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CFO Pam Kaur: HSBC HOLDINGS Less Reliant on Mkt Funding Than Peers, Better Positioned to Capture Quality Loan Opportunities
Recommend 20 Positive 29 Negative 15 |
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HSBC HOLDINGS (00005.HK) Group CFO Pam Kaur said at the Investor Day that the Group relies less on market financing than any of its peers, giving it greater flexibility. Last year, the Group's ratio of customer demand deposits to customer loans was 124%, while HSBC APAC ratio was 122%, above most peers whose ratios were below 100%. When high-quality lending opportunities arise that meet targets and strategy and fall within risk appetite, the Group is able to act swiftly, the CFO said. AASTOCKS Financial News |
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