Milei turns Banco Nación into a corporation

El Pais

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The government of Javier Milei has taken a new step in his career to shrink the state on Thursday. With a decree that bears his signature, the president has turned into a public limited company the Banco Nación, the largest banking entity in Argentina, with 17.5% of the market. The government cannot privatize the nation, as it intended to start management in December 2024, because the opposition left it out, along with Aerolíneas Argentinas and …

The Rio Times

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Milei Switches Argentina’s Top Bank to Limited Company Status

Argentina’s official gazette on February 20, 2025, publishes President Javier Milei’s decree making Banco de la Nación a limited company. This skips Congress’s block on privatization, kicking up dust with unions and lawmakers. The bank runs 20% of deposits and logs $13 billion in assets. Milei, pushing free markets, says this modernizes the bank’s setup […]

telesurtv.net

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The union led by Sergio Palazzo declared himself in "a state of alert and mobilization" before the publication of Javier Milei who officialized the transformation of Banco Nación into a public limited company, just before traveling to the United States to meet with the managing director of the International Monetary Fund and in the midst of an international crypto-stafa scandal. "A president denounced by fraudster, who may end up imprisoned for …

Merco Press

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Milei turns Banco Nación into a corporation

Argentine President Javier Milei signed a decree transforming Banco de la Nación Argentina into a corporation in a move to facilitate its future privatization or allow private investors to join its capital. The bank currently has assets of US$ 48 billion, deposits of US$ 33 billion, and a net worth of US$ 15 billion.

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infobaires24.com.ar

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This Thursday the national government published in the Official Gazette the decree where the conversion of the financial institution was officialized. It is projected that it will have total assets of $48 billion pesos

la Nacion

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The Government decreed the conversion of the Banco de la Nación Argentina (BNA) into a public limited company (SA). It did so by means of the decree of necessity and urgency (DNU) 116/2025 published this Thursday morning in the Official Gazette, minutes after the presidential spokesman, Manuel Adorni, advanced it with a post in his X account. According to them, the decision seeks to modernize the operational and legal structure of the bank, alig…