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Company type | Subsidiary |
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Industry | Banking |
Founded | 1985 |
Headquarters | Sydney, Australia |
Key people | Martin Tricaud, CEO |
Products | Financial services, consumer banking, investment banking, wealth management, mortgages, personal loans, credit cards |
Parent | HSBC Holdings plc[1] |
Website | www.hsbc.com.au |
HSBC Bank Australia Limited (formerly the Hong Kong Bank of Australia Limited[2]) is the Australian subsidiary of HSBC.[1] The bank offers a wide range of financial services in Australia through a network of 36 branches and offices. These services include retail and commercial banking, financial planning, trade finance, treasury, and financial markets, payments and cash management, and securities custody.
HSBC Bank Australia was granted a banking licence in 1986, although the bank had originally established an Australian presence as Hongkong Finance Ltd in 1964.[3] It is a foreign bank in Australia, offering a wide range of banking products and services to the retail, commercial, corporate and institutional sectors.
The bank's headquarters is located in Barangaroo, a suburb in central Sydney.
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