` Our company | República Administradora de Fondos de Inversión S.A.

Nuestra empresa

Our company

We are the first Financial Trust Company in Uruguay, created in December 2003. We are authorized by the Central Bank of Uruguay to engage in management and administration of Private and Public Financial Trusts, as well as Investment Funds.

From its inception, the Company has stood out as a leader in the fiduciary market, through the creation of innovative financial solutions. The Company is a part of the BROU Conglomerate, and its shares are 100% owned by the Bank of the Oriental Republic of Uruguay.


To provide financial services through trusts and investment funds, linked to the recovery and administration of assets and obtaining financing, assisting our clients in the design, structuring and/or management of their operations.


To be a leading Trust Company, by offering services that contribute to the development of the capital market and innovative products, generating benefits in economic, social and productive matters.

Our values

  • Professional Responsibility

    Professional responsibility is closely linked to service vocation in the performance of our operation, to privacy and confidentiality in our actions, and to our involvement with the projects we develop, within the legal framework and the terms established by each of our clients.

  • Efficiency and Continuous Improvement

    We are committed to efficiency and continuous improvement in all actions, seeking to offer the best quality of service to our clients, developing products and services that meet their needs, valuing the initiative and creative capacity of our staff.

  • Ethics and Transparency in the Operation

    Our performance is characterized by the strict adherence to the legal framework and internal regulations, and transparency in management. These factors are the basis of our operation’s credibility.

  • Responsible Social Behavior

    In the definition and development of our businesses and operations, we incorporate social and environmental aspects, as well as the best corporate governance practices, seeking to act responsibly in our community.

Board of directors

Management Team

Supervisory committee

Code of Ethics and Best Practices

Risk Rating Agency

Since 2016 República AFISA has had Operational Risk Ratings undertaken by Fix Scr Uruguay - Calificadora de Riesgo S.A.

Its rating is 1FD(uy).  This rating corresponds to  the maximum score.

"“The institution rated at this level demonstrates the highest levels of ability and performance in most aspects evaluated. Its organization, technology, as well as its operation, communication and control systems are of the highest quality."

Memoria y Estados Financieros

Banco República Group