Founded in 1908, Banco Rio de la Plata S.A. (BANCO RIO), is a private bank which provides financial services in Argentina to individuals, companies (medium,small and large), financial institutions and to the public sector at provincial and national level. It is part of the Banco Santander Central Hispano franchise in Latin America (the Spanish group owns 80,31% of shares).
It currently has a network of 279 branches and 214 points of sale with more than 5.078 employees serving more than 1.000.000 customers.
Banco Rio is an integrated banking institution covering a wide range of commercial banking activities, and investment and financial services for large, medium and small companies as well as individual clients.The Bank"s commercial activities include products and services such
as personal loans,deposits, credit and debit cards, and overdraft giro agreements. The Bank also acts as a merchant bank and in project finance.
It develops and sells mutual funds, insurance and grants export finance and other fund management services.
Its shares are traded on the Argentinian Stock Exchange and as ADRs on NYSE.
