BMA Banco Macro SA

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

                        

 

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

March 8, 2018

                        

 

Commission File Number: 001-32827

 

                        

 

MACRO BANK INC.

(Translation of registrant’s name into English)

                        

 

Sarmiento 447

Buenos Aires C1 1041

Tel: 54 11 5222 6500 

(Address of registrant’s principal executive offices)

                        

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F

x

Form 40-F

o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes

o

No

x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes

o

No

x

  

 

INDEX

 

1.

Translation of a submission from Banco Macro to the CNV dated on March 8, 2018.

 

 

 

 

Buenos Aires, March 8th, 2018.

 

 

To

Comisión Nacional de Valores (Argentine Securities Exchange Commission)

 

 

Re. Relevant Event

 

 

Please be advised that the Board of Directors, during its meeting held on the date hereof, resolved to propose to the shareholders’ meeting the following:

 

(i)

To distribute as dividend in cash the amount of AR$ 5 per share, which shall represent an aggregate distribution of AR$ 3,348,315,105 (500% of the capital stock of the Bank of AR$669,663,021), through the partial write-off of the optional reserve fund for future distribution of profits. Since such a distribution has to be previously authorized by the Central Bank of the Republic of Argentina, to request the relevant authorization from such entity.

(ii)

That the retained earnings for the year ended 12/31/2017, totaling AR$ 9,388,771,818.55, be applied as follows: a) AR$ 1,877,754,363.71 to the Legal Reserve Fund; and b) AR$ 7,511,017,454.84 to the optional reserve fund for future profit distributions, pursuant to Communication “A” 5273 issued by the Central Bank of the Republic of Argentina.

 

In addition, please be informed that on the above mentioned meeting the Board also resolved not to motion for profit capitalization or monetary adjustments to capital or other items.

 

Sincerely,

  

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

 

Date: March 8, 2018

 

 

	MACRO BANK INC.
	By:	/s/ Jorge Francisco Scarinci
	Name: Jorge Francisco Scarinci
	Title: Chief Financial Officer