Press Release

DBRS Releases Report on HSBC Bank of Canada

Banking Organizations
November 22, 2012

DBRS has today released a report on HSBC Bank of Canada (HSBC or the Bank) providing further detail on the recent confirmation of HSBC’s ratings, including the Bank’s non-guaranteed long-term deposits and senior debt at AA and the short-term instruments at R-1 (high). All ratings remain Under Review with Negative Implications.

Today’s report and the November 16, 2012, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.