Banco BBVA Argentina (BBAR) investor relations material

Strategic positioning and market presence

• Maintains a leading position among private banks in Argentina, with strong franchises in retail, SME, and corporate banking.

• Holds 12.0% market share in private loans and 9.91% in private deposits as of 2Q26, with sequential gains over peers.

• Partnerships and JVs in the auto loan market drive exceptional profitability and low delinquency.

• Digital transformation initiatives have resulted in 93% digital sales and high app ratings.

• Geographic footprint optimized with 223 branches and 6,493 employees, focusing on efficiency.

Macroeconomic and financial system outlook

• Fiscal equilibrium and disinflation are central to the economic program, with inflation forecasted below 30% in 2026.

• GDP growth expected to average 3% annually, though sectoral disparities persist.

• Export growth, especially in oil, gas, and mining, is materializing, supporting investment.

• Real wages and employment remain subdued amid economic transition.

• Argentina's financial system remains small relative to GDP, with significant growth potential in credit and deposits.

Balance sheet and loan portfolio

• Total assets reached AR$28.1 trillion in 2Q26, with deposits at AR$18.5 trillion and private loans at AR$17.1 trillion.

• Loan growth accelerated, especially in USD commercial loans, while ARS loans showed moderate gains.

• Commercial loans dominate the portfolio, with a focus on working capital and export financing.

• Consumer loans declined due to higher delinquency, while mortgage and pledge loans grew strongly after product relaunches.

• Deposit growth was robust, particularly in USD, with time deposits increasing in line with loan growth.