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Visa requirements for holders of normal passports not travelling as journalists: Argentina is a full member of Mercosur.As such, its citizens enjoy unlimited access to any of the other full members (Brazil, Paraguay, Uruguay) and associated members (Bolivia, Chile, Peru, Colombia, Ecuador) with the right to residence and work, with no requirement other than nationality.
Visitors to Argentina must obtain a visa from one of the Argentine diplomatic missions unless they are citizens of one of the visa-exempt countries. [1]Visitors must hold a passport (or identity card if Mercosur or associated) [2] valid for the period of intended stay, [3] while Argentine citizens can enter with a valid or expired passport or identity card.
Brubank was founded in 2017. Juan Bruchou, CEO of Citibank Argentina, had proposed an entirely digital bank, without branch offices. Brubank obtained license by the Central Bank of Argentina to operate in September 2018. After a first "friends and family" trial, Brubank launched its app on Apple and Android stores. [5]
The bank, maintains deposits of around US$7.7 billion (nearly 7% of the total), and a lending portfolio of US$6.4 billion (8% of the total); the 3.5 million Santander Argentina credit cards (a 13% market share) make it a close second as the largest issuer of these in Argentina, next to Galicia Financial Group. [2]
Macro is the only Argentine bank to have enjoyed 28 consecutive quarters of net profit as of early 2009; in 2008, it earned a net, pre-tax income of US$288 million. The bank's credit outstanding totalled over US$3 billion in March 2009 and its deposits, over US$4.8 billion (making it the fifth-largest in Argentina). [5] [6]
Banking penetration remains low and banking costs high. The Argentine banking sector is currently dominated by state-owned banks, with the largest being the Banco de la Nación Argentina. In 2005, for the first time since the 2001 collapse, the banking system made a profit, according to a Central Bank report released in February 2006. The total ...
The Development Bank of Latin America and the Caribbean (CAF) has approved a $960 million loan for Argentina aimed at helping the government meet debt obligations with the International Monetary ...
Though a sell-off of public shares was averted, given the controversy, the 1998–2002 Argentine great depression led to the loss of nearly half of the bank's deposits between 2001 and 2002, and to its near-insolvency, when its dollar-denominated debt of US$1.8 billion required borrowing on flexible terms from the Central Bank of Argentina ...