Strong Loan Growth
Loan growth outpaced the industry with a 14% sequential increase and 71% year-on-year growth in real terms. Commercial lending grew by 23% quarter-on-quarter, while retail loans increased 130% year-on-year.
Record U.S. Dollar Balances
U.S. dollar deposits set a record high at $943 million, up 154% year-on-year and 16% sequentially, with further increases in July exceeding $1.1 billion.
Innovative Banking Initiatives
Significant progress in strategic initiatives, including new remunerated accounts, Tienda Supervielle surpassing 0.5 million sessions, and enhanced Gen AI-powered WhatsApp channel with over 150,000 interactions.
Improved Financial Performance
Net income was ARS 13.6 billion in Q2, up 62% sequentially, with a 6% ROE driven by higher net financial income and disciplined cost management.