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Galicia Bank
Grupo Financiero Galicia S.A. is a financial services holding company based in Buenos Aires, and its banking operations are the fifth largest in Argentina, as well as the largest among all domestically-owned private banks in the country.ABA: ranking Overview 
The bank was founded in 1905 as the ''Banco de Galicia y Buenos Aires'' by a consortium led by Manuel Escasany, a jeweler and clockmaker of Galician origin. It was registered under the laws of the Argentine ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argentina
Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the List of countries and dependencies by area, eighth-largest country in the world. Argentina shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a Federation, federal state subdivided into twenty-three Provinces of Argentina, provinces, and one autonomous city, which is the federal capital and List of cities in Argentina by population, largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a Federalism, federal system. Argentina claims sovereignty ov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Spain
The economy of Spain is a highly developed social market economy. It is the world's 12th largest by nominal GDP and the sixth-largest in Europe (fifth excluding Russia). Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization. In 2023, Spain was the 18th-largest exporter in the world. Meanwhile, in 2022, Spain was the 15th-largest importer in the world. Spain is listed 27th in the United Nations Human Development Index and 29th in GDP per capita by the International Monetary Fund. Some main areas of economic activity are the automotive industry, medical technology, chemicals, shipbuilding, tourism and the textile industry. Among OECD members, Spain has a highly efficient and strong social security system, which comprises roughly 23% of GDP. During the Great Recession, Spain's economy was also in a recession. Compared to the EU and US averages, the Spanish economy e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities Market
Security market is a component of the wider financial market where securities can be bought and sold between subjects of the economy, on the basis of demand and supply. Security markets encompasses stock markets, bond markets and derivatives markets where prices can be determined and participants both professional and non professional can meet. Securities markets can be split into two levels: primary markets, where new securities are issued, and secondary markets where existing securities can be bought and sold. Secondary markets can further be split into organised exchanges, such as stock exchanges and over-the-counter, where individual parties come together and buy or sell securities directly. For securities holders knowing that a secondary market exists in which their securities may be sold and converted into cash increases the willingness of people to hold stocks and bonds and thus increases the ability of firms to issue securities. There are a number of professional par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convertible Bond
In finance, a convertible bond, convertible note, or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value. It is a hybrid security with debt- and equity-like features. It originated in the mid-19th century, and was used by early speculators such as Jacob Little and Daniel Drew to counter market cornering. Convertible bonds are also considered debt security because the companies agree to give fixed or floating interest rate as they do in common bonds for the funds of investor. To compensate for having additional value through the option to convert the bond to stock, a convertible bond typically has a coupon rate lower than that of similar, non-convertible debt. The investor receives the potential upside of conversion into equity while protecting downside with cash flow from the coupon payments a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Loan
A mortgage loan or simply mortgage (), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Time Deposit
A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a guaranteed investment certificate in Canada) is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its "term". Time deposits differ from ''at call deposits'', such as savings or checking accounts, which can be withdrawn at any time, without any notice or penalty. Deposits that require notice of withdrawal to be given are effectively time deposits, though they do not have a fixed maturity date. Unlike a certificate of deposit and bonds, a time deposit is generally not negotiable; it is not transferable by the depositor, so that depositors need to deal with the financial institution when they need to prematurely cash out of the deposit. Time deposits enable the bank to invest the funds in higher-earning financial products. In some countries, including the United States, time deposits are not subject to the banks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montevideo, Uruguay
Montevideo (, ; ) is the capital and largest city of Uruguay. According to the 2023 census, the city proper has a population of 1,302,954 (about 37.2% of the country's total population) in an area of . Montevideo is situated on the southern coast of the country, on the northeastern bank of the Río de la Plata. A Portuguese garrison was established in the place where today is the city of Montevideo in November 1723. The Portuguese garrison was expelled in February 1724 by a Spanish soldier, Bruno Mauricio de Zabala, as a strategic move amidst the Spanish- Portuguese dispute over the platine region. There is no official document establishing the foundation of the city, but the "Diario" of Bruno Mauricio de Zabala officially mentions the date of 24 December 1726 as the foundation, corroborated by presential witnesses. The complete independence from Buenos Aires as a real city was not reached until 1 January 1730. It was also under brief British rule in 1807, but eventually the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buenos Aires Stock Exchange
The Buenos Aires Stock Exchange (BCBA; ) is the organization responsible for the operation of Economy of Argentina, Argentina's primary stock exchange located at Buenos Aires central business district. Founded in 1854, it is the successor to the ''Banco Mercantil'', which was created in 1822 by Bernardino Rivadavia. Citing BCBA's self-definition: "It is a self-regulated non-profit civil association. At its Council sit representatives of all different sectors of Argentina's economy." The most important index of the stock market is the MERVAL (from ''MERcado de VALores'', "stock market"), which includes the most important papers. Other indexes are ''Burcap'', ''Bolsa General'' and ''M.AR.'', and currency indicators ''Indol'' and ''Wholesale Indol''. The Stock Exchange's current, Leandro Alem Avenue headquarters was designed by Norwegian-Argentine architect Alejandro Christophersen in 1913, and completed in 1916. A modernist annex was designed by local architect Mario Roberto Álvar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Español Del Río De La Plata
Banco Español del Río de la Plata (in English: ''Spanish Bank of the Río de la Plata'') was an Argentine bank which operated in Buenos Aires between 1886 and 1983. History The Bank was founded in 1886 by Augusto J. Coelho, born in Montevideo, Uruguay. This entity was also in charge of Jorge A. Mitchell, who served as Manager of The Banco Español and Río de la Plata for several years. Originally its building was located on the Calle de la Piedad (current Bartolomé Mitre), neighborhood of San Nicolás. In 1905 a new building was built by the architect Carlos Agote, located at the intersections of Reconquista and Cangallo (Buenos Aires). Its original headquarters was acquired by Banco Galicia in 1988, who demolished the original building in 2001. The Banco Español del Río de la Plata had branches in several European cities, including Barcelona, Madrid ( Caryatid Building) and London. It was merged with the Banco Comercial del Norte in 1983. File:Banco Espanol del Ri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italian Argentine
Italian Argentines (; , or ''tanos'' in Rioplatense Spanish) are Argentine-born citizens who are fully or partially of Italian descent, whose ancestors were Italians who emigrated to Argentina during the Italian diaspora, or Italian-born people in Argentina. Between the 1850s and the 1950s, 3.5 million Italians immigrated to Argentina. It was estimated that at least 25-30 million Argentines (62.5% of the country's population) have some degree of Italian ancestry. Argentina has the second-largest community of Italians outside of Italy, after Brazil. Contingents of Italian immigrants arrived in Argentina from all regions of Italy, mainly from Northern Italy in the 19th century and mostly from Southern Italy in the 20th century. Italian community in Argentina, along with Spanish immigrants, became a major part of modern Argentine society. Argentine culture has significant connections to Italian culture in terms of language, customs, and traditions. Argentina is also a strongly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
