October 18, 2017 8:07 AM ET

Banks

Company Overview of Banco de La Republica Oriental del Uruguay

Company Overview

Banco de La Republica Oriental del Uruguay provides banking and financial products and services. It offers checking, savings, and time deposit accounts; and various loans. The company also provides debit, credit, and prepaid cards; financial services; business services, including payroll, suppliers, and collection services; guarantee, management, and financial trusts; and Internet and telephone banking services. In addition, it is involved in issuing negotiable bonds and share certificates; and structuring and underwriting of securities. The company operates through 135 branches in Uruguay and 3 branches in São Paulo, New York, and Buenos Aires, as well as 390 ATMs, 194 deposit taking machin...

Cerrito 351

Montevideo,  11000

Uruguay

Founded in 1896

3,998 Employees

Phone:

598 2 1896

Fax:

598 2 1896 1574

Key Executives for Banco de La Republica Oriental del Uruguay

Chairman and Chief Executive Officer
Secretary
General Secretary
Executive of Business
Compensation as of Fiscal Year 2017.

Banco de La Republica Oriental del Uruguay Key Developments

Banco Republica Denies Privatisation And Downsizing Claims

Banco de La Republica Oriental del Uruguay (BROU) denies privatisation and downsizing claims. BROU has denied claims by the country's banking sector workers' union AEBU that it is trying to downsize and privatise its operations. BROU insists that it is only reorganising its customer services. AEBU and BROU have been clashing over the bank's plan to merge 12 Montevideo branches and reduce activities in the interior since June 2017. BROU's last offer was to merge nine branches only, leaving the interior branches open for more days each week. This proposal was turned down by the union.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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