Mexico

Grupo Financiero HSBC, S.A. de C.V.

Ave. Paseo de la Reforma 347
Col. Cuauhtémoc
06500 Mexico DF
Mexico

Tel: +52 55 5721 2222
Fax: +52 55 5721 2626
e-mail: contacto@hsbc.com.mx
Group General Manager and Chief Executive Officer: Paul A. Thurston

The Group has been operating in Mexico since opening a representative office in the 1970s. In 2000, with the acquisition of Republic National Bank, Republic’s banking subsidiary in Mexico was integrated with the Group, and was renamed HSBC Bank Mexico, S.A.

On 25th November 2002, HSBC acquired a controlling stake in Grupo Financiero Bital, S.A. de C.V., and today holds 99.7% of the financial services group, which held 99.2% of Banco Internacional, S.A., an extensive banking franchise offering a full range of corporate banking, commercial banking and personal banking services.

The integration of Grupo Financiero Bital and its companies into the Group was concluded in January 2004 and all Mexican operations were consequently renamed under the HSBC brand. The integration included the areas of banking, insurance, financing bonds, investment funds, retirement benefits management and securities.

One of Mexico’s top four banks, HSBC offers more than 1,400 branches throughout Mexico, operates 4,500 ATMs, and serves more that 6 million customers.

Corporate and Commercial Banking Services

HSBC in Mexico can assist with a full range of corporate and commercial needs. Services include:

Financing Solutions:

Mexican Pesos and Other Currencies
Working Capital Lines of Credit
Term Loans
Project and Export Finance
Real Estate Loans
Loan Syndication
Capital Markets Origination and Placement

Financial Service Solutions:

Account Services (Checking, savings, investment and USD)
Domestic Payments and Cash Management (including nation-wide collection, supplier payment, payroll, invoice presentment and cash concentration services)
International Payments and Cash Management
Internet Banking and Payments Platform
Performance and Other Guarantee Bonds
Trust Services
Brokerage Services
Corporate Finance Advisory Services

International Trade Services

HSBC can help reduce risk and improve cash flow in international trade. Services include:

Letters of Credit (at sight, deferred, standby, transferable, back-to-back, revolving)
Documentary Collections (documents against payment; acceptance collections)
Invoice Discounting
Factoring of US Receivables
Export Finance

Treasury Services

HSBC specialises in buying and selling major world currencies, as well as Latin and Central American currencies. HSBC also provides support in the regional and international securities markets. Services include:

Money Markets
FX
Equity Markets
USD Account Services (checking, saving, brokerage)
Custody Services (Domestic and International)

Personal Banking

HSBC in Mexico offers a comprehensive range of products for personal customers, including:

Account Services (Checking, savings, time deposits, investment and USD)
Mutual Funds
Credit Cards
Debit Cards
Personal Loans
Car Loans
Mortgages
Insurance
Private Banking