Investor Presentaiton
Net interest margin supporting information
Strategy
4022 results
Appendix
1 year NII sensitivity
At 31 December 2022, assumes a static balance sheet (no assumed migration from current account to
time deposits), no management actions from Global Treasury and a simplified 50% pass-through
Quarterly NIM by key legal entity
4Q21 1022 2022 3Q22 4Q22
% of 4022 % of 4022
Group NII Group AIEA
Currency
USD
HKD
GBP
EUR
$m
$m
$m
$m
Other
$m
Total
$m
The Hongkong and
Shanghai Banking
Corporation (HBAP)
1.35% 1.39% 1.46% 1.79% 2.05%
52%
44%
+25bps
(66)
107
245
167
431
884
HSBC Bank plc
0.52% 0.55% 0.57% 0.41% 0.52%
6%
21%
-25bps
64
(115)
(289)
(194)
(439)
(973)
+100bps
(267)
-100bps
236
413
(476)
1,026
(1,177)
674 1,689
(765) (1,787)
3,535
HSBC UK Bank plc
(UK RFB)
1.48% 1.63% 1.77% 1.99% 2.19%
22%
17%
(3,969)
HSBC North America
Holdings, Inc
0.87% 0.90% 1.05% 1.16% 1.16%
5%
8%
5 year NII sensitivity
At 31 December 2022, assumes a static balance sheet (no assumed migration from current account to
time deposits), no management actions from Global Treasury and a simplified 50% pass-through
Key rates (quarter averages), bps
Currency
1M HIBOR
USD
$m
HKD
$m
GBP
+25bps
192
668
-25bps
(282)
+100bps
673
-100bps
(1,522)
$m
2,315
(688) (2,336)
2,401 9,254
(3,004) (9,454)
$m
EUR Other
$m
Total
Fed effective rate
924 2,500
$m
6,599
(1,044) (2,498) (6,848)
3,764 9,765 25,857
(4,173) (10,317) (28,470)
BoE Bank rate
442
368 366
368
283
292
219
1641
162
77
95
45
11 8 13
20 12
31
4Q21
1022
2022
3022
4Q22
1Q23 QTD*
Source: Bloomberg
* At 20 Feb 2023
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