Banco Macro S.A. Overview
Pro stress-test →Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina, including savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, and utility payments. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
Strategic Profile
Pro stress-test →Banco Macro is well positioned to benefit from Argentina's financial recovery, with strong operations, national reach, and recent strategic expansion through the acquisition of Itaú Argentina. The bank serves 6.21 million retail customers through 491 branches across Argentina, including 2.6 million digital customers and over 212,183 corporate clients.
Competitive Landscape
Pro stress-test →Banco Macro operates in Argentina's regional banking sector, competing primarily with Grupo Financiero Galicia S.A. (market cap $9.161B), Banco BBVA Argentina S.A. (market cap $4.224B), and Grupo Supervielle S.A. (market cap $1.125B). The bank differentiates itself through its broad retail and corporate service offerings, digital banking capabilities, and strategic acquisitions like Itaú Argentina.
Industry Context
Banco Macro S.A. operates in Banks - Regional (Argentina).
Key facts
Founded: 1966 · Headquarters: Buenos Aires, Argentina · Employees: 8,882 · Revenue: $4.58T ARS · Market cap: $6.7B