Banco Itaú Argentina Explained

Banco Itaú Argentina S.A.
Type:Subsidiary
Location:Buenos Aires, Argentina
Num Employees:1,650
Parent:Banco Macro
Industry:Finance and Insurance
Products:Banking
Insurance
Private Bank
Revenue: US$ 296.7 million (2012)
Net Income: US$ 22.4 million (2012)
Assets: US$ 2.0 billion (2012)[1]
Homepage:www.itau.com.ar

Banco Itaú Argentina was an Argentine bank owned by the Brazilian bank Itaú Unibanco.[2] [3] [4] The bank was purchased by Banco Macro on August 24, 2023. It was founded in 1998 after the purchase of Banco Del Buen Ayre. The bank has 99 bank branches and 140 ATMs across the country and more than 400,000 customers.

The bank is one of the largest banks in Argentina and competes with Banco Francés, Grupo Financiero Galícia, Banco Patagonia, and others.

Notes and References

  1. Web site: Bancos brasileiros devem dar mais atenção para o exterior - Panorama Brasil . 2011-10-09 . 2012-04-01 . https://web.archive.org/web/20120401001523/http://www.panoramabrasil.com.br/bancos-brasileiros-devem-da-mais-atencao-para-o-exterior-id72629.html . dead .
  2. Web site: 2023-08-24 . Itaú vende unidade da Argentina para Banco Macro por R$ 250 milhões . 2023-08-24 . CNN Brasil . pt-br.
  3. Web site: 2023-08-24 . Brazilian bank Itau to sell Argentine business to Banco Macro . 2023-08-24 . Yahoo Finance . en-US.
  4. Web site: 2023-08-24 . Itaú sells Argentina arm to Banco Macro . 2023-08-24 . Private Banker International . en-US.