Who We Are
Founded in 1933, Hang Seng Bank Limited is one of Hong Kong's largest listed companies. Our market capitalisation as at 31 December 2013 was HK$240.3bn. With nearly 10,000 employees, we serve over half the adult population of Hong Kong - more than 3 million people - through about 220 service outlets. We also maintain branches in Macau and Singapore and a representative office in Taipei.
Established in 2007 and headquartered in Shanghai, our wholly owned mainland China subsidiary Hang Seng Bank (China) Limited operates a network of 50 outlets in Beijing, Shanghai, Guangzhou, Shenzhen, Fuzhou, Nanjing, Dongguan, Hangzhou, Ningbo, Tianjin, Kunming, Xiamen, Chengdu, Foshan, Zhongshan, Huizhou, Zhuhai, Jiangmen and Shantou.
Our wholly owned subsidiary Hang Seng Securities operates an investment advisory services joint venture - Guangzheng Hang Seng Research Company Limited - in partnership with Guangzhou Securities in Guangdong province.
As at 31 December 2013, Hang Seng held a 10.9% stake in Industrial Bank, a Mainland national bank, and a 15.09% interest in Yantai Bank, one of the largest city commercial banks in Shandong.
Hang Seng is a principal member of the HSBC Group, one of the world's largest banking and financial organisations.
What We Do
The Bank's major business activities comprise retail banking and wealth management, corporate and commercial banking, treasury and private banking. The Bank also offers a comprehensive range of renminbi services.
Retail Banking and Wealth Management
Retail Banking and Wealth Management activities offer a broad range of products and services to meet the personal banking, consumer lending and wealth management needs of individual customers. Personal banking products typically include current and savings accounts, mortgages and personal loans, credit cards, insurance and wealth management.
Corporate and Commercial Banking
Corporate and Commercial Banking activities include the provision of financial services, payments and cash management, international trade finance, insurance, wealth management and tailored financial solutions to corporate and commercial customers.
Treasury activities are mainly the provision of treasury operation services in credit, interest rates, foreign exchange, money markets and securities services. Treasury also manages the funding and liquidity positions of the Group and other market risk positions arising from banking activities.