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HSBC Bank Argentina
This article is about the bank in Argentina. For the global HSBC Group, see HSBC. For other individual entities of the group, see HSBC.
HSBC Bank Argentina S.A. was the principal HSBC operating company in Argentina, the seventh largest bank in the country. It provides a wide range of financial services and performs the functions of a commercial and retail bank.
In April , HSBC reached an agreement to sell its banking operations in Argentina to Banco Galicia.[1]
As a result of the acquisition by Galicia Financial Group, on December 6, , at p.m., HSBC Argentina disconnected from the global HSBC Group network and progressively switched to the Galicia Más brand, officially ceasing to exist in Argentina after 32 years of uninterrupted operations in the country.
History
[change | change source]Midland Bank purchased a stake in Banco Roberts, a subsidiary established in by the historic Anglo-South American Bank, in HSBC Group acquired Midland i