Banco De Valores S.A. (Argentina)

Banco de Valores S.A. is a prominent Argentine financial institution specializing in investment banking and capital markets services, with complementary operations in commercial banking. Headquartered in Buenos Aires, the bank was incorporated on September 7, 1977, and has since positioned itself as a key player in the development of Argentina’s capital markets. Its core business activities include the structuring and placement of financial and non-financial trusts, mutual funds, corporate and government securities issuance, credit and factoring services, and custody and settlement operations. The bank also acts as a trustee and underwriter for public offerings and provides advisory services. Its most recognized brand is VALO, under which it operates in Argentina, Uruguay, Paraguay, and the US. Banco de Valores is publicly traded on the Buenos Aires Stock Exchange under the ticker VALO, and as of 2024, the general public holds over 98% of its shares, with minor institutional participation from firms like Santander Río Asset Management and Galicia Asset Management. The bank was originally founded by Mercado de Valores de Buenos Aires S.A., which historically held 99.9% of its capital and shaped its identity as the financial arm of Argentina’s stock exchange system. Over its 45+ year history, Banco de Valores has played a pivotal role in modernizing and expanding the Argentine financial ecosystem, recently strengthening its position through a strategic merger with Columbus Investment Banking in 2024.