Banco Macro S.A
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
CARTERAS MERVAL Y M.AR 2011
COMPOSICIÓN DE LA CARTERA DEL INDICE MERVAL MERVAL INDEX PORTFOLIO AND WEIGHTS PRIMER TRIMESTRE DE 2011 TERCER TRIMESTRE DE 2011 - First Quarter 2011 - - Third Quarter 2011 - Especie % Especie % Especie % Especie % -Stock- -Stock- -Stock- -Stock- Grupo Financiero Galicia 18.32% Banco Hipotecario 3.98% Grupo Financiero Galicia 15.65% Petrobras Energía 3.30% Tenaris 15.53% Edenor 3.61% Petroleo Brasileiro 10.26% Edenor 3.02% Petroleo Brasileiro 11.48% Transener 3.13% Telecom Argentina 9.81% Molinos 2.61% Pampa Energía 7.82% Banco Macro 3.07% Tenaris 9.07% Banco Patagonia 2.57% Telecom Argentina 7.18% Petrobras Energía 2.82% Pampa Energía 7.75% Mirgor 2.52% Siderar 5.79% YPF 1.81% Banco Francés 6.10% Ledesma 2.36% Banco Francés 4.90% Molinos 1.31% YPF 5.60% Transener 2.22% Aluar 4.01% Ledesma 1.25% Siderar 4.96% Banco Hipoetecario 2.06% Banco Patagonia 3.98% Banco Macro 4.66% Comercial del Plata 1.85% Aluar 3.64% SEGUNDO TRIMESTRE DE 2011 CUARTO TRIMESTRE DE 2011 - Second Quarter 2011 - - Fourth Quarter 2011 - Especie % Especie % Especie % Especie % -Stock- -Stock- -Stock- -Stock- Grupo Financiero Galicia 15.85% Banco Hipotecario 3.72% Grupo Financiero Galicia 18.45% Edenor 2.94% Petroleo Brasileiro 12.29% Edenor 3.67% Tenaris 14.56% Aluar 2.79% Tenaris 9.82% YPF 3.49% Telecom Argentina 8.85% Petrobrás Argentina S:A. 2.75% Pampa Energía 8.85% Petrobras Energía 3.18% Banco Macro 7.32% Molinos 2.07% Telecom Argentina 8.03% Transener 3.16% Pampa Energía 7.13% Comercial del Plata 1.81% Siderar 5.80% Banco Macro 3.15% Petroleo Brasileiro 6.87% -
Annual Report Edenor Table of Contents
2010 annual report Edenor table of contents Introduction Concession Area 3 Supervisory and Administration Bodies – 2010 Fiscal Year 5 Board of Directors 5 Supervisory Committee 6 Call to Meeting 7 CHAPTER 1: Economic Context and Regulatory Framework a. Argentine Economic Situation 10 b. Energy Sector 11 c. Regulation and Control 13 CHAPTER 2: Analysis of the Economic-Financial Operations and Results a. Relevant Data 15 b. Analysis of the Financial and Equity Condition 17 c. Investment 18 d. Financial Debt and Description of Main Sources of Funding 21 e. Description of Main Sources of Funding 23 f. Analysis of Financial Results 25 g. Main Economic Ratios 26 h. Allocation of Income/(Loss) for the Year 26 i. Business Management 26 j. Large Customers 28 k. Rates 30 l. Energy Purchase 33 m. Energy Losses 34 n. Delinquency Management 35 o. Technical Management 37 p. Service Quality 41 q. Product Quality 42 CHAPTER 3: SUPPORT TASKS a. Human Resources 44 b. It and Telecommunication 47 CHAPTER 4: RELATED PARTIES a. Description of the Economic Group 51 b. Most Significant Operations with Related Parties 53 CHAPTER 5: Business Social Responsibility a. Business Social Responsibility 56 b. Industrial Safety 58 c. Public Safety 58 d. Management of Quality 60 e. Environmental Management 61 f. Educational Programs 61 g. Actions with the Community 62 SCHEDULE I - Corporate Governance Report CNV General Resolution 516/2007 65 FINANCIAL STATEMENTS 72 3 CONCESSION AREA Edenor exclusively renders distribution and and Río de La Plata avenue. In the Province of marketing services of electrical energy to all Buenos Aires, it comprises the Districts Belén de users connected to the power supply network Escobar, General Las Heras, General Rodríguez, in the following area: In the Capital City: the former General Sarmiento (which now includes area defined by Dock “D”, street with no name, San Miguel, Malvinas Argentinas and José C. -
Prospecto De Prórroga
PROSPECTO Programa de Emisión de Obligaciones Negociables por un monto nominal máximo en circulación en cualquier momento de hasta US$ 500.000.000 (o su equivalente en pesos o en otras monedas) de BANCO SANTANDER RÍO S.A. (constituido de conformidad con las leyes de la República Argentina) Banco Santander Río S.A. (“Santander Río” o el “Banco” o el “Emisor”), una sociedad anónima constituida de conformidad con las leyes de la República Argentina (“Argentina”), y sujeta a todas las leyes, normas y reglamentaciones aplicables, podrá periódicamente emitir en una o más series y/o clases (las “Series” y “Clases”) (según los términos que se definen en el presente) obligaciones negociables con los plazos que se estipulen en cada suplemento de precio aplicable (las “Obligaciones Negociables”) en virtud del programa descripto en el presente prospecto (el “Programa”). El monto nominal máximo en circulación en cualquier momento del Programa es de hasta US$ 500.000.000 (o su equivalente en pesos o en otras monedas calculado según se describe en el presente). Excepto según se describe con mayor detalle en este prospecto de Programa (el “Prospecto”), las Obligaciones Negociables emitidas de conformidad con el Programa podrán (i) ser denominadas en la moneda o en las monedas que se convengan, (ii) tener el vencimiento mínimo desde la fecha de emisión que autorice la normativa vigente, (iii) emitirse a la par o con prima o descuento sobre la par, (iv) devengar intereses sobre una tasa fija o variable (o en relación con una base) o emitirse a una base totalmente descontada sin devengar intereses, (v) establecer que el monto anual pagadero por rescate sea fijo o en relación con un índice o fórmula y/o (vi) estar garantizadas o subordinadas, y/o (vii) establecer que el pago del capital y/o de los intereses deberá hacerse en una moneda o en monedas que no sea la moneda original de emisión. -
The Mineral Industry of Argentina in 2011
2011 Minerals Yearbook ARGENTINA U.S. Department of the Interior September 2013 U.S. Geological Survey THE MINERAL INDUSTRY OF ARGENTINA By Susan Wacaster Argentina is a mineral-rich country that produces and Government Policies and Programs exports mineral commodities and raw materials. Argentina has deposits of metals, including copper, gold, lead, silver, Argentina’s Mining Code [El Codigo de Mineria] was and zinc; energy minerals, including natural gas, crude enacted by the Argentine Congress on November 25, 1886. The petroleum, and uranium; a wide variety of industrial minerals; Mining Code underwent significant revisions in 1993 with the and minerals that are important for numerous industrial and enactment of law No. 22,224 (Mining Reorganization Law) manufacturing applications, such as cadmium and lithium. The and law No. 24,228 (Federal Mining Covenant); in 1995 with value of production of goods (including those from agriculture, the enactment of law No. 24,498 (Mining Modernization Law), forestry, and livestock; construction; electricity, gas, and water; law No. 24,523 (creation of the National Mining Trade System fishing; manufacturing; and mining and quarrying industries) of the Mining Secretariat), and law No. 24,585 (Environmental accounted for 37.6% of the country’s nominal gross domestic Protection Mining Law); and in 1997 with the passage of law product (GDP) in 2011 compared with 37.9% in 2010. In No. 25,225 (modifications) (Secretaría de Minería de la Nación, 2011, Argentina was estimated to be the world’s second ranked 2011). producer of boron and the fourth ranked producer of lithium and Argentina’s Secretaría de Minería de la Nación [Mining strontium (from celestite) (Angulo, 2012a, b; Instituto Nacional Secretariat] is responsible for the administration, development, de Estadística y Censos, 2012a; Jaskula, 2012). -
Banco Macro S.A
BANCO MACRO S.A. Financial Statements as of September 30, 2017, together with the review report on interim-period financial statements CONTENTS Review report on interim-period financial statements Cover Balance sheets Statements of income Statements of changes in shareholders’ equity Statements of cash flows Notes to the financial statements Exhibits A through L, N and O Consolidated balance sheets Consolidated statements of income Consolidated statements of cash flows Consolidated statements of debtors by situation Notes to the consolidated financial statements with subsidiaries REVIEW REPORT ON INTERIM-PERIOD FINANCIAL STATEMENTS To the Directors of BANCO MACRO S.A. Registered office: Sarmiento 447 City of Buenos Aires I. Report on the financial statements Introduction 1. We have reviewed (a) the accompanying interim financial statements of BANCO MACRO S.A. (“the Bank”), (b) the accompanying interim consolidated financial statements of BANCO MACRO S.A. and its subsidiaries, which comprise the related balance sheets as of September 30, 2017, and the statements of income, changes in shareholders’ equity and cash flows and cash equivalents for the nine-month period then ended, and (c) a summary of the significant accounting policies and additional explanatory information. Responsibility of the Bank’s Management and Board of Directors in connection with the financial statements 2. The Bank’s Management and Board of Directors are responsible for the preparation and presentation of these financial statements in accordance with the accounting standards established by the BCRA (Central Bank of Argentina) and are also responsible for performing the internal control procedures that they may deem necessary to allow for the preparation of interim-period financial statements that are free from material misstatements, either due to errors or irregularities. -
Boletin Septiembre05
THE ARGENTINE EMBASSY IN THE UNITED KINGDOM ECONOMIC & COMMERCIAL SECTION 65 Brook St. London W1K 4AH Tel: 020 7318-1300 Fax: 020 7318-1331 [email protected] www.argentine-embassy-uk.org NEWSLETTER SEPTEMBER 2005 Content ARGENTINE ECONOMIC OVERVIEW *Extracts from the statement made by President Néstor Kirchner at the United Nations General Assembly (14 September 2005) FINANCIAL SECTOR *Private debt restructuring – Telecom Argentina reached an agreement with its creditors *Argentina cancelled its auction of the new Boden 2015 bonds INVESTMENTS IN ARGENTINA *Investment increased by 24.4% in the second quarter of 2005 *Internal report from the Ministry of Economy on investment and its crucial role in the Argentine economy recovery *Investment in the meat industry *The textile industry could receive investments for 3bn pesos in five years *Bunge Argentina inaugurates a new port facility in Ramallo *The Canadian mining company Barrick Gold started its operations in San Juan *Intel, the world’s largest microchip maker, announces the implementation of two IT projects in Argentina *The Mexican Group Posadas will invest US$ 3.2 million in Argentina *Investments of 1bn pesos in public works NEWS *The Argentine economy grew by 7.8% in July 2005 *Industry activity grew by 7.6% in August 2005 *Primary fiscal surplus of 1.8bn pesos in August 2005 *Tax collection rose by 21.2% in August 2005 *Consumer prices index (CPI) increased by 0.4% in August 2005 *Poverty and extreme poverty fell to 38.5% and 13.6%, respectively *Inventors of products for the -
Tablas De Comisiones En El Sistema Financiero Argentino
Tablas de Comisiones en el Sistema Financiero Argentino Caja de Ahorros Cuenta Corriente Paquete Premium Paquete Básico Paquete Previsional con adelanto de Haberes Jubilatorios Tarjetas de Crédito Información al 01.05.2016 Caja de ahorros Las Caja de Ahorros son gratuitas en su apertura, mantenimiento Para las cuentas sueldo/previsionales, las entidades no pueden y en la provisión de una tarjeta de débito a cada titular al momen- cobrar por extracciones por hasta el total del haber dentro del to de la apertura de la cuenta. sistema bancario, o sea que a diferencia de las caja de ahorros, no También son gratuitas todas las operaciones por ventanilla, las pueden cobrar por retiros en cajeros de otras entidades, indepen- transferencias bancarias y las operaciones que se realicen a través dientemente de las redes. de cajeros automáticos y terminales de autoservicio dentro de alguna sucursal de la misma entidad de la que es cliente. Tiene costo el uso de cajeros automáticos de otros bancos y de los que estén instalados fuera de las sucursales bancarias, como por ejemplo supermercados, shoppings y estaciones de servicio aún cuando sean de la propia entidad. Denominación Apertura Provisión Emi- Reposi- Uso de Uso de Uso de Uso de Uso de Tasa Entidad y mante- tarjeta sión de ción de cajeros cajeros cajeros cajeros cajero Efectiva nimiento débito a tarjeta Tarjetas automá- auto- auto- auto- automá- Mínima de titulares de débi- de dé- ticos en máticos máticos máticos tico en el cuenta en la to adicio- bito por sucursa- fuera de de otros de otros exterior apertura nal robo o les de la sucursa- bancos- bancos- mensual extravío entidad les ban- misma distinta carias red red (por ej: super- mer- cados, shop- pings) Banco Credicoop $ 0,00 $ 0,00 $ 0,00 $ 10,29 $ 0,00 $ 10,89 $ 10,89 $ 12,10 U$S 3.00 0,25% Cooperativo Limitado Banco de Galicia $ 0,00 $ 0,00 $ 0,00 $ 33,18 $ 0,00 $ 0,00 $ 12,80 $ 14,60 $ 5 más 0,01% y Buenos Aires S.A. -
Bolsas Y Mercados Argentinos Indices Methodology Consultation
Bolsas y Mercados Argentinos Indices Methodology Consultation BUENOS AIRES, NOVEMBER 5, 2018: In March 2018, Bolsas y Mercados Argentinos (“BYMA”) and S&P Dow Jones Indices (“S&P DJI”) signed an Index Operation and License Agreement. The partnership between BYMA and S&P DJI, the world’s leading provider of index-based concepts, data and research, includes the adoption of international index methodology standards and the integration of operational processes and business strategies and enhances the visibility, governance, and transparency of the existing indices. The agreement also enables the development, licensing, distribution and management of current and future indices which will be designed to serve as innovative and practical tools for local and global investors. The new and existing BYMA indices will be co- branded under the “S&P/MERVAL” and “S&P/BYMA” names (the “Indices”) that can be used to underlie liquid financial products, expanding the breadth and depth of the Argentine capital market. As part of this transition, S&P DJI and BYMA are conducting a consultation with members of the investment community on potential changes to the following BYMA indices to ensure that they continue to meet their objectives and are aligned with the needs of local and international market participants. BYMA Argentina General Index (Also known as Índice General de la Bolsa de Comercio de Buenos Aires) MERVAL Index MERVAL Argentina Index S&P DJI SUPPORTING DOCUMENTS This consultation is meant to be read in conjunction with supporting documents providing greater detail with respect to the S&P DJI policies, procedures and calculations described herein. -
BANCO MACRO S.A. (Incorporated in the Republic of Argentina) Global Medium-Term Note Program
BASE PROSPECTUS US$700,000,000 BANCO MACRO S.A. (incorporated in the Republic of Argentina) Global Medium-Term Note Program We may from time to time issue notes in one or more series under our Global Medium-Term Note Program. The maximum aggregate principal amount of all notes we may have outstanding under this program at any time is limited to US$700,000,000 (or its equivalent in other currencies). We will describe the specific terms and conditions of each series of notes in a Final Terms. Notes issued under this program may: • be denominated in U.S. dollars or another currency or currencies; • have maturities of no less than 30 days from the date of issue; • bear interest at a fixed or floating rate or be issued on a non-interest bearing basis; and • provide for redemption at our option or at the holder’s option. We may redeem all, but not part, of a series of notes, at our option, upon the occurrence of specified Argentine tax events at a price equal to 100% of the principal amount plus accrued and unpaid interest. Unless otherwise specified in the Final Terms applicable to a series of notes, the notes will constitute our direct, unconditional, unsecured and unsubordinated obligations and will rank at all times at least pari passu in right of payment with all our other existing and future unsecured and unsubordinated indebtedness (other than obligations preferred by statute or by operation of law). We may apply to have the notes of a series listed on the Luxembourg Stock Exchange for trading on the Euro MTF, the market of the Luxembourg Stock Exchange, and listed on the Buenos Aires Stock Exchange (Bolsa de Comercio de Buenos Aires). -
Apresentação Do Powerpoint
Investor Relations April 2019 COMPANY REPRESENTATIVES Jorge Scarinci, CFA Nicolás A. Torres Chief Financial Officer Investor Relations DICLAIMER The information contained in this presentation is confidential and has been prepared solely for informational purposes. This presentation contains forward-looking statements which are based largely on our current beliefs, expectations and projections about future events and financial trends affecting our business. Many important factors could cause our actual results to differ substantially from those anticipated in our forward-looking statements among other things: inflation; changes in interest rates and the cost of deposits; government regulation; adverse legal or regulatory disputes or proceedings; credit and other risks of lending, such as increases in defaults by borrowers; fluctuations and declines in the value of Argentine public debt; competition in banking, financial services; deterioration in regional and national business and economic conditions in Argentina; and fluctuations in the exchange rate of the peso. Banco Macro financial results presented as of December 31, 2018 are stated in accordance with Central Bank Rules. 2 AGENDA 01. Section I - BMA Business Overview 02. Section II - BMA Strengths and Opportunities 03. Section III - BMA Financial Performance 04. Section IV - Financial System & Argentine Economy 05. Section V - Appendix 3 SECTION I BMA Business Overview MACRO IN A NUTSHELL 01 A Leading Private Sector Bank in Argentina 02 Presence in Fast Growing Segments 03 Strong Profitability -
519 NYSE, NYSE Arca and NYSE Amex-Listed Non-US Issuers from 47
519 NYSE, NYSE Arca and NYSE Amex-listed non-U.S. Issuers from 47 Countries (as of December 31, 2010) As of January 2009, Amex-listed non-U.S. Issuers have been included in this document Share Country Issuer † Symbol Market Industry Listed Type IPO ARGENTINA (10 DR Issuers ) Banco Macro S.A. BMA NYSE Banks 3/24/06 A IPO BBVA Banco Francés S.A. BFR NYSE Banks 11/24/93 A IPO Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) EDN NYSE Electricity 4/26/07 A IPO IRSA-Inversiones y Representaciones, S.A. IRS NYSE Real Estate Investment & Services 12/20/94 G IPO Nortel Inversora S.A. NTL NYSE Fixed Line Telecommunications 6/17/97 A IPO Pampa Energia S.A. PAM NYSE Electricity 10/9/09 A Petrobras Argentina S.A. PZE NYSE Oil & Gas Producers 1/26/00 A Telecom Argentina S.A. TEO NYSE Fixed Line Telecommunications 12/9/94 A Transportadora de Gas del Sur, S.A. TGS NYSE Oil Equipment, Services & Distribution 11/17/94 A YPF Sociedad Anónima YPF NYSE Oil & Gas Producers 6/29/93 A IPO AUSTRALIA (6 ADR Issuers ) Alumina Limited AWC NYSE Industrial Metals & Mining 1/2/90 A BHP Billiton Limited BHP NYSE Mining 5/28/87 A IPO James Hardie Industries N.V. JHX NYSE Construction & Materials 10/22/01 A Samson Oil & Gas Limited K SSN NYSE Amex Oil & Gas Producers 1/7/08 A Sims Group Limited SMS NYSE Support Services 3/17/08 A Westpac Banking Corporation WBK NYSE Banks 3/17/89 A IPO BAHAMAS (4 non-ADR Issuers ) Teekay LNG Partners L.P. -
Denominacion De La Entidad : Banco Hipotecario Nacional
ESTADO DE SITUACION PATRIMONIAL Correspondiente al período económico finalizado el 30/09/2017 Comparativo con el cierre del ejercicio anterior En miles de pesos 2017 2016 ACTIVO A Disponibilidades (Nota 2.1) 3.260.691 7.099.631 Efectivo 801.600 714.529 Entidades financieras y corresponsales 2.459.091 6.385.102 - B.C.R.A. 1.944.702 5.332.648 - Otras del país 1.800 608 - del Exterior 512.589 1.051.846 B Títulos Públicos y Privados (Anexo A y Nota 2.3.) 6.913.570 3.675.743 Tenencias registradas a valor razonable de mercado (Nota 40) 1.631.691 1.957.162 Tenencias registradas a costo más rendimiento 593.838 914.362 Inversiones en títulos privados con cotización 4.092 9.283 Instrumentos emitidos por el BCRA 4.683.949 794.936 C Préstamos (Anexos B, C y D y Notas 2.2. y 2.4.) 29.212.911 25.223.029 Al sector público no financiero 86.588 122.899 Al sector financiero 513.755 532.143 Interfinancieros - call otorgados - 30.000 30.000 Otras financiaciones a entidades financieras locales 437.286 474.679 Intereses, ajustes y diferencias de cotización devengadas a cobrar 46.469 27.464 Al sector privado no financiero y residentes en el exterior 29.149.050 25.034.496 Adelantos 497.238 290.153 Documentos 862.607 557.614 Hipotecarios 3.312.631 2.739.916 Prendarios 2.937 466.500 Personales 5.715.321 4.307.966 Tarjetas de crédito 11.486.024 11.466.334 Cobros no aplicados (5.502) (1.166) Otros (Nota 7) 7.034.173 4.948.348 Intereses y diferencias de cotización devengados a cobrar 274.971 274.230 Intereses documentados (31.350) (15.399) Previsiones (Anexo J y Nota 5) (536.482) (466.509) D Otros créditos por intermediación financiera (Anexos B, C y D y Notas 2.2.