) (1,025) 4,939 (775) 6,212 (895)
1,279,460 54,564 4.26 1,067,646 41,393 3.88 920,095 28,760 3.13
For footnotes, see page 173.