It is a subsidiary of HSBC bank in Argentina. It is in the top seven of the largest and most important banks in the country. It is responsible for offering financial and banking products to a large number of daily customers.
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Its story begins when one of the UK banks of that time (Midland Bank) acquired a part of the Banco Roberts that was a South American bank. In 1992, HSBC Group bought Midland, and years later, it purchased the remaining portion of Banco Roberts and then called it HSBC Argentina Holdings SA. The bank grew thanks to the purchase of BNL (Banca Nazionale del Lavoro), which had a large number of branches.
In 2009, it moved to the headquarters that formerly belonged to the Banco Popular Argentino and also the Banco Roberts.
The Swift Code (Society for Worldwide Interbank Financial Telecommunication), also known as BIC, is used during an international transfer to identify the receiving bank: BACOARBA.
Number of Employees
The bank has approximately 8,200 employees.
The rating is the evaluation of a bank and the risks it can take in case of not paying a debt. Moody’s, S&P, and Fitch are the agencies in charge of it.
HSBC Bank Argentina has a rating of:
- Moody’s = Ba3.
- Fitch = AAA.
Ba3 (Moody’s) = It has moderate credit risk.
AAA (Fitch) = The entity has maximum security.
The headquarters of the entity is in the city of Buenos Aires, Argentina.
If you want to know more about this bank, enter through its website: http://www.hsbc.com.ar/.
The institution offers you banking products such as opening accounts, credit and debit cards, inquiries about banking operations, loans, savings and investments, mutual funds, wealth management, insurance (car, home, personal items, etc.), and many more.
- Address: Florida 201, Buenos Aires, C1005AAE
- Phone Number: +54-11-4320-2800, 0810-333-4722