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Balance Sheet Cash Flow Statement Sarmiento 401 1041 Buenos Aires, Argentina Tel. +54-11-5222-6500 |
Type: Public
On the web:
http://www.bansud.com.ar
Employees:
7,973
Employee growth: 1.3%
Banco Macro offers retail and commercial banking in Argentina. The group's bank brands -- Banco Macro, Nuevo Banco Suquía, Nuevo Banco Bisel, and Banco del Tucumán -- operate more than 400 branches across the nation. They provide customers with traditional offerings including checking and savings accounts, international financing, credit cards, and asset management services. Other subsidiaries include offshore financial institution Macro Bank Limited (formerly Sud Bank & Trust) and asset management business Macro Valores. The company was established as a primarily non-banking institution in 1985.
Key numbers for fiscal year ending December, 2008:
Sales: $801.5M
One year growth: 44.5%
Net income: $191.1M
Income growth: 21.6%
Officers:
Chairman and President: Jorge Horacio Brito
Manager Operations: Eduardo Covello
Finance Officer and Investor Relations Officer: Jorge Scarinci
Competitors:
Banco Galicia
Santander Río
Banco Francés
