Macro BMA

Macro BMA formerly known as Banco Itaú, was an Argentine banking entity owned by Banco Macro since November 2023. It was the Argentine subsidiary of the Brazilian bank Itaú Unibanco, founded in 1998 after the acquisition of Banco del Buen Ayre. Currently, the entity has 99 bank branches and 140 ATMs throughout the country, serving over 400,000 clients.


History
It was founded in 1998 after the purchase of Banco del Buen Ayre. 

On August 24, 2023, Banco Macro purchased this bank from its then parent Itaú Unibanco for a price of US$50 million. On November 3, 2023, the entity was renamed Macro BMA.

On November 19, 2024, Macro BMA will cease to exist as a separate entity from Banco Macro and all of its customers, alongside their existing accounts and products, will become part of Macro.

References

Category:Organizations based in Buenos Aires
Category:Banks of Argentina