Search results
Results From The WOW.Com Content Network
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]
Morgan Guaranty Trust acquired a 50% share in the bank in 1968, though the New York-based bank sold most of these to Alpargatas, a leading local industrial firm, a decade later. [ 2 ] Despite the nation's economic woes during the 1980s, the Banco Francés expanded from 15 branches to 62 during the decade, and entered into a joint venture with ...
This page was last edited on 18 January 2020, at 21:34 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 Central Bank of the Argentine Republic (Spanish: Banco Central de la República Argentina, BCRA) is the central bank of Argentina, being an autarchic entity.. Article 3 of the Organic Charter lists the objectives of this Institution: “The bank aims to promote, to the extent of its powers and within the framework of the policies established by the national government, monetary stability ...
Openbank is a direct bank headquartered in Madrid, Spain. [2] Since its foundation in 1995, it has been a subsidiary of Grupo Santander. According to the Spanish Banking Association, nearly 1,350,000 accounts had been registered with the bank as of 2016. Openbank currently operates in Spain, Portugal, Germany, the Netherlands and the United States.
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 merger with Nuevo Banco Suquía S.A. was completed in 2007. This further advanced Macro's presence in the interior provinces of Argentina, adding over 250 branches. [4] 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.