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Banco Piano S.A. (Argentina)

Main Activities: Commercial Banking
Full name: Banco Piano S.A. 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 Piano was authorized to operate by the Central Bank of Argentina in January 1992 as Banco Comercial, following the merger by absorption of the following Piano Group companies: Casa Piano S.A. (Founded in 1944, was a pioneer in the sector and leader in the marketing of foreign exchange products); Casa Piano Cia. Financiera S.A. (Started in 1990 with the purchase of 100% of the shareholding of Cia. Financiera Cruz del Sur and allowed insertion in the different financial segments) and Piano Administradora de Inversiones S.A. (Stock Company of which Banco Piano owns 95% of the shares). The bank offers various financial services such as corporate banking, individuals' banking, brokerage, foreign exchange and financial services for retirees.

Headquarters
San Martin 345
Buenos Aires (City); Federal Capital; Postal Code: C1004AAG

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
October 11, 1978
Key Executives
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President
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Vice President
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Director
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Legal Issues Manager
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General Manager
Ownership Details
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33.25%
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26.25%
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20.25%
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20.25%
Subsidiaries
Piano Bursatil S.A.
Company Performance
Financial values in the chart are available after Banco Piano S.A. 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
220.86%
Net fee and commission income
297.31%
Operating profit (EBIT)
276.48%
Net Profit (Loss) for the Period
298.83%
Total assets
167.72%
Total equity
251.03%
Total Assets Trend
49.4%
Net Interest Income Trend
111.65%
Cost to Income Ratio
-6.06%
Loans to Deposits Ratio
-20.04%
Loans to Asset Ratio
-17.93%

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