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Created before Nov 2016
Last update: 2017-09-01 10:47:50
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Founded in 1905, Banco Galicia is one of the largest private sector banks in the Argentine financial system and a leading financial services provider in the country. As a universal bank, Banco Galicia offers, through affiliated companies and a variety of distribution channels, a full spectrum of financial services to over 4.2 million customers, both individual and corporate. Banco Galicia is one of the first Latin-American banks to adopt the Equator Principles. In December 2016 Banco Galicia controlled assets worth ARS 242.2 billion.
Tte. Gral. Juan D. Perón 407
C1038AAI Buenos Aires
Pedro Alberto Richards |
Chief Executive Officer
Sustainablility report 2016|
Annual report 2016
listed on Buenos Aires Stock Exchange
While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning
BankTrack to Equator Principles banks; ‘get the Outside Job done’
New rules for Equator Principles, but no new commitments from banks
Equator Principles: Action, not words needed
Civil society groups call for bold steps forward with Equator Principles
Voluntary initiativesBanco Galicia has committed itself to the following voluntary standards:
To view to the sustainability website of Banco Galicia go here.
Banco Galicia and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Banco Galicia adopted the Equator Principles in 2007.
Reporting on the Equator Principles
Banco Galicia must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Banco Galicia is not in compliance with its reporting obligations. The link provided is broken or not correct
Implementation and reporting
Banco Galicia is reporting on the implementation here.