Grupo Financiero Galicia GGAL

Grupo Financiero Galicia S. A. is a financial services holding company that conducts its business through subsidiaries and joint ventures in Argentina. It provides banking, credit cards, asset management, insurance, brokerage, and agricultural financing services. The company operates as a consolidated financial platform serving individuals, businesses, and institutional clients across the country.

Grupo Financiero Galicia generates revenue through interest income from loans and deposits, fees from credit card usage, commissions from asset management and brokerage services, insurance premiums, and charges from digital payment and financing platforms. Its revenue streams are diversified across retail and wholesale banking, consumer finance, investment products, and risk management solutions offered by its subsidiaries.

The company operates through the following segments: Banco Galicia, Tarjetas Regionales, Galicia Asset Management, Sudamericana Holding, IGAM and Vestly Group Corp, Galicia Securities, Galicia Ventures, Galicia Investments and Galicia Ventures Corp, and Agri Tech.

• Banco Galicia: This segment provides full-service banking including retail, business, and wholesale lending, deposit-taking, foreign exchange, and capital markets activities. It operates under the brand Banco Galicia and offers products such as personal loans, mortgages, credit cards, and investment accounts. The segment also delivers services through digital platforms like the Galicia App and Office Banking, supporting individuals, SMEs, and corporate clients.

• Tarjetas Regionales: This segment provides proprietary brand credit cards, consumer finance, and digital banking services under the commercial brand Naranja X. It serves the underbanked population of Argentina with products such as the Naranja X Classic, Visa, MasterCard, and American Express cards. The segment also offers digital wallets, savings accounts, loans, and insurance services through its app and branch network.

• Galicia Asset Management: This segment manages mutual funds and investment products under the commercial name Fondos Fima. It offers a wide range of funds including Fima Premium, Fima Ahorro Pesos, Fima Renta Pesos, and Fima Sustentable ESG, catering to different investor profiles. The segment distributes its funds through Banco Galicia’s channels and provides digital investment tools via online platforms.

• Sudamericana Holding: This segment provides insurance products in Argentina through subsidiaries such as Galicia Seguros, Galicia Retiro, Galicia Broker, Well Assistance, and Seguros Sura. It offers property, casualty, life, and retirement insurance to individuals, families, SMEs, and large companies. The segment operates under the commercial brand Galicia Seguros and distributes products through insurance producers and digital channels.

• IGAM and Vestly Group Corp: This segment provides brokerage and financial advisory services under the commercial brand Inviu. It offers a digital investment platform for independent advisors and clients, enabling portfolio management and access to local and international markets. The segment includes Inviu Uruguay, Inviu Capital Markets, and Inviu Technology Limited, supporting brokerage activities across Latin America.

• Galicia Securities: This segment provides settlement, compensation, and brokerage services as a member of BYMA and A3 Mercados. It offers fixed income products, stocks, CEDEARs, secured loans, mutual funds, and structured solutions to individual and institutional investors. The segment acts as a placement and distribution agent for investment funds and supports trading in pesos and dollars through digital channels.

• Galicia Ventures, Galicia Investments and Galicia Ventures Corp: This segment invests in venture capital startups focused on fintech, agtech, and insurtech. It operates through entities in Delaware, Ontario, and Canada, with active investments in companies such as Eiwa, Remitee, Fudo, Lebane, Moova, SiloReal, Strike, Payana, Simetrik, and Crabi. The segment aims to generate synergies with Grupo Financiero Galicia’s subsidiaries through innovation and strategic partnerships.

• Agri Tech: This segment provides digital payments and financing solutions for the agricultural sector under the commercial brand Nera. It connects producers, suppliers, and financial institutions through a fully digital platform offering credit for inputs, livestock, and machinery. The segment operates through Agri Tech Investments Argentina S. A. U., Nera Paraguay S. A., and Nera Uruguay S. A., with a joint venture holding company in Spain named Nera Agro Holdings S. L. shared equally with Banco Santander S. A.

Grupo Financiero Galicia holds a leading position in Argentina’s financial services industry, with Banco Galicia ranked first among private-sector banks in assets, deposits, loans, and net worth as of December 31, 2025. The company competes with foreign banks such as Santander and BBVA, domestic private-sector banks, and state-owned institutions, maintaining advantages through its integrated platform, digital innovation, and strong brand recognition across banking, credit cards, and insurance.

Grupo Financiero Galicia serves a diverse customer base including individuals, small and medium-sized enterprises, large corporations, agricultural producers, and institutional clients such as mutual funds and insurance companies. Specific customer segments include retail clients under the Personas, MOVE, Plus, and ÉMINENT clusters, business clients in the B2C and B2B models, wholesale clients in energy, automotive, mass consumption, and agriculture sectors, and public sector entities including government agencies and state-owned enterprises.