What is 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. {{Infobox company| | name = Banco BMA S.A.U. | logo = Macro BMA.png | image = Banco macro en florida.jpg | image_size = 320px | logo_size = 320px | type = [[Subsidiary]] | successor = [[Banco Macro]] (''from November 19, 2024'') | foundation = {{Start date and age|1995}} | location = [[Buenos Aires]], [[Argentina]] | defunct = November 19, 2024 | fate = To be merged with [[Banco Macro]] on November 19, 2024 | num_employees = 1,650 | parent = [[Banco Macro|Macro Group]] | industry = [[Finance and Insurance]] | products = [[Banking]]<br />[[Insurance]]<br />[[Private Bank]] | revenue = {{profit}} [[US$]] 296.7 million <small> (2012)</small> | net_income = {{profit}} [[US$]] 22.4 million <small> (2012)</small> | assets = {{decrease}} [[US$]] 2.0 billion <small> (2012)</small><ref>{{Cite web |url=http://www.panoramabrasil.com.br/bancos-brasileiros-devem-da-mais-atencao-para-o-exterior-id72629.html |title=Archived copy |access-date=2011-10-09 |archive-date=2012-04-01 |archive-url=https://web.archive.org/web/20120401001523/http://www.panoramabrasil.com.br/bancos-brasileiros-devem-da-mais-atencao-para-o-exterior-id72629.html |url-status=dead }}</ref> | homepage = [https://www.macrobma.com.ar www.macrobma.com.ar] }} [[Image:Macro Banco BMA.png|thumb|Alternative bank logo.]] ==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 [[Banco Itaú|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 cu