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GGAL - Grupo Supervielle: Not The Best Macro Play, But 'A Rising Tide Lifts All Boats'
Grupo Financiero Galicia S.A.
2025-10-27 14:51:23 ET
As I’ve covered in previous articles , I have been bullish on Argentine banks because economic reforms in the country following Javier Milei’s Presidential election at the end of 2023 have been successful. The banking sector being one of the best ways to play this macro theme. This happens because Argentine banks hold significant sovereign bonds, but also due to the country’s low banking penetration compared to other Latin America markets, boding well for the sector’s growth over the coming years. ...