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Consumer watchdog sues Banco Itaú Argentina

Argentine consumer watchdog ADUC has filed a class-action lawsuit against Banco Itaú Argentina SA on claims that the bank sent some consumer communications electronically without providing options for alternative versions.

ADUC is demanding that the bank resume sending physical versions of such documents.

Banco Itaú Argentina said it is analyzing the impact of the claim, although it noted that an unfavorable resolution of the matter will not materially affect its operations.

ADUC has previously sued several Argentine banks over a similar issue.