HSBC Mexico

HSBC México S.A.
HSBC México headquarters  

HSBC México, S.A. Institución de Banca Múltiple is one of the leading financial institutions in the country. It operates as a subsidiary of Grupo Financiero HSBC, S.A. de C.V. The company offers a wide range of banking products and services including savings and current accounts, personal and auto loans, mortgages, credit and debit cards, mutual funds, investments, life and general insurance, internet banking, and more. It also provides treasury and cash management, international trade services, international payments, trust and brokerage services, corporate finance advisory services as well as private banking. HSBC Group has been operating in Mexico since opening a representative office in the 1970s. In 2000, it acquired Republic National Bank. In 2002, HSBC purchased Grupo Financiero Bital (GF Bital), Mexico's third largest retail bank, for US$1.1 billion. Grupo Financiero Bital was formed in 1992 as a result of a merger between Grupo Financiero Privado Mexicano (Prime) and Banco Internacional.

With 16,000 employees, HSBC Mexico serves 5.6 million customers through a network of more than 970 branches and 5,470 ATMs. As of March 31, 2017, Grupo Financiero HSBC had total assets of MXN 645.606 billion (US$36 billion), total deposits of MXN 296.9 billion and net loans of MXN 260 billion. Grupo Financiero HSBC, S.A. de C.V. operates as a subsidiary of HSBC Latin America Holdings (UK) Ltd, a wholly owned subsidiary of HSBC Holdings plc.

Grupo Financiero HSBC subsidiaries:
HSBC México, S.A. Institución de Banca Múltiple (Bank)
HSBC Seguros, S.A. de C.V. (Insurance company)
HSBC Casa de Bolsa, S.A. de C.V. (Brokerage firm)
Global Asset Management (México), S.A. de C.V.
HSBC Servicios, S.A. de C.V.

 HSBC Mexico Credit Ratings:

Global scale/Foreign currency Moody’s Fitch Standard & Poor’s
Long term Baa2 A BBB+
Short term P-2 F1 A-2

Headquarters address:
Ave. Paseo de la Reforma 347
Col. Cuauhtémoc
06500 Mexico DF, Mexico
Phone number: +52 55 5721 2222
Fax: +52 55 5721 2626