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Stock impact report

Grupo Supervielle Announces Filing of the 2019 Annual Report on Form 20-F

Grupo Supervielle S.A. American Depositary Shares each Representing five Class B shares (SUPV) 
Last grupo supervielle s.a. american depositary shares each representing five class b shares earnings: 2/19 04:38 pm Check Earnings Report
Company Research Source: Business Wire
BUENOS AIRES, Argentina--(BUSINESS WIRE)--Grupo Supervielle S.A. (NYSE: SUPV) (“the Company”) announced that on April 30, 2020, the Company filed its annual report on Form 20-F for the year ended December 31, 2019 with the U.S. Securities and Exchange Commission (the “SEC”).It is worth noting that Company's financial statements from fiscal year 2019 are issued under the International Financial Reporting Standards (“IFRS”) as adopted by the Central Bank of the Republic of Argentina (the “BCRA”), i.e. excluding paragraph 5.5 Impairment of IFRS 9 Financial Instruments, and IAS 29 Financial Reporting in Hyperinflationary Economies.Notwithstanding the foregoing, in our Annual Report 20-F filed with the SEC, the financial statements have been presented under IFRS without exceptions, given that no partial adoption is admitted. These financial statements present significant differences with those issued under the BCRA’s presentation standards, since they include the expected loss model of Show less Read more
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