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Net income. US$272.1 million (2012) [1] Total assets. US$ 12.9 billion (2012) [2] Number of employees. 5,591. Website. www .gfgsa .com. Grupo Financiero Galicia is a financial services holding company based in Buenos Aires, [3] and its banking operations are the fifth largest in Argentina, as well as the largest among all domestically-owned ...
It is the seventh-largest bank in the country, it provided a full range of banking and financial products and services, including commercial, consumer and corporate banking, to over 1.2 million customers. In April 2024, HSBC reached an agreement to sell its banking operations in Argentina to Banco Galicia.
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 profits amounted to 1,958 million pesos (more than $650 ...
April 9, 2024 at 1:53 PM. [Reuters] Banking giant HSBC is selling off its business in Argentina at a $1bn (£790m) loss after years of battling with the country's unstable exchange rate. HSBC ...
Banco Santander Argentina (formerly Banco Río de la Plata and then Banco Santander Río) is a commercial bank and financial services company and affiliate of the Santander, Cantabria (Spain) based Santander Group. Based in Buenos Aires, its banking operations are the third largest in Argentina, as well as the largest among all privately owned ...
Banco Hipotecario S.A. (BCBA:BHIP) is a commercial bank and mortgage lender in Argentina. whose operation is based on loans with real guarantee. It was founded in 1886 to solve the housing problem. The bank was privatized in 1997. Faced with the prospect of bankruptcy, in 2005 the State became its majority shareholder.
Website. www.bancociudad.com.ar. The Bank of the City of Buenos Aires ( Banco Ciudad de Buenos Aires ), doing business as Banco Ciudad, is a publicly owned, municipal commercial bank in Buenos Aires, Argentina. It was founded on May 23, 1878, under the name Monte de Piedad (Piety Mount), with the purpose of fighting usury in the city (mostly ...
For instance, American depositary shares (ADRs) of major financial institutions like Banco Macro SA (BMA), Grupo Financiero Galicia S.A. (GGAL), Grupo Supervielle (SUPV) and Banco Bbva Argentina ...
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