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Banks in Argentina

Banco de la Nacion Argentina Banco Galicia BBVA Banco Frances Banco Hipotecario Banco Macro
Banco de la Nacion Banco Galicia BBVA Banco Fr. Banco Hipotecario Banco Macro
  • ABN AMRO Argentina – A subsidiary of Dutch bank ABN Amro. The bank offers corporate finance, debt, foreign trade and capital market products and services. It posted revenues of nearly 198 million Argentine pesos at the end of 2009.
  • Central Bank of Argentina (BCRA) was established on May 28, 1935. The bank had replaced the country’s Currency Board. The primary role of the bank is to have an influential hold over the country’s exchange rate, especially with the US dollar.
  • Banco Bisel
  • Banco Galicia – One of the largest private sector commercial banks in Argentina, as measured by deposits, assets or loans. As of December 31, 2011, it had US$11.8 billion in total assets and US$7.0 billion in total deposits.
  • Banco de la Nacion Argentina – The largest bank in the country. It provides a wide range of financial services through over 640 branches nationwide.
  • Banco Macro – The second-largest private bank in Argentina, and the fifth-largest by deposits and lending. The group's bank brands - Banco Macro, Nuevo Banco Suquía, Nuevo Banco Bisel and Banco del Tucumán.
  • Banco Hipotecario – The Group's principal activity is providing mortgages, personal loans, real estate and insurance services. As of September 30, 2011, it had total assets of US$2.85 billion.
  • Banco Patagonia – an Argentine commercial bank providing financial services for individuals, corporations, small and medium sized companies, and institutional customers .
  • Banco de la Provincia de Buenos Aires (Banco Provincia or Bapro) – The second-largest in the country by value of assets and deposits, with a 9% market share.
  • Banco Santander Río (formerly Banco Río de la Plata) – One of Argentina's largest banks. It serves approximately 1 million customers through more than 200 branches.
  • Banco Suquia – A subsidiary of Banco Macro. Banco Suquia was founded in 1961 and operates a network of offices and branches located in 21 Argentinean provinces.
  • BBVA Banco Frances – The oldest private bank in Argentina established in 1886. Today, it is the fourth largest bank in Argentina, with total assets of $6.7 billion.
  • BNP Paribas Argentina was founded in 1981 and is based in Buenos Aires. It operates as a susbidiary of the France-based BNP Paribas. The company provides corporate and retail banking, investment services and insurance.
  • HSBC Bank Argentina – One of the ten largest banks in the country, providing a complete range of banking and financial products through a network of over 110 branches across Argentina. .
  • Standard Bank Argentina  –  A subsidiary of Standard Bank Group, South Africa. Standard Bank established its operations in Argentina in 1998 primarily to service corporate clients. Following its acquisition of BankBoston in 2007, it provides a full spectrum of retail and corporate banking services and has about 100 branches nationwide.
  • Tarjeta Naranja – A private company, established in 1985 in the Province of Cordoba.

Top Banks in Argentina

Bank Total Assets  US$ mil (6/2009)
1 Banco de la Nacion Argentina 19.319,5
2 Banco Provincia 7.653,0
3 Santander Río (formerly Banco Río de la Plata) 6.843,3
4 BBVA Banco Francés 6.707,1
5 Banco de Galicia 5.832,0
6 Banco Macro 5.487,8
7 HSBC Argentina 4.201,0
8 Citibank n.a. 3.990,5
9 Ciudad 3.507,3
10 Hipotecario 3.326,5
11 Credicoop 2.977,3
12 Standard Bank Argentina 2.823,0
13 Banco Patagonia 2.487,1
14 Nuevo Banco de Santa Fe 1.723,2
15 De Cordoba 1.511,9
16 Itau Buen Ayre 1.182,0
17 Supervielle 1.175,0
18 Nuevo Banco Bisel 1.035,4
19 Comafi 919,8
(source: Américaeconomía Intelligence)