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Banelco
Banelco (an acronym for ''Banca Electrónica Compartida'') is an ATM network in Argentina. Established in 1985, it offers several services related to cash flow management, including debit cards, electronic transfers and service payments. Banelco is owned by private banks and operates 6.000 ATMs (one third of the total in the country). Its main competitor in the Argentine market is Red Link. The company also operates Pagomiscuentas, an electronic bill payment service. Member banks Banks in Argentina which maintain Banelco ATMs include: * Banco Comafi * Banco del Sol * Banco Galicia * Banco Itaú * Banco Macro * Banco Patagonia * Banco Regional del Cuyo * Banco Santander Río * Banco Supervielle * BBVA Banco Francés * Citi Bank Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City ... ...
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Banelco Logo
Banelco (an acronym for ''Banca Electrónica Compartida'') is an ATM network in Argentina. Established in 1985, it offers several services related to cash flow management, including debit cards, electronic transfers and service payments. Banelco is owned by private banks and operates 6.000 ATMs (one third of the total in the country). Its main competitor in the Argentine market is Red Link. The company also operates Pagomiscuentas, an electronic bill payment service. Member banks Banks in Argentina which maintain Banelco ATMs include: * Banco Comafi * Banco del Sol * Banco Galicia * Banco Itaú * Banco Macro * Banco Patagonia * Banco Regional del Cuyo * Banco Santander Río * Banco Supervielle * BBVA Banco Francés * Citi Bank Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Ba .. ...
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Banco Santander Río
Banco Santander Argentina (formerly Banco Río de la Plata and then Banco Santander Río) is a commercial bank and financial services company and affiliate of the Santander, Cantabria (Spain) based Santander Group. Based in Buenos Aires, its banking operations are the third largest in Argentina, as well as the largest among all privately owned banks in the country. Overview The "Banco Río de la Plata" (named for the neighboring estuary of the same name) was established on May 14, 1968, via the acquisition of the Banco del Este by Pecom, a private holding company owned by the Pérez Companc family. The Pérez Compancs had established themselves in the Argentine business world relatively recently, through the success of the Compania Naviera Pérez Companc, a shipping company established in 1946. Gregorio Pérez Companc, the adoptive heir to the helm of the family conglomerate, purchased the bank from the Pérez Companc Foundation (led by his sister, Alicia) in 1993. Pérez Comp ...
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Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the eighth-largest country in the world. It shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a federal state subdivided into twenty-three provinces, and one autonomous city, which is the federal capital and largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a federal system. Argentina claims sovereignty over the Falkland Islands, South Georgia and the South Sandwich Islands, and a part of Antarctica. The earliest recorded human prese ...
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Citibank Argentina
Citibank Argentina is a commercial bank and financial services company operating as a wholly owned subsidiary of New York-based Citigroup. Its banking operations are the tenth largest in Argentina.ABA: ranking
In October 2016, Citibank reached an agreement to sell its retail banking operations in Argentina to Banco Santander Río.


Overview

Citibank Argentina was established in 1914 as the Buenos Aires branch of the , and the first of any United States bank in Argentina. The bank remained a secondary name ...
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Financial Services Companies Of Argentina
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabil ...
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Financial Services Companies Established In 1985
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ...
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Banking In Argentina
During the 1990s, marked by President Carlos Menem's policies of liberalization, Argentina's financial system saw a significant consolidation and strengthening, in large part through foreign investment. In addition to high reserve and capital-adequacy requirements, the Central Bank of Argentina maintained a repurchase agreement with a consortium of international banks to provide a $6,000 million safety net in the event of a liquidity squeeze. Mergers and acquisitions, which decreased the number of Argentine banks from nearly 300 in 1990 to fewer than 100 at the end of 1999, were expected to continue and lead to improvements in management and efficiency. The foreign currency reserves of the Central Bank stood at nearly $25,000 million in December 1999, or over 9 months of imports. However, these reserves were used to back the monetary liabilities of the Central Bank and were not available for conducting monetary policy; by the terms of the Convertibility Law, each Argentine peso ...
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ATMIA
The ATM Industry Association (ATMIA), originally the ATM Owners Association, was established in 1997 in the United States as a global nonprofit trade association to service an industry that built around the global growth of the ATM. History Liberalization of the retail banking markets in the US during the 1980s and early 1990s, resulted in depository institutions losing their monopoly on ATMs while independent ATM deployers were allowed to compete in the provision of after-hours access to cash. Growth in this market led Tom Harper and Alan Fryrear to establish the ATM Owners' Association (ATMOA) in late 1997 with no staff (except Harper), zero budget, and only a handful of members. The first official ATMOA planning meeting took place on October 9, 1998, at the end of the Faulkner & Gray Advanced ATM Conference in San Diego, California. The group voted Lyle Elias as the new president, ratified a motion to change their name to the ATM Industry Association, formed several commi ...
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Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ...
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Industrial And Commercial Bank Of China
Industrial and Commercial Bank of China Limited (ICBC; ) is a Chinese multinational bank. Founded as a limited company on 1 January 1984, ICBC is a state-owned commercial bank. With capital provided by the Ministry of Finance of China, the bank's Tier 1 capital in 2013 was the largest of one thousand global banks, being the first bank headquartered in China to achieve this distinction in modern history. Subsequently, ranked the largest bank in the world 2017 and 2018, by total assets, (31 December 2020, US$4.324 trillionFrancis Garrido & Saqib Chaudhry (2019) â€The world's 100 largest banks published 5 April 2019 by S & P Global – accessed 8 February 2020), ICBC was positioned at 1st in The Bankers Top 1000 World Banks ranking, every year from 2012, and first (2019) on the Forbes Global 2000 list of the world's biggest public companies. Furthermore, ICBC is considered one of the most profitable companies in the world, ranking fourth according to Forbes. It is considered ...
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HSBC Bank Argentina
HSBC Bank Argentina S.A. is the principal HSBC operating company in Argentina. The seventh-largest bank in the country, it provides a full range of banking and financial products and services, including commercial, consumer and corporate banking, to over 1.2 million customers. Operations HSBC Argentina is one of the largest financial organizations in Argentina and comprises HSBC Bank Argentina, HSBC MAXIMA AFJP, HSBC La Buenos Aires and HSBC New York Life. Proa is a local consumer finance company set up to draw on the experience and knowledge of HSBC Finance Corporation. The group's product and service distribution network includes 139 retail bank branches nationwide, as well as financial and pension fund offices. HSBC Argentina maintains deposits of around US$3 billion, and a lending portfolio of nearly US$2 billion (both around 4% of the domestic market). History Midland Bank purchased a stake in Banco Roberts, a subsidiary established in 1903 by the historic Anglo-South Ameri ...
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BBVA Banco Francés
BBVA Argentina, formerly BBVA Banco Francés, is a financial institution in Argentina. History Founded on October 14, 1886, in Buenos Aires as ''Banco Francés del Río de la Plata'' ( en, French Bank of the River Plate), it is the oldest private bank in Argentina. Its Beaux-Arts headquarters, designed by Jorge Bunge, were inaugurated in 1926. Morgan Guaranty Trust acquired a 50% share in the bank in 1968, though the New York-based bank sold most of these to Alpargatas, a leading local industrial firm, a decade later. Despite the nation's economic woes during the 1980s, the Banco Francés expanded from 15 branches to 62 during the decade, and entered into a joint venture with Bankers Trust Company in 1986. Alpargatas sold its stake to local developer Eduardo Constantini in 1991, and entered into a second joint venture with Merrill Lynch in 1992. In December 1996, Spain's ''Banco Bilbao Vizcaya,'' (now Banco Bilbao Vizcaya Argentaria), acquired the 99.9% of the common shares ...
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