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Founded on October 14, 1886, in Buenos Aires as Banco Francés del Río de la Plata (English: French Bank of the River Plate ), it is the oldest private bank in Argentina. Its Beaux-Arts headquarters, designed by Jorge Bunge, were inaugurated in 1926. Morgan Guaranty Trust acquired a 50% share in the bank in 1968, though the New York -based ...
Banco de la Nación Argentina (BNA; English: Bank of the Argentine Nation) is a large bank in Argentina, and the largest in the country's banking sector. History [ edit ] 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 ...
Corralito ( Spanish pronunciation: [koraˈlito]) is the informal name for the economic measures taken in Argentina at the end of 2001 by Minister of Economy Domingo Cavallo in order to stop a bank run which implicated a limit of cash withdrawals of 250 ARS per week (at that time US$1 = 1 ARS). Electronic transfers and credit and debit card ...
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 ...
Financial services. 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 ...
e. French Argentines ( French: Franco-Argentins; Spanish: franco-argentinos) refers to Argentine citizens of full or partial French ancestry or persons born in France who reside in Argentina. French Argentines form one of the largest ancestry groups after Italian Argentines and Spanish Argentines. Between 1857 and 1946, 261,020 French people ...
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 ...
December 12, 2023 at 4:46 PM. By Jorge Otaola and Walter Bianchi. BUENOS AIRES (Reuters) -Argentina will weaken its peso over 50% to 800 per dollar, cut energy subsidies, and cancel tenders of ...
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