Company: HBCYF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001089113-25-000052
Chunk: 45

Company: HSBC HOLDINGS PLC
Filing Date: 2025-07-30
Form: 6-K
Chunk 45
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 currency basis. Assets Cash and balances at central banks decreased by $21bn or 8% , which included a $25m favourable impact of foreign currency translation differences. The decrease was mainly in HSBC Bank plc, reflecting a decline in Markets Treasury. Cash also declined in HSBC UK, driven by increased customer lending and redeployment into other asset classes. This was partly offset by an increase in our legal entity in the US. Trading assets rose by $19bn or 6% , mainly due to a favourable impact of foreign currency translation differences of $15bn . Derivative assets decreased by $19bn or 7% , which included a favourable impact of foreign currency translation differences of $22bn . The reduction reflected adverse mark to market movements on foreign exchange contracts, in part driven by foreign exchange rate volatility, despite an increase in volumes, mainly in HSBC Bank plc and our legal entities in Asia . The decrease in derivative assets was consistent with the decrease in derivative liabilities, as the underlying risk is broadly matched. Loans and advances to customers of $982bn were $51bn higher on a reported basis. This included favourable effects of foreign currency translation differences of $44bn . On a constant currency basis , customer lending balances increased by $7bn . The following movements are on a constant currency basis. In our UK business, customer lending rose by $8bn , primarily driven by continued growth in mortgage balances as well as increased commercial lending. In CIB, customer lending increased by $6bn . This was driven by term lending growth in our main legal entities in Asia, including India, Australia, Japan, Hong Kong and Indonesia, and from increases in the US and the Middle East. In IWPB, customer lending increased by $4bn , primarily driven by wealth lending growth in the Private Bank, notably in our main legal entity in Hong Kong. In our Hong Kong business, customer lending decreased by $3bn , due to a decrease in wholesale lending, reflecting low demand in the current interest rate environment. It was also lower due to a reduction in credit card balances.

| HSBC Holdings plc Interim Report 2025 on Form 6-K |
| 25                                                |

| Overview |     | Interim management report |     | Interim condensed consolidatedfinancial statements |     | Additional information |
|          |     | Financial summary         |     |                                                    |     |                        |

In Corporate Centre, customer lending decreased by $8bn from the reclassification of home and other loans retained in France following the disposal of our