HSBC Bank Canada

HSBC Bank Canada, headquarters address, Vancouver, British Columbia
HSBC Canada HQ, Vancouver

HSBC Bank Canada, founded in 1981, is the largest foreign bank in Canada with strong credit ratings. It employs approximately 5,800 people and operates through a network of over 130 branches and offices in all provinces of the country. The company offers a wide spectrum of retail and corporate banking services including chequing accounts, high rate and tax-free savings accounts, foreign currency savings accounts, personal loans, low rate credit cards, lines of credit, fixed-rate and variable-rate mortgages, overdraft protection, term deposits, guaranteed investment certificates (GIC), mutual funds, wealth management, self-directed online investing, retirement products, education planning, private wealth planning, travel insurance, mobile and online banking, foreign exchange as well as wire transfers to a non-HSBC account within Canada and an account internationally with daily limit of C$50,000. For wire transfers between C$50K and up to C$150K, you will need additional authorization. For the quarter ended March 31, 2020, HSBC Bank Canada reported total operating income of C$546 million, profit before tax of C$79 million, total assets of C$125.5 billion, customer deposits of C$65.5 billion, loans and advances of C$64.7 billion, shareholder’s equity of C$6.6 billion, tier 1 ratio of 14.5% and total capital ratio of 16.9%. The company operates as a subsidiary of British HSBC Holdings plc.

HSBC Canada's subsidiaries:
HSBC Global Asset Management (Canada)
HSBC Investment Funds (Canada) Inc
HSBC Private Wealth Services (Canada) Inc
HSBC Securities (Canada) Inc
HSBC Insurance Agency (Canada)
HSBC Capital (Canada) Inc
HSBC Trust Company (Canada)

HSBC Canada Credit Ratings:
Long term senior ratings
DBRS: A (high)
Fitch: AA-
Moody’s: A3
Standard & Poor's: AA-

Some Awards:
#1 Trade Finance Bank in Canada and Best Bank for Service Quality (Euromoney)
Best in Service Cash Manager for Financial Institutions
Best Domestic Cash Manager for Corporate
Best RMB Bank in Canada
Best 50 Corporate Citizens in Canada
Canada's Best Diversity Employers (Canada’s Top Employers 2019)
BC’s Top Employers (Canada’s Top Employers 2019)
Direct Brokerage Service Award

Head office address:
885 West Georgia Street
Vancouver, British Columbia
V6C 3E9 Canada
Telephone: +1 604 685 1000
Swift code: HKBCCATT
President and CEO: Sandra Stuart
Chairman: Samuel Minzberg

Toronto office:
70 York Street
Toronto, Ontario
M5J 1S9, Canada

Calgary office:
407- 8th Avenue, SW
Calgary, Alberta
T2P1E5, Canada

Edmonton office:
101st Street
Edmonton, AB
T5J3P4, Canada

Montreal office:
2001 McGill College Avenue
Montreal, Quebec
H3A1G1, Canada

Ottawa office:
131 Queen Street
Ottawa, ON
K1P0A1, Canada

Updated as of June 30, 2020.