Banco Macro S.A. ADR (representing Ten Class B Common Shares) (BMA)

Competitors to Banco Macro S.A. ADR (representing Ten Class B Common Shares) (BMA)

BBVA Banco Francés 

BBVA Banco Francés, a subsidiary of the Spanish banking group BBVA, competes with Banco Macro by leveraging its international experience and innovative banking solutions. BBVA's strong focus on digital transformation and customer experience provides it with a competitive advantage, allowing it to attract customers who prioritize online banking and financial technology.

Grupo Financiero Galicia

Grupo Financiero Galicia is one of the largest financial services companies in Argentina, similar to Banco Macro. Both banks offer a wide array of retail banking, investment, and financial services. However, GGAL has the advantage of an extensive digital banking platform and a diversified financial portfolio, which gives it a competitive edge when targeting tech-savvy and younger consumers.

Itaú Unibanco 

Itaú Unibanco, a Brazilian bank with operations in Argentina, competes with Banco Macro by offering a blend of retail and wholesale banking services. Its competitive edge lies in its strong capital base and extensive product offerings, allowing it to cater effectively to both individuals and businesses. Itaú's broader regional presence also enables cross-border banking solutions that attract multinational clients.

Santander Río 

Santander Río, part of the global Santander Group, competes with Banco Macro through its comprehensive suite of financial products and services, alongside established relationships within the business community. Santander has significant resources and a robust global brand, giving it a competitive advantage, especially with larger corporate clients who seek international banking services.