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]
References
- ↑ "Julio César Porteiro, new BROU Chairman". El Observador. 9 April 2014.
- ↑ "History of BROU" (in Spanish). Retrieved 2012-04-30.
- ↑ http://www.imontevideo.com/historia/historia.asp?ref=1/
External links
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