Macro BMA

Macro BMA, formerly known as Banco Itaú, is 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.

History
It was founded in 1998 after the purchase of Banco Del Buen Ayre. The bank has 99 bank branches, 140 ATMs and 400,000 customers across the country.

The bank is one of the largest banks in Argentina, competing with BBVA, Grupo Financiero Galicia, Banco Patagonia, among others.

On August 24, 2023, Banco Macro purchased this bank from its then parent Itaú Unibanco for a price of US$50 million. On November 3, 2023, the entity was renamed Macro BMA.