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Equity Investments in Subsidiaries, Associates and Joint Ventures (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of subsidiaries [abstract]  
Summary of Equity Investments in Subsidiaries
The interest and shareholding percentages in companies over which the Group exerts control, and which are consolidated by the Group, are detailed below:
Direct and Indirect
Shareholding		Equity Investment
%
Company12.31.2412.31.2312.31.2412.31.23
Agri Tech Investments Argentina S.A.U.199,937 199,937 100.00 %100.00 %
Agri Tech Investments LLC100 100 100.00 %100.00 %
Banco de Galicia y Buenos Aires S.A.U.668,549,353 668,549,353 100.00 %100.00 %
Banco GGAL S.A.1,244,048,856 — 99.99 %— %
Galicia Asset Management S.A.U.20,000 20,000 100.00 %100.00 %
Galicia Broker Asesores de Seguros S.A.71,310 71,310 99.99 %99.99 %
Galicia Capital US LLC1,000 1,000 100.00 %100.00 %
Galicia Holdings US Inc.1,000 1,000 100.00 %100.00 %
Galicia Investments LLC100 100 100.00 %100.00 %
Galicia Retiro Compañía de Seguros S.A.U.27,727,278 27,727,278 100.00 %100.00 %
Galicia Securities S.A.U.95,392,000 95,392,000 100.00 %100.00 %
Galicia Seguros S.A.U.1,830,887 1,830,887 100.00 %100.00 %
Galicia Ventures LP1,000 1,000 100.00 %100.00 %
Galicia Warrants S.A.1,000,000 1,000,000 100.00 %100.00 %
GGAL Asset Management S.A. S.G.F.C.I.1,791,487 — 100.00 %— %
GGAL Holdings S.A.748,712,987,065 — 100.00 %— %
GGAL Participaciones S.A.U.11,513,929 — 100.00 %— %
GGAL Seguros S.A.(*)
37,855,000 — 100.00 %— %
GGAL Seguros de Retiro S.A.(*)
49,803,430 — 100.00 %— %
IGAM LLC100 100 100.00 %100.00 %
INVIU S.A.U.809,611,333 809,611,333 100.00 %100.00 %
INVIU Capital Markets Limited1 1 100.00 %100.00 %
INVIU Manager Investment Ltd.1 — 100.00 %— %
INVIU México S.A.P.I. de C.V.1,500 — 100.00 %— %
INVIU Perú S.A.B. S.A.C.2,439,992 — 100.00 %— %
INVIU Technology Limited1 1 100.00 %100.00 %
INVIU Uruguay Agente de Valores S.A.300,000,000 300,000,000 100.00 %100.00 %
Naranja Digital Compañía Financiera S.A.U.1,712,567,500 1,712,567,500 100.00 %100.00 %
Nera Paraguay S.A.1,000 — 100.00 %— %
Nera Uruguay S.A.30,133 10,000 100.00 %100.00 %
NHI(UK) Limited19,000,000 — 100.00 %— %
N-xers S.A. de C.V.405,816,000 — 100.00 %— %
Sudamericana Holding S.A.32,717,429 32,717,429 100.00 %100.00 %
Sudamericana Seguros Galicia S.A.(*)
4,512,697,946 4,512,697,946 99.43 %99.43 %
Tarjeta Naranja S.A.U.2,896 2,896 100.00 %100.00 %
Tarjetas Regionales S.A.1,756,704,458 1,756,704,458 100.00 %100.00 %
Vestly Asset Management LLC100 — 100.00 %— %
Vestly México S.A. de C.V.1,500 — 100.00 %— %
Well Assistance S.A.U.100,000 100,000 100.00 %100.00 %
(*) As of the date of issuance of these financial statements, the process of change of name is pending approval by the Superintendence of Insurance of the Nation.
Summary of Balances of Subsidiaries, According to the IFRS-based Accounting Framework
The following are the balances of subsidiaries, according to IFRS as of the indicated dates:
12.31.24
CompanyAssetsLiabilitiesShareholders’
Equity
Net Income
 (Loss) (*)
Agri Tech Investments Argentina S.A.U.3,114,186 1,741,064 1,373,122 (3,431,240)
Agri Tech Investments LLC1,524,248 141,392 1,382,856 (2,202,291)
Banco de Galicia y Buenos Aires S.A.U.21,650,681,532 17,253,665,742 4,397,015,790 1,356,024,083 
Banco GGAL S.A. (**)
5,647,423,202 4,166,011,683 1,481,411,519 (163,741,840)
Galicia Asset Management S.A.U.85,453,480 31,889,854 53,563,626 68,249,556 
Galicia Broker Asesores de Seguros S.A.
2,852,977 957,757 1,895,220 2,495,730 
Galicia Capital US LLC3,725,503 1,499,906 2,225,597 (1,256,211)
Galicia Holdings US Inc.5,159,572 — 5,159,572 (1,907,343)
Galicia Investments LLC24,377 — 24,377 (11,859)
Galicia Retiro Compañía de Seguros S.A.U. (***)
6,123,205 5,690,298 432,907 (1,278,348)
Galicia Securities S.A.U.164,158,102 126,695,334 37,462,768 24,260,559 
Galicia Seguros S.A.U. (***)
49,381,380 24,932,086 24,449,294 3,046,917 
Galicia Ventures LP2,437,740 — 2,437,740 (1,038,355)
Galicia Warrants S.A.12,393,562 3,895,833 8,497,729 1,035,508 
GGAL Asset Management S.A. S.G.F.C.I. (**)
22,644,857 4,798,219 17,846,638 635,271 
GGAL Holdings S.A. (**)
1,632,063,244 3,951,695 1,628,111,549 (171,064,849)
GGAL Participaciones S.A.U. (**)
7,324,678 1,794,674 5,530,004 (2,667,809)
GGAL Seguros S.A. (**)
238,346 185,847 52,499 6,911 
GGAL Seguros de Retiro S.A. (**)
353,192 318,621 34,571 2,766 
IGAM LLC20,595,120 2,926 20,592,194 (11,659,852)
INVIU S.A.U.126,139,846 116,905,609 9,234,237 (7,642,233)
INVIU Capital Markets Limited2,253,594 258,501 1,995,093 112,382 
INVIU Manager Investment Ltd.122,030 23,230 98,800 (3,872)
INVIU México S.A.P.I. de C.V.79 — 79 68 
INVIU Perú S.A.B. S.A.C.682,068 178,185 503,883 (132,770)
INVIU Technology Limited255,705 154,687 101,018 95,768 
INVIU Uruguay Agente de Valores S.A.3,076,758 1,549,649 1,527,109 2,954 
Naranja Digital Compañía Financiera S.A.U.1,614,738,510 1,530,604,194 84,134,316 50,857,429 
Nera Paraguay S.A.141,392 — 141,392 (27,244)
Nera Uruguay S.A.2,086 21,511 (19,425)(18,940)
NHI(UK) Limited20,658,177 — 20,658,177 59,600 
N-xers S.A. de C.V.20,658,671 — 20,658,671 40,638 
Sudamericana Holding S.A. (***)
41,668,374 1,100,635 40,567,739 (16,612,088)
Sudamericana Seguros Galicia S.A. (***)
255,113,689 243,338,811 11,774,878 (22,332,429)
Tarjeta Naranja S.A.U.3,456,748,840 2,790,209,417 666,539,423 185,514,733 
Tarjetas Regionales S.A.806,800,441 19,010,578 787,789,863 233,403,856 
Vestly Asset Management LLC103 — 103 16 
Vestly México S.A. de C.V.75 — 75 65 
Well Assistance S.A.U. (***)
72,518 21,826 50,692 45,623 
____________________
(*)    Income attributable to the shareholders of the parent.
(**)Results corresponding to the month of December 2024.
(***) Results for the 12-month period ended December 31, 2024.

12.31.23
CompanyAssetsLiabilitiesShareholders’
Equity
Net Income
 (Loss) (*)
Agri Tech Investments Argentina S.A.U.6,070,588 1,969,979 4,100,609 (1,701,770)
Agri Tech Investments LLC2,838,253 — 2,838,253 (2,986,672)
Banco de Galicia y Buenos Aires S.A.U.18,864,751,990 15,268,463,041 3,596,288,949 613,295,953 
Cobranzas Regionales S.A.
— — — (8,089,091)
Galicia Asset Management S.A.U.62,663,964 20,772,640 41,891,324 53,790,630 
Galicia Broker Asesores de Seguros S.A. (**)
3,577,650 1,169,454 2,408,196 3,194,838 
Galicia Capital US LLC88,029 — 88,029 (34,097)
Galicia Holdings US Inc.88,046 88,029 17 9 
Galicia Investments LLC17,404 — 17,404 (15,681)
Galicia Retiro Compañía de Seguros S.A.U. (**)
8,451,130 6,739,874 1,711,256 236,888 
Galicia Securities S.A.U.126,175,880 101,518,888 24,656,992 27,834,277 
Galicia Seguros S.A.U. (**)
49,883,027 19,139,515 30,743,512 15,356,894 
Galicia Ventures LP1,740,428 — 1,740,428 479,324 
Galicia Warrants S.A.12,151,596 4,131,353 8,020,243 364,780 
IGAM LLC26,120,664 4,900 26,115,764 3,246,941 
INVIU S.A.U.108,729,756 91,853,286 16,876,470 1,216,462 
INVIU Capital Markets Limited39,646 37 39,609 20,476 
INVIU Technology Limited6,076 — 6,076 (5,357)
INVIU Uruguay Agente de Valores S.A.4,049,539 2,525,385 1,524,154 (811,524)
Naranja Digital Compañía Financiera S.A.U.535,268,142 502,628,998 32,639,144 (14,720,325)
Nera Uruguay S.A.(****)
— 1,152 (1,152)562 
Sudamericana Holding S.A. (**)
70,783,767 5,421,927 65,361,840 25,393,345 
Sudamericana Seguros Galicia S.A.(*****)
346,735,388 312,628,081 34,107,307 991,253 
Tarjeta Naranja S.A.U.2,412,434,597 1,896,651,108 515,783,489 62,132,198 
Tarjetas Regionales S.A.597,497,533 24,681 597,472,852 33,623,203 
Well Assistance S.A.U. (***)
1,206 7,232 (6,026)(6,026)
____________________
((*)    Income attributable to the shareholders of the parent.
(**)    Net income for the nine-month period ended September 30, 2023.
(***) Net income for the twelve-month period ended December 31, 2023.
(****) Net income for the six-month period ended December 31, 2023.
(*****) Net income for the three-month period ended December 31, 2023.
Summary of Investments in Associates
CompanyEquity
Investment %		Place of
Business		12.31.2412.31.23
Play Digital S.A.19.75 %CABA4,087,764 5,771,514 
The movements of such investment are as follows:
Company12.31.23ContributionsPurchase of
shares 		Profit Sharing
 in income (loss)
 for the Year 		12.31.24
Play Digital S.A.5,771,514 568,795 3,042,092 (5,294,637)4,087,764 
Company12.31.22Contributions Sales of
shares		Profit Sharing
 in income (loss)
 for the Year 		12.31.23
Play Digital S.A.4,521,578 5,238,895 250,178 (4,239,137)5,771,514 
The basic information regarding Grupo Financiero Galicia’s associates is detailed as follows:
Profit Sharing in income (loss) for the Year (*)
CompanyAssetsLiabilitiesShareholders’
Equity		Net Income
 (Loss)
Play Digital S.A.33,650,370 23,314,600 10,335,770 (15,706,485)
(*) Balances according to financial statements as of September 31, 2024, restated in closing currency.
Summary of Assets and Liabilities from Acquisitions
The Assets and Liabilities arising from the acquisition are detailed below:
ItemFair value
Assets
Cash and Due from Banks5,566,223
Investments167,389,692
Property, Plant and Equipment5,159,816
Reinsurance Contract Assets34,983,523
Other Assets 26,928,803
Total Assets240,028,057
Liabilities
Provisions1,223,339
Insurance Contracts Liabilities185,364,707
Other Liabilities 18,341,451
Total Liabilities204,929,497
Net Assets35,098,560
Non-controlling Interest (*)
(198,698)
Net Assets Acquired34,899,862
(*) Non-controlling Interest is proportionate to Purchase Price Allocation.
ItemFair Value
Assets
Cash and Due from Banks1,310,884,991
Debt Securities at Fair Value through Profit or Loss85,941,022
Derivative Financial Instruments7,156,180
Repurchase Transactions1,496,333
Other Financial Assets289,188,864
Loans and Other Financing2,067,304,949
Other Debt Securities1,379,504,388
Financial Assets Pledged as Collateral162,330,005
Investments in Equity Instruments10,108,406
Investment in Associates and Joint Ventures108,427,963
Property, Plant and Equipment214,331,665
Intangible Assets Core Deposits37,027,487
Intangible Assets18,660,007
Deferred Income Tax Assets67,021,832
Other Non-financial Assets103,888,529
Non-current Assets Held for Sale14,504,969
Total Assets5,877,777,590
Liabilities
Deposits3,475,435,914
Derivative Financial Instruments5,188,139
Repurchase Transactions12,199,674
Other Financial Liabilities236,486,532
Financing from the Argentine Central Bank and Other Financial Institutions6,315,307
Subordinated Debt Securities94,534,136
Provisions29,118,510
Deferred Income Tax Liabilities44,918,911
Other Non-Financial Liabilities180,237,868
Total Liabilities4,084,434,991
Net Assets1,793,342,599
Non-controlling Interest (*)
(101,505)
Net assets acquired1,793,241,094
(*) Non-controlling Interest is proportionate to Purchase Price Allocation.
Summary of Materialized Transfers
On December 6, 2024, it was materialized through the transfer of the Direct Participation according to the following detail:
Grupo Financiero Galicia S.A.Banco de Galicia y Buenos Aires S.A.
42.11 %57.89 %
Acquired companyCapital StockTotal shares acquiredShares% of ownershipShares% of ownership
GGAL Holdings S.A. (ex - HSBC Argentina Holdings S.A.)1,184,364,3921,180,367,030497,052,55641.968 %683,314,47457.695 %
GGAL Participaciones S.A.U. (ex - HSBC Participaciones S.A.)11,513,92965,22227,4650.239 %37,7570.328 %
Banco GGAL S.A. (ex - HSBC Bank Argentina S.A.)1,244,125,589103,73943,6840.004 %60,0550.005 %
Summary of Fair Value of Acquired Net Assets
The fair value of the acquired net assets at the closing currency exchange rate amounts to Ps.1,793,241,094, as detailed below:
ItemFair value
GGAL Holdings S.A. (ex - HSBC Argentina Holdings S.A.)1,793,057,450
GGAL Participaciones S.A.U. (ex - HSBC Participaciones S.A.)46,438
Banco GGAL S.A. (ex - HSBC Bank Argentina S.A.)137,206
Total1,793,241,094