Facts about HSBC That You May Not Know

HSBC’s central building in Hong Kong

HSBC is one of the biggest banks in the world by total assets and it is the largest one in Europe. That is why you probably know that its name stands for The Hongkong and Shanghai Banking Corporation Limited and that the bank was originally established in Hong Kong. But there are many fascinating facts about HSBC which remain unknown. For example, here are few remarkable numbers about the bank:

  • 3,900 – HSBC offices around the world
  • 67 – territories and countries in which the company operates
  • 233,000 – professionals from all over the world who work for HSBC
  • $10.2 billion –profit before tax that the company made during the first half of 2017

Impressed? Wait because there is more!

HSBC can issue money

HSBC’s central building in Hong KongHSBC is among the three commercial banks that have the right to issue Hong Kong dollar banknotes. Nearly 70% of all notes which are currently in circulation in the territory were printed by the Hongkong and Shanghai Banking Corporation. HSBC also issued Thailand’s very first banknotes. That happened back in 1889.

HSBC’s central building in Hong Kong is feng shui-friendly

Feng shui is a big thing in Hong Kong, which is why the main building of HSBC Hong Kong has two rods on its roof. Their purpose is to protect against bad energy and to attract good energy.

There are more HSBC customers than Canadians

The bank is estimated to serve about 38 million customers in the world. That is more than the population of Canada or even from the combined population of countries like Australia and Belgium.

HSBC almost disappeared during WWII

The Second World War was pretty close to destroying HSBC. Nearly all of the company’s employees were prisoners of war when WWII reached the Asian continent. Luckily, London Advisory Committee took control over the company. Once the war was finally over, HSBC’s head office was relocated back to Hong Kong. The bank even helped the autonomous territory to get its economy back on its feet.