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Banco de la Ciudad de Buenos Aires (Argentina)

Main Activities: Commercial Banking
Full name: Banco de la Ciudad de Buenos Aires Profile Updated: August 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco de la Ciudad de Buenos Aires, located in Buenos Aires, was established on May 23, 1878, under the name "Monte de Piedad de la Provincia de Buenos Aires." Inspired by the Montepíos of 14th century Europe, its main objective was to combat usury by providing loans against various pledged objects at a lower interest rate than the market. The bank's founding purpose was to assist residents with limited resources in meeting their financial needs, making it the first official pawnshop in the city.

Headquarters
Florida 302
Buenos Aires (City); Federal Capital; Postal Code: C1005AAH

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Website: http://www.bancociudad.com.ar/institucional/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1878
Key Executives
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President
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Chief Financial Officer
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Partner/Owner
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Director/Member of the Board
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Finance Officer
Ownership Details
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100%
Subsidiaries
Ciudad Microempresas Sau
33.3%
Ciudad Microfinanzas Sau
13.965%
Company Performance
Financial values in the chart are available after Banco de la Ciudad de Buenos Aires 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
52.07%
Net fee and commission income
N/A
Operating profit (EBIT)
519.17%
Net Profit (Loss) for the Period
564.63%
Total assets
241.31%
Total equity
334.32%
Total Assets Trend
91.15%
Net Interest Income Trend
-245.05%
Cost to Income Ratio
-9.16%
Loans to Deposits Ratio
28.25%
Loans to Asset Ratio
16.59%

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