Demand Fundamentals
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Demand Technicals
Company Profile
BBVA Banco Frances S.A., together with its subsidiaries, provides financial services to corporations, medium and small companies, and individuals in the Republic of Argentina. The company offers checking accounts, savings accounts, time deposits, and investment accounts. It offers short and long-term loans to companies and individuals, overdraft lines of credit, discounted instruments, loans to financial institutions and the governmental sector, and credit card loans, as well as consumer loans comprising credit card loans and other consumer loans. In addition, the company provides home insurance and personal accident insurance- payroll services- asset management services- and insurance advisory services to customers in the areas of coverage of risks related to life, personal accidents and home insurance, and ATM's robbery insurance, within a range of products offered by certain insurance companies. Further, it offers foreign trade services, including letters of credit, collections, bank drafts, fund transfers, and foreign currency transactions- and electronic banking, automated teller machines (ATM), self-service terminals, Internet and mobile banking, call center, and trust services. Additionally, the company engages in capital markets and securities activities, principally underwriting and placement of corporate bonds, commercial paper, and equity securities. As of June 30, 2011, it operated 267 offices comprising 240 consumer branch offices, 27 branch offices specialized in the middle-market segment, 15 in-company branches, 4 branch offices for large corporate and institutional clients, and 2 points of sale, as well as 650 ATM's and 690 quick deposit boxes. The company was formerly known as Banco Frances del Rio de la Plata S.A. and changed its name to BBVA Banco Frances S.A. in October 2000. The company was founded in 1886 and is based in Buenos Aires, the Republic of Argentina.
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