What countries do HSBC operate in?

What countries do HSBC operate in?

The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. HSBC has around 3,900 offices in 65 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, and around 38 million customers.

What banks operate in Ghana?

Overview of Banks in Ghana

  • The Top Banks in Ghana are:
  • GCB Bank Limited.
  • Ecobank Ghana (EBG)
  • Zenith Bank of Ghana.
  • Absa Bank Ghana Limited.
  • Agricultural Development Bank.
  • Société Générale Ghana Ltd.
  • Fidelity Bank of Ghana.

What American banks are in Ghana?

Top-rated international banks in Ghana

  • Standard Chartered Bank. It has operated for close to 121 years in Ghana, and the Stock Exchange never fails to list its financial services.
  • Stanbic Bank Ghana.
  • Barclays Bank Ghana.
  • Zenith Bank.
  • JP Morgan Chase Bank.
  • CITI Bank.
  • GCB Bank Limited.
  • Agricultural Development Bank Ghana.

How many banks are there in Ghana?

How Many Banks Are in Ghana 2020? Ghana’s banking and finance industry consists of 28 private banks. The Bank of Ghana serves as the country’s central monetary authority. There are 23 commercial banks in Ghana, 4 Banks with representative offices only, and 1 other banks in Ghana as at March 2020.

Is HSBC a safe bank?

Like any major U.S. bank, HSBC Bank is a member of the FDIC, which means your accounts will be protected by deposit insurance. However, HSBC is somewhat limited in the U.S. and isn’t the strongest option for domestic banking if you don’t live within its service footprint.

Who is HSBC bank owned by?

the Hongkong and Shanghai Banking Corporation Limited
It is owned by the Hongkong and Shanghai Banking Corporation Limited, the founding member of the HSBC Group, which was established in Hong Kong and Shanghai in 1865.

Which bank is the richest bank in Ghana?

Ghana Commercial Bank Limited (GHS 2.463 billion) This makes GCB the richest bank in Ghana in terms of its assets. It is a bank that has over 205 ATMs with a total of a hundred and sixty (160) branches nationwide.

Which bank in Ghana gives the highest interest?

For agriculture, NIB and Republic Bank offered the highest interest rate of 34.8% and 33.5 – 34.2% respectively, while NIB, again, and CAL Bank offered the expensive loans at rates of 29.5 – 34.3% and 29%, respectively in the agriculture and manufacturing sectors.

Which bank in Ghana is the best?

Best banks in Ghana

  1. Access Bank (Ghana) Access Bank Ghana belongs to the more extensive Access Bank Group based in Lagos, Nigeria.
  2. ADB (Agricultural Development Bank)
  3. CAL Bank.
  4. Ecobank Ghana.
  5. Fidelity Bank.
  6. GCB (Ghana Commercial Bank)
  7. FAB (First Atlantic Bank)
  8. Universal Merchant Bank.

Is HSBC closing down?

HSBC Is Closing — What Will Happen to Your Checking and Savings Accounts? British bank HSBC Holdings PLC announced Wednesday that it will sell most of its retail locations across the U.S., reducing 148 branches down to 58 and winding down an additional 35 to 40 branches.

What is the best investment bank in Ghana?

Best Banks in Ghana 2020

  • Societe General Ghana. Societe General is one of the biggest banks in Ghana with assets.
  • Bank of Africa Ghana. Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in Ghana.
  • ABSA Ghana.
  • GCB.
  • Standard Charted Bank Ghana.
  • Stanbic bank Ghana.
  • Fidelity Bank.
  • Zenith Bank.

Which bank is good in Ghana?

Global Finance has named GCB Bank Limited as the Safest Bank in Ghana. Of the 33 banks in Ghana only GCB is mentioned in the release which also identified safest commercial and emerging markets among others.

Can you lose money in fixed deposit?

However, if we go by the experts’ advice, an investor investing in Bank FD may lose money in case the bank becomes a defaulter. If an investor is slated to get an amount in excess of Rs 5 lakh as maturity amount, then such investors won’t get more than Rs 5 lakh, in case of bank default.

What is the highest paying job in Ghana?

Top 12 Highest Paying Jobs In Ghana 2021

  • Shipping Supervisor.
  • Account Manager.
  • Project Manager.
  • Teaching Professors.
  • Operations Manager.
  • Medical Doctors.
  • Engineers.
  • Business Analyst.

Is HSBC safe to bank with?

Your eligible deposits with HSBC UK Bank plc are protected up to the FSCS compensation limit by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Most deposits are covered by the scheme. This limit is applied to the total of any deposits you have with HSBC and first direct.

Why is HSBC closing?

NEW YORK — British banking giant HSBC says it is closing its U.S. retail banking business in order to refocus its efforts on wealth management. “They are good businesses, but we lacked the scale to compete,” said HSBC’s CEO Noel Quinn said in a statement. …

Which banks are HSBC closing?

The full list of HSBC branches set to close

  • April. Edinburgh, Princes Street.
  • May. Brighton, Ditchling Road. Hull, Merit House. Wednesbury.
  • June. Plymouth, Forder House. Belper, King Street. Colchester.
  • July. London, Kingsbury Road. Cleckheaton, Bradford Road. Bexleyheath, Broadway.
  • August. Stockport, Bramhall. London, Russell Square.