{"id":117,"date":"2013-06-26T06:37:42","date_gmt":"2013-06-26T06:37:42","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=117"},"modified":"2013-06-26T06:37:42","modified_gmt":"2013-06-26T06:37:42","slug":"the-strength-of-the-hsbc-balance-sheet","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=117","title":{"rendered":"The Strength of the HSBC Balance Sheet"},"content":{"rendered":"<p>The 2012 Annual report that was published in March 2013.<\/p>\n<p>[<a title=\"The HSBC Annual Report\" href=\"http:\/\/www.hsbc.com\/investor-relations\/financial-results\" target=\"_blank\">http:\/\/www.hsbc.com\/investor-relations\/financial-results<\/a>]<\/p>\n<p>Looking at the figures, one can see the strong position that the bank is in, good news for UK plc, good news for worried depositors and good news for borrowers.<\/p>\n<p>Total assets US$ 2,692,538 million [US$ 2.692 Trillion] = UK\u00a3 1.745 Trillion = <strong>UK \u00a31,745 Billion<\/strong><br \/>\nTotal liabilities 2,509,409 million [US$ 2.509 Trillion] = UK\u00a3 1.626 Trillion = <strong>UK \u00a31,626 Billion<\/strong><br \/>\nTotal equity 183,129<\/p>\n<p>Customer deposits US$ 1,340,014 million [US$ 1.340 Trillion] = UK\u00a3 0.686 Trillion = <strong>UK<\/strong> <strong>\u00a3868 Billion<\/strong><br \/>\nLoans and advances to customers US$ 997,623 million = UK\u00a3 626,724 Million = <strong>UK\u00a0\u00a3626 Billion<\/strong><\/p>\n<p>In short the bank has more cash on deposit (UK\u00a3 868 Billion) than loans advanced (UK <strong>\u00a3626 Billion<\/strong>)<\/p>\n<p>A bank with more cash than loans. A strong capital position.<\/p>\n<p>How big is HSBC ?<br \/>\nWell, it is massive.<\/p>\n<p>UK HMRC (Her Majesty&#8217;s Revenue and Customs) collected <strong>UK \u00a3469 Billion <\/strong>in taxes in 2012-13.<br \/>\nUK Government spent <strong>UK \u00a3694.89 Billion<\/strong> in 2012.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2012 Annual report that was published in March 2013. [http:\/\/www.hsbc.com\/investor-relations\/financial-results] Looking at the figures, one can see the strong position that the bank is in, good news for UK plc, good news for worried depositors and good news for borrowers. Total assets US$ 2,692,538 million [US$ 2.692 Trillion] = UK\u00a3 1.745 Trillion = UK [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-117","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/117\/revisions"}],"predecessor-version":[{"id":118,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/117\/revisions\/118"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}