Company Information

Get to know BROU

Founded on October 22, 1896, the Banco de la República Oriental del Uruguay (BROU), also known as Banco República, is the most important financial institution in Uruguay. As a state-owned entity, its mission is to contribute to the economic and social development of the country. BROU offers a comprehensive portfolio of banking and financial services to a diverse clientele, including individuals, small and medium-sized enterprises (SMEs), large corporations, and the public sector. Its services encompass personal and business banking, loans, credit cards, investments, international trade services, and asset management.

Industry

Financial BankingPRIMARY
Financial Other Service

Contact

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BROU

Argentina

Founded in

24 Aug 1896 (129 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.