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| Banco Hipotecario office |
Banco Hipotecario S.A. (BCBA: BHIP) is the leading mortgage lender in Argentina. It also the largest provider of insurance services linked to mortgages. It is a universal bank serving individuals, SMEs and major corporations. It offers loans for the purchase, construction, or improvement of residential properties, repayment of mortgages, personal and corporate loans, credit cards, deposit products, life and general insurance, export and project financing, leasing, online banking and other services. With about 2,500 employees, it is the fifteenth largest among all banks in Argentina by total assets and lending portfolio. Banco Hipotecario was founded in 1886 and operates about 60 branches and 17 sales offices nationwide. As of March 31, 2017, it had total assets of ARS 56.130 billion (US$3.6 billion), loans of ARS 27.689 billion and deposits of ARS 19.581 billion. Net income for the first quarter 2017 was ARS 253 million.
Market capitalization: ARS 5 billion (May 25, 2017)
Banco Hipotecario subsidiaries:
Tarshop SA (an issuer of credit cards)
BHN Sociedad de Inversión SA
BHN Vida SA (life insurance provider)
BHN Seguros Generales SA
BH Valores SA (stock brokerage activities)
BACS Banco de Crédito y Securitización SA
BACS Administradora de Activos SA
Credit Ratings (Global Scale):
Moody’s: Caa1/ Outlook Stable
Standard & Poor's: B-/Outlook Stable
Head office address:
Reconquista 151
Buenos Aires, 1003
Argentina
Phone number: 011 4347 5000
Website: www.hipotecario.com.ar