New Bank of Santa Fe

History

Founded in 1874 and under the management of the Petersen Group since 2003, the Bank is an essential tool for the foreign trade operations of companies in the region. It participates in trade missions and owns a wide range of international payment and collection instruments.

Together with Bank of San Juan, the New Bank of Entre Ríos and Bank Santa Cruz, it forms the Bank San Juan Group, which is among the 10 main entities of the Argentine Financial System. Each of these banks are financial agents of their respective provinces of origin, where they lead in deposits and loans from the private sector, and maintain their rating for short-term debt at A1 (arg) and for long-term at AA− (arg) for its favorable performance, reflected in its capacity to generate profits, high liquidity and the quality of its portfolio. It has an extensive network of branches and agencies that facilitate operational management and ensure access to all corners of the region. They focus on the area of financial services to the private and public sectors, promoting and accompanying the growth of the different regional economic actors through a wide range of products and services and in conjunction with the government of the province. The Bank centralizes all of its assets in the province and controls strategic decisions and medium and long-term plans. The policies established by the Board of Directors to accompany, promote and sustain the growth of the provincial economy are reflected in the evolution of the market share, mainly in assistance to the non-financial private sector.

The Banco de Santa Fe Foundation

The Foundation promotes education and culture in the province of Santa Fe through research and technological innovation. It awards scholarships to students and trainings to teachers. Employees participate in the foundation through volunteering.