Banco Macro challenges BCRA loan rules as ADR shares fall 3.1%

Banco Macro is formally challenging Central Bank (BCRA) regulations governing loan portfolio classification. The bank publicly quantified discrepancies between BCRA-mandated delinquency rates and internal metrics it deems more accurate. This move highlights growing friction between the institution and its primary regulator.

The legal protest follows a generally positive quarterly earnings report. Despite the results, Banco Macro ADR shares fell 3.1% on Wall Street. Analysts indicate that investors are now prioritizing regulatory risks and economic context over standalone operational performance.