Report of Foreign Issuer (6-k)
May 08 2018 - 5:22PM
Edgar (US Regulatory)
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
May 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.
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):
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):
INDEX
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1.
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Translation of a submission from Banco Macro to the CNV dated
on May 8, 2018.
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City of Buenos Aires, May 8th 2018
To
Comisión Nacional de Valores
(Argentine Securities
Exchange Commission)
Re
. Relevant Event
Please be advised that on the date hereof BANCO MACRO S.A. has
been given notice of a class action entitled “
Asociación por la Defenda de Usuarios y Consumidores
(ADUC) vs.
Banco Macro S.A. on Ordinary Proceedings” (Court File No. 8434/2016).
Plaintiff challenges the charge applicable as of the effective
date of Communication 5795 issued by the BCRA (Central Bank of the Republic of Argentina), occurred on November 13
th
2015, as “group life insurance on debit balances" as accessory insurance to different credit products since it understands
that such rule would establish that as of such date the hiring of the above mentioned insurance, as well as the maintenance of
any insurance hired prior to the effective date of said rule, would have turned optional for consumers, thus, always according
to plaintiff’s interpretation of the rule, the Bank should have informed such situation to its customers, both customers
taking new financing products and those who have previous financing facilities with the Bank. In this last case, to allow customers
to expressly declare their consent to keep such insurance in force, and only consider as such those insurance policies the holders
of which had expressly stated they would keep, so that the Bank could only charge such insurance to the latter.
Plaintiff claims the Bank to cease such conduct and to reimburse
all allegedly affected customers the amounts charged as such plus interest.
The complaint is pending before the Court of First Instance
in Commercial Matters No. 5, Cleark’s Office No. 10.
Banco Macro S.A. deems there is low probability
of getting an unfavorable court decision in this dispute, and even if that were the case, such unfavorable decision would not have
a material impact on its assets.
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: May 8, 2018
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MACRO BANK INC.
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By:
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/s/ Jorge Francisco Scarinci
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Name: Jorge Francisco Scarinci
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Title: Chief Financial Officer
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