Interim Report - 9 of 24

RNS Number : 2011X

HSBC Holdings PLC

26 August 2015

 



Asia

Our principal banking subsidiaries in Hong Kong are The Hongkong and Shanghai Banking Corporation Limited and Hang Seng Bank Limited. The former is the largest bank incorporated in Hong Kong and is our flagship bank in Asia. We offer a wide range of banking and financial services in mainland China through our local subsidiaries, HSBC Bank (China) Company Limited and Hang Seng Bank (China) Limited. We also participate indirectly in mainland China through our associate, Bank of Communications. Outside Hong Kong and mainland China in Asia, we conduct business in 18 countries and territories, with particularly strong coverage in Australia, India, Indonesia, Malaysia, Singapore and Taiwan.
		Half-year to
		30 Jun		30 Jun		31 Dec
		2015		2014		2014
		$m		$m		$m
Net interest income		6,060		6,090		6,183
Net fee income		3,291		2,966		2,944
Net trading income		1,779		1,329		1,293
Other income		2,935		1,722		1,150
Net operating income15		14,065		12,107		11,570
LICs		(246)		(216)		(431)
Net operating income		13,819		11,891		11,139
Total operating expenses		(5,457)		(5,009)		(5,418)
Operating profit		8,362		6,882		5,721
Income from associates		1,038		1,012		1,010
Profit before tax		9,400		7,894		6,731
Loans and advances to customers (net)		371,639		362,387		362,955
Customer accounts		599,940		570,221		577,491
RoRWA		3.8%		3.4%		2.7%
Cost efficiency ratio		38.8%		41.4%		46.8%
Period-end staff numbers		120,588		115,111		118,322

For footnote, see page 56.

Country view of adjusted revenue

		Half-year to
		30 Jun		30 Jun		31 Dec
		2015		2014		2014
		$m		$m		$m
Hong Kong		7,750		6,820		6,908
Australia		421		420		424
India		929		870		896
Indonesia		267		252		258
Mainland China		1,331		1,214		1,234
Malaysia		519		473		484
Singapore		653		620		640
Taiwan		218		262		217
Other		558		588		566
		12,646		11,519		11,627

Profit before tax ($m)

Revenue ($m)

Operating expenses ($m)

For details of significant items, see page 50.

 

END

 

 

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