Company: HBCYF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001089113-25-000052
Chunk: 95

Company: HSBC HOLDINGS PLC
Filing Date: 2025-07-30
Form: 6-K
Chunk 95
---
 0.87% (31 December 2024: 0.97% ), reflecting the anticipated continuation of BoCom’s lower average ECL as a percentage of loans and advances to customers experienced i n recent years. – Risk-weighted assets as a percentage of total assets: ranges from 62.0% to 63.3% (31 December 2024: 62.0% to 62.5% ) in the short to medium term, reflecting higher risk-weights in the short term followed by an expected reversion to recent historical levels. For periods after 2028, the ratio is 62.0% (31 December 2024: 62.0% ), which is similar to BoCom’s actual results in recent years. – Loans and advances to customers growth rate: ranges from 8.0% to 9.0% (31 December 2024: 7.5% to 9.5% ) in the short to medium term, which is similar to BoCom’s actual results in recent years. Increases in the forecast growth rate of loans and advances to customers results in higher forecast ECL. – Operating income growth rate: ranges from 1.9% to 9.1% (31 December 2024: 0.1% to 9.9% ) in the short to medium term, which is similar to BoCom’s actual results in recent years. The projected net interest income over the medium term reduced to reflect forecasted pressure on net interest margin compared with the prior period, which led to a net reduction in the VIU . – Cost-income ratio: ranges from 35.0% to 39.5% (31 December 2024: 34.6% to 39.8% ) in the short to medium term. These ratios are similar to BoCom’s actual results in recent years and forecasts disclosed by external analysts . – Long-term effective tax rate: 15.0% (31 December 2024: 15.0% ) for periods after 2028, which is higher than the recent historical average, and aligned to the minimum tax rate as proposed by the OECD/Group of 20 (‘G20’) Inclusive Framework on Base Erosion and Profit Shifting. – Capital requirements: capital adequacy ratio of 12.5% (31 December 2024: 12.5% ) and tier 1 capital adequacy ratio of 9.5%