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Banco de Formosa S.A. (Argentina)

Main Activities: Commercial Banking
Full name: Banco de Formosa S.A. 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

Formosa Bank began operations in August 1961 as a provincial bank. On December 6, 1995 was becoming privatized corporation. Today the bank has 10 branches, 9 are in Formosa and one Federal Capital.

Headquarters
25 de Mayo 102
Formosa; Formosa; Postal Code: P3600AXO

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Website: http://www.bancodeformosa.com

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
June 16, 1995
Key Executives
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President
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Legal Issues Manager
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Chief Administrative Officer
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Manager of Human Resources
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Sales Manager
Ownership Details
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44.29%
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31.08%
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10.71%
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8%
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4.86%
Subsidiaries
Banco BLADEX S.A. (Panama)
Compañia de Servicios Públicos Clorinda Ltda.
Provincanje S.A.
Company Performance
Financial values in the chart are available after Banco de Formosa S.A. 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
50.51%
Net fee and commission income
43.37%
Operating profit (EBIT)
10.87%
Net Profit (Loss) for the Period
-6.4%
Total assets
54.54%
Total equity
32.1%
Total Assets Trend
16.41%
Net Interest Income Trend
-37.14%
Cost to Income Ratio
8.35%
Loans to Deposits Ratio
-13.02%
Loans to Asset Ratio
-10.37%

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