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Banco Rioja S.A.U. (Argentina)

Main Activities: Commercial Banking
Full name: Banco Rioja Sociedad Anonima Unipersonal Profile Updated: September 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco Rioja Sociedad Anonima Unipersonal, located in La Rioja, is the main provincial bank in La Rioja, founded in 1929. They are leaders in providing financial services to the northern region of the country and offer a wide range of services to over 150,000 clients, including individuals and businesses. In 2015, after a change in ownership authorized by the Central Bank of the Argentine Republic, Banco Rioja aimed to expand its customer contact points through the diversification of its banking branches, electronic banking centers, "Riojita" service centers, and access to electronic and mobile banking services. Banco Rioja has recently renewed its corporate image to be closer to its customers and reflect the progress they have made. They have introduced new credit lines and financial products and made significant improvements in consumer credit conditions, considering them as a multiplier factor for commercial activity. They are also working on the launch of the Banco Rioja Foundation to provide financial education and integration scholarships to the community. They have established close relationships with various local economic actors, such as universities, business chambers, accounting firms, private consultants, and government departments, to enrich future proposals. Efficiency, modernization, and expansion are the fundamental pillars for their growth. They are committed to promoting the development of their province and aim to create the best bank for the people of La Rioja. Banco Rioja, with you every day.

Headquarters
Bernardino Rivadavia 702
La Rioja; La Rioja; Postal Code: F5300ACU

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Website: http://www.bancorioja.com.ar

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
October 14, 1993
Key Executives
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President
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Vice President
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Director
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General Manager
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Administration and Finance Manager
Ownership Details
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100%
Subsidiaries
Plantaciones de Jojoba S.A.
Company Performance
Financial values in the chart are available after Banco Rioja S.A.U. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ARS. Absolute financial data is included in the purchased report.
Net interest income
228.55%
Net fee and commission income
170.93%
Operating profit (EBIT)
142.88%
Net Profit (Loss) for the Period
N/A
Total assets
199.43%
Total equity
173.54%
Total Assets Trend
89.28%
Net Interest Income Trend
4.9%
Cost to Income Ratio
8.72%
Loans to Deposits Ratio
-28.08%
Loans to Asset Ratio
-15.59%

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