HSBC Bank (Singapore) Limited

HSBC Bank (Singapore) Limited is one of the leading multinational banks in Singapore. The bank is a member of the HSBC Group, one of the world's largest financial conglomerates with headquarters in London, UK. HSBC Singapore provides its customers with a range of financial services, including deposits, loans, insurance, investment, and online banking products.

HSBC Bank (Singapore) Limited has been operating in Singapore for over 140 years and currently has over 10 branches and 40 banking outlets throughout the country. In recent years, HSBC Singapore has maintained a stable operating performance and delivered consistent revenue for the HSBC Group.

As of December 2022, the total assets of HSBC Singapore reached 21.85 billion USD, a 5.5% increase from the previous year. The total customer deposits amounted to 19.53 billion USD, up 2.1% compared to the previous year. The bank's loan book stood at 10.86 billion USD, representing a decrease of 1.5% from the previous year.

The financial report from HSBC Group shows that the total operating income of HSBC Singapore for the fiscal year ending in December 2022 reached 466.24 million USD, a 49% increase compared to the previous year.

With stable financial performance and growth, HSBC Bank (Singapore) Limited has won numerous awards, including Best Foreign Trade Bank in Singapore and Best Business Customers Award in Singapore. The bank has been growing in recent years and has made important contributions to the development of Singapore's economy.

Founded: 1877
Headquarters: HSBC Building, 21 Collyer Quay, Singapore.

Website: https://www.hsbc.com.sg/