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Banco Bma S.A.U (Argentina)

Main Activities: Commercial Banking
Full name: Banco Bma S.A.U Profile Updated: September 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco Itau Argentina S.A. (ex Banco Itaú Buen Ayre) is a firm which belongs to the Brazilean Banco Itau the second largest private bank in Latin America. In 1979 Banco Itau S.A. was authorized by the BCRA to operate in Argentina with an initial capital of U$S 14.000.000. From 1979 up to 1994 Banco Itaus activities in Argentina were focused on financing foreign trade operations of multinational corporations. In 1994, Itau decided to enlarge its activities in Argentina to include retail banking establishing 33 branches all along Capital Federal and the Metropolitan area of Buenos Aires with its first opening on October 1995. In May, 1998 Banco Itau acquired 100% of Banco del Buen Ayre totalizing an investment of U$S 373.5 million in Argentina. Nowadays, Banco Itau has 78 branches and one of the largest automatic cashier networks in the Metropolitan area. 

Headquarters
Victoria Ocampo 360, Floor 8
Buenos Aires (City); Federal Capital; Postal Code: C1107BGA

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Website: http://www.itau.com.ar

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1979
Key Executives
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Chief Financial Officer
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Managing Director
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Director/Member of the Board
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Finance Officer
Ownership Details
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99%
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1%
Subsidiaries
Itau Asset Management S.A. Sociedad Gerente De Fondos Comunes De Inversion
87%
Itau Sociedad De Bolsa S.A.
87%
Bma Asset Management Sociedad Gerente De Fondos Comunes De Inversion S.A.
Company Performance
Financial values in the chart are available after Banco Bma S.A.U report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ARS. Absolute financial data is included in the purchased report.
Net interest income
89.12%
Net fee and commission income
167.34%
Operating profit (EBIT)
225.54%
Net Profit (Loss) for the Period
N/A
Total assets
146.47%
Total equity
303.67%
Total Assets Trend
42.98%
Net Interest Income Trend
-364.43%
Cost to Income Ratio
1.08%
Loans to Deposits Ratio
-6.83%
Loans to Asset Ratio
-7.61%

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