Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Buenos Aires Stock Exchange  >  Grupo Supervielle S.A.    SUPV   ARGRSU300079


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Grupo Supervielle S A : Subsidiary, IUDÚ, Launches A New Digital Banking Services Platform

11/19/2020 | 06:33pm EST

Users can request and manage all products from their cell phone; the platform is available for IOS and Android operating systems

Buenos Aires, November 19, 2020 - Argentina Grupo Supervielle S.A. (NYSE: SUPV) (BYMA: SUPV), ('Supervielle' or the 'Company') a universal financial services group headquartered in Argentina with a nationwide presence, announced today that its consumer services subsidiary has been rebranded to IUDU (formerly Cordial Compañía Financiera S.A.) and launched a new digital banking services platform. IUDU is a financial company regulated by the Central Bank of Argentina and seeks to provide the most complete offering of digital banking services with a comprehensive customer experience.

IUDÚ joins the Grupo Supervielle ecosystem to participate in the transformation of the financial services industry, expanding the Company's digital offering through an innovative App, with 100% digital onboarding. In this first iteration, the App allows customers to obtain personal loans and credit cards as well as self-manage all operations, such as reviewing transactions made and managing payments. In the near term, IUDU will be offering a comprehensive suite of digital banking products and services.

'The launch of IUDÚ allows us to complement our offerings with products and services aimed at a wide range of clients. We are continuing to evolve and deliver solutions with greater ease of use and immediacy which are addressing personal finance needs while promoting financial education with tools that help in decision-making. We are proud to have Martín Monteverdi spearheading IUDÚ, and we believe that with his strong financial services expertise, he will advance our strategy to continue providing innovative solutions that meet our customer's needs,' said Patricio Supervielle, Chairman and CEO of Grupo Supervielle.

Martín Monteverdi, CEO of IUDÚ, noted: 'The current context has accelerated adoption of digital financial services, particularly in terms of virtual wallets and digital accounts. In this scenario, we are committed to providing a comprehensive offering to facilitate access to digital banking services and to contribute to our client's propects through providing simple, agile and humanized technological solutions to help them advance their goals. IUDÚ was born with the purpose of initially meeting the current demand for credit products such as personal loans and credit cards, two financial products that contribute the most to the economic reactivation of the country.'

IUDU will soon be expanding its offering to include digital accounts in pesos with remuneration of balances and accounts in dollars, as well as debit cards, collateralized loans, insurance, assistance services, fixed term deposits and investments in general, among others.


Grupo Supervielle SA published this content on 19 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2020 23:32:05 UTC

© Publicnow 2020
2020GRUPO SUPERVIELLE S A : Market Discipline Report
2020GRUPO SUPERVIELLE S A : ´s Financial Statements as of September 30, 2020
2020GRUPO SUPERVIELLE S A : 3Q20 Financial Statements as of September 30, 2020
2020GRUPO SUPERVIELLE S A : Supervielle announces the launch of MODO, the Argentine ..
2020GRUPO SUPERVIELLE S A : Bolsillo Digital, and the City of Mendoza join forces to..
2020GRUPO SUPERVIELLE S A : UBS Global Emerging Markets One-on-One Virtual Conferenc..
2020GRUPO SUPERVIELLE S A : Company Presentation December 2020
2020GRUPO SUPERVIELLE S A : 3T20 Transcripción
2020GRUPO SUPERVIELLE S A : Transcripción
2020GRUPO SUPERVIELLE S A : 3Q20 Earnings Conference Call Presentation
More news
Sales 2020 42 481 M 492 M 492 M
Net income 2020 5 727 M 66,3 M 66,3 M
Net Debt 2020 - - -
P/E ratio 2020 4,93x
Yield 2020 -
Capitalization 25 485 M 294 M 295 M
Capi. / Sales 2020 0,60x
Capi. / Sales 2021 0,49x
Nbr of Employees 5 019
Free-Float 86,5%
Duration : Period :
Grupo Supervielle S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Mean consensus SELL
Number of Analysts 5
Average target price 51,18 ARS
Last Close Price 55,80 ARS
Spread / Highest target 29,9%
Spread / Average Target -8,29%
Spread / Lowest Target -29,7%
EPS Revisions
Managers and Directors
Julio Patricio Supervielle Chairman & Chief Executive Officer
Esteban Nicolás D´Agostino Chief of Operations & Central Services
Mariano Biglia Chief Financial Officer
Sergio Mazzitello Chief Technology Officer
Jorge Oscar Ramírez First Vice Chairman
Sector and Competitors