Grupo Financiero Galicia S.A., through its subsidiaries, operates as a financial services holding company. The company’s primary subsidiary, Banco de Galicia y Buenos Aires S.A. (Banco Galicia), operates as a full-service bank in Argentina. The company, through the operating subsidiaries of Tarjetas Regionales S.A. (Tarjetas Regionales), a holding company controlled by Banco Galicia, and Compañía Financiera Argentina (CFA) (97% Banco Galicia, 3% the company), provides proprietary brand credit cards throughout the ‘Interior’ of the country and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. (Sudamericana) and its subsidiaries, the company provides insurance products in Argentina. The company directly or indirectly owns other companies providing financial related products. As of December 31, 2013, the company’s distribution network consisted of Banco Galicia, such as 261 branches located in Argentina, 140 of which were owned and 121 of which were rented by Banco Galicia, located in all of Argentina’s 23 provinces; Tarjeta Naranja, such as 213 sales points located in 21 of the 23 Argentine provinces, 162 of which were rented by the company; Tarjetas Cuyanas, such as 47 sales points in the provinces of Mendoza, San Juan, San Luis, Santiago del Estero, La Pampa, La Rioja, Catamarca, Neuquén, Rio Negro, Salta, Jujuy, and Tucumán, all of which were leased; CFA, such as 41 branches, 38 mini-branches and 16 payment centers, all of which were leased and with approximately 1 branch located in each of Argentina’s provinces. Business Banking Banco Galicia provides, directly or through its subsidiaries, various financial products and services to large corporations, small and medium-sized companies, and individuals. Banco Galicia provides a range of financial services through one of the distribution platforms amongst private-sector financial institutions in Argentina. This distribution platform, as of December 31, 2013, included 261 full service banking branches, located throughout the country, 1,715 ATMs and self-service terminals owned by Banco Galicia, phone banking and e-banking facilities. Banco Galicia’s customer base included approximately 2.7 million customers, who were consisted of individuals and who also included approximately 67,000 companies. Banco Galicia’s primary clients are classified into two categories, the Wholesale Banking Division and the Retail Banking Division. Wholesale Banking The Wholesale Banking division manages and builds the relationships with companies from all economic sectors. The financial products and services include collection and payment services, commercial credit cards for each segment, direct payroll deposit, capital market alternatives, foreign trade solutions, and corporate e-banking solutions. During the year ended December 31, 2013, the Wholesale Banking division of Banco Galicia provided assistance to approximately 67,000 companies in Argentina through multiple credit lines to finance from working capital to medium- to long-term investment projects. Galicia Office, Banco Galicia’s corporate e-banking service, provides a channel to manage the online accounts of corporate customers. Furthermore, Banco Galicia offered online training through Galicia Office to customers in various areas across the country. Foreign Trade: Banco Galicia continued to renew and update Galicia Comex, its foreign trade specialized Website. Capital Markets and Investment Banking: Banco Galicia’s capital market activity is focused on corporate debt transactions and on securitization transactions. In addition, Banco Galicia contributes to the optimization of its affiliated companies’ financing strategies. Non-Financial Public Sector: Services provided to the non-financial public sector include e-collection and payment solutions to various agencies, municipalities and universities, with technology-based, value-added solutions that facilitate and improve daily operations according to transactional needs. Retail Banking The Retail Banking Division manages Banco Galicia’s business with individuals from all income brackets, micro and smaller businesses and
grupo financiero galicia-b
Tte. Gral. Juan D. Per n 430
Buenos Aires, 1038
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