What is Banco Credicoop?
'''Banco Credicoop''' (''Creditco-op Bank'') is an Argentine cooperative bank. After the 2001 crisis in Argentina, it became the second private bank in the country behind Banco Macro Bansud and the first with completely national public capital. It is the most important cooperative bank in Latin America. {{Infobox company |name = Banco Credicoop |logo = Logo Banco Credicoop.svg |logo_size = |image = Banco_Credicoop.jpg |type = [[Credit union]] |foundation = [[Buenos Aires]], [[Argentina]]<br> (March 19, 1979) |location = [[Buenos Aires]] |key_people = [[Carlos Heller]], President<br>Ricardo Sapei, 1<small>st Vice-Pres.</small><br>Horacio Giura, 2<small>ndVice-Pres.</small> |industry = [[Banking]]<br>[[Insurance]]<br>[[Pension fund]]s |products = [[Retail Banking]]<br />[[Insurance]]<br />[[Investment]]s<br />[[Accounting]] & [[Payroll]]<br />[[Mortgages]]<br />[[Consumer Finance]]<br />[[Credit card]]s |revenue = {{profit}}[[United States Dollar|US$]]416 million (2008)<ref name=balance>{{Cite web |url=http://www.bancocredicoop.coop/modules/descargas/descargar.php?cid=1&lid=218 |title=Banco Credicoop: balance |access-date=2022-08-29 |archive-date=2022-08-29 |archive-url=https://web.archive.org/web/20220829151908/https://www.bancocredicoop.coop/modules/descargas/descargar.php?cid=1&lid=218 |url-status=dead }}</ref> US$273 million (2008) |equity = {{profit}} [[United States Dollar|US$]]269 million (2008) |net_income = {{profit}}[[United States dollar|US$]]37.5 million (2008) |assets = {{profit}} [[United States dollar|US$]]3.1 billion (2008) |num_employees = 5,000 (2014)<ref name=balance/> |homepage = {{url|www.bancocredicoop.coop}} }} ==Origin== Banco Credicoop has its origin in the Credit Unions. In 1976 the Argentinean military government tried to eliminate credit unions, an area of the cooperative sector. This prompted a defensive action that led to the merger of credit cooperatives in order to survive, giving rise to Banco Credic