Doing Business in Argentina

About Citi Commercial Bank Argentina

Citi opened its first branch outside the U.S. in Buenos Aires in 1914. Citi Commercial Bank now serves mid-sized businesses in Argentina through commercial bank offices in Buenos Aires, Argentina's capital city and the second largest metropolitan area in South America; Córdoba, a diversified technological and industrial center located near Argentina's geographic center; and Rosario, an agribusiness center with a diversified industrial base that includes petrochemical, automotive and manufacturing operations.

In the role of skilled officers, CCB Argentina's Relationship Managers are committed to helping their clients arrange custom-design commercial banking solutions to realize their companies' growth strategies.


Hernan Alegre

CCB Argentina Country Business Head

Mr. Alegre, who has held his current position since 2009, joined Citi in 1994 as a Financial Analyst for the Institutional Clients Group (ICG). After that, he was responsible for the development and management of the Leasing business in Argentina. In 2001, he led Argentina's Asset Based Finance and Leasing Division-Soft Assets group for ICG and was in charge of the development and management of all products related to Short Term Financing. Two years later, he became Business Planning Head for ICG and was responsible for managing the Annual Business Plan, Monthly and Mid-Year Forecasts and Balance Sheet Projections. In 2006, he was promoted to Channel Finance Head, leading the execution of the new strategy for Receivables Finance (Suppliers & Customers Financing) and the development and management of all Corporate Lending Products until the end of 2008.

"CCB Argentina's primary goal is to become our client's Thought Partner. Our dedicated Relationship Managers are here to listen to our client's needs, understand their challenges and help them with specific solutions tailored to each stage of their business development, with the advantage of being a global bank that can assist them virtually everywhere."

- Hernan Alegre