Grupo Financiero Galicia SA ( (GGAL) ) has issued an update.
On February 25, 2025, Grupo Financiero Galicia S.A. announced a joint venture with Banco Santander S.A. to expand the Nera business, previously fully controlled by Grupo Financiero Galicia. This strategic partnership involves establishing a holding company in Spain, with both parties holding equal stakes, to drive growth in Argentina, Paraguay, and Uruguay, reflecting a significant shift in the company’s operational strategy and market positioning.
More about Grupo Financiero Galicia SA
Grupo Financiero Galicia S.A. is a financial services company based in Buenos Aires, Argentina. It operates in the banking sector and offers a range of financial products and services, focusing on expanding its market presence in the Latin American region.
YTD Price Performance: -15.49%
Average Trading Volume: 1,116,311
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.73B
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