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Banco Macro

#3237

Rank

$4.17B

Marketcap

AR Argentina

Country

Banco Macro
Leadership team

Mr. Gustavo Alejandro Manriquez (GM & CEO)

Mr. Jorge Francisco Scarinci (CFO, Fin. Mang. & IR Mang.)

Mr. Ernesto Eduardo Medina (Operations & Technology Mang.)

Products/ Services
E-Commerce, Finance, Financial Services, FinTech
Number of Employees
1,000 - 20,000
Headquarters
Buenos Aires, Distrito Federal, Argentina
Established
1976
Company Registration
SEC CIK number: 0001347426
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BMA
Social Media
Overview
Location
Summary
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. As of December 31, 2021, it operated through a network of 466 branches, 1,779 ATMs, 955 self-service terminals, and various service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
History

Banco Macro was founded in 1985 in the city of Córdoba. The founding partners were led by the late Jorge Brito, a pioneer in the Argentine banking system, who intended to bring the financial service of commercial banking to the wider public. Since then, Banco Macro has continued to grow and expand, becoming one of the most widespread banks in Argentina.

Mission
Our mission is to provide comprehensive commercial banking services to individuals, small and medium-sized enterprises, and companies, within a framework of socially responsible operations.
Vision
Our vision is to become one of the most important commercial banks in Latin America, focusing on value for our shareholders and consolidating our presence in all the markets we serve.
Key Team

Mr. Marcelo Agustin Devoto (Investment Banking Mang.)

Ms. Ana María Magdalena Marcet (Credit Risk Mang.)

Mr. Gerardo Adrian Alvarez (Admin. & HR Mang.)

Lic. Brian Anthony (Commercial banking manager)

Mr. Ernesto Lopez (Legal Mang.)

Mr. Gustavo Emilio Pessagno (Compliance Mang.)

Mr. Francisco Muro (Distribution & Sales Mang.)

Recognition and Awards
Banco Macro has been recognized for its innovation, customer service and impact on the economy. It has won numerous awards from local and international organizations such as the Global Banking & Finance Review Awards and the Corporate International Magazine Award.
References

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Banco Macro
Leadership team

Mr. Gustavo Alejandro Manriquez (GM & CEO)

Mr. Jorge Francisco Scarinci (CFO, Fin. Mang. & IR Mang.)

Mr. Ernesto Eduardo Medina (Operations & Technology Mang.)

Products/ Services
E-Commerce, Finance, Financial Services, FinTech
Number of Employees
1,000 - 20,000
Headquarters
Buenos Aires, Distrito Federal, Argentina
Established
1976
Company Registration
SEC CIK number: 0001347426
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BMA
Social Media