State-owned Banco República (BROU), Uruguay's largest banking institution, operates as a commercial and development bank. BROU offers a full line of personal banking products and services such as checking and savings accounts, credit cards, time deposits, consumer loans, and mortgages. It also provides a comprehensive suite of financial products - including leasing, treasury services, funding for working capital, asset management, foreign trade services, and investment solutions - for customers in the SME, corporate and agribusiness banking market segments. The bank has branches established in Sao Paulo, New York, and Buenos Aires.
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