Sunday 16 December 2018
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wn.com - 1 month ago

Grupo Supervielle S.A. Reports 3Q18 Consolidated Results

3Q18 Attributable Comprehensive Income up 56% YoY and 84% QoQ while Net Income increased 56% YoY and 220% QoQ. Additional voluntary loan loss provisions of AR$120 million were made in 3Q18 to increase Coverage Ratio to 94.0% from 89.9% in 2Q18. BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Grupo Supervielle S.A. (NYSE:SUPV); (BYMA:SUPV), ( Supervielle or the Company ) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three and nine-month periods ended September 30, 2018. All figures presented throughout this document are expressed in nominal Argentine pesos (AR$) and all financial information has been prepared in...

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