Almost $10 billion loaned so far this year
The Bank's lending volume maintained an approximate 32% growth pace during the first quarter of the year over the same period of 2013. “This means an improvement that doubles the level recorded by the financial system”, the President of Banco Provincia, Gustavo Marangoni, indicated. He also added, “in the future, we will continue allocating increased liquidity and deposits to new credit facilities destined to SMEs and families”.
150th anniversary of the Mercedes branch
City of Mercedes.- Today, during the reinauguration ceremony and the celebration of the 150th anniversary of the Bank’s branch located in Mercedes, governor Daniel Scioli stated "Banco Provincia works for progress” and encouraged to continue working in order to "accompany the transformation of Argentina and the province of Buenos Aires”.
On the 38th anniversary of the military coup
Gustavo Marangoni, President of Banco Provincia, and Sergio Palazzo, Secretary General of the Bank Clerks’ Union (La Bancaria) paid homage to workers of the financial entity who have been detained and disappeared during the last military coup.
New financing facility from Banco Provincia
Through its Procampo Card, Banco Provincia offers a 0% rate and a 270-day repayment term to finance the purchase of seeds, agrochemicals and fertilizers for the production of wheat.<br><br>The Bank’s President, Gustavo Marangoni, together with Governor Daniel Scioli made the announcement during the opening of ExpoAgro, the most important event of the sector.<br><br>Marangoni also highlighted the $1.1 billion financing facility that Banco Provincia will offer at a subsidized rate for the production of meat, milk, wheat, corn and sunflower during 2014.
Banco Provincia, the first bank to offer the service
• Banco Provincia incorporated Punto Efectivo, a new product developed by Red Link, which enables to make withdrawals without a debit card in more than 1,000 ATMs of the bank. “We are the first bank to launch this service in the market since we believe that our role is to make our customers' life easier", stated Gustavo Marangoni, the Bank's President. The system allows to transfer up to $3,000 every day to any person who will be able to withdraw that amount by means of a code from an authorized ATM.
Under the Provincia Universitaria program
Banco Provincia will offer an economic incentive to students with the most outstanding academic records and the best research project of the universities included in the Provincia Universitaria program.
The President of Banco Provincia, Gustavo Marangoni, made the announcement in Chacabuco.
The volume of loans granted by the bank during February increased by 37% with respect to the same month in 2013. Total lending reached $3.1 billion, out of which more than 80% was destined to companies.
Banco Provincia placed $2,970 million in January
Loans granted by Banco Provincia exceeded the amount of $2,970 million and kept a growth dynamics of nearly 42% in January with respect to the previous year. “In the future, public banking will play a leading role in promoting the development of the productive force”, said Gustavo Marangoni, president of Banco Provincia.
Banca Internet Provincia reached 500,000 users
Gustavo Marangoni, President of Banco Provincia, informed that the use of the Banca Internet Provincia (BIP) platform grew 68% in 2013 as against 2012 and confirmed that almost 500,000 people are using on-line services. Transfers and payments of taxes and fees recorded the most significant progress. On-line fixed-term deposits already account for 22% of total placements.
The Bank recorded the highest increases during 2013
The Bank`s loan portfolio beat a record this year and reached $37 billion, twice the amount in 2011. We complied with the request made by Governor Scioli of being a partner of the productive sectors and an ally in the progress of families”, said the President of the Bank, Gustavo Marangoni. During 2013, Banco Provincia was the institution that mostly increased in loans granted as compared with the most important banks in the country.
Fueled by discounts in consumption
Gustavo Marangoni, President of Banco Provincia, informed that consumption with the Bank’s credit cards increased by 43% over the previous year. Throughout 2013, purchases with credit cards surpassed $18 billion. For the first time and as the result of an agreement entered into between Governors Daniel Scioli and José Manuel De la Sota providing for reciprocity of benefits between provincial banks, the Bank will offer discounts in the province of Córdoba.
Banco Provincia's hefty investment in infrastructure
This year, Banco Provincia reopened 30 branches which were remodeled to optimize customer service and modernize services. It is the most important investment plan for infrastructure improvements in the last years, amounting to $300 million to add more ATMs and technological resources in new lounges for making transactions trough the Provincia Internet Banking (BIP) platform. “Our goal is to remodel 1 out of every 4 branches by 2015”, said Gustavo Marangoni, President of Banco Provincia.
First Biennial Design Banco Provincia 2013 Exhibition
Banco Provincia awarded prizes to outstanding young designers in the first Biennial Design exhibition organized by the Museum of Banco Provincia Arturo Jauretche. Works of audio-visual, graphic and landscape (urban) designs were selected and the winner of each category received $15,000.
Special credit line for $ 8 million
The president of Banco Provincia, Gustavo Marangoni, announced the launching of an emergency lending facility for the victims of the storm that hit the city of Chivilcoy. It consists of consumer loans amounting up to $30 thousand, at an annual 13% fixed interest rate, with a maximum 4-year repayment term.
Gustavo Marangoni, president of Banco Provincia
The president of Banco Provincia, Gustavo Marangoni, said that the financial institution has granted $34 billion in loans so far this year. He also estimated profits at over $1.2 billion for 2013. “We are the only bank in Argentina that has doubled its loan portfolio in the last two years”, he indicated.
Totally refurbished office
Gustavo Marangoni was present at the reopening ceremony of the Villa Adelina branch that was completely remodelled to incorporate new technological tools.
Banco Provincia is the main sponsor
La Plata.- Today, Governor Daniel Scioli made the presentation of Expoagro 2014 (7th Edition) that will be held from next March 12 to 15 at El Umbral premises of the Ramallo-San Nicolás Productive Corridor with the participation of Banco Provincia as main sponsor.
A leading card among agro-industrial SMEs
Gustavo Marangoni, President of Banco Provincia, made this announcement during his visit to the city of 9 de Julio. It is one of the financing tools most widely used by small and medium producers, who purchase inputs at fixed interest rates, ranging from 0% to 14% per annun.
Meeting of banking institutions in Madrid
Gustavo Marangoni, president of Banco Provincia, stated in Madrid “Governor Daniel Scioli has introduced specific policies to foster Buenos Aires development and social inclusion, such as the promotion of investment financing, the support for innovation and the start -up of infrastructure works”.
So far this year, Banco Provincia has already lent $30 billion
Gustavo Marangoni, president of Banco Provincia, confirmed that lending maintains its upward trend at a 51% annual rate. In October, the Bank loaned $3.74 billion. It is estimated that 3 out of every 4 pesos were allocated to the financing of SMEs’ development projects, working capital and investments. Credit card consumption also improved by 36%. “This performance is the result of the Bank’s commitment to support production and serve household domestic demand as instructed by Governor Scioli”, Marangoni said.
Voluntary social work
Gustavo Marangoni, president of Banco Provincia, announced that a group of more than 80 volunteers from the Bank will construct 10 houses in Pilar under the campaign “Un Techo para mi país”, the social organization designed to overcome the poverty problems that afflict thousands of people living in poor housing conditions.
Agreement with the Universidad Nacional de La Matanza (UNLAM)
The President of Banco Provincia, Gustavo Marangoni, and the rector of the UNLAM university, Daniel Martínez, agreed to work together for the development of new mechanisms, optimizing the use of resources and services. “The Governor requested us to deepen ties with the academic environment so as to take advantage of applied knowledge and be more efficient”, he indicated.
Banco Provincia and the Provincial Lawyer’s Professional Association
Gustavo Marangoni, president of Banco Provincia, and Bienvenido Rodríguez Basalo, head of the Lawyer’s Professional Association of the Province of Buenos Aires agreed to offer new banking services and products to the judicial sector. It is the Bank’s contribution to speed up certain transactions such as court-ordered payments and transfers. “We are consolidating an increasingly efficient and technological public bank as instructed by Governor Scioli”, Marangoni said.
New tranche of the Fuerza Productiva credit line
The President of Banco Provincia, Gustavo Marangoni, and the Minister of Production, Cristian Breitenstein, launched the fourth tranche of the Fuerza Productiva credit line, the special loan facility for $1 billion at a rate subsidized by the Provincial Government. From 2008 up to date, $2 billion were granted to more then 6,000 SMEs in order to promote investment, develop the productive sector and create genuine jobs in the Province of Buenos Aires.
Gustavo Marangoni's announcement
The President of Banco Provincia said: “During 2013, loans will exceed $35 billion". Only in September, the Bank loaned $3.2 billion. And he confirmed that, so far this year, the lending level has increased 55% with respect to 2012. “Governor Daniel Scioli asked us to focus on taking full advantage of this growing trend so that more families and SMEs may finance their projects”, he stated.
To promote the use of electronic channels
The president of Banco Provincia, Gustavo Marangoni, inaugurated the first BIP lounge in the branch located in the city of Caseros, where users of electronic channels will receive instructions and assistance. In the next weeks, San Miguel and Ituzaingo branches will also have BIP sector.
Joint initiative of Banco Provincia and the Ministry of Social Development
The President of Banco Provincia, Gustavo Marangoni and the Minister of Social Development, Martín Ferré, approved the implementation of a banking program for young entrepreneurs (18/35 years old) with an aim to offer them access to banking services and credit facilities. This is in addition to the actions being developed by Grupo Provincia such as a IncentiBA and Leasing Jóvenes.
Loans to the agricultural sector up by 61%
The President of Banco Provincia, Gustavo Marangoni, stated that the Bank will lend more than $7 billion to the agricultural sector in 2013. “During these 5 years of Governor Scioli's administration, financing to the agricultural sector grew 476%”, he indicated. Transactions with the Procampo Card rose by 73% over 2012.
Gold medals award
The President of Banco Provincia, Gustavo Marangoni, said that giving retired employees gold medals “symbolizes our gratitude for so many years of service”. And he added that “the efficiency and loyalty of employees derives from a sense of belonging not seen in other institutions”.
Banco Provincia has granted loans for $23.5 billion so far this year
Gustavo Marangoni, President of Banco Provincia, announced that “the Bank will lend over 30 billion pesos in 2013”. In August, corporate loans recorded an 86% rise as against the same month of 2012. “The Bank has consolidated as the financial tool for productive sectors in line with Governor Scioli’s policy guidelines”, stated Marangoni.
From 9 to 13 December 2013
Banco Provincia, together with the Dr. Arturo Jauretche Study and Research Center and the Museum of Banco Provincia, invites Argentine designers and design firms to present their works in the “I Bienal de Diseño” (BD13) exhibition, that will run from 9 to 13 December 2013. This event will offer the opportunity to exhibit, show and promote the more representative, innovative and remarkable design proposals in Argentina and, specially, in Buenos Aires.
Banco Provincia’s name printed on the jersey of Banfield football team
Club Atlético Banfield’s managers, players and coaching staff visited the head office of its new sponsor Banco Provincia and held a meeting with its President, Gustavo Marangoni, who was presented with the three jersey designs that the team will wear during the current season.
Over $3.5 billion so far this year
The president of Banco Provincia, Gustavo Marangoni, confirmed a 54% increase in agro-industry loans during the first half of the year as against the same period of 2012. “Governor Scioli asked us to maintain our traditional commitment to agricultural producers because farming is the pillar of the provincial economy”, he indicated. The Bank will present its lending facilities at the 127th Rural Exhibition in Palermo, which will be open until July 30.
IRAM ISO 9001:2008 award
The monitoring of the technological infrastructure that supports the Bank’s IT systems led Banco Provincia to be certified as IRAM-ISO 9001:2008 compliant, a quality award given by the Argentine Standards Institute (IRAM).
The President of Banco Provincia, Gustavo Marangoni, was present at the opening ceremony of the 23rd Children and Youth’s Book Fair together with a large crowd of children of different ages.
New financing facility from Banco Provincia
At a meeting in the city of Mar del Plata, Gustavo Marangoni, president of Banco Provincia, highlighted the new $310 million financing facility at an 11% subsidized rate to promote fishing activities. “Governor Scioli asked us to boost regional economies in order to accompany growth and ensure employment and social inclusion.”
$16.7 billion has been lent since January
During his visit to the city of San Nicolás, the President of Banco Provincia, Gustavo Marangoni, announced that "so far this year, the Bank has lent over $16.7 billion”, 53% over the first half of 2012. And he stated that the bank was able to place 100% of loans destined to productive investment, a facility with a subsidized rate promoted by the Central Bank.
JOIN US Campaign
Within the framework of the program implemented by Governor Daniel Scioli and UNICEF, the president of Banco Provincia, Gustavo Marangoni, and the representative of UNICEF in Argentina, Andrés Franco, launched the JOIN US campaign to invite the Bank’s customers to contribute to the work this institution has been carrying out in favor of children and teenagers of the province of Buenos Aires.
“The coin: 200 years”
Banco Provincia invites artists to participate in the drawing competition “the coin: 200 years” organized to commemorate the bicentenary of the first Argentine coin.
More works for better customers' service
Governor Daniel Scioli highlighted Banco Provincia’s “leading role towards employment and production” during the reopening ceremony of a new branch in the municipality of José C. Paz which took place within the framework of a plan for refurbishing the Bank’s branches.
BIP reached 400 thousand users in one year
The President of Banco Provincia, Gustavo Marangoni, stated that Banca Internet Provincia (BIP), the Bank’s new home banking system, reached 400 thousand users and receives more than 90 thousand daily visitors. He also said that online transactions have doubled during the last year.
Political debate at the Book Fair
Banco Provincia, sponsor of the 39th Book Fair, organized a debate on “The challenge faced by political parties”. Gustavo Marangoni, BA in Political Science and President of Banco Provincia, acting as coordinator, together with Ricardo Alfonsín, Alberto Pérez and Margarita Stolbizer, discussed about the current situation of political parties in Argentina and proposed different ideas for their strengthening.
Banco Provincia reopened its Museum offering an innovative proposal
The Museum of Banco Provincia reopened its doors to the public featuring a full renovation that combines the value of historical pieces with modern communication technology tools. Gustavo Marangoni, president of Banco Provincia, Jorge Telerman, president of the Cultural Institute, and Ignacio Crotto, secretary of Provincial Tourism, attended the ceremony and visited the facilities.
$10.250 billion lent between January and April
The President of Banco Provincia, Gustavo Marangoni, announced that “more than $2.9 billion was lent in April, 75% over the same month a year earlier. Financing to families grew by 161% due to loans destined to flood victims, amounting to $300 million. Among productive sectors, increase averaged 50%, especially in the SME's segment. "The role of a public bank is not only to support the reconstruction process of flood-affected areas but also to promote investment as a driver of employment and growth”, Marangoni stated.
Award granted by Banco Provincia
As the main sponsor of the 39th International Book Fair, Banco Provincia paid homage to the figure of the beloved writer and humorist Jorge Guinzburg yesterday. His family, colleagues and several show business personalities who worked with him were present. At the end, Governor Daniel Scioli, accompanied by his wife, Karina Rabolini, together with the President of the Bank, Gustavo Marangoni, awarded Jorge’s wife, Andrea Stivel, the Arturo Jauretche prize, a recognition granted to distinguished figures from different areas of culture that have promoted the national thinking.
Banco Provincia’s new lending facility
The president of Banco Provincia, Gustavo Marangoni, the Minister of Production, Cristian Breitenstein, and the Minister of Labor, Oscar Cuartango announced in La Plata the launching of a new loan facility for companies and stores affected by floods. Loans amount up to $300,000 and are repayable in 24 monthly installments at an annual 14% interest rate subsidized by the provincial government.
A large crowd enjoyed Mafalda’s father
Banco Provincia, as the main sponsor of the 39th International Book Fair, organized a panel meeting with the Argentine writer and cartoonist Quino. He was accompanied by Tute and Rep and Gustavo Marangoni acted as panel coordinator. At the end, Quino was awarded the Arturo Jauretche prize.
The granting of loans for flood-affected people continues
The President of Banco Provincia, Gustavo Marangoni, announced today that “an amount of $210 million has already been lent to flood victims”. The granting of loans keeps at a constant pace, totaling about 5,800 since the beginning of the operation. Just today 700 credits have been granted. “Governor Scioli requested us to continue assisting people in the reconstruction process of their houses as well as stores and SMEs through special credit lines to be launched briefly.
Loans for $22 million were already granted
Gustavo Marangoni, president of Banco Provincia, announced that next Saturday the annex to the Home Office building located at 6 and 48 streets will be open during regular banking hours to continue granting loans to flood victims. He confirmed that “loans granted so far amount to $22 million”.
The Bank has deployed 5 mobile ATMs and opened 50 new customer service points
The President of Banco Provincia, Gustavo Marangoni, informed that five mobile ATMs have been deployed and 50 new customer service points have been opened in La Plata branches in order to facilitate cash dispensing, reduce customers waiting time and speed up the granting of loans to flood-affected people. More than 400 individuals have approached the bank and 2,500 phone inquiries have been answered regarding this financing facility.
New facility of Banco Provincia
Banco Provincia launched a credit facility for people affected by the meteorological phenomenon in order to help families to repair damages. Loans amount up to $50,000, repayable in 48-monthly installments, at an annual 9.9% fixed interest rate.
Discounts for purchases with credit cards
Gustavo Marangoni, President of Banco Provincia, ordered a special cash filling process in the Bank's 1500 ATMs. “The idea is to ensure the supply of money for the coming six days when banks will remain closed”, he stated. Besides, there will be up to 50% discounts in movie theaters, restaurants and supermarkets.
Agreement to finance provincial and national investment projects
Gustavo Marangoni, president of Banco Provincia, and Mauro Alem, president of Banco de Inversión y Comercio Exterior (BICE) entered into a joint financing agreement for strategic productive investment projects to encourage provincial and national development.
National Day for Memory Ceremony in Banco Provincia
The President of Banco Provincia, Gustavo Marangoni, headed a ceremony in which pictures of the Bank’s presidents during the military dictatorship were taken down as an institutional commitment to democracy on the 37th anniversary of the last military coup.
New financing facility of Banco Provincia
Gustavo Marangoni, President of Banco Provincia, together with Gustavo Arrieta, Minister of Agricultural Affairs, Miguel Bustamente, Undersecretary of the National Ministry of Fishery and Aquaculture and, Mariano González, Provincial Director of Fisheries, agreed to launch a new soft loan facility forthe fishing industry in the city of Mar del Plata.
The impact of promotions on consumption
The President of Banco Provincia, Gustavo Marangoni, announced that “purchases with credit cards increased 60% during this summer with respect to the same period a year earlier”. It resulted from significant discounts in supermarkets, movie theaters, restaurants, ice-cream parlors and entertainment centres offered in the Atlantic Coast with savings of up to 60%. “We intend to stay close to families because it is also a way to strengthen the economy of tourist places of the province”, he stated.
$4.8 billion lent between January and February
The President of Banco Provincia, Gustavo Marangoni, announced that “more than $2.2 billion was lent in February, 50% over the same month a year earlier”. It is calculated that 3 out of every 4 pesos are destined to productive sectors, mainly to SMEs. Family loans also keep on growing (53% per annum). “Investment promotion is essential to create more jobs and generate higher economic growth”, he indicated.
Banco Provincia surpassed by 36% the goal set by the Argentine Central Bank
Gustavo Marangoni, president of Banco Provincia, stated that during the July to December period of 2012, the Bank lent $1.938 billion through the productive investment facility promoted by the Argentine Central Bank. Such amount surpasses by 36% the goal set by the monetary authority and represents $500 million more in loans granted.
Refurbishments and new technology on the 110th anniversary
Banco Provincia began to redesign and remodel the permanent exhibition of the “Dr. Arturo Jauretche” Historical Archives and Museum. The working plan consists of the incorporation of new communication tools and technologies so that the history of the Bank, the currency and the Province may be displayed in an interactive, flexible and entertaining way.
Over 2.5 billion pesos lent in January
The president of Banco Provincia, Gustavo Marangoni, announced that “more than 2.5 billion pesos were lent in January, 58% over the same month a year earlier”. Eighty percent of such loans were destined to productive sectors, mainly to SMEs, though family loans also recorded a significant 60% rise. “We started the year very well-positioned to foster investment and employment in line with the instructions of Governor Scioli”, he indicated.
New ATMs and discounts during the summer
The President of Banco Provincia, Gustavo Marangoni, announced "a wide range of banking services in the Atlantic Coast, including 130 new ATMs”. Moreover, there will be discounts of up to 60% in cinemas, restaurants, private beaches, ice cream parlors, entertainment centers and supermarkets.
Banco Provincia’s housing loan portfolio rose by 40%
The President of Banco Provincia, Gustavo Marangoni indicated that in 2012 the Bank granted “4,500 mortgage loans for a total amount of $1.0 billion” and that “30% were loans at interest rates subsidized by the provincial government”.
He served as president of Banco Provincia from 1983 to 1987
The President of Banco Provincia, Gustavo Marangoni, met with the Argentine ambassador in France, Aldo Ferrer, and praised him for his wide experience in Argentine economic and political fields.
Banco Provincia loaned 43% more than in the previous year
The President of Banco Provincia, Gustavo Marangoni, stated that “the placement of loans totaled $2.7 billion in November, a 43% increase with respect to 2011, which is a record for this time of the year”. So far 2012, the Bank has lent $22.9 billion, 26% over 2011.
Meeting with Banco de la Nación of Peru during the FELABAN Assembly
Gustavo Marangoni, president of Banco Provincia, met with Carlos Manuel Díaz Mariños, president of Banco de la Nación of Peru, during the XLVI Annual Assembly of the Latin American Banking Federation (FELABAN) held in Lima. Both officers agreed that Latin American public banking must “think of bancarization as a tool for social inclusion”.
More than $835 million at a subsidized rate
Gustavo Marangoni, President of Banco Provincia, together with Gustavo Arrieta, Minister of Agricultural Affairs, announced that “so far this year, we have granted over $4.2 billion in loans to small and medium agricultural companies”. He added that “although the province was affected by severe meteorological phenomena, financing to the agricultural sector rose by 14% with respect to 2011”.
Banco Provincia’s Head Office is given the name of "Presidente Arturo Jauretche".
Banco Provincia gave the name of “Presidente Arturo Jauretche” to its historical Head Office and granted the “Presidente Arturo Jauretche” awards to the historian Felipe Pigna, the journalist Adrián Paenza and the comedian Diego Capusotto for promoting the national thinking. The Bank’s president, Gustavo Marangoni, pointed out that “these people keep alive the spirit of Jauretche, who had a nationalist perception of reality”.
An award for the performance and services of its ATM network
Banco Provincia was awarded the Golden Link for the performance of its ATMs, which were considered as the best of the Red Link network in number of transactions and for the variety and quality of services. The prize was received by Gustavo Marangoni, president of Banco Provincia, who stated that it “is the result of our hefty investment in technology during Governor Scioli's administration".
The situation caused by the rain in the interior of the province was analyzed
Gustavo Marangoni, President of Banco Provincia, held a meeting with authorities of the Economic Federation of the Province of Buenos Aires (FEBA, for its acronym in Spanish), headed by its President Raúl Lamacchia. During the meeting, they analyzed the economic situation of the interior of the province and Marangoni said: “we have already granted loans at a differential rate for more than $40 million to 66 districts affected by meteorological phenomena”.
More than $56 billion were granted during Governor Scioli’s administration
Gustavo Marangoni, president of Banco Provincia, announced “a 75% record increase in loan placements during October” with respect to the same month a year earlier. So far this year, Banco Provincia has already lent over $20 billion, an amount higher than that recorded throughout 2011. Such increase was fuelled by the assistance to the productive sector, especially to SMEs. Consumer loans for families also had a noticeable increase. “More than $56 billion were granted since the beginning of Governor Scioli’s administration”, he pointed out.
Gustavo Marangoni in the Tecnópolis exhibition
Gustavo Marangoni, President of Banco Provincia, said that “the guarantee scheme is an essential tool to increase financing to SMEs”. During his visit to Tecnópolis, he announced that, as the result of the new productive investment facilities promoted by the Central Bank, 50% of loans granted by Banco Provincia will be allocated to SMEs”. And also added: “by paving the way to credit, banks are favoring job creation”
On the grounds of the high level and safety of healthcare management
AMEBPBA Medical Center, the care facility for Banco Provincia’s personnel, received a healthcare quality and safety certification from the Technical Institute for the Accreditation of Healthcare Organizations (ITAES, for its acronym in Spanish). Gustavo Marangoni, President of Banco Provincia and Dr. Ricardo Durlach, President of the ITAES, visited the facilities.
Banco Provincia promotes specifically – oriented careers
The President of Banco Provincia, Gustavo Marangoni, and the principal of the Universidad Nacional de Lanús (UNLa), Ana Jaramillo, announced the launching of new scholarships to attend postgraduate courses related to provincial productive development.
Marangoni and Breitenstein boosted financial assistance to SMEs
The president of Banco Provincia, Gustavo Marangoni, and the Minister of Production, Science and Technology, Cristian Breitenstein, highlighted “the impact on productive development and job creation of the Fuerza Productiva program during the Governor Scioli's administration”, that allowed more than 5,000 SMEs access to credit for investment at subsidized interest rates.
Forjando: Banco Provincia’s new publication
Gustavo Marangoni stated that “Forjando invites us to think and reflect on our past to improve our present”. The President of Banco Provincia, together with Pacho O’Donnell and the journalists Eduardo Anguita and Raúl Dellatorre, headed the ceremony where the new publication issued by the Dr. Arturo Jauretche Study and Research Center was launched.
Opening of the ExpoParque 2012 Exhibition
The president of Banco Provincia, Gustavo Marangoni, said that “so far this year, we have granted over $12.0 billion in loans to SMEs,” and that “through our Fuerza Productiva Program more than 650 companies could settle in industrial parks”.
Banco Provincia is leading the domestic financial system
The president of Banco Provincia, Gustavo Marangoni, announced that “so far this year, time deposits grew by 47% with respect to 2011”. And he pointed out that “once again public banking is the best investment option”. Banco Provincia is 11% above the average of the financial system. Better interest rates offered through the digital channel were essential to this rise in deposits.
Banco Provincia opposes light punishments for those charged with the robberies in Belgrano and Palermo branches
Banco Provincia declared its opposition to the agreement reached by the Federal Prosecutor’s Office and the suspects’ defense in the criminal cases involving the robberies committed in Belgrano and Palermo Branches of Banco de la Provincia de Buenos Aires.
Longer terms and better rates
Gustavo Marangoni, president of Banco Provincia, announced today that “transactions through Banca Internet Provincia (BIP) rose by 60% on average”. Loans and fixed-term deposits had the greatest increase due to higher profitability and better terms offered by this digital channel.
Provincia ART congratulated companies and municipalities
During a ceremony headed by Gustavo Marangoni, Santiago Montoya, Sergio Mileo, presidents of Banco Provincia, Grupo Banco Provincia and Provincia ART, respectively, and Nicolás Scioli, executive vice-president of Grupo Banco Provincia, the municipalities of La Matanza and Mercedes, a publicly owned company, Aguas Bonaerenses SA, and five private capital companies were recognized for their excellence in work micro-environment care, conditions and practices aimed at creating a healthy and safe place for their employees.
Strong demand for financing by SMEs
Gustavo Marangoni, president of Banco Provincia, announced in the city of General La Madrid “a strong increase in the placement of loans that, in September, totaled $2.56 billion, which is a record level compared with the last years.” Out of this amount, 73% was destined to companies, mainly SMEs, “because they foresee better economic prospects,” Marangoni indicated. So far in 2012, Banco Provincia has lent $17.2 billion.
Seminar of Latin American Banks
The three-day Seminar on Risk Administration jointly organized by ALIDE (Latin American Association of Development Financing Institutions) and Banco Provincia will gather almost a hundred of experts, representatives of banks throughout Latin America, who will discuss and exchange experiences about the adoption of the best practices required under Basle regulations.
New protective measures
Governor Daniel Scioli and Gustavo Marangoni, President of Banco Provincia, inaugurated the Single Monitoring Centre that operates at the Bank’s Head Office. It is an integrated permanent alarm and video surveillance system that monitors branches, ATMs and armored trucks.
Announcement of the president of Banco Provincia in the city of Azul
Gustavo Marangoni, president of Banco Provincia, introduced a new financing facility destined to flood-affected people during a working session in the city of Azul that included meetings with local entrepreneurs and a visit to a lab and a metallurgical company which are customers of the Bank.
Credit Facilities to Municipalities
The President of Banco Provincia, Gustavo Marangoni, held a working session with Pablo Guacone, Mayor of San Pedro, at the Bank’s Head Office. During the meeting, they discussed on credit assistance to the municipality and matters related to the operation of the Bank’s branch, customer services and ATMs.
US$20 million facility for capital goods
Gustavo Marangoni, President of Banco Provincia, and Luciano Coutinho, President of BNDES, signed today in Rio de Janeiro, Brazil, an agreement to promote the financing of foreign trade through a US$20 million credit facility so that entrepreneurs, who are customers of Banco Provincia, may purchase capital goods and different machinery with the purpose of strengthening investment and productive capacity.
190th. Anniversary of the Bank
Today, during the celebration of the 190th. Anniversary of the Bank, Governor Daniel Scioli stated that “Banco de la Provincia de Buenos Aires has an active participation and is deeply involved in all social and productive governmental policies”.
Ministry of Infrastructre and Banco Provincia
The minister of Infrastructure, Alejandro Arlía, and the president of Banco Provincia, Gustavo Marangoni, launched the second phase of the Buenos Aires Hogar Program that, in this case, will benefit with more than 300 houses another 14 districts of the Province of Buenos Aires.
Up to 65% savings on September 6
To celebrate its 190º anniversary, Banco Provincia will launch a promotional campaign with special savings of up to 65% in cinemas, restaurants, hairdressing salons and clothing stores. The promotion will be valid only for credit card purchases made on September 6.
Loans maintain their dynamism
Gustavo Marangoni, President of Banco Provincia, stated that “the Bank granted loans for $1.9 billion during August, thus maintaining the dynamism of previous months”. Almost two thirds out of the total amount ($1.2 billion), were given to enterprises, while the other $700 million was destined to families through consumer and mortgage loans.
At the ceremony in which the 40,000th microcredit was granted by Promesa (Provincia Microempresas S.A), Governor Daniel Scioli asserted that “we are democratizing access to credit” and added that this sort of financing “not only leads to economic satisfaction but also provides dignity”.
Gustavo Marangoni and his work schedule
Gustavo Marangoni, President of Banco Provincia, stressed the economic development of the city and pointed out that if “we know customers’ and factories’ reality we may offer better loan conditions”. He also said that “Banco Provincia is an ally of regional SMEs”. It is the only banking option in more than 100 cities in the interior of the province.
Free and open to the public exhibition at the Palais de Glace
The President of Banco Provincia, Gustavo Marangoni together with officers of Banco Central and Banco Nación inaugurated the exhibition “Arte por tres” which brings together a selection of the artistic heritage of the three banks for the first time. “Public banks proudly show our collections of the most remarkable works of art of the last century”, Marangoni stated.
Agreement with the UNGS
The President of Banco Provincia, Gustavo Marangoni, and the principal of the Universidad Nacional de General Sarmiento (UNGS), Eduardo Rinesi, executed a framework agreement under which the Bank will award grants, thus fostering training of skilled professionals who may assist with the provincial productive development.
Longer terms and better rates for users
Gustavo Marangoni, president of Banco Provincia, announced today that “users who take out loans through Banca Internet Provincia (BIP) will begin to pay only after 90 days”. This adds to the higher rates offered for fixed-term deposits.
Loans for $12.6 billion have been granted so far this year
Today, the President of Banco Provincia, Gustavo Marangoni, expressed that “the demand for loans keeps growing”. He added that “in the first seven months of 2012, we loaned $12.6 billion, 25% over the same period a year earlier”.
The president of Banco Provincia visits the interior of the province
Gustavo Marangoni, President of Banco Provincia, traveled to the city of Pehuajó where he held meetings with industrial entrepreneurs and local officers of the Bank.
Nine members of the Banco Provincia Club travel to London
Gustavo Marangoni, President of Banco Provincia, received hockey players and members of the staff of the Banco Provincia’s club who will represent our country in the Olympic Games.
During the first half of the year
Gustavo Marangoni, President of Banco Provincia, announced that, during the first half of 2012, the Bank granted loans for $10.876 billion, 27% over the same period a year earlier.
To enhance its productivity
Gustavo Marangoni, president of Banco Provincia, and Sandra Yachelini, general manager of Microsoft Argentina and Uruguay, set up a plan to implement IT applications that will permit the financial institution to improve the management capacity of IT infrastructure in its 400 business units.
So far 2012
Gustavo Marangoni, President of Banco Provincia, said that “so far this year, we have granted loans for $10 billion” and added that “out of such amount, more than $7.5 billion was destined to SMEs’ financing”.
Framework Agreement signed in Montevideo in the presence of “Pepe” Mujica
Gustavo Marangoni, president of Banco Provincia and Fernando Calloia Raffo, president of Banco de la República Oriental del Uruguay (BROU) signed a Mutual Cooperation Agreement in Montevideo. Afterwards, President José “Pepe” Mujica and governor Daniel Scioli held a working meeting
Sustained year-on-year increase
Gustavo Marangoni, President of Banco Provincia, stressed that “during May, total lending surpassed $2.1 billion, 50% over the level recorded in the same month a year earlier”. He also stated that “75% of that amount was destined to finance the productive activity of small and medium-sized enterprises (SMEs)”. So far this year, the Bank has granted loans for an amount of $9 billion.
The Bank’s new home banking service
The Governor Daniel Scioli introduced the Bank’s new home banking network, a virtual platform that will allow its customers to carry out all their banking transactions from home rather than at branch locations using state-of-the-art tools.
To offer a first class service and personalized attention to retirees
Banco Provincia launched a special plan to deliver debit cards to retirees from the Argentine Social Security Administration (ANSES) in 12 branches, fitting out rooms with amenities and dedicated staff to assist them to activate cards and use ATMs.
Under an agreement concluded with the UNICEN
The President of Banco Provincia, Gustavo Marangoni, and the principal of the Universidad Nacional del Centro (UNICEN), Roberto Tassara, entered into a framework agreement under which the Bank will award scholarships to attend postgraduate courses at this university located in Tandil.
Signing of export financing agreements
Agreements to promote credit facilities to finance foreign trade between Argentina and Ecuador were entered into by the presidents of Banco Provincia, Banco Nación and BICE and the president of Corporación Financiera Nacional de Ecuador. This initiative is supported by the Ministry of Foreign Affairs.
Banco Provincia launched a new credit facility
Governor Daniel Scioli and Gustavo Marangoni, president of Banco Provincia, introduced a new credit line destined to finance chains of value. It involves a first tranche for $50 million at premium rates of about 12% per annum and a one-year term. The announcement was made during the seminar on Banking Financing and Value Chains organized by the Bank.
International Book Fair
Banco Provincia organized a meeting to pay tribute to Arturo Jauretche’s thinking and doings during the 38th edition of the International Book Fair. The meeting was attended by Jorge Coscia, Argentina’s Culture Secretary; Pacho O’Donnel, historian; Ernesto Jauretche, nephew of the author of “Manual de zonceras argentinas” and Gustavo Marangoni, president of Banco Provincia.
Data for the first four-month period
The president of Banco Provincia, Gustavo Marangoni, announced that “total lending grew by 40% in the first four months of the year over the same period of 2011”. Financial assistance to families and productive sectors now amounts to $6.9 billion
Marangoni and Di Gresia signed the agreement
The President of Banco Provincia, Gustavo Marangoni, gave 42 vehicles and 2 generators for free to the General Secretariat of the Provincial Governor’s Office through an agreement executed today with Luciano Di Gresia, Secretary General, at the Head Office of the bank.
Banco Provincia and municipalities
The president of Banco Provincia, Gustavo Marangoni, and the mayor of the city of Avellaneda, Jorge Ferraresi, executed an agreement whereby the Bank will render real estate appraisal services to the municipality to help carry out 1200 housing developments.
The Anne Frank Center and Banco Provincia in the Book Fair
Gustavo Marangoni, president of Banco Provincia, stressed the “rich heritage of Anne Frank for the generations ahead” and also stated that “the promotion of this initiative aims at preserving collective memory and consciousness so as to create a fairer society”.
With a full range of activities
The President of Banco Provincia, Gustavo Marangoni, stressed "the Bank's engagement with the national culture and the promotion of reading" when he announced the different activities programmed by the Institution in the framework of this Book Fair, such as talks, homages and activities for children. A discount of 20% is available for purchases of books and admission tickets.
“Banco Provincia” in Estudiantes de la Plata’s shirt up to June 2013
Gustavo Marangoni, President of Banco Provincia, and Enrique Lombardi, President of Estudiantes de la Plata, introduced today, together with Juan Sebastián Verón, Gastón Fernandez, Enzo Pérez and Matías Sanchez, the new shirt of the club located in La Plata, which will bear the name of the bank in its sleeves. Pincha players will wear it for the first time in the match against Atlético Rafaela.
Business and investment meeting
Gustavo Marangoni, President of Banco Provincia, said that the Province of Buenos Aires represents “an excellent entry point for foreign companies searching for investment opportunities in our country”.
At Banco Provincia's Head Office
Today Governor Daniel Scioli introduced four mobile banking units that will offer services at those Banco Provincia’s locations with a large number of transactions so as to speed up payments to public servants or where the bank plays a social role.
Credit lines for storm victims
Gustavo Marangoni, president of Banco Provincia, held a working meeting with entrepreneurs in La Cantabrica Industrial Park located in Morón where he monitored with the Bank’s local officers the granting of the credit lines for storm victims announced by governor Daniel Scioli last Monday.
Banco Provincia approved two special credit lines
Governor Daniel Scioli instructed the President of Banco Provincia, Gustavo Marangoni, to extend two subsidized credit lines to the victims of the storm that hit the city of Buenos Aires and a large part of the conurbation area, who will be able to take mortgage and consumer loans at a one-digit rate to repair their houses and commercial premises.
Free and open entry
On the occasion of the 60th anniversary of the death of Evita, Banco Provincia invites to participate in the Banco Provincia photography and historical essay competitions 2012 to be held under the motto "Eva Duarte de Perón, her political significance".
New facility of Banco Provincia
Governor Daniel Scioli, together with the president of Banco Provincia, Gustavo Marangoni, granted loans to 6 municipalities for $82 million. This assistance will allow strengthening local administrations in line with the instructions given by Governor Scioli as to the "integration of the Bank with the productive and financing policies of the Province".
Special cash loading for $1000 million
Gustavo Marangoni, President of Banco Provincia, announced that the Bank will allocate $1000 million to a special cash filling process to be implemented in its entire ATM network comprised of 1,400 units. "The idea is to ensure the supply of money for the coming four days when the banks will remain closed," he stated.
During the first quarter of 2012, the Bank granted loans for 5,100 million pesos
President of Banco Provincia, Gustavo Marangoni, announced that in March loans granted for production, consumption and purchase of houses, and micro credits, grew 56% over the same month of 2011 and totalled 2,000 million pesos. He added that 75% of such loans were allocated to companies and the remaining 25% to families.
Malvinas Islands: 30 years after the war
Gustavo Marangoni, President of Banco Provincia, led an event organized as a homage to 120 Malvinas veterans, employees of the Bank, in commemoration of the thirtieth anniversary of the armed conflict.
Marangoni met with CODENOBA mayors
The President of Banco Provincia, Gustavo Marangoni, met with the mayors that make up the Development Inter Municipal Consortium of the northwestern region of the Province of Buenos Aires (known as CODENOBA). They agreed to boost lending and promote mortgage loans for the 101 municipalties of the interior of the province.
Both Institutions entered into an agreement during the IDB annual meeting
Gustavo Marangoni, President of Banco Provincia, and Fernando Calloia Raffo, President of Banco de la República Oriental del Uruguay (BROU), announced a Strategic Agreement of Mutual Cooperation to be signed on April 13 at BROU’s head office. The agreement was arranged during the IDB annual meeting held in the city of Montevideo.
Scioli held a working meeting with five hundred managers
During a working meeting with five hundred managers at a hotel in the city of Buenos Aires, Governor Daniel Scioli urged to "strengthen the actions taken by Banco Provincia during the last four years" and pointed out the significance of "the technological applications to bring services closer to people".
International Women’s Day
Today is a celebration day and, for a long time, it will be a date to honor the struggle of those women who, back on March 8, 1906, died at work while demanding better labor conditions in a cotton mill in the United States.
Banco Provincia is the only Bank that offers this service in the country
Gustavo Marangoni, President of Banco Provincia, announced that "the first 5 intelligent ATMs which accept check deposits without the need for an envelope are already operating". The new terminals, accessible 24 hours a day even without a debit card, may scan and deliver the check image as proof of the transaction. They are located in the cities of Morón, La Plata, Pilar, Quilmes and Bahía Blanca.
Banco Provincia and Provincia Pagos will act as recharge centers for the SUBE card
Gustavo Marangoni, Presidente of Banco Provincia, announced that, according to the instructions given by Governor Daniel Scioli, Banco Provincia and Provincia Pagos are actively working with Lotería de la Provincia and the National Transport Secretariat to speed up and facilitate the Sube card reloading mechanism.
Marangoni visited two companies and met with regional authorities
Gustavo Marangoni, President of Banco Provincia, visited two export companies that do business with the Bank. "Campana pledged its firm commitment to construction, capital increase and investment", stated Marangoni.
Free admission for Procampo cardholders
President of Banco Provincia, Gustavo Marangoni, announced that the Bank will be taking part as the main sponsor in Expoagro, the most important agricultural exhibition, which will be held from 6 to 9 March in Junín. Discounts for purchase of livestock and agricultural machinery will be offered.
More information on loans, investments, and services
Gustavo Marangoni, President of Banco Provincia, emphasized the increased amount of information on loans, investments and services that the new web site, renewed and easy-to-browse, makes available (www.bancoprovincia.com.ar). It also offers a newsletter section and discount, branch and ATM locators. Likewise, the new site provides an English version, safety recommendations and links to social networks.
Scioli and Marangoni granted a $25 million loan
Governor Daniel Scioli and President of Banco Provincia, Gustavo Marangoni, granted a $25 million loan to finance infrastructure works in the Municipality of Avellaneda.
Strong increase in assistance to SMEs and families
Gustavo Marangoni, President of Banco Provincia, said that “during January loans for $1.6 billion were granted, showing a 51% increase as against the same month a year earlier”. He emphasized the growth of 70% in consumer loans and of 46% in assistance to SMEs. “Governor Daniel Scioli asked us to accompany these sectors to dynamize consumption and production”.
Gustavo Marangoni during a working meeting in Junín
Gustavo Marangoni, President of Banco Provincia, held working meetings in Junín with regional clients and officers of the Bank during which he stated: “we have changed the lending policy in order to boost production and employment: today over 70% of our loans are destined to SMEs”.
Mr. Gustavo Marangoni led working meetings
During his stay in Chivilcoy, Gustavo Marangoni, President of Banco Provincia, visited the Businessmen Center and the facilities of a booming agricultural machinery enterprise that carries business with our Institution, and met with local officers of the Bank.
Special promotions and discounts
Gustavo Marangoni, President of Banco Provincia, informed that “purchases with credit cards increased by 46% over the previous year in the main cities of the Atlantic Coast". The Bank took into account the average amount of purchases recorded since the beginning of the summer season in restaurants, gas stations and cinemas.
To monitor the situation of districts affected by drought
Gustavo Marangoni, President of Banco Provincia, received CARBAP authorities at the Bank’s home office. They analyzed the situation of the agricultural sector affected by the drought that causes serious effects on the main crops of the Province of Buenos Aires.
A 115% increase compared with 2010
President of Banco Provincia, Gustavo Marangoni, said that at the end of 2011 the Bank had loaned $21.1 billion to the private sector, 115% over the previous year. Eighty per cent of loans are destined to enterprises, especially to SMEs.
Agreement between Banco Provincia and Fiat Argentina
Governor Daniel Scioli announced an agreement between Banco Provincia and Fiat Argentina whereby a special loan facility will be offered to public servants for the purchase of brand new Fiat cars at the lowest market rate.
Discounts drove Christmas shopping increase
President of Banco Provincia, Gustavo Marangoni, underlined "the positive performance of cards in December". Pursuant to preliminary data, during the last month of the year, the Bank's customers made purchases exceeding the amount of $240 million, 65% over 2010.
Gustavo Marangoni, President of Banco Provincia, announced that
Gustavo Marangoni, President of Banco Provincia, announced that the Bank will allocate $800 million to a special cash filling process to be implemented in all ATMs comprising its network from December 23, 2011 to January 2, 2012.
Discounts in shopping centers, stores and electrical appliances
Gustavo Marangoni, President of Banco Provincia, announced a special package of discounts for card users, which includes savings up to 40% for Christmas purchases.
Breitenstein and Marangoni announced today the
The President of Banco Provincia, Gustavo Marangoni, and the Minister of Production of the Province of Buenos Aires, Cristian Breitenstein, put forward a $25 million financing plan for public works in Bahía Blanca.
Marangoni and Fábrega agreed to join forces
During the introduction of the new Board of Directors of Banco Provincia, Gustavo Marangoni, President of the institution, underlined “the importance of a sound public banking oriented towards production and investment promotion”.
New financial transaction
Gustavo Marangoni, President of Banco Provincia, together with the Provincial Ministry of Economy, Silvina Batakis, announced the successful placement of $358 million through a new tender of Treasury Bills of the Province of Buenos Aires. Both of them agreed that this financial transaction “helps to deepen the diversification of the financing sources for the provincial government”.