Investor Presentaiton
HSBC has shown resilient performance in challenging environment
GTRF adjusted revenues declined in line with global trade value
USDM
Revenue decline bottomed out in 4Q16
-7%
-1%
2,768
623
616
2,581
2015
2016
3Q16
4Q16
GTRF funded assets grew at the end of 2016
Period end funded assets
+10%
Increased market share in 2016;
☐
☐
HK1 from 10.8% to 13%, record high
Singapore2 from 8.6% to 12.7%
■ UK Receivables Finance³ from 19% to
21.6%
see appendix for further information
Balance sheet started to grow in 4Q16
-4%
70
72
72
74
70
66
65
67
■ Asset growth momentum into 2017
1Q15
2Q15
3Q15
4Q15
Note: Balances on constant currency basis
1.
Source: HKMA Trade Financing Dec 2016
2.
Source: MAS Monthly Statistical Bulletin Dec 2016
3. Source: Asset Based Finance Association Sept 2016
1Q16 2Q16 3Q16 4Q16
■ NIM remained broadly stable throughout
2016
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