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Financial services. HSBC Bank Argentina S.A. is the principal HSBC operating company in Argentina. It is the seventh-largest bank in the country, it provided a full range of banking and financial products and services, including commercial, consumer and corporate banking, to over 1.2 million customers. In April 2024, HSBC reached an agreement ...
See more. April 9, 2024 at 4:53 PM. [Reuters] Banking giant HSBC is selling off its business in Argentina at a $1bn (£790m) loss after years of battling with the country's unstable exchange rate ...
Anglo-South American Bank. Coordinates: 34°36′24.3″S 58°22′20.5″W. The Palacio de la Reconquista, at one time the Buenos Aires branch of the Anglo-South American Bank. The Anglo-South American Bank was a British and Argentine bank established with the acquisition of the Anglo-Argentine Bank in 1900 by the Bank of Tarapacá and London.
The Argentine banking sector is currently dominated by state-owned banks, with the largest being the Banco de la Nación Argentina. In 2005, for the first time since the 2001 collapse, the banking system made a profit, according to a Central Bank report released in February 2006. The total profits amounted to 1,958 million pesos (more than $650 ...
HSBC has agreed to sell its business in Argentina to Grupo Financiero Galicia — the largest private financial group in the country — for $550 million, the UK-based bank said Tuesday.
Banco Macro is the second largest domestically-owned private bank in Argentina, and the sixth-largest by deposits and lending. It began operating in 1988 as a bank and has a wide network of branches and ATMs throughout the country, which allows it to provide banking services to a broad customer base. Grupo Macro has 7,925 employees, 1,772 ATMs ...
hsbc .com. HSBC Holdings plc ( Chinese: 滙豐; acronym from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
It was re-privatized and listed on the Milan Stock Exchange in 1998, before being acquired by French banking group BNP Paribas in 2006. Banca Nazionale del Lavoro began Argentine operations in 1960, ultimately opening 91 branches, before selling its operation there to HSBC Bank Argentina in 2006. [citation needed]