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Home > Company Index > Banking > Banking - Latin America, Middle East & Africa > Banco de la Nación Argentina

Banco de la Nación Argentina
 PROFILE
Banco de la Nación Argentina isn't exactly singing "don't cry for me." Argentina's largest bank, Banco de la Nación is owned by the Argentine government. Under pressure from the World Bank, the International Monetary Fund, and the Inter-American Development Bank to privatize it, the Argentine government is moving to sells shares of the bank publicly. The plan calls for the government to retain a majority share and control its operations. Banco de la Nación serves Argentina through about 650 branches. The bank provides industrial, agricultural, and export loans with a traditional emphasis on small- and medium- businesses.

 COMPETITION
BBVA Banco Francés S.A. (BFR)
Banco Rio de la Plata S.A. (BRS)
Banco de Galicia y Buenos Aires S.A. (BGALY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1,447.70
1-Yr. Sales Growth: 7.5%
Employees: 16,571
Revenue per employee: $87,363.47

 KEY PEOPLE
• Enrique Olivera
    CEO
• Adolfo Martin Prudencio Canitrot
    CFO

 CONTACT INFO
Bartolome Mitre, 326
1036 Buenos Aires, Argentina
Phone: 54-11-4347-6000
Fax: 54-11-4347-8078
Online: Web Site

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