The Hongkong and Shanghai Banking Corp. Ltd. - S&P Global Ratings’ Credit Research

The Hongkong and Shanghai Banking Corp. Ltd.

The Hongkong and Shanghai Banking Corp. Ltd. - S&P Global Ratings’ Credit Research
The Hongkong and Shanghai Banking Corp. Ltd.
Published Dec 18, 2012
3854 words — Published Dec 18, 2012
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

High systemic importance in Hong Kong, where the bank is the market leader. Rich customer deposit base. Diversified revenue sources. Solid earnings capacity. Status as a core member of the HSBC group. Increasing exposure to emerging markets with higher economic risk. Rapid loan growth in 2010. The stable outlook reflects our belief that HSBC Asia Pacific will remain a bank with high systemic importance in Hong Kong and that it has a high likelihood of receiving extraordinary support from the Hong Kong government in times of need. We also expect the bank to continue to be a core subsidiary of HSBC group. The stable outlook also reflects our view that there is no meaningful pressure on HSBC Asia Pacific's SACP.

  
Brief Excerpt:

RESEARCH The Hongkong and Shanghai Banking Corp. Ltd. Publication date: 18-Dec-2012 Primary Credit Analyst: Terry Sham, CFA, FRM, Hong Kong (852) 2533-3590; terry_sham@standardandpoors.com Secondary Contact: Gavin J Gunning, Melbourne...

  
Report Type:

Full Report

Ticker
HSBCZ@HK
Issuer
Hongkong and Shanghai Banking Corp. Ltd. (The)
GICS
Diversified Capital Markets (40203030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Hong Kong
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "The Hongkong and Shanghai Banking Corp. Ltd." Dec 18, 2012. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/The-Hongkong-and-Shanghai-Banking-Corp-Ltd-1051618>
  
APA:
S&P Global Ratings’ Credit Research. (). The Hongkong and Shanghai Banking Corp. Ltd. Dec 18, 2012. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/The-Hongkong-and-Shanghai-Banking-Corp-Ltd-1051618>
  
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