Banco de la República Oriental del Uruguay
| State-owned | |
| Industry | Banking Financial services |
| Founded | August 24, 1896 |
| Headquarters | Montevideo, Uruguay |
|
Area served
|
Uruguay |
|
Key people
|
Julio César Porteiro, Chairman of the Board[1] |
| Website | bancorepublica.com.uy |
Banco de la República Oriental del Uruguay (also known as BROU) is a state-owned bank in Uruguay, founded in 1896 under the presidency of Juan Idiarte Borda. It is the most important Uruguayan bank with the largest number of customers.[2]
It plays a dominant role in lending and deposit in the Uruguayan market. It is also responsible for the collection of exportation taxes.
History
On October 22, 1896 at 10:00 a.m. the bank opened its doors for the first time with 54 employees. The first deposit was made by the President of Uruguay, Juan Idiarte Borda.[3][citation needed]
References
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- ↑ http://www.imontevideo.com/historia/historia.asp?ref=1/
External links
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