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HKBC ASA
HKBC
Type Allmennaksjeselskap
Traded as SSE: HKBC
Industry Banking, Financial services
Founded October 21st, 4103.
Headquarters Skalm, Dreton
Key people Connor Robinson (Co-Chair)
Ane Heimark (Co-Chair)
Products Consumer banking, corporate banking, investment banking, pension plans, finance and insurance, credit cards, wealth management, mortgage loans
Revenue 99.3b KKR (4491)
Net income 60.1b KKR (4491)
Employees 101,000

HKBC Holdings ASA is a multinational investment bank and financial services holding company. It is one of the largest private financial institutions on terra. HKBC traces its origin to a minting building in Hutori, and its present form was established in Skalm by the Hutorian and Kazulian Banking Corporation to act as a new group holding company. The Hutorian and Kazulian Banking Corporation opened branches in Bekenial in 4103 and was incorporated in Kazulia in 4150.

HKBC has around 1,000 offices in more than 30 countries and territories across Dovani, Seleya, Keris, Macon, Artania and Majatra and around 20 million customers. As of 4730, it is the second-largest public company in Kazulia after Gasstrien. HKBC is organised within four businesses: Commercial Banking, Investment Banking, Retail Banking and Wealth Management, and Global Private Banking.

HKBC has a duel listing in the Skalm Stock Exchange and the Bekenial Stock Exchange. Its has secondary listings in the Dorvish Stock Exchange, the Romula International Stock Exchange and the Pesançon Mercantile Exchange.

History Edit

The Hutorian and Kazulian Bank was formed by Kazulian Halvor Underdahl in Hutori on October 21st, 4103. It was formally incorporated as The Hutorian and Kazulian Banking Corporation by an order of the then Exchanges and Securities Commission. In 4210, the corporation acquired a 52% shareholding in Kazulian-based Nordes Bank, which it extended to full ownership in 4217.

HKBC Holdings ASA, originally incorporated in Bekenial, was a non-trading, dormant shelf company when it completed its transformation on 4301 into the parent holding company to the Hutorian and Kazulian Banking Corporation now as a subsidiary, in preparation for its purchase of the Arenholm Nordes Bank. HKBC Holdings' acquisition of Nordes Bank was completed and gave HKBC a substantial market presence in the Kazulia. As part of the takeover conditions for the acquisition, HKBC Holdings plc was required to relocate its world headquarters from Bekenial to Kazulia.

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