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Banco Macro S.A.

Company Detail

Description

Argentine bank Banco Macro provides banking products and services to individuals, companies, corporations, and non-financial government entities. It offers retail products and services, such as savings and checking accounts, term deposits, credit and debit cards, consumer finance loans, mortgage and car loans, and other credit-related services. The bank operates a network of more than 400 branches nationwide and also has an international branch in the Bahamas. Based in Buenos Aires, Banco Macro was founded in 1976 under the name Macro Compañía Financiera. It adopted its current name in 1988 when it was authorized to operate as a commercial bank. The company consolidated its position in the local market through the acquisition of Banco Bansud (2001), Nuevo Banco Suquía (2004), Nuevo Banco Bisel (2006), Banco del Tucumán (2006), and Banco Privado de Inversiones (2010).

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