Grupo Financiero Galicia

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name: Grupo Financiero Galicia

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Grupo Financiero Galicia is an Argentine financial services holding company headquartered in Buenos Aires. It is the fifth largest bank in Argentina and the largest private bank.

As of April 2009, Grupo Financiero Galicia has 236 branches in Argentina, with total deposits of nearly US$4.5 billion, a market share of 6%, combined assets of US$7.7 billion, and private sector loans of US$3.7 billion (6.5%).

The Class B shares of Grupo Galicia are listed and traded on the Cordoba Stock Exchange, and the stock code is GGAL on the Nasdaq Stock Exchange. Grupo Galicia is the blue-chip MERVAL index of the Buenos Aires Stock Exchange, as well as the Morgan Stanley Capital International and Standard & Poor’s indexes.

The chairman and CEO of Grupo Financiero Galicia is Antonio R. Garcés, with 5591 employees. In 2012, Grupo Financiero Galicia had revenue of US$1.6 billion, net income of US$221 million, and total assets of US$12.9 billion.

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