DOCSLIB.ORG

BANCO DE GALICIA Y BUENOS AIRES S.A. Page 1 of 91

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
BANCO DE GALICIA Y BUENOS AIRES S.A. Page 1 of 91 BANCO DE GALICIA Y BUENOS AIRES S.A. Page 1 of 91 I N T E R I M F I N A N C I A L S T A T E M E N T S Free translation of an original version For the period from January 1, 2017 to September 30, 2017 presented in comparative format. written and expressed in Spanish. NAME: BANCO DE GALICIA Y BUENOS AIRES S.A. LEGAL DOMICILE: Tte. Gral. Juan D. Perón 430 - City of Buenos Aires. PRINCIPAL LINE OF Domestic Capital Private-Sector Commercial Bank. BUSINESS: OF BYLAWS: November 21, 1905. DATE OF REGISTRATION WITH THE COMMERCIAL COURT OF RECORD OF THE FIRST AMENDMENT 11-30-1909 and subsequent amendments, the latest being on 07-14-17 - No. 13,976 - Book 85. TO THE BYLAWS: REGISTRATION NUMBER WITH THE ARGENTINE 167,488. SUPERINTENDENCY OF CORPORATIONS: EXPIRY OF COMPANY'S BYLAWS: June 30, 2100 See Schedule E and Note 14 to the Financial Statements and in Notes to the Consolidated Financial Statements (Sec. 33 - INFORMATION ON CONTROLLED COMPANIES: Law No. 19,550). CAPITAL STATUS: See Schedule K. NAME OF THE CONTROLLING COMPANY: Grupo Financiero Galicia S.A. LEGAL DOMICILE: Tte. Gral. Juan D. Perón 430, 25 floor - Autonomous City of Buenos Aires - Argentina. PRINCIPAL LINE OF Financial and Investment Activities. BUSINESS: PERCENTAGE OF EQUITY INTEREST HELD BY THE CONTROLLING COMPANY: 100% (Note 1). PERCENTAGE OF VOTES TO WHICH THE CONTROLLING 100% (Note 1). COMPANY IS ENTITLED: Signed for purposes of identification Signed for purposes of identification with our report dated 11 - 09 - 17 with our report dated 11-09-17 PRICE WATERHOUSE & CO. S.R.L. FOR THE SUPERVISORY COMMITTEE C.P.C.E.C.A.B.A. T° 1 - F° 17 -------------------------------- -------------------------------- -------------------------------- -------------------------------- SANTIAGO J. MIGNONE (Partner) JOSE L. RONSINI FABIAN E. KON SERGIO GRINENCO NORBERTO D. CORIZZO Public Accountant (U.B.A.) ACCOUNTING MANAGER GENERAL MANAGER CHAIRMAN SYNDIC C.P.C.E.C.A.B.A. T° 233 - F° 237 BANCO DE GALICIA Y BUENOS AIRES S.A. Page 2 of 91 I N T E R I M F I N A N C I A L S T A T E M E N T S TABLE OF CONTENTS CONSOLIDATED FINANCIAL STATEMENTS.......................... Page 3 to 22 INDIVIDUAL FINANCIAL STATEMENTS.................................. Page 23 to 83 ADDITIONAL INFORMATION ........................................................ Page 84 to 85 INFORMATIVE REVIEW.................................................................. Page 86 to 91 INDEPENDENT AUDITOR'S LIMITED REVIEW REPORT REPORT OF THE SUPERVISORY COMMITTEE Signed for purposes of identification Signed for purposes of identification with our report dated 11 - 09 - 17 with our report dated 11-09-17 PRICE WATERHOUSE & CO. S.R.L. FOR THE SUPERVISORY COMMITTEE C.P.C.E.C.A.B.A. T° 1 - F° 17 -------------------------------- -------------------------------- -------------------------------- -------------------------------- SANTIAGO J. MIGNONE (Partner) JOSE L. RONSINI FABIAN E. KON SERGIO GRINENCO NORBERTO D. CORIZZO Public Accountant (U.B.A.) ACCOUNTING MANAGER GENERAL MANAGER CHAIRMAN SYNDIC C.P.C.E.C.A.B.A. T° 233 - F° 237 BANCO DE GALICIA Y BUENOS AIRES S.A. Page 3 of 91 CONSOLIDATED BALANCE SHEET (Section 33 – Law No. 19,550) For the period from January 1, 2017 Supplementary Information to the Quarterly Financial Statements to September 30, 2017, presented in comparative format FIGURES STATED IN THOUSANDS OF PESOS 09.30.2017 12.31.2016 (Unaudited) ASSETS CASH AND DUE FROM BANKS 36,143,551 61,131,992 - CASH 8,711,548 7,456,305 - FINANCIAL INSTITUTIONS AND CORRESPONDENTS 27,432,003 53,675,687 - ARGENTINE CENTRAL BANK 26,277,432 51,389,550 - OTHER LOCAL FINANCIAL INSTITUTIONS 71,426 180,897 - FOREIGN 1,083,145 2,105,240 GOVERNMENT AND CORPORATE SECURITIES 22,264,018 12,548,271 - HOLDINGS OF GOVERNMENT SECURITIES RECORDED AT FAIR MARKET VALUE 3,581,963 3,074,883 - HOLDINGS RECORDED AT COST PLUS YIELD 3,606,055 1,922,473 - INVESTMENTS IN QUOTED CORPORATE SECURITIES 543 - - SECURITIES ISSUED BY THE ARGENTINE CENTRAL BANK 15,075,457 7,550,915 LOANS 173,732,719 137,450,622 - TO THE NON-FINANCIAL PUBLIC SECTOR 231 106 - TO THE FINANCIAL SECTOR 4,105,722 2,098,037 - INTERBANK LOANS (CALL MONEY LOANS GRANTED) 1,016,797 862,300 - OTHER FINANCING TO LOCAL FINANCIAL INSTITUTIONS 2,912,142 1,205,228 - ACCRUED INTEREST, ADJUSTMENTS AND QUOTATION DIFFERENCES RECEIVABLE 176,783 30,509 - TO THE NON-FINANCIAL PRIVATE SECTOR AND RESIDENTS ABROAD 175,608,935 140,059,237 - ADVANCES 8,097,697 10,063,087 - PROMISSORY NOTES 30,000,138 25,298,418 - MORTGAGE LOANS 3,919,262 2,178,236 - COLLATERALIZED LOANS 889,274 677,879 - PERSONAL LOANS 22,994,589 15,311,721 - CREDIT CARD LOANS 77,070,070 72,765,948 - OTHER 31,291,258 12,653,202 - ACCRUED INTEREST, ADJUSTMENTS AND QUOTATION DIFFERENCES RECEIVABLE 2,046,382 1,774,831 - (UNALLOCATED COLLECTIONS) (32,719) (21,860) - (DOCUMENTED INTEREST) (667,016) (642,225) - ALLOWANCES (5,982,169) (4,706,758) OTHER RECEIVABLES RESULTING FROM FINANCIAL BROKERAGE 17,925,337 18,469,601 - ARGENTINE CENTRAL BANK 2,971,679 2,359,284 - AMOUNTS RECEIVABLE FOR SPOT AND FORWARD SALES TO BE SETTLED 3,839,171 734,375 - SECURITIES RECEIVABLE UNDER SPOT AND FORWARD PURCHASES TO BE SETTLED 4,105,011 7,851,134 - PREMIUMS FROM BOUGHT OPTIONS - 3,485 - OTHER RECEIVABLES NOT INCLUDED IN THE DEBTOR CLASSIFICATION REGULATIONS 3,971,159 4,610,896 - NEGOTIABLE OBLIGATIONS WITHOUT QUOTATION 1,305,235 1,220,155 - BALANCES FROM FORWARD TRANSACTIONS WITHOUT DELIVERY OF UNDERLYING ASSET TO BE SETTLED 249,118 111,287 - OTHER RECEIVABLES INCLUDED IN THE DEBTOR CLASSIFICATION REGULATIONS 1,682,896 1,769,308 - ACCRUED INTEREST AND ADJUSTMENTS RECEIVABLE INCLUDED IN THE DEBTOR CLASSIFICATION REGULATIONS 866 679 - ALLOWANCES (199,798) (191,002) Signed for purposes of identification Signed for purposes of identification with our report dated 11 - 09 - 17 with our report dated 11-09-17 PRICE WATERHOUSE & CO. S.R.L. FOR THE SUPERVISORY COMMITTEE C.P.C.E.C.A.B.A. T° 1 - F° 17 -------------------------------- -------------------------------- -------------------------------- -------------------------------- SANTIAGO J. MIGNONE (Partner) JOSE L. RONSINI FABIAN E. KON SERGIO GRINENCO NORBERTO D. CORIZZO Public Accountant (U.B.A.) ACCOUNTING MANAGER GENERAL MANAGER CHAIRMAN SYNDIC C.P.C.E.C.A.B.A. T° 233 - F° 237 BANCO DE GALICIA Y BUENOS AIRES S.A. Page 4 of 91 RECEIVABLES FROM FINANCIAL LEASES 1,447,883 957,788 RECEIVABLES FROM FINANCIAL LEASES 1,442,323 954,856 - ACCRUED INTEREST AND ADJUSTMENTS RECEIVABLE 24,821 17,118 - ALLOWANCES (19,261) (14,186) EQUITY INVESTMENTS 154,854 181,361 - IN FINANCIAL INSTITUTIONS 8,586 7,858 - OTHER 146,324 174,104 - ALLOWANCES (56) (601) MISCELLANEOUS RECEIVABLES 2,948,286 2,682,267 - RECEIVABLES FOR ASSETS SOLD 118,382 125,650 - MINIMUM PRESUMED INCOME TAX - TAX CREDIT 8,912 9,424 - OTHER 2,850,793 2,559,874 - ACCRUED INTEREST ON AND ADJUSTMENTS TO RECEIVABLES FOR ASSETS SOLD 2,157 1,626 - OTHER ACCRUED INTEREST AND ADJUSTMENTS RECEIVABLE 17,643 28,959 - ALLOWANCES (49,601) (43,266) BANK PREMISES AND EQUIPMENT 4,157,515 2,809,289 MISCELLANEOUS ASSETS 531,647 1,218,852 INTANGIBLE ASSETS 3,059,472 2,543,201 - ORGANIZATION AND DEVELOPMENT EXPENSES 3,059,472 2,543,201 UNALLOCATED ITEMS 60,214 64,319 TOTAL ASSETS 262,425,496 240,057,563 Signed for purposes of identification Signed for purposes of identification with our report dated 11 - 09 - 17 with our report dated 11-09-17 PRICE WATERHOUSE & CO. S.R.L. FOR THE SUPERVISORY COMMITTEE C.P.C.E.C.A.B.A. T° 1 - F° 17 -------------------------------- -------------------------------- -------------------------------- -------------------------------- SANTIAGO J. MIGNONE (Partner) JOSE L. RONSINI FABIAN E. KON SERGIO GRINENCO NORBERTO D. CORIZZO Public Accountant (U.B.A.) ACCOUNTING MANAGER GENERAL MANAGER CHAIRMAN SYNDIC C.P.C.E.C.A.B.A. T° 233 - F° 237 BANCO DE GALICIA Y BUENOS AIRES S.A. Page 5 of 91 LIABILITIES DEPOSITS 164,448,855 151,726,966 - NON-FINANCIAL PUBLIC SECTOR 1,480,890 1,294,177 - FINANCIAL SECTOR 138,580 62,957 - NON-FINANCIAL PRIVATE SECTOR AND RESIDENTS ABROAD 162,829,385 150,369,832 - CURRENT ACCOUNTS 28,564,328 26,995,121 - SAVINGS ACCOUNTS 73,597,650 53,728,361 - TIME DEPOSITS 58,019,294 49,713,710 - INVESTMENT ACCOUNTS 205,012 442,665 - OTHER 1,255,833 18,577,409 - ACCRUED INTEREST, ADJUSTMENTS AND QUOTATION DIFFERENCES PAYABLE 1,187,268 912,566 OTHER LIABILITIES RESULTING FROM FINANCIAL BROKERAGE 60,041,746 58,381,742 - ARGENTINE CENTRAL BANK 20,312 12,727 - OTHER 20,312 12,727 - BANKS AND INTERNATIONAL ENTITIES 3,592,674 2,212,995 - UNSUBORDINATED NEGOTIABLE OBLIGATIONS 15,317,898 13,273,470 - AMOUNTS PAYABLE FOR SPOT AND FORWARD PURCHASES TO BE SETTLED 4,179,528 7,818,144 - SECURITIES TO BE DELIVERED UNDER SPOT AND FORWARD SALES TO BE SETTLED 3,963,561 736,819 - PREMIUMS FROM WRITTEN OPTIONS - 2,027 - FINANCING FROM LOCAL FINANCIAL INSTITUTIONS 3,402,275 4,095,357 - INTERBANK LOANS (CALL MONEY LOANS RECEIVED) 443,539 165,000 - OTHER FINANCING FROM LOCAL FINANCIAL INSTITUTIONS 2,916,371 3,800,394 - ACCRUED INTEREST PAYABLE 42,365 129,963 - BALANCES FROM FORWARD TRANSACTIONS WITHOUT DELIVERY OF UNDERLYING ASSET TO BE SETTLED 208,911 141,013 - OTHER 28,727,418 29,717,439 - ACCRUED INTEREST, ADJUSTMENTS AND QUOTATION DIFFERENCES PAYABLE 629,169 371,751 MISCELLANEOUS LIABILITIES 7,195,963 5,233,058 - DIRECTORS' AND SYNDICS' FEES 42,498 40,446 - OTHER 7,153,465 5,192,612 PROVISIONS 572,719 352,354 SUBORDINATED NEGOTIABLE OBLIGATIONS 4,360,056 4,065,255 UNALLOCATED ITEMS 72,748 42,408 MINORITY INTERESTS 1,666,081 1,349,903 238,358,168 221,151,686 TOTAL LIABILITIES SHAREHOLDERS' EQUITY 24,067,328 18,905,877 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 262,425,496 240,057,563 Signed for purposes of identification Signed for purposes of identification with our report dated 11 - 09 - 17 with our report dated 11-09-17 PRICE WATERHOUSE & CO.
Load more

Recommended publications
  • GGAL – Country Risk Is Too High Even for the Strongest Banking Franchise
    Argentina – Equity Research June 3, 2019 GGAL – Country Risk is Too High even for the Strongest Banking Franchise We are initiating coverage of Grupo Financiero Galicia (GGAL) with a Neutral rating and a 12-month Target Price of USD 29 per ADR, which implies an upside of 17% (including a Neutral 1% dividend yield) from current prices. We view GGAL as a very strong franchise, although given the coming presidential elections and the premium at which the company trades GGAL US relative to its peers (2.6x 1Q19 P/BV vs comps at 2.1x), we belive the risk-reward is balanced at current prices. Target Price: USD 29 Our valuation is based on a Gordon Growth Model, which derives a target P/BV of 2.3x. Last Price: USD 25.00 We acknowledge that Argentine valuations are currently very dependent on the political outcome, especially in banks and utilities, given their businesses’ nature. Our valuation is consistent with our base case scenario, which includes the re-election of Macri, stabilization of the currency and GDP growth returning to positive levels next year. That said, we might review our base case and assumptions following the primary elections to be held in August. Grupo Financiero Galicia is a financial services holding company, and the owner of Banco Galicia (GALIAR). GALIAR is the largest Argentine private bank, measured by loans, and second measured by assets. GGAL also offers proprietary brand credit cards and consumer finance services through its subsidiary Tarjetas Regionales (83% ownership Source: Bloomberg, Cohen. interest), as well as insurance (Galicia Seguros) and brokerage services (Galicia Note: 2019 Net Income excludes gain related to Prisma sale Administradora de Fondos).
    [Show full text]
  • Mobile Cash: La Utilización De Cajeros Automáticos Para La Carga Y Extracción De Efectivo En Dispositivos Móviles”
    Maestría Gestión de Servicios Tecnológicos y Telecomunicaciones Tema de Tesis: “Mobile Cash: La utilización de cajeros automáticos para la carga y extracción de efectivo en dispositivos móviles” Director de Tesis: Dr. Alejandro Prince Maestrando: Ing. Alejandra Bossetti “Mobile Cash: La utilización de cajeros automáticos para la MGSTT carga y extracción de efectivo en dispositivos móviles” Año 2013 Índice: Resumen: .......................................................................................................................... 7 Palabras clave: ............................................................................................................... 8 Capítulo 1. Introducción ................................................................................................. 8 1.1 Justificación ............................................................................................................. 8 1.2 Objetivos y Alcance ............................................................................................... 10 1.3 Hipótesis ................................................................................................................ 11 1.4 Variables de análisis .............................................................................................. 12 1.5 Importancia del tema (nota del autor) .................................................................... 12 1.6 Marco Teórico ........................................................................................................ 13 1.7 Metodología
    [Show full text]
  • GRUPO SUPERVIELLE S.A. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2019 Commission file number 001-37777 GRUPO SUPERVIELLE S.A. (Exact name of Registrant as specified in its charter) SUPERVIELLE GROUP S.A. (Translation of Registrant’s name into English) REPUBLIC OF ARGENTINA (Jurisdiction of incorporation or organization) Bartolomé Mitre 434, 5th Floor C1036AAH Buenos Aires Republic of Argentina (Address of principal executive offices) Alejandra Naughton Bartolomé Mitre 434, 5th Floor C1036AAH Buenos Aires Republic of Argentina Tel: 54-11-4340-3053 Email: [email protected] (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act. Trading Name of each exchange Title of each class Symbol(s) on which registered American Depositary Shares, each representing 5 Class B SUPV New York Stock Exchange shares of Grupo Supervielle S.A. Class B shares of Grupo Supervielle S.A. SUPV New York Stock Exchange* *Not for trading, but only in connection with the registration of American Depositary Shares pursuant to the requirements of the New York Stock Exchange. Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None The number of outstanding shares of each of the issuer’s classes of capital or common stock as of December 31, 2019 was: Title of class Number of shares outstanding Class B ordinary shares, nominal value Ps.1.00 per share 394,984,134 Class A ordinary shares, nominal value Ps.1.00 per share 61,738,188 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]
  • HSBC Holdings Plc 1999 Annual Report and Accounts
    The HSBC Group Headquartered in London, HSBC Holdings plc is one of the largest banking and financial services organisations in the world. The HSBC Group’s international network comprises more than 5,000 offices in 80 countries and territories in the Asia-Pacific region, Europe, the Americas, the Middle East and Africa. With listings on the London, Hong Kong and New York stock exchanges, shares in HSBC Holdings plc are held by more than 175,000 shareholders in some 100 countries and territories. The shares are traded on the New York Stock Exchange in the form of American Depositary Receipts. Through a global network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal, commercial, corporate, investment and private banking; trade services; cash management; treasury and capital markets services; insurance; consumer and business finance; pension and investment fund management; trustee services; and securities and custody services. Illustrative Theme Building the brand During 1999, members of the HSBC Group throughout the world — from Auckland, New Zealand to Zabbar, Malta — worked towards establishing HSBC and the hexagon symbol as a global brand synonymous with integrity, trust and excellent customer service. The creation of the brand is one of the key objectives of the Group’s strategic plan. As part of the branding exercise, we changed the legal names of most of the Group’s wholly owned commercial banks, as well as s ubsidiaries involved in a number of other businesses. To support the initiative, we also launched a major advertising campaign in our key markets.
    [Show full text]
  • PAYMENTS and SECURITIES CLEARANCE and SETTLEMENT SYSTEMS in ARGENTINA Primera Edición, 2000
    46257 CENTRE FOR LATIN AMERICAN MONETARY STUDIES Public Disclosure Authorized PAYMENTS AND SECURITIES CLEARANCE AND Public Disclosure Authorized SETTLEMENT SYSTEMS IN ARGENTINA Public Disclosure Authorized AUGUST 2000 Public Disclosure Authorized PAYMENTS AND SECURITIES CLEARANCE AND SETTLEMENT SYSTEMS IN ARGENTINA Primera edición, 2000 Derechos exclusivos en español reservados conforme a la ley © Centro de Estudios Monetarios Latinoamericanos, 2000 Durango 54, México, D.F. 06700 ISBN 968-6154-70-1 Impreso y hecho en México Printed and made in Mexico PAYMENTS AND SECURITIES CLEARANCE AND SETTLEMENT SYSTEMS IN ARGENTINA WORLD BANK CENTRE FOR LATIN AMERICAN MONETARY STUDIES WESTERN HEMISPHERE PAYMENTS AND SECURITIES CLEARANCE AND SETTLEMENT INITIATIVE Foreword Following a request from the Western Hemisphere Finance Ministers, the World Bank launched in January 1999 the Western Hemisphere Payments and Securities Clearance and Settlement Initiative. The World Bank (WB) in partnership with the Centre for Latin American Studies (CEMLA), leads this Initiative. Its objective is to describe and assess the payments systems of the Western Hemisphere with a view to identifying possible improvement measures in their safety, efficiency and integrity. To carry out this mandate an International Advisory Council (IAC) was established in March 1999 comprised of experts in the field from several institutions. In addition to representatives from the WB and CEMLA this Council includes members from the Secretariat of the Comittee on Payment and Settlement Systems (CPSS, Bank for International Settlements), Bank of Italy, Bank of Portugal, Bank of Spain, Council of Securities Regulators of the Americas (COSRA), European Central Bank, Federal Reserve Board, Federal Reserve Bank of New York, Inter-American Development Bank, International Monetary Fund, International Organization of Securities Regulators (IOSCO), Securities Commission of Spain and U.S.
    [Show full text]
  • BANCO DE GALICIA Y BUENOS AIRES S.A. Page 1 of 96
    BANCO DE GALICIA Y BUENOS AIRES S.A. Page 1 of 96 A N N U A L F I N A N C I A L S T A T E M E N T S For the fiscal year from January 1, 2017 to December 31, 2017, presented in comparative format. Free translation of an original version NAME: BANCO DE GALICIA Y BUENOS AIRES S.A. written and expressed in Spanish. LEGAL DOMICILE: Tte. Gral. Juan D. Perón 430 - City of Buenos Aires. PRINCIPAL LINE OF Domestic Capital Private-Sector Commercial Bank. BUSINESS: OF BYLAWS: November 21, 1905. DATE OF REGISTRATION WITH THE COMMERCIAL COURT OF RECORD OF THE FIRST AMENDMENT 11-30-1909 and subsequent amendments, the latest being on 07-14-17 - No. 13,976 - Book 85 TO THE BYLAWS: (Note 13). REGISTRATION NUMBER WITH THE ARGENTINE 167,488. SUPERINTENDENCY OF CORPORATIONS: EXPIRY OF COMPANY'S BYLAWS: June 30, 2100 See Schedule E and Note 14 to the Financial Statements and in Notes to the Consolidated Financial Statements (Sec. 33 - INFORMATION ON CONTROLLED COMPANIES: Law No. 19,550). CAPITAL STATUS: See Schedule K and note 13. NAME OF THE CONTROLLING COMPANY: Grupo Financiero Galicia S.A. LEGAL DOMICILE: Tte. Gral. Juan D. Perón 430, 25 floor - Autonomous City of Buenos Aires - Argentina. PRINCIPAL LINE OF Financial and Investment Activities. BUSINESS: PERCENTAGE OF EQUITY INTEREST HELD BY THE CONTROLLING COMPANY: 100% (Note 1). PERCENTAGE OF VOTES TO WHICH THE CONTROLLING 100% (Note 1). COMPANY IS ENTITLED: BANCO DE GALICIA Y BUENOS AIRES S.A. Page 2 of 96 A N N U A L F I N A N C I A L S T A T E M E N T S TABLE OF CONTENTS CONSOLIDATED FINANCIAL STATEMENTS.........................
    [Show full text]
  • GRUPO FINANCIERO GALICIA SA Mailing Address Business Address TTE
    SECURITIES AND EXCHANGE COMMISSION FORM 20-F Annual and transition report of foreign private issuers pursuant to sections 13 or 15(d) Filing Date: 2018-04-19 | Period of Report: 2017-12-31 SEC Accession No. 0001193125-18-122635 (HTML Version on secdatabase.com) FILER GRUPO FINANCIERO GALICIA SA Mailing Address Business Address TTE. GRAL. JUAN D. PERON TTE. GRAL. JUAN D. PERON CIK:1114700| IRS No.: 000000000 | State of Incorp.:C1 | Fiscal Year End: 1231 430 430 Type: 20-F | Act: 34 | File No.: 000-30852 | Film No.: 18763854 25TH FLOOR 25TH FLOOR SIC: 6029 Commercial banks, nec BUENOS AIRES C1 BUENOS AIRES C1 CP1038AAJ CP1038AAJ 0115411434 Copyright © 2018 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON APRIL 19, 2018 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20F (Mark One) ☐ Registration Statement pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 or ☒ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2017 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to or ☐ Shell Company Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of event requiring this Shell Company Report Commission File Number 000-30852 GRUPO FINANCIERO GALICIA S.A. (Exact name of Registrant as specified in its charter) GALICIA FINANCIAL GROUP (Translation of Registrants name into English) REPUBLIC OF ARGENTINA (Jurisdiction of incorporation or organization) Grupo Financiero Galicia S.A.
    [Show full text]
  • Australia's New Push for Real-Time Payments and Open
    www.cardsinternational.com Issue 546 / AUGUST 2017 CROSSING THE BARRIERS AUSTRALIA’S NEW PUSH FOR REAL-TIME PAYMENTS AND OPEN BANKING COUNTRY SNAPSHOTS FEATURE INSIGHT The card payment scenes in Cards launch the fightback New regulation to tackle Argentina, Mexico and the against cash in the Middle consumer affordability and Czech Republic East and Africa persistent debt CI August 546.indd 1 31/08/2017 17:49:08 contents this month NEWS COVER STORY 05 / EDITOR’S LETTER REAL-TIME PAYMENTS 06 / DIGEST • HDFC Bank launches prepaid card for students travelling abroad AND OPEN BANKING IN • Mobile contactless spending surges • UK’s eMerchantPay receives licence • DPO completes acquisition AUSTRALIA • VTB Bank, Mastercard to issue new contactless card in Armenia • Wirecard extends support for Singtel • ICICI Bank debuts instant credit card • US debit card fraud loss rates fall 28% in 2016 after EMV launch • Commonwealth Bank to refund $8m • UnionPay partners with VTB24 • Central Payment, CardFlight to provide SwipeSimple mPOS • Worldpay sold to Vantiv for $10.4bn 10 • Australian credit card fraud up 78% Editor: Douglas Blakey Group Editorial Director: Director of Events: Ray Giddings +44 (0)20 7406 6523 Ana Gyorkos +44 (0)20 3096 2585 [email protected] +44 (0)20 7406 6707 [email protected] [email protected] Deputy Editor: Anna Milne Head of Subscriptions: +44 (0)20 7406 6701 Sub-editor: Nick Midgley Alex Aubrey [email protected] +44 (0)161 359 5829 +44 (0)20 3096 2603 [email protected] [email protected] Senior Reporter: Patrick Brusnahan Publishing Assistant: Sales Executive: Jamie Baker +44 (0)20 7406 6526 Joe Pickard +44 203 096 2622 [email protected] +44 (0)20 7406 6592 [email protected] [email protected] Customer Services: +44 (0)20 3096 2603 or +44 (0)20 3096 2636, [email protected] Financial News Publishing, 2012.
    [Show full text]
  • Growing and Making Others' Grow
    2010SUSTAINABILITY REPORT GROWING AND MAKING OTHERS’ GROW RESPONSIBILITY CORPORATE GOVERNANCE 2010SUSTAINABILITY REPORT TRANSPARENCY CUSTOMERS TRUST QUALITY ASSURANCE SERVICE EMPLOYEES DEVELOPMENT BANCO GALICIA WORKS TOWARDS CREATING SHARED VALUE FUTURE OPPORTUNITIES THAT FOSTER THE GROWTH OF ITS ENTITY AND OF THE SOCIETY AS WELL. COMMITMENT COMMUNITY THE PURPOSE OF THIS REPORT IS TO SHARE WITH OUR CUSTOMERS, EMPLOYEES, SUPPLIERS AND THE ENTIRE COMMUNITY ETHICAL BEHAVIOR HOW WE TURN EACH AND EVERY OF THESE WORDS INTO REAL SUSTAINABLE ACTIONS. PROGRESS FAIRNESS OPPORTUNITIES SUPPLIERS ALLIANCES VALUE 1905 - 2010 ENVIRONMENT BANCO GALICIA ACCOMPANIES ARGENTINA’S GROWTH PROTECTION PRESERVATION HEALTH WORK EDUCATION TABLE OF CONTENTS MAIN PARAMETERS 0 4 0 6 0 8 1 0 1 2 1 6 2 2 page page page page page page page LETTER FROM MESSAGE FROM INTRODUCTION BANCO GALICIA’S CORPORATE BANCO GALICIA MAIN SUSTAINABILITY THE CHAIRMAN THE CHIEF EXECUTIVE FIGURES GOVERNANCE AS A SOCIAL ACTOR ACHIEVEMENTS OFFICER - Net Income: - 7 Directors and - Intercompany entities where - Key issues within our $ 469.1 million 5 Alternate Directors Banco Galicia participates: 12 work in 2010 - Total Loans: - Structured under - Institutional strengthening $ 16,670 million 11 Committees for 242 CSOs. - Access points nationwide: - 1,242 hours of training - Awards and distinctions 1,711 in Prevention of Money received during the Laundering issues reporting period: 12 2 4 4 2 5 4 6 6 7 0 7 9 8 0 8 2 page page page page page page page page CUSTOMERS EMPLOYEES COMMUNITY SUPPLIERS
    [Show full text]