Grupo Supervielle enters the Bolsas y Mercados Argentinos Corporate Governance Panel
Buenos Aires, October 15, 2019 – Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (“Supervielle” or the “Company”) a universal financial services group headquartered in Argentina with a nationwide presence, informs the market that effective today, the Company has entered the GC Level of the Corporate Governance Panel (the “GC Panel”) of Bolsas y Mercados Argentinos S.A. («ByMA»).
The entry to the special trading board of the stock market took place during an event that was attended by Jorge Ramírez, CEO of Grupo Supervielle and Banco Supervielle and Atilio Dell´Oro Maini, Member of the Board of Directors of Grupo Supervielle, who reaffirmed the Company´s commitment to adhere to corporate governance best practices.
The Corporate Governance Panel includes those companies already listed on the ByMA that qualify to enter this special trading panel by voluntarily incorporating corporate governance practices in line with the best international standards in addition to those required by Argentine legislation in this area, by adopting a set of rules that further protect the rights of all shareholders and that promote improvement in the disclosure of information and in monitoring and control structures.
Jorge Ramírez, CEO of Grupo Supervielle, said: “It is a great achievement for us to be part of this panel and we are proud to have achieved this recognition. Our work is guided by adopting the best practices to ensure alignment of the different business units’ management to the same set of controls and risks of international standards. In this way, we further protect the rights of our shareholders, and we continue communicating with transparency.”
About Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV)
Grupo Supervielle S.A. (“Supervielle”) is a universal financial services group located in Argentina that owns the eleventh largest bank in terms of loans. Headquartered in Buenos Aires, Supervielle offers retail and corporate banking, treasury, consumer finance, insurance, asset management and other products and services nationwide to a broad customer base including: individuals, small and medium-sized enterprises and medium to large-sized companies. With origins dating back to 1887, Supervielle operates through a multi-brand and multi-channel platform with a strategic national footprint. As of June 30, 2019, Supervielle had total assets of AR$166.1 billion under Argentine Banking GAAP. As of the date of this report Supervielle had 325 access points and 1.8 million active customers. As of June 30, 2019, Grupo Supervielle had 456,722,322 shares outstanding and a free float of 64.6%.