2. BBVA Banco Frances ( BFR) is an Argentina-based bank and providing personal and corporate loans and credit cards. During the March quarter of 2011, net profit improved 22.4% year-over-year, driven by robust net interest income (NII), up 29.4% on better margins. Credit growth rose 57% year-over-year, boosted by traction in its private sector loan portfolio. Deposits grew 30% compared to the same period last year. Gross non-performing loan ratio declined to 0.51% with a coverage ratio of 482.6%. Analysts' consensus estimate pegs average gains at 83% over the next one year.