HSBC Bank Uruguay
HSBC Bank Uruguay S.A. is the principal HSBC operating company in Uruguay. It is the fifth-largest bank in the country, it provided a full range of banking and financial products and services, including commercial, consumer and corporate banking.[4]
 Branch in Montevideo, Uruguay. | |
| Company type | Private |
|---|---|
| Headquarters | Luis Bonavita 1266, Montevideo, Uruguay |
Key people | Constantino Gotsis (CEO)[1][2][3] |
| Products | Financial services |
| Website | hsbc |
History
HSBC arrived in Uruguay in 2000, and has since increased its presence in the Uruguayan market. At that time, it had around 60 employees; currently, the number exceeds 260.
In 2023, the bank opened a new headquarters in Montevideo, with a design and operation that differs from the traditional banking model. According to the bank, the change was implemented in response to customer feedback and in line with internal work trends.
In 2025, HSBC Latin America announced the sale of HSBC Uruguay to the Brazilian bank BTG Pactual for US$175 million.[5][6] HSBC had five branches and US$1.8 billion in total assets and a loan portfolio of US$1.1 billion in Uruguay at the end of 2024.[5][6][7]
References
- ↑ La Asociación de Bancos Privados del Uruguay nombró al CEO de HSBC como su nuevo presidente[dead link]
- ↑ HSBC Uruguay nombra a Constantino Gotsis como su nuevo CEO
- ↑ Entrevista al CEO de HSBC Uruguay: la visión del banquero argentino sobre el país, la IA y la crisis de Caja Bancaria
- ↑ Banca privada de HSBC Uruguay se enfoca en nueva clase de clientes
- ↑ 5.0 5.1 BTG Pactual compra HSBC Uruguai por US$ 175 mi e reforça expansão internacional (in pt-BR). Bloomberg Línea Brasil (2025-07-28). Retrieved 2025-07-28.
- ↑ 6.0 6.1 El banco HSBC acuerda vender todo su negocio en Uruguay al brasileño BTG Pactual por US$ 175 millones (in es-UY). EL PAIS (2025-07-28). Retrieved 2025-07-28.
- ↑ BTG Pactual faz mais uma aquisição no exterior: o HSBC no Uruguai, por US$ 175 milhões (in pt-br). O Globo (2025-07-28). Retrieved 2025-07-28.
