Operations
HSBC Argentina is one of the largest financial organizations in Argentina and comprises HSBC Bank Argentina, HSBC MAXIMA AFJP, HSBC La Buenos Aires and HSBC New York Life. Proa is a local consumer finance company set up to draw on the experience and knowledge of HSBC Finance Corporation. The group's product and service distribution network includes 116 retail bank branches nationwide, as well as financial and pension fund offices. HSBC Argentina maintains deposits of around US$3 billion, and a lending portfolio of nearly US$2 billion (both around 4% of the domestic market).
Read more about this topic: HSBC Bank Argentina
Famous quotes containing the word operations:
“Plot, rules, nor even poetry, are not half so great beauties in tragedy or comedy as a just imitation of nature, of character, of the passions and their operations in diversified situations.”
—Horace Walpole (1717–1797)
“It may seem strange that any road through such a wilderness should be passable, even in winter, when the snow is three or four feet deep, but at that season, wherever lumbering operations are actively carried on, teams are continually passing on the single track, and it becomes as smooth almost as a railway.”
—Henry David Thoreau (1817–1862)
“There is a patent office at the seat of government of the universe, whose managers are as much interested in the dispersion of seeds as anybody at Washington can be, and their operations are infinitely more extensive and regular.”
—Henry David Thoreau (1817–1862)