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BBVA Banco Francés S.A. Message Board

  • dasamaru40 dasamaru40 Aug 3, 2013 10:26 AM Flag

    chess 2004132

    Only reason that I mentioned the squirrel-size payout by Grupo Financiero Galicia is because this type of occurrence will generally lead to similar actions by others in the peer group. BFR has a pretty decent recent history of payouts , but the regulatory authority in Argentina requires mandatory investments by the banks to a certain percentage of deposits. Whatever is decided by the management of BFR will be constrained by pressure originating from the government of Argentina. Perhaps, the parent company in Spain will eventually decide to buy-out the small remaining float of BFR, as was the case of Banco Ganadero in Colombia, several years ago. I was the beneficiary of that buy-out after holding-out for a much higher price after the original offer was made by BBVA. My view is entirely conjecture and not based on any divinely-inspired insight..

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    • Thank you for your response. Looking back on the way I said it, it seems kind of rude. I didn't mean to be rude, I was genuinely curious what it had to do with BFR. With that in mind, I really hope the company doesn't create dividend policies because of other companies, I prefer it to be because they believed it is the right thing to do.

      Sentiment: Strong Buy

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