Search results
Results from the WOW.Com Content Network
Citibank Argentina was established in 1914 as the Buenos Aires branch of the National City Bank of New York, and the first of any United States bank in Argentina. The bank remained a secondary name in Argentine banking; but earned renown for the quality of its services: its Paylink payment processing network made it the first bank in Argentina to earn an ISO 9000 (1997), and in 2002 ...
Banco da Amazônia [] (Federal Government as main shareholder); Banco de Brasília (BRB) (Federal District-owned); Banco do Estado do Espírito Santo (Banestes) (State of Espírito Santo-owned)
Rank Bank name Total assets (2023) (US$ Billion) 1 Itaú Unibanco: 439.50 2 Banco do Brasil: 379.78 3 Banco Bradesco: 340.41 4 Caixa Econômica Federal: 300.63 5 Santander Brasil
Foreign banks fled the country during 2002 and 2003, selling their operations to smaller local banks at a fraction of their original investments. Only a few large foreign banks decided to stay. In 2004, the government compensated the banks for the impact of the asymmetric devaluation of deposits and loans through a series of "compensation bonds".
This page was last edited on 18 January 2020, at 21:34 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
This page was last edited on 18 November 2013, at 00:08 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Get the latest news, politics, sports, and weather updates on AOL.com.
The bank remains the largest private sector commercial bank in Argentina ranked by deposits, assets or loans. As of April 2009, the group maintained 236 branches and total deposits in Argentina amounted to nearly US$4.5 billion, a 6% market share, and 7.6% among private sector depositors. [4]