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CFN S.A. (Argentina)

Main Activities: Credit Unions | Consumer Lending
Full name: CFN 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

CFN S.A. is a non-banking company located in Santa Fe, Argentina. It was incorporated in 1986 and has since become the leading provider of personal loans and credit for businesses in the country. The company was established in response to the lack of financial services available to the salaried sector of the economically active population. A group of entrepreneurs and professionals in Santa Fe came together to address this unmet need, and thus CREDITO ARGENTINO was born. CREDITO ARGENTINO's main objectives were to finance consumer purchases in stores through the provision of credit and to offer personal loans to employed individuals. Since 1995, the company has experienced significant expansion, becoming the industry leader in its area of operation, which encompasses a large part of Argentina. The company's growth and consolidation can be attributed to several factors, including a strong and well-structured financial foundation, a comprehensive staff training policy, a mature commercial development strategy, and a robust credit granting system.

Headquarters
Ruta Nacional 168 Km. 473,6 Edificio Esteros
Santa Fe; Santa Fe; Postal Code: S3000XBL

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
December 18, 1990
Key Executives
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President
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Vice President
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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52.8%
Company Performance
Financial values in the chart are available after CFN 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
85.73%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
46.66%
Total equity
100.89%
Total Assets Trend
-26.85%
Net Interest Income Trend
-23.48%
Loans to Deposits Ratio
104.59%
Loans to Asset Ratio
-3.33%

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