Banco Patagonia headquarters
Banco Patagonia headquarters  

Banco Patagonia

Banco Patagonia S.A. (BCBA: BPAT, BOVESPA: BPAT33) is a commercial bank headquartered in Buenos Aires. It provides a wide range of financial solutions to individuals, corporations, small and medium sized companies, private banks, and institutional customers. The firm is also involved in the insurance sector and offers a range of insurance policies. Banco Patagonia was founded in 1976 and currently has over 800,000 customers, 180 branches, 4 agencies, 17 assistance centers, 570 ATMs and 360 self-service terminals (SST). As of March 31, 2017, the company had total assets of ARS 69.992 billion (US$4.4 billion), total deposits of ARS 51.047 billion (US$3.2 billion), total equity of ARS 10 billion (US$0.6 billion) and employed about 3,400 people. Banco do Brasil is the major shareholder of Banco Patagonia.

Market capitalization: ARS 31 billion (May 25, 2017)

Shareholder structure:
Banco do Brasil S.A. - 58.97%
Jorge Guillermo Stuart Milne - 9.03%
Ricardo Alberto Stuart Milne - 9.03%
Emilio Carlos Gonzalez Moreno - 3.35%
Province of Río Negro - 3.17%
Mercado - 16.45%

Banco Patagonia subsidiaries:
GPAT Compañía Financiera S.A.
Patagonia Valores S.A. Sociedad de Bolsa
Patagonia Inversora S.A.
Banco Patagonia (Uruguay) S.A.

Credit Ratings:
Standard & Poor's: B-/Outlook Stable
Moody’s: Caa1/ Outlook Stable (Long-term foreign currency credit rating)

Head office address:
TTE General J D Peron 500
Buenos Aires 1038
Phone: +54 11 4132 6300