INGATE

From The Sip Trunking Experts

TMCNet:  Banco Macro Announces Results for the Fourth Quarter of 2012

[February 14, 2013]

Banco Macro Announces Results for the Fourth Quarter of 2012

BUENOS AIRES, Argentina, Feb. 14, 2013 /PRNewswire via COMTEX/ -- Banco Macro S.A. (NYSE: BMA; BCBA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the fourth quarter ended December 31, 2012 ("4Q12"). All figures are in Argentine pesos (Ps.) and have been prepared in accordance with Argentine GAAP.


Summary -- The Bank's net income totaled Ps.425.8 million in 4Q12. This result was 3% higher than the Ps.411.9 million reported in the third quarter of 2012 ("3Q12") and 23% higher than the Ps.346.4 million posted in the fourth quarter of 2011 ("4Q11"). In 4Q12, the annualized return on average equity ("ROAE") and the annualized return on average assets ("ROAA") were 27.8% and 3.5%, respectively.

-- In 4Q12, Banco Macro's financing to the private sector grew 9% or Ps.2.7 billion quarter over quarter ("QoQ") totaling Ps.31.9 billion. Commercial loans showed better performance than consumer loans. Among commercial loans, pledge and mortgages loans (mainly productive investments loans with mortgage and pledge guarantees respectively, according to Communication "A" 5319 of BCRA), grew 45% and 34% QoQ, respectively. Credit cards and personal loans rose 20% and 5% QoQ, respectively.

-- In 4Q12, Banco Macro's total deposits grew 4% QoQ, totaling Ps.36.2 billion and representing 86% of the Bank's total liabilities. Private sector deposits grew 5% QoQ.

-- Banco Macro continued showing a strong solvency ratio, with excess capital of Ps.2.1 billion (19% capitalization ratio). In addition, the Bank's liquid assets remained at an adequate level, reaching 31.7% of its total deposits in 4Q12.

-- In 4Q12, the Bank's non-performing to total financing ratio was 1.78% and the coverage ratio reached 154.52%.

4Q12 Earnings Release Conference Call Friday, February 15, 2013 Time: 11:00 a.m. Eastern Time | 1:00 p.m. Buenos Aires Time To participate, please dial:Argentine Participants: (0800) 333 0511U.S. Participants: +1 (888) 772 8167 Participants from outside the U.S.: +1 (779) 232 1760 Conference ID: 89466293Webcast:click hereWebcast Replay: click hereAvailable from 2/15/2013 through 3/1/2013 With the presence of: Jorge Pablo Brito (Member of the Executive Committee), Guillermo Goldberg (Commercial Deputy General Manager) and Jorge Scarinci (Finance and IR Manager).

IR Contacts in Buenos Aires: Jorge ScarinciFinance & IR Manager Ines LanusseInvestor Relations Phone: (54 11) 5222 6682E-mail: investorelations@macro.com.ar Visit our website at: www.ri-macro.com.ar SOURCE Banco Macro S.A.

http://rt.prnewswire.com/rt.gif NewsItemId=MX60537&Transmission_Id=201302141656PR_NEWS_USPR_____MX60537&DateId=20130214

[ Back To SIP Trunking Home's Homepage ]

Loading
Subscribe here for your FREE
SIP TRUNKING enewslettter.

Featured Partner


Featured Whitepapers

SIP Security for the Enterprise
Voice over IP (VoIP) is incorporated into a variety of computer networks, both public and private, and used for everyday transactions and communications among carriers, businesses, government agencies...

Making A Broadband Purchase Decision
Businesses today have many options for broadband connectivity. Clarifying your particular business needs prior to selecting a broadband provider will ensure an optimal match of broadband service to your requirements.

Voice-Optimized Network Delivers Premier Call Experience
Customers equate call quality with business quality. Real-time communication, interpersonal interaction, and the cordial tone of a call center representative can create a positive impression of your business that no email can match.

Featured Case Studies

Business Telecom Expenses Reduced 50%
A small to medium sized company in the midwest was interested in migrating to IP Communications, but in today's economy, they were hesitant to upgrade their communication system due to their perception that the cost would outweigh the benefits.

Multi-State Company Cuts Telecom Costs 50%
A multi-site, multi-state company with extensive monthly long distance fees and toll-free charges did not have adequate broadband for Broadvox SIP Trunking requirements, nor did they have a SIP enabled telephone system.

Discover Leisure Connects Remote Users to its IP-PBX
Discover Leisure is one of the largest resellers of caravans and motor homes in the UK. With 15 branch of?ces all over the country, the company spent a great deal of money every month just on internal phone calls.

Featured eBOOKS

Internet+: The Way Toward Global Unified Communication
Connecting the telephony of the enterprise PBX or Unified Communications (UC) system using SIP trunks instead of conventional telephone lines has been very successful in recent years.

What is SIP Trunking? Edition 2
SIP trunking is becoming more of a focus for service providers. One key issue many service providers face when deploying SIP trunks is NAT, or Network Address Translation, traversal.

What is SIP Trunking? Edition 1
A vast resource for information about all things SIP - including SIP, security, VoIP, SIP trunking and Unified Communications.

Featured Videos

Broadvox VAR Testimonial VAR 1:
Part 1 of the VAR (Value Added Reseller) Partner Program Testimonials for Broadvox...

E-SBCs AS The Demarcation Point:
Ingate's Steve Johnson talks to Erik Linask about the role session border controller plays as the demarcation point at...

Demystifying DPI
How can deep packet inspection protect your SIP traffic as well as your entire network?

Featured Resources

Partner Program Overview:
Over 4,000 VARs, Master Agents, Solution Providers, and Independent IT Professionals trust Broadvox. We offer customized services and solutions to fit seamlessly into any company's business model. And when you partner with Broadvox, every member of our team stands behind you and your customers 100%...

SIP Trunk UC Summit

What's New

Presenting the New Ingate/Intertex Website:
Internet+ is an extended Internet access allowing high quality SIP (Session Initiation Protocol) based real-time person-to-person communication, everywhere and for any application. It applies to both fixed and mobile networks ...

Featured Blogs

Featured Webinars

Secure SIP Trunking:
What You Need to Know

Successfully Deploying Enterprise SIP Trunking:
Tools and Techniques for Overcoming Common Roadblocks

Featured Podcasts

Getting the Most Out of Your SIP Trunks:
Ingate's Steve Johnson and TMC's Erik Linask discuss how best practices forgetting the most out of SIP Trunking services and common pitfalls to avoid.

Featured Datasheets

Ingate SIParator E-SBCs
Adopting SIP is a simple process with the Ingate SIParator, the secure enterprise session border controller (E-SBC). The SIParator makes secure SIP communications - including VoIP,SIP trunking and more - possible while working seamlessly with your existing network firewall.

Ingate Firewalls
Everyone is talking about enterprise usage of VoIP, instant messaging and other types of realtime communications including presence and conferencing.

SIP Trunk Solutions for Service Providers
The award-winning Ingate Firewall and Ingate SIParator deliver a high quality, reliable SIP trunk connection between the customer's IP-PBX and the service provider network, and solve interoperability issues to simplify deployments and support for remote diagnosis of reported issues.