HSBC in Canada

HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country.

Thinking differently

For 40 years, Canadian and international customers have counted on our ability to bring our global experience and perspective to evolving trends and issues in Canada – helping to build the economy for the future. No other Canadian bank has our global scale and no international bank has our local presence in Canada. We are part of an extensive network covering Europe, Asia, North and Latin America, and the Middle East and North Africa.

No one is better placed to serve Canadian companies doing business here at home or internationally as well as individuals with an international outlook. In our four business segments – Commercial Banking, Global Banking, Markets and Securities Services, and Wealth and Personal Banking – we have expertise in trade and receivables finance, RMB, emerging markets funds, and sustainable finance, and put managing financial crime risk at the centre of everything we do.

How we do business is as important as what we do so we balance social, environmental and economic considerations in the decisions we make.

Contact details

HSBC Bank Canada
885 West Georgia Street
Vancouver, British Columbia
Canada V6C 3E9
Website: www.hsbc.ca

Investor contact

Enquiries may be directed to Investor Relations by writing to:

HSBC Bank Canada
Investor Relations
Finance Department
885 West Georgia Street
Vancouver, British Columbia
Canada V6C 3G1

Investor Relations
E-mail: investor_relations@hsbc.ca

Our transition to Royal Bank of Canada

The sale of HSBC Bank Canada and its subsidiaries to Royal Bank of Canada was approved by the Minister of Finance on 21 December 2023 and is expected to close, subject to customary closing conditions, on 28 March 2024. Conversion activities will begin once the transaction closes. HSBC Bank Canada’s branches and offices will open for business on Monday, 1 April 2024 as RBC locations.

Environment and Community

We are committed to building a business for the long term, developing relationships that last.

Sustainability

Since its foundation in 1865, HSBC has helped serve the needs of a changing world. We recognise our wider commitments to the communities in which we operate and understand that economic growth must also be sustainable.

Management team

Being open also means being committed to diversity and inclusion – helping employees to realise their ambitions and strengthening our competitiveness. Learn more about our globally experienced and gender-balanced Executive Committee and Board of Directors.

Purpose, values and strategy

Our ambition is to be the preferred international financial partner for our clients.


For investors

Our recent annual reports, quarterly financial statements, news releases, investor prospectuses and capital risk management disclosures are accessible on the Investor Relations section of HSBC.com. French-only documents are also available through SEDAR.

HSBC is not obligated to, and does not intend to, update any forward-looking statements as conditions change, unless the law requires us to provide updates. While the information we post on this website is accurate when we post it, it may become inaccurate over time or be replaced or revised from time-to-time.

Designation of eligible dividends

For the purposes of the Income Tax Act, Canada, and any similar provincial legislation, HSBC Bank Canada advises that all of its dividends paid to Canadian residents in 2006 and subsequent years are eligible dividends unless indicated otherwise.

Legislative Covered Bond Programme

Information about HSBC Bank Canada‘s Legislative Covered Bond Programme including monthly investor reports, programme documents and prospectuses can be found on Legislative Covered Bond Programme page.

Questions? Email us at investor_relations@hsbc.ca

Awards

Don’t take our word for it. We are pleased to have been recognised for our products, our services, our people and our commitment to diversity and inclusion.

  • Legal Department of the Year – Banking and Financial Services – Canadian Law Awards (2023)
  • Best Next-Generation Offering – The Digital Banker (2023)
  • Outstanding Client Experience in Wealth Management – The Digital Banker (2023)
  • Canada's Best Employers For Diversity Ranking – Forbes (2023)
  • Trade Finance Market Leader and Best Service Awards in Canada by Euromoney (2019 - 2023)
  • Gold rating, Corporate Knights Social Purpose ranking (2022)
  • Best 50 Corporate Citizens in Canada – Corporate Knights (2012 - 2022)
  • Best International Onboarding Experience – Canada – Cosmopolitan Daily Business Awards (2022)
  • Best Small Business Bank – Canada – Cosmopolitan Daily Business Awards (2022)
  • Best Mastercard Travel Credit Card and Best No Foreign Transaction Fee Credit Card for HSBC World Elite and Best Low-Interest Credit Card for +Rewards – Milesopedia (2022)
  • Jade Canada Outstanding Client Experience in Wealth Management from Global Private Banker/The Digital Banker (2021)
  • Best Technology Implementation by a Retail Bank and Best Retail Bank for a Frictionless Banking Experience – The Digital Banker – Global Retail Banking Innovation Awards (2021)
  • HSBC Wealth Compass Best Robo Advisory Experience – Digital Banker Digital CX Awards (2021)
  • Best Low Interest Credit Card with Rewards – creditcardGenius (2021)
  • Diversity and Inclusion – Governance Professionals of Canada (2021)
  • Bronze Award for Customer Experience for Pay Tribute – Canadian Marketing Awards (2021)
  • Best Mastercard in Canada and Best No Foreign Exchange Fee Credit Card – Prince of Travel (2021)
  • Best Global Trade Bank, Best Digital Offering and Best Market Insight (+ Best Trade bank in 28 markets) – Euromoney (2023)
  • COVID-19 ECM Bank of the Year – Global Capital (2021)
  • Climate Initiative Award – Central Banking (2021)
  • Best global healthy workplace multinational employer – Global Healthy Workplace Awards (2021)
  • Best overall bank for global, onshore and offshore renminbi products and services – Asianmoney Global RMB Poll (2021)
  • Business to business (’B2B’) Payments Innovation of the Year – Payments Awards (2021)

Connect with us

Bank with us: Our international perspective allows us to challenge conventional ways of thinking. That means more innovative products, solutions, rates and offers for you. Learn more.

Contact us: What you have to say about our services matters to us. It’s easy to share your ideas, stay informed and join the conversation – we are listening. Find the best way to connect with us.

Our history

The Hongkong and Shanghai Banking Corporation Limited — the founding member of the modern HSBC Group – opened in Hong Kong in March 1865, and then in Shanghai one month later.

Here in Canada we’ve been connecting customers to opportunity since 1981 – and by 1985, had 12 branches. In 1986, HSBC purchased the Bank of British Columbia and their 41 branches, significantly expanding our branch network.

This was the first of many acquisitions including Midland Bank Canada (1988), Lloyds Bank Canada (1989), Metropolitan Trust Company of Canada (1995), M.K. Wong & Associates Ltd. (1996), Barclays Bank of Canada (1996), National Westminster Bank of Canada (1998), Prenor Trust Company of Canada (1999), Republic National Bank of New York (Canada) (2000), CCF Canada (2001), Intesa Bank Canada (2004) and Household Financial Corporation Limited (2008).

Today, HSBC Bank Canada is the seventh largest bank overall and a leading international bank in Canada.

On 29 November 2022, HSBC Holdings plc announced its wholly owned subsidiary, HSBC Overseas Holdings (UK) Limited, had entered into an agreement to sell its business in Canada to Royal Bank of Canada ('RBC'). Subject to regulatory approvals, the deal is expected to close in late 2023.

Learn more about HSBC’s history.

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