Banco Macro

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name: Banco Macro

hot: 565



Banco Macro is the second largest state-owned private bank in Argentina and the sixth largest private deposit and loan bank. In 2012, Banco Macro’s revenue was US$1.1 billion, net income was US$304 million, and total assets were US$9.8 billion.

As of the beginning of 2009, Banco Macro has been profitable for 28 consecutive quarters. In 2008, the bank’s net pre-tax income was US$288 million. In March 2009, bank credit lines exceeded US$3 billion and total deposits exceeded US$4.8 billion.

Banco Macro is listed on the New York Stock Exchange under the ticker symbol BMA and is headquartered in Buenos Aires, Argentina. Its chairman and chief executive officer is Jorge Horacio Brito, and it has a total of 7,268 employees.

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