Banco de Galicia y Buenos Aires S.A. · Buenos Aires Argentina
Company Description
Phone: +54-11-6329-0000
Fax: +54-11-6329-6100
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This link will open in a new window Banco de Galicia y Buenos Aires (Banco Galicia) is one of Argentina's top three private banks by assets. Through some 350 offices, the bank offers loans to a client base primarily of businesses and individuals. It also provides consumer, corporate, and investment banking; insurance (through its Sudamericana subsidiary); risk management; and credit and debit cards. The bank, founded in 1905, has branches in neighboring Uruguay. Grupo Financiero Galicia , which is controlled by the Escasany, Ayerza, and Braun families, owns a 95% stake in Banco Galicia. The bank is looking to boost lending in the private sector. To read the full description, subscribe now.
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Key Banco de Galicia y Buenos Aires S.A. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $3,115.9 |
| Employees | 5,174 |
Banco de Galicia y Buenos Aires S.A. Executives
16 executives listed for Banco de Galicia y Buenos Aires S.A.'s Buenos Aires, location.
| Title | Name & Bio | Contact |
| Chairman | Antonio Garcés | Network |
| Vice Chairman | Sergio Grinenco | Network |
| Chief Economist | Nicolás Dujovne | Network |
Competition
Competitive Landscape for Banco de Galicia y Buenos Aires S.A.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Banco de Galicia y Buenos Aires S.A. Competitors
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