April 28, 2017 5:06 AM ET

Banks

Company Overview of Banco Patagonia S.A.

Company Overview

Banco Patagonia S.A. provides commercial banking services primarily in Argentina. The company offers checking accounts, savings accounts, time deposits, investment accounts, and other deposit products. It also provides mortgage loans, personal loans, notes, auto loans, overdrafts, interbank loans, syndicated loans, working capital loans, and other loans. In addition, the company offers insurance, capital market, and trust management services. Further, it provides fund transfer, payroll, foreign trade, payment and collection, custody, transactional, investment, Internet banking, mobile phone banking, and ATM services; and engages in mutual funds, securities issuing and trading, and financial ...

Avenida de Mayo 701

Floor 24

Buenos Aires,  C1084AAC

Argentina

Founded in 1928

3,434 Employees

Phone:

54 810 888 8500

Fax:

54 11 4323 5173

Key Executives for Banco Patagonia S.A.

Banco Patagonia S.A. does not have any Key Executives recorded.

Banco Patagonia S.A. Key Developments

Banco Patagonia S.A., Annual General Meeting, Apr 26, 2017

Banco Patagonia S.A., Annual General Meeting, Apr 26, 2017, at 19:00 Coordinated Universal Time. Location: Av. De Mayo 701 28th Floor City Buenos Aires Argentina Agenda: To consider appointment of two shareholders to sign the Minutes; to consider financial statements, statutory audit committee's report, independent auditor’s report, annual report, allocation of profits/losses and management report) for fiscal year ended on December 31, 2016; to release the discretionary reserve for repurchase of treasury stock program and institution of a discretionary reserve for future profit sharing; to examine of Board members' performance; to examine board members' fees for fiscal year ended on December 31, 2016; to establish the number of Directors and appointment thereofs; to examine the Statutory Audit Committee members' performance; to examine statutory audit committee members' fees for the fiscal year ended on December; to elect members of the statutory audit committee for fiscal year 2017; to appoint the Company's External Auditor for fiscal year 2017; to establish the Audit Committee - CNV budget for fiscal year 2017; and to consider other matters.

Banco Do Brasil Could Keep Control Of Patagonia Bank

Banco do Brasil S.A. (BOVESPA:BBAS3) is considering keeping the control of Banco Patagonia S.A. (BASE:BPAT) is considering the possibility of only selling 7% of a total 58.97% stake it has in the bank, following a possible initial public offering. Banco do Brasil is also considering registering the operation with the US Securities And Exchange Commission in April 2017 with the hopes of attracting investors in the US. The sale of stake in Patagonia bank will depend on the offers.

Banco do Brasil Seeks To Sell Patagonia

Banco do Brasil S.A. (BOVESPA:BBAS3) is trying to sell a stake in Banco Patagonia S.A. (BASE:BPAT), preferably to a strategic investor. The transaction is being coordinated by J.P. Morgan, according to two sources familiar with the matter. BB has held a 58.97% stake in Patagonia since 2010.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 1, 2016
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