| BBVA Banco Frances S.A. (the Bank) is an Argentina-based bank, which conducts capital markets and securities operations directly, in the over-the-counter market, and through a subsidiary, on the Buenos Aires Stock Exchange. The Banks operates 591 automated teller machines (ATMs), a telephone banking service and an Internet banking service, called Frances Net. BBVA Banco Frances S.A. has a market share in the mutual fund portfolio management industry in Argentina through Frances Administradora de Inversiones S.A., and in the pension fund industry through Consolidar AFJP S.A. The Bank is a subsidiary of Banco Bilbao Vizcaya Argentaria. |
