Banco Patagonia is an Argentine commercial bank headquartered in Buenos Aires. The company operates in the individual, as well as small and medium-sized business banking segments, and has currently more than 775,000 clients. Banco Patagonia was established as a brokerage house in 1976. Following its entry into the auto loan sector in 1987, it became a commercial bank (Banco Mildesa) in 1988. Mildes grew with the 1996 acquisition of the newly privatized Banco de Río Negro, and was renamed after the latter province's region of Patagonia, in 2000.