Grupo Supervielle S.A. (SUPV): Análisis PESTLE [Actualizado en Ene-2025]

En el panorama dinámico de la banca argentina, Grupo Supervielle S.A. navega por un complejo ecosistema de incertidumbre política, volatilidad económica y transformación tecnológica. Este análisis integral de mortero presenta los complejos desafíos y oportunidades que enfrentan esta innovadora institución financiera, revelando cómo se adapta estratégicamente al entorno empresarial que cambia rápidamente de Argentina. Desde presiones regulatorias hasta innovación digital, Grupo Supervielle se encuentra en la intersección de los servicios financieros bancarios y de vanguardia tradicionales, ofreciendo una visión fascinante del mundo multifacético de la estrategia financiera moderna.

Grupo Supervielle S.A. (SUPV) - Análisis de mortero: factores políticos

La inestabilidad política en curso de Argentina que afecta las regulaciones del sector bancario

A partir de enero de 2024, Argentina experimentó una volatilidad política significativa con la elección del presidente Javier Milei, quien propuso reformas económicas radicales. El sector bancario enfrentó posibles cambios regulatorios, que incluyen:

Indicador político	Estado actual	Impacto potencial
Incertidumbre regulatoria	Alto	Moderado a significativo
Probabilidad de cambio de póliza	75%	Sustancial

Política potencial cambia bajo un nuevo gobierno que impacta los servicios financieros

Las consideraciones de política clave para Grupo Supervielle incluyen:

• Dollarización potencial de la economía argentina
• Reducción potencial de las regulaciones del sector bancario
• Posible eliminación de los controles de capital

Aumento del escrutinio gubernamental de la transparencia bancaria y el cumplimiento

El Banco Central de Argentina implementó requisitos de cumplimiento más estrictos en 2024, que incluyen:

Área de cumplimiento	Nuevos requisitos reglamentarios
Anti-lavado de dinero	Mecanismos de informes mejorados
Transacciones de divisas	Documentación más detallada

Incertidumbres de política macroeconómica que influyen en las estrategias del sector financiero

Indicadores macroeconómicos de Argentina a partir de enero de 2024:

• Tasa de inflación: 211.4%
• Devaluación de la moneda: aproximadamente el 50% frente a USD
• Tasa de interés del banco central: 97%

La evaluación de riesgos políticos para Grupo Supervielle sigue siendo alta debido a la inestabilidad económica persistente y posibles cambios de política radical.

Grupo Supervielle S.A. (SUPV) - Análisis de mortero: factores económicos

Altas tasas de inflación en Argentina desafiando la rentabilidad bancaria

La tasa de inflación de Argentina alcanzó 142.7% en diciembre de 2023, que representa uno de los niveles de inflación más altos a nivel mundial. Para Grupo Supervielle, este entorno económico extremo afecta directamente las operaciones bancarias y la rentabilidad.

Año	Tasa de inflación	Impacto en el sector bancario
2022	95.4%	Márgenes de préstamos reales reducidos
2023	142.7%	Aumento de los desafíos operativos

Peso argentino volátil creando entornos de planificación financiera complejos

El peso argentino experimentado devaluación significativa, con tipos de cambio fluctuando drásticamente. En enero de 2024, el tipo de cambio oficial fue ARS 1.021.50 por USD, mientras que la tasa de mercado paralela alcanzó el AR de 1.400 por USD.

Período	Tipo de cambio oficial	Tasa de mercado paralela
Enero de 2024	ARS 1.021.50/USD	ARS 1,400/USD

Fluctuando las tasas de interés que afectan las estrategias de préstamos y depósitos

El banco central de Argentina mantuvo Tasas de interés de referencia altas Para combatir la inflación, con tasas que alcanzan el 97% en diciembre de 2023.

Período	Tasa de interés de referencia	Tarifa de préstamo
Diciembre de 2023	97%	110-130%

Riesgos de recesión económica que afectan la calidad crediticia y el rendimiento de los préstamos

PIB de Argentina contratado por 2.5% en 2023, indicando desafíos económicos en curso. La calidad de la cartera de préstamos de Grupo Supervielle se vio afectada por estas condiciones macroeconómicas.

Indicador económico	Valor 2023	Impacto en el sector bancario
Crecimiento del PIB	-2.5%	Aumento de préstamos sin rendimiento
Tasa de desempleo	7.8%	Riesgos de incumplimiento crediticio más altos

Grupo Supervielle S.A. (SUPV) - Análisis de mortero: factores sociales

Creciente adopción de la banca digital entre la demografía argentina más joven

Según un informe de 2023 de Statista, 62.4% de los usuarios de la banca digital argentina son entre las edades de entre 18 y 34 años. Penetración bancaria móvil alcanzada 73.2% entre los millennials y las poblaciones de la generación Z.

Grupo de edad	Tasa de adopción de banca digital	Uso de la banca móvil
18-24 años	54.6%	67.3%
25-34 años	71.8%	79.5%

Aumento de la demanda de soluciones personalizadas de tecnología financiera

Mercado de personalización de fintech en Argentina proyectado para llegar USD 412 millones para 2025, con 37.5% Tasa de crecimiento anual.

Segmento de tecnología financiera	Valor de mercado 2023	Crecimiento proyectado
Soluciones bancarias personalizadas	USD 276 millones	37.5%

Cambiar las preferencias del consumidor hacia los servicios bancarios móviles y en línea

Las transacciones bancarias en línea aumentaron por 48.3% en 2023, con transacciones de banca móvil representando 64.2% de interacciones financieras digitales totales.

Canal bancario	Volumen de transacción	Crecimiento año tras año
Banca móvil	142.6 millones de transacciones	52.7%
Banca web en línea	79.4 millones de transacciones	43.9%

Alciamiento de las expectativas de inclusión financiera en las comunidades argentinas desatendidas

La tasa de inclusión financiera en Argentina alcanzó 68.9% en 2023, con USD 1.2 mil millones invertido en servicios financieros digitales para poblaciones rurales y de bajos ingresos.

Segmento de población	Tasa de inclusión financiera	Acceso de servicio digital
Comunidades rurales	52.3%	43.7%
Áreas urbanas de bajos ingresos	61.5%	56.2%

Grupo Supervielle S.A. (SUPV) - Análisis de mortero: factores tecnológicos

Inversión continua en infraestructura y plataformas bancarias digitales

En 2023, Grupo Supervielle asignó $ 42.3 millones para actualizaciones de infraestructura digital, lo que representa el 7.2% del gasto operativo total. La plataforma digital del banco procesó 68.4 millones de transacciones en línea en 2023, con un crecimiento de 33% año tras año.

Métricas de inversión digital	2023 datos	Datos 2022
Inversión en infraestructura digital	$ 42.3 millones	$ 38.7 millones
Volumen de transacciones en línea	68.4 millones	51.4 millones
Crecimiento de los usuarios de la plataforma digital	23.6%	18.9%

Implementación de medidas avanzadas de ciberseguridad

Grupo Supervielle invirtió $ 18.6 millones en infraestructura de ciberseguridad en 2023, implementando autenticación multifactor y Sistemas de monitoreo de amenazas en tiempo real. El banco reportó cero violaciones de datos principales en 2023.

Métricas de ciberseguridad	2023 datos
Inversión de ciberseguridad	$ 18.6 millones
Incidentes de violación de datos	0
Actualizaciones de protocolo de seguridad	17 actualizaciones importantes

Integración de inteligencia artificial

El banco implementó soluciones de IA en el servicio al cliente y las plataformas de gestión de riesgos, reduciendo los costos operativos en un 12,4% y mejorando los tiempos de respuesta del cliente en un 47%.

Métricas de implementación de IA	2023 rendimiento
Reducción de costos impulsado por IA	12.4%
Mejora del tiempo de respuesta al cliente	47%
Precisión de evaluación de riesgos con IA	94.3%

Pago digital y colaboración FinTech

Grupo Supervielle estableció asociaciones con 12 compañías FinTech en 2023, expandiendo las capacidades de pago digital y procesando $ 2.7 mil millones en transacciones digitales.

Métricas de pago digital	2023 datos
Asociaciones fintech	12 nuevas colaboraciones
Volumen de transacción digital	$ 2.7 mil millones
Usuarios de pagos móviles	1.4 millones

Grupo Supervielle S.A. (SUPV) - Análisis de mortero: factores legales

Regulaciones bancarias estrictas del banco central argentino

A partir de 2024, el Banco Central Argentino (BCRA) impuso Requisitos de capital mínimo de 11.5% para instituciones financieras. Grupo Supervielle debe mantener métricas específicas de cumplimiento regulatorio.

Métrico regulatorio	Requisito de cumplimiento	Grupo Supervielle Status
Relación de adecuación de capital	11.5%	12.3% (cumplido)
Relación de cobertura de liquidez	100%	108.6% (cumplido)
Ratio de préstamo sin rendimiento	Máximo 5%	3.7% (cumplido)

Requisitos de cumplimiento para protocolos contra el lavado de dinero

Grupo Supervielle debe adherirse a Resolución 154/2018 de la Unidad de Información Financiera (UIF), que exige protocolos estrictos contra el lavado de dinero.

• Se requieren informes anuales de cumplimiento
• Diligencia debida del cliente obligatoria
• Umbral de monitoreo de transacciones: ARS 300,000

Aumento de las presiones regulatorias sobre la transparencia financiera

La Comisión de Valores y Valores Argentinos (CNV) requiere Divulgaciones financieras trimestrales con métricas detalladas de transparencia.

Requisito de transparencia	Frecuencia	Fecha límite de informes
Estados financieros	Trimestral	Dentro de los 30 días de fin de cuarto
Divulgación de accionistas	Anualmente	31 de marzo
Transacciones de fiesta relacionadas	Inmediato	Dentro de los 5 días hábiles

Entorno legal complejo para transacciones financieras transfronterizas

Las transacciones transfronterizas están sujetas a Regulaciones de divisas (comunicación A 7106) por BCRA.

• Compra máxima de moneda extranjera: USD 200 por mes para individuos
• Informes de transacciones corporativas obligatorios
• Se requiere documentación adicional para transacciones superiores a USD 10,000

Grupo Supervielle S.A. (SUPV) - Análisis de mortero: factores ambientales

Creciente énfasis en las prácticas bancarias sostenibles

Grupo Supervielle asignó el 5.2% de su cartera de préstamos totales a las iniciativas de financiamiento verde en 2023, que representa a AR 24.6 mil millones en inversiones sostenibles.

Categoría de inversión verde	Monto de inversión (ARS)	Porcentaje de cartera
Proyectos de energía renovable	12,300,000,000	2.6%
Agricultura sostenible	7,850,000,000	1.7%
Iniciativas de eficiencia energética	4,450,000,000	0.9%

Implementación de estrategias de financiamiento verde y evaluación de riesgos ambientales

La cobertura de evaluación de riesgos ambientales se expandió al 78.3% de la cartera de préstamos corporativos en 2023, con Protocolos integrales de detección ambiental.

Métrica de evaluación de riesgos	Valor 2022	Valor 2023
Cobertura de riesgo ambiental de cartera	62.5%	78.3%
Seguimiento de emisiones de carbono	45.6%	67.2%

Aumento de los requisitos de informes de responsabilidad social corporativa

Grupo Supervielle publicó su octavo informe consecutivo de sostenibilidad en 2023, que cubre el 92.4% de su impacto ambiental operativo.

• Las emisiones de gases de efecto invernadero informaron: 34,567 toneladas métricas CO2 equivalente
• Reducción del consumo de agua: 12.6% año tras año
• Tasa de reciclaje de residuos: 47.3%

Desarrollo de ofertas de productos bancarios ecológicos

Lanzó 3 nuevos productos financieros verdes en 2023, dirigidos a clientes conscientes ambientalmente con tarifas preferenciales.

Nombre del producto	Tasa de interés	Cantidad total desembolsada (ARS)
Hipoteca verde	32.5%	5,600,000,000
Préstamo comercial sostenible	36.7%	3,900,000,000
Fondo de Eco-Inversión	29.8%	2,300,000,000

Grupo Supervielle S.A. (SUPV) - PESTLE Analysis: Social factors

Growing demand for digital financial services and mobile banking adoption.

The Argentine consumer's rapid shift to digital is the single biggest social factor impacting Grupo Supervielle. You need to understand this isn't a slow trend; it's a full-scale migration. By May 2025, digital transactions already accounted for more than 75 percent of all banking operations, a massive jump from just 45 percent a decade ago. Over 60 percent of Argentinians now actively use digital banking services. This demand for speed and convenience is why the fintech ecosystem, which now includes 383 firms, is booming.

Grupo Supervielle is defintely responding to this. Their digital push is substantial, evidenced by the GenAI-powered WhatsApp channel they launched for services like credit card authorizations and mobile recharges. Plus, their Tienda Supervielle on Mercado Libre generated 500,000 sessions by June 2025, turning a simple bank into an e-commerce hub. You just have to be digital-first now. The numbers show it.

Metric	Value (2025 Fiscal Year Data)	Significance for SUPV
Digital Transactions Share (of total operations)	>75 percent (as of May 2025)	Core operations must be optimized for digital channels to remain relevant.
Growth in Banking/Digital Payment Accounts	~21% (April-August 2024)	Indicates high market appetite for new accounts, primarily driven by digital providers.
Tienda Supervielle Sessions (Mercado Libre)	500,000 (by June 2025)	Concrete evidence of successful digital ecosystem expansion and customer engagement.

High level of financial exclusion among the lower-income segments, a target for SUPV.

While the headline financial inclusion number is high-over 99% of the adult population had an account by mid-2023, largely thanks to fintechs-the quality of inclusion is still low for many. Only 45 percent of private sector workers, for example, receive their salary directly into a traditional bank account. This gap between having an account and actively using a full suite of traditional banking services is where Grupo Supervielle sees a clear opportunity.

Here's the quick math: the financially underserved are a massive, high-yield retail credit market. Grupo Supervielle's strategy reflects this, with retail loan growth detonating up 196% year-over-year in Q1 2025. Retail loans now account for 52% of their loan book, up from 36% the previous year. They are aggressively targeting this segment, which includes lower-income customers, with products like personal loans and credit cards, though this also means they must manage the rising Non-Performing Loan (NPL) ratio, which climbed to 2.7% in Q2 2025.

Public trust in the traditional banking system remains low due to past crises.

Honesty, the long shadow of Argentina's economic crises means public trust in the traditional banking system is inherently fragile. This low confidence is a structural challenge that benefits the nimbler fintechs. We see this in the deposit shift: fintech accounts more than doubled their share of private sector deposits, rising to 5.2% by November 2024, up from 2.58% the prior year.

For Grupo Supervielle, this manifests as a strong preference for hard currency. Their U.S. dollar savings accounts grew 6.2% sequentially in Q2 2025, outperforming the system average by 10 percentage points. This flight to the dollar is a direct measure of low confidence in the peso and the institutions holding it. The bank must continuously work to build trust by offering stability and high-yield solutions, like their innovative Remunerated Account, which offers daily interest on both Payroll and SME accounts.

Demographic shift toward younger, tech-savvy customers.

The younger generation is driving the pace of change. Individuals between 20 and 44 years old are the most active users, executing an average of 25 electronic payments per month. This group is mobile-first, not just mobile-friendly. They expect seamless digital experiences, and if a bank process is frustrating, they will simply leave; one report showed 83% of Gen Zers have been frustrated by a bank process.

Grupo Supervielle's focus on integrating GenAI-powered services into platforms like WhatsApp is a direct response to this demanding, tech-savvy demographic. They know they have to compete with the user experience set by global tech giants, not just other banks. The challenge is clear: deliver an intuitive, personalized digital experience, or lose the next generation of primary banking customers.

• Focus on Gen Z: 83% of Gen Zers report frustration with bank processes.
• High usage: Ages 20-44 average 25 electronic payments monthly.
• Action: Use GenAI to enhance accessibility and user experience.

Finance: draft 13-week cash view by Friday.

Grupo Supervielle S.A. (SUPV) - PESTLE Analysis: Technological factors

Rapid expansion of FinTech competition, especially in payments and lending.

The Argentine financial landscape is defintely defined by a rapidly expanding FinTech ecosystem, which directly challenges Grupo Supervielle's traditional banking model, particularly in high-volume areas like payments and consumer lending. The number of local FinTech companies reached 383 as of 2024, showing a significant compound annual growth rate (CAGR) of 15.3% since 2020. This competition is fierce: major players like Mercado Pago and Ualá are dominating digital payments and aggressively entering the credit space.

In lending, FinTechs are capturing a growing share of the market. As of June 2024, FinTech companies were responsible for issuing 18.8% of the 34.1 million credits granted in the country, up from 15% just six months prior. Grupo Supervielle is responding with its own digital strategy and participation in the MODO virtual wallet. The company's loan book growth of 14% quarter-over-quarter in Q2 2025, which outpaced the industry's 11.2% growth rate, shows they are successfully using technology to defend and grow their lending position.

Need for substantial investment in cybersecurity to protect customer data.

The accelerated digital transformation, while driving efficiency, creates a larger attack surface, making substantial and continuous investment in cybersecurity (Information Security) non-negotiable. While specific 2025 spending figures for cybersecurity are not publicly itemized in the quarterly reports, the risk is clear: a breach could destroy the trust underpinning the bank's 130-year history.

The cost of not investing is quantifiable in the rising cost of risk associated with digital expansion. For example, the non-performing loan (NPL) ratio for Grupo Supervielle rose to 2.7% in Q2 2025, up significantly from 0.8% in Q2 2024, and the overall cost of risk hit 5.5% in Q2 2025. This necessitates advanced AI-driven fraud detection and robust data protection systems to mitigate risk in an increasingly digital credit portfolio. You must view cybersecurity spending as a critical capital expenditure, not an operational expense.

Increased adoption of cloud computing and AI for risk management and customer service.

Grupo Supervielle is aggressively modernizing its core technology architecture to gain agility and scalability. The bank is migrating to a hybrid multi-cloud environment, aiming to move 70% of its applications to cloud processing. This shift is foundational for deploying advanced analytics and Artificial Intelligence (AI) across the business.

In risk management, the bank utilizes a center of excellence in advanced analytics with Amazon Web Services (AWS) to build AI models that predict customer churn, allowing for proactive retention strategies. For customer service, the bank has integrated Generative AI (Gen AI) on platforms like WhatsApp to enhance accessibility and self-service capabilities. This digital focus has already paid off in operational metrics, such as a 20% reduction in customer waiting times at the specialized investment contact center.

SUPV's focus on its digital platform, IUDÚ, to capture younger market share.

The strategy to capture younger, digitally-native market share is centered on the multi-brand ecosystem, specifically leveraging the SuperApp and the online brokerage subsidiary, IOL invertironline. While the IUDÚ brand is part of the digital strategy, the recent focus is on the integrated SuperApp experience, which was recognized at the Digital Innovation Awards 2025.

The bank is using its digital channels to drive deposit and transaction growth, a critical move against FinTechs. Here's the quick math on the digital ecosystem's impact in Q2 2025:

• IOL Cross-Sell: Over 4,700 IOL clients placed USD 28 million in time deposits at the bank in Q2 2025.
• E-Commerce Integration: The Tienda Supervielle official online store on Mercado Libre generated 500,000 sessions by June 2025.
• Deposit Growth: Innovative remunerated accounts helped increase Argentine peso savings accounts by 13% sequentially, outpacing the market by 3.5 percentage points.

This digital-first approach is driving efficiency, with the adjusted efficiency ratio standing at 58.2% in Q2 2025.

Technological Metric	Q2 2025 Value (or Latest)	Strategic Context
FinTech Share of New Credit	18.8% (as of June 2024)	Indicates high competitive pressure in lending.
Supervielle Loan Growth (Real)	14% QoQ	Outpaced the industry's 11.2% growth, showing digital lending effectiveness.
NPL Ratio (Retail Risk)	2.7%	Up from 0.8% in Q2 2024, a direct risk of rapid digital credit expansion.
IOL Client Cross-Sell Deposits	USD 28 million (in Q2 2025)	Measure of success for the digital ecosystem's cross-selling strategy.
SuperApp E-Commerce Sessions	500,000 (by June 2025)	Reflects high customer engagement on the Tienda Supervielle platform.
Contact Center Time Reduction	20%	Tangible efficiency gain from digital modernization and AI tools.

Next step: Operations team, review the Q3 2025 results for a specific technology or IT budget line item by the end of the week.

Grupo Supervielle S.A. (SUPV) - PESTLE Analysis: Legal factors

Central Bank (BCRA) regulations on reserve requirements and liquidity

The Argentine financial system operates under the heavy hand of the Central Bank (BCRA), and its regulations on reserve requirements and liquidity are a constant, significant cost for Grupo Supervielle S.A. You're not just holding deposits; a substantial portion is sterilized (removed from circulation) by the BCRA to manage monetary policy and inflation. This mandatory sterilization directly limits the capital available for lending, squeezing the bank's net interest margin (NIM).

For example, the BCRA frequently adjusts the minimum reserve requirements (encajes) on deposits, sometimes with little warning. These requirements often differentiate between types of deposits (e.g., sight vs. term deposits) and currency (pesos vs. US dollars). Honestly, this regulatory volatility makes precise capital planning a nightmare. The BCRA's goal is stability, but the result for banks is a defintely higher cost of funds and less flexibility in deploying capital.

Regulatory Impact Area	Nature of BCRA Burden on SUPV	Strategic Action Required
Reserve Requirements (Encajes)	High percentage of deposits must be held, reducing loanable funds and profitability.	Optimize liability structure to minimize the impact of differential reserve ratios.
Liquidity Requirements	Mandatory holdings of specific BCRA instruments (e.g., LELIQ/NOTALIQ) to manage systemic risk.	Actively manage short-term funding and monitor daily compliance metrics.
Monetary Policy Tools	Frequent changes in interest rates and reserve rules create high operational volatility.	Maintain robust interest rate risk management models and stress-test portfolios.

Frequent changes to tax laws, particularly on financial transactions

In Argentina, tax policy is a moving target, and financial institutions like Grupo Supervielle S.A. are often the first to feel the impact. The most direct and burdensome tax is the Impuesto a los Débitos y Créditos Bancarios (Tax on Debits and Credits), often called the 'Check Tax.' This tax applies to nearly every movement of funds through the banking system, hitting both deposits and withdrawals.

The effective tax rate on this transaction tax is substantial, and while the law allows for certain exemptions or partial credits against other taxes, the complexity and frequent changes in these rules create a massive compliance overhead. Plus, provincial taxes (like Gross Receipts Tax) also apply to interest income, adding another layer of complexity. The constant legislative flux means the effective tax rate on a bank's income can shift dramatically year-to-year, making long-term financial modeling a high-risk exercise.

New consumer protection laws regarding data privacy and digital banking

As digital banking accelerates, so does the regulatory scrutiny on how banks handle customer data and digital services. Argentina's Personal Data Protection Law (Law No. 25.326) and its subsequent amendments are becoming increasingly relevant. For Grupo Supervielle S.A., this means a significant investment in IT security and compliance infrastructure to meet evolving standards for data encryption, storage, and cross-border transfer.

The regulatory focus is now sharp on digital onboarding processes, biometric data use, and ensuring consumer consent is explicit and revocable. What this estimate hides is the potential for class-action lawsuits or hefty fines from the regulatory body, the Agency for Access to Public Information (AAIP), if a data breach occurs. You must treat data privacy as a core operational risk, not just an IT problem. If onboarding takes 14+ days due to complex digital verification, churn risk rises.

• Strengthen data encryption across all digital channels.
• Ensure clear, opt-in consent for data usage in new digital products.
• Establish a clear protocol for mandatory data breach notification.

Strict anti-money laundering (AML) and know-your-customer (KYC) compliance burdens

The Anti-Money Laundering (AML) and Know-Your-Customer (KYC) framework, enforced by the Unidad de Información Financiera (UIF), is one of the most stringent compliance areas. Grupo Supervielle S.A. must dedicate significant resources to transaction monitoring, suspicious activity reporting (SARs), and maintaining up-to-date customer profiles. The cost of non-compliance is simply too high.

The UIF continually issues new resolutions that expand the definition of a Politically Exposed Person (PEP) or change the thresholds for mandatory reporting. This means the bank's compliance software and human analyst teams must be constantly retrained and updated. The regulatory pressure is global, too, with Argentina's compliance standing reviewed by international bodies like the Financial Action Task Force (FATF). A poor rating here could impact the bank's ability to conduct international transactions, which is a major risk to trade finance and correspondent banking relationships. Here's the quick math: the operational cost of AML/KYC compliance is a fixed, non-negotiable overhead that scales with transaction volume, regardless of profitability.

Grupo Supervielle S.A. (SUPV) - PESTLE Analysis: Environmental factors

Increasing pressure from global investors for Environmental, Social, and Governance (ESG) reporting.

You are defintely seeing the pressure from global capital markets demanding clear, quantifiable ESG data, and Grupo Supervielle S.A. is responding by aligning its disclosure with international standards. The company publishes an Integrated Annual Report, which is a step beyond basic financial reporting, and it follows the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) frameworks. This transparency is crucial for attracting institutional money, especially since the company is listed on the New York Stock Exchange (NYSE).

Plus, the firm is actively included in the Argentine market's sustainability benchmarks, having integrated the first sustainability index of the Argentine market, created by BYMA (Bolsas y Mercados Argentinos) jointly with the IDB (Inter-American Development Bank), for the seventh consecutive year. This external validation helps mitigate the perception of 'greenwashing.'

Need to assess and manage climate-related risks in lending portfolios (e.g., agriculture).

The core of a bank's climate risk lies in its commercial loan book, and Grupo Supervielle S.A. is in a period of intense portfolio transition. The overall loan portfolio increased dramatically to AR$2,979.9 billion as of June 30, 2025, with commercial loans representing 53% of total lending in Q2 2025. This commercial exposure, while profitable, carries inherent climate risk.

The bank explicitly focuses on the agriculture and livestock sectors in 2025, a segment highly vulnerable to physical climate risks like drought and flooding, which are increasingly common in Argentina. What this focus hides is the need for granular data; the bank is working on monitoring deforestation, protected areas, and introducing a footprint calculator to assess financed emissions. Honestly, managing this risk is a massive undertaking.

Limited but growing regulatory focus on green financing and sustainable investments.

While the Argentine Central Bank (BCRA) is a participant in the Technical Roundtable on Sustainable Finance (MTFS), its primary focus for the 2025 fiscal year has been macroeconomic stability, specifically managing inflation and foreign exchange liberalization. So, the local regulatory push for mandatory climate risk stress tests or green lending quotas is still relatively limited compared to US or EU markets.

However, the company's internal strategy is moving ahead of the local curve. Its 'Sustainable Finance' line of action is designed to develop financial products and services that fund projects with a positive environmental and social impact. This proactive approach is essential for accessing multilateral development bank funding, like the previously announced credit lines aimed at boosting SME lending, which often have specific sustainability requirements attached.

Operational focus on reducing energy consumption in bank branches and data centers.

The most concrete environmental actions are visible in the company's operational footprint, which is small compared to its financed emissions, but still important for brand reputation. Their strategy centers on 'Energy Management' and resource efficiency across their physical network of branches and data centers.

The quick math shows a very low direct carbon footprint, largely due to their 100% carbon offset strategy in 2023. This is a clear, actionable metric.

Metric	Value (2024 Fiscal Year Data)	Context/Action
Total Scope 1 & 2 Emissions (Market-Based)	6.97 tCO₂e	Represents the bank's direct operational footprint (branches, data centers).
Carbon Footprint Offset (2023)	100%	Achieved by acquiring 1,417 VERRA-certified carbon credits.
Recycled Materials (Decommissioned ATMs)	100,339 kilograms	Part of the 'Resources' line of action for waste management.

The focus on waste is also visible in their recycling efforts, with over 100,339 kilograms of materials from decommissioned ATMs being recycled. They are working to reduce the impact of daily operations.

• Promote energy efficiency programs in branches.
• Expand sustainable use of renewable resources.
• Adopt internal processes for efficient resource use.