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Banco Hipotecario S.A.

Company Detail

Description

Argentine mortgage bank Banco Hipotecario is engaged in the provision of banking services, including personal banking and corporate banking. Its main focus is the mortgage loan segment, and it is the 13th largest bank in terms of assets in the local financial system. The bank offers a range of banking products and services, including saving and current accounts, fixed-term deposits, credit cards, mortgage and personal loans, and other banking operations to businesses and individuals. The company holds direct interest in various subsidiaries, including local bank BACS Banco de Credito y Securitizacion. The Argentine government has a 53.9% non-controlling stake in the bank. Banco Hipotecario was incorporated in 1997 and is headquartered in Buenos Aires, Argentina.

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