HSBC Sees Argentine Credit Boom as It Eyes 10-Year Loans

Updated on
  • Outstanding loans to triple over four years, Martino says
  • HSBC plans to stay in Argentina, growt through loans

Argentina’s financial system will triple outstanding loans over the next four years as President Mauricio Macri dismantles 12 years of protectionist policies, according to Gabriel Martino, chief executive officer of HSBC’s local unit.

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