HSBC Mexico

It is a financial group and an HSBC branch located in Mexico. It is one of the four most important institutions in the country in charge of finance and insurance activities. Today, it has more than 5,584 ATMs and 962 branches.

History

It was established in 1941 with the name of the Banco Internacional in charge of commercial banking. Years later, in 1872, the company was acquired by the government to join the Grupo Privado Mexicano. In 1992, it merged with the Grupo Financiero Prime Internacional, and then its name was changed to Grupo Financiero Bital. This company was purchased by the international institution HSBC Holdings in 2002.

Swift Code

The Swift Code (Society for Worldwide Interbank Financial Telecommunication), also known as BIC, is used during an international transfer to identify the receiving bank: BIMEMXMM.

Number of Employees

The bank has approximately 16,000 employees.

Rating

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 Mexico has a rating of:

  • Moody’s = A3.
  • S&P = BBB+.
  • Fitch = A-.

A3 (Moody’s) = It has medium-high quality, low credit risk, but with elements that suggest a susceptibility to long-term deterioration.

BBB+ (S&P Global) = It has a medium level, but it is in a good situation.

A- (Fitch) = It has great solvency capacity and low risk of default.

Headquarters

The headquarters of the entity is in Mexico City, Mexico.

Website

If you want to know more about this bank, enter through its website: http://www.hsbc.com.mx/.

Services

  • Personal banking: It offers basic banking operations and services such as opening savings and checking accounts, credit and debit cards, payroll, personal and mortgage loans, term investments, investment funds, insurance and more.
  • Business Banking: The institution provides you with working capital, payment services, investments, insurance, risk management, financing, guarantees, liquidity and more so that you manage your business profitably.

Contact

  • Address: Av. Paseo de la Reforma 347, Colonia Cuauhtémoc, Cuauhtémoc, Ciudad de México
  • Phone Number: 55 5721 3390