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Banco Credicoop was established in 1979 through the merger of 44 Argentine credit unions. This was motivated largely by the adverse effect Economy Minister José Alfredo Martínez de Hoz 's Financial Entities Law of 1977 had on this sector. The policy encouraged commercial banks in Argentina to offer high-yield, exotic investments by extending the Central Bank 's guarantee to losses accrued ...
Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses.
Banco Hipotecario S.A. ( BCBA: BHIP) is a commercial bank and mortgage lender in Argentina. [4] 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.
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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.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers access their bank accounts.
FinTS ( Financial Transaction Services ), formerly known as HBCI ( Home Banking Computer Interface ), is a bank-independent protocol for online banking, developed and used by German banks. HBCI was originally designed by Germany's three banking "pillar" networks, namely the Sparkassen-Finanzgruppe, German Cooperative Financial Group, and ...
Banco Credicoop. Categories: Credit unions by country. Organisations based in Argentina by subject. Banking in Argentina. Financial services companies of Argentina.
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