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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 ...
US$272.1 million (2012) [1] Total assets. US$ 12.9 billion (2012) [2] Number of employees. 5,591. Website. gfgsa .com. Grupo Financiero Galicia S.A. 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 private banks ...
HSBC Bank Argentina S.A. is the principal HSBC operating company in Argentina. 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 ...
Cooperative banks. Cooperative banks are owned by their customers and follow the cooperative principle of one person, one vote. Co-operative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets ...
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.
Carlos Heller. Carlos Heller (born 17 October 1940) is an Argentine executive, cooperative banking leader and politician, currently serving as member of the Argentine Chamber of Deputies, representing the Autonomous City of Buenos Aires, since 2019. [2] [3] He is the founder and president of the Solidary Party. [4]
Location of Argentina. Argentina is a federal republic in the southern half of South America. Sharing the bulk of the Southern Cone with its neighbor Chile to the west, the country is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south.
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