Banco Itaú Argentina

Banco Itaú Argentina S.A.
Company typeSubsidiary
IndustryFinance and Insurance
Founded1995; 29 years ago (1995)
HeadquartersBuenos Aires, Argentina
ProductsBanking
Insurance
Private Bank
RevenueIncrease US$ 296.7 million (2012)
Increase US$ 22.4 million (2012)
Total assetsDecrease US$ 2.0 billion (2012)[1]
Number of employees
1,650
ParentBanco Macro
Websitewww.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.

References

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  1. ^ "Bancos brasileiros devem dar mais atenção para o exterior - Panorama Brasil". Archived from the original on 2012-04-01. Retrieved 2011-10-09.
  2. ^ "Itaú vende unidade da Argentina para Banco Macro por R$ 250 milhões". CNN Brasil (in Brazilian Portuguese). 2023-08-24. Retrieved 2023-08-24.
  3. ^ "Brazilian bank Itau to sell Argentine business to Banco Macro". Yahoo Finance. 2023-08-24. Retrieved 2023-08-24.
  4. ^ "Itaú sells Argentina arm to Banco Macro". Private Banker International. 2023-08-24. Retrieved 2023-08-24.