Macro BMA
Macro BMA formerly known as Banco Itaú, was an Argentine banking entity owned by Banco Macro since November 2023. It was the Argentine subsidiary of the Brazilian bank Itaú Unibanco, founded in 1998 after the acquisition of Banco del Buen Ayre. Currently, the entity has 99 bank branches and 140 ATMs throughout the country, serving over 400,000 clients.
Company type | Subsidiary |
---|---|
Industry | Finance and Insurance |
Founded | 1995 |
Defunct | November 19, 2024 |
Fate | To be merged with Banco Macro on November 19, 2024 |
Successor | Banco Macro (from November 19, 2024) |
Headquarters | Buenos Aires, Argentina |
Products | Banking Insurance Private Bank |
Revenue | US$ 296.7 million (2012) |
US$ 22.4 million (2012) | |
Total assets | US$ 2.0 billion (2012)[1] |
Number of employees | 1,650 |
Parent | Macro Group |
Website | www.macrobma.com.ar |
History
changeIt was founded in 1998 after the purchase of Banco del Buen Ayre.
On August 24, 2023, Banco Macro purchased this bank from its then parent Itaú Unibanco for a price of US$50 million. On November 3, 2023, the entity was renamed Macro BMA.
On November 19, 2024, Macro BMA will cease to exist as a separate entity from Banco Macro and all of its customers, alongside their existing accounts and products, will become part of Macro.[2][3]
References
change- ↑ "Archived copy". Archived from the original on 2012-04-01. Retrieved 2011-10-09.
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: CS1 maint: archived copy as title (link) - ↑ "Macro BMA y Banco Macro se fusionan | Banco Macro" [Macro BMA and Banco Macro merge]. Banco Macro (in Spanish). 2024. Retrieved 2024-09-07.
- ↑ Chandler, Sir (2024-09-07). "El Macro informó sobre la integración final de los clientes del Itaú" [Macro gives information on the final integration of Itaú's customers]. Sir Chandler (in Spanish). Retrieved 2024-09-07.