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In 2017, the bank once again relocated its headquarters in the newly built Torre BBVA. [4] In 2019, BBVA unified its brand worldwide and BBVA Francés was renamed BBVA. [5] In 2023, BBVA Argentina had 243 branches (56 of them digital and 24 fully digital), 895 ATMs, and 861 ATSs across the country. [6]
BBVA Argentina; C. Central Bank of Argentina; ... Municipal Bank of Rosario; S. New Bank of Santa Fe This page was last edited on 18 January 2020, at 21:34 (UTC ...
The BBVA Tower (also known as the Banco Francés Tower) is an office skyscraper in Buenos Aires, Argentina, currently serving as the headquarters of BBVA Argentina financial institution. [3] Completed between 2013 and 2016, the building stands at 155 m (509 ft) tall with 33 floors and is the eleventh tallest building in Buenos Aires .
It also entered Brazil with the purchase of Banco Excel-Econômico; and in Argentina, BBVA bought the insurer Consolidar, created in 1994. In 2000, the merger of BBV Probursa with Bancomer occurred in Mexico to create BBVA Bancomer, the first bank in the country by volume of assets. At the beginning of 2004, the Group announced the takeover bid ...
Banking penetration remains low and banking costs high. The Argentine banking sector is currently dominated by state-owned banks, with the largest being the Banco de la Nación Argentina. In 2005, for the first time since the 2001 collapse, the banking system made a profit, according to a Central Bank report released in February 2006. The total ...
Though a sell-off of public shares was averted, given the controversy, the 1998–2002 Argentine great depression led to the loss of nearly half of the bank's deposits between 2001 and 2002, and to its near-insolvency, when its dollar-denominated debt of US$1.8 billion required borrowing on flexible terms from the Central Bank of Argentina ...
BBVA's entry in Venezuela coincided with Hugo Chávez' presidential election. [1] Once Nicolás Maduro came to power in Venezuela, the bank's benefits dropped from 369 million euros in 2013 to -13 million euros in 2017. [1] While Banco Santander shut its Venezuelan operations in 2009, [1] BBVA chose to maintain theirs despite the economic ...
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