Banco Macro S.A., known on the New York Stock Exchange under the ticker BMA, is one of Argentina’s largest private banking institutions. The bank offers a full range of financial services, including deposit accounts, personal and commercial lending, credit and debit cards, and digital banking platforms. It further provides treasury and capital markets solutions, leasing, mutual funds, and insurance products, serving both individual and corporate clients.
Founded in 1976 by Jorge Brito, Banco Macro has expanded from a regional lender in northern Argentina to a nationwide institution. Over the years, it has grown its branch network to cover all 23 provinces and the Autonomous City of Buenos Aires, establishing a presence in both urban centers and rural communities. This broad footprint enables the bank to address the diverse needs of retail customers, small and medium-sized enterprises, and larger corporate clients.
Banco Macro’s operations are supported by a centralized processing center that helps streamline risk management and customer service. The bank places a strong emphasis on digital transformation, offering a robust online banking portal and mobile app to enhance accessibility and convenience. Through its subsidiaries, Macro also delivers insurance solutions and asset management services, positioning itself as a comprehensive financial partner.
After the passing of founder Jorge Brito in 2020, the bank appointed Daniel P. Rudman as President and Chief Executive Officer. Under this leadership team, Banco Macro continues to leverage its extensive local knowledge and branch network, invest in technology, and expand its product offerings to meet the evolving demands of Argentina’s dynamic banking sector.
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