v3.25.2
Interests in associates and joint ventures (Tables)
6 Months Ended
Jun. 30, 2025
Interests In Other Entities [Abstract]  
Disclosure of interests in associates At 30 June 2025, the carrying amount of HSBC’s interests in associates and joint ventures was $28,202m (31 December 2024: $28,909m).
Principal associates of HSBC
At 30 Jun 2025
At 31 Dec 2024
Carrying amount
Fair value1
Carrying amount
Fair value1
$m
$m
$m
$m
Bank of Communications Co., Limited
21,348
13,145
22,367
11,631
Saudi Awwal Bank
5,245
5,724
5,027
5,705
1Principal associates are listed on recognised stock exchanges. The fair values are based on the quoted market prices of the shares held (Level 1 in the fair value
hierarchy).
Share of profit in associates and joint ventures
Half year to
30 Jun 2025
30 Jun 2024
$m
$m
Bank of Communications Co., Limited
1,260
1,257
Saudi Awwal Bank
345
317
Other associates and joint ventures
46
52
Share of profit in associates and joint ventures
1,651
1,626
Less: Impairment of interest in BoCom
(1,000)