Grupo SuperVielle S.A. (SUPV): Analyse de Pestle [Jan-2025 MISE À JOUR]

Dans le paysage dynamique de la banque argentine, Grupo SuperVielle S.A. navigue dans un écosystème complexe d'incertitude politique, de volatilité économique et de transformation technologique. Cette analyse complète du pilon dévoile les défis et opportunités complexes auxquels est confrontée cette institution financière innovante, révélant comment elle s'adapte stratégiquement à l'environnement commercial en évolution rapide de l'Argentine. Des pressions réglementaires à l'innovation numérique, Grupo SuperVielle se tient à l'intersection des services bancaires traditionnels et de pointe, offrant un aperçu fascinant du monde multiforme de la stratégie financière moderne.

Grupo SuperVielle S.A. (SUPV) - Analyse du pilon: facteurs politiques

L'instabilité politique en cours de l'Argentine affectant les réglementations du secteur bancaire

En janvier 2024, l'Argentine a connu une volatilité politique importante avec l'élection du président Javier Milei, qui a proposé des réformes économiques radicales. Le secteur bancaire a été confronté à des changements réglementaires potentiels, notamment:

Indicateur politique	État actuel	Impact potentiel
Incertitude réglementaire	Haut	Modéré à significatif
Probabilité du changement de politique	75%	Substantiel

Changements de politique potentiels sous un nouveau gouvernement ayant un impact sur les services financiers

Les principales considérations politiques pour Grupo SuperVielle comprennent:

• Dollarisation potentielle de l'économie argentine
• Réduction potentielle des réglementations du secteur bancaire
• Élimination possible des contrôles de capital

Examen gouvernemental croissant de la transparence et de la conformité bancaires

La Banque centrale d'Argentine a mis en œuvre des exigences de conformité plus strictes en 2024, notamment:

Zone de conformité	Nouvelles exigences réglementaires
Anti-blanchiment	Mécanismes de rapports améliorés
Transactions de change	Documentation plus détaillée

Incertitudes de politique macroéconomique influençant les stratégies du secteur financier

Indicateurs macroéconomiques de l'Argentine en janvier 2024:

• Taux d'inflation: 211,4%
• Dévaluation de la monnaie: environ 50% contre USD
• Taux d'intérêt de la banque centrale: 97%

L'évaluation des risques politiques pour Grupo SuperVielle reste élevée en raison de l'instabilité économique persistante et des changements potentiels de politique radicale.

Grupo SuperVielle S.A. (SUPV) - Analyse du pilon: facteurs économiques

Taux d'inflation élevés en Argentine contestant la rentabilité des banques

Le taux d'inflation de l'Argentine atteint 142.7% en décembre 2023, représentant l'un des niveaux d'inflation les plus élevés dans le monde. Pour Grupo SuperVielle, cet environnement économique extrême a un impact direct sur les opérations bancaires et la rentabilité.

Année	Taux d'inflation	Impact sur le secteur bancaire
2022	95.4%	Réduit de vraies marges de prêt
2023	142.7%	Augmentation des défis opérationnels

Le peso argentin volatile créant des environnements de planification financière complexes

Le peso argentin a vécu dévaluation importante, les taux de change fluctuant considérablement. En janvier 2024, le taux de change officiel était de 1 021,50 ARS par USD, tandis que le taux de marché parallèle a atteint 1 400 ARS par USD.

Période	Taux de change officiel	Taux de marché parallèle
Janvier 2024	ARS 1 021,50 / USD	ARS 1 400 / USD

Fluctuant les taux d'intérêt impactant les stratégies de prêt et de dépôt

La Banque centrale d'Argentine a maintenu taux d'intérêt élevés Pour lutter contre l'inflation, avec des taux atteignant 97% en décembre 2023.

Période	Taux d'intérêt de référence	Taux de prêt
Décembre 2023	97%	110-130%

Les risques de récession économique affectant la qualité du crédit et la performance des prêts

Le PIB d'Argentine a contracté par 2.5% en 2023, indiquant des défis économiques continus. La qualité du portefeuille de prêts de Grupo SuperVielle a été touchée par ces conditions macroéconomiques.

Indicateur économique	Valeur 2023	Impact sur le secteur bancaire
Croissance du PIB	-2.5%	Accrue des prêts non performants
Taux de chômage	7.8%	Risques plus élevés de crédit par défaut

Grupo SuperVielle S.A. (SUPV) - Analyse du pilon: facteurs sociaux

Adoption croissante des banques numériques parmi les jeunes démographies argentines

Selon un rapport de 2023 de Statista, 62.4% des utilisateurs argentins en banque numérique sont âgés de 18 à 34 ans. La pénétration des banques mobiles atteint 73.2% parmi les milléniaux et les populations de la génération Z.

Groupe d'âge	Taux d'adoption des banques numériques	Utilisation des banques mobiles
18-24 ans	54.6%	67.3%
25-34 ans	71.8%	79.5%

Demande croissante de solutions de technologie financière personnalisées

Le marché de la personnalisation fintech en Argentine prévoyait pour atteindre 412 millions USD d'ici 2025, avec 37.5% taux de croissance annuel.

Segment de la technologie financière	Valeur marchande 2023	Croissance projetée
Solutions bancaires personnalisées	276 millions USD	37.5%

Changer les préférences des consommateurs vers les services bancaires mobiles et en ligne

Les transactions bancaires en ligne ont augmenté de 48.3% en 2023, avec des transactions bancaires mobiles représentant 64.2% du total des interactions financières numériques.

Canal bancaire	Volume de transaction	Croissance d'une année à l'autre
Banque mobile	142,6 millions de transactions	52.7%
Banque Web en ligne	79,4 millions de transactions	43.9%

Évolution des attentes d'inclusion financière dans les communautés argentines mal desservies

Le taux d'inclusion financière en Argentine a atteint 68.9% en 2023, avec 1,2 milliard USD investi dans des services financiers numériques pour les populations rurales et à faible revenu.

Segment de la population	Taux d'inclusion financière	Accès du service numérique
Communautés rurales	52.3%	43.7%
Zones urbaines à faible revenu	61.5%	56.2%

Grupo SuperVielle S.A. (SUPV) - Analyse du pilon: facteurs technologiques

Investissement continu dans les infrastructures et plateformes bancaires numériques

En 2023, Grupo SuperVielle a alloué 42,3 millions de dollars aux mises à niveau des infrastructures numériques, représentant 7,2% du total des dépenses opérationnelles. La plate-forme numérique de la banque a traité 68,4 millions de transactions en ligne en 2023, avec une croissance de 33% en glissement annuel.

Métriques d'investissement numériques	2023 données	2022 données
Investissement d'infrastructure numérique	42,3 millions de dollars	38,7 millions de dollars
Volume de transaction en ligne	68,4 millions	51,4 millions
Croissance des utilisateurs de plate-forme numérique	23.6%	18.9%

Mise en œuvre de mesures de cybersécurité avancées

Grupo SuperVielle a investi 18,6 millions de dollars dans les infrastructures de cybersécurité en 2023, mise en œuvre Authentification multi-facteurs et Systèmes de surveillance des menaces en temps réel. La banque a signalé aucune violation de données majeures en 2023.

Métriques de cybersécurité	2023 données
Investissement en cybersécurité	18,6 millions de dollars
Incidents de violation de données	0
Mises à jour du protocole de sécurité	17 mises à jour majeures

Intégration de l'intelligence artificielle

La banque a déployé des solutions d'IA sur le service client et des plateformes de gestion des risques, réduisant les coûts opérationnels de 12,4% et améliorant les temps de réponse du client de 47%.

Métriques de mise en œuvre de l'IA	Performance de 2023
Réduction des coûts dirigée par l'IA	12.4%
Amélioration du temps de réponse du client	47%
Précision d'évaluation des risques alimentée par l'IA	94.3%

Paiement numérique et collaboration fintech

Grupo SuperVielle a établi des partenariats avec 12 sociétés fintech en 2023, élargissant les capacités de paiement numérique et traitant 2,7 milliards de dollars de transactions numériques.

Métriques de paiement numérique	2023 données
Partenariats fintech	12 nouvelles collaborations
Volume de transaction numérique	2,7 milliards de dollars
Utilisateurs de paiement mobile	1,4 million

Grupo SuperVielle S.A. (SUPV) - Analyse du pilon: facteurs juridiques

Règlements bancaires stricts de la banque centrale argentine

En 2024, la Banque centrale argentine (BCRA) a imposé Exigences en capital minimum de 11,5% pour les institutions financières. Grupo SuperVielle doit maintenir des mesures de conformité réglementaires spécifiques.

Métrique réglementaire	Exigence de conformité	Statut de supervielle de Grupo
Ratio d'adéquation des capitaux	11.5%	12,3% (conforme)
Ratio de couverture de liquidité	100%	108,6% (conforme)
Ratio de prêts non performants	Maximum 5%	3,7% (conforme)

Exigences de conformité pour les protocoles anti-blanchiment

Grupo Supervielle doit adhérer à Résolution 154/2018 de l'unité d'information financière (UIF), qui oblige des protocoles stricts anti-blanchiment.

• Rapports de conformité annuels requis
• Diligence raisonnable du client obligatoire
• Seuil de surveillance des transactions: ARS 300 000

Augmentation des pressions réglementaires sur la transparence financière

La Commission argentine des valeurs mobilières et de l'échange (CNV) exige Divulgations financières trimestrielles avec des mesures de transparence détaillées.

Exigence de transparence	Fréquence	DÉMINE DE RAPPORT
États financiers	Trimestriel	Dans les 30 jours suivant un quart de fin
Divulgation des actionnaires	Annuellement	31 mars
Transactions des parties connexes	Immédiat	Dans les 5 jours ouvrables

Environnement juridique complexe pour les transactions financières transfrontalières

Les transactions transfrontalières sont soumises à Règlements de change (communication A 7106) par BCRA.

• Achat maximal en devises: 200 USD par mois pour les particuliers
• Signature des transactions d'entreprise obligatoire
• Documentation supplémentaire requise pour les transactions dépassant 10 000 USD

Grupo SuperVielle S.A. (SUPV) - Analyse du pilon: facteurs environnementaux

Accent croissant sur les pratiques bancaires durables

Grupo SuperVielle a alloué 5,2% de son portefeuille total de prêts aux initiatives de financement vert en 2023, ce qui représente 24,6 milliards d'atriés agricoles d'investissements durables.

Catégorie d'investissement vert	Montant d'investissement (ARS)	Pourcentage de portefeuille
Projets d'énergie renouvelable	12,300,000,000	2.6%
Agriculture durable	7,850,000,000	1.7%
Initiatives d'efficacité énergétique	4,450,000,000	0.9%

Mise en œuvre des stratégies de financement vert et d'évaluation des risques environnementaux

La couverture d'évaluation des risques environnementaux s'est étendue à 78,3% du portefeuille de prêts aux entreprises en 2023, avec Protocoles de dépistage environnemental complet.

Métrique d'évaluation des risques	Valeur 2022	Valeur 2023
Couverture des risques environnementaux de portefeuille	62.5%	78.3%
Suivi des émissions de carbone	45.6%	67.2%

Augmentation des exigences de rapport de responsabilité sociale des entreprises

Grupo SuperVielle a publié son 8e rapport de développement durable consécutif en 2023, couvrant 92,4% de son impact environnemental opérationnel.

• Émissions de gaz à effet de serre signalées: 34 567 tonnes métriques CO2 équivalent
• Réduction de la consommation d'eau: 12,6% d'une année à l'autre
• Taux de recyclage des déchets: 47,3%

Développer des offres de produits bancaires respectueux de l'environnement

A lancé 3 nouveaux produits Green Financial en 2023, ciblant les clients soucieux de l'environnement avec des tarifs préférentiels.

Nom de produit	Taux d'intérêt	Montant total déboursé (ARS)
Hypothèque verte	32.5%	5,600,000,000
Prêt commercial durable	36.7%	3,900,000,000
Fonds d'éco-investissement	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.