Name

BACS

Legal name

BACS Banco de Crédito y Securitización S.A.

Website

https://bacs.com.ar

Company type

Private

Founded year

2026

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

State Commercial Banks (6022), Security Brokers, Dealers & Flotation Companies (6211), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

akta.pro secondary industries

Investment-Grade Corporate Credit (FSAAAHAB), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• Investment banking services
• Corporate debt financing
• Capital markets intermediation
• Private banking advisory
• Fiduciary trust services

Headquarters

HQ city

Buenos Aires

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Debt Issuance Arrangement Fees: BACS earns arrangement and organization fees for structuring and placing debt instruments such as obligaciones negociables (negotiable obligations), financial trusts, and other capital market products. Fees are charged as percentage of amount effectively placed, up to 5% for primary market operations.
2. Secondary Market Trading Commissions: Commissions charged on secondary market operations including equities (1.00% on gross amount, minimum $50), options (2.0% on gross amount, minimum $50), futures (1.5% on gross amount, minimum $50), and deferred payment checks (3.00% annual, minimum $1,000). Monthly account maintenance fee of $10.
3. Custody and Administration Fees: Annual custody fees on various instruments including shares (0.10% on average monthly position), financial trusts, and other securities. Acreage commissions ranging from 0.05% to 1% depending on instrument type. Transfer fees also apply for inter-depositary transfers.
4. Corporate Lending and Credit Services: Revenue from syndicated loans, bilateral loans, document discounting, factoring, portfolio purchases, and guarantee/aval services for corporate clients.
5. Fiduciary Services: Fees for structuring, administration, and management of financial and guarantee trusts. BACS acts as Fiduciary, Organizer, Underwriting, and Placement agent for trust structures.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

BACS (Banco de Crédito y Securitización S.A.) is an Argentine investment bank operating through three business lines: (1) Corporate Financing providing syndicated loans, bilateral loans, factoring, portfolio acquisitions, credit lines, and guarantees; (2) Capital Markets and Fiduciary Services offering structuring and placement of negotiable obligations and financial trusts as well as fiduciary services; and (3) Investment Products distributing term deposits, investment funds, negotiable obligations, and private banking services to retail, family office, and institutional investors.

Product overview

BACS (Banco de Crédito y Securitización S.A.) is an Argentine investment bank operating as a unified platform with three interconnected business lines: (1) Financiamiento providing corporate financing solutions including syndicated loans, bilateral loans, factoring, portfolio acquisitions, credit lines, and guarantees; (2) Mercado de Capitales y Servicios Fiduciarios offering structuring and placement of financial instruments including Negotiable Obligations (Obligaciones Negociables), Financial Trusts (Fideicomisos Financieros), and acting as fiduciary; and (3) Inversiones distributing investment products to retail and private banking clients through sub-brands Toronto Trust (investment funds) and Toronto Inversiones (private banking). The platform is anchored to Banco Hipotecario and IRSA as key shareholders, enabling vertical integration from corporate financing through capital markets to investor distribution.

Differentiator

Problem solved

Functional benefit

Brands

• Toronto Trust: Family of mutual funds (fondos comunes de inversión) managed by BACS, offering diversified portfolios managed by experts.
• Toronto Inversiones

Products and services

• Financiamiento (Corporate Financing) Comprehensive corporate financing solutions for enterprises including syndicated loans, bilateral loans, document discounting/factoring, portfolio acquisitions, current accounts with credit lines, and guarantees/avales to support infrastructure, expansion, and working capital needs.
• Mercado de Capitales y Servicios Fiduciarios (Capital Markets and Fiduciary Services) Structuring and placement of publicly offered financial instruments including Negotiable Obligations (Obligaciones Negociables) and Financial Trusts (Fideicomisos Financieros), acting as Fiduciary, Organizer, Underwriting, and Placement Agent for corporate issuers.
• Inversiones (Investment Products) Investment offerings for retail and institutional investors including term deposits, negotiable obligations, financial trusts, investment funds, interest-bearing accounts, and private banking advisory services.
• Plazos Fijos (Term Deposits) Fixed-term deposit products in Argentine pesos and US dollars with competitive rates, available with account credit, UVA early cancellation option, or certificate issuance, covering 24 Argentine jurisdictions.
• Fondos Comunes de Inversión (Investment Funds) - Toronto Trust Family of mutual funds (fondos comunes de inversión) managed by BACS through the Toronto Trust sub-brand, offering diversified portfolios managed by professionals for individual and institutional investors.
• Banca Privada (Private Banking) - Toronto Inversiones Personalized wealth management advisory services for high-net-worth individuals and family offices, offering investment strategies and total confidentiality through the Toronto Inversiones sub-brand.
• Obligaciones Negociables (Negotiable Obligations) Corporate debt securities issued by companies to obtain direct financing from investors, with commitment to repay capital and pay interest over a determined period, structured and placed by BACS in the primary market.
• Fideicomisos Financieros (Financial Trusts) Structured instruments where specific assets or future cash flows serve as backing for debt securities purchased by investors, providing legal guarantee and fiduciary control with BACS acting as fiduciary.

Quantifiable outcome

• Combined AUM of US$1.6 billion through strategic combination

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

Two partnerships are on record, tiered flagship and minor.

• Vinci Compass Investments Ltd.flagshipStrategic or Co-development Partner · 22 April 2026Vinci Compass merged its Argentine asset management operations (Investis) with BACS through a share swap transaction, creating a combined platform with approximately US$1.6 billion in AUM. The all-stock corporate reorganization with no cash component (plus earn-out clause) enables Vinci Compass to expand its presence and product offerings in Argentina and other Latin American markets. The deal is expected to close in Q2 2026, subject to regulatory approval, and is anticipated to be immediately accretive to Vinci Compass' Argentine earnings while providing access to BACS and Banco Hipotecario's distribution networks.
• Verde (Asset Management)minorStrategic or Co-development PartnerVinci Compass mentioned ongoing integration with Verde as part of its regional expansion strategy alongside the BACS combination. This indicates Verde is part of the expanded group following the strategic combinations.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Puente: Puente is a Buenos Aires-based investment bank and asset manager providing trading, corporate advisory, fixed income, and wealth management. It competes head-to-head with BACS in Argentine DCM and brokerage, targeting overlapping corporate and institutional client segments.
• SBS Sociedad de Bolsa: SBS is an Argentine broker-dealer with strong equities and fixed income trading, research, and asset management capabilities. It directly competes with BACS in primary issuance, secondary trading commissions, and custody across the institutional investor base.
• Bull Market Brokers: Bull Market Brokers is an Argentine retail-focused broker offering equities, fixed income, and mutual fund products. It overlaps with BACS's retail distribution arm (particularly term deposits and Toronto Trust funds) for individual investor clients in Argentina.
• Allaria Ledesma: Allaria Ledesma is an Argentine broker-dealer and investment bank offering primary market placement, secondary trading, custody, and asset management. Its product mix closely mirrors BACS's DCM and distribution platform, serving both corporate issuers and retail/institutional investors in Argentina.
• Criteria Global Wealth: Criteria Global is an Argentine wealth management firm serving HNW individuals with personalized advisory, portfolio management, and structured products — directly comparable to BACS's Toronto Inversiones private banking sub-brand.
• Balanz Capital: Balanz is one of Argentina's leading local broker-dealers and asset managers, offering equities brokerage, fixed income, mutual funds, and corporate DCM services. It is the closest direct competitor to BACS's combination of capital markets intermediation and investment management, serving similar retail and institutional clients in Argentina.

Broad incumbents

• Banco Macro: Banco Macro is a major Argentine commercial bank with treasury, corporate lending, and capital markets activities. It overlaps with BACS's corporate financing and DCM business but as a diversified retail/commercial bank rather than a pure-play investment bank.
• Banco Patagonia: Banco Patagonia is a mid-to-large Argentine commercial bank with corporate banking, treasury, and capital markets capabilities. It competes with BACS in syndicated lending and DCM, but its core franchise is regional commercial banking rather than investment banking specialization.
• Grupo Financiero Galicia: Grupo Financiero Galicia is one of Argentina's largest financial groups, with a commercial bank (Banco Galicia), asset management (Galicia Asset Management), and broker-dealer operations. It competes broadly with BACS across retail deposits, mutual funds, and corporate DCM, but at substantially larger scale and as part of a diversified banking group.
• Banco Supervielle: Banco Supervielle is an Argentine universal bank offering retail banking, asset management (Supervielle Asset Management), and corporate services. It competes with BACS for retail investment products and SME/corporate financing within a broader banking franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/bancobacs

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BACS