Grupo Financiero Galicia S.A. is a financial services holding company based in Buenos Aires,[3] and its banking operations are the fifth largest in Argentina, as well as the largest among all domestically owned private banks in the country.[4]
Overview
The bank was founded in 1905 as the Banco de Galicia y Buenos Aires by a consortium led by Manuel Escasany, a jeweler and clockmaker of Galician origin. It was registered under the laws of the Argentine Republic. Its executive offices are located in Buenos Aires. The name referred to the Galician heritage of the Escasanys, the largest original shareholders,[5] as well as to the Spanish Argentine immigrant community from that region (who were second only to Italian Argentines in number).[6]
The bank maintained over 2,500 accounts by the end of its first year, and in 1907, it was listed on the