Banco de la Nación Argentina (BNA; English: Bank of the Argentine Nation) is a national bank in Argentina, and the largest in the country's banking sector.
This section needs expansion. You can help by adding to it. (April 2014)
The Bank of the Argentine Nation was founded on 18 October 1891 by President Carlos Pellegrini, with the purpose of stabilizing the nation's finances following the Panic of 1890; its first director was Vicente Lorenzo Casares. In its early decades it became a leading financing source for agricultural smallholders, and later for commercial and industrial businesses, as well as handling an array of public sector transactions.[3]
The bank's reputation suffered after it was revealed that bribes had been received by the board of directors in 1994 when contacting IBM for the supply of computers, software, and communication equipment, becoming a prominent political scandal at the time.[4]
Servicesedit
This section needs expansion. You can help by adding to it. (April 2014)
Long a significant supplier of domestic lending in a credit-tight economy, the bank attempted—with only partial success—to revive the local credit market during the tenure of Gabriela Ciganotto, who stated the main goal of the bank in her inauguration speech in 2006 as "putting [the bank] at the service of production, especially small and medium businesses, and not of speculation."[5]
In December 2006[update] the bank ranked 278th in the world in terms of tier one capital (US$ 1.623 billion, or 11% of deposits in December 2006) according to a global survey of top 1000 world banks carried out by The Banker, a Financial Times publication.[6] Domestically, it has long been Argentina's largest bank; in December 2011[update] it maintained 626 branches, US$30 billion in deposits (28% of the domestic total), and a loan portfolio of US$15 billion (20% of the domestic total).[2] Its lending profile is less oriented toward consumer or mortgage lending than other leading banks in Argentina; one third of its outstanding credit is to the public sector and 80% of the remainder is allocated to commercial loans.[2] The public bank is giving to the people divers credit such as UVA credit for house mortgage.[7]
The bank's headquarters are located in the San Nicolás neighborhood of Buenos Aires on the site of the Teatro Colón's first building, bought by the national government in 1888 and later designated as main offices of the recently founded institution. The edifice was remodeled in 1910 by architect Adolfo Büttner to better suit its new role as a bank venue.
In 1938 architect Alejandro Bustillo presented a new design for a much larger building in a revivalist, French-influenced, Monumental Neoclassical style. These new 100,000 m2 (1,100,000 sq ft) headquarters were built in two stages between 1940 and 1955.[8] This building is also home to the Alejandro Bustillo Art Gallery, established in 1971, as well as to a historic and numismatic museum.[9]
Architectural evolution of the headquarters of the Bank of the Argentine Nation
banco, nación, argentina, english, bank, argentine, nation, national, bank, argentina, largest, country, banking, sector, bank, argentine, nationheadquarters, main, facade, seen, 2005native, nametypestate, enterprisefounded18, october, 1891, years, 1891, found. Banco de la Nacion Argentina BNA English Bank of the Argentine Nation is a national bank in Argentina and the largest in the country s banking sector Bank of the Argentine NationHeadquarters main facade as seen in 2005Native nameBanco de la Nacion ArgentinaTypeState enterpriseFounded18 October 1891 132 years ago 1891 10 18 FounderCarlos PellegriniHeadquartersBuenos Aires ArgentinaNumber of locationsDomestic 624 branchesOverseas 15 branchesArea servedInternationalKey peopleEduardo Hecker PresidentServicesRetail BankingBusiness financeTrade financeFactoringMutual fundsPension fundsInsuranceMortgage loansConsumer FinanceCredit cardsRevenueUS 5 1 billion 2010 2011 Net incomeUS 1 1 billion 2010 2011 Total assetsUS 36 7 billion 2011 Number of employees16 519 2011 ParentGrupo Banco NacionWebsitewww wbr bna wbr com wbr arFootnotes references 1 2 Contents 1 History 2 Services 3 Headquarters 4 Branches 5 See also 6 References 7 External linksHistory editThis section needs expansion You can help by adding to it April 2014 The Bank of the Argentine Nation was founded on 18 October 1891 by President Carlos Pellegrini with the purpose of stabilizing the nation s finances following the Panic of 1890 its first director was Vicente Lorenzo Casares In its early decades it became a leading financing source for agricultural smallholders and later for commercial and industrial businesses as well as handling an array of public sector transactions 3 The bank s reputation suffered after it was revealed that bribes had been received by the board of directors in 1994 when contacting IBM for the supply of computers software and communication equipment becoming a prominent political scandal at the time 4 Services editThis section needs expansion You can help by adding to it April 2014 Long a significant supplier of domestic lending in a credit tight economy the bank attempted with only partial success to revive the local credit market during the tenure of Gabriela Ciganotto who stated the main goal of the bank in her inauguration speech in 2006 as putting the bank at the service of production especially small and medium businesses and not of speculation 5 In December 2006 update the bank ranked 278th in the world in terms of tier one capital US 1 623 billion or 11 of deposits in December 2006 according to a global survey of top 1000 world banks carried out by The Banker a Financial Times publication 6 Domestically it has long been Argentina s largest bank in December 2011 update it maintained 626 branches US 30 billion in deposits 28 of the domestic total and a loan portfolio of US 15 billion 20 of the domestic total 2 Its lending profile is less oriented toward consumer or mortgage lending than other leading banks in Argentina one third of its outstanding credit is to the public sector and 80 of the remainder is allocated to commercial loans 2 The public bank is giving to the people divers credit such as UVA credit for house mortgage 7 Headquarters editMain article Headquarters of the Bank of the Argentine Nation The bank s headquarters are located in the San Nicolas neighborhood of Buenos Aires on the site of the Teatro Colon s first building bought by the national government in 1888 and later designated as main offices of the recently founded institution The edifice was remodeled in 1910 by architect Adolfo Buttner to better suit its new role as a bank venue In 1938 architect Alejandro Bustillo presented a new design for a much larger building in a revivalist French influenced Monumental Neoclassical style These new 100 000 m2 1 100 000 sq ft headquarters were built in two stages between 1940 and 1955 8 This building is also home to the Alejandro Bustillo Art Gallery established in 1971 as well as to a historic and numismatic museum 9 Architectural evolution of the headquarters of the Bank of the Argentine Nation nbsp Original building of the Teatro Colon c 1880 nbsp Adolfo Buttner s remodel in 1910 nbsp Current Neoclassical building by Alejandro BustilloBranches editIn December 2011 update the bank maintained 626 branches throughout Argentina 2 and 15 more overseas Santa Cruz de la Sierra Bolivia Rio de Janeiro and Sao Paulo Brazil Georgetown Cayman Islands Santiago Chile Paris Tokyo Panama City Asuncion Paraguay Madrid London New York City and Miami Montevideo Uruguay and Caracas Venezuela citation needed along with a representative office in Porto Alegre Brazil It employed 16 519 people in Argentina and more than 200 abroad 2 Selected branches of the Bank of the Argentine Nation nbsp Bahia Blanca Buenos Aires nbsp Colon Entre Rios nbsp Junin Buenos Aires nbsp Balcarce Buenos Aires nbsp Resistencia Chaco nbsp Trelew Chubut nbsp Oran Salta nbsp La Plata Buenos AiresSee also edit nbsp Banks portalClub Banco NacionReferences edit Estado de situacion patrimonial y estado de resultados PDF in Spanish Banco de la Nacion Argentina a b c d e Ranking de bancos in Spanish ABA permanent dead link BNA Nuestra historia in Spanish Archived from the original on 2010 05 29 Todo Argentina 1995 in Spanish Miceli puso en funciones a la nueva presidenta del Banco Nacion Clarin in Spanish The Banker Top 1000 World Banks PDF The Banker 2007 Archived from the original PDF on 2008 09 15 Retrieved 2009 06 19 Credito Hipotecario Uva Inflacion Que Va a Pasar Archived from the original on 2019 08 25 Retrieved 2019 08 29 Buenos Aires Banco de la Nacion Argentina in Spanish BNA Galeria de Arte Alejandro Bustillo in Spanish Archived from the original on 2011 07 18 External links edit nbsp Wikimedia Commons has media related to Banco de la Nacion Argentina Official website nbsp 34 36 26 S 58 22 17 W 34 60722 S 58 37139 W 34 60722 58 37139 Retrieved from https en wikipedia org w index php title Banco de la Nacion Argentina amp oldid 1165105330, wikipedia, wiki, book, books, library,
