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The Bank of the Argentine Nation was founded on 18 October 1891 by President Carlos Pellegrini, with the purpose of stabilizing the nation's finances following the Panic of 1890; its first director was Vicente Lorenzo Casares. In its early decades it became a leading financing source for agricultural smallholders, and later for commercial and ...
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]
Banelco. Banelco (an acronym for Banca Electrónica Compartida) is an ATM network in Argentina. Established in 1985, it offers several services related to cash flow management, including debit cards, electronic transfers and service payments. Banelco is owned by private banks and operates 6.000 ATMs (one third of the total in the country). [1]
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 ...
Fedler S.A. Braun Family. Julian Aristiqui. 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 in the country. [4]
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 ...
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.
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 ...