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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 ...
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 ...
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 ...
Total assets. US$ 12 billion (9/2012) [2] Number of employees. 10,419 (8/2012) [3] Website. bancoprovincia.com.ar. The Bank of the Province of Buenos Aires ( Spanish: Banco de la Provincia de Buenos Aires ), better known as Banco Provincia, is a publicly owned bank in Argentina and the second-largest in the country by value of assets and deposits.
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 for bonds, money ...
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.
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 ...
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]