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| Company type | Subsidiary ofHSBC Holdings plc |
|---|---|
| Industry | Finance and Insurance |
| Headquarters | Santiago,Chile,, Chile |
Key people | Alberto A Silva,CEO |
| Products | Financial services |
| Website | www.hsbc.cl/ |
 | This articlerelies largely or entirely on asingle source. Relevant discussion may be found on thetalk page. Please helpimprove this article byintroducing citations to additional sources. Find sources: "HSBC Bank" Chile – news ·newspapers ·books ·scholar ·JSTOR(November 2025) |
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HSBC Bank (Chile) is a subsidiary ofHSBC. Presently, the bank is focusing on corporate banking[1] and global Treasury.
The HSBC Group has had a presence in Chile since 1981. By 1985 it had three branches, two inSantiago and one inValparaíso. In 1993 HSBC sold its operations toBanco O'Higgins, which was owned by theLuksic Group. In 1997 a merger between Banco O'Higgins and Banco de Santiago createdBanco Santiago, one of the largest local banks in Chile and one in which HSBC continues to have a 7% shareholding. The acquisition of the formerRepublic National Bank of New York returned HSBC to Chile through two full service branches of HSBC Bank USA, in addition to a domestic factoring business.
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| Subsidiary banks | ||
| Minority stakes and JVs |
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