Established in 1933, Hang Seng Bank is Hong Kong's largest
locally incorporated listed bank in terms of market capitalisation.
We serve more than one-third of the territory's population.
We operate more than 140 branches and automated banking centres
in Hong Kong, a network of 13 mainland China outlets, a
branch in Macau and a representative office in Taipei.
The Bank has invested over RMB3.1 billion in the development of a Mainland branch network and the acquisition of a 15.98% stake in Industrial Bank.
In 2005, The Asset named us 'Best Domestic Bank in Hong
Kong' for the sixth consecutive year. We were also ranked
as the strongest bank in Asia in the Asian Banker 300.
VISION
Our major goal is to create increasing value for our shareholders.
We plan to achieve this by becoming the leading regional
bank in Greater China, focusing particularly on southern
China and the Yangtze River Delta region. Our strategy not
only involves providing tailor-made, seamless financial
solutions for our customers, but also working to enrich
the communities in which we operate.
CUSTOMER GROUPS
Our business in Hong Kong is structured into four main customer groups.
Personal Financial Services
Personal Financial Services provides banking and wealth
management services to personal customers. Banking services
include deposits, credit cards, and mortgages and other
retail lending, while wealth management covers services
such as insurance and investment.
Personal Financial Services contributed HK$7,686 million,
or 57.5 per cent, to our pre-tax profit in 2005.
Commercial Banking
Commercial Banking manages our relationships with middle-market companies
and small
and medium-sized enterprises (SMEs).
Commercial Banking contributed HK$1,078 million, or 8.1
per cent, to our pre-tax profit in 2005.
Corporate and Institutional Banking contributed HK$507
million, or 3.8 per cent, to our pre-tax profit in 2005.
Treasury contributed HK$1,072 million, or 8 per cent, to
our pre-tax profit in 2005.
| |
2005 |
2004*
(restated) |
| FINANCIAL |
|
|
| Profit attributable
to shareholders (HK$ million) |
11,342 |
11,364 |
|
|
|
| Earnings per share (HK$) |
5.93 |
5.94 |
| Dividends per share (HK$) |
5.20 |
5.20 |
| Dividends paid (HK$ million) |
9,942 |
9,942 |
|
|
|
| Return on average shareholders'
funds (%) |
27.5 |
28.5 |
| Return on average
total assets (%) |
2.0 |
2.2 |
| Cost efficiency ratio (%) |
28.0 |
26.4 |
| Average liquidity ratio
(%) |
45.1 |
47.2 |
|
|
|
| Total capital ratio (%)** |
12.8 |
12.0 |
| Tier 1 capital ratio (%)** |
10.4 |
10.8 |
| Tax expenses (HK$ million) |
1,795 |
1,711 |
|
|
|
| SOCIAL |
|
|
| Number of outlets (31 Dec
in Hong Kong and mainland China) |
168 |
170 |
| Number of employees
(FTE) |
7,845 |
7,542 |
|
|
|
| Charitable donations and
community sponsorships (HK$ million) |
16 |
22 |
| Volunteer hours |
4,683 |
2,999 |
|
|
|
| ENVIRONMENTAL |
|
|
| Greenhouse gas emission
per person (tonnes CO2/FTE) |
3.61 |
3.62 |
| Greenhouse gas emission
per m2 (tonnes CO2/m2) |
0.21 |
0.21 |
| Greenhouse gas emission
(kilotonnes CO2) |
26.4 |
26.2 |
| Electricity consumption
(GWh) |
33.3 |
32.9 |
| Gas consumption (GWh) |
0.86 |
0.86 |
| Water consumption (000
m3) |
91 |
101 |
| Paper / cardboard waste
recycled (tonnes) |
828 |
799 |
| IT / electrical waste reused
(tonnes) |
39 |
37 |
| General office
waste (tonnes) |
533 |
942 |