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Banco Credicoop Cooperativo Ltda. (Argentina)

Main Activities: Commercial Banking
Full name: Banco Credicoop Cooperativo Ltda. Profile Updated: October 08, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Spanish Download a sample report

Banco Credicoop Cooperativo Limitado is the largest cooperative bank in Argentina. It was formed by the merger of 44 credit banks in Buenos Aires, Greater Buenos Aires region and la Plata. In 1985 and 1995 it acquired the assets, liabilities and branches of four other cooperative banks, considerably increasing its business volume and network of branches. In 1995 it bought the branches of Banco Local Coop. Ltdo. with financing from the Fiduciary Fund, created to finance the restructure of the private banking sector after the crisis sparked off by the devaluation of the Mexican peso in December of 1994. In March of 1996 it acquired Banco Coopesur Coop. Ldo. with its business offices. Through its network of 225 branches the bank offers traditional commercial banking services, specializing in financing of small and medium-sized companies. The bank participates in the pension fund administration market through its indirect shareholding in Previsol AFJP.

Headquarters
Reconquista 484
Buenos Aires (City); Federal Capital; Postal Code: C1003ABJ

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Website: http://www.bancocredicoop.coop

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
December 21, 1978
Key Executives
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President
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First Vice president
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Second Vice president
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Internal Auditor Director
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Legal Issues Manager
Ownership Details
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0.32%
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0.22%
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0.21%
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0.2%
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0.17%
Subsidiaries
Cabal Cooperativa De Provision De Servicios Ltda.
97.85%
Proahorro Administradora de Activos S.A. Sociedad Gerente F.C.I.
95%
Instituto Movilizador De Fondos Cooperativos Soc Coop Ltda
88.16%
Company Performance
Financial values in the chart are available after Banco Credicoop Cooperativo Ltda. 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
182.19%
Net fee and commission income
44.89%
Operating profit (EBIT)
342.71%
Net Profit (Loss) for the Period
321.64%
Total assets
54.04%
Total equity
74.67%
Total Assets Trend
3.08%
Net Interest Income Trend
105.94%
Cost to Income Ratio
-24.82%
Loans to Deposits Ratio
-20.76%
Loans to Asset Ratio
-17.62%

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