Report
Maria Khoury ...
  • Michael Driscoll

HSBC Bank Canada: Rating Report

On December 21, 2020, DBRS Morningstar confirmed the ratings on HSBC Canada, including its Long-Term Issuer Rating at A (high) and its Short-Term Issuer Rating at R-1 (middle). All trends remain Negative. HSBC Canada's assessment (SA) of SA1 reflects the implied strong and predictable support from its parent, the Group, if required.
Underlyings
HSBC Bank Canada Pfd.

HSBC Bank Canada is a full service, internationally owned bank in Canada. Co. offers a range of products and services to targeted segments of the financial services market through four major customer groups: Personal Financial Services; Commercial Banking; Global Banking and Markets; and Consumer Finance.

HSBC Bank Malta PLC

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Maria Khoury

Michael Driscoll

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