BBVA Argentina Faces Uncertain Class Action Lawsuit

Banco BBVA Argentina (BBAR) has released an update.

Banco BBVA Argentina is facing a class action lawsuit filed by the consumer association ACYMA, demanding interest payments on repayments made by the bank. The lawsuit’s financial impact remains uncertain as the claim involves an indeterminate amount. BBVA is assessing the legal situation, emphasizing that even an unfavorable outcome is unlikely to significantly affect its financial position.

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