Banco Macro: Lagging Its Peers (NYSE:BMA)

ferrantraite Thesis Banco Macro (NYSE:BMA) is one of the primary traditional banks in Argentina. It has the largest branch network in the country. The deposit composition is dominated by time deposits and saving accounts. Corporate bond issuance represents 5.1 % of company liabilities. On the other hand, the bank`s loan portfolio is focused on retail…

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