“Mexico is one of the main markets for HSBC,” says Jorge Arce.

APODACANew Lion. HSBC not only stay in Mexicobut will double his bet, he declared Jorge Arce Gama, President and CEO of Financial Group English origin.

“While other banks are leaving Mexico, we are doubling our rate in the country, we are staying, we are growing and Mexico is one of the main markets for HSBC and we want to stay here,” the manager emphasized.

He stressed that among the benefits of being in Mexicois that it is an open nation with a growing middle class that is coming out of the crisis very healthy, fully integrated into the world’s production chains.

While he acknowledged that there are things that could be done better, he also has a very strong foothold and great potential.

He cited the fact that, three years after the current government took office, they still see great opportunities in the retail banking market, and with it greater penetration, higher working class incomes, and more people joining the banking industry. system.

Another advantage of the country is the neighborhood, and in this Mexico is a big beneficiary of all geopolitical problems, especially Europe and Asia with America.

Pablo Elek, Associate General Manager Customer Service at HSBC Mexicoreported that there are 1.6 million travel credit cards in Mexico, concentrated mainly in two banks, of which 80 percent belong to the classic pyramid scheme.

Bank hand in hand with Viva Aerobús will enter this market through cards HSBC Viva and Viva pluswith the goal of accommodating 500,000 in the first 12 months, using the 20 million passengers carried by the airline.

Source: Heraldo De Mexico

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