HSBC, a big bank, is raising money to lend more! They're selling special bonds to get $1.5 billion. This is their third time raising money this year. They want to give more loans, especially in Asia.
- HSBC is selling bonds to get money for loans.
- They raised $1.5 billion this time, adding to previous fundraising.
- They plan to use the money to lend more in places like Hong Kong.
| Fact | Number |
|---|---|
| Money raised this time | $1.5 billion |
| Total raised in 2024 | $4.12 billion |
| Interest rate on bonds | 6.95% |
