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Banco de Corrientes proposes dividend

Banco de Corrientes SA will propose in a March 9 shareholders' meeting a dividend payment worth 280,000 Argentine pesos.

The dividend will be paid to holders of classes A, B and C shares.

The distribution will also be subject to the approval of the central bank, according to a regulatory filing.

As of Feb. 14, US$1 was equivalent to 20.01 Argentine pesos.