BBVA Argentina

Overview

BBVA Argentina is BBVA Spain ~66.55% controlling + one of Argentina's largest private commercial banks + BCBA: BBAR + NYSE: BBAR + ~3.5M+ customers + MODO co-founder with Argentine bank consortium [1, ar-cro].

History

Oct 14 1886 — Banco Francés del Río de la Plata founded in Buenos Aires distinctive Argentine banking heritage (one of Argentina's oldest commercial banks).

1996 — BBVA Spain Banco Francés majority acquisition + Banco Francés rebranded to BBVA Banco Francés.

2014 — BBVA Argentina Mobile Banking app launch.

2020 — MODO Argentine bank consortium A2A mobile payment app launch by BBVA + Banco Galicia + Santander + Banco Macro + others.

Ownership & operator

Operating entity: BBVA Banco Francés S.A. (BCBA: BBAR; NYSE: BBAR; BBVA Spain ~66.55% controlling).

Major shareholders: BBVA Banco Bilbao Vizcaya Argentaria (BBVA Spain; BME: BBVA; NYSE: BBVA) ~66.55% controlling + Argentine retail + institutional + foreign investors.

Regulators: BCRA (Banco Central de la República Argentina) + CNV.

Technical integration

BBVA Argentina mobile app (iOS + Android; ~3.5M+ customers) + bbva.com.ar online + BBVA Argentina branch network across Argentina + BBVA Visa + Mastercard cards; AR IBAN + AR DEBIN (Argentine Direct Debit) + MODO (Argentine bank consortium A2A mobile payment app).

Implementations & partners

BBVA Group: [[bbva-spain]] (BBVA Spain parent) + [[bbva-mexico]] + [[bbva-colombia]] + [[bbva-peru]] + [[bbva-argentina]].

MODO Argentine bank consortium: modo (MODO Argentine bank consortium A2A mobile payment app; ~7M+ users; BBVA + Banco Galicia + Santander + Banco Macro + Banco Nación + Banco Patagonia + 30+ Argentine banks).

Major Argentine banking + payments competitors: [[banco-galicia]] (Banco Galicia Argentine commercial bank) + [[banco-macro]] (Banco Macro Argentine commercial bank) + [[santander-argentina]] (Santander Argentina; Santander Spanish parent subsidiary) + [[banco-nacion-ar]] (Banco de la Nación Argentina state-owned commercial bank) + [[banco-provincia]] (Banco Provincia Buenos Aires Province-owned commercial bank) + [[mercado-pago]] (Mercado Pago; Argentine-Brazilian super app + payments processor; 56M+ MAU 2024) + [[ualá]] (Ualá Argentine neobank + super app; ~9M+ users + ~$2.45B valuation) + [[brubank]] (Brubank Argentine neobank) + [[naranja-x]] (Naranja X Argentine neobank; Galicia Group subsidiary) + modo (MODO Argentine bank consortium A2A mobile payments).

Regulators: BCRA + CNV.

Status

Active, BBVA Spain ~66.55% controlling + one of Argentina's largest private commercial banks + BCBA:BBAR + NYSE:BBAR + ~3.5M+ customers + MODO co-founder [1, 2].

Sources

• 1 BBVA Argentina — official
• 2 BBVA Argentina — Wikipedia
• ar-cro In-corpus: reports/countries/AR-argentina.md

Source

Biography extracted from bbva-argentina.md. See matrix.md for standards-support matrix if present.