Carlo Gomez's questions to Grupo Supervielle SA (SUPV) leadership • Q2 2025
Question
Carlo Gomez from HSBC inquired about how Grupo Supervielle is managing the current volatility and high levels of interest rates in Argentina and how long this situation might last. He also sought clarification on the capital ratio, confirming the decline in Q2 was not related to the Basel III rule changes implemented in Q1.
Answer
CFO Mariano Viglia confirmed the operational risk capital requirement change was implemented in Q1, and the Q2 CET1 ratio decline was due to loan growth and dividend payments. Chairman and CEO Patricio Supervielle stated that the high real interest rates are harmful but transitory, expecting them to relax after the elections. Mr. Viglia added that the government is prioritizing exchange rate stability over interest rate stability ahead of elections.