BUENOS AIRES, Aug 8 (Reuters) - Argentine banking conglomerate Grupo Financiero Galicia SA on Tuesday reported a net profit of 1.8 billion pesos($110.3 million) for the second quarter, 33.5 percent higher than the same period last year.
That was slightly higher than analysts’ expectations in a Reuters survey. For the first half of the year, the group posted a net profit of 3.4 billion pesos. Grupo Financiero Galicia controls Banco Galicia, Argentina’s largest domestic bank by loans and deposits.
$1 = 16.63 Argentine pesos on June 30, 2017 Reporting by Walter Bianchi; Writing by Luc Cohen; Editing by Leslie Adler