86.97000 USD
2.48
2.77%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
86.34500
90.20000
Previous close
89.45000
Open
89.74000
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Banco Macro S.A. American Depositary Receipt
86.97
2.48
2.77%

Overview

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Description

Banco Macro S.A. American Depositary Receipt represents a leading Argentine financial institution specializing in a broad range of banking services. Through this instrument, international investors gain indirect exposure to Banco Macro S.A., effectively allowing participation in Argentina’s financial sector without the complexities of direct foreign share ownership. The bank maintains the largest private-sector branch network in Argentina, serving a diverse client base with retail and corporate banking products, including loans, deposits, payments, and investment management services. Recognized for its substantial presence beyond Argentina’s major metropolitan areas, Banco Macro S.A. plays a pivotal role in extending formal banking access to underserved markets, supporting regional economic development and financial inclusion. The American Depositary Receipt structure simplifies trading and settlement for investors outside Argentina, making the asset a practical vehicle for those seeking access to Latin America’s emerging banking landscape through established, regulated means.

About

CEO
Mr. Gustavo Alejandro Manriquez
Employees
8811
Address
Avenida Eduardo Madero 1172
Buenos Aires, C1106ACY
Phone
54 11 5222 6500
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Banks - Regional
Country
United States
MIC code
XNYS
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