HSBC Continental Europe, Greece, commonly referred to as HSBC Greece, was a subsidiary of HSBC Continental Europe, headquartered in Athens, Greece. The bank provided personal banking and corporate banking services. In 2022, Pancreta Bank acquired HSBC Greece.
History
HSBC established its presence in Greece in 1981.
In 2001, HSBC Greece agreed to buy Barclays Bank's 13 branches in Greece as well as Barclays AEDAK, its Greek fund management company, to develop its wealth management business. Barclays Bank P.L.C. Greece had net assets of about $1.17 million US dollars at the end of December 1999 and Barclays AEDAK reported funds under management of $153.1 million US dollars.[1]
In December 2021, HSBC Greece managed assets totaling approximately €2 billion Euros and employed around 320 individuals. The bank's operations encompassed 15 branches, serving over 90,000 retail customers and about 500 corporate clients.[2]