Banco Patagonia is a commercial bank. Co. is the controlling entity for a group of companies that acts in the Argentine financial and securities markets, which, in addition to the Bank, comprises Patagonia Valores S.A. Sociedad de Bolsa and Patagonia Inversora S.A. Sociedad Gerente de Fondos Comunes de Inversion. In addition, the Bank controls Banco Patagonia (Uruguay) S.A.I.F.E. in the Republic of Uruguay. Co. grants credit facilities to middle-income individuals forming its Salary Plan customer base and to small and medium-sized businesses. As of Dec 31 2013, Co.'s total assets amounted to Arg$30,146,394,000 and its total deposits amounted to Arg$22,067,025,000.
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