Banco de la Nación Argentina

largest national bank in Argentina

The Banco de la Nación Argentina (BNA), better known as Banco Nación, (English: Bank of the Argentine Nation) is a national bank in Argentina. was founded on October 26, 1891 at the initiative of President Carlos Pellegrini and through Law No. 2841, beginning to function on December 1 of that year in the headquarters located in the city of Buenos Aires.[1]

Bank of the Argentine Nation
Native name
Banco de la Nación Argentina
Company typeState enterprise
Industryinsurance Edit this on Wikidata
Founded1891 (1891)
FounderCarlos Pellegrini
Headquarters,
Number of locations
  • Domestic: 624 branches
  • Overseas: 15 branches
Area served
International
Key people
Silvina Batakis, President
Services
RevenueIncrease US$ 5.1 billion (2010–2011)
Increase US$ 1.1 billion (2010–2011)
Total assetsIncrease US$ 36.7 billion (2011)
Number of employees
16,519 (2011)
ParentGrupo Banco Nación
Websitewww.bna.com.ar
Footnotes / references
[2][3]

The bank was created because the Argentine financial system was in a critical state, and at that time it was necessary to promote agriculture, livestock and different activities related to the agro-export model that had begun in Argentina at the end of the century. XIX. The previous National Bank, which had been founded on the initiative of Nicolás Avellaneda in 1872, had gone bankrupt.

The Bank is totally state capital, within the orbit of the Ministry of Economy of the Argentine Republic. It currently has more than 600 branches not only within Argentina, but also in Uruguay, Chile, Bolivia, Brazil, Paraguay, the United States, China and Spain, reaching a presence in Venezuela, the United Kingdom, France and Japan.

References change

  1. "BNA: Nuestra historia" (in Spanish). Archived from the original on 2010-05-29.
  2. "Estado de situación patrimonial y estado de resultados" (PDF) (in Spanish). Banco de la Nación Argentina.
  3. "Ranking de bancos" (in Spanish). ABA.[permanent dead link]

Other websites change