Grupo Financiero Galicia

Grupo Financiero Galicia S.A. is Argentina's largest privately owned domestic financial services group with over 120 years of history. The company operates through a diversified set of subsidiaries: Banco de Galicia y Buenos Aires (Galicia), the core banking franchise with 277 branches, 11.7 million deposit accounts, and 4.9 million credit cards; Naranja X, a fintech company providing digital payments, credit, savings, and investment solutions with 8.3 million credit cards, 9.2 million deposit accounts, and 90 branches; Galicia Seguros (Sudamericana Holding), an insurance business specializing in personal and property coverage for individuals, SMEs, large corporations, and the agricultural sector through bancassurance, broker, and digital channels; and Fondos Fima, a mutual fund management firm managing 21 funds with approximately Ps.15.5 trillion in assets under management and a 14.5% market share. The group also includes Galicia Securities and IGAM LLC (Inviu). As of Q2 2026, Grupo Galicia holds a 15.9% market share in private sector loans and 15.6% in private sector deposits (combining Banco Galicia and Naranja X), employs 9,435 people, and operates 379 branches and points of sale. The company reports under IAS 29 hyperinflationary accounting standards. Its financial statements are denominated in Argentine pesos adjusted for inflation. Updated Aug 25, 2026