20-F/A

AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 28, 2019

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 20–F/A

Amendment No. 1

(Mark One)

☐ Registration Statement pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934

or

☒ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2018

or

☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

or

☐ Shell Company Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Commission File Number 000-30852

GRUPO FINANCIERO GALICIA S.A.

(Exact name of Registrant as specified in its charter)

GALICIA FINANCIAL GROUP

(Translation of Registrant’s name into English)

REPUBLIC OF ARGENTINA

(Jurisdiction of incorporation or organization)

Grupo Financiero Galicia S.A.

Tte. Gral. Juan D. Perón 430, 25th floor

C1038 AAJ-Buenos Aires, Argentina

(Address of principal executive offices)

Pedro A. Richards, Chief Executive Officer

Tel: 54 11 4 343 7528 / Fax: 54 11 4 331 9183, prichards@gfgsa.com

Perón 430, 25° Piso C1038AAJ Buenos Aires ARGENTINA

(Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)

Securities registered or to be registered pursuant to Section 12(b) of the Act:

American Depositary Shares, each representing ten Class B ordinary Shares

Name of each exchange on which registered

Nasdaq Capital Market

Title of each class

Class B Ordinary Shares, Ps.1.00 par value, (not for trading but only in connection with the listing of the American Depositary Shares on the Nasdaq Capital Market)

Securities registered or to be registered pursuant to Section 12(b) of the Act.

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
American Depositary Shares, each representing the right to receive ten ordinary shares, par value Ps.1.00 per share New York Stock Exchange	GGAL	NASDAQ
Ordinary shares, par value Ps.1.00 per share*	GGAL	NASDAQ

* Not for trading, but only in connection with the registration of the American Depositary Shares representing such ordinary shares on the NASDAQ.

Securities registered or to be registered pursuant to Section 12(g) of the Act:

None

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act:

None

Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report:

Class A Ordinary Shares, Ps.1.00 par value	281,221,650
Class B Ordinary Shares, Ps.1.00 par value	1,145,542,947

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes  ☒    No  ☐

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.    Yes  ☐    No  ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ☒    No  ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes  ☒    No  ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer	☒	Accelerated filer	☐	Non-accelerated filer	☐
				Emerging growth company	☐

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards † provided pursuant to Section 13(a) of the Exchange Act.  ☐

† The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.

Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:

U.S. GAAP  ☐	International Financial Reporting Standards	Other  ☐
	As issued by the International Accounting Standards Board  ☒

If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow.    Item 17  ☐    Item 18  ☐

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ☐    No  ☒

EXPLANATORY NOTE

This Amendment No.1 to the Annual Report on Form 20-F for the fiscal year ended 31 December 2018, originally filed with the Securities and Exchange Commission on 15 May 2019 (the “2018 Form 20-F”), is being filed solely for the purposes of adding Exhibit 101 to Item 19 “Exhibits” and furnishing the Interactive Data File disclosure as Exhibit 101 in accordance with Rule 405 of Regulation S-T. Exhibit 101 was not previously filed.

Other than as expressly set forth above, this Amendment No. 1 to the 2018 Form 20-F does not, and does not purport to, amend, update or restate the information in any other item of the 2018 Form 20-F, or reflect any events that have occurred after the 2018 Form 20-F was originally filed.

EXHIBIT INDEX

Exhibit	Description
101. INS	XBRL Instance Document.
101. SCH	XBRL Taxonomy Extension Schema Document.
101. CAL	XBRL Taxonomy Extension Calculation Linkbase Document.
101. LAB	XBRL Taxonomy Extension Label Linkbase Document.
101. PRE	XBRL Taxonomy Extension Presentation Linkbase Document.
101. DEF	XBRL Taxonomy Extension Definition Document.

SIGNATURE

The registrant hereby certifies that it meets all the requirements for filing on Form 20-F/A and that it has duly caused and authorized the undersigned to sign this Amendment No. 1 to the annual report on its behalf.

GRUPO FINANCIERO GALICIA S.A.
By:	/s/ Pedro Alberto Richards
Name:	Pedro Alberto Richards
Title:	Chief Executive Officer
By:	/s/ José Luis Ronsini
Name:	José Luis Ronsini
Title:	Chief Financial Officer

Date: May 28, 2019

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Document and Entity Information	12 Months Ended
	Dec. 31, 2018 shares
Document Information [Line Items]
Document Type	20-F/A
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Trading Symbol	GGAL
Entity Registrant Name	GRUPO FINANCIERO GALICIA SA
Entity Central Index Key	0001114700
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Emerging Growth Company	false
Class A shares [member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	281,221,650
Class B Shares [member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	1,145,542,947

XML

CONSOLIDATED BALANCE SHEET - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Assets
Cash and Due from Banks	$ 143,309,428	$ 87,044,881	$ 121,183,979
Cash	21,189,989	12,968,191	13,521,127
Financial Institutions and Correspondents	122,119,439	74,076,690	107,662,852
Argentine Central Bank (B.C.R.A.)	119,190,612	72,783,631	103,048,831
Other Local and Foreign Financial Institutions	2,928,827	1,293,059	4,614,021
Debt Securities at fair value through profit or loss	75,935,163	42,747,797	28,817,744
Derivative Financial Instruments	1,785,640	775,674	229,436
Repo Transactions	2,068,076	14,286,336
Other Financial Assets	9,047,932	10,339,256	6,719,581
Loans and Other Financing	282,710,068	284,354,759	245,703,421
Non-financial Public Sector	11,777	8,532	26,457
Argentine Central Bank	533	3,604	5,318
Other Financial Institutions	7,519,894	6,706,238	4,926,816
To the Non-financial Private Sector and Residents Abroad	275,177,864	277,636,385	240,744,830
Other Debt Securities	14,424,134	4,182,537	3,183,852
Financial Assets Pledged as Collateral	10,817,492	9,346,788	10,095,593
Current Income Tax Assets	94,918	134,740	234,931
Investments in Equity Instruments	161,054	111,923	187,135
Equity Investments in Associates and Joint Ventures			286,802
Property, Plant and Equipment	19,362,585	18,209,015	16,348,360
Intangible Assets	4,587,147	1,724,914	1,660,793
Deferred Income Tax Assets	972,975	762,570	1,035,260
Assets for Insurance Contracts	982,502	1,021,703	988,723
Other non-financial assets	2,824,769	3,738,130	3,019,668
Non-current Assets Held for Sale	608,015	10,860,091	10,919,116
Total Assets	569,691,898	489,641,114	450,614,394
Liabilities
Deposits	360,097,275	296,367,356	277,077,562
Non-financial Public Sector	8,569,383	1,718,782	2,385,071
Financial Sector	711,737	170,017	116,002
Non-financial Private Sector and Residents Abroad	350,816,155	294,478,557	274,576,489
Liabilities at fair value through Profit or Loss	2,144,664		0
Derivative Financial Instruments	1,835,789	846,331	290,384
Repo Transactions	1,948,559	1,670,059	3,030,473
Other Financial Liabilities	63,235,042	55,350,799	57,094,776
Loans from the Argentine Central Bank and Other Financial Institutions	19,446,028	11,618,302	12,717,145
Debt Securities	29,983,653	20,279,165	21,848,460
Current Income Tax Liabilities	3,457,609	3,578,529	3,159,343
Subordinated Debt Securities	9,767,874	7,128,356	7,490,444
Provisions	1,449,323	897,260	709,213
Deferred Income Tax Liabilities	1,903,646	2,088,540	1,843,597
Liabilities for Insurance Contracts	1,103,220	1,195,647	1,154,162
Other Non-financial Liabilities	11,471,530	21,142,454	18,525,957
Total Liabilities	507,844,212	422,162,798	404,941,516
SHAREHOLDERS' EQUITY
Capital Stock	1,426,765	1,426,765	1,300,265
Non-capitalized Contributions	10,951,132	10,951,132	219,596
Capital Adjustments	22,479,149	22,479,149	16,354,236
Profit Reserves	43,678,169	32,381,351	23,099,764
Retained Income	(14,945,645)	(9,596,038)	1,455,826
Other Comprehensive Income (Loss)	1,404	88,889	523,621
Net (Loss) / Income for the Year	(3,465,822)	6,793,588
Shareholders' Equity Attributable to owners of the Parent	60,125,152	64,524,836	42,953,308
Shareholders' Equity Attributable to Non-controlling Interests	1,722,534	2,953,480	2,719,570
Total Shareholders' Equity	$ 61,847,686	$ 67,478,316	$ 45,672,878

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CONSOLIDATED INCOME STATEMENT - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Profit or loss [abstract]
Interest Income	$ 78,273,788	$ 54,693,722
Interest Expense	(44,910,325)	(24,819,687)
Net Income from Interest	33,363,463	29,874,035
Fee Income	23,264,260	25,398,461
Fee related Expenses	(3,026,097)	(3,252,835)
Net Fee Income	20,238,163	22,145,626
Net Income from Financial Instruments Measured at Fair Value through Profit or Loss	17,352,718	8,461,338
Income from Derecognition of Assets Measured at Amortized Cost	221,639
Gold and Foreign Currency Quotation Differences	3,777,071	3,478,861
Other Operating Income	11,571,913	8,996,632
Underwriting Income from Insurance Business	2,869,319	3,314,912
Loan and other Receivables Loss Provisions	(16,299,727)	(7,293,856)
Net Operating Income	73,094,559	68,977,548
Personnel Expenses	(17,026,247)	(17,088,672)
Administrative Expenses	(16,079,154)	(14,423,557)
Depreciation and Impairment of Assets	(1,651,975)	(1,439,440)
Other Operating Expenses	(16,899,065)	(14,605,226)
Loss on net monetary position	(18,063,668)	(6,823,296)
Operating Income	3,374,450	14,597,357
Share of profit from Associates and Joint Ventures		321,182
Income from Continuing Operations before Taxes	3,374,450	14,918,539
Income Tax from Continuing Operations	(6,912,526)	(7,319,027)
Net Income from Continuing Operations	(3,538,076)	7,599,512
Loss from Discontinued Operations	(259,756)	0
Income Tax from Discontinued Operations	(31,675)	(321,760)
Net (Loss) / Income for the Year	(3,829,507)	7,277,752
(Loss) / Income for the Year Attributable to owners of the Parent	(3,465,822)	6,793,588
(Loss) / Income for the Year Attributable to Non-controlling Interests	(363,685)	484,164
Net (Loss) / Income for the Year	(3,829,507)	7,277,752
(Loss) / Income per Share
(Loss) / Income Attributable to owners of the Parent	(3,465,822)	6,793,588
(Loss) / Income Attributable to owners of the Parent Adjusted for Dilution	$ (3,465,822)	$ 6,793,588
Weighted-Average of Ordinary Shares Outstanding for the Year	1,426,765	1,332,617
Diluted Weighted-Average of Ordinary Shares Outstanding for the Year	1,426,765	1,332,617
Basic (Loss) / Income per Share	$ (2.43)	$ 5.10
Diluted (Loss) / Income per Share	$ (2.43)	$ 5.10

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CONSOLIDATED STATEMENT OF OTHER COMPREHENSIVE INCOME - ARS ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Statement of comprehensive income [abstract]
Net (Loss) / Income for the Year		$ (3,829,507)	$ 7,277,752
Items of Other Comprehensive Income that may be Reclassified to Profit or Loss for the Year
Income or Loss from Financial Instruments at Fair Value through OCI (Other Comprehensive Income) (Item 4.1.2a of IFRS 9)		0	0
Income (Loss) for the Year from Financial Instruments at Fair Value with Changes through OCI	[1]	(87,485)	(434,732)
Total Other Comprehensive Income (Loss) that may be Reclassified to Profit or Loss for the Year		(87,485)	(434,732)
Total Other Comprehensive Income / (Loss)		(87,485)	(434,732)
Total Comprehensive ( Loss) / Income		(3,916,992)	6,843,020
Total Comprehensive (Loss) / Income Attributable to owners of the Parent		(3,553,307)	6,358,856
Total Comprehensive (Loss) / Income Attributable to Non-controlling Interests		(363,685)	484,164
Total Comprehensive ( Loss) / Income		$ (3,916,992)	$ 6,843,020

[1] Net of Income Tax.

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CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - ARS ($) $ in Thousands		Total	Capital stock outstanding [member]	Additional paid-in capital [member]	Adjustments to shareholders' equity [member]	Accumulated income (loss) from financial instruments at fair value with changes in OCI [member]	Legal reserve [member]	Other reserves [member]	Retained income [member]	Total shareholders' equity attributable to controlling interests [member]	Total shareholders' equity attributable to non-controlling interests [member]
Equity, Beginning balance (Previously stated [member]) at Dec. 31, 2016		$ 20,352,700	$ 1,300,265	$ 219,596	$ 278,131		$ 315,679	$ 12,221,152	$ 6,017,877	$ 20,352,700
Equity, Beginning balance (Increase (decrease) due to changes in accounting policy required by IFRSs [member]) at Dec. 31, 2016		25,320,178			16,076,105	$ 523,621	265,977	10,296,956	(4,562,051)	22,600,608	$ 2,719,570
Equity, Beginning balance at Dec. 31, 2016		45,672,878	1,300,265	219,596	16,354,236	523,621	581,656	22,518,108	1,455,826	42,953,308	2,719,570
Disposal of Equity Interest in Tarjeta del Mar S.A.		(91,871)									(91,871)
Purchase of Non-controlling Interests		(1,370,140)						(1,364,452)		(1,364,452)	(5,688)
Distribution of Dividends from Tarjetas Regionales S.A.		(152,695)									(152,695)
Distribution of Profits
- Cash Dividends	[1]	(405,825)							(405,825)	(405,825)
- Other Reserves	[1]							10,646,039	(10,646,039)
Capital Increase	[2]	16,982,949	126,500	10,731,536	6,124,913					16,982,949
Total Comprehensive Income for the Year
Net (Loss) / Income for the Year | Previously stated [member]		12,298,094
Net (Loss) / Income for the Year | Increase (decrease) due to changes in accounting policy required by IFRSs [member]		(5,965,223)
Net (Loss) / Income for the Year		7,277,752							6,793,588	6,793,588	484,164
Other Comprehensive Income (Loss) for the Year | Increase (decrease) due to changes in accounting policy required by IFRSs [member]		(434,732)
Other Comprehensive Income (Loss) for the Year		(434,732)				(434,732)				(434,732)
Equity, Ending balance (Previously stated [member]) at Dec. 31, 2017		39,300,205	1,426,765	10,951,132	278,131		315,679	17,999,029	8,329,469	39,300,205
Equity, Ending balance (Increase (decrease) due to changes in accounting policy required by IFRSs [member]) at Dec. 31, 2017		28,178,111			22,201,018	88,889	265,977	13,800,666	(11,131,919)	25,224,631	2,953,480
Equity, Ending balance at Dec. 31, 2017		67,478,316	1,426,765	10,951,132	22,479,149	88,889	581,656	31,799,695	(2,802,450)	64,524,836	2,953,480
Purchase of Non-controlling Interests								770,472		770,472	(770,472)
Distribution of Dividends from Tarjetas Regionales S.A.		(96,789)									(96,789)
Distribution of Profits
- Cash Dividends		(1,616,849)							(1,616,849)	(1,616,849)
- Other Reserves							37,354	10,488,992	(10,526,346)
Total Comprehensive Income for the Year
Net (Loss) / Income for the Year		(3,829,507)							(3,465,822)	(3,465,822)	(363,685)
Other Comprehensive Income (Loss) for the Year		(87,485)				(87,485)				(87,485)
Equity, Ending balance at Dec. 31, 2018		$ 61,847,686	$ 1,426,765	$ 10,951,132	$ 22,479,149	$ 1,404	$ 619,010	$ 43,059,159	$ (18,411,467)	$ 60,125,152	$ 1,722,534

[1] Approved by Shareholders' Meeting held on April 25, 2017. See Note 43.

[2] Approved by Shareholders' Meeting held on August 15, 2017. See Note 32.

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CONSOLIDATED STATEMENT OF CASH FLOWS - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income from Continuing Operations for the Year before Income Tax	$ 3,374,450	$ 14,918,539
Adjustment to Obtain the Operating Activities Flows:
Interest Income	(78,273,788)	(54,693,722)
Interest Expenses	44,910,325	24,819,687
Net Loss from Instruments measured at Fair Value through profit or loss	(17,352,718)	(8,461,338)
Loan and other Receivables Loss Provisions	16,299,727	7,293,856
Depreciation and Impairment of Assets	1,651,975	1,439,440
Other Allowances	2,023,052	360,525
Quotation Difference	9,709,820	1,536,329
Share of profit from Associates and Joint Ventures		(321,182)
Loss from Derecognition of Assets Measured at Amortized Cost	(221,639)
Loss on Net Monetary Position	45,377,724	18,582,733
Other Operations	389,777	588,501
Net Increases/(Decreases) from Operating Assets:
Debt securities measured at fair value through profit or loss	40,437,672	8,775,726
Derivative Financial Instruments	1,045,359	(563,420)
Repo Transactions	762,799	1,250,915
Other Financial Assets	28,040	(3,959,689)
Net Loans and Other Financing
- Non-financial Public Sector	(11,316)	2,503
- Other Financial Institutions	1,369,146	(881,125)
- Non-financial Private Sector and Residents Abroad	140,346,130	11,462,657
Other Debt Securities	(5,262,779)	(1,080,178)
Financial Assets Pledged as Collateral	(985,842)	748,802
Investments in Equity Instruments	154,138	258,282
Other Non-financialAssets	(511,478)	(5,910,500)
Cash flows from Discontinued Operations		1,580,060
Deposits
- Non-financial Public Sector	6,827,031	(666,289)
- Financial Sector	(2,973,910)	(1,122,948)
- Non-financial Private Sector and Residents Abroad	(109,471,091)	(5,263,874)
Liabilities at fair value through profit or loss	1,137,374
Derivative Financial Instruments	885,047	(40,008)
Repo Transactions	(2,224,327)	(1,718,536)
Other Financial Liabilities	23,336	(7,150,088)
Provisions	(79,809)	(121,343)
Other Non-financialLiabilities	(6,260,869)	(1,553,016)
Income Tax Collections/Payments	(6,857,503)	(4,298,523)
NET CASH GENERATED BY / (USED IN) OPERATING ACTIVITIES (A)	86,265,853	(4,187,224)
Payments:
Purchase of PP&E, Intangible Assets and Other Assets	(3,687,956)	(3,260,097)
Purchase of Non-controllingInterests	(770,472)	(97,559)
Other Payments Related to Investing Activities	(4,598)	(249,723)
Collections:
Sale of PP&E, Intangible Assets and Other Assets	49,204	738,231
Other Collections Related to Investing Activities	513,337
Dividends Earned	362,501	207,120
Discontinued Operations/Sale of Equity Investments in Associates and Joint Ventures	1,331,209	1,019,208
NET CASH USED IN INVESTMENT ACTIVITIES (B)	(2,206,775)	(1,642,820)
Payments:
Unsubordinated Debt Securities	(6,127,336)	(16,976,255)
Argentine Central Bank	(2,987)	(15,312)
Subordinated Debt Securities	(593,437)	(563,241)
Loans from Local Financial Institutions	(3,905,074)	(3,237,409)
Banks and International Entities	(10,354,132)	(284,627)
Dividends	(1,616,849)	(405,825)
Cash Flows from Discontinued Operations		(987,404)
Other Payments Related to Financing Activities	(45,510)
Collections:
Unsubordinated Debt Securities	17,507,193	15,918,287
Argentine Central Bank	13,521	19,587
Loans from Local Financial Institutions	6,433,252	982,914
Banks and International Entities	9,088,627	3,858,010
Equity Instruments Issued		17,212,307
NET CASH GENERATED BY FINANCING ACTIVITIES (C)	10,397,268	15,521,032
EXCHANGE INCOME/(LOSSES) ON CASH AND CASH EQUIVALENTS (D)	44,831,615	(2,787,992)
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (A+B+C+D)	139,287,961	6,902,996
MONETARY LOSS RELATED TO CASH AND CASH EQUIVALENTS	(45,377,724)	(18,582,733)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR	131,958,216	143,637,953
CASH AND CASH EQUIVALENTS AT END OF THE YEAR	$ 225,868,453	$ 131,958,216

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Accounting Policies and Basis for Preparation

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Accounting Policies and Basis for Preparation

NOTE 1. ACCOUNTING POLICIES AND BASIS FOR PREPARATION

Grupo Financiero Galicia S.A. (individually referred to as the “Company” and jointly with its subsidiaries as the “Group”) was constituted on September 14, 1999, as a financial services holding company organized under the laws of Argentina. The Company’s main asset is its interest in Banco de Galicia y Buenos Aires S.A.U. (“Banco Galicia” or the “Bank”) which is a private-sector bank that offers a full spectrum of financial services both to individuals and corporate customers. In addition, the Company has a controlling interest in Tarjetas Regionales S.A., which maintains investments related to the issuance of credit cards and supplementary services; Sudamericana Holding S.A., a company engaged in the insurance business; Galicia Administradora de Fondos S.A., a mutual fund manager, and Galicia Warrants S.A., a company engaged in the issuance of warrants.

These consolidated financial statements were approved and authorized for publication through Minutes of Board of Directors’ Meeting No. 586 dated May 14, 2019.

1.1.    FIRST-TIME ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)

These consolidated financial statements have been prepared in accordance and in compliance with the International Financial Reporting Standards issued by the IASB and the interpretations of the IFRIC (jointly, “IFRS”). All the IFRSs in force as of the date of preparation of these consolidated financial statements have been applied. The Group has applied IFRSs for the first time during the fiscal year starting on January 1, 2018, the transition date being January 1, 2017.

In the light of the fact that the Group is subject to the provisions of Article 2 – Section I – Chapter I of Title IV: Periodical Reporting Requirements of the National Securities Commission (“C.N.V.”) regulations, it is also required to present its financial statements in accordance with the valuation and disclosure criteria set forth by the Argentine Central Bank. As required by the aforementioned article, we hereby report that:

• Grupo Financiero Galicia S.A.’s corporate purpose is exclusively related to financial and investment activities;

• The equity investment in Banco de Galicia y Buenos Aires S.A.U. and Tarjetas Regionales S.A., the latter being subject to the consolidated supervision requirements laid down by the Argentine Central Bank (Communiqué “A” 2989, and complementary), accounts for 94.68% of Grupo Financiero Galicia S.A.’s assets, being the Company’s main asset.

• 110.29% of Grupo Financiero Galicia S.A.’s income is derived from its share of profit (loss) in the entities referred to in the preceding paragraph;

• Grupo Financiero Galicia S.A. has a 100% equity interest in Banco de Galicia y Buenos Aires S.A.U. and an 83% equity interest in Tarjetas Regionales S.A., thus having control over both entities.

The Argentine Central Bank, through Communiqué “A” 5541, as amended, set forth a convergence plan towards the application of International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) and the interpretations issued by the International Financial Reporting Interpretations Committee (IFRIC), for entities under the its supervision, effective for fiscal years commencing January 1, 2018. The convergence plan had two exceptions to the application of IFRS: (i) item 5.5 (Impairment) of IFRS 9 “Financial Instruments”, and (ii) IAS 29 “Financial Reporting in Hyperinflationary Economies”, both of which were waived until January 1, 2020, at which time entities will be required to apply the provisions of IFRS in full. The Group has presented its local financial statements under these rules on March 7, 2019. Shareholders’ equity under the rules of the Argentine Central Bank is presented in Note 54.

The Group’s consolidated financial statements for the fiscal year ended December 31, 2018 have been prepared in accordance with IFRS 1 “First-time Adoption of International Financial Reporting Standards.”

Comparative figures and figures as of the transition date (January 1, 2017) have been modified conform to IFRS.

Note 3 presents a reconciliation of the figures disclosed in the consolidated balance sheet, consolidated statement of comprehensive income, consolidated statement of other comprehensive income, and consolidated statement of cash flows comprising the consolidated financial statements issued under the prior accounting framework to the figures in accordance with IFRS, as well as the effects of adjustments to cash flows as of the transition date (January 1, 2017) and as of the adoption date (December 31, 2017).

It has been concluded that these consolidated financial statements fairly present the Group’s financial position, financial performance and cash flows, in accordance with IFRS.

1.2.    BASIS FOR PREPARATION

These consolidated financial statements have been prepared in accordance with IFRS.

The preparation of financial statements in conformity with IFRS requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Groups´ accounting policies. The areas involving higher degree of judgement or complexities or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 2.

(a)    Going Concern

As of the date of these consolidated financial statements, there are no uncertainties related to events or conditions that may cast significant doubt upon the Group´s ability to continue as a going concern.

(b)    Measurement Unit

IAS 29 “Financial Reporting in Hyperinflationary Economies” requires that the financial statements of an entity whose functional currency is that of a hyperinflationary economy be restated in terms of the current measurement unit as of the reporting period-end, irrespective of whether they are based on the historical cost or the current cost method. Accordingly, in general terms, non-monetary items should be adjusted for inflation occurring since the acquisition date or since the revaluation date, as the case may be. These requirements are also applicable to the comparative information reported in the financial statements. According to IAS 29, monetary assets and liabilities are not required to be restated, for they are stated in the measurement unit as of the end of the reporting period. Assets and liabilities subject to adjustments based on specific agreements will be adjusted on the basis of such agreements. Non-monetary items measured at their fair values at the end of the reporting period, such as net realizable value or otherwise, will not be restated. The other non-monetary assets and liabilities will be restated by applying a general price index. The income (loss) from the net monetary position will be charged to net income for the reporting period in a separate item.

In order to conclude whether a given economy qualifies as hyperinflationary pursuant to the terms of IAS 29, the standard sets forth certain factors that should be considered, including a three-year cumulative inflation rate reaching or exceeding 100%.

In this regard, the Argentine Federation of Professional Councils in Economic Sciences (F.A.C.P.C.E.) through Resolution J.G.539/18 and the Professional Council in Economic Sciences of the Autonomous City of Buenos Aires (C.P.C.E.C.A.B.A.) through Resolution C.D. 107/2018 have pointed out that, effective for fiscal years ending on July 1, 2018 and thereafter, entities reporting under IFRS will be required to apply IAS 29 since the conditions for such application have been satisfied. In addition, Law No. 27468 enacted in November 2018 abrogated the prohibition to present the financial statements adjusted for inflation, as established by Decree 664/2003, entrusting each regulatory agency with its application. In this regard, on December 26, 2018, the C.N.V. issued General Resolution No. 777/2018 authorizing the issuing entities to present accounting information in constant currency for annual financial statements for interim and special periods ending on December 31, 2018 and thereafter, except for financial institutions and insurance companies.

On February 22, 2019, through Communiqué “A” 6651, the Argentine Central Bank established that entities subject to its control shall restate the financial statements into constant currency for the fiscal years commencing January 1, 2020. However the Group has applied IAS 29 in these consolidated financial statements in order for them to comply with IFRS.

(c)    Changes in Accounting Criteria/New Accounting Standards

Certain new accounting standards and interpretations have been published that are not mandatory for December 31, 2018 reporting periods and have not been early adopted by the Group. The Group’s assessment of the impact of these new standards and interpretations is set out below.

IFRS 16 “Leases”: IFRS 16 was issued in January 2016. It will result in almost all leases being recognised on the balance sheet by lessees, as the distinction between operating and finance leases is removed. Under the new standard, an asset (the right to use the leased item) and a financial liability to pay rentals are recognised. The only exceptions are short-term and low-value leases as provided for in IAS 17. However, the new accounting model for lessee is expected to have an impact on negotiations between lessors and lessees. Entities are required to apply IFRS 16 for fiscal years commencing on or after January 1, 2019.

The application of such standard is expected to cause an increase of about $2.500 million in total assets for recording the right of use of assets net of their accumulated depreciation, coupled with an increase for the same amount in liabilities for recording the financial liability arising from the lease.

IFRS 17 “Insurance Contracts”: On May 18, 2017, the IASB issued IFRS 17 “Insurance Contracts,” establishing a comprehensive accounting framework based on measurement and disclosure principles for insurance contracts. The new standard supersedes IFRS 4 “Insurance Contracts,” and requires entities to measure an insurance contract at initial recognition at the total of the fulfilment cash flows (comprising the estimated future cash flows, an adjustment to reflect the time value of money and an explicit risk adjustment for non-financial risk) and the contractual service margin. The fulfilment cash flows are remeasured on a current basis each reporting period. The unearned profit (contractual service margin) is recognized over the coverage period. Entities are required to apply IFRS 17 for fiscal years commencing on or after January 1, 2021. The Group is assessing the potential impact this standard will have on its financial statements.

IFRIC 23 “Uncertainty over Income Tax Treatment”: This interpretation clarifies how the recognition and measurement requirements of IAS 12 “Income Tax” are applied when there is uncertainty over the income tax treatment. IFRIC 23 was published in June 2017 and entities will be required to apply it for fiscal years commencing on or after January 1, 2019.

Prepayment Features with Negative Compensation – Amendments to IFRS 9: This amendment to IFRS 9 enables entities to measure at amortized cost some prepayable financial assets with negative compensation. The assets affected, that include some loans and debt securities, would otherwise have been measured at fair value through profit or loss. To qualify for amortized cost measurement, the negative compensation must be “reasonable compensation for early termination of the contract” and the asset must be held within a ‘held to collect’ business model. Entities are required to apply this amendment to IFRS 9 for fiscal years commencing on or after January 1, 2019. The Group believes that the application of this standard will not have a material impact.

Investments in Associates and Joint Ventures – Amendments to IAS 28: The amendments clarify the accounting for investments in associates and joint ventures for which the equity method is not applied. Entities shall account for such investments according to IFRS 9 “Financial Instruments”. This includes the impairment requirements in IFRS 9. Entities are required to apply the amendments to IAS 28 for fiscal years commencing on or after January 1, 2019. The Group believes that the application of this standard will not have a material impact.

Annual Improvements to IFRS 2015–2017 Cycle: The following improvements were agreed in December 2017.

• IFRS 3: The amendments to IFRS 3 clarified that obtaining control of a joint operation is a business combination achieved in stages.

• IFRS 11: The amendments to IFRS 11 clarified that the party obtaining control of a business that is a joint operation should not remeasure its previously held interest in that joint operation.

• IAS 12: The amendments to IAS 12 clarified that the tax consequences of dividends on financial instruments classified as equity should be recognized according to where the past transactions or events that generated distributable profits where recognized. These requirements apply to all income tax consequences of dividend.

• IAS 23: The amendments to IAS 23 clarified that if a specific borrowing remains outstanding after the related qualifying asset is ready for its intended use or sale, then that borrowing becomes part of general borrowings.

Entities are required to apply these amendments for fiscal years commencing on or after January 1, 2019. The Group believes that the application of this standard would not have a material impact.

There are no other IFRS or IFRIC interpretations that are not yet effective and that would have a material impact on the Group.

1.3.    CONSOLIDATION

Subsidiaries are all entities, including structured entities, over which the Group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. The existence and effect of substantive rights, including potential voting rights, is taken into account when assessing whether the Group has control over another entity. In order for a right to be substantive, it must be exercisable by its holder when decisions about the direction of the entity’s relevant activities need to be made. The Group may have control over an entity, even if it is entitled to less than a majority of voting rights.

In addition, other investors’ protective rights, such as those related to substantive changes to the investee’s activities or only applicable under exceptional circumstances, do not prevent the Group from having power over an investee. Subsidiaries are fully consolidated from the date on which control is transferred to the Group. They are deconsolidated from the date that control ceases.

The following table shows the subsidiaries consolidated into the Group’s consolidated financial statements, at their different levels:

					Percentage Interest (%)
			Local and		12.31.18				12.31.17				01.01.17
Company	Country		Functional Currency	Closing Date	Direct		Direct and Indirect		Direct		Direct and Indirect		Direct		Direct and Indirect
Banco de Galicia y Buenos Aires S.A.U.		Argentina	ARP	12.31.18		100		100		100		100		100		100
Cobranzas Regionales S.A.		Argentina	ARP	12.31.18		—		83		—		77		—		77
Galicia Administradora de Fondos S.A.		Argentina	ARP	12.31.18		95		100		95		100		95		100
Galicia Broker Asesores de Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Retiro Compañía de Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Valores S.A.		Argentina	ARP	12.31.18		1		100		1		100		—		100
Galicia Warrants S.A.		Argentina	ARP	12.31.18		87.5		100		87.5		100		87.5		100
Financial Trust Galtrust I		Argentina	ARP	12.31.18		—		—		—		100		—		100
Financial Trust Saturno Créditos		Argentina	ARP	12.31.18		—		100		—		100		—		100
Net Investment S.A. (in Liquidation)(*)		Argentina	ARP	12.31.18		—		—		87.5		100		87.5		100
Ondara S.A.		Argentina	ARP	12.31.18		—		83.9		—		78.2		—		78.2
Sudamericana Holding S.A.		Argentina	ARP	12.31.18		87.5		100		87.5		100		87.5		100
Tarjeta Naranja S.A.		Argentina	ARP	12.31.18		83		83		—		77		—		77
Tarjetas del Mar S.A.		Argentina	ARP	12.31.18		—		—		—		—		—		60
Tarjetas Regionales S.A.		Argentina	ARP	12.31.18		83		83		—		77		—		77

(*) The final distribution was paid out on January 9, 2018.

As a result of the application of IFRS 10 “Consolidation,” the Group has started to consolidate Financial Trusts Saturno Créditos and Financial Trust Galtrust I in its consolidated financial statements, and deconsolidated Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A., as these two companies have been classified as held for sale as of December 31, 2017 and January 1, 2017.

For purposes of consolidation, the Group used the subsidiaries’ financial statements for the fiscal year ended December 31, 2018. Accounting policies of Sudamericana Holding S.A. have been adjusted in order for them to reflect similar criteria to those applied by the Group in preparing its consolidated financial statements.

Intercompany transactions, balances and unrealised gains on transactions between Group companies are eliminated.

Non-controlling interests in the results and equity of consolidated are shown separately in the consolidated income statement, consolidated statement of other comprehensive income, consolidated statement of changes in equity and consolidated balance sheet respectively.

According to the provisions set forth in IFRS 3 “Business Combinations,” the acquisition of subsidiaries is accounted for by applying the acquisition method. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are, with limited exceptions, measured initially at their fair values at the acquisition date.

Goodwill is measured as the difference, as of the acquisition date, of the identifiable assets acquired, the liabilities assumed, the value of the consideration transferred, the amount of the non-controlling interest in the investee, and the fair value of previously held interest in the investee before the acquisition date.

The consideration transferred in a business combination is measured at the fair value of the assets transferred by the acquirer, the liabilities assumed, and the equity instruments issued by the acquirer. Transaction costs are recognized as expenses in the periods in which costs were incurred and services were received, other than transaction costs incurred in issuing equity instruments which are deducted from equity and the transaction costs incurred in issuing debt instruments, which are deducted from their carrying amount.

1.4.    TRANSACTIONS WITH NON-CONTROLLING INTEREST

The Group treats transactions with non-controlling interests that do not result in a loss of control as transactions with equity owners of the Group. A change in ownership interest results in an adjustment between the carrying amounts of the controlling and non-controlling interests to reflect their relative interests in the subsidiary. Any difference between the amount of the adjustment to non-controlling interests and any consideration paid or received is recognised within equity attributable to owners of the Group.

1.5.    ASSOCIATES

Associates are entities over which the Group has significant influence (either directly or indirectly), but not control joint control. This is generally the case where the Group holds between 20 and 50% interest in voting rights. Investments in associates are accounted for using the equity method and are initially recognized at cost. The carrying amount of associates includes the goodwill identified in the acquisition, net of accumulated impairment losses, if any. Dividends received from associates reduce the carrying amount of the investment. Other changes subsequent to the acquisition of the Group’s interest in an associate’s net assets are recognized as follows: (i) the Group’s interest in the profits or losses of the associates is accounted for in the income statement under Share of Profit from Associates and Joint Ventures, and (ii) the Group’s interest in other comprehensive income is recognized in the consolidated statement of other comprehensive income and is disclosed separately. However, when the Group’s share of losses in an associate equals or exceeds its interest the entity, the Group does not recognize further losses, unless it has incurred obligations or made payments on behalf of the other entity.

Unrealized gains on transactions between the Group and its associates are eliminated to the extent of the Group’s interest in the associate; unrealized losses are also eliminated, provides evidence of an impairment of the asset transferred.

1.6.    SEGMENT REPORTING

An operating segment is a component of an entity (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity), (b) whose operating results are regularly reviewed by the Group’s CODM (chief operating decision maker) to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available.

Operating segments are reported consistently with the internal reports submitted to the Board of Directors (CODM of the Group), which is responsible for making the Group’s strategic decisions, allocating resources and assessing the performance of the operating segments.

1.7.    FOREIGN CURRENCY TRANSLATION

(a) Functional and Presentation Currency

The figures disclosed in the consolidated financial statements for each of the Group’s entities are measured in their functional currency, that is, the currency of the main economic environment in which they operate. These consolidated financial statements are stated in Argentine Pesos, which is the Group’s functional and presentation currency. (See Note 1.2).

(b) Transactions and Balances

Foreign currency transactions are translated into the functional currency using the exchange rates at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at year end exchange rates are generally recognized in the income statement under “Gold and Foreign Currency Quotation Differences,”. They are deferred in equity if they relate to qualifying cash flow hedges and qualifying net investment hedges or are attributable to part of the net investment in a foreign operation.

Assets and liabilities in foreign currency are measured at the reference exchange rate of the U.S. dollar set by the Argentine Central Bank prevailing at the close of operations on the last working day of each month.

As of December 31, 2018, December 31, 2017, and January 1, 2017, balances in U.S. Dollars were converted applying the reference exchange rate ($37.8083, $18.7742 and $15.8502, respectively) set by the Argentine Central Bank. Assets and liabilities valued in foreign currencies other than the U.S. Dollar were converted into the latter currency using swap rates reported by the Argentine Central Bank.

1.8.    CASH AND DUE FROM BANKS

The item Cash and Due from Banks includes cash available and unrestricted deposits held in banks, which are short-term liquid instruments and have original maturities of less than three months.

The assets disclosed under cash and cash equivalents are accounted for at amortized cost which approximates its fair value.

1.9.    FINANCIAL INSTRUMENTS

Initial Recognition

The Group recognizes a financial asset or liability in its consolidated financial statements, as the case may be, when it becomes a party to the contractual provisions of the instrument. Regular way purchases and sales of financial assets are recognized on trade-date, the date on which the group commits to purchase or sell the asset.

Upon initial recognition, the Group measures financial assets and liabilities at fair value, plus or less, in the case of instruments that are not recognized at fair value through profit or loss, the transaction costs directly attributable to the acquisition, such as fees and commissions.

Where the fair value differs from the acquisition cost at the time of initial recognition, the Group recognizes the difference as follows:

a. When the fair value is evidenced by a quoted price in an active market for an identical asset or liability, or is based on a valuation technique that uses only data from observable markets, the difference is recognized as profit or loss, as the case may be.

b. In all other cases, the difference is deferred. After initial recognition, the entity shall recognize that deferred difference as a gain or loss only to the extent that it arises from a change in a factor (including time) that market participants would take into account when pricing the asset or liability.

Financial Assets

a. Debt Instruments

The Group classifies as debt instruments such instruments that are considered financial liabilities for the issuer, including loans, government and private securities, bonds, and accounts receivable from customers.

Classification

As set out in IFRS 9, the Group classifies financial assets as subsequently measured at amortized cost, at fair value through in other comprehensive income or at fair value through profit or loss, on the basis of:

• the Group’s business model to manage financial assets; and

• the characteristics of contractual cash flows of the financial asset.

Business Model

The business model is the manner in which the Group manages a set of financial assets to achieve a specific business goal. It represents the manner in which the Group manages its financial assets in order to generate cash flows.

The Group may follow several business models; whose objective is:

• Holding instruments to collect its contractual cash flows;

• Holding instruments in portfolio to collect contractual cash flows and, in turn, sell them if deemed convenient; or

• Holding instruments for trading.

The Group’s business model does not depend on the intended purpose of an individual instrument. Accordingly, this condition is not an approach for classification of instruments on an individual basis. Instead, such classification is determined at a higher level of aggregation.

The Group only reclassifies an instrument if and when the business model for managing financial assets has changed. Such reclassification takes place as from the commencement of the period in which the change has occurred. Such changes are not expected to be frequent, with no changes having occurred during the fiscal year.

Characteristics of Contractual Cash Flows

The Group assesses whether the cash flows from the aggregated instruments represent payments of solely principal and interest on the principal amount outstanding; otherwise, such instruments should be measured at fair value through profit or loss.

Based on the aforementioned, Financial Assets are classified into three categories:

(i) Financial assets measured at amortized cost:

Financial assets are measured at amortized cost when:

(a) the financial asset is held within a business model whose objective is to maintain financial assets to collect contractual cash flows; and

(b) the contractual conditions of the financial asset give rise, on certain specified dates, to cash flows which are solely payments of principal and interest on the outstanding principal amount.

These financial instruments are initially recognized at fair value plus the incremental and directly attributable transaction costs, and are subsequently measured at amortized cost.

The amortized cost of a financial asset is equal to its acquisition cost, net of accumulated amortization plus accrued interest (calculated applying the effective rate method), net of impairment losses, if any.

(ii) Financial assets at fair value through other comprehensive income:

Financial assets are measured at fair value through other comprehensive income when:

(a) the financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and

(b) the contractual conditions of the financial asset give rise, on certain specified dates, to cash flows which are only principal and interest payments on the outstanding principal amount.

These instruments are initially recognized at fair value plus the incremental and directly attributable transaction costs, and are subsequently measured at fair value through other comprehensive income. The gains and losses arising from the changes in fair value are included in other comprehensive income under a separate component of equity. Losses or impairment reversals, interest income, and exchange gains and losses are charged to income. Upon the sale or disposal of the instrument, the accumulated gains or losses previously recognized in other comprehensive income are reclassified from the income statement.

(ii) Financial assets at fair value through profit or loss:

Financial assets at fair value through profit or loss are:

• Instruments held for trading;

• Instruments specifically designated at fair value through profit or loss; and

• Instruments whose contractual terms do not represent cash flows but rather principal or interest payments only on outstanding principal amount.

These financial instruments are initially recognized at fair value and any fair value measurement is charged to the income statement.

The Group classifies a financial instrument as held for trading if such instrument is acquired or incurred for the main purpose of selling or repurchasing it in the short term, or if it is part of a portfolio of financial instruments which are managed together and for which there is evidence of short-term profits, or if it is a derivative financial instrument not designated as a hedging instrument. Derivatives and trading securities are classified as held for trading and are measured at fair value.

Furthermore, financial assets may be measured at fair value through profit or loss when, in doing so, the Group eliminates or substantially reduces a measurement or recognition inconsistency.

b. Equity Instruments

Equity instruments are those considered as such by the issuer; in other words, instruments which do not include a contractual obligation to pay cash and which evidence a residual interest on the issuer’s assets after deducting all of its liabilities.

Such instruments are measured at fair value through profit or loss, except where management has used, at the time of their initial recognition, the irrevocable option to measure them at fair value through other comprehensive income. This option is only available when instruments are not held for trading. The gains or losses of these instruments will be recognized in Other Comprehensive Income, with no reclassification, to profit or loss even if when they are realized. Dividends receivable from such instrument will be charged to income only at the time the Group becomes entitled to receive payment.

Financial Liabilities

Classification

The Group classifies its financial liabilities at amortized cost using the effective interest rate method, except for:

• Financial liabilities measured at fair value through profit or loss, including derivative financial instruments.

• Liabilities resulting from the transfer of financial assets that do not meet the derecognition criteria.

• Financial guarantee contracts.

• Loan commitments at lower than market rates.

Financial liabilities measured at fair value through profit or loss: The Group may, upon initial recognition, use the irrevocable option to designate a financial liability at fair value through profit or loss, if and only if exercising such option results in a better information because:

• the Group eliminates or substantially reduces measurement or recognition inconsistencies which would otherwise arise;

• if financial assets and liabilities or a group of financial assets or liabilities are managed and performance is assessed on a fair value basis, according to a documented investment or risk management strategy; or

• if a host contract contains one or more embedded derivatives and the Company has opted for designating the entire contract at fair value through profit or loss.

Financial guarantee contracts: Financial guarantee contracts require the issuer to make specified payments to reimburse the holder for a loss it may incur if a specified debtor fails to make payment when due under a debt instrument´s original modified terms.

Financial guarantee contracts and loan commitments at lower than market rates are initially measured at fair value and then remeasured at the higher of the unaccrued premium at year-end and the applicable allowance for impairment.

Derecognition of Financial Instruments

Financial Assets

A financial asset or, where applicable, a portion of a financial asset or a portion of a group of similar financial assets, is derecognized when: (i) the rights to receive cash flows from the asset have expired; or (ii) the Group has transferred its rights to receive cash flows from the asset or has assumed the obligation to remit all cash flows received to a third party without material delay under a pass-through agreement ; and substantially all risks and rewards inherent to the asset have been transferred or, if substantially all risks and rewards inherent to the asset have not been transferred or retained, when control over such asset has been transferred.

When the contractual rights to receive the cash flows generated by the asset have been transferred or a pass-through agreement has been entered into, the entity will assess whether or not, and to which extent, it has retained the risks and rewards inherent to ownership of an asset. If an entity has neither transferred nor retained substantially all risks and rewards inherent to ownership of an asset, nor has it transferred control over such asset, then it will continue recognizing such asset in its financial statements to the extent of its continuing involvement.

In this case, the entity will also recognize the related liability. The transferred asset and the related liability are measured in such a manner as to reflect the rights and obligations the Group has retained.

When continuing involvement takes the form of collateral over the transferred asset, it is measured at the lower of (i) the original carrying amount, and (ii) the maximum amount of the consideration received the entity could be required to repay.

Financial Liabilities:

A financial liability is derecognized when the payment obligation is satisfied, is canceled or expires. When an existing financial liability is exchanged for another with the same borrower under substantially different terms, or the prevailing terms are substantially modified, such exchange or modification will be treated as a derecognition of the original liability, and a new liability will be recognized. The difference between the carrying amount of the initial financial liability and the consideration paid is recognized in the consolidated income statement. When renegotiation terms do not substantially differ or the terms are not significantly modified, the flows of modified financial liabilities are discounted at the original contract rate.

1.10.    DERIVATIVE FINANCIAL INSTRUMENTS

Derivative Financial instruments, including foreign exchange contracts, interest rate futures, forwards, interest rate and currency swaps, and currency and interest rate options, are carried at fair value.

All derivative financial instruments are accounted for as assets when fair value is positive and as liabilities when fair value is negative, relative to the agreed-upon price. Changes in the fair value of derivative instruments are charged to income for the fiscal year.

The Group has not applied hedge accounting in these consolidated financial statements.

1.11.    REPO TRANSACTIONS

Reverse Repo Transactions

According to the derecognition principles set out in IFRS 9, these transactions are treated as secured loans for the risk has not been transferred to the counterparty.

Loans received in the form of reverse repo agreements are accounted for under “Repo Transactions”, classified by counterparty (i.e. financial debtors, Argentine Central Bank and non-financial debtors) and also by the type of assets received as collateral.

At the end of each month, accrued interest income is charged against “Repo Transactions” with its corresponding offsetting entry in “Interest Income.”

The assets received and sold by the Group are derecognized at the end of the repo transaction, and an in-kind liability is recorded to reflect the obligation of delivering the security disposed of.

Repo Transactions

Loans received in the form of repo agreements are accounted for under “Repo Transactions”, classified by counterparty (financial creditors, Argentine Central Bank and non-financial creditors) and also by the type of asset pledged as collateral.

In these transactions, when the recipient of the underlying asset becomes entitled to sell it or pledge it as collateral, it is reclassified to “Financial Assets Pledged as Collateral” At the end of each month, these assets are measured according to the category they had before they were subject to the repo transaction, and results are charged against the applicable accounts, depending on the type of asset.

At the end of each month, accrued interest expense is charged against “Repo Transactions” with its corresponding offsetting entry in “Interest-related Expenses.”

1.12.    ALLOWANCES FOR LOAN LOSSES

The Group assesses on a forward-looking basis the expected credit losses (“ECL”) associated with its debt instruments assets carried at amortized cost and FVOCI, together with the exposure arising from loan commitments and financial guarantee contracts. The Group recognizes a loss allowance for such losses at each reporting date. The measurement of ECL reflects:

• An unbiased and probability-weighted amount is determined by evaluating a range of possible outcomes,

• The time value of money, and

• Reasonable and supportable information that is available without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic conditions.

Note 46 provides more detail of how the expected credit loss allowance is measured.

1.13.    LEASES

1.13.1.    Operating Leases

Leases where the lessor retains a substantial portion of the risks and rewards of ownership are classified as operating leases. Payments made under operating leases (net of lease incentives) are recognized in profit or loss on a straight-line basis over the term of the lease.

1.13.2.    Finance Leases

Finance leases are capitalized, at the lease’s inception at the fair value of the leased property or, if lower, the present value of the minimum lease payments.

Each lease payment is allocated between the liability and finance cost. The finance cost is charged to the profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. Assets acquired under a finance lease are depreciated during the shorter of the asset useful life and the lease term.

1.14.    PROPERTY, PLANT AND EQUIPMENT

The Group has used the option set out in IFRS 1 “First-time Adoption of IFRS” and has adopted the fair value as deemed cost for certain items of property, plant and equipment on transition date to IFRS as mentioned in Note 3.

Assets are stated at historical cost adjusted for inflation (as explained in Note 1.2.b.) less depreciation. Historical cost includes expenditure that is directly attributable to the acquisition of items. The items of property, plant and equipment acquired in a business combination were initially measured at their estimated fair value at the time of the acquisition.

Subsequent costs are included in the value of the asset and are recognized as a separate asset, as the case may be, if and only if future economic benefits are expected to flow to the Group and its cost can be measured reliably. The carrying amount of any component accounted for as a separate asset is derecognized when replaced. All other repairs and maintenance are charged to profit or loss during the reporting period in which they are incurred.

Depreciation is calculated on a straight-line basis, using annual rates sufficient to extinguish the value of the assets at the end of their estimated useful life. If an asset is comprised by significant components with varying useful lives, such components will be recognized and depreciated as separate item. Property, plant and equipment residual values, useful lives and depreciation methods are reviewed and adjusted, as needed, as of each year-end or when indicators of impairment exist.

The carrying amount of property, plant and equipment is immediately reduced to its recoverable value when the carrying amount exceeds the estimated recoverable value.

Gains and losses from the disposal of items of property, plant and equipment are calculated by comparing the proceeds from the disposal to the carrying amount of the respective asset and are charged to income.

1.15.    INTANGIBLE ASSETS

1.15.1.    Licenses

Separately acquired licenses are shown at historical cost, restated in accordance with Note 1.2.b. while licenses acquired through business combinations are measured at their estimated fair value on the acquisition date and restated in accordance with 1.2.b.

As of the date of these consolidated financial statements, intangible assets with definite useful life are disclosed net of accumulated amortization and/or impairment losses, if any. These assets are tested for impairment on an annual basis or when indicators of impairment exist.

Licenses acquired by the Group were classified as intangible assets with definite useful life and are amortized on a straight-line basis over the license term.

Intangible assets with indefinite useful life are those arising from contracts or other legal rights renewable at no significant cost and for which, on the basis of an analysis of all relevant factors, there is no foreseeable time limit during which the asset is expected to generate net cash flows for the Group. These intangible assets are not amortized, but are rather tested for impairment on an annual basis or when indicators of impairment exist, either individually or at the cash-generating unit level. The determination of the indefinite useful life is reviewed on an annual basis to confirm whether it is still applicable.

1.15.2.    Software

Costs associated with software maintenance are recognized as an expense when incurred.

Development costs that are directly attributable to the design and testing of identifiable and unique software products controlled by the group are recognized as intangible assets when the following criteria are met:

• it is technically feasible to complete the software so that it will be available for use

• management intends to complete the software and use or sell it

• there is an ability to use or sell the software

• it can be demonstrated how the software will generate probable future economic benefits

• adequate technical, financial and other resources to complete the development and to use or sell the software are available, and

• the expenditure attributable to the software during its development can be reliably measure costs incurred in software development, acquisition and deployment recognized as intangible assets are amortized on a straight-line basis during the estimated useful life and restated in accordance with Note 1.2.b.

1.16.    ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS

1.16.1.    Assets Held for Sale

The assets, or group of assets, classified as held for sale pursuant to IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations,” are disclosed separately from the other assets.

Non-current assets or disposal groups (including the loss of control over a subsidiary) are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than through continuing use and a sale is considered highly probable. In order for an asset to be classified as held for sale, it must meet the following conditions:

• it must be available for immediate sale in its current condition;

• Management must be committed to a plan to sell the asset and must have initiated an active program to locate a buyer and complete the plan;

• the asset must be actively marketed for sale at a reasonable price in relation to its current fair value;

• the sale must be expected to be completed within 12 months from the reclassification date;

• it is unlikely that the plan will be significantly changed or withdrawn.

Assets, or groups of assets, classified as held for sale pursuant to IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations,” are measured at the lower of their carrying amount and fair value less costs to sell and are restated in accordance with Note 1.2.b.

Non-current assets (including those that are part of a disposal group) are not depreciated or amortized while they are classified as held for sale.

1.16.2.    Discontinued Operations

A discontinued operation is a Group’s component that either has been disposed of, or classified as held for sale, and meets any of the following conditions:

• represents either a separate major line of business or a geographical area of operations;

• is part of a single coordinated plan to dispose of a separate major line of business or geographical area of operations; or

• is an independent entity exclusively acquired with a view to resale.

Any gain or loss on the remeasurement of an asset (or disposal group) classified as held for sale which does not meet the requirements to be classified as a discontinued operation will be recognized in income from continuing operations.

1.17.    IMPAIRMENT OF NON-FINANCIAL ASSETS

Assets with indefinite useful life are not subject to amortization and are tested annually for impairment, or more frequently if events or changes in circumstances indicate that they might be impaired. Other assets are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable or, at least, on an annual basis.

An impairment loss is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs of disposal and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash inflows which are largely independent of the cash inflows from other assets or groups of assets (cash-generating units). Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal of the impairment at the end of each reporting period.

1.18.    TRUST ASSETS

Assets held by the Group in its capacity as trustee are not included in the consolidated balance sheet because the Group has neither control over the trust nor the risks and benefits of the underlying assets. Commissions and fees earned on trust activities are disclosed in “Fee Income”.

1.19.    OFFSETTING

Financial assets and liabilities are offset and the net amount reported in the balance sheet where the Group currently has a legally enforceable right to offset the recognized amounts, and there is an intention to settle on a net basis or realize the asset and settle the liability simultaneously.

1.20.    LOANS FROM THE ARGENTINE CENTRAL BANK AND OTHER FINANCIAL INSTITUTIONS

The amounts owed to other financial institutions are recorded at the time the bank disburses the proceeds to the economic group. The non-derivative financial liability is measured at amortized cost. Where the Group buys back its own debt, such debt will be derecognized from its consolidated financial statements and the difference between the residual value of the financial liability and the amount paid will be recognized as financial income or expense, as the case may be.

1.21.    PROVISIONS / CONTINGENCIES

A provision will be recognized when:

a. an entity has a present obligation (legal or constructive) as a result of a past event;

b. it is probable that an outflow of resources embodying future economic benefits will be required to settle the obligation; and

c. the amount can be reliably estimated.

The Group will be deemed to have a constructive obligation where (a) the Group has assumed certain responsibilities as a consequence of past practices or public policies, and (b) as a result, the Group has created an expectation that it will discharge those responsibilities.

The Group recognizes the following provisions:

• For labor, civil and commercial lawsuits: These provisions are calculated on the basis of attorneys’ reports about the status of the proceedings and the estimate about the potential losses the Group may sustain, as well as on the basis of past experience in proceedings of these kinds.

• For miscellaneous risks: These provisions are set up to address contingencies that may trigger obligations for the Group. In estimating the provision amounts, the Group evaluates the likelihood of occurrence taking into consideration the opinion of its legal and professional advisors.

The provision amount recognized by the Group must be the best estimate at the reporting year-end of the disbursement required to settle the current obligation.

Where the financial effect of the discount is material, the provision amount must be the present value of the disbursements expected to be required to settle the obligation, applying a pre-tax interest rate that reflects prevailing market conditions on the time value of money and the risks specific to such obligation. The increase in the provision due to the passage of time is recognized under Financial Income (Loss), Net in the income statement.

The Group will not account for positive contingencies, other than those arising from deferred taxes and those whose occurrence is virtually certain.

As of the date of these consolidated financial statements, the Group’s management believes there are no elements leading to determine the existence of contingencies that might be materialized and have a negative impact on these consolidated financial statements other than those disclosed in Note 47.

1.22.    OTHER NON-FINANCIAL LIABILITIES

Non-financial accounts payable are accrued when the counterparty has fulfilled its contractual obligations and are measured at amortized cost.

1.23.    DEBT INSTRUMENTS ISSUED

The Debt Instruments Issued by the Group are measured at amortized cost. Where the Group buys back its own debt, the liability in respect of such debt instrument will be deemed extinguished and, accordingly, the debt instrument will be derecognized. Where the Group buys back its own debt, such debt will be derecognized from its consolidated financial statements and the difference between the residual value of the financial liability and the amount paid will be recognized as financial income or expense, as the case may be.

1.24.    ASSETS AND LIABILITIES ARISING FROM INSURANCE CONTRACTS

Assets and liabilities arising from the Group’s insurance contracts are measured and recorded according to the criteria set forth in IFRS 4 “Insurance Contracts”.

Assets for Insurance Contracts

Insurance contracts are those contracts under which the Group (the insurer) has accepted an insurance risk from the other party (the policyholder) by agreeing to compensate the policyholder if a specified uncertain future event (the insured event) adversely affects the policyholder.

Once a contract has been classified as an insurance contract, it continues to be an insurance contract for its remaining useful life, even if the insurance risk is significantly reduced during this period, unless all the rights and obligations are extinguished or expire.

The insurance contracts offered by the Group include property insurance covering fire, homeowners’ insurance, theft and similar risks, property damages, personal accidents, among other risks. They also include life and retirement insurance.

Total premiums are recognized as an account receivable on the date of issuance of the policy. At the same time, a reserve for unaccrued premiums representing premiums for risks that have not yet expired is recorded in liabilities. Unaccrued premiums are recognized as revenue during the contract period, which is also the coverage and risk period. The carrying amount of accounts receivable from insurance is reviewed for impairment provided that events or circumstances indicate that the carrying amount may not be recoverable. The impairment loss is charged to the income statement.

Liabilities Recognized for the Insurance Business

Debts with Insured Reserves

Reserves for insurance losses account for debts with insured for losses reported to the company and the estimated losses that have already been incurred but to date have not been reported to the company (IBNR losses). Reported losses are adjusted based on technical reports received from independent appraisers.

Debts with Reinsurers and Co-insurers

The Group mitigates the risk for some of its insurance businesses through coinsurance or reinsurance contracts with other companies. In the case of coinsurance, the company associates with another company to cover the risk assuming only a share thereof and, accordingly, of the premium as well. In the case of reinsurance, the risk is transferred to another insurance company both proportionally (as a share of the risk) and non-proportionally (the excess of loss is covered above a specified limit). The transferred reinsurance agreements do not release the Group from its obligations towards the insured.

Liabilities for coinsurance and reinsurance represent the amounts owed under the same terms and amounts payable are estimated consistently with the contract that has given rise thereto.

Debts with Insurance Brokers

They represent the liabilities with insurance brokers and representative agents arising from commissions on insurance operations they originate for the Group’s companies. They also include the current account balances with those entities.

Statutory Reserves

Statutory reserves include the reserves for obligations of future benefits by virtue of their life insurance policies, annuities and accidents, and the reserves for retirement insurance contracts.

The Group evaluates, at the end of the reporting period, the adjustment of insurance liabilities that have been recognized, using the current estimates of future cash flows from insurance contracts. If the evaluation shows that the carrying amount of its liabilities for insurance contracts (less deferred acquisition costs and related intangible assets) is not adequate, considering the estimated future cash flows, the total amount of the inadequacy will be recognized in profit or loss. According to IFRS 4, the Group will be required to determine the adequacy of the carrying amount recorded pursuant to the guidelines set out in IAS 37.

1.25.    SHAREHOLDERS’ EQUITY

Shareholders’ equity accounts are restated in accordance with Note 1.2.b., except for the item “Capital Stock”, which is carried at face value. The restatement adjustment is included in “Adjustments to Shareholders’ Equity.”

Ordinary shares are recognized in shareholders’ equity and carried at face value. When any company comprising the Group buys shares of the Company’s capital stock (treasury stock), the payment made, including any cost directly attributable to the transaction (net of taxes), is deducted from shareholders’ equity until the shares are either canceled or disposed of.

1.26.    PROFIT RESERVES

Pursuant to Section 70 of the General Corporations Law, the Company and its subsidiaries, other than Banco Galicia, are required to appropriate 5% of the net income for the fiscal year to the Legal Reserve until such reserve is equal to 20% of capital stock, plus the balance of the Capital Adjustment account.

As concerns Banco Galicia, according to the regulations set forth by the Argentine Central Bank, 20% of net income for the fiscal year, net of previous years’ adjustments, if any, is required to be appropriated to the legal reserve. Notwithstanding the aforementioned, in appropriating amounts to other reserves, Financial Institutions are required to comply with the provisions laid down by the Argentine Central Bank in the revised text on distribution of dividends described in Note 54.8.

1.27.    DISTRIBUTION OF DIVIDENDS

The distribution of dividends to the Group’s shareholders is recognized as a liability in the consolidated financial statements for the fiscal year in which dividends are approved by the Group’s shareholders.

1.28.    REVENUE RECOGNITION

Financial income and expense is recognized in respect of all debt instruments in accordance with the effective interest rate method, pursuant to which all gains and losses which are an integral part of the transaction effective interest rate are deferred.

Gains or losses included in the effective interest rate embrace disbursements or receipts relating to the creation or acquisition of a financial asset or liability, such as preparation and processing of the documents required to consummate the transactions, and payments received for the extension of credit arrangements. The Group accounts for its non-derivative financial liabilities at amortized cost, except for those included in “Liabilities at Fair Value through Profit or Loss,” which are measured at fair value.

Fees and commissions earned by the Group on the origination of syndicated loans are not part of the product effective interest rate, and are recognized in the income statement at the time the service is delivered, to the extent the Group does not retain a portion of the same, or such effective interest rate is maintained under the same conditions as the other participants. Commissions and fees earned by the Group on negotiations in third parties’ transactions are not part of the effective interest rate either, and are recognized at the time the transactions are executed.

IFRS 15 establishes the principles that an entity shall apply to recognize revenue and cash flows from contracts with customers.

The amount that should be recognized will be the amount that reflects the consideration to which the entity expects to be entitled in exchange for the services delivered to customers.

The Group’s income from services is recognized in the income statement as performance obligations are fulfilled, part of the consideration received is allocated to the point granted for the Group´s customer loyalty programs. Consideration is allocated based on the relative standalone selling prices for services rendered and points granted. Points are accumulated based on the redemption rate, once they are redeemed by customers, the Group recognizes the revenue associated to them.

Revenue recognized during the year is restated as explained in Note 1.2.b.

Below is a summary of the main commissions earned by the Bank:

Commissions	Earning Frequency
Retail Products and Services
Savings Accounts	Monthly
Checking Accounts	Monthly
Credit-card Renewal	Annual
Safe Deposit Boxes	Quarterly
Bonds and Shares Transactions	On each transaction
Wholesale Products
Account Maintenance	Monthly
Deposits and Withdrawals among Branches	Monthly
Foreign Trade Transactions	On each transaction

1.29.    INCOME TAX AND MINIMUM PRESUMED INCOME TAX

1.29.1.    Income Tax

The income tax expense for the year includes current and deferred tax. Income tax is recognized in the consolidated income statement, except for items required to be recognized directly in other comprehensive income. In this case, the income tax liability related to such items is also recognized in such statement.

The current income tax expense is calculated on the basis of the tax laws enacted or substantially enacted as of the balance sheet date in the countries where the Group operates and generates taxable income. The Group periodically assesses the position assumed in tax returns in connection with circumstances in which the tax laws are subject to interpretation. On the other hand, when required, the Group sets up provisions in respect of the amounts expected to be required to pay to the tax authorities.

Deferred income tax is determined, in its entirety, by applying the liability method on the temporary differences arising from the carrying amount of assets and liabilities and their tax base. However, the deferred tax arising from the initial recognition of an asset or liability in a transaction other than a business combination which, at the time of the transaction does not affect income or loss for accounting or tax purposes, is not recorded. The deferred tax is determined using tax rates (and laws) enacted as of the date of the financial statements and that are expected to be applicable when the deferred tax assets are realized or the deferred tax liabilities are settled.

Deferred tax assets are recognized only to the extent future tax benefits are likely to arise against which the temporary differences might be offset.

The Group recognizes a deferred tax liability for taxable temporary differences related to investments in subsidiaries and affiliates, except that the following two conditions are met:

(i) the Group controls the timing on which temporary differences will be reversed; and

(ii) such temporary differences are not likely to be reversed in the foreseeable future.

The balances of deferred tax assets and liabilities are offset when a legal right exists to offset current tax assets against current tax liabilities and to the extent such balances are related to the same tax authority of the Group or its subsidiaries, where tax balances are intended to be, and may be, settled on a net basis.

1.29.2.    Minimum Presumed Income Tax

The Group determines the minimum presumed income tax at the effective rate of 1% of the computable assets at each fiscal year-end. This tax is supplementary to income tax. The Group’s tax liability is equal to the higher of the two taxes. However, if the minimum presumed income tax were to exceed income tax in a given fiscal year, such excess may be computed as a payment on account of the income tax that could be generated in any of the next ten fiscal years.

The minimum presumed income tax credit disclosed under “Current Income Tax Assets” is the portion the Group expects to offset against the income tax in excess of minimum presumed income tax to be generated in the following ten fiscal years.

1.30.    EARNINGS PER SHARE

Basic earnings per share are calculated as income (loss) attributable to the owners of the Parent, divided by average ordinary shares outstanding.

Diluted earnings per share are calculated by adjusting income (loss) attributable to owners of the Parent and average ordinary shares outstanding adjusted for the effects of the potential conversion into equity instruments of all convertible instruments held by the Group at period-end.

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Significant Accounting Policies and Estimates

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Significant Accounting Policies and Estimates

NOTE 2. SIGNIFICANT ACCOUNTING POLICIES AND ESTIMATES

The preparation of these consolidated financial statements in accordance with IFRS requires the use of certain significant accounting estimates. It also requires Management to make judgments in applying the accounting standards to define the Group’s accounting policies.

The Group has identified the following areas which involve a higher degree of judgment or complexity, or the areas in which the assumptions and estimates are material for these consolidated financial statements, which are essential to understand the underlying accounting/financial reporting risks.

a. FAIR VALUE OF DERIVATIVE INSTRUMENTS AND OTHER INSTRUMENTS

The fair value of financial instruments not listed in active markets is determined using valuation techniques. Such techniques are validated and reviewed periodically by qualified personnel independent from the area which developed them. All models are assessed and adjusted before being put into use in order to ensure that results reflect current information and comparable market prices. Where possible, models rely on observable inputs only; however, certain factors, such as the Group’s own and the counterparty’s credit risk, volatilities and correlations, require the use of estimates. Changes in the assumptions about these factors may affect the reported fair value of financial instruments.

b. IMPAIRMENT LOSSES ON LOANS AND ADVANCES

The Group recognizes the allowance for loan losses under the expected credit losses method included in IFRS 9. The most significant judgments of the model relate to defining what is considered to be a significant increase in credit risk, determining the life of revolving facilities, and in making assumptions and estimates to incorporate relevant information about past events, current conditions and forecasts of economic conditions. A high degree of uncertainty is involved in making estimations using assumptions that are highly subjective and very sensitive to the risk factors.

c. IMPAIRMENT OF NON-FINANCIAL ASSETS

Intangible assets with definite useful life and property, plant and equipment are amortized or depreciated on a straight-line basis during their estimated useful life. The Group monitors the conditions associated with these assets to determine whether the events and circumstances require a review of the remaining amortization or depreciation term and whether there are factors or circumstances indicating impairment in the value of the asset which might not be recoverable.

Identifying the indicators of impairment of property, plant and equipment and intangible assets requires the use of judgment. The Group has concluded that there were no indicators of impairment for any of the years reported in its consolidated financial statements.

d. INCOME TAX AND DEFERRED TAX

The assessment of current and deferred tax assets and liabilities requires a significant level of judgment. Current income tax is accounted for according to the amounts expected to be paid, while deferred income tax is accounted for on the basis of the temporary differences between the carrying amount of assets and liabilities and their tax base, at the rates expected to be in force at the time of reversal of such differences.

A deferred tax asset is recognized when future taxable income is expected to exist to offset such temporary differences, based on Management’s assumptions about the amounts and timing of such future taxable income. Then, management needs to determine whether deferred tax assets are likely to be used and offset against future taxable income. Actual results may differ from these estimates, for instance, changes in the applicable tax laws or the outcome of the final review of the tax returns by the tax authorities and tax courts.

Future taxable income and the number of tax benefits likely to be available in the future are based on a medium-term business plan prepared by management, on the basis of expectations which are deemed reasonable.

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Transition To IFRS

12 Months Ended

Dec. 31, 2018

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Transition To IFRS

NOTE 3. TRANSITION TO IFRS

3.1. REQUIREMENTS FOR THE TRANSITION TO IFRS

The following is a reconciliation between the shareholders’ equity, consolidated income statement, consolidated other comprehensive income and consolidated statement of cash flows amounts related to the consolidated financial statements issued according to the accounting framework prior to the transition date (January 1, 2017) and the adoption date (December 31, 2017), and the amounts presented according to the IFRS (see Note 1.1) in these consolidated financial statements, as well as the effects of adjustments to cash flows.

Consolidated Balance Sheet	Prior Accounting Framework 12.31.17		Reclassifications			Adjustments			References(*)		IFRS 12.31.17
ASSETS
Cash and Due from Banks		83,654,804		3,864,824			(474,747	)		(**)		87,044,881
Debt Securities		57,243,282		(57,243,282	)		—					—
Loans and Other Financing		291,356,673		(291,356,673	)		—					—
Other Receivables Resulting from Financial Brokerage		49,252,567		(49,252,567	)		—					—
Receivables from Financial Leases		2,475,481		(2,475,481	)		—					—
Equity Investments in Associates and Joint Ventures		42,380		(42,380	)		—			(b)		—
Miscellaneous Receivables		5,624,770		(5,624,770	)		—					—
Property, Plant and Equipment		6,599,018		855,941			10,754,056			(c)		18,209,015
Miscellaneous Assets		920,957		(920,957	)		—					—
Intangible Assets		5,281,315		(3,386,055	)		(170,346	)		(d)		1,724,914
Unallocated Items		105,237		(105,237	)		—					—
Other Assets		933,522		(933,522	)		—					—
Debt Securities at Fair Value through Profit or Loss		—		43,131,317			(383,520	)		(e)		42,747,797
Derivative Financial Instruments		—		775,674			—			(f)		775,674
Repo Transactions		—		14,286,336			—					14,286,336
Other Financial Assets		—		10,280,118			59,138			(g)		10,339,256
Loans and Other Financing		—		294,954,874			(10,600,115	)		(h)		284,354,759
Other Debt Securities		—		3,826,823			355,714			(i)		4,182,537
Financial Assets Pledged as Collateral		—		9,442,784			(95,996	)		(k)		9,346,788
Current Income Tax Assets		—		435,524			(300,784	)		(**)		134,740
Investments in Equity Instruments		—		30,814			81,109			(j)		111,923
Deferred Income Tax Assets		—		898,751			(136,181	)		(q)		762,570
Assets for Insurance Contracts		—		1,021,703			—					1,021,703
Other Non-financial Assets		—		4,119,159			(381,029	)		(l)		3,738,130
Non-current Assets Held for Sale		—		6,998,967			3,861,124			(m)		10,860,091
TOTAL ASSETS		503,490,006		(16,417,315	)		2,568,423					489,641,114

(*) The references are related to the explanations included in Note 3.5.

(**) The adjustments are related to the deconsolidation of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Consolidated Balance Sheet	Prior Accounting Framework 12.31.17		Reclassifications			Adjustments			References(*)		IFRS 12.31.17
LIABILITIES
Deposits		300,385,784		18,197			(4,036,625	)		(**)		296,367,356
Other Liabilities Resulting from Financial Brokerage		120,099,500		(120,099,500	)		—					—
Miscellaneous Liabilities		12,654,374		(12,654,374	)		—					—
Provisions		1,053,020		—			(155,760	)		(n)		897,260
Subordinated Debt Securities		7,128,356		—			—					7,128,356
Unallocated Items		82,199		(82,199	)		—					—
Non-Controlling Interest		2,857,150		(2,857,233	)		83					—
Other Liabilities		1,204,603		(1,204,603	)		—			(s)		—
Derivative Financial Instruments		—		846,331			—			(f)		846,331
Repo Transactions		—		1,670,059			—			(**)		1,670,059
Other Financial Liabilities		—		55,255,531			95,268			(o)		55,350,799
Loans from the Argentine Central Bank and Other Financial Institutions		—		12,545,122			(926,820	)		(p)		11,618,302
Debt Securities		—		23,680,419			(3,401,254	)		(**)		20,279,165
Current Income Tax Liabilities		—		4,019,433			(440,904	)		(**)		3,578,529
Deferred Income Tax Liabilities		—		102,293			1,986,247			(q)		2,088,540
Liabilities for Insurance Contracts		—		1,208,253			(12,606	)		(s)		1,195,647
Other Non-financial Liabilities		—		19,642,178			1,500,276			(r)		21,142,454
TOTAL LIABILITIES		445,464,986		(17,910,093	)		(5,392,095	)				422,162,798
SHAREHOLDERS’ EQUITY
Capital Stock, Contributions and Reserves		45,726,926		(1,364,453	)		22,875,924					67,238,397
Retained Income		—		—			(9,596,038	)				(9,596,038	)
Other Accumulated Comprehensive Income		—		—			88,889					88,889
Net Income for the Year		12,298,094		—			(5,504,506	)				6,793,588
Shareholders’ Equity Attributable to owners of the Parent		58,025,020		(1,364,453	)		7,864,269					64,524,836
Shareholders’ Equity Attributable to Non-controlling Interests		—		2,857,231			96,249					2,953,480
TOTAL SHAREHOLDERS’ EQUITY		58,025,020		1,492,778			7,960,518					67,478,316

(*) The references are related to the explanations included in Note 3.5.

(**) The adjustments are related to the deconsolidation of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Consolidated Balance Sheet	Prior Accounting Framework 01.01.17		Reclassifications			Adjustments			References(*)		IFRS 01.01.17
ASSETS
Cash and Due from Banks		112,701,996		9,195,966			(713,983	)		(**)		121,183,979
Debt Securities		25,244,436		(25,244,436	)		—					—
Loans and Other Financing		253,261,822		(253,261,822	)		—					—
Other Financial Assets		33,494,417		(33,494,417	)		—					—
Receivables from Financial Leases		1,760,275		(1,760,275	)		—					—
Equity Investments in Associates and Joint Ventures		97,589		(55,935	)		245,148			(b)		286,802
Miscellaneous Receivables		6,338,591		(6,338,591	)		—					—
Property, Plant and Equipment		5,294,669		1,856,493			9,197,198			(c)		16,348,360
Miscellaneous Assets		2,250,193		(2,250,193	)		—					—
Intangible Assets		4,757,939		(2,160,844	)		(936,302	)		(d)		1,660,793
Unallocated Items		164,052		(164,052	)		—					—
Other Assets		993,393		(993,393	)		—					—
Debt Securities at fair value through Profit or Loss		—		26,885,062			1,932,682			(e)		28,817,744
Derivative Financial Instruments		—		228,955			481			(f)		229,436
Repo Transactions		—		—			—					—
Other Financial Assets		—		7,385,466			(665,885	)		(g)		6,719,581
Loans and Other Financing		—		255,623,225			(9,919,804	)		(h)		245,703,421
Other Debt Securities		—		3,266,584			(82,732	)		(i)		3,183,852
Financial Assets Pledged as Collateral		—		10,459,071			(363,478	)		(k)		10,095,593
Current Income Tax Assets		—		418,206			(183,275	)		(**)		234,931
Investment in Equity Instruments		—		56,036			131,099			(j)		187,135
Deferred Income Tax Assets		—		1,160,815			(125,555	)		(q)		1,035,260
Assets for Insurance Contracts		—		988,723			—					988,723
Other Non-financial Assets		—		3,593,168			(573,500	)		(l)		3,019,668
Non-current Assets Held for Sale		—		8,733,814			2,185,302			(m)		10,919,116
TOTAL ASSETS		446,359,372		4,127,626			127,396					450,614,394

(*) The references are related to the explanations included in Note 3.5.

(**) The adjustments are related to the deconsolidation of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Consolidated Balance Sheet	Prior Accounting Framework 01.01.17		Reclassifications			Adjustments			References(*)		IFRS 01.01.17
LIABILITIES
Deposits		279,493,299		5,962			(2,421,699	)		(**)		277,077,562
Other Liabilities Resulting from Financial Brokerage		106,487,811		(106,487,811	)		—					—
Miscellaneous Liabilities		10,694,695		(10,694,695	)		—					—
Provisions		708,432		—			781			(n)		709,213
Subordinated Debt Securities		7,490,444		—			—					7,490,444
Unallocated Items		129,955		(129,955	)		—					—
Non-controlling Interest		2,694,159		(2,675,170	)		(18,989	)				—
Other Liabilities		1,159,669		(1,159,669	)		—			(s)		—
Liabilities at fair value through Profit or Loss		—		—			—					—
Derivative Financial Instruments		—		440,618			(150,234	)		(f)		290,384
Repo Transactions		—		3,284,482			(254,009	)		(**)		3,030,473
Other Financial Liabilities		—		57,594,377			(499,601	)		(o)		57,094,776
Loans from the Argentine Central Bank and Other Financial Institutions		—		13,779,829			(1,062,684	)		(p)		12,717,145
Debt Securities		—		23,976,836			(2,128,376	)		(**)		21,848,460
Current Income Tax Liabilities		—		3,648,743			(489,400	)		(**)		3,159,343
Deferred Income Tax Liabilities		—		24,541			1,819,056			(q)		1,843,597
Liabilities for Insurance Contracts		—		1,157,101			(2,939	)		(s)		1,154,162
Other Non-financial Liabilities		—		18,687,269			(161,312	)		(r)		18,525,957
TOTAL LIABILITIES		408,858,464		1,452,458			(5,369,406	)				404,941,516
SHAREHOLDERS’ EQUITY												—
Capital Stock, Adjustments and Reserves		26,412,657		—			14,561,204					40,973,861
Retained Income		11,088,251		—			(9,632,425	)				1,455,826
Other Accumulated Comprehensive Income		—		—			523,621					523,621
Net Income for the Year		—		—			—					—
Shareholders’ Equity Attributable to owners of the Parent		37,500,908		—			5,452,400					42,953,308
Shareholders’ Equity Attributable to Non-controlling Interests		—		2,675,168			44,402					2,719,570
TOTAL SHAREHOLDERS’ EQUITY		37,500,908		2,675,168			5,496,802					45,672,878

(*) The references are related to the explanations included in Note 3.5.

(**) The adjustments are related to the deconsolidation of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Consolidated Income Statement	Prior Accounting Framework 12.31.17			Reclassifications			Adjustments			IFRS 12.31.17
Financial Income		66,765,368			(66,765,368	)		—			—
Financial Expenses		(30,038,123	)		30,038,123			—			—
Loan and other Receivables Loss Provisions		(7,684,942	)		(18,664	)		409,750			(7,293,856	)
Fee Income		31,157,030			(31,157,030	)		—			—
Fee-related Expenses		(9,785,476	)		9,785,476			—			—
Administrative Expenses		(33,945,130	)		18,221,381			1,300,192			(14,423,557	)
Income (Loss) from Insurance Business		3,126,248			(90,404	)		279,068			3,314,912
Non-controlling Interest		(924,564	)		924,558			6			—
Miscellaneous Income		2,391,176			(2,391,176	)		—			—
Miscellaneous Losses		(1,447,703	)		1,439,371			8,332			—
Interest Income		—			56,563,258			(1,869,536	)		54,693,722
Interest-related Expenses		—			(24,268,734	)		(550,953	)		(24,819,687	)
Fee Income		—			11,655,852			13,742,609			25,398,461
Fee-related Expenses		—			(3,743,746	)		490,911			(3,252,835	)
Net Income from Financial Instruments Measured at Fair Value through Profit or Loss		—			7,180,403			1,280,935			8,461,338
Gold and Foreign Currency Quotation Differences		—			3,161,203			317,658			3,478,861
Other Operating Income		—			21,442,293			(12,445,661	)		8,996,632
Personnel Expenses		—			(16,672,435	)		(416,237	)		(17,088,672	)
Depreciation and Impairment of Assets		—			(1,554,602	)		115,162			(1,439,440	)
Loss on Net Monetary Position		—			—			(6,823,296	)		(6,823,296	)
Other Operating Expenses		—			(13,129,147	)		(1,476,079	)		(14,605,226	)
Share of profit from Associates and Joint Ventures		—			291,445			29,737			321,182
Income Tax from Continuing Operations		(7,315,790	)		32,824			(36,061	)		(7,319,027	)
Income from Discontinued Operations		—			—			—			—
Income Tax from Discontinued Operations		—			—			(321,760	)		(321,760	)
Net Income		12,298,094			944,881			(5,965,223	)		7,277,752
Other Comprehensive Income (Loss)		—			—			(434,732	)		(434,732	)
Total Comprehensive Income (Loss)		—			—			(434,732	)		(434,732	)
Total Comprehensive Income Attributable to owners of the Parent		12,298,094			—			(5,939,238	)		6,358,856
Total Comprehensive Income (Loss) Attributable to Non-controlling Interests		—			944,881			(460,717	)		484,164

The significant adjustments to Cash Flows, as required by IFRS 1, paragraph 25 are as follows:

a. Under the prior accounting framework, Cash and Due from Banks and highly-liquid investments with original maturities of three months or less were considered to be Cash and Cash Equivalents. Under IFRS, Cash and Due from Banks, including foreign currency purchases and sales pending settlement with original maturities of three months or less, and highly-liquid investments with original maturities of three months or less are considered to be Cash and Cash Equivalents

b. Under the prior accounting framework, cash and cash equivalents of equity investments in Compañía Financiera Argentina S.A. (CFA) and Cobranzas y Servicios S.A. (CyS) were consolidated with those of the Group. Under IFRS, both companies are classified as Non-current Assets Held for Sale and, consequently, have not been consolidated.

The reconciliation of cash and cash equivalents is as follows:

	Prior Accounting Framework		Cash Flows from Discontinued Operations					IFRS
Cash and Cash Equivalents	12.31.17		Operations			Adjustments		12.31.17
Cash and Due from Banks		56,659,196		(321,544	)		30,707,229		87,044,881
Argentine Central Bank Bills and Notes Maturing within up to 90 days		16,910,667		—			8,071,099		24,981,766
Receivables from Reverse Repo Transactions		9,654,517		—			4,599,952		14,254,469
Local Interbank Loans		365,000		570,000			445,486		1,380,486
Overnight Placements in Banks Abroad		269,278		—			157,404		426,682
Other Cash and cash equivalents		2,458,791		—			1,411,141		3,869,932
Total		86,317,449		248,456			45,392,311		131,958,216

	Prior Accounting Framework		Cash Flows from Discontinued Operations					IFRS
Cash and Cash Equivalents	01.01.17		Operations			Adjustments		01.01.17
Cash and Due from Banks		90,309,271		(580,607	)		31,455,315		121,183,979
Argentine Central Bank Bills and Notes Maturing within up to 90 days		9,797,693		—			2,922,565		12,720,258
Receivables from Reverse Repo Transactions		1,273,148		—			315,684		1,588,832
Local Interbank Loans		1,811,761		—			454,493		2,266,254
Overnight Placements in Banks Abroad		4,718,842		—			1,159,788		5,878,630
Total		107,910,715		(580,607	)		36,307,845		143,637,953

c. Under the prior accounting framework, cash flows from Intangible Assets, Dividend Income from Investments in Associates and Cash Flows with the Argentine Central Bank were disclosed as cash flows provided by operating activities. Under IFRS, cash flows from Intangible Assets and Dividend Income from Investments in Subsidiaries and Associates are disclosed as cash flows provided by investing activities, while those from loans from the Argentine Central Bank are disclosed as cash flows provided by financing activities.

d. Cash flows from CFA and CyS, as mentioned in point b. above, have not been consolidated under IFRS.

The reconciliation of cash flows is as follows:

	Prior Accounting Framework			CFA + CyS Discontinued			Adjustments			Inflation effect			IFRS
Cash and Cash Equivalents	12.31.17			Operations			Adjustments			Inflation effect			12.31.17
Operating Activities (I)		(1,305,475	)		1,580,060			(3,172,810	)		(1,288,999	)		(4,187,224	)
Investing Activities (II)		(2,580,126	)		459,805			1,069,869			(592,368	)		(1,642,820	)
Financing Activities (III)		15,816,746			(987,404	)		(4,316,983	)		5,008,673			15,521,032
Effect of exchange rate changes on cash and cash equivalents		7,602,047			—			(9,490,347	)		(899,692	)		(2,787,992	)
Total		19,533,192			1,052,461			(15,910,271	)		2,227,614			6,902,996

(I) Operating Activities
Cash Flows According to Prior Accounting Framework as of 12.31.17	(1,305,475	)
Cash Flows from Discontinued Operations	1,580,060
Adjustments that Affect Cash Flows from Operating Activities	(4,528,664	)
Inflation effect	(1,288,999	)
Intangible Assets	2,317,755
Miscellaneous Assets	(818,745	)
Other Collections Related to Subsidiaries	153,563
Dividends from Associates	(296,719	)
Cash Flows According to IFRS as of 12.31.17	(4,187,224	)
(II) Investing Activities
Cash Flows According to Prior Accounting Framework as of 12.31.17	(2,580,126	)
Cash Flows from Discontinued Operations	459,805
Miscellaneous Assets	818,745
Dividends from Associates	296,719
Differences in the determination of Financing Activities	2,425,723
Other Collections Related to Subsidiaries	(153,563	)
Inflation effect	(592,368	)
Intangible Assets	(2,317,755	)
Cash Flows According to IFRS as of 12.31.17	(1,642,820	)
(III) Financing Activities
Cash Flows According to Prior Accounting Framework as of 12.31.17	15,816,746
Cash Flows from Discontinued Operations	(987,404	)
Inflation effect	5,008,673
Differences in the determination of Financing Activities	(4,316,983	)
Cash Flows According to IFRS as of 12.31.17	15,521,032
Effect of Changes in the Exchange Rate
Cash Flows According to Prior Accounting Framework as of 12.31.17	7,602,047
Inflation effect	(899,692	)
Differences in the determination of Financing Activities	(9,490,347	)
Cash Flows According to IFRS as of 12.31.17	(2,787,992	)

3.2. OPTIONAL EXEMPTIONS TO IFRS

IFRS 1 allows entities that adopt IFRS for the first time to consider certain one-time exemptions. Such exemptions have been established by the IASB to make the first application of certain IFRS simpler, eliminating the mandatory nature of their retrospective application.

Below are the optional exemptions applicable to the Group under IFRS 1:

1. Deemed Cost of Property, Plant and Equipment: The fair value of certain items of property, plant and equipment has been adopted as deemed cost as of the date of transition to IFRS.

The accumulated fair value totaled $6,880,487 and the adjustment to the carrying amount presented according to the prior accounting framework amounted to $4,832,716, out of which $4,475,869 was recorded under “Property, Plant and Equipment” and $356,847 under “Other Non-financial Assets”.

2. Business Combinations: The Group has opted for not applying IFRS 3 “Business Combinations” retrospectively for business combinations prior to the date of transition to IFRS.

3. Assets and Liabilities of Subsidiaries, Associates and Joint Ventures: The Group has adopted IFRS for the first time after its subsidiary Tarjetas Regionales S.A. and its related subsidiaries. Consequently, it has measured the assets and liabilities of such subsidiaries in its consolidated financial statements for the same carrying amounts disclosed in their financial statements.

The Group has not made use of other exemptions available in IFRS 1.

3.3. MANDATORY EXCEPTIONS TO IFRS

Below are the mandatory exceptions applicable to the Group under IFRS 1:

1. Estimates: The estimates made by the Group under to IFRS as of January 1, 2017 (date of transition to IFRS) are consistent with the estimates made as of the same date according to the prior accounting framework.

2. Derecognition of financial assets and liabilities: The Group applied the derecognition criteria of financial assets and liabilities under IFRS 9 prospectively for transactions occurred after January 1, 2017.

3. Classification and measurement of financial assets: The Group has considered the facts and circumstances at the date of transition to IFRS (January 1, 2017) to assess the classification of financial assets in the three measurement categories established by IFRS 9.

4. Impairment of financial assets: At the date of transition to IFRSs, the Group used reasonable and supportable information that was available without undue cost or effort to determine the credit risk at the date that financial instruments were initially recognised (or for loan commitments and financial guarantee contracts the date that the entity became a party to the irrevocable commitment) and compare that to the credit risk at the date of transition to IFRSs. If, at the date of transition to IFRSs, determining whether there has been a significant increase in credit risk since the initial recognition of a financial instrument required undue cost or effort, the Group recognised a loss allowance at an amount equal to lifetime expected credit losses until that financial instrument is derecognised.

5. Other mandatory exceptions established by IFRS 1 that have not been applied because of not being material to the Group are:

• Hedge accounting.

• Non-controlling interests

• Embedded derivatives

• Government loans

The other exceptions established by IFRS 1 have not been applied because of not being material to the Group.

3.4.    RECLASSIFICATIONS

The items recognized under the prior accounting framework, which were reclassified according to IFRS and as detailed in point 3.1., are described below.

3.4.1.     Assets

Spot Purchases and Sales Pending Settlement: According to prior accounting framework, these transactions were recorded as “Other Receivables Resulting from Financial Brokerage” and “Other Liabilities Resulting from Financial Brokerage”, respectively. Upon adopting the trade-date accounting, a spot purchase transaction pending settlement will imply recording the security to be received in the respective account, with the applicable measurement criterion, while the spot sale pending settlement will imply the derecognition of the security. The currency transactions pending settlement have been reclassified as cash equivalents and those related to securities have been included in the respective holdings.

Reverse Repo Transactions: Under the prior accounting framework, the security was recognized in the holding and the obligation to deliver it at the end of the transaction in “Other Liabilities Resulting from Financial Brokerage”. The loan granted was recorded in “Other Receivables Resulting from Financial Brokerage”. Under IFRS, the financial assets acquired through reverse repo transactions for which the risks and rewards have not been transferred shall be recognized as a loan granted with securities offered as collateral. Therefore, the securities were derecognized.

Leasehold Improvements: According to the prior accounting framework, they were disclosed under “Intangible Assets”. According to IFRS, they are part of “Property, Plant and Equipment”.

Equity Investments: In Prisma Medios de Pago S.A.’s Ordinary and Extraordinary Shareholders’ Meeting held on August 31, 2017, the shareholders decided to transfer all of the shares held in the investee (see Note 55). Therefore, according to IFRS 5 is the investment was reclassified to “Non-current Assets Held for Sale” and measured at the lower of the carrying amount and fair value less costs to sell at closing. Such reclassification was made as of December 31, 2017.

Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. were disposed of on February 2, 2018 (see Note 23). Under the prior accounting framework they were disclosed under “Equity Investments”. Under IFRS they were reclassified to “Non-current Assets Held for Sale” and measured at the lower of the carrying amount and fair value less cost to sell.

Repurchase of Debt Securities: Repurchased debt securities were included within the debt investment portfolio under the prior accounting framework. Under IFRS an issuer’s repurchase of its own debt is considered a settlement of the related obligation.

Repurchase of Non-controlling Interests: As of December 31, 2017, a financial liability has been recognized for the purchase of a 6% interest in Tarjetas Regionales S.A. IFRS 32, paragraph 23, sets forth that a commitment to buy own shares is to be accounted for as a financial liability for the present value of the redemption price. The liability is recognized with its corresponding offsetting entry in equity, for the risks and rewards associated with the shares are retained by the non-controlling shareholders until the actual transfer of such shares. The transaction totaled $1,364,452 and the amount recognized against other shareholders’ equity reserves was $593,980.

3.4.2.    Income Statement

Fees on Origination of Loans and Lending Expenses: According to the prior accounting framework, structuring fees were disclosed under “Fee Income” and lending expenses under “Fee-related Expenses”. According to IFRS 9, such fees are part of the cash flows taken into account to determine the IRR on loans.

3.5.    ADJUSTMENTS AS OF THE DATE OF TRANSITION

(a) According to the prior accounting framework, structuring fees were disclosed under “Fee Income” and lending expenses under “Fee-related Expenses”. According to IFRS 9, such fees are part of the cash flows taken into account to determine the IRR on loans.

(b) Equity Investments in Associates and Joint Ventures: Upon applying the equity method, the Group has used the associates’ financial statements. The shareholders’ equity arising from the financial statements have been adjusted to reflect the adoption of IFRS in those entities.

	12.31.17		01.01.17
Prisma Medios de Pago S.A.		—		245,250
Ondara S.A.		—		(102	)
Total		—		245,148

(c) Property, Plant and Equipment: The fair value of certain items of property, plant and equipment has been adopted as deemed cost as of the date of transition to IFRS, as described in 3.2, net of the related impact on accumulated depreciation.

(d) Intangible Assets: The prior accounting framework allowed the recognition of intangible assets items such as organization and reorganization expenses and other items. Under IFRS such assets have been derecognized and the amortization generated under the prior accounting framework has been reversed.

(e) Financial instruments at fair value through profit or loss: The prior accounting framework established that government and private securities included in the list of volatilities periodically published by the Argentine Central Bank should be measured at fair value. The securities not included in those lists were measured at acquisition cost plus the IRR.

The adjustment disclosed is the result of measuring at fair value through profit or loss the securities classified in that business model.

The Group has classified the following financial assets into this category: Holdings in government and private securities, in instruments issued by the Argentine Central Bank, in debt securities and certain investments in debt securities issued by financial trusts.

(f) Derivative Financial Instruments: The adjustment is that resulting from applying the techniques specified in Notes 1.10 and 8 to the Group’s option portfolio.

(g) Other Financial Assets: The adjustment is related to the consolidation of the financial assets under IFRS of Financial Trust Galtrust I and Financial Trust Saturno Créditos, which did not qualify as controlled entities under the prior accounting framework.

	12.31.17			01.01.17
Premiums for Financial Guarantee Contracts		241,350			248,044
CyS Deconsolidation		(13,005	)		—
Consolidation of Financial Trusts that Were Not Subject to Consolidation under the Prior Accounting Framework		(169,207	)		(913,929	)
Total		59,138			(665,885	)

(h) Loans and Other Financing: In accordance to the prior accounting framework, they were recorded at their acquisition cost plus interest accrued based on the contractual rate. In compliance with the provisions set out in IFRS 9, they are measured at amortized cost.

(i) Other Debt Securities: As described in the preceding paragraph, the adjustment relates to debt securities of financial trusts which have been measured at amortized cost, based on the business model assessment types of cash flows.

The Financial Trust Galtrust I has measured its holding of government securities at fair value through OCI in accordance with IFRS, based on the business model assessments and the instrument’s cash flow characteristics (SPPI).

(j) Investments in Equity Instruments: Under the IFRS, investments in equity instruments measured at cost under the prior accounting framework were reclassified to “Listed Private Securities” and measured at fair value through profit or loss.

	12.31.17		01.01.17
Banco Galicia’s Holdings		81,109		73,888
Galicia Valores S.A.’s Holdings		—		57,211
Total		81,109		131,099

(k) Financial Assets Pledged as Collateral: The adjustment arises from the measurement at fair value with changes in profit or loss of monetary regulation instruments offered as collateral. Under the prior accounting framework, these assets were measured at cost plus IRR.

(l) Other Non-financial Assets: The adjustment corresponds to: (i) derecognition of systems licenses, the capitalization of which is not allowed under IFRS, and (ii) the adoption of fair value as deemed cost for miscellaneous assets.

	12.31.17			01.01.17
Derecognition of Advances for Systems Purchased		(659,590	)		(955,579	)
Miscellaneous Assets		278,561			382,079
Total		(381,029	)		(573,500	)

(m) Non-current Assets Held for Sale: Under the prior accounting framework the investments in Prima Medios de Pago S.A. was measured at cost, however under IFRS the investment constitutes an associate under IAS 28. As a consequence, the adjustment corresponds to the application of the equity method prior to its reclassification as “Non-current Assets Held for Sale”, as described in Note 3.5.

(n) Provisions: Relates to the adjustment for the measurement of the liability in accordance with the likelihood criteria of IAS 37 (“more likely than not”) for contingencies related to labor and commercial legal actions.

(o) Other Financial Liabilities: The adjustment relates to the measurement of guarantees granted, according to paragraph 4.2.1 c) of IFRS 9, which did not require balance sheet disclosure under the prior accounting framework.

(p) Loans from the Argentine Central Bank and Other Financial Institutions: Relates to the measurement at amortized cost, of the loans received, in accordance with IFRS. Under the prior accounting framework, interest was accrued applying the contractual rate.

(q) Deferred Income Tax Assets and Liabilities: The deferred tax is recognized in accordance with the liability method, the temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and is determined using tax rates (and laws) enacted or substantially enacted as of the balance sheet date and expected to be applicable when the related deferred tax assets are realized or the deferred tax liabilities are settled.

By applying the prior accounting framework, Banco Galicia only recognized the current tax for the fiscal year.

(r) Other Non-financial Liabilities: Relates to the deferred income for the Quiero! Customer loyalty program. Under the prior accounting framework the loyalty program was measured on the basis of the cost of granted points. Under IFRS, consideration is allocated based on the relative standalone selling prices for services rendered and points granted, which are accounted for at the fair value of the points and are accumulated based on the redemption rate, until such time as points are redeemed by costumers.

(s) Liabilities Recognized by Insurance Companies: Under IFRS, an insurance company will evaluate, at the end of the period reported, the adjustment of insurance liabilities that have been recognized, using the current estimates of future cash flows from insurance contracts. If the evaluation shows that the carrying amount of its liabilities for insurance contracts (less deferred acquisition costs and related intangible assets) is not adequate, considering the estimated future cash flows, the total amount of the inadequacy will be recognized in profit or loss. Under the prior accounting framework, the accounting policies followed by the insurance company do not require performing an adequacy test of liabilities. According to IFRS 4, in this case, the insurance company shall determine the adjustment of the carrying amount recorded according to the guidelines set out in IAS 37.

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Financial Instruments

12 Months Ended

Dec. 31, 2018

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Financial Instruments

NOTE 4. FINANCIAL INSTRUMENTS

Schedule P “Categories of Financial Assets and Liabilities” discloses the measurement categories to which the consolidated balance sheet items and the fair value hierarchies relate.

As of the indicated dates, the Group maintains the following portfolios of financial instruments:

Instruments Portfolio as of 12.31.2018	Fair Value through Profit or Loss		Amortized Cost		Fair Value through OCI
Assets
Argentine Central Bank’s Bills and Notes		70,097,764		—		—
Government Securities		4,699,806		—		—
Private Securities		1,137,593		—		—
Derivative Financial Instruments		1,785,640		—		—
Repo Transactions		—		2,068,076		—
Other Financial Assets		4,303,431		4,744,501		—
Loans and Other Financing		—		282,710,068		—
Other Debt Securities		—		5,312,035		9,112,099
Financial Assets Pledged as Collateral		3,459,712		7,357,780		—
Equity Instruments		161,054		—		—
Liabilities
Deposits		—		360,097,275		—
Liabilities at fair value through profit or loss		2,144,664		—		—
Derivative Financial Instruments		1,835,789		—		—
Repo Transactions		—		1,948,559		—
Other Financial Liabilities		—		63,235,042		—
Loans from the Argentine Central Bank and Other Financial Institutions		—		19,446,028		—
Debt Securities		—		29,983,653		—
Subordinated Debt Securities		—		9,767,874		—
Instruments Portfolio as of 12.31.2017	Fair Value through Profit or Loss		Amortized Cost		Fair Value through OCI
Assets
Argentine Central Bank’s Bills and Notes		26,367,677		—		—
Government Securities		13,923,160		—		—
Private Securities		2,456,960		—		—
Derivative Financial Instruments		775,674		—		—
Repo Transactions		—		14,286,336		—
Other Financial Assets		4,573,809		5,765,447		—
Loans and Other Financing		—		284,354,759		—
Other Debt Securities		—		4,040,087		142,450
Financial Assets Pledged as Collateral		2,249,914		7,096,874		—
Equity Instruments		111,923		—		—
Liabilities
Deposits		—		296,367,356		—
Derivative Financial Instruments		846,331		—		—
Repo Transactions		—		1,670,059		—
Other Financial Liabilities		—		55,350,799		—
Loans from the Argentine Central Bank and Other Financial Institutions		—		11,618,302		—
Debt Securities		—		20,279,165		—
Subordinated Debt Securities		—		7,128,356		—

Instruments Portfolio as of 01.01.17	Fair Value through Profit or Loss		Amortized Cost		Fair Value through OCI
Assets
Argentine Central Bank’s Bills and Notes		16,158,217		—		—
Government Securities		9,659,559		—		—
Private Securities		2,999,968		—		—
Derivative Financial Instruments		229,436		—		—
Other Financial Assets		4,616,737		2,102,844		—
Loans and Other Financing		—		245,703,421		—
Other Debt Securities		—		2,253,595		930,257
Financial Assets Pledged as Collateral		4,205,704		5,889,889		—
Equity Instruments		187,135		—		—
Liabilities
Deposits		—		277,077,562		—
Derivative Financial Instruments		290,384		—		—
Repo Transactions		—		3,030,473		—
Other Financial Liabilities		—		57,094,776		—
Loans from the Argentine Central Bank and Other Financial Institutions		—		12,717,145		—
Debt Securities		—		21,848,460		—
Subordinated Debt Securities		—		7,490,444		—

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Fair Values

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Fair Values

NOTE 5. FAIR VALUES

The Group classifies the fair values of financial instruments in three levels, according to the reliability of the inputs used to determine them.

Fair Value Level 1: The fair value of financial instruments traded in active markets (such as, publicly-traded derivatives, debt securities or available for sale) is based on the quoted prices of markets (unadjusted) as of the date of the reporting period. If the quote price is available and there is an active market for the instrument, it will be included in Level 1. Otherwise, it will be included in Level 2.

Fair Value Level 2: The fair value of financial instruments that are not traded in active markets, for example, over-the-counter derivatives, is determined using valuation techniques that maximize the use of observable market data and rely as little as possible on the Group’s specific estimates. If all the significant inputs required to fair value and instrument are observable, the instrument is included in Level 2. If the inputs used to determine the price are not observable and significant, the instrument will be included in Level 3.

Fair Value Level 3: If one or more significant inputs are not based on observable market data, the instrument is included in Level 3. This is the case of unlisted equity instruments.

That is to say, when observable market prices are no longer available, the instrument will be transferred into Level 3. Only when an instrument has an observable listed price in the market, it will return to Level 1 and will keep that Level while it continues to be quoted. This is known as transfer among levels.

Valuation Techniques

Valuation techniques to determine fair values include:

• Market or quoted prices for similar instruments.

• Determining the estimated present value of instruments.

The valuation technique to determine the fair value Level 2 is based on inputs other than the quoted price included in Level 1 that are readily observable for the asset or liability (i.e., prices). For those instruments for which there is no secondary market and, if positions should be disposed of, the Group should sell to the Argentine Central Bank at the originally agreed-upon rate, as established by the Regulator, the price has been determinated based on such rate accrual.

The valuation technique to determine the fair value of Level 3 financial instruments is based on a method that compares the existing spread between the curve of sovereign bonds and the average yield of primary offerings, for different segments, according to the different risk ratings. If there are no representative primary offerings during the month, the following alternatives will be used:

(i) Secondary market prices of securities under the same conditions, which have been quoted in the month of evaluation;

(ii) prior-month bidding and/or secondary market prices, and will be taken depending on how representative they are;

(iii) prior month spread applied to the sovereign curve;

(iv) a specific margin is applied, determined based on comparable instruments historical return.

As stated above, the rates and spreads to be used to discount future cash flows and originate the price of the instrument are determined.

All the changes to valuation methods are previously discussed and approved by the Group’s key personnel.

The Group’s financial instruments measured at fair value at fiscal year-end are as follows:

Instruments Portfolio as of 12.31.18	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3
Assets
Argentine Central Bank’s Bills and Notes		—		70,097,764		—
Government Securities		2,952,344		1,278,048		469,414
Private Securities		308,755		36,270		792,568
Derivative Financial Instruments		—		1,785,640		—
Other Financial Assets		4,264,431		39,000		—
Other Debt Securities (*)		9,112,099		—		—
Financial Assets Pledged as Collateral		3,184,346		275,366		—
Equity Instruments		26,795		—		134,259
Liabilities
Liabilities at fair value through profit or loss		1,366,785		777,879		—
Derivative Financial Instruments		—		1,835,789		—
Total		18,481,985		70,898,420		1,396,241

(*) It relates to Secured Bonds issued by Argentina measured at fair value with changes in OCI.

Instruments Portfolio as of 12.31.17	Fair Value Level 1		Fair Value Level 2			Fair Value Level 3
Assets
Argentine Central Bank’s Bills and Notes		26,367,677		—			—
Government Securities		13,679,229		—			243,931
Private Securities		1,009,000		5,906			1,442,054
Derivative Financial Instruments		—		775,674			—
Other Financial Assets		4,516,227		57,582			—
Other Debt Securities (*)		142,450		—			—
Financial Assets Pledged as Collateral		2,249,914		—			—
Equity Instruments		28,233		—			83,690
Liabilities
Liabilities at fair value through profit or loss		—		—			—
Derivative Financial Instruments		—		846,331			—
Total		47,992,730		(7,169	)		1,769,675

(*) It relates to Secured Bonds issued by Argentina measured at fair value with changes in OCI.

Instruments Portfolio as of 01.01.17	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3
Assets
Argentine Central Bank’s Bills and Notes		16,158,217		—		—
Government Securities		7,110,319		1,972,400		576,840
Private Securities		778,214		10,541		2,211,213
Derivative Financial Instruments		—		229,436		—
Other Debt Securities (*)		930,257		—		—
Other Financial Assets		4,544,877		71,860		—
Financial Assets Pledged as Collateral		4,205,704		—		—
Equity Instruments		93,727		—		93,408
Liabilities
Liabilities at fair value through profit or loss		—		—		—
Derivative Financial Instruments		—		290,384		—
Total		33,821,315		1,993,853		2,881,461

(*) It relates to Secured Bonds issued by Argentina measured at fair value with changes in OCI.

Changes in instruments included in fair value Level 3 are as follows:

Level 3	12.31.17		Transfers(*)			Purchases		Sales			Income (Loss)		Inflation Effect			12.31.18
Government Securities		243,931		1,255,553			10,382,946		(11,115,519	)		149,564		(447,061	)		469,414
Private Securities		1,442,054		389,298			6,352,483		(7,084,950	)		372,340		(678,657	)		792,568
Equity Instruments		83,690		—			—		—			86,938		(36,369	)		134,259
Total		1,769,675		1,644,851			16,735,429		(18,200,469	)		608,842		(1,162,087	)		1,396,241
(*)   They include the movements of levels of financial instruments classified as fair value Level 3, as described above.
Level 3	01.01.17.		Transfers(*)			Purchases		Sales			Income (Loss)		Inflation Effect			12.31.17
Government Securities		576,840		(234,067	)		450,486		(504,713	)		46,969		(91,584	)		243,931
Private Securities		2,211,213		(434,784	)		2,626,022		(2,789,653	)		233,810		(404,554	)		1,442,054
Equity Instruments		93,408		—			—		—			9,776		(19,494	)		83,690
Total		2,881,461		(668,851	)		3,076,508		(3,294,366	)		290,555		(515,632	)		1,769,675

(*) They include the movements of levels of financial instruments classified as fair value Level 3, as described above.

The Group’s policy is to recognize transfers among fair value levels only as of year-end dates. They resulted from the transfer to Level 3 of the instruments that no longer have observable inputs as of the year-end the movement to Level 1 of the instruments that have observable quoted prices.

The Group included below the fair value of the instruments not carried at fair value as of the year-end.

Assets/(Liabilities) Accounts	Carrying Amount		Fair Value		Fair Value Level 1		Fair Value Level 2		Fair Value Level 3
Assets
Cash and Due from Banks		143,309,428		143,309,428		143,309,428		—		—
Loans and Other Financing		282,710,068		289,581,428		—		—		289,581,428
Other Financial Assets		9,047,932		9,047,932		9,047,932		—		—
Other Debt Securities		14,424,134		14,631,751		763,126		—		13,868,625
Repo Transactions		2,068,076		2,068,076		2,068,076		—		—
Financial Assets Pledged as Collateral		10,817,492		10,817,492		10,817,492		—		—
Liabilities
Deposits		360,097,275		359,875,025		—		—		359,875,025
Loans from the Argentine Central Bank and Other Financial Institutions		19,446,028		17,689,372		—		—		17,689,372
Debt Securities		29,983,653		29,269,086		29,269,086		—		—
Subordinated Debt Securities		9,767,874		8,513,061		—		—		8,513,061
Repo Transactions		1,948,559		1,944,965		—		—		1,944,965
Other Financial Liabilities		63,235,042		63,235,113		—		—		63,235,113

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Cash and Cash Equivalents

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Cash and Cash Equivalents

NOTE 6. CASH AND CASH EQUIVALENTS

Cash equivalents are held to meet short-term payment commitments, rather than for investment or similar purposes. In order for a financial asset to be classified as cash equivalents, it should be readily convertible into a certain amount of cash and its risk of changes in value should be immaterial. Accordingly, an investment with original maturity of three months or less is classified as cash equivalent. Equity interests are excluded from cash equivalents.

Cash and cash equivalents break down as follows:

	12.31.18		12.31.17		01.01.17
Cash and Due from Banks		143,309,428		87,044,881		121,183,979
Argentine Central Bank’s Bills and Notes Maturing within up to 90 Days		70,117,158		24,981,766		12,720,258
Receivables from Reverse Repo Transactions		2,057,558		14,254,469		—
Local Interbank Loans		938,000		1,380,486		1,588,832
Overnight Placements in Banks Abroad		5,300,681		426,682		2,266,254
Mutual Funds		3,859,629		3,578,916		4,040,608
Time Deposits		285,999		291,016		7,084
Government Securities		—		—		1,830,938
Total Cash and Cash Equivalents		225,868,453		131,958,216		143,637,953

The analysis of risk of “Cash and Cash Equivalents” is disclosed in Note 46. Related-party information is disclosed in Note 52.

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Fair Value Debt Securities at Fair Value through Profit or Loss

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Fair Value Debt Securities at Fair Value through Profit or Loss

NOTE 7. FAIR VALUE DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS

The Group’s fair value debt securities through Profit or Loss are detailed in Schedule A.

The credit quality of debt securities is disclosed in Note 46.

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Derivative Financial Instruments

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Derivative Financial Instruments

NOTE 8. DERIVATIVE FINANCIAL INSTRUMENTS

FORWARD PURCHASE-SALE OF FOREIGN CURRENCY WITHOUT DELIVERY OF THE UNDERLYING ASSET

Mercado Abierto Electrónico (MAE) and Rosario Futures Exchange (ROFEX) have trading environments for the closing, recording and settlement of financial forward transactions carried out among its agents, being Banco Galicia one of them. The general settlement mode for these transactions is without delivery of the traded underlying asset. Settlement is carried out on a daily basis, in Pesos, for the difference, if any, between the closing price of the underlying asset and the closing price or value of the underlying asset corresponding to the previous day, the difference in price being charged to income.

The transactions are recorded in Off-Balance Sheet Items for the notional value traded. The accrued balances pending settlement are disclosed in the “Derivative Financial Instruments” line of Assets and/or Liabilities, as the case may be.

INTEREST RATE SWAPS

These transactions are conducted within the environment created by the MAE, and the settlement thereof is carried out on a daily or monthly basis, in Pesos, for the difference between the cash flows calculated using a variable rate (Badlar for private banks for time deposits of 30 to 35 days) and the cash flows calculated using a fixed rate, or vice versa, on the notional value agreed, the difference in price being charged to income.

CROSS CURRENCY SWAPS

These swap transactions in pesos and US Dollars relate to an exchange of a periodic flow of principal and interest. They are settled for the difference and it is a bilateral transaction with a counterparty abroad.

Both the interest rate swap and cross currency swaps are recorded in “Off-Balance Sheet Items” for the notional value traded. The accrued balances pending settlement are disclosed in the “Derivative Instruments” line of Assets and/or Liabilities, as the case may be.

WRITTEN AND PURCHASED CALL OPTIONS ON DOLLAR GOLD FUTURES WITHOUT DELIVERY OF THE UNDERLYING ASSET

These transactions have been conducted with the purpose of hedging the variable yield of the deposits received by Banco Galicia and set forth by the Argentine Central Bank.

The contract date, the term to exercise the option and the underlying asset are the same as those for the related deposit. Notional amounts have been computed so that the offset value of derivative financial instruments is similar to the variable yield of the investment. Changes in the value of the underlying asset at the time of the arrangement and at fiscal year-end, equivalent to the variable yield, have been recognized in income and are recorded under “Derivative Financial Instruments” line of Assets and/or Liabilities, as appropriate. Premiums received and/or paid have been accrued on a straight-line basis during the contract term.

WRITTEN AND PURCHASED DOLLAR FUTURES WITHOUT DELIVERY OF THE UNDERLYING ASSET

These transactions have been traded on ROFEX. Derivatives are accrued for at fair value. Premiums received are part of the fair value calculation.

The amounts of transactions conducted as of the indicated dates are as follows:

	Underlying Asset	Type of Settlement	12.31.18(*)		12.31.17(*)		01.01.17(*)
Forward Purchase – Sale of Foreign Currency
Purchases	Foreign currency	Daily difference		38,861,567		30,145,543		27,648,329
Sales	Foreign currency	Daily difference		32,277,374		28,042,761		—
Purchases by Customers	Foreign currency	Daily difference		3,673,954		583,221		396,281
Sales by Customers	Foreign currency	Daily difference		10,156,620		5,472,881		2,202,703
Interest Rate Swaps
Swaps	Others	Other		460,242		1,476		138,192
Cross Currency Swaps	Others	Other		1,561		—		—
Repo Transactions
Forward Purchases	Government Securities	With delivery of the underlying asset		1,965,824		1,672,194		3,032,245
Forward Sales	Government Securities	With delivery of the underlying asset		2,061,516		15,678,531		—
Call Options Bought and Written on Futures
Call Options Written on Dollar	Dollar			—		—		18,794
Call Options Purchase on Gold	Gold			—		—		275,484
Call Options Written on Gold	Gold			—		—		303,032

(*) Notional values.

See Schedule O for further details.

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Repo Transactions

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Repo Transactions

NOTE 9. REPO TRANSACTIONS

As of the indicated dates, the Group maintains the following repo transactions:

	12.31.18		12.31.17		01.01.17
Receivables from Reverse Repo Transactions of Government Securities		2,057,558		14,254,469		—
Accrued Interest Payable on Reverse Repo Transactions		10,518		31,867		—
Total Reverse Repo Transactions		2,068,076		14,286,336		—
	12.31.18		12.31.17		01.01.17
Payables for Repo Transactions of Government Securities		1,943,805		1,666,386		3,026,218
Accrued Interest Payable on Repo Transactions		4,754		3,673		4,255
Total Repo Transactions		1,948,559		1,670,059		3,030,473

The Group carries out repo transactions in which it sales a security with the related forward purchase thereof, thus substantially retaining all the risks and rewards associated with the instruments and recognizing them in “Financial Assets Pledged as Collateral” at year-end, as the provisions set out in point 3.4.2 (Derecognition of Assets) of IFRS 9 “Financial Instruments”) are not met.

	12.31.18		12.31.17		01.01.17
Reverse Repo Transactions recorded as Off-Balance Sheet Items		2,061,516		15,678,531		—
Repo Transactions recorded in Financial Assets Pledged as Collateral		1,965,824		1,672,194		3,032,245

The residual values of assets transferred under repo transactions are disclosed in Note 8 and Schedule O.

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Other Financial Assets

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Other Financial Assets

NOTE 10. OTHER FINANCIAL ASSETS

As of the indicated dates, the balances of “Other Financial Assets” relate to:

	12.31.18		12.31.17		01.01.17
Debtors from Spot Sales of Foreign Currency Pending Settlement		1,947,184		3,550,645		5,918
Debtors from Spot Sales of Government Securities Pending Settlement		1,607,601		1,355,413		1,312,067
Sundry Debtors		810,757		441,191		447,246
Mutual Funds		4,264,431		4,516,228		4,544,877
Others		417,959		475,779		409,473
Total		9,047,932		10,339,256		6,719,581

Related-party information is disclosed in Note 52.

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Net Loans and Other Financing

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Net Loans and Other Financing

NOTE 11. NET LOANS AND OTHER FINANCING

“Net Loans and Other Financing” break down as follows as of the indicated dates:

	12.31.18			12.31.17			01.01.17
Non-financial Public Sector		11,777			8,532			26,457
Argentine Central Bank		533			3,604			5,318
Financial Institutions		7,942,382			6,938,664			5,106,758
Loans		7,942,382			6,938,664			5,106,758
Non-financial Private Sector and Residents Abroad		290,412,186			286,639,194			249,251,684
Loans		283,543,722			280,870,810			244,082,260
Overdrafts		14,430,578			16,680,960			18,501,897
Promissory Notes		36,020,263			52,455,181			46,613,651
Mortgage Loans		11,793,007			8,435,337			4,013,513
Collateralized Loans		997,958			1,591,432			1,249,027
Personal Loans		29,144,931			34,632,328			24,365,344
Credit Card Loans		113,395,362			125,176,057			129,153,045
Other Loans		74,793,302			44,962,639			23,313,178
Accrued Interest, Adjustments and Quotation Differences Receivable		5,388,298			335,344			(703,302	)
Documented Interest		(2,419,977	)		(3,398,468	)		(2,424,093	)
Financial Leases		2,198,047			2,475,878			1,731,448
Other Financing		4,670,417			3,292,506			3,437,976
Less: Allowances		(15,656,810	)		(9,235,235	)		(8,686,796	)
Total		282,710,068			284,354,759			245,703,421

Classification of “Loans and Other Financing” by status and collateral in Schedule B.

The concentration of “Net Loans and Other Financing” is detailed in Schedule C.

The breakdown by term of “Net Loans and Other Financing” is detailed in Schedule D.

The analysis of risk of “Loans and Other Financing” is disclosed in Note 46.

Related-party information is disclosed in Note 52.

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Other Debt Securities

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Other Debt Securities

NOTE 12. OTHER DEBT SECURITIES

The Group’s “Other Debt Securities” are detailed in Schedule A.

Changes in the “Allowances for Loan Losses” related to “Other Debt Securities” are detailed in Note 46.

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Financial Assets Pledged as Collateral

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Financial Assets Pledged as Collateral

NOTE 13. FINANCIAL ASSETS PLEDGED AS COLLATERAL

“Financial Assets Pledged as Collateral” valued according to their underlying asset for the fiscal years under analysis break down as follows:

	12.31.18		12.31.17		01.01.17
Deposits as Collateral		3,663,499		2,344,791		2,778,032
Special Escrow Accounts at the Argentine Central Bank		5,188,169		5,329,804		4,285,315
Forward Purchases of Monetary Regulation Instruments		53,736		1,660,746		3,032,246
Others		1,912,088		11,447		—
Total		10,817,492		9,346,788		10,095,593

Restricted assets are detailed in Note 54.2.

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Current Income Tax Assets

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Current Income Tax Assets

NOTE 14. CURRENT INCOME TAX ASSETS

As of the indicated dates, the balances of “Current Income Tax Assets” relate to:

	12.31.18		12.31.17			01.01.17
Tax Credits		94,918		134,740			216,396
Minimum Presumed Income Tax – Tax Credit Loss carryfoward		—		142			27,086
Less: Allowance for Impairment of Minimum Presumed Income Tax – Tax Credit		—		(142	)		(8,551	)
Total		94,918		134,740			234,931

Tax loss carryfoward expiration dates of Minimum Presumed Income Tax are as follows:

	Tax Loss Carryfoward as of
Date of Generation	12.31.18		12.31.17		01.01.17		Expiration Date
2006		—		—		273		2016
2007		—		77		588		2017
2008		—		12		669		2018
2009		—		10		1,074		2019
2010		—		13		3,002		2020
2011		—		6		2,686		2021
2012		—		6		3,158		2022
2013		—		4		3,466		2023
2014		—		4		4,249		2024
2015		—		3		6,718		2025
2016		—		4		1,203		2026
2017		—		3		—		2027
2018		—		—		—		2028
Total		—		142		27,086

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Investments In Equity Instruments

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Investments In Equity Instruments

NOTE 15. INVESTMENTS IN EQUITY INSTRUMENTS

The Group’s “Investments in Equity Instruments” are detailed in Schedule A.

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Equity Investments in Subsidiaries, Associates and Joint Ventures

12 Months Ended

Dec. 31, 2018

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Equity Investments in Subsidiaries, Associates and Joint Ventures

NOTE 16. EQUITY INVESTMENTS IN SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES

16.1.    Equity Investments in Subsidiaries

The basic information regarding Grupo Financiero Galicia’s consolidated subsidiaries is detailed as follows:

	Direct and Indirect Shareholding				Equity Investment %
Company	12.31.18		12.31.17		12.31.18		12.31.17
Banco de Galicia y Buenos Aires S.A.U.		668,549,353		795,973,974		100		100
Cobranzas Regionales S.A.		8,300		7,700		83		77
Galicia Administradora de Fondos S.A.		20,000		20,000		100		100
Galicia Broker Asesores de Seguros S.A.		71,310		71,310		99.99		99.99
Galicia Retiro Compañía de Seguros S.A.		7,727,271		7,727,271		99.99		99.99
Galicia Seguros S.A.		1,830,883		1,830,883		99.99		99.99
Galicia Valores S.A.		1,000,000		1,000,000		100		100
Galicia Warrants S.A.		1,000,000		1,000,000		100		100
Financial Trust Galtrust I		—		—		—		100
Financial Trust Saturno Créditos		—		—		100		100
Net Investment S.A. (in Liquidation)(*)		—		12,000		—		100
Ondara S.A.		13,636,990		12,709,967		83.85		78.15
Sudamericana Holding S.A.		185,653		185,653		100		100
Tarjeta Naranja S.A.		2,344		2,174		83		77
Tarjetas Regionales S.A.		894,552,668		829,886,212		83		77

(*) The final distribution was paid out on January 9, 2018.

The following are the balances of subsidiaries, according to IFRS as of the indicated dates:

	12.31.18
Company	Assets		Liabilities		Shareholders’ Equity		Net Income(*)
Banco de Galicia y Buenos Aires S.A.U.		517,877,929		468,725,396		49,152,533		(1,789,529	)
Cobranzas Regionales S.A.		110,115		67,750		42,365		6,887
Galicia Administradora de Fondos S.A.		674,108		229,514		444,594		385,151
Galicia Broker Asesores de Seguros S.A.(**)		26,475		13,382		13,093		25,056
Galicia Retiro Compañía de Seguros S.A.(**)		249,069		186,776		62,293		24,293
Galicia Seguros S.A.(**)		2,703,486		1,654,652		1,048,834		544,122
Galicia Valores S.A.		258,936		39,877		219,059		66,678
Galicia Warrants S.A.		442,502		226,880		215,622		114
Financial Trust Saturno Créditos		17,055		1,184		15,871		(2,586	)
Ondara S.A.		22,511		22		22,489		1,636
Sudamericana Holding S.A.(**)		3,307,403		1,955,028		1,352,375		249,358
Tarjeta Naranja S.A.		51,194,581		41,875,082		9,319,499		2,068,688
Tarjetas Regionales S.A.		52,713,479		42,579,675		10,133,804		(2,139,323	)

(*) Income attributable to the shareholder’s of the parent. Not including “Other Comprehensive Income”.

(**) Net income for the twelve-month period ended December 31, 2018.

	12.31.17
Company	Assets		Liabilities		Shareholders’ Equity		Net Income(*)
Banco de Galicia y Buenos Aires S.A.U.		480,374,665		416,511,409		63,863,256		5,664,659
Cobranzas Regionales S.A.		85,518		33,136		52,382		7,657
Galicia Administradora de Fondos S.A.		1,087,676		408,209		679,467		648,361
Galicia Broker Asesores de Seguros S.A.(**)		47,408		29,699		17,709		19,852
Galicia Retiro Compañía de Seguros S.A. (**)		285,152		224,780		60,372		6,384
Galicia Seguros S.A. (**)		2,907,428		1,739,299		1,168,129		599,791
Galicia Valores S.A.		259,016		34,034		224,982		73,052
Galicia Warrants S.A.		3,624,332		2,020,122		1,604,210		385,104
Financial Trust Galtrust I		208,171		503		207,668		97,817
Financial Trust Saturno Créditos		34,508		2,086		32,422		3,944
Net Investment S.A. (in Liquidation)(***)		419		—		419		(55	)
Ondara S.A.		37,738		6,951		30,787		8,693
Sudamericana Holding S.A.(**)		432,842		217,333		215,509		7,886
Tarjeta Naranja S.A.		53,189,426		41,598,049		11,591,377		3,643,368
Tarjetas Regionales S.A.		54,653,428		42,229,161		12,424,267		4,017,095

(*) Income attributable to the shareholder’s of the parent. Not including “Other Comprehensive Income”.

(**) Net income for the twelve-month period ended December 31, 2017.

(***) The final distribution was paid out on January 9, 2018.

The Bank’s General Ordinary and Extraordinary Shareholders’ Meeting held on April 24, 2018 approved the amendment to Article 1 of the Bylaws, changing the corporate name of Banco de Galicia y Buenos Aires S.A. for Banco de Galicia y Buenos Aires S.A.U. The Argentine Central Bank, through Resolution No. 200 issued by its Board of Directors on July 5, 2018, did not object to such change. On October 2, 2018, the Corporation Control Authority registered the change under Number 18709 of Book 91 of Stock Companies.

The General Ordinary Shareholders’ Meeting of Net Investment S.A. held on May 16, 2017 resolved to unanimously approve the early dissolution and subsequent liquidation of the company, under the provisions set out in Section 94, subsection 1, of General Corporations Law, i.e., by the shareholders’ decision. The financial statements as of December 31, 2017 are the latest financial statements available before Net Investment S.A.’s final liquidation.

16.2.    Investments in Associates and Joint Ventures

“Investments in Associates and Joint Ventures” break down as follows as of the indicated dates:

	12.31.18			12.31.17			01.01.17
Prisma Medios de Pago S.A.(*)		—			—			259,687
Nova Re Compañía Argentina de Reaseguros S.A. (**)		—			—			27,115
Others		56			83			1,107
Allowances		(56	)		(83	)		(1,107	)
Total		—			—			286,802

(*) As of December 31, 2017, it was classified to “Non-current Assets Held for Sale”. (See Notes 23 and 55).

(**) Equity investment sold in September 2017.

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Leases

12 Months Ended

Dec. 31, 2018

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Leases

NOTE 17. LEASES

17.1.    Financial Leases

The “Property, Plant and Equipment” account includes the following amounts in which the Group is lessee under the terms of financial lease contracts.

	Real Estate		Furniture and Fixtures		Machines and Equipment			Vehicles			Total
Cost		—		—		14,660			—			14,660
Accumulated Depreciation		—		—		(14,660	)		—			(14,660	)
Balance as of 12.31.18		—		—		—			—			—
	Real Estate		Furniture and Fixtures		Machines and Equipment			Vehicles			Total
Cost		—		—		14,660			440			15,100
Accumulated Depreciation		—		—		(14,660	)		(198	)		(14,858	)
Balance as of 12.31.17		—		—		—			242			242
	Real Estate		Furniture and Fixtures		Machines and Equipment			Vehicles			Total
Cost		—		—		14,660			1,576			16,236
Accumulated Depreciation		—		—		(14,660	)		(811	)		(15,471	)
Balance as of 01.01.17		—		—		—			765			765

17.2.    Operating Leases

The Group records contractual obligations derived from the lease of certain properties used as part of the distribution network. The term of these contracts ranges from one to five years and most of them are renewable upon their expiration at market values. The estimated future lease payments in connection with these properties are as follows:

	12.31.18		12.31.17		01.01.17
Less than One Year		906,405		788,950		672,834
Over One Year and up to Five Years		5,284,731		2,185,391		1,917,092
Over Five Years		6,191,137		1,079,291		430,597
Total		12,382,273		4,053,632		3,020,523

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Property, Plant and Equipment

12 Months Ended

Dec. 31, 2018

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Property, Plant and Equipment

NOTE 18. PROPERTY, PLANT AND EQUIPMENT

Changes in “Property, Plant and Equipment” are detailed in Schedule F.

The carrying amounts of “Property, Plant and Equipment” do not exceed their recoverable values.

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Intangible Assets

12 Months Ended

Dec. 31, 2018

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Intangible Assets

NOTE 19. INTANGIBLE ASSETS

Changes in “Intangible Assets” are detailed in Schedule G.

The carrying amounts of “Intangible Assets” do not exceed their recoverable values.

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Deferred Income Tax Assets/Liabilities

12 Months Ended

Dec. 31, 2018

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Deferred Income Tax Assets/Liabilities

NOTE 20. DEFERRED INCOME TAX ASSETS/LIABILITIES

Changes in “Deferred Income Tax Assets and Liabilities” during the fiscal years ended December 31, 2018 and December 31, 2017 are as follows:

Deferred Tax Assets

Item	12.31.17			Charge to Income			Allowance for Impairment			Others			12.31.18
Valuation of Securities		4,901			(3,325	)		—			—			1,576
Other Financial Assets		—			1,901			—			(2,179	)		(278	)
Loans and Other Financing		927,737			595,664			—			—			1,523,401
Property, Plant and Equipment		(223,241	)		(455,616	)		—			(21	)		(678,878	)
Intangible Assets		—			—			—			—			—
Tax Loss Carry-forwards		—			7,612			(3,764	)		—			3,848
Other Non-financial Assets		40,131			(6,137	)		—			—			33,994
Non-current Assets Held for Sale		—			(3,980	)		1,876			2,104			—
Allowance for Impairment		4,609			20,401			—			—			25,010
Other Financial Liabilities		912			(16,843	)		—			—			(15,931	)
Provisions		17,201			92,545			—			(55,234	)		54,512
Other Non-financial Liabilities		4,146			12,974			—			558			17,678
Quotation Difference		5,548			1,236			—			—			6,784
Others		(19,374	)		22,895			—			(2,262	)		1,259
Totals		762,570			269,327			(1,888	)		(57,034	)		972,975
Deferred Tax Liabilities
Item	12.31.17			Charge to Income			Allowance for Impairment			Others			12.31.18
Valuation of Securities		16,718			(143,241	)		—			—			(126,523	)
Other Financial Assets		(37,930	)		(13,364	)		—			2,179			(49,115	)
Loans and Other Financing		321,679			1,049,720			—			—			1,371,399
Property, Plant and Equipment		(2,784,001	)		(481,544	)		—			21			(3,265,524	)
Intangible Assets		258,221			(433,524	)		—			—			(175,303	)
Tax Loss Carry-forwards		—			—			—			—			—
Other Non-financial Assets		(154,315	)		(223,424	)		—			—			(377,739	)
Non-current Assets Held for Sale		(380,838	)		383,774			—			(2,104	)		832
Allowance for Impairment		—			—			—			—			—
Subordinated Debt Securities		(20,331	)		2,734			—			—			(17,597	)
Provisions		200,091			131,926			—			55,234			387,251
Other Non-financial Liabilities		494,380			(89,776	)		—			(558	)		404,046
Others		(2,214	)		(55,421	)		—			2,262			(55,373	)
Totals		(2,088,540	)		127,860			—			57,034			(1,903,646	)
Deferred Tax Assets
Item	01.01.17			Charge to Income			Allowance for Impairment			Others			12.31.17
Valuation of Securities		3,814			1,087			—			—			4,901
Other Financial Assets		(58	)		58			—			—			—
Loans and Other Financing		1,190,776			(263,039	)		—			—			927,737
Property, Plant and Equipment		(230,188	)		83			—			6,864			(223,241	)
Intangible Assets		(92	)		92			—			—			—
Tax Loss Carry-forwards		1,725			(1,725	)		—			—			—
Other Non-financial Assets		3,995			36,136			—			—			40,131
Non-current Assets Held for Sale		—			—			—			—			—
Allowance for Impairment		3,292			1,301			16			—			4,609
Other Financial Liabilities		—			912			—			—			912
Provisions		80,260			(9,796	)		—			(53,263	)		17,201
Other Non-financial Liabilities		3,504			642			—			—			4,146
Quotation Difference		16,022			(10,474	)		—			—			5,548
Others		(37,790	)		18,416			—			—			(19,374	)
Totals		1,035,260			(226,307	)		16			(46,399	)		762,570

Deferred Tax Liabilities
Item	01.01.17			Charge to Income			Allowance for Impairment			Others			12.31.17
Valuation of Securities		(38,276	)		54,994			—			—			16,718
Other Financial Assets		(30,062	)		(7,503	)		—			(365	)		(37,930	)
Loans and Other Financing		387,020			(65,341	)		—			—			321,679
Property, Plant and Equipment		(3,415,959	)		632,760			—			(802	)		(2,784,001	)
Intangible Assets		570,959			(312,738	)		—			—			258,221
Tax Loss Carry-forwards		272,828			(265,421	)		(7,716	)		309			—
Other Non-financial Assets		5,018			(159,333	)		—			—			(154,315	)
Non-current Assets Held for Sale		—			(378,067	)		(2,771	)		—			(380,838	)
Allowance for Impairment		(276,698	)		54,977			221,721			—			—
Subordinated Debt Securities		(3,173	)		(17,158	)		—			—			(20,331	)
Provisions		632,800			(484,267	)		—			51,558			200,091
Other Non-financial Liabilities		50,291			445,557			—			(1,468	)		494,380
Others		1,655			(2,248	)		—			(1,621	)		(2,214	)
Totals		(1,843,597	)		(503,788	)		211,234			47,611			(2,088,540	)

In addition, the expiration dates of tax loss carry-forwards are as follows:

Year of Generation	Amount		Year Due	Deferred Tax Assets
2018		25,373	2023		7,612

The Group has determined an allowance for impairment as of December 31, 2018 amounting to $3,764, as it is not probable that future taxable amounts will be available to utilize those temporary differences and losses as of the date of these financial statements.

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Assets/Liabilities for Insurance Contracts

12 Months Ended

Dec. 31, 2018

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Assets/Liabilities for Insurance Contracts

NOTE 21. ASSETS/LIABILITIES FOR INSURANCE CONTRACTS

Assets related to insurance contracts as of the indicated dates are detailed as follows:

Assets for Insurance Contracts	12.31.18		12.31.17		01.01.17
Premiums Receivable		964,214		1,006,658		962,651
Receivables from Reinsurers		5,361		5,128		6,143
Fees to collect		2,455		—		12,828
Others		10,472		9,917		7,101
Total		982,502		1,021,703		988,723

Liabilities related to insurance contracts as of the indicated dates are detailed as follows:

Liabilities for Insurance Contracts	12.31.18			12.31.17			01.01.17
Debts with Insured		373,600			416,318			420,249
Debts with Reinsurers		9,702			25,904			(1,535	)
Debts with Co-insurers		2,639			3,608			4,741
Debts with Insurance Brokers		185,930			191,681			195,257
Statutory Reserves		571,225			589,255			561,227
Unpaid Losses to Be Borne by Reinsurers (Offset Account)		(39,876	)		(31,119	)		(25,777	)
Total		1,103,220			1,195,647			1,154,162
Debts with Insured	12.31.18			12.31.17			01.01.17
Property Insurance		105,517			93,082			66,389
Administrative Direct Insurance		60,118			48,569			37,146
Direct Insurance in Litigation		9,966			9,060			4,710
Direct Insurance in Mediation		426			741			702
Settled Losses to be Paid		1,609			2,438			2,463
Unpaid Losses for Active Reinsurance and Retrocession		1,038			793			—
Incurred But Not Reported Losses - IBNR		32,360			31,481			21,368
Life Insurance		268,074			322,997			353,615
Administrative Direct Insurance		243,850			294,959			308,463
Direct Insurance in Litigation		4,752			5,528			3,534
Direct Insurance in Mediation		668			1,389			1,094
Settled Losses to be Paid		1,424			3,673			4,907
Unpaid Losses for and Active Reinsurance and Retrocession		4,400			2,826			—
Incurred But Not Reported Losses - IBNR		12,714			14,229			35,125
Surrenders Payable		265			391			488
Payables for Premiums to be Refunded		1			2			4
Retirement Insurance		9			239			245
Past Due Annuities Payable		9			239			245
Total		373,600			416,318			420,249

Debts with Reinsurers and  Co-insurers	Current Account		Reinstatement Premiums		Minimum Deposit Premium to Be Accrued			Deposits as Collateral		Unpaid Losses to Be Borne by Reinsurers			Total
IBNR to Be Borne by Reinsurers		21,852		—		(12,150	)		—		(39,876	)		(30,174	)
Debts with Co-insurers		2,639		—		—			—		—			2,639
Total as of 12.31.18		24,491		—		(12,150	)		—		(39,876	)		(27,535	)
Total as of 12.31.17		45,064		—		(15,552	)		—		(31,119	)		(1,607	)

Debts with Insurance Brokers	12.31.18			12.31.17			01.01.17
Current Account - Insurance Brokers		45,225			47,263			87,939
Commissions on Premiums Receivable		113,238			114,482			62,016
Underwriting Expenses Payable		27,467			29,936			45,302
Total		185,930			191,681			195,257
Statutory Reserves	12.31.18			12.31.17			01.01.17
Unearned Premiums and Similar		327,392			296,487			241,924
Premiums and Surcharges		316,672			301,076			293,729
Premiums on Passive Reinsurance		(14,516	)		(35,710	)		(52,067	)
Active Reinsurance		25,236			30,948			—
Insufficient Premiums		—			173			262
Mathematical Reserves		243,833			292,768			319,303
Mathematical Reserves - Individual Life Insurance		80,545			88,543			91,918
Mathematical Reserves - Individual Retirement Insurance		67,088			47,960			54,051
Mathematical Reserves of Life Annuities		95,179			118,224			133,611
Provision for Restoring the Mathematical Reserve		7			12			6
Fluctuation Funds		1,014			38,029			39,717
Total		571,225			589,255			561,227

Insurance liabilities were recorded according to the liability adequacy test, using the current estimates of future cash flows derived from insurance contracts. The assumptions used are as follows:

Mortality Table	GAM 94
Investment (Discount) Rate	3.38%
Benchmark Rate	Projected benchmark rate based on a share of CER starting with 1.36% in the case of voluntary retirement and 1.63% in the case of life annuities.
Administrative Expenses	682 in the case of voluntary retirement and 620 in the case of life annuities

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Other Non-financial Assets

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Other Non-financial Assets

NOTE 22. OTHER NON-FINANCIAL ASSETS

“Other Non-financial Assets” break down as follows:

	12.31.18		12.31.17		01.01.17
Shareholders		—		—		50,431
Payments in Advance of Directors’ and Syndics’ Fees		2,071		5,054		19,527
Payments in Advance to Personnel		50,385		18,382		18,416
Tax Credits		115,558		61,460		251,330
Payments in Advance		448,545		449,312		398,684
Advances for Purchase of Assets		1,141,114		2,180,993		1,103,230
Investment properties (*)		290,894		296,418		302,453
Other Miscellaneous Assets Measured at Cost		696,996		588,468		681,033
Assets Acquired through Foreclosures		32,852		54,787		31,041
Others		46,354		83,256		163,523
Total		2,824,769		3,738,130		3,019,668

(*) Changes in “Investment Properties” are detailed in Schedule F.

Related-party information is disclosed in Note 52.

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Non-current Assets Held for Sale and Discontinued Operations

12 Months Ended

Dec. 31, 2018

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Non-current Assets Held for Sale and Discontinued Operations

NOTE 23. NON-CURRENT ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS

The Group has classified the following assets as “Assets Held for Sale and Discontinued Operations”:

	12.31.18		12.31.17		01.01.17
Equity Investments		414,778		10,855,802		10,914,825
Prisma Medios de Pago S.A.		414,778		374,937		—
Compañía Financiera Argentina S.A.(*)		—		10,425,762		10,859,722
Cobranzas y Servicios S.A.(*)		—		55,103		55,103
Other Debt Securities		188,947		—		—
Financial Trust Crecere III, IV, V, VI, VII and VIII		188,947		—		—
Property, Plant and Equipment		4,290		4,289		4,291
Real Estate		4,290		4,289		4,291
Total		608,015		10,860,091		10,919,116

(*) The amount relates to the balance of assets held for sale were booked under “Non-current Assets Held for Sale”. The Liabilities related to this assets were booked under and “Other Non-financial Liabilities”

Prisma Medios de Pago S.A.: The Ordinary and Extraordinary Shareholders’ Meeting of Prisma Medios de Pago S.A. held on August 31, 2017, decided to transfer all of the shares of the Company in one-year term. Therefore, according to IFRS 5 the Group considered the investment as a “Non-current Assets Held for Sale” and measured the investment at the lowest of cost or fair value less cost to sell. The carrying amounts of the investment were $414,778 and $374,937 as of December 31, 2018 and 2017, respectively. The change is due to the company’s capital stock increases, which took place in April and December 2018 in order to adjust it to its corporate businesses.

The General Ordinary Shareholders’ Meeting held on May 8, 2018 approved the distribution of cash dividends. According to the Bank’s equity interest, it was entitled to dividends in the amount of $490,393, which were recorded in the income statement.

On February 1, 2019, 51% of such company’s equity interest was transferred. (See Note 55).

Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A.: On January 12, 2017, the Bank’s Board of Directors accepted an offer to buy the equity investment in the subsidiaries Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A., made by Mr. Julio Alfredo Fraomeni and Galeno Capital S.A.U. By virtue of Resolution No. 414, the Argentine Central Bank authorized such transaction.

The sale of the shares in both companies was consummated on February 2, 2018, with the new holders having been registered in each of these companies’ books. The sale price was subject to the buyers’ consent, who were entitled to raise objections for a term of up to 45 consecutive days to be counted as from January 29, 2018. On March 26, 2018, the sale of shares in Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. was completed, establishing a final price of $1,527,013 and $31,790, respectively. The Loss from the sale of Compañía Financiera Argentina S.A. amounted to $(278,645) and the sale of Cobranzas y Servicios S.A has thrown an income of $18,889. The income tax impact for discontinued operations is disclosed separately in the “Income Tax from Discontinued Activities” account, which amounts to $31,675 as of December 31, 2018.

The information below is related to the Group’s discontinued operations (Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A.):

Compañía Financiera Argentina S.A.	12.31.2017
Assets		10,425,762
Cash and Due from Banks		754,856
Securities		30,911
Loans		9,058,863
Miscellaneous Receivables		383,937
Equity Investments		7,927
Bank Property, Plant and Equipment		73,093
Miscellaneous Assets		3,709
Intangible Assets		112,466
Liabilities(*)		8,620,104
Deposits		2,603,478
Debt Securities		2,304,169
Other Liabilities Resulting from Financial Brokerage		3,039,665
Miscellaneous Liabilities		594,386
Provisions		78,406

(*) Recorded in “Other Non-financial Liabilities”. See Note 31.

Cobranzas y Servicios S.A.	12.31.2017
Assets		55,103
Cash and Due from Banks		545
Securities		23,707
Miscellaneous Receivables		30,851
Liabilities(*)		42,202
Miscellaneous Liabilities		42,202

(*) Recorded in “Other Non-financial Liabilities”. See Note 31.

Assets	12.31.17		01.01.17
Equity Investments in Subsidiaries
Compañía Financiera Argentina S.A.		1,805,658		2,239,617
Cobranzas y Servicios S.A.		12,901		12,902
Total Assets		1,818,559		2,252,519

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Deposits

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Deposits

NOTE 24. DEPOSITS

Deposits break down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
In Pesos		197,429,716		192,412,724		183,073,374
Checking Accounts		39,854,371		48,899,103		51,553,662
Savings Accounts		61,128,663		61,068,905		47,849,922
Time Deposits		89,204,808		78,139,750		79,111,568
Time Deposits – UVA		1,984,548		889,541		153,275
Others		1,273,540		1,307,966		2,780,765
Interest and Adjustments		3,983,786		2,107,459		1,624,182
In Foreign Currency		162,667,559		103,954,632		94,004,188
Savings Accounts		137,762,699		87,181,645		50,026,752
Time Deposits		24,064,063		16,162,106		12,356,404
Others		792,809		587,628		31,605,693
Interest and Adjustments		47,988		23,253		15,339
Total		360,097,275		296,367,356		277,077,562

The concentration of deposits is detailed in Schedule H.

The breakdown of deposits by remaining term is detailed in Schedule I.

The breakdown of deposits by sector is detailed in Schedule P.

Related-party information is disclosed in Note 52.

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Liablilities Measured at Fair Value Through Profit or Loss

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Liablilities Measured at Fair Value Through Profit or Loss

NOTE 25. LIABILITIES MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS

“Liabilities measured at fair value through profit or loss” are detailed in Schedules I and P. They include liabilities for transactions with third-party government securities.

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Other Financial Liabilities

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Other Financial Liabilities

NOTE 26. OTHER FINANCIAL LIABILITIES

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
Payables for Purchases Pending Settlement		1,512,197		1,597,375		1,993,765
Collections and Other Transactions on Account of Third Parties		7,646,888		4,649,744		5,891,142
Liabilities due to Financing of Purchases		36,894,587		39,185,267		38,237,617
Payables for Foreign Currency Purchase Pending Settlement		14,409,983		7,455,274		9,124,786
Commissions Accrued Payable		344,570		295,660		205,413
Miscellaneous Subject to Minimum Cash Requirements		507,101		417,075		584,706
Miscellaneous not Subject to Minimum Cash Requirements		1,195,353		918,298		507,406
Other Financial Liabilities		724,363		832,106		549,941
Total		63,235,042		55,350,799		57,094,776

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Loans from the Argentine Central Bank and Other Financial Institutions

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Loans from the Argentine Central Bank and Other Financial Institutions

NOTE 27. LOANS FROM THE ARGENTINE CENTRAL BANK AND OTHER FINANCIAL INSTITUTIONS

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
Loans from the Argentine Central Bank		28,675		22,623		23,450
Correspondents		1,583,638		614,362		2,104,863
Loans from Local Financial Institutions		5,719,582		3,552,963		6,511,273
Loans from Foreign Financial Institutions		7,474,069		6,056,735		3,840,658
Loans from International Entities		4,640,064		1,371,619		236,901
Total		19,446,028		11,618,302		12,717,145

The following table details the credit lines with local and international financial institutions and entities as of the indicated dates:

Financial Institutions and/or Entities	Date of Placement		Currency		Term(*)		Rate(*)		Maturity Date		Amount as of 12.31.18(**)
Local												5,748,257
BICE		Miscellaneous		$		1,838 days		50.88		Miscellaneous		2,844,547
BICE		Miscellaneous		US$		1,792 days		4.36		Miscellaneous		115,799
Call Taken		12.28.18		$		5 days		55.94		01.02.19		804,056
Argentine Central Bank		12.28.18		$		5 days		—		01.02.19		27,681
Argentine Central Bank		12.18.18		US$		5 days		—		01.02.19		994
Other Lines(1)		Miscellaneous		$		364 days		45.89		Miscellaneous		1,955,180
International												13,697,771
Correspondents		12.31.18		US$		2 days		—		01.02.19		1,583,638
IFC		Miscellaneous		US$		945 days		5.78		Miscellaneous		4,591,008
Prefinancing		Miscellaneous		US$		235 days		3.96		Miscellaneous		5,643,958
IDB		Miscellaneous		US$		351 days		4.44		Miscellaneous		1,879,167
Total												19,446,028

(*) Weighted average.

(**) It includes principal and interest.

(1) Relates to regional credit-card companies’ credit lines.

Financial Institutions and/or Entities	Date of Placement		Currency		Term(*)		Rate(*)		Maturity Date		Amount as of 12.31.17(**)
Local												3,575,586
BICE		Miscellaneous		$		1,875 days		23.84		Miscellaneous		3,253,133
BICE		Miscellaneous		US$		1,086 days		3.38		Miscellaneous		3,855
Call Taken		12.28.17		$		5 days		24.5		01.02.18		93,699
Argentine Central Bank		12.28.17		$		5 days		—		01.02.18		21,565
Argentine Central Bank		12.28.17		US$		5 days		—		01.02.18		1,058
Other Lines(1)		Miscellaneous		$		365 days		27.95		Miscellaneous		202,276
International												8,042,716
Correspondents		12.29.17		US$		4 days		—		01.02.18		614,362
IFC		Miscellaneous		US$		1,085 days		5.59		Miscellaneous		1,247,368
Prefinancing		Miscellaneous		US$		208 days		2.89		Miscellaneous		5,701,293
Proparco		Miscellaneous		US$		351 days		4.96		Miscellaneous		28,751
IDB		Miscellaneous		US$		240 days		3.21		Miscellaneous		450,942
Total												11,618,302

(*) Weighted average.

(**) It includes principal and interest.

(1) Relates to regional credit-card companies’ credit lines.

Financial Institutions and/or Entities	Date of Placement		Currency		Term(*)		Rate(*)		Maturity Date		Amount as of 01.01.17(**)
Local												6,578,602
BICE		Miscellaneous		$		1,648 days		23.67		Miscellaneous		2,174,110
BICE		Miscellaneous		US$		1,170 days		4.5		Miscellaneous		7,400
Call Taken		12.30.16		$		3 days		25.38		01.02.17		304,021
Argentine Central Bank		12.30.16		$		3 days		—		01.02.17		21,180
Argentine Central Bank		12.30.16		US$		3 days		—		01.02.17		2,270
Other Lines(1)		Miscellaneous		$		490 days		28.44		Miscellaneous		4,025,742
Correspondents		12.30.16		$		3 days		—		01.02.17		43,879
International												6,138,543
Correspondents		12.30.16		US$		3 days		—		01.02.17		2,060,984
IFC		Miscellaneous		US$		1,209 days		5.8		Miscellaneous		146,024
Prefinancing		Miscellaneous		US$		267 days		2.57		Miscellaneous		3,840,658
Proparco		Miscellaneous		US$		210 days		4.96		Miscellaneous		90,877
Total												12,717,145

(*) Weighted average.

(**) It includes principal and interest.

(1) Primarily relates to regional credit-card companies’ credit lines.

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Debt Securities

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Debt Securities

NOTE 28. DEBT SECURITIES

The following is a breakdown of the Global Programs for the Issuance of Debt securities outstanding:

Company	Authorized Amount(*)	Type of Debt Securities	Term of Program		Date of Approval by Shareholders’ Meeting	Approval by the C.N.V.
Grupo Financiero Galicia S.A.	US$ 100,000	Simple debt securities not convertible into shares		5 years	03.09.09 confirmed on 08.02.12	Resolution No. 16113 dated 04.29.09 and extended through Resolution No. 17343 dated 05.08.14 Authorization of the increase, Resolution No. 17064 dated 04.25.13
Banco de Galicia y Buenos Aires S.A.U.	US$ 2,100,000	Simple debt securities, not convertible into shares, subordinated or not, to be adjusted or not, secured or unsecured.		5 years	04.28.05, 04.14.10, 04.29.15 and 11.09.16	Resolution No. 15228 dated 11.04.05 and extended through Resolution No. 16454 dated 11.11.10 and Resolution No. 17883 dated 11.20.15. Increase of the amount approved by Resolutions Nos. 17883 dated 11.20.15, No. 18081 dated 06.10.16, No. 18480 dated 01.26.17 and No. 19520 dated 05.17.18
Tarjeta Naranja S.A.	US$ 650,000	Simple debt securities, not convertible into shares		5 years	03.08.12	Resolution No. 16822 dated 05.23.12 and extended through Resolution No. 17676 dated 05.21.15.
Tarjetas Cuyanas S.A.	US$ 250,000	Simple debt securities, not convertible into shares		5 years	03.30.10 confirmed on 04.06.10 and 02.15.13	Resolution No. 16328 dated 05.18.10 Authorization of the increase, Resolution No. 17072 dated 05.02.13

(*) Or its equivalent in any other currency.

The Company has the following Unsubordinated Debt securities outstanding issued under the Global Programs detailed in the table above as of December 31, 2018, net of repurchases of Own Debt:

Company	Date of Placement		Currency		Class ON.	Face Value			Type(**)		Term		Maturity Date		Rate	Issuance Authorized by the C.N.V.		Carrying Amount(*) as of 12.31.18
Banco de Galicia y Buenos Aires S.A.U.		02.17.17		$	Class III	US$	150,537	(1)		Simple		36 Months		—	(1)(3)		02.06.17		2,471,648
Banco de Galicia y Buenos Aires S.A.U.		05.18.17		$	IV	$	2,000,000			Simple		36 Months		—	(2)(4)		05.08.17		2,126,523
Banco de Galicia y Buenos Aires S.A.U.		04.26.18		$	V Series I	$	4,209,250			Simple		24 Months		—	(5)		04.18.18		4,898,450
Banco de Galicia y Buenos Aires S.A.U.		04.26.18		$	V Series II	$	2,032,833			Simple		36 Months		—	(6)		04.18.18		2,174,984
Tarjeta Naranja S.A.		04.13.16		$	XXXIII Series II	$	366,908			Simple		1,095 days		04.13.19	Minimum 37% Rate/Badlar +5.40%		03.28.16		412,803
Tarjeta Naranja S.A.		06.29.16		$	XXXIV Series II	$	475,397			Simple		1,461 days		06.29.20	Minimum 32% Rate/ Badlar +4.67%		06.21.16		541,106
Tarjeta Naranja S.A.		09.27.16		$	XXXV Series II	$	774,389			Simple		1,461 days		09.27.20	Minimum 26% Rate/ Badlar +3.99%		09.15.16		728,000
Tarjeta Naranja S.A.		12.07.16		$	XXXVI Series II	$	636,409			Simple		1,095 days		12.07.19	Minimum 25.25% Rate/Badlar + 4%		11.23.16		648,695
Tarjeta Naranja S.A.		04.11.17		$	XXXVII	$	3,845,700			Simple		1,826 days		04.11.22	Minimum 15% Rate/ Badlar + 3.50%		03.30.17		4,083,446
Tarjeta Naranja S.A.		11.13.17		$	XXXVIII	$	503,333			Simple		546 days		05.13.19	Minimum 29.05% Rate/MR20 + 4%		11.07.17		538,056
Tarjeta Naranja S.A.		02.14.18		$	XXXIX	$	754,538			Simple		546 days		09.14.19	Minimum 26.75% Rate/MR 20 +3.4%		02.02.18		803,823
Tarjeta Naranja S.A.		04.10.18		$	XL Series I	$	597,500			Simple		548 days		10.10.19	25.98% Fixed Rate		03.27.18		708,732
Tarjeta Naranja S.A.		04.10.18		$	XL Series II	$	1,402,500			Simple		914 days		10.10.20	Minimum 27% Rate/ Badlar + 3.69%		03.27.18		1,547,760
Tarjeta Naranja S.A.		11.15.18		$	XLI Series I	$	854,102			Simple		365 days		11.15.19	54% Fixed Rate		—		905,479
Tarjeta Naranja S.A.		11.15.18		$	XLI Series II	$	343,555			Simple		547 days		05.15.20	Badlar + 10%		—		346,775
Tarjeta Naranja S.A.		12.17.18		$	XLII	$	1,266,303			Simple		287 days		09.30.19	58% Fixed Rate		—		1,234,147
Tarjeta Naranja S.A.(***)		05.05.16		$	XXIV Series II	$	234,309			Simple		1,095 days		05.05.19	Minimum 37% Rate/ Badlar + 4.98%		04.22.16		172,255
Tarjeta Naranja S.A.(***)		07.26.16		$	XXV	$	400,000			Simple		1,461 days		07.26.20	Minimum 30% Rate/ Badlar + 3.94%		07.13.16		430,504
Tarjeta Naranja S.A.(***)		10.24.16		$	XXVI Series II	$	350,237			Simple		1,461 days		10.24.20	Minimum 26% Rate/ Badlar + 4.00%		10.14.16		358,563
Tarjeta Naranja S.A.(***)		02.10.17		$	XXVII Series II	$	500,000			Simple		1,095 days		02.10.20	Minimum 23.5% Rate/ Badlar + 3.50%		02.02.17		500,457
Tarjeta Naranja S.A.(***)		06.09.17		$	XXVIII Series I	$	128,175			Simple		730 days		06.09.19	Minimum 25% Rate/ Badlar + 3.05%		05.29.17		126,755
Tarjeta Naranja S.A.(***)		06.09.17		$	XXVIII Series II	$	371,825			Simple		1,461 days		06.09.21	Minimum 25% Rate/ Badlar + 3.70%		05.29.17		374,000
Total																			26,132,961

(*) It includes principal and interest.

(**) Not convertible into shares.

(***) Negotiable Obligations merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

(1) As specified in the terms and conditions of the issuance, they were converted to $2,360,360 Investor assumes the exchange rate risk since the service of interest and principal is calculated on the basis of the principal amount in Pesos converted into US Dollars on each payment date.

(2) The net proceeds from this issuance of negotiable obligations was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Negotiable Obligations and the Argentine Central Bank regulations.

(3) Variable rate equal to the simple arithmetic average of private Badlar, plus 2.69%, which will be payable quarterly as from May 17, 2017.

(4) Variable rate equal to the simple arithmetic average of private Badlar, plus 2.98%, which will be payable quarterly as from August 18, 2017.

(5) Annual nominal fixed 25.98% rate; principal and interest will be settled in full upon maturity.

(6) Variable rate equal to the simple arithmetic average of private Badlar, plus 3.5%, which will be payable quarterly as from July 26, 2018. Principal in respect of this Series will be repaid upon maturity.

On June 21, 2018, Banco de Galicia y Buenos Aires S.A.U. issued the “Green Bond” which was entirely acquired by the International Finance Corporation. The Green Bond is a 7-year facility, with interest payable every six months. The Green Bond has a 36-month grace period in respect of the repayment of principal, followed by payments in 9 installments due every six months. As of December 31, 2018, the carrying amount of the Green Bond totals $3,850,692.

Under the Global Program for the Issuance of Debt Securities outstanding, after year-end, Banco Galicia issued Class VI for a face value of US$82,713 at a fixed 4.8% rate, with a 7-months maturity after issuance.

The Company has the following Unsubordinated Debt Securities outstanding issued under the Global Programs detailed in the table above as of December 31, 2017, net of repurchases of Own Debt:

Company	Date of Placement		Currency	Class ON.		Face Value			Type(**)		Term		Maturity Date		Rate		Issuance Authorized by the C.N.V.		Carrying Amount(*) as of 12.31.17
Banco de Galicia y Buenos Aires S.A.U.		02.17.17	$		III	US$	150,537	(1)		Simple		36 Months		—		(1)(3)		02.06.17		3,589,743
Banco de Galicia y Buenos Aires S.A.U.		05.18.17	$		IV	$	2,000,000			Simple		36 Months		—		(2)(4)		05.08.17		3,037,480
Tarjeta Naranja S.A.		04.13.16	$		XXXIII Series II	$	366,908			Simple		1,095 days		04.13.19		Minimum 37% Rate/ Badlar +5.40%		03.28.16		553,033
Tarjeta Naranja S.A.		06.29.16	$		XXXIV Series II	$	475,397			Simple		1,461 days		06.29.20		Minimum 32% Rate/ Badlar +4.67%		06.21.16		697,050
Tarjeta Naranja S.A.		09.27.16	$		XXXV Series I	$	225,611			Simple		546 days		03.27.18		Minimum 26% Rate/ Badlar +2.99%		09.15.16		335,414
Tarjeta Naranja S.A.		09.27.16	$		XXXV Series II	$	774,389			Simple		1,461 days		09.27.20		Minimum 26% Rate/ Badlar +3.99%		09.15.16		1,117,422
Tarjeta Naranja S.A.		12.07.16	$		XXXVI Series I	$	210,571			Simple		547 days		06.07.18		Minimum 25.25% Rate/ Badlar + 3.25%		11.23.16		313,977
Tarjeta Naranja S.A.		12.07.16	$		XXXVI Series II	$	636,409			Simple		1,095 days		12.07.19		Minimum 25.25% Rate/ Badlar + 4%		11.23.16		922,082
Tarjeta Naranja S.A.		04.11.17	$		XXXVII	$	3,845,700			Simple		1,826 days		04.11.22		Minimum 15% Rate/ Badlar + 3.50%		03.30.17		5,940,224
Tarjeta Naranja S.A.		11.13.17	$		XXXVIII	$	503,333			Simple		546 days		05.13.19		Minimum 29.05% Rate/ MR20 + 4%		11.07.17		762,789
Tarjeta Naranja S.A.(***)		05.05.16	$		XXIV Series II	$	234,309			Simple		1,095 days		05.05.19		Minimum 37% Rate/ Badlar + 4.98%		04.22.16		305,617
Tarjeta Naranja S.A.(***)		07.26.16	$		XXV	$	400,000			Simple		1,461 days		07.26.20		Minimum 30% Rate/ Badlar + 3.94%		07.13.16		619,400
Tarjeta Naranja S.A.(***)		10.24.16	$		XXVI Series I	$	149,763			Simple		547 days		04.24.18		Minimum 26% Rate/ Badlar + 2.75%		10.14.16		231,713
Tarjeta Naranja S.A.(***)		10.24.16	$		XXVI Series II	$	350,237			Simple		1,461 days		10.24.20		Minimum 26% Rate/ Badlar + 4%		10.14.16		448,220
Tarjeta Naranja S.A.(***)		02.10.17	$		XXVII Series II	$	500,000			Simple		1,095 days		02.10.20		Minimum 23.5% Rate/ Badlar + 3.5%		02.02.17		761,711
Tarjeta Naranja S.A.(***)		06.09.17	$		XXVIII Series I	$	128,175			Simple		730 days		06.09.19		Minimum 25% Rate/ Badlar + 3.05%		05.29.17		192,243
Tarjeta Naranja S.A.(***)		06.09.17	$		XXVIII Series II	$	371,825			Simple		1,461 days		06.09.21		Minimum 25% Rate/ Badlar + 3.7%		05.29.17		451,047
Total																				20,279,165

(*) It includes principal and interest.

(**) Not convertible into shares.

(***) Negotiable Obligations merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

(1) As specified in the terms and conditions of the issuance, they were converted to $2,360,360. Investor assumes the exchange rate risk since the service of interest and principal is calculated on the basis of the principal amount in Pesos converted into US Dollars on each payment date.

(2) The net proceeds from this issuance of negotiable obligations was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Negotiable Obligations and the Argentine Central Bank regulations.

(3) Variable rate equal to the simple arithmetic average of private Badlar, plus 2.69%, which will be payable quarterly as from May 17, 2017.

(4) Variable rate equal to the simple arithmetic average of private Badlar, plus 2.98%, which will be payable quarterly as from August 18, 2017.

The Company has the following Unsubordinated Debt securities outstanding issued under the Global Programs detailed in the table above as of January 1, 2017, net of repurchases of Own Debt securities:

Company	Date of Placement		Currency	Class ON.	Face Value		Type(**)	Term	Maturity Date		Rate	Issuance Authorized by the C.N.V.		Carrying Amount(*) as of 01.01.17
Grupo Financiero Galicia S.A.		01.30.14	$	V Series II	$	78,200	Simple	36 Months		01.31.17	Variable Badlar + 5.25%		04.25.13		150,085
Grupo Financiero Galicia S.A.		10.23.14	$	VI Series II	$	109,845	Simple	36 Months		10.23.17	Variable Badlar +4.25%		10.03.14		209,826
Grupo Financiero Galicia S.A.		07.27.15	$	VII	$	160,000	Simple	24 Months		07.27.17	(1)		07.16.15		298,906
Banco de Galicia y Buenos Aires S.A.U.		05.04.11	US$	—	US$	300,000	Simple	84 Months		—	(2)(3)		04.14.11		8,666,274
Tarjeta Naranja S.A.		01.28.11	US$	XII	US$	200,000	Simple	2,192 days		01.28.17	Annual Nominal Fixed at 9%		01.14.11		2,024,736
Tarjeta Naranja S.A.		02.26.14	$	XXIV Series II	$	33,500	Simple	1,096 days		02.26.17	Variable Badlar + 5%		02.14.14		63,583
Tarjeta Naranja S.A.		01.22.15	$	XXVIII Series II	$	129,000	Simple	731 days		01.22.17	Variable Badlar + 4.5%		01.09.15		48,759
Tarjeta Naranja S.A.		04.27.15	$	XXIX	$	334,030	Simple	731 days		04.27.17	27.75% Mixed Rate/ Badlar + 4.5%		04.16.15		320,917
Tarjeta Naranja S.A.		06.29.15	$	XXX	$	400,000	Simple	731 days		06.29.17	27.75% Mixed Rate/ Badlar + 4.5%		06.18.15		620,374
Tarjeta Naranja S.A.		10.19.15	$	XXXI	$	370,851	Simple	548 days		04.19.17	27% Mixed Rate/ Badlar + 4.5%		10.07.15		348,211
Tarjeta Naranja S.A.		01.20.16	$	XXXII	$	260,811	Simple	639 days		10.20.17	Variable Badlar +4.5%		12.15.15		293,380
Tarjeta Naranja S.A.		04.13.16	$	XXXIII Series I	$	133,092	Simple	548 days		10.13.17	Minimum 37% Rate/ Badlar +4.5%		03.28.16		231,198
Tarjeta Naranja S.A.		04.13.16	$	XXXIII Series II	$	366,908	Simple	1,095 days		04.13.19	Minimum 37% Rate/ Badlar +5.4%		03.28.16		704,916
Tarjeta Naranja S.A.		06.29.16	$	XXXIV Series I	$	124,603	Simple	548 days		12.29.17	Minimum 32% Rate/ Badlar +3.38%		06.21.16		192,226
Tarjeta Naranja S.A.		06.29.16	$	XXXIV Series II	$	475,397	Simple	1,461 days		06.29.20	Minimum 32% Rate/ Badlar +4.67%		06.21.16		859,445
Tarjeta Naranja S.A.		09.27.16	$	XXXV Series I	$	225,611	Simple	546 days		03.27.18	Minimum 26% Rate/ Badlar +2.99%		09.15.16		413,913
Tarjeta Naranja S.A.		09.27.16	$	XXXV Series II	$	774,389	Simple	1,461 days		09.27.20	Minimum 26% Rate/ Badlar +3.99%		09.15.16		1,385,944
Tarjeta Naranja S.A.		12.07.16	$	XXXVI Series I	$	210,571	Simple	547 days		06.07.18	Minimum 25.25% Rate/ Badlar +3.25%		11.23.16		360,637
Tarjeta Naranja S.A.		12.07.16	$	XXXVI Series II	$	636,409	Simple	1,095 days		12.07.19	Minimum 25.25% Rate/ Badlar +4%		11.23.16		1,023,720
Carry-foward															18,217,050

Company	Date of Placement		Currency		Class ON.		Face Value		Type(**)		Term		Maturity Date		Rate		Issuance Authorized by the C.N.V.		Carrying Amount(*) as of 01.01.2017
Carry-back																				18,217,050
Tarjeta Naranja S.A.(***)		02.20.15		$		XIX Series II	$	75,555		Simple		731 days		02.20.17		Variable Badlar + 4.95%		02.06.15		19,218
Tarjeta Naranja S.A.(***)		08.12.15		$		XXI	$	232,000		Simple		550 days		02.12.17		Variable Badlar +4.5%		07.29.15		381,218
Tarjeta Naranja S.A.(***)		11.13.15		$		XXII	$	300,000		Simple		547 days		05.13.17		Variable Badlar + 4.25%		11.03.15		570,817
Tarjeta Naranja S.A.(***)		03.16.16		$		XXIII	$	242,000		Simple		549 days		09.16.17		Minimum 35.25% Rate/ Badlar +4.99%		03.07.16		302,381
Tarjeta Naranja S.A.(***)		05.05.16		$		XXIV Series I	$	65,691		Simple		549 days		11.05.17		Minimum 37% Rate/ Badlar +4.08%		04.22.16		125,645
Tarjeta Naranja S.A.(***)		05.05.16		$		XXIV Series II	$	234,309		Simple		1,095 days		05.05.19		Minimum 37% Rate/ Badlar + 4.98%		04.22.16		354,070
Tarjeta Naranja S.A.(***)		07.26.16		$		XXV	$	400,000		Simple		1,461 days		07.26.20		Minimum 30% Rate/ Badlar + 3.94%		07.13.16		677,665
Tarjeta Naranja S.A.(***)		10.24.16		$		XXVI Series I	$	149,763		Simple		547 days		04.24.18		Minimum 26% Rate/ Badlar + 2.75%		10.14.16		289,314
Tarjeta Naranja S.A.(***)		10.24.16		$		XXVI Series II	$	350,237		Simple		1,461 days		10.24.20		Minimum 26% Rate/ Badlar + 4%		10.14.16		676,589
Tarjetas del Mar S.A.		02.19.16		$		I	$	150,000		Simple		18 Months		08.19.17		Variable Badlar +4.5%		02.04.16		234,493
Total																				21,848,460

(*) It includes principal and interest.

(**) Not convertible into shares.

(1) Annual nominal 27% fixed rate during the first nine months, and variable Badlar plus an annual 4.25% rate for the following 15 months.

(2) On May 4, 2017, Banco Galicia redeemed all outstanding negotiable obligations due 2018, at a price equal to 100% of their residual face value, plus accrued interest up to, but excluding, the redemption date.

(3) The net proceeds from this issuance of negotiable obligations was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Negotiable Obligations and the Argentine Central Bank regulations.

The repurchases of Own Debt securities as of the indicated dates are as follows:

Company	ON Class	Face Value as of 12.31.18		Carrying Amount(*) as of 12.31.18
Banco de Galicia y Buenos Aires S.A.U.	Class III		2,335		36,437
Banco de Galicia y Buenos Aires S.A.U.	Class V – Series II		48,000		47,178
Tarjeta Naranja S.A.	Class XXXV Series II		51,500		49,783
Tarjeta Naranja S.A.	Class XXXVI Series II		10,000		10,546
Tarjeta Naranja S.A.	Class XXXVII		11,783		184,535
Tarjeta Naranja S.A.	Class XXXVIII		3,870		4,135
Tarjeta Naranja S.A.	Class XXXIX		5,000		5,351
Tarjeta Naranja S.A.	Class XL		16,000		17,504
Tarjeta Naranja S.A.	Class XLI Series I		1,000		936
Tarjeta Naranja S.A.	Class XLI Series II		19,000		20,227
Tarjeta Naranja S.A.	Class XLII		50,000		54,389
Tarjeta Naranja S.A.(**)	Class XXIV Series II		80,000		82,947
Tarjeta Naranja S.A.(**)	Class XXV Series II		9,000		8,984
Tarjeta Naranja S.A.(**)	Class XXVI Series II		25,000		27,027
Tarjeta Naranja S.A.(**)	Class XXVII Series I		36,761		37,282
Tarjeta Naranja S.A.(**)	Class XXVII Series II		5,488		5,757
Tarjeta Naranja S.A.(**)	Class XXVIII Series II		8,254		8,501
Total					601,519

(*) It includes principal and interest.

(**) Debt securities merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

Company	ON Class	Face Value as of 12.31.17		Carrying Amount(*) as of 12.31.17
Banco de Galicia y Buenos Aires S.A.U.	Class III		290		6,863
Tarjeta Naranja S.A.	Class XXXIII Series II		13,231		21,313
Tarjeta Naranja S.A.	Class XXXIV Series II		2,111		3,270
Tarjeta Naranja S.A.	Class XXXV Series II		15,500		23,786
Tarjeta Naranja S.A.	Class XXXVI Series I		2,000		2,984
Tarjeta Naranja S.A.	Class XXXVI Series II		20,000		31,372
Tarjeta Naranja S.A.	Class XXXVIII		2,000		3,040
Tarjeta Naranja S.A.(**)	Class XXIV Series II		35,000		55,333
Tarjeta Naranja S.A.(**)	Class XXVI Series II		60,540		94,889
Tarjeta Naranja S.A.(**)	Class XXVII Series II		2,871		4,251
Tarjeta Naranja S.A.(**)	Class XXVIII Series II		66,659		106,851
Total					353,952

(*) It includes principal and interest.

(**) Debt securities merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

Company	ON Class	Face Value as of 01.01.17		Carrying Amount(*) as of 01.01.17
Grupo Financiero Galicia S.A.	VII		3,000		5,776
Banco de Galicia y Buenos Aires S.A.U.	—	US$	7,865		241,671
Tarjeta Naranja S.A.	XIII	US$	3,998		40,031
Tarjeta Naranja S.A.	XXVIII Series II		35,000		22,463
Tarjeta Naranja S.A.	XXIX		3,500		6,729
Tarjeta Naranja S.A.	XXX		65,900		119,696
Tarjeta Naranja S.A.	XXXI		20,730		40,109
Tarjeta Naranja S.A.	XXXII		109,257		211,429
Tarjeta Naranja S.A.	XXXIII Series I		14,000		27,250
Tarjeta Naranja S.A.	XXXIII Series II		3,184		6,335
Tarjeta Naranja S.A.	XXXIV Series I		20,000		36,717
Tarjeta Naranja S.A.	XXXIV Series II		6,111		11,286
Tarjeta Naranja S.A.	XXXV Series II		17,500		32,460
Tarjeta Naranja S.A.	XXXVI Series I		16,610		30,984
Tarjeta Naranja S.A.	XXXVI Series II		85,228		159,460
Tarjeta Naranja S.A.(**)	XIX Series II		65,500		123,871
Tarjeta Naranja S.A.(**)	XXI		31,383		60,648
Tarjeta Naranja S.A.(**)	XXIII		79,243		148,408
Tarjeta Naranja S.A.(**)	XXIV Series II		49,000		94,683
Tarjeta Naranja S.A.(**)	XXV		52,000		99,338
Tarjetas del Mar S.A.	I		30,259		56,736
Total					1,576,080

(*) It includes principal and interest.

(**) Debt securities merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

Related-party information is disclosed in Note 52.

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Subordinated Debt Securities

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Subordinated Debt Securities

NOTE 29. SUBORDINATED DEBT SECURITIES

The Company has the following subordinated debt securities not convertible into shares issued under the Global Programs detailed in Note 28 as of the close of the fiscal year:

Company

Date of Placement

Currency

ON Class

Face Value

Term

Maturity Date

Rate

Issuance Authorized by the C.N.V.

Carrying Amount as of 12.31.18(*)

Banco de Galicia y Bs. As. S.A.U.

07.19.16

US$

—

US$

250,000

120 months

(1)

—

(2)(3)

06.23.16

9,767,874

(*) It includes principal and interest.

(1) Amortization shall be fully made upon maturity, on July 19, 2026, unless redeemed, at the issuer’s option, fully at a price equal to 100% of the outstanding principal plus accrued and unpaid interest.

(2) Fixed 8.25% rate p.a. (as from the issuance date to July 19, 2021, inclusively); and margin to be added to the nominal Benchmark Readjustment Rate of 7.156% p.a. to the due date of Debt securities. Such interest shall be payable semiannually on January 19 and July 19 as from 2017.

(3) The net proceeds from this issuance of debt securities was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Debt securities and the Argentine Central Bank regulations.

Company

Date of Placement

Currency

ON Class

Face Value

Term

Maturity Date

Rate

Issuance Authorized by the C.N.V.

Carrying Amount as of 12.31.17(*)

Banco de Galicia y Bs. As. S.A.U.

07.19.16

US$

—

US$

250,000

120 months

(1)

—

(2)(3)

06.23.16

7,128,356

(*) It includes principal and interest.

(1) Amortization shall be fully made upon maturity, on July 19, 2026, unless redeemed, at the issuer’s option, fully at a price equal to 100% of the outstanding principal plus accrued and unpaid interest.

(2) Fixed 8.25% rate p.a. (as from the issuance date to July 19, 2021, inclusively); and margin to be added to the nominal Benchmark Readjustment Rate of 7.156% p.a. until the date of Date Securities.. Such interest shall be payable semiannually on January 19 and July 19 as from 2017.

(3) The net proceeds from this issuance of debt securities was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Debt securities and the Argentine Central Bank regulations.

Company

Date of Placement

Currency

ON Class

Face Value

Term

Maturity Date

Rate

Issuance Authorized by the C.N.V.

Carrying Amount as of 01.01.17(*)

Banco de Galicia y Bs. As. S.A.U.

07.19.16

US$

—

US$

250,000

120 months

(1)

—

(2)(3)

06.23.16

7,490,444

(*) It includes principal and interest.

(1) Amortization shall be fully made upon maturity, on July 19, 2026, unless redeemed, at the issuer’s option, fully at a price equal to 100% of the outstanding principal plus accrued and unpaid interest.

(2) Fixed 8.25% rate p.a. (as from the issuance date to July 19, 2021, inclusively); and margin to be added to the nominal Benchmark Readjustment Rate of 7.156% p.a. to the due date of Debt securities. Such interest shall be payable semiannually on January 19 and July 19 as from 2017.

(3) The net proceeds from this issuance of debt securities was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Debt securities and the Argentine Central Bank regulations.

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Provisions

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Provisions

NOTE 30. PROVISIONS

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
For Administrative, Disciplinary and Criminal Penalties		5,306		7,357		10,134
For Termination Benefits		86,926		109,295		83,322
Others		1,357,091		780,608		615,757
Total		1,449,323		897,260		709,213

Changes in the “Provisions” account for FY 2018 are detailed in Schedule J.

See Note 47 for further details.

Changes for FY 2017 are disclosed below:

					Decreases
	Balances at													Balances
	Beginning of										Inflation			as of
Item	Year		Increases		Reversals			Uses			effect			12.31.17
Provisions		709,213		554,042		(48,493	)		(148,917	)		(168,585	)		897,260
Total		709,213		554,042		(48,493	)		(148,917	)		(168,585	)		897,260

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Other Non-financial Liabilities

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Other Non-financial Liabilities

NOTE 31. OTHER NON-FINANCIAL LIABILITIES

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
Withholdings and Additional Withholdings Payable		2,901,402		2,781,222		3,212,628
Salaries and Social Security Contributions Payable		2,841,885		2,227,181		2,153,525
Withholdings Payable on Salaries		185,625		160,765		205,275
Value-Added Tax		527,563		519,125		492,704
Sundry Creditors		1,601,166		3,558,480		1,267,562
Liabilities for Assets Held for Sale(*)		—		8,662,306		8,662,306
Taxes Payable		1,930,074		1,920,028		1,390,508
Liabilities Arising from Contracts with Customers		1,071,636		1,061,197		834,413
Other Non-financial Liabilities		412,179		252,150		307,036
Total		11,471,530		21,142,454		18,525,957

(*) Liabilities of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Deferred income resulting from contracts with customers includes the liabilities for the “Quiero” Customers Loyalty Program. The Group estimates the fair value of the points assigned to customers under the above-mentioned program. This value is estimated by means of the use of a mathematical model that takes into account certain assumptions of redemption rates, the fair value for the exchanged points based on the combination of available products and the customers’ preferences, as well as breakage. As of December 31, 2018, $918,375 was recorded for non-exchanged points, whereas as of December 31, 2017 and January 1, 2017, such amount totaled $1,061,197 and $834,413, respectively.

The following table shows the estimated use of the liabilities recorded as of this fiscal year-end.

	Terms
Item	Up to 12 Months		Up to 24 Months		Over 24 Months		Total
Liabilities – “Quiero” Customers Loyalty Program		394,901		330,615		192,859		918,375

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Capital Stock

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Capital Stock

NOTE 32. CAPITAL STOCK

The capital stock structure is detailed in Schedule K.

The Ordinary and Extraordinary Shareholders’ Meeting of Grupo Financiero Galicia S.A. held on August 15, 2017 decided to approve an increase in capital stock by means of the issuance of up to 150,000,000 ordinary book-entry Class “B” shares, entitled to one vote per share and with a face value of $1 each. These shares are entitled to dividends with the same rights to the shares outstanding at the time of the issuance.

On September 7, 2017, the Board of Directors of the C.N.V., by means of Joint Resolution No. RESFC-2017-18927-APN-DIR#CNV, decided to authorize the public offering of 130,434,600 ordinary book-entry Class “B” shares, with a face value of $1 and one vote per share and, in case of over-subscription, an increase in such offering up to 19,565,190 ordinary book-entry Class “B” shares, with a face value of $1 and one vote each to be offered for public subscription, with preemptive and accretion rights.

The primary offering year ended on September 26, 2017, with 109,999,996 Class “B” shares having been subscribed at a price of US$5 each. On September 29, 2017, such shares were issued and integrated.

The Company granted over-subscription rights to international placement agents who, on October 2, 2017, enforced such rights and were awarded additional 16,500,004 Class “B” shares at a price of US$5 each, the issuance and payment of which took place on October 4, 2017.

The capital increase amounted to $11,004,383 (which is equal to $17,212,307 as of December 31, 2018), the expenses related thereto amounted to $146,347 (which is equal to $229,358 as of December 31, 2018) and were deducted from additional paid-in capital.

On November 8, 2017, the capital increase was registered with the Public Registry of Commerce.

The Company has no own shares in portfolio.

The Company’s shares are listed on Bolsas y Mercados Argentinos (BYMA), Mercado Abierto Electrónico S.A. (MAE) and the National Association of Securities Dealers Automated Quotation (NASDAQ).

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Income Statement Breakdown

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Income Statement Breakdown

NOTE 33. INCOME STATEMENT BREAKDOWN

Breakdown of: Interest Income, Fee Income and Net Income from Financial Instruments Measured at Fair Value through Profit or Loss are detailed in Schedule Q.

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Gold and Foreign Currency Quotation Differences

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Gold and Foreign Currency Quotation Differences

NOTE 34. GOLD AND FOREIGN CURRENCY QUOTATION DIFFERENCES

The account breaks down as follows as of the indicated dates:

Originated by:	12.31.18			12.31.17
Foreign Currency Brokerage		5,989,359			2,942,860
Valuation of Foreign Currency Assets and Liabilities		(2,212,288	)		536,001
Total		3,777,071			3,478,861

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Other Operating Income

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Other Operating Income

NOTE 35. OTHER OPERATING INCOME

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17
Commission on Product Package		2,730,875		2,803,596
Other Adjustments and Interest from Miscellaneous Receivables		1,599,459		456,234
Rental of Safe Deposit Boxes		516,123		512,318
Other Financial Income		168,571		58,113
Other Income from Services		4,081,817		3,176,518
Others		2,475,068		1,989,853
Total		11,571,913		8,996,632

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Underwriting Income from Insurance Business

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Underwriting Income from Insurance Business

NOTE 36. UNDERWRITING INCOME FROM INSURANCE BUSINESS

The account breaks down as follows as of the indicated dates:

	12.31.18			12.31.17
Premiums and Surcharges Accrued		4,687,242			5,260,902
Claims Accrued		(535,888	)		(604,908	)
Surrenders		(5,770	)		(7,564	)
Life and Ordinary Annuities		(8,541	)		(9,182	)
Underwriting and Operating Expenses		(1,285,007	)		(1,299,507	)
Other Income and Expenses		17,283			(24,829	)
Total		2,869,319			3,314,912

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Loan Loss Provision

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Loan Loss Provision

NOTE 37. LOAN LOSS PROVISION

The changes in the loss allowance between the beginning and the end of the annual period are detailed in Note 46.

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Personnel Expenses

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Personnel Expenses

NOTE 38. PERSONNEL EXPENSES

The following are the items included in the account as of the indicated dates:

	12.31.18		12.31.17
Salaries		11,657,815		11,513,774
Social Security Contributions on Salaries		1,715,592		1,840,448
Severance Payments and Personnel Bonuses		2,730,047		2,908,611
Personnel Services		538,941		448,431
Other Short-term Employee Benefits		328,052		377,408
Other Long-term Employee Benefits		55,800		—
Total		17,026,247		17,088,672

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Administrative Expenses

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Administrative Expenses

NOTE 39. ADMINISTRATIVE EXPENSES

The Group presented its statement of comprehensive income by function. Under this method, expenses are classified according to their function as part of the item “Administrative Expenses”.

The table below provides the required additional information about expenses by nature and function as of the indicated dates:

	12.31.18		12.31.17
Fees and Compensation for Services		1,216,542		518,772
Directors’ and Syndics’ Fees		174,191		134,483
Advertising and Publicity		1,278,061		1,237,729
Taxes		3,369,396		3,522,967
Maintenance and Repairs		1,415,585		1,035,880
Electricity and Communications		961,421		920,058
Entertainment and Transportation Expenses		102,326		130,526
Stationery and Office Supplies		210,613		201,747
Rentals		826,357		738,382
Administrative Services Hired		1,293,996		1,286,759
Security		558,520		624,814
Insurance		454,476		455,360
Others		4,217,670		3,616,080
Total		16,079,154		14,423,557

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Depreciation and Impairment of Assets

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Depreciation and Impairment of Assets

NOTE 40. DEPRECIATION AND IMPAIRMENT OF ASSETS

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17
Depreciation of Property, Plant and Equipment		1,115,673		1,040,438
Amortization of Organization and Development Expenses		533,430		394,885
Others		2,872		4,117
Total		1,651,975		1,439,440

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Other Operating Expenses

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Other Operating Expenses

NOTE 41. OTHER OPERATING EXPENSES

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17
Turnover Tax		8,647,616		6,976,566
Contributions to the Guarantee Fund		510,843		438,487
Charges for Other Provisions		1,056,171		360,530
Claims		310,406		199,172
Other Financial Income		546,541		319,634
Other Expenses from Services		5,069,626		4,796,835
Others		757,862		1,514,002
Total		16,899,065		14,605,226

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Income Tax/Deferred Tax

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Income Tax/Deferred Tax

NOTE 42. INCOME TAX/DEFERRED TAX

The following is a reconciliation of income tax charged to income as of December 31, 2018, as compared to the previous fiscal year:

	12.31.18			12.31.17
Income for the Year Before Income Tax		(3,027,209	)		(14,483,807	)
Effective Tax Rate		30	%		35	%
Income (Loss) for the Year at the Tax Rate		(908,163	)		(5,069,332	)
Permanent Differences at the Tax Rate
- Income (Loss) from Equity Instruments		207,417			93,519
- Non-taxable Income (Loss)		180,588			94,244
- Donations and Other Non-deductible Expenses		(65,921	)		(82,312	)
- Other		(406,621	)		(302,991	)
- Allowance for Impairment		(1,888	)		211,250
- Fines		—			(63	)
- Inflation effect		(6,410,820	)		(3,303,793	)
- Law 27430 Rate Adjustment		461,207			718,691
Total Income Tax Charge for the Year		(6,944,201	)		(7,640,787	)
	12.31.18			12.31.17
Current Income Tax		(6,921,400	)		(6,971,658	)
Deferred Tax Charge(*)		397,187			(730,095	)
Allowance for Impairment(*)		(1,888	)		211,250
Adjustment to Prior-Year Tax Return		(82,340	)		(151,496	)
Law 27430 Adjustment		(335,760	)		1,212
Total Income Tax Charge for the Year		(6,944,201	)		(7,640,787	)

(*) See Note 20.

	12.31.18			12.31.17
Current Income Tax		(6,921,400	)		(6,971,658	)
Tax Advances		3,463,791			3,393,129
Current Income Tax Liabilities		(3,457,609	)		(3,578,529	)

In September 2017, Banco Galicia filed with A.F.I.P. both actions for recovery of income tax paid in excess for fiscal years 2014 and 2016, totaling $433,815 and $944,338, respectively. These actions were grounded on case law that declared unconstitutional certain rules and regulations banning the application of the inflation adjustment for tax purposes, with the ensuing confiscatory effects. At the closing of these financial statements, Banco Galicia has not recorded balances in respect of the contingent assets stemming from the aforementioned actions.

Tax Reform

On December 29, 2017, the National Executive Branch enacted Income Tax Law No. 27430. This law has introduced several changes to the previous income tax treatment. Some of the key changes involved in the reform include:

• Income Tax Rate: The income tax rate for Argentine companies shall be gradually reduced from 35% to 30% for fiscal years commencing on January 1, 2018 until December 31, 2019, and to 25% for fiscal years commencing on, and including, January 1, 2020.

• Tax on Dividends: The law has introduced a tax on dividends or profits distributed by Argentine companies or permanent establishments, among others, to: individuals, undivided interests or foreign beneficiaries, subject to the following considerations: (i) dividends distributed out of the profits made during fiscal years commencing on January 1, 2018 until December 31, 2019 shall be subject to withholding at a 7% rate; and (ii) dividends distributed out of the profits made during fiscal years commencing on January 1, 2020 onwards shall be subject to withholding at a 13% rate.

Dividends distributed from profits earned until the fiscal year before that commenced on January 1, 2018 shall remain subject, in respect of all beneficiaries, to withholding at the 35% rate on the amount in excess of tax-free distributable accumulated profits (equalization tax transition period).

• Optional Tax Revaluation: Regulations establish that, at the companies’ option, the tax revaluation of assets located in the country and that are used for generating taxable income may be made. The special tax on the revaluation amount depends on the asset: 8% is for real estate that does not qualify as inventories, 15% for real estate that qualifies as inventories and 10% for personal property and the remaining assets. Once the option for a given asset is exercised, all the other assets of the same category should be revalued. Taxable income resulting from the revaluation is not subject to income tax and the special tax on the revaluation amount will not be deductible from such tax.

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Dividends

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Dividends

NOTE 43. DIVIDENDS

The Ordinary and Extraordinary Shareholders’ Meeting held on April 24, 2018 approved the financial statements as of December 31, 2017 and the treatment of income for the fiscal year then ended.

The dividends approved by such Shareholders’ Meeting amounted to $1,200,000 (which is equal to $1,616,849 as of December 31, 2018) and represented $0.84 (figure stated in Pesos) per share. The dividends mentioned above were paid to the Group’s shareholders on May 9, 2018.

The Ordinary and Extraordinary Shareholders’ Meeting held on April 25, 2017 approved the financial statements as of December 31, 2016 and the treatment of income for the fiscal year then ended.

The dividends approved by such Shareholders’ Meeting amounted to $240,000 (which is equal to $405,825 as of December 31, 2017) and represented $0.18 (figure stated in Pesos) per share. The dividends mentioned above were paid to the Group’s shareholders on May 9, 2017.

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Earnings Per Share

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Earnings Per Share

NOTE 44. EARNINGS PER SHARE

Earnings per share are calculated by dividing income attributable to the Group’s shareholders by the weighted average of outstanding common shares during the year. As the Group does not have preferred shares or debt convertible into shares, basic earnings are equal to diluted earnings per share.

	12.31.18			12.31.17
Net Income for the Year Attributable to owners of the Parent		(3,465,822	)		6,793,588
Weighted Average Common Shares		1,426,765			1,332,617
Income per Share		(2.43	)		5.10

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Segment Reporting

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Segment Reporting

NOTE 45. SEGMENT REPORTING

The Group determines segments based on management reports that are reviewed by the Board of Directors and updated as they show changes.

Reportable segments are one or more operating segments with similar economic characteristics, distribution channels and regulatory environments.

Below there is a description of each business segment’s composition:

a. Banks: It represents the banking business operation results.

b. Regional Credit Cards: This segment represents the results of operations of the regional credit card business and includes the results of operations of Tarjetas Regionales S.A. consolidated with its subsidiaries, as follows: Cobranzas Regionales S.A., Ondara S.A. and Tarjeta Naranja S.A.

c. Insurance: This segment represents the results of operations of the insurance companies’ business and includes the results of operations of Sudamericana Holding S.A. consolidated with its subsidiaries, as follows: Galicia Retiro Cía. de Seguros S.A., Galicia Seguros S.A. and Galicia Broker Asesores de Seguros S.A.

d. Other Businesses: This segment shows the results of operations of Galicia Administradora de Fondos S.A., Galicia Warrants S.A., Galicia Valores S.A. and Grupo Financiero Galicia S.A., the last two net of eliminations of the income from equity investments. As of December 31, 2017, it as well included the results of operations of Net Investment S.A. (in liquidation).

e. Adjustments: This segment includes consolidation adjustments and eliminations of transactions among subsidiaries.

The operating income (loss) of the Group’s different operating segments is monitored separately in order to make decisions on resource allocation and the evaluation of each segment’s performance. Segment performance is evaluated based on operating income or losses and is consistently measured with the operating income and losses of the consolidated income statement.

Intersegment transactions are at arm’s length similarly to transactions performed with third parties. Income, expenses and income (losses) resulting from the transfers among operating segments are then eliminated from consolidation.

The Group operates in one geographic segment, Argentina.

The relevant segment reporting as of the indicated dates is as follows:

	Banks			Regional Credit Cards			Insurance			Other Businesses			Adjustments			Total as of 12.31.18
Net Income from interest		23,616,496			9,178,072			423,260			117,660			27,975			33,363,463
Net fee Income (Expense)		12,476,489			8,930,089			—			(1,493	)		(1,166,922	)		20,238,163
Net Income from Financial Instruments measured at fair value through Profit or Loss		16,047,772			885,187			21,800			397,959			—			17,352,718
Income from Derecognition of Assets Measured at Amortized Cost		221,639			—			—			—			—			221,639
Gold and Foreign Currency Quotation Differences		3,735,237			(50,793	)		4,139			88,488			—			3,777,071
Other Operating Income (Expense)		6,960,582			3,682,154			163,789			615,585			149,803			11,571,913
Underwriting Income from Insurance Business		—			—			1,612,319			—			1,257,000			2,869,319
Loan and other Receivables Loss Provisions		(10,872,910	)		(5,348,897	)		(77,920	)		—			—			(16,299,727	)
Personnel Expenses		(11,544,850	)		(4,791,219	)		(574,795	)		(115,383	)		—			(17,026,247	)
Administrative Expenses		(10,466,492	)		(4,955,287	)		(408,662	)		(279,696	)		30,983			(16,079,154	)
Depreciation and Impairment of Assets		(1,019,284	)		(533,666	)		(91,474	)		(7,551	)		—			(1,651,975	)
Other Operating Expenses		(12,823,603	)		(4,004,676	)		(402	)		(70,384	)		—			(16,899,065	)
Loss on net monetary position		(11,204,647	)		(3,844,676	)		(560,529	)		(2,453,816	)		—			(18,063,668	)
Operating Income		5,126,429			(853,712	)		511,525			(1,708,631	)		298,839			3,374,450
Share of profit from Associates and Joint Ventures		44,146			—			—			(18,065	)		(26,081	)		—
Income before Taxes from Continuing Operations		5,170,575			(853,712	)		511,525			(1,726,696	)		272,758			3,374,450
Income Tax from Continuing Operations		(6,636,632	)		(1,285,983	)		(309,769	)		1,319,858			—			(6,912,526	)
Net Income from Continuing Operations		(1,466,057	)		(2,139,695	)		201,756			(406,838	)		272,758			(3,538,076	)
Income from Discontinued Operations		(225,501	)		—			—			(34,255	)		—			(259,756	)
Income Tax from Discontinued Operations		(30,306	)		—			—			(1,369	)		—			(31,675	)
Net Income (Loss) for the Year		(1,721,864	)		(2,139,695	)		201,756			(442,462	)		272,758			(3,829,507	)
Other Comprehensive Income (Loss)		(78,249	)		—			(10,555	)		(87,485	)		88,804			(87,485	)
Net Income for the Year Attributable to Non-controlling Interests		59			372			—			—			363,254			363,685
Net Income (Loss) for the Year Attributable to owners of the Parent		(1,800,054	)		(2,139,323	)		191,201			(529,947	)		724,816			(3,553,307	)

	Banks			Regional Credit Cards			Insurance			Other Businesses			Adjustments			Total as of 12.31.17
Net Income from interest		19,724,848			9,550,812			427,948			127,966			42,461			29,874,035
Net fee Income (Expense)		12,163,079			10,028,406			—			(2,847	)		(43,012	)		22,145,626
Net Income from Financial Instruments measured at fair value through Profit or Loss		6,725,615			616,589			(16,744	)		1,130,565			5,313			8,461,338
Gold and Foreign Currency Quotation Differences		3,316,161			17,642			1,986			143,072			—			3,478,861
Other Operating Income		5,082,425			4,057,565			72,879			1,372,584			(1,588,821	)		8,996,632
Underwriting Income from Insurance Business		—			—			1,704,918			7,320			1,602,674			3,314,912
Loan and other Receivables Loss Provisions		(3,898,951	)		(3,272,811	)		—			(122,094	)		—			(7,293,856	)
Personnel Expenses		(11,355,757	)		(5,010,769	)		(551,418	)		(170,728	)		—			(17,088,672	)
Administrative Expenses		(9,287,356	)		(4,516,331	)		(450,112	)		(198,830	)		29,072			(14,423,557	)
Depreciation and Impairment of Assets		(917,564	)		(460,394	)		(48,335	)		(13,147	)		—			(1,439,440	)
Other Operating Expenses		(10,506,788	)		(4,019,688	)		(1,614	)		(77,241	)		105			(14,605,226	)
Loss on net monetary position		(2,629,379	)		(2,140,368	)		(346,257	)		(1,707,292	)		—			(6,823,296	)
Operating Income		8,416,333			4,850,653			793,251			489,328			47,792			14,597,357
Share of profit from Associates and Joint Ventures		2,048,332			—			3,318			—			(1,730,468	)		321,182
Income before Taxes from Continuing Operations		10,464,665			4,850,653			796,569			489,328			(1,682,676	)		14,918,539
Income Tax from Continuing Operations		(4,478,396	)		(2,721,222	)		(411,465	)		292,056			—			(7,319,027	)
Net Income from Continuing Operations		5,986,269			2,129,431			385,104			781,384			(1,682,676	)		7,599,512
Income from Discontinued Operations		—			—			—			—			—			—
Income Tax from Discontinued Operations		(321,760	)		—			—			—			—			(321,760	)
Net Income (Loss) for the Year		5,664,509			2,129,431			385,104			781,384			(1,682,676	)		7,277,752
Other Comprehensive Income (Loss)		(454,753	)		—			23,053			(3,032	)		—			(434,732	)
Net Income for the Year Attributable to Non-controlling Interests		—			105			—			5,866			(490,135	)		(484,164	)
Net Income (Loss) for the Year Attributable to owners of the Parent		5,209,756			2,129,536			408,157			784,218			(2,172,811	)		6,358,856

	Banks		Regional Credit Cards		Insurance		Other Businesses			Adjustments			Total as of 12.31.18
ASSETS
Cash and Due from Banks		142,049,436		1,364,452		55,184		93,007			(252,651	)		143,309,428
Debt Securities at fair value through profit or loss		75,911,796		—		83,476		81,501			(141,610	)		75,935,163
Derivative Financial Instruments		1,785,640		—		—		—			—			1,785,640
Repo Transactions		2,068,076		—		—		—			—			2,068,076
Other Financial Assets		4,691,607		3,677,018		234,656		503,650			(58,999	)		9,047,932
Loans and Other Financing		243,232,186		44,050,906		426,159		(1,887,892	)		(3,111,291	)		282,710,068
Other Debt Securities		13,630,604		—		990,929		(65,632	)		(131,767	)		14,424,134
Financial Assets Pledged as Collateral		10,812,499		4,993		—		—			—			10,817,492
Current Income Tax Assets		2,267,500		11,939		82,004		(2,266,525	)		—			94,918
Investments in Equity Instruments		159,602		—		—		1,452			—			161,054
Equity Investments in Associates and Joint Ventures		397,754		—		—		59,395,513			(59,793,267	)		—
Property, Plant and Equipment		9,869,201		1,806,613		294,461		7,392,310			—			19,362,585
Intangible Assets		3,259,794		645,580		89,798		591,975			—			4,587,147
Deferred Income Tax Assets		—		868,671		99,867		4,437			—			972,975
Assets for Insurance Contracts		—		—		982,502		—			—			982,502
Other Non-financial Assets		798,367		283,307		18,669		1,724,421			5			2,824,769
Non-current Assets Held for Sale		404,106		—		—		203,909			—			608,015
TOTAL ASSETS		511,338,168		52,713,479		3,357,705		65,772,126			(63,489,580	)		569,691,898
LIABILITIES
Deposits		361,445,778		—		—		—			(1,348,503	)		360,097,275
Liabilities at Fair Value Through Profit or Loss		2,685,471		—		—		—			(540,807	)		2,144,664
Derivative Financial Instruments		1,835,789		—		—		—			—			1,835,789
Repo Transactions		1,948,559		—		—		—			—			1,948,559
Other Financial Liabilities		40,976,456		23,419,918		—		36,311			(1,197,643	)		63,235,042
Loans from the Argentine Central Bank and Other Financial Institutions		17,490,792		1,955,180		56		—			—			19,446,028
Debt Securities Issued		15,527,765		14,979,260		—		—			(523,372	)		29,983,653
Current Income Tax Liabilities		5,442,791		38,137		203,147		(2,226,466	)		—			3,457,609
Subordinated Debt Securities		9,767,874		—		—		—			—			9,767,874
Provisions		1,248,998		64,997		78,328		57,000			—			1,449,323
Deferred Income Tax Liabilities		289,493		—		106,709		1,507,444			—			1,903,646
Liabilities for Insurance Contracts		—		—		1,146,515		—			(43,295	)		1,103,220
Other Non-financial Liabilities		8,709,240		2,122,183		420,273		246,661			(26,827	)		11,471,530
TOTAL LIABILITIES		467,369,006		42,579,675		1,955,028		(379,050	)		(3,680,447	)		507,844,212

	Banks		Regional Credit Cards		Insurance		Other Businesses			Adjustments			Total as of 12.31.17
ASSETS
Cash and Due from Banks		86,314,938		801,270		34,593		91,521			(197,441	)		87,044,881
Debt Securities at fair value through profit or loss		39,232,822		370,046		1,060,464		2,349,286			(264,821	)		42,747,797
Derivative Financial Instruments		775,674		—		—		17,183			(17,183	)		775,674
Repo Transactions		14,286,336		—		—		—			—			14,286,336
Other Financial Assets		6,035,372		3,202,795		278,548		1,107,730			(285,189	)		10,339,256
Loans and Other Financing		237,690,649		47,421,104		20,631		19,375			(797,000	)		284,354,759
Other Debt Securities		3,306,706		—		688,814		263,322			(76,305	)		4,182,537
Financial Assets Pledged as Collateral		9,339,920		6,868		—		—			—			9,346,788
Current Income Tax Assets		1,856,223		30,227		126,227		(1,873,897	)		(4,040	)		134,740
Investments in Equity Instruments		111,923		—		—		—			—			111,923
Equity Investments in Associates and Joint Ventures		10,340,901		—		—		63,094,393			(73,435,294	)		—
Property, Plant and Equipment		16,203,040		1,724,338		271,373		10,264			—			18,209,015
Intangible Assets		1,098,519		532,156		94,136		103			—			1,724,914
Deferred Income Tax Assets		—		705,405		52,556		4,609			—			762,570
Assets for Insurance Contracts		—		—		1,021,703		—			—			1,021,703
Other Non-financial Assets		3,097,128		286,272		5,308		355,961			(6,539	)		3,738,130
Non-current Assets Held for Sale		8,506,288		—		—		2,353,803			—			10,860,091
TOTAL ASSETS		438,196,439		55,080,481		3,654,353		67,793,653			(75,083,812	)		489,641,114
LIABILITIES
Deposits		296,596,968		—		—		—			(229,612	)		296,367,356
Derivative Financial Instruments		863,514		—		—		—			(17,183	)		846,331
Repo Transactions		1,670,059		—		—		—			—			1,670,059
Other Financial Liabilities		31,345,885		24,409,668		—		291,371			(696,125	)		55,350,799
Loans from the Argentine Central Bank and Other Financial Institutions		11,410,915		490,169		—		(282,083	)		(699	)		11,618,302
Debt Securities		6,627,223		13,999,030		5,111		(11,074	)		(341,125	)		20,279,165
Current Income Tax Liabilities		3,862,407		1,028,814		237,944		(1,550,636	)		—			3,578,529
Subordinated Debt Securities		7,128,356		—		—		—			—			7,128,356
Provisions		665,288		71,258		82,382		78,332			—			897,260
Deferred Income Tax Liabilities		1,941,104		—		61,587		85,849			—			2,088,540
Liabilities for Insurance Contracts		—		—		1,195,647		34,704			(34,704	)		1,195,647
Other Non-financial Liabilities		15,177,593		2,230,117		402,746		2,642,765			689,233			21,142,454
TOTAL LIABILITIES		377,289,312		42,229,056		1,985,417		1,289,228			(630,215	)		422,162,798

	Banks		Regional Credit Cards		Insurance		Other Businesses		Adjustments			Total as of 01.01.17
ASSETS
Cash and Due from Banks		120,510,951		855,572		117,750		165,275		(465,569	)		121,183,979
Debt Securities at fair value through profit or loss		27,893,048		137,324		1,912,151		275,098		(1,399,877	)		28,817,744
Derivative Financial Instruments		229,436		—		—		—		—			229,436
Other Financial Assets		3,118,715		3,919,010		231,213		613,070		(1,162,427	)		6,719,581
Loans and Other Financing		195,873,323		48,933,879		47,379		2,436,269		(1,587,429	)		245,703,421
Other Debt Securities		1,860,045		—		381,793		942,014		—			3,183,852
Financial Assets Pledged as Collateral		9,870,728		224,692		—		173		—			10,095,593
Current Income Tax Assets		3,967		27,474		182,291		21,199		—			234,931
Investments in Equity Instruments		125,962		—		—		61,173		—			187,135
Equity Investments in Associates and Joint Ventures		9,614,493		—		27,115		2,325,267		(11,680,073	)		286,802
Property, Plant and Equipment		14,289,988		1,716,579		289,207		52,586		—			16,348,360
Intangible Assets		1,109,456		485,282		63,345		2,710		—			1,660,793
Deferred Income Tax Assets		—		942,720		64,865		27,675		—			1,035,260
Assets for Insurance Contracts		—		—		960,393		28,330		—			988,723
Other Non-financial Assets		2,369,045		169,999		19,509		375,930		85,185			3,019,668
Non-current Assets Held for Sale		10,593,323		—		—		67,191		258,602			10,919,116
TOTAL ASSETS		397,462,480		57,412,531		4,297,011		7,393,960		(15,951,588	)		450,614,394
LIABILITIES
Deposits		277,560,473		—		—		—		(482,911	)		277,077,562
Derivative Financial Instruments		264,172		217,832		—		9,297		(200,917	)		290,384
Repo Transactions		3,030,473		—		—		—		—			3,030,473
Other Financial Liabilities		31,465,537		25,149,569		—		1,354,339		(874,669	)		57,094,776
Loans from the Argentine Central Bank and Other Financial Institutions		8,647,524		3,991,530		12,948		420,188		(355,045	)		12,717,145
Debt Securities		8,731,727		13,536,489		—		955,820		(1,375,576	)		21,848,460
Current Income Tax Liabilities		1,824,390		750,927		443,077		140,949		—			3,159,343
Subordinated Debt Securities		7,490,444		—		—		—		—			7,490,444
Provisions		467,831		89,496		54,048		97,838		—			709,213
Deferred Income Tax Liabilities		1,667,167		—		51,870		124,560		—			1,843,597
Liabilities for Insurance Contracts		—		—		1,229,435		—		(75,273	)		1,154,162
Other Non-financial Liabilities		15,379,938		2,299,474		522,863		547,281		(223,599	)		18,525,957
TOTAL LIABILITIES		356,529,676		46,035,317		2,314,241		3,650,272		(3,587,990	)		404,941,516

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Capital Management and Risk Policies

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Capital Management and Risk Policies

NOTE 46. CAPITAL MANAGEMENT AND RISK POLICIES

The tasks related to risk information and internal control of each of the companies controlled by Grupo Financiero Galicia are defined and carried out rigorously by each of them.

Apart from applicable local regulations, Grupo Financiero Galicia S.A., in its capacity as a listed company in the United States of America, complies with the certification of its internal controls pursuant to Section 302 of the Sarbanes Oxley Act (Sarbanes Oxley). Corporate risk management is monitored by the Audit Committee, which as well gathers and analyzes the information submitted by the main controlled companies.

As concerns risks, Banco Galicia embraces a policy that takes into consideration several aspects of the business and operations, abiding by the main guidelines of internationally accepted standards.

The specific function of the comprehensive management of Banco Galicia’s risks has been allocated to the Risk Division, guaranteeing its independence from the rest of the business areas since it directly reports to the Bank’s General Division and, at the same time, is involved in the decisions made by each area. In addition, the control and prevention of risks related to money laundering, funding of terrorist activities and other illegal activities are allocated to the Prevention of Asset Laundering Division, which reports to the Board of Directors. The aim of both divisions is to guarantee the Board of Directors is fully aware of the risks that the Bank is exposed to, and to design and propose policies and procedures necessary to identify, assess, follow up, control and mitigate such risks.

A Risk Appetite framework has been specified, which has risk acceptance levels, both on an individual and a consolidated basis. Metrics have been defined within such framework, which are monitored in order to detect situations that may affect the normal course of business, the noncompliance with the strategy and undesired results and/or situations of vulnerability in the face of changes in market conditions. The Risk and Capital Allocation Committee considers and controls the Bank’s risk profile through a risk appetite report, and defines the actions to be carried out in case of potential deviations from the thresholds set.

Capital Management

The Company’s goals are to generate returns to its shareholders, benefits to other groups of interest and keep the best capital structure. The latter will be given by the needs for investment in subsidiaries and new ventures, keeping the expected profitability levels and complying with the liquidity and solvency goals set.

Banco Galicia’s subsidiary determines the minimum capital requirement for each risk, in accordance with Argentine Central Bank regulations. The capital risk management is cross-sectional with respect to the other risks. Senior management is responsible for monitoring, overseeing, adjusting and ensuring compliance with its stated goals concerning capital management.

The Capital Adequacy Assessment Process (Proceso de Evaluación de Suficiencia de Capital - PESC) (reflected in the Capital Adequacy Report - IAC, as per its acronym in Spanish) enables to assess the relationship between own resources available and necessary resources to maintain an appropriate risk profile. This process also allows for the identification of both the economic capital needs and the sources to meet such needs.

To perform stress tests, four scenarios with different likelihood of occurrence are defined, which could affect the solvency and liquidity. The most-likely to occur scenarios are used in management stress testing and are referred to when defining Risk Appetite thresholds. The least-likely to occur or least-severe scenarios are used in developing the Recovery Plan, which specifies the protocol defined for situations or events that may compromise the Bank’s operational capacity.

As of December 31, 2018 and December 31, 2017, Banco Galicia complied with the minimum capital requirement established by the Argentine Central Bank regulations.

Computable Regulatory Capital (R.P.C., as per the initials in Spanish) is made up of Core Capital and Supplementary Capital. Banco Galicia’s balance for such items as of December 31, 2018 and December 31, 2017 is as follows:

	12.31.18			12.31.17
Core Capital		36,584,326			22,581,424
Tier 1 Common Capital		41,863,969			26,244,839
(Deductible Items)		(5,279,643	)		(3,663,415	)
Additional Tier 1 Capital
Supplementary Capital		12,745,132			6,947,945
Tier 2 Capital		12,745,132			6,947,945
(Deductible Items)
Computable Regulatory Capital (R.P.C.)		49,329,458			29,529,369

The breakdown of the minimum capital requirement determined for the Group is shown below:

	12.31.18		12.31.17
Credit Risk		22,170,572		17,263,077
Market Risk		969,226		1,126,159
Operational Risk		4,023,443		4,220,503
Minimum Capital Requirement		27,163,241		22,609,739
Paid-in		49,329,458		29,529,369
Excess		22,166,217		6,919,630

Financial Risks

Financial risk is a phenomenon inherent to the financial brokerage activity. The exposure to the different financial risk factors is a natural circumstance that cannot be completely avoided without affecting the Group’s long-term economic viability. However, the lack of management with regard to risk exposures is one of the most significant short-term threats. Risk factors need to be identified and managed within a specific policy framework that envisages the profile and the level of risk it has been decided to take to achieve long-term strategic goals.

Market Risk

The “price risk” is the possibility of incurring losses as a consequence of the variation of the market price of financial assets whose value is subject to negotiation. Financial assets subject to “trading” or allocated to “own positions” will be government and private debt securities, shares, currencies, derivatives and debt instruments issued by the Argentine Central Bank.

Brokerage/trading transactions that are allowed and regulated by the Policy are as follows:

• Brokerage of Government and Provincial Securities.

• Brokerage of Currencies on the Spot and Futures Markets

• Brokerage of Interest Rate Derivatives. Interest Rate Futures and Interest Rate Swaps.

• Brokerage of Debt Instruments Issued by the Argentine Central Bank.

• Brokerage of Third-party Debt securities.

• Brokerage of Shares.

For the fiscal year 2018, the following limits were established, within which the estimated risk for each type of instrument described above should be classified:

Risk	Policy on Limits
Currency	$	78 million
Fixed-Income	$	61 million
Interest Rate Derivatives	$	110 million
Variable Income	$	1 million

The “price risk” (market) is daily managed according to the strategy approved, the purpose of which is to keep the Group present in the different currencies, variable- and fixed-income and derivatives markets, while obtaining the maximum return as possible on brokerage, without exposing the latter to excessive risk levels. Finally, the designed policy contributes to providing transparency and facilitates the perception of the risk levels to which it is exposed. In order to measure and monitor risks derived from the variation in the price of financial instruments that form the trading or brokerage securities portfolio, a model known as “Value at Risk” (also known as “VaR”) is used. This model determines the possible loss that could be generated by different financial instruments at each time under the following critical parameters.

Currency Risk

The Group’s exposure to the foreign exchange risk as of year-end by type of currency is shown below:

Currency	Balances as of 12.31.18
Currency	Monetary Financial Assets			Monetary Financial Liabilities			Derivatives			Net Position
U.S. Dollar		196,546			(199,229	)		101			(2,582	)
Euro		(557	)		1,998			—			1,441
Canadian Dollar		(9	)		42			—			33
Real		—			—			—			—
Swiss Franc		(13	)		21			—			8
Others		(2	)		49			—			47
Total		195,965			(197,119	)		101			(1,053	)
Currency	Balances as of 12.31.17
Currency	Monetary Financial Assets			Monetary Financial Liabilities			Derivatives			Net Position
U.S. Dollar		126,277			(120,163	)		(4,155	)		1,959
Euro		793			(208	)		—			585
Canadian Dollar		30			(6	)		—			24
Real		18			—			—			18
Swiss Franc		16			(9	)		—			7
Others		32			(1	)		—			31
Total		127,166			(120,387	)		(4,155	)		2,624

Currency	Change			Balances as of 12.31.18						Balances as of 12.31.17
Currency	Change			Income (Loss)			Shareholders’ Equity			Income (Loss)			Shareholders’ Equity
U.S. Dollar		10	%		(258	)		(2,848	)		196			2,154
		-10	%		258			(2,323	)		(196	)		1,763
Euro		10	%		143			1,575			59			644
		-10	%		(143	)		1,289			(59	)		527
Canadian Dollar		10	%		3			366			3			27
		-10	%		(3	)		30			(3	)		21
Real		10	%		—			—			1			21
		-10	%		—			—			(1	)		16
Swiss Franc		10	%		1			9			—			7
		-10	%		(1	)		7			—			6
Others		10	%		5			53			3			35
		-10	%		(5	)		43			(3	)		30

Interest Rate Risk

The different sensitivity of assets and liabilities to changes in “market interest rates” exposes the Group to the “interest rate risk”. It is the risk that the financial margin and the economic value of equity may vary as a consequence of fluctuations in market interest rates. The magnitude of such variation is associated with the sensitivity to interest rates of the structure of the Group’s assets and liabilities.

This risk factor (the change in interest rates) has an impact on two key variables: the “Net Financial Income (Expense)” and the “Present Value of Shareholders’ Equity”.

These methodologies imply a “short-term” approach for which a “base scenario” is subject to an increase in “interest rates” estimating the variation in “Financial Income (Expense)”. Caps on such changes in variables subject to control are fixed. As regards the “long-term” approach, statistical interest rate simulations are made and a “critical” scenario results from the interest rate risk exposure presented by the financial statements structure. The economic capital arises from the resulting difference between the “critical” scenario and the market value as per the financial statements.

The Group’s exposure to the interest rate risk is detailed below. This table shows the residual value of assets and liabilities, classified by the sooner of the interest renegotiation date or the maturity date.

	Term (in Days)												Total
Assets and Liabilities at Variable Rate	Up to 30 days			30 to 90		90 to 180		180 to 365		Over 365			Total
As of 12.31.18
Total Financial Assets		205,717,873			31,633,572		33,104,131		43,318,473		168,405,494			482,179,543
Total Financial Liabilities		317,505,256			27,996,087		7,287,605		4,351,288		90,658,702			447,798,938
Net Amount		(111,787,383	)		3,637,485		25,816,526		38,967,185		77,746,792			34,380,605
As of 12.31.17
Total Financial Assets		229,078,934			48,709,932		38,560,371		41,915,133		22,166,248			380,430,618
Total Financial Liabilities		247,229,636			30,430,892		8,610,522		7,702,696		69,461,219			363,434,965
Net Amount		(18,150,702	)		18,279,040		29,949,849		34,212,437		(47,294,971	)		16,995,653

The table below shows the sensitivity to potential additional changes in interest rates in the next fiscal year, taking into account the breakdown as of December 31, 2018. The percentage change budgeted by the Group for fiscal year 2018 was determined considering 100 bps and changes are considered reasonably possible on the basis on an observation of market conditions.

	Additional Changes to the Interest Rate		Increase/(Decrease) in Income before Income Tax in Pesos			Increase/(Decrease) in Shareholders’ Equity in Pesos
Decrease in Interest Rate		-100 bps		(144,653	)		-0.4	%
Increase in Interest Rate		+100 bps		144,653			0.4	%

Liquidity Risk

It contemplates the risk that the Group is unable to offset or liquidate a position at market value because:

• the assets that are part thereof do not have a sufficient secondary market; or

• market changes.

In measuring and daily following up the “stock liquidity” an internal model is used, which contemplates the characteristics of behavior of the Group’s main funding sources. Based on the Group’s experience in connection with the changes in deposits and other liabilities, this model determines the “liquidity requirements” applied to liabilities subject to the policy and give rise to the “Management Liquidity Requirement”. In determining these liquid resources, the remaining term of liabilities is also contemplated, as well as the currency in which they are denominated. The resulting liquidity requirement is allocated to “eligible assets” set by the policy. The management liquidity requirement, along with the legal minimum cash requirements, are part of the total liquidity available.

Daily liquidity management is supplemented by the estimated available funds or needs for the day, considering the opening balance of Argentine Central Bank’s account, deducting the daily minimum requirement and including the main movements for the day. The latter results in the overestimated/underestimated balance that will be taken into account by operators in order to place funds or meet the financing needs.

The monthly liquidity follow-up and control from the “flow” standpoint, called “liquidity mismatch/liquidity gap”, are performed by estimating the accumulated mismatches within the first year as a percentage of total liabilities. The gap methodology used (contractual gaps) is consistent with the best international practices in the field.

In addition, the concentration of deposits is followed up and measured. In order to mitigate this risk factor, the policy designed restricts the involvement of two groups of customers to the total deposits: the first 10 customers and second 50 customers.

The table below shows an analysis of maturities of assets and liabilities, determined on the basis of the remaining period as of December 31, 2018 and December 31, 2017, based on undiscounted cash flows:

	Less than 1 Month		1 to 6 Months		6 to 12 Months		12 Months to 5 Years		More than 5 Years		Total as of 12.31.18
Assets
Debt Securities measured at Fair Value through Profit or Loss		76,849,406		249,268		373,823		1,035,345		157,067		78,664,909
Derivative Financial Instruments		1,785,640		—		—		—		—		1,785,640
Repo Transactions		2,112,250		—		—		—		—		2,112,250
Other Financial Assets		9,056,190		—		—		—		—		9,056,190
Loans and Other Financing		93,109,786		102,383,777		55,974,479		65,838,369		9,507,527		326,813,938
Other Debt Securities		14,491,625		—		—		—		—		14,491,625
Financial Assets Pledged as Collateral		10,817,492		—		—		—		—		10,817,492
Investments in Equity Instruments		161,064		—		—		—		—		161,064
Liabilities
Deposits		334,200,194		29,585,189		3,188,378		76,741		36		367,050,538
Liabilities at fair value through profit or loss		2,144,664		—		—		—		—		2,144,664
Derivative Financial Instruments		1,835,789		—		—		—		—		1,835,789
Repo Transactions		1,948,559		—		—		—		—		1,948,559
Other Financial Liabilities		63,065,272		27,072		33,365		146,180		7,145		63,279,034
Loans from the Argentine Central Bank and Other Financial Institutions		7,013,910		8,149,083		3,181,270		7,455,499		72,524		25,872,286
Debt Securities		1,301,031		7,657,224		13,262,785		26,226,582		1,260,277		49,707,899
Subordinated Debt Securities		384,557		—		384,557		3,378,758		11,422,006		15,569,878
	Less than 1 Month		1 to 6 Months		6 to 12 Months		12 Months to 5 Years		More than 5 Years		Total as of 12.31.17
Assets
Debt Securities measured at Fair Value through Profit or Loss		40,822,900		316,471		156,817		1,423,261		197,466		42,916,915
Derivative Financial Instruments		775,674		—		—		—		—		775,674
Repo Transactions		14,286,336		—		—		—		—		14,286,336
Other Financial Assets		10,214,745		—		—		—		—		10,214,745
Loans and Other Financing		94,765,477		100,466,108		50,269,774		66,942,156		8,623,630		321,067,145
Other Debt Securities		3,999,205		—		—		—		—		3,999,205
Financial Assets Pledged as Collateral		9,346,788		—		—		—		—		9,346,788
Liabilities
Deposits		269,207,286		24,546,832		7,021,479		145,716		—		300,921,313
Derivative Financial Instruments		846,331		—		—		—		—		846,331
Repo Transactions		1,670,059		—		—		—		—		1,670,059
Other Financial Liabilities		57,997,972		—		—		—		—		57,997,972
Loans from the Argentine Central Bank and Other Financial Institutions		14,142,054		17,263,524		3,285,039		6,949,390		202,647		41,842,654
Debt Securities		—		2,620,071		1,564,903		22,520,599		—		26,705,573
Subordinated Debt Securities		257,269		7,163,107		—		—		—		7,420,376

Credit Risk

Credit risk arises from the possibility of suffering losses due to a debtor’s or counterparty’s noncompliance with its contractual obligations. It is the one that requires the greatest need for capital, including that arising from the risk of individual and sectorial concentration, which represents supplementary approximations to the intrinsic credit risk.

Accordingly, the Group uses credit assessment and risk monitoring tools that allow the entity to manage risks in a streamlined and controlled manner and that foster the adequate diversification of portfolios, both on an individual basis and by economic sector, thus controlling its exposure to potential risks.

The credit quality of debt securities as of December 31, 2018 is as follows:

	Government Securities
Rating	Government Bonds		Provincial Bonds		Autonomous City of Buenos Aires Bonds		Treasury Bills		Argentine Central Bank’s Bills		Private Securities		Total
AAA		1,473,352		—		—		2,116,944		—		78,658		3,668,954
Aaa		—		—		—		—		—		36,622		36,622
Aaa.ar		—		—		—		—		—		196,475		196,475
AA+		—		—		37,166		—		—		20,875		58,041
AA		—		—		—		—		—		283,224		283,224
AA(arg)		—		—		—		—		—		11,161		11,161
raAA		—		447,942		—		—		—		—		447,942
AA-		—		—		—		—		—		276		276
A+		—		—		—		1,071		—		141,125		142,196
A1.ar		—		—		—		—		—		14,063		14,063
A		—		—		—		70,350		—		3,047		73,397
A(arg)		—		—		—		—		—		29,450		29,450
A-		—		—		—		—		—		41,041		41,041
A3.ar		—		146,997		—		—		—		—		146,997
BBB+		—		—		—		—		—		1,326		1,326
Baa1.ar		—		—		5,073		—		—		9,775		14,848
BBB		11,544		9,110		—		—		—		26,956		47,610
BBB(arg)		—		—		—		—		—		31,173		31,173
BBB-		—		266,229		—		—		—		—		266,229
Baa3.ar		—		113,517		—		—		—		—		113,517
B+		511		—		—		—		—		—		511
B-		—		—		—		—		—		3,098		3,098
CCC(arg)		—		—		—		—		—		209,248		209,248
No Rating		—		—		—		—		70,097,764		—		70,097,764
Total		1,485,407		983,795		42,239		2,188,365		70,097,764		1,137,593		75,935,163

The credit quality of debt securities as of December 31, 2017 is as follows:

	Government Securities
Rating	Government Bonds		Provincial Bonds		Autonomous City of Buenos Aires Bonds		Treasury Bills		Argentine Central Bank’s Bills		Private Securities		Total
AAA		1,252,988		—		—		7,848,448		—		224,986		9,326,422
AAA(arg)		—		—		—		—		—		33,736		33,736
Aaa		—		—		—		—		—		565		565
raAAA		—		—		—		—		—		37,322		37,322
Aaa.ar		—		—		—		—		—		117,712		117,712
AA+		—		—		1,030,605		—		—		122,603		1,153,208
AA		—		—		—		—		—		864,685		864,685
AA(arg)		—		—		—		—		—		54,610		54,610
Aa2.ar		—		—		—		—		—		56,894		56,894
AA-		—		—		35,488		—		—		274,928		310,416
Aa3.ar		—		—		—		—		—		13,338		13,338
A+		—		—		—		—		—		188,641		188,641
A1.ar		—		—		—		—		—		21,456		21,456
A		—		—		—		—		—		24,040		24,040
A(arg)		—		—		—		—		—		104,592		104,592
A2.ar		—		—		—		—		—		3,783		3,783
A-		—		—		—		—		—		55,729		55,729
A3.ar		—		279,262		—		—		—		—		279,262
BBB+		—		—		—		—		—		4,483		4,483
Baa1.ar		—		—		65,677		—		—		216,292		281,969
BBB		—		1,104		—		—		—		—		1,104
raBBB		—		—		—		—		—		1,506		1,506
Baa2.ar		—		24,140		—		—		—		—		24,140
BBB-		—		1,289,436		—		—		—		—		1,289,436
Baa3.ar		—		2,096,012		—		—		—		—		2,096,012
B2.ar		—		—		—		—		—		5,348		5,348
B-		—		—		—		—		—		29,711		29,711
No Rating		—		—		—		—		26,367,677		—		26,367,677
Total		1,252,988		3,689,954		1,131,770		7,848,448		26,367,677		2,456,960		42,747,797

Summary of credit risk

The following disclosure presents the gross carrying/nominal amount of financial instruments to which the impairment requirements in IFRS 9 are applied and the associated allowance for ECL.

Loans classified as uncollectible for 7 months are eliminated from the Group’s assets and are recognized in “Off-Balance Sheet Items”.

The credit quality related to loans granted is detailed in Schedule B.

The breakdown by term of “Net Loans and Other Financing” is detailed in Schedule D.

Impairment of financial assets

The “Expected Credit Loss” (“ECL”) model applies to financial assets which are valued at both amortized cost and fair value through OCI.

The standard establishes three categories to classify financial instruments, primarily taking into account the credit risk evolution over time. Stage 1 includes financial assets with normal or no significant risk associated; Stage 2 includes financial assets for which a significant increase in credit risk (“SICR”) has been identified but they are not yet deemed to be credit-impaired and Stage 3 comprises financial assets which are impaired and/or subject to serious risk of impairment.

To calculate the provisions for credit impairment risk, IFRS 9 differentiates between each of the three stages. The resulting concepts are explained as follows:

• Expected Credit Losses within a 12-month period: possible events of default within the 12 months following the date of the presentation of financial statements. Assets included in Stage 1 have their ECL measured at 12 month ECL.

• Lifetime Expected Credit Losses: ECL during the active period of the financial asset, which results of calculating the probability of impairment of an asset throughout its duration, up until its maturity. Instruments in Stage 2 or 3 have their ECL measured based on lifetime ECL.

A pervasive concept in measuring ECL in accordance with IFRS 9 is that it should consider forward looking information. The Group has included below an explanation on how it has incorporated this in its ECL models.

Grouping of instruments for losses measured on a collective basis

For expected credit loss provisions modelled on a collective basis, a grouping of exposures is performed on the basis of shared risks characteristics, such that risk exposures within group are homogeneous. In performing this grouping, there must be sufficient information for the group to be statistically credible. Where sufficient information is not available internally, the Group has considered benchmarking internal/external supplementary data to use for modelling purposes. The Group has identified four groupings: Retail, Retail-like, Wholesale and Tarjeta Naranja, amongst these four segments the Group estimates parameters in a more granular way based on the shared risk characteristics.

Stage classification

Each subsidiary of Grupo Galicia classifies financial instruments subject to impairment under IFRS 9 in stages, as follows:

• Stage 1: in the case of retail portfolios, it includes every operation up to 31 days past due. In the case of wholesale portfolios, it considers every client whose Central Bank of the Argentine Republic (B.C.R.A.) situation indicates a normal status (A¹) (i.e. low risk of bankruptcy).

• Stage 2: considers two groups:

• Portfolios between 31 and 90 days past due.

• Probability of Default (“PD”) or Score with impairment risk.

• For wholesale, it considers credit ratings for which the risk of default has increased significantly.

• Stage 3: For retail portfolios, it includes every operation amounting 90 or more days past due. For wholesale portfolios, it considers every client whose B.C.R.A. situation indicates serious risk of bankruptcy (C, D, E, F).

¹  The analysis of the customer’s cash flow shows that it is capable of attend adequately all its financial commitments.

Significant Increase in credit risk

The Group considers a financial instrument to have experienced a significant increase in credit risk when any of the following conditions exist:

Retail Portfolio
Lifetime PD band at initial recognition	Extra conditions to be considered stage 2
<6%	-Cure
	-Between 30 and 90 past due days
>6%	-It does not apply to defaulted clients
Retail-like portfolio
Rating Ranges	Extra conditions to be considered stage 2
	-Cure
A, AA, AA+, B, BB, BBB	-Between 30 and 90 past due days
C, CC, CCC	-It does not apply to defaulted clients
Wholesale portfolio
Rating Ranges	Extra conditions to be considered stage 2
A, AA, AA+, B, BB, BBB	- B.C.R.A. situation B1
C, CC, CCC	-It does not apply to defaulted clients

Definition of Default

A financial asset is considered to be in default whenever a payment is more than 90 days past due, or if the Company considers the payment will not be fully reimbursed.

However, given the credit analysis for wholesale loans is not managed and classified the same way as retail loans, the default definition associated to wholesale portfolios is ultimately linked to the individual analysis provided by credit analysts.

The default definition has been applied consistently to model the Probability of Default (PD), Exposure at Default (EAD) and Loss given Default (LGD) throughout the Group’s expected loss calculations:

• Probability of Default (“PD”): it represents the likelihood of a borrower defaulting on its financial obligation (as per the definition of default included above), either over the next 12 months or the remaining lifetime of the obligation.

• Exposure at the moment of Default (“EAD”): it is based on the amounts the Group expects to be owed at the time of default, over the next 12 months or over the remaining lifetime. For example, for a revolving commitment, the Group includes the current draw down balance plus any further amount that it is expected to be drawn up to the current contractual limit by the time of default, should it occurred.

• Loss given Default (“LGD”): represents the Group´s expectation of the extent of loss on a defaulted exposure. LGD varies by type of counterparty, type of seniority of claim and availability of collateral or other credit support. LGD is expressed as a percentage loss per unit of exposure at the time of default. LGD is calculated on a 12 month or lifetime basis, where 12-month LGD is the percentage of loss expected to be made if a default occurs in the next 12 months and Lifetime LGD is the percentage of loss expected to be made if a default occurs over the remaining expected lifetime of the loan.

An instrument is considered to no longer be in default when it no longer meets any of the default criteria above mentioned.

Methodology for Expected Credit Loss estimation

Expected credit loss impairment allowances recognized in the financial statements reflect the effect of a range of possible economic outcomes, calculated on a probability-weighted basis, based on the economic scenarios described below. The recognition and measurement of expected credit losses (‘ECL’) involves the use of significant judgment and estimation. It is necessary to formulate multiple forward-looking economic forecasts and incorporate them into the ECL estimates. Grupo Galicia uses a standard framework to form economic scenarios to reflect assumptions about future economic conditions, supplemented with the use of management judgment, which may result in using alternative or additional economic scenarios and/or management adjustments.

IFRS 9 establishes the following standards regarding the estimation of credit loss:

• An unbiased weighted probability index, determined by the evaluation of different outcomes.

• Time value of money

• Reasonable and sustainable information available at no additional cost or effort that provides evidence to support forecasts, as well as present conditions and past events.

According to IFRS 9, the company prepared three different scenarios with different probabilities: a central scenario with 70 % probability of occurrence, a downside scenario with 15 % probability of occurrence and an upside scenario with 15 % probability of occurrence.

In order to account for time value of money, the Company assumes expected losses will take place according to the PD behavior.

The ECL is determined by projecting the PD, EAD and LGD for each future month or collective segment. These three components are multiplied together and adjusted for forward looking information. This effectively calculates an ECL for each future month, which is then discounted back to the reporting date and summed. The discount rate used in the ECL calculation is the original effective interest rate or an approximation thereof.

Key macroeconomic variables used in the scenarios described below are shown in the table:

Macroeconomic Variable Projections		QI - 2019			QII - 2019			QIII - 2019			QIV - 2019
Monthly Estimator of Economic Activity (EMAE)	Base		-7.7	%		-1.7	%		-1.2	%		1.4	%
	Upside		-6.6	%		0.6	%		2.3	%		6.2	%
	Downside		-8.5	%		-3.3	%		-3.5	%		-1.8	%
Inflation Rate (IPC)	Base		47.3	%		43.8	%		32.4	%		25.0	%
	Upside		43.5	%		38.0	%		26.0	%		20.0	%
	Downside		47.7	%		46.3	%		41.7	%		40.0	%
Exchange Rate	Base		99.2	%		58.5	%		14.3	%		20.0	%
	Upside		96.3	%		54.6	%		9.9	%		15.3	%
	Downside		115.8	%		84.3	%		40.6	%		56.7	%
Unemployment Rate	Base		13.1	%		4.0	%		0.3	%		-4.3	%
	Upside		10.4	%		-0.9	%		-7.6	%		-15.7	%
	Downside		22.9	%		22.5	%		30.0	%		38.6	%
(Badlar)	Base		79.7	%		22.7	%		-16.4	%		-29.2	%
	Upside		71.0	%		9.6	%		-30.7	%		-45.8	%
	Downside		102.7	%		57.0	%		21.2	%		14.6	%
Real Salary	Base		-9.5	%		-7.1	%		1.0	%		2.4	%
	Upside		-8.8	%		-6.5	%		2.6	%		4.3	%
	Downside		-11.2	%		-11.3	%		-5.1	%		-5.2	%
PIB	Base		-7.0	%		-1.5	%		-0.1	%		2.6	%
	Upside		-2.3	%		1.5	%		2.9	%		6.2	%
	Downside		-7.1	%		-3.7	%		-3.5	%		-1.8	%
Current Account	Base		-64.9	%		-87.2	%		-45.0	%		19.1	%
	Upside		-50.7	%		-86.8	%		-64.5	%		44.9	%
	Downside		-54.6	%		-97.8	%		-92.9	%		-77.8	%

This variations were calculated bases on data from December-2018

Scenario Probabilities	Base			Optimistic			Pessimistic
Retail, Retail like and Wholesale		70	%		15	%		15	%
Tarjeta Naranja		70	%		15	%		15	%

Grupo Galicia has also carried out sensitivity analysis to assess the impact of volatility on macroeconomic variables on the result of the expected credit losses.

Scenario 1 (change in the probability of the macroeconomic scenarios)	Base scenario			Sensitivity
Regular scenario		70.0	%		45.0	%
Positive scenario		15.0	%		10.0	%
Negative scenario		15.0	%		45.0	%
GFG ECL		15,782,416			16,547,663
Retail, Retail like and Wholesale ECL		10,475,119			10,596,393
Naranja ECL		5,307,297			5,497,757

Scenario 2 (change in forecast PIB, inflation, nominal exchange rate, unemployment, current account)	Regular scenario			Positive scenario			Negative scenario
Macroeconomic scenario probability		70.0	%		15.0	%		15.0	%
				Sensivity
PIB		1.86	%		4.73	%		-6.75	%
Inflation		35	%		25	%		50	%
Nominal exchange rate		29.87	%		20.00	%		81.82	%
Unemployment		5	%		10	%		20	%
Current account		-11.21	%		-29.25	%		-82	%
GFG ECL					16,515,901
Retail, Retail like and Wholesale ECL					11,193,327
Naranja ECL					5,322,574

Percentages refer to increase/decrease against real December 2018.

Maximum exposure to credit risk

Unless identified at an earlier stage, all financial assets are deemed to have suffered a significant increase in credit risk when they are 30 days past due (“DPD”) and are transferred from stage 1 to stage 2. The following disclosure presents the ageing of stage 2 financial assets. It distinguishes those assets that are classified as stage 2 when they are less than 30 days past due (1-29 DPD) from those that are more than 30 DPD (30 and >DPD). Past due financial instruments are those loans where customers have failed to make payments in accordance with the contractual terms of their facilities.

The following table contains an analysis of the credit risk exposure of financial instruments for which an ECL allowance is recognized.

	Retail Portfolio
	December 31, 2018								December 31, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month ECL		Lifetime ECL		Lifetime ECL
Days past due
0		80,123,131		10,386,495		—		90,509,626		102,251,974
1-30		2,220,365		1,200,510		—		3,420,875		3,432,010
31-60		—		1,523,320		—		1,523,320		1,137,401
61-90		—		788,871		—		788,871		490,172
Default		—		—		3,381,057		3,381,057		2,606,255
Gross Carrying amount		82,343,496		13,899,196		3,381,057		99,623,749		109,917,812
Loss allowance		2,600,458		2,317,516		2,559,514		7,477,488		3,686,934
Carrying amount		79,743,038		11,581,680		821,543		92,146,261		106,230,878
	Retail like Portfolio
	December 31, 2018								December 31, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month ECL		Lifetime ECL		Lifetime ECL
Days past due
0		29,273,332		3,102,719		—		32,376,051		30,599,160
1-30		866,912		457,755		—		1,324,667		711,005
31-60		—		336,258		—		336,258		136,622
61-90		—		261,908		—		261,908		97,848
Default		—		—		1,797,686		1,797,686		802,398
Gross Carrying amount		30,140,244		4,158,640		1,797,686		36,096,570		32,347,033
Loss allowance		266,947		280,127		1,179,706		1,726,780		965,360
Net Carrying amount		29,873,297		3,878,513		617,980		34,369,790		31,381,673

	Wholesale Portfolio
	December 31, 2018										December 31, 2017
	ECL Staging
	Stage 1			Stage 2		Stage 3		Total			Total
	12-month ECL			Lifetime ECL		Lifetime ECL
Days past due
A		135,513,044			6,048,342		5,413		141,566,799			130,441,016
B1		(2,237,665	)		38,908		—		(2,198,757	)		77,335
Default		—			—		2,515,489		2,515,489			808,091
Gross Carrying amount		133,275,379			6,087,250		2,520,902		141,883,531			131,326,442
Loss allowance		525,757			77,364		667,730		1,270,851			750,612
Net Carrying amount		132,749,622			6,009,886		1,853,172		140,612,680			130,575,830
	Naranja
	December 31, 2018										December 31, 2017
	ECL Staging
	Stage 1			Stage 2		Stage 3		Total			Total
	12-month ECL			Lifetime ECL		Lifetime ECL
Days past due
0		36,512,083			3,023,795		—		39,535,878			43,394,982
1-30		2,571,877			946,869		—		3,518,746			3,389,912
31-60		—			1,701,948		—		1,701,948			1,128,408
61-90		—			939,523		—		939,523			526,990
Default		—			—		3,787,030		3,787,030			2,934,995
Gross Carrying amount		39,083,960			6,612,135		3,787,030		49,483,125			51,375,287
Loss allowance		1,376,585			1,842,615		2,088,097		5,307,297			3,877,715
Net Carrying amount		37,707,375			4,769,520		1,698,933		44,175,828			47,497,572

	Retail Portfolio
	December 31, 2017								January 01, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month		Lifetime		Lifetime
Days past due
0		90,744,245		11,507,729		—		102,251,974		77,585,443
1-30		2,266,370		1,165,640		—		3,432,010		4,686,395
31-60		—		1,137,401		—		1,137,401		1,109,964
61-90		—		490,172		—		490,172		511,715
Default		—		—		2,606,255		2,606,255		2,209,277
Gross Carrying amount		93,010,615		14,300,942		2,606,255		109,917,812		86,102,794
Loss allowance		1,093,601		917,070		1,676,263		3,686,934		3,448,164
Net Carrying amount		91,917,014		13,383,872		929,992		106,230,878		82,654,630
	Retail like Portfolio
	December 31, 2017								January 01, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month		Lifetime		Lifetime
Days past due
0		27,628,736		2,970,424		—		30,599,160		24,473,623
1-30		393,902		317,103		—		711,005		450,049
31-60		—		136,622		—		136,622		485,422
61-90		—		97,848		—		97,848		73,407
Default		—		—		802,398		802,398		472,030
Gross Carrying amount		28,022,638		3,521,997		802,398		32,347,033		25,954,531
Loss allowance		221,758		127,030		616,572		965,360		619,208
Net Carrying amount		27,800,880		3,394,967		185,826		31,381,673		25,335,323

	Wholesale Portfolio
	December 31, 2017								January 01, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month		Lifetime		Lifetime
Days past due
A		122,301,109		8,138,330		1,577		130,441,016		99,417,742
B1		—		77,335		—		77,335		319,115
Default		—		—		808,091		808,091		339,002
Gross Carrying amount		122,301,109		8,215,665		809,668		131,326,442		100,075,859
Loss allowance		211,775		45,209		493,628		750,612		496,885
Net Carrying amount		122,089,334		8,170,456		316,040		130,575,830		99,578,974
	Naranja
	December 31, 2017								January 01, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month		Lifetime		Lifetime
Days past due
0		39,229,241		4,165,741		—		43,394,982		45,435,532
1-30		1,810,650		1,579,262		—		3,389,912		3,075,142
31-60		—		1,128,408		—		1,128,408		1,121,215
61-90		—		526,990		—		526,990		588,117
Default		—		—		2,934,995		2,934,995		3,251,395
Gross Carrying amount		41,039,891		7,400,401		2,934,995		51,375,287		53,471,401
Loss allowance		904,291		1,270,258		1,703,166		3,877,715		4,160,322
Net Carrying amount		40,135,600		6,130,143		1,231,829		47,497,572		49,311,079

The Grupo Galicia employs a range of policies and practices to mitigate credit risk. The most common of these is accepting collateral for loans or funds advanced. The Group has internal policies on the acceptability of specific classes of collateral.

The Grupo Galicia policies regarding obtaining collateral have not significantly changed during the reporting period and there has been no significant change in the overall quality of the collateral held by the Group since the prior period.

This table provides information on balance sheet items and their collateral in offsets as well as loan and other credit-related commitments.

Assets Subject to Impairment

Item	Carrying Amount		Loss Allowances		Gross Carrying Amount		Collateral´s Fair Value
Overdrafts		14,430,578		443,681		13,986,897		—
Mortagage Loans		11,793,007		253,178		11,539,829		48,761,041
Collateral Loans		997,958		10,255		987,703		4,037,908
Personal Loans		29,144,931		1,122,335		28,022,596		—
Credit Card Loans		113,395,362		9,406,437		103,988,925		—
Financial Leases		2,198,047		26,424		2,171,623		—
Promisory Notes		36,020,263		422,487		35,597,776		—
Pre-financing export loans		69,536,225		1,642,944		67,893,281		—
Others		35,020,864		2,329,069		32,691,795		2,428,566
Public Securities		14,549,740		125,606		14,424,134		55,227,515
Total as of December 31, 2018		327,086,975		15,782,416		311,304,559		110,455,030

The following table shows information about the mortgage portfolio LTV distribution.

Mortgages Portfolio -LTV  Distribution	Exposure
Lower than 50%		8,283
50 a 60%		2,940
60 a 70%		4,562
70 a 80%		2,084
80 a 90%		349
90 a 100%		878
Higher than 100%		612
Total		19,708

Reconciliation of changes in gross carrying/nominal amount and allowances for loans and advances to banks and customers including loan commitments and financial guarantees

The following disclosure provides a reconciliation by stage of the Group’s gross carrying/nominal amount and allowances for loans and advances to banks and customers, including loan commitments and financial guarantees. The transfers of financial instruments represents the impact of stage transfers upon the gross carrying/nominal amount and associated allowance for ECL. The net remeasurement of ECL arising from stage transfers represents the increase or decrease due to these transfers, for example, moving from a 12-month (stage 1) to a lifetime (stage 2) ECL measurement basis. This is captured, along with other credit quality movements in the ‘changes in PD/LGD/EAD’ line item. The ‘New financial assets originated or repurchased’ represent the gross carrying/nominal amount and associated allowance ECL impact from volume movements within the Group’s lending portfolio.

The following tables explain the changes in the loss allowance between the beginning and the end of the annual period due to these factors:

Retail Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of December 31, 2017		1,093,601			917,070			1,676,263			—		3,686,934
Inflation effect		(352,907	)		(295,942	)		(540,935	)		—		(1,189,784	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(36,452	)		36,452			—			—		—
Transfer from Stage 1 to Stage 3		(12,985	)		—			12,985			—		—
Transfer from Stage 2 to Stage 1		61,669			(61,669	)		—			—		—
New Financial Assets Originated or Purchased		680,315			1,376,390			1,615,940			—		3,672,645
Changes in PDs/LGDs/EADs		1,229,264			637,622			836,772			—		2,703,658
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		46,707			26,548			(9,776	)		—		63,479
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 a stage 3		—			(40,809	)		40,809			—		—
Transfer from Stage 3 to stage 2		—			28,664			(28,664	)		—		—
Financial assets derecognized during the period		(216,869	)		(611,817	)		(2,081,627	)		—		(2,910,313	)
Write-offs		108,115			305,007			1,037,747			—		1,450,869
Loss Allowance as of December 31, 2018		2,600,458			2,317,516			2,559,514			—		7,477,488
Retail Like Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of December 31, 2017		221,758			127,030			616,572			—		965,360
Inflation effect		(71,562	)		(40,993	)		(198,969	)		—		(311,524	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(3,911	)		3,911			—			—		—
Transfer from Stage 1 to Stage 3		(743	)		—			743			—		—
Transfer from Stage 2 to Stage 1		9,575			(9,575	)		—			—		—
New Financial Assets Originated or Purchased		181,218			195,991			868,022			—		1,245,231
Changes in PDs/LGDs/EADs		17,285			38,295			166,277			—		221,857
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		17,044			16,267			88,193			—		121,504
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(2,935	)		2,935			—		—
Transfer from Stage 3 to Stage 2		—			3,145			(3,145	)		—		—
Financial assets derecognized during the period		(206,825	)		(101,718	)		(719,723	)		—		(1,028,266	)
Write-offs		103,108			50,709			358,801			—		512,618
Loss Allowance as of December 31, 2018		266,947			280,127			1,179,706			—		1,726,780

Wholesale Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of December 31, 2017		211,775			45,209			493,628			—		750,612
Inflation effect		(68,341	)		(14,588	)		(159,293	)		—		(242,222	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(1,872	)		1,872			—			—		—
Transfer from Stage 1 to Stage 3		(179	)		—			179			—		—
Transfer from Stage 2 to Stage 1		2,797			(2,797	)		—			—		—
New Financial Assets Originated or Purchased		398,510			43,148			—			—		441,658
Changes in PDs/LGDs/EADs		69,078			20,034			76,416			—		165,528
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		(6,823	)		9,991			250,650			—		253,818
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(6,150	)		6,150			—		—
Transfer from Stage 3 to Stage 2		—			—			—			—		—
Financial assets derecognized during the period		(157,912	)		(38,596	)		—			—		(196,508	)
Write-offs		78,724			19,241			—			—		97,965
Loss Allowance as of December 31, 2018		525,757			77,364			667,730			—		1,270,851
Naranja	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of December 31, 2017		904,291			1,270,258			1,703,166			—		3,877,715
Inflation effect		(291,817	)		(409,915	)		(549,616	)				(1,251,348	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(111,156	)		111,156			—			—		—
Transfer from Stage 1 to Stage 3		(40,296	)		—			40,296			—		—
Transfer from Stage 2 to Stage 1		215,544			(215,544	)		—			—		—
New Financial Assets Originated or Purchased		514,603			735,092			518,621			—		1,768,316
Changes in PDs/LGDs/EADs		328,246			1,003,381			1,122,398			—		2,454,025
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		(128,575	)		(210,087	)		—			—		(338,662	)
Other movements with no P&L impact													—
Transfers:
Transfer from Stage 2 to Stage 3		—			(280,363	)		280,363			—		—
Transfer from Stage 3 to Stage 2		—			10,906			(10,906	)		—		—
Transfer from Stage 3 to Stage 1		9,664			—			(9,664	)		—		—
Financial assets derecognized during the period		(53,058	)		(382,131	)		(2,232,778	)		—		(2,667,967	)
Write-offs		29,139			209,862			1,226,217			—		1,465,218
Loss Allowance as of December 31, 2018		1,376,585			1,842,615			2,088,097			—		5,307,297
Retail Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of January 1, 2017		1,275,440			696,665			1,476,059			—		3,448,164
Inflation effect		(253,416	)		(138,420	)		(293,277	)				(685,113	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(37,260	)		37,260			—			—		—
Transfer from Stage 1 to Stage 3		(12,603	)		—			12,603			—		—
Transfer from Stage 2 to Stage 1		136,516			(136,516	)		—			—		—
New Financial Assets Originated or Purchased		307,212			619,118			970,014			—		1,896,344
Changes in PDs/LGDs/EADs		(110,722	)		90,105			592,974			—		572,357
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		10,539			1,326			(11,577	)		—		288
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(33,992	)		33,992			—		—
Transfer from Stage 3 to Stage 2		—			29,170			(29,170	)		—		—
Financial assets derecognized during the period		(362,292	)		(403,954	)		(1,754,093	)		—		(2,520,339	)
Write-offs		140,187			156,308			678,738			—		975,233
Loss Allowance as of December 31, 2017		1,093,601			917,070			1,676,263			—		3,686,934

Retail Like Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of January 1, 2017		57,285			189,219			372,704			—		619,208
Inflation effect		(11,381	)		(37,596	)		(74,053	)				(123,030	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(4,026	)		4,026			—			—		—
Transfer from Stage 1 to Stage 3		(371	)		—			371			—		—
Transfer from Stage 2 to Stage 1		43,613			(43,613	)		—			—		—
New Financial Assets Originated or Purchased		181,012			82,364			401,713			—		665,089
Changes in PDs/LGDs/EADs		(34,518	)		2,759			103,879			—		72,120
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		912			11,434			44,207			—		56,553
Other movements with no P&L impact
Transfers:													—
Transfer from Stage 2 to Stage 3		—			(6,279	)		6,279			—		—
Transfer from Stage 3 to Stage 2		—			6,665			(6,665	)		—		—
Financial assets derecognized during the period		(17,564	)		(133,673	)		(378,210	)		—		(529,447	)
Write-offs		6,796			51,724			146,347			—		204,867
Loss Allowance as of December 31, 2017		221,758			127,030			616,572			—		965,360
Wholesale Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of January 1, 2017		166,413			106,888			223,584			—		496,885
Inflation effect		(33,066	)		(21,237	)		(44,424	)				(98,727	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(2,693	)		2,693			—			—		—
Transfer from Stage 1 to Stage 3		(61	)		—			61			—		—
Transfer from Stage 2 to Stage 1		2,228			(2,228	)		—			—		—
New Financial Assets Originated or Purchased		170,640			29,321			—			—		199,961
Changes in PDs/LGDs/EADs		568			20,024			47,276			—		67,868
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		10,972			(10,901	)		257,364			—		257,435
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(9,767	)		9,767			—		—
Transfer from Stage 3 to Stage 2		—			—			—			—		—
Financial assets derecognized during the period		(168,380	)		(113,504	)		—			—		(281,884	)
Write-offs		65,154			43,920			—			—		109,074
Loss Allowance as of December 31, 2017		211,775			45,209			493,628			—		750,612
Naranja	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of January 1, 2017		775,611			1,566,226			1,818,485			—		4,160,322
Inflation effect		(154,106	)		(311,192	)		(361,314	)		—		(826,612	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(60,573	)		60,573			—			—		—
Transfer from Stage 1 to Stage 3		(24,779	)		—			24,779			—		—
Transfer from Stage 2 to Stage 1		423,002			(423,002	)		—			—		—
New Financial Assets Originated or Purchased		244,074			445,054			67,264			—		756,392
Changes in PDs/LGDs/EADs		(226,555	)		601,910			921,399			—		1,296,754
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		(85,307	)		(164,172	)		—			—		(249,479	)
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(257,026	)		257,026			—		—
Transfer from Stage 3 to Stage 2		—			1,138			(1,138	)		—		—
Transfer from Stage 3 to Stage 1		36,652			—			(36,652	)		—		—
Financial assets derecognized during the period		(31,508	)		(330,971	)		(1,310,183	)		—		(1,672,662	)
Write-offs		7,780			81,720			323,500			—		413,000
Loss Allowance as of December 31, 2017		904,291			1,270,258			1,703,166			—		3,877,715

The following table further explains changes in the gross carrying amount of specific segment portfolio to help explain their significance to the changes in the loss allowance:

Retail like Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of December 31, 2017		28,022,638			3,521,997			802,398			—		32,347,033
Transfers:
Transfers from Stage 1 to Stage 2		(566,583	)		566,583			—			—		—
Transfers from Stage 1 to Stage 3		(106,715	)		—			106,715			—		—
Transfers from Stage 2 to Stage 3		—			(61,468	)		61,468			—		—
Transfers from Stage 3 to Stage 2		355,843			(355,843	)		—			—		—
Transfers from Stage 2 to Stage 1		—			3,276			(3,276	)		—		—
Financial assets derecognized during the period other than writte-offs		(6,202,481	)		(1,062,828	)		(358,539	)		—		(7,623,848	)
New financial assets originated or purchased		17,476,427			2,679,052			1,321,045			—		21,476,524
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		204,089			4,429			126,809			—		335,327
Inflation effect		(9,042,974	)		(1,136,558	)		(258,934	)		—		(10,438,466	)
Gross carrying amount as of December 31, 2018		30,140,244			4,158,640			1,797,686			—		36,096,570
Retail Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of December 31, 2017		93,010,615			14,300,942			2,606,255			—		109,917,812
Transfers:
Transfers from Stage 1 to Stage 2		(2,127,658	)		2,127,658			—			—		—
Transfers from Stage 1 to Stage 3		(688,232	)		—			688,232			—		—
Transfers from Stage 2 to Stage 3		—			(373,079	)		373,079			—		—
Transfers from Stage 3 to Stage 2		2,094,139			(2,094,139	)		—			—		—
Transfers from Stage 2 to Stage 1		—			32,103			(32,103	)		—		—
Financial assets derecognized during the period other than writte-offs		(5,384,216	)		(1,611,202	)		(1,108,128	)		—		(8,103,546	)
New financial assets originated or purchased		24,098,264			6,011,249			1,474,390			—		31,583,903
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		1,355,335			120,613			220,377			—		1,696,325
Inflation Effect		(30,014,751	)		(4,614,949	)		(841,045	)		—		(35,470,745	)
Gross carrying amount as of December 31, 2018		82,343,496			13,899,196			3,381,057			—		99,623,749
Wholesale Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of December 31, 2017		122,301,109			8,215,665			809,668			—		131,326,442
Transfers:
Transfers from Stage 1 to Stage 2		(555,567	)		555,567			—			—		—
Transfers from Stage 1 to Stage 3		(9,894	)		—			9,894			—		—
Transfers from Stage 2 to Stage 3		—			—			—			—		—
Transfers from Stage 3 to Stage 2		469,663			(469,663	)		—			—		—
Transfers from Stage 2 to Stage 1		—			—			—			—		—
Financial assets derecognized during the period other than writte-offs		(36,157,200	)		(3,276,411	)		1,525,251			—		(37,908,360	)
New financial assets originated or purchased		80,611,231			4,520,606			49,053			—		85,180,890
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		5,423,721			(807,299	)		388,318			—		5,004,740
Inflation Effect		(38,807,684	)		(2,651,215	)		(261,282	)		—		(41,720,181	)
Gross carrying amount as of December 31, 2018		133,275,379			6,087,250			2,520,902			—		141,883,531

Naranja	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of December 31, 2017		41,039,891			7,400,401			2,934,995			—		51,375,287
Transfers:
Transfers from Stage 1 to Stage 2		(3,933,644	)		3,933,644			—			—		—
Transfers from Stage 1 to Stage 3		(1,398,286	)		—			1,398,286			—		—
Transfers from Stage 2 to Stage 3		—			(1,288,696	)		1,288,696			—		—
Transfers from Stage 3 to Stage 2		—			21,883			(21,883	)		—		—
Transfers from Stage 2 to Stage 1		1,127,915			(1,127,915	)		—			—		—
Transfers from Stage 3 to Stage 1		18,738			—			(18,738	)		—		—
Financial assets derecognized during the period other than writte-offs		(724,768	)		(727,919	)		(1,810,868	)		—		(3,263,555	)
New financial assets originated or purchased		16,179,401			767,534			1,003,388			—		17,950,323
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		18,384			21,332			(39,716	)		—		—
Inflation Effect		(13,243,671	)		(2,388,129	)		(947,130	)		—		(16,578,930	)
Gross carrying amount as of December 31, 2018		39,083,960			6,612,135			3,787,030			—		49,483,125
Retail like Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of January 1, 2017		24,312,706			1,169,795			472,030			—		25,954,531
Transfers:
Transfers from Stage 1 to Stage 2		(977,594	)		977,594			—			—		—
Transfers from Stage 1 to Stage 3		(98,440	)		—			98,440			—		—
Transfers from Stage 2 to Stage 3		—			(40,969	)		40,969			—		—
Transfers from Stage 3 to Stage 2		—			12,791			(12,791	)		—		—
Transfers from Stage 2 to Stage 1		270,525			(270,525	)		—			—		—
Financial assets derecognized during the period other than writte-offs		(10,394,945	)		(687,029	)		(358,303	)		—		(11,440,277	)
New financial assets originated or purchased		21,198,887			2,931,419			707,794			—		24,838,100
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		(1,457,820	)		(338,653	)		(51,951	)		—		(1,848,424	)
Inflation Effect		(4,830,681	)		(232,426	)		(93,790	)		—		(5,156,897	)
Gross carrying amount as of December 31, 2017		28,022,638			3,521,997			802,398			—		32,347,033
Retail Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of January 1, 2017		73,592,991			10,300,527			2,209,276			—		86,102,794
Transfers:
Transfers from Stage 1 to Stage 2		(2,677,919	)		2,677,919			—			—		—
Transfers from Stage 1 to Stage 3		(788,355	)		—			788,355			—		—
Transfers from Stage 2 to Stage 3		—			(451,953	)		451,953			—		—
Transfers from Stage 3 to Stage 2		—			53,083			(53,083	)		—		—
Transfers from Stage 2 to Stage 1		3,471,756			(3,471,756	)		—			—		—
Financial assets derecognized during the period other than writte-offs		(7,860,281	)		(2,394,705	)		(1,554,807	)		—		(11,809,793	)
New financial assets originated or purchased		37,281,613			9,754,613			1,430,839			—		48,467,065
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		4,612,978			(120,178	)		(227,318	)		—		4,265,482
Inflation Effect		(14,622,168	)		(2,046,608	)		(438,960	)		—		(17,107,736	)
Gross carrying amount as of December 31, 2017		93,010,615			14,300,942			2,606,255			—		109,917,812

Wholesale Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of January 1, 2017		98,531,831			989,840			554,188			—		100,075,859
Transfers:
Transfers from Stage 1 to Stage 2		(1,307,936	)		1,307,936			—			—		—
Transfers from Stage 1 to Stage 3		(99,272	)		—			99,272			—		—
Transfers from Stage 2 to Stage 3		—			(55,374	)		55,374			—		—
Transfers from Stage 3 to Stage 2		61,382			(61,382	)		—			—		—
Transfers from Stage 2 to Stage 1		—			—			—			—		—
Financial assets derecognized during the period other than writte-offs		(71,205,950	)		(785,321	)		—			—		(71,991,271	)
New financial assets originated or purchased		116,853,630			7,856,759			225,382			—		124,935,771
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		(955,314	)		(840,121	)		(14,438	)		—		(1,809,873	)
Inflation Effect		(19,577,262	)		(196,672	)		(110,110	)				(19,884,044	)
Gross carrying amount as of December 31, 2017		122,301,109			8,215,665			809,668			—		131,326,442
Naranja	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of January 1, 2017		40,052,780			10,167,226			3,251,395			—		53,471,401
Transfers:
Transfers from Stage 1 to Stage 2		(2,177,809	)		2,177,809			—			—		—
Transfers from Stage 1 to Stage 3		(832,017	)		—			832,017			—		—
Transfers from Stage 2 to Stage 3		—			(1,265,342	)		1,265,342			—		—
Transfers from Stage 3 to Stage 2		—			2,315			(2,315	)		—		—
Transfers from Stage 2 to Stage 1		3,233,170			(3,233,170	)		—			—		—
Transfers from Stage 3 to Stage 1		66,293			—			(66,293	)
Financial assets derecognized during the period other than writte-offs		(720,307	)		(1,045,183	)		(1,754,350	)		—		(3,519,840	)
New financial assets originated or purchased		9,370,544			2,621,787			55,611			—		12,047,942
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		5,312			(4,919	)		(393	)		—		—
Inflation Effect		(7,958,075	)		(2,020,122	)		(646,019	)		—		(10,624,216	)
Gross carrying amount as of December 31, 2017		41,039,891			7,400,401			2,934,995			—		51,375,287

Use of information

Grupo Financiero Galicia, according to IFRS 9 standards, uses all information available, past, present and future to identify and estimate expected credit loss.

Operational Risk

The operational risk management is understood as the identification, assessment, monitoring, control and mitigation of this risk. It is an ongoing process carried out throughout the Group, which fosters a risk management culture at all organization levels through an effective policy and a program led by Senior Management.

Identification

The starting point of the operational risk management is the identification of risks and their association with the controls established to mitigate them, considering internal and external factors that may affect the process development. The results of this exercise are entered into a log of risks, which acts as a central repository of the nature and status of each risk and controls thereof.

Assessment

Once risks have been identified, the size in terms of impact, frequency and likelihood of risk occurrence is determined, considering the existing controls. The combination of impact with likelihood of occurrence determines the risk exposure level. Finally, the estimated risk levels are compared to pre-established criteria, considering the balance of potential benefits and adverse results.

Monitoring

The monitoring process allows detecting and correcting the possible deficiencies in operational risk management policies, processes and procedures and their update.

Risk Control and Mitigation

The control process ensures compliance with internal policies and analyzes risks and responses to avoid, accept, mitigate or share them, by aligning them with the risk tolerance defined.

IT Risk

The Group manages the IT risk inherent to its products, activities and business processes. It also manages the risk associated with the material information systems, technology and information security processes. It also covers the risks derived from subcontracted activities and from services rendered by providers.

Reputational Risk

The reputational risk may result from the materialization of other risks: Legal, Compliance, Operational, Technological, Strategic, Market, Liquidity, Credit, etc.

The groups of interest are at the core of management, being considered upon establishing any type of mitigation measure.

Banco Galicia’s reputational risk management function was allocated to the Compliance Management Division, seeking to obtain a more comprehensive vision and be able to make immediate decisions that protect the entity’s image and reputation by using tools that enable to monitor and follow up to the perception of different groups of interest.

Banco Galicia defined an internal policy to reduce the occurrence of reputational events with negative impact, by defining a governance model with roles and responsibilities, and identifying critical scenarios that require management and visibility.

Contacts have been established with key business areas, devising a work scheme based on synergy and ongoing communication in order to spread the risk culture across the organization.

The Reputational Crisis Committee is in charge of becoming aware of the events that may affect the Bank’s reputation. In the face of an event of such characteristics, all the necessary information is gathered in the shortest time possible in order to be able to make assertive decisions, formally declare the crisis situation, if appropriate, and define the action plan to alleviate the crisis. In addition, such committee determines the communication strategy to be followed, considering the groups of interest involved. Finally, the strategy and related actions are followed to tackle the crisis.

Strategic Risk

Strategic risk is that which arises from an inappropriate business strategy or an adverse change in forecasts, parameters, goals and other functions that support such strategy.

It represents the possibility of fluctuations in placements that prevent Banco Galicia or its subsidiaries from obtaining the expected results of operations. This potential affected results of operations would give rise to lower income or higher costs regardless of what was budgeted.

Money Laundering Risk

As regards the control and prevention of asset laundering and funding of terrorist activities, Banco Galicia complies with the regulations set forth by the Argentine Central Bank, the Financial Information Unit and Law No. 25246, as amended, which creates the Financial Information Unit (U.I.F.), within the purview of Argentina’s Ministry of Treasury and Public Finance with functional autarchy. The Financial Information Unit is in charge of analyzing, addressing and reporting the information received, in order to prevent and avoid both asset laundering and funding of terrorist activities.

The Bank has promoted the implementation of measures designed to fight against the use of the international financial system by criminal organizations. For such purposes, Banco Galicia has control policies, procedures and structures that are applied using a “risk-based approach”, which allow for the monitoring of transactions, pursuant to the “customer profile” (defined individually based on the information and documentation related to the economic and financial condition of the customer), in order to detect such transactions that should be considered unusual, and to report them to the U.I.F. in applicable cases. The Anti-Money Laundering Management Division (“PLA”, as per its initials in Spanish) is in charge of managing this activity, through the implementation of control and prevention procedures as well as the communication thereof to the rest of the organization by drafting the related handbooks and training all employees. In addition, the management of this risk is regularly reviewed by Internal Audit.

The Bank has appointed a director as Compliance Officer, pursuant to Resolution 121/11, as amended, handed down by the U.I.F., who shall be responsible for ensuring compliance with and implementation of the proceedings and obligations on the issue.

The Bank contributes to the prevention and mitigation of risks from these transaction-related criminal behaviors, by being involved in the international regulatory standards adoption process.

Cybersecurity Risk

The use of technologies in place facilitates us a significant number of tools that expedite and improve the Bank’s processes, having a positive impact on our products and services. However, along with the above-mentioned benefits, risks and/or threats related to these new opportunities provided by digital technologies appear.

The cybersecurity-related risk is a matter inherent to the introduction of these new technologies. On one hand, such risk management stands out among Banco Galicia’s main goals, and, on the other, all the personnel’s as well as customers’ awareness of the considerations as regards the use of the above-mentioned technologies. In this respect, it is vital for the organization to understand thoroughly its internal processes, the tools used and the available techniques to mitigate cybersecurity-related risks.

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Contingencies and Commitments

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Contingencies and Commitments

NOTE 47. CONTINGENCIES AND COMMITMENTS

a) Tax Issues

At the date of these consolidated financial statements, provincial tax collection authorities, as well as tax collection authorities from the Autonomous City of Buenos Aires, are in the process (in different degrees of completion) of conducting reviews and assessments mainly in respect of matters resulting from applying turnover tax.

These proceedings and their possible effects are constantly being monitored. Even though it is considered that it has complied with its tax liabilities in full pursuant to current regulations, the provisions deemed adequate pursuant to the evolution of each proceeding have been set up.

b) Consumer Protection Associations

Consumer Protection Associations, on behalf of consumers, have filed claims against Banco Galicia with regard to the collection of certain financial charges.

The Group believes that the resolution of these controversies will not have a significant impact on its financial condition.

Penalties Imposed on Banco de Galicia y Buenos Aires S.A.U. and Summary Proceedings Commenced by the Argentine Central Bank

The penalties imposed and the summary proceedings commenced by the Argentine Central Bank are detailed in Note 54.

The provisions for contingencies recorded are as follows:

	12.31.18		12.31.17		01.01.17
Other Contingencies		1,329,142		760,379		594,461
For Commercial Lawsuits/Legal Affairs		1,058,636		527,338		455,462
For Labor Lawsuits		96,311		52,095		41,408
For Claims and Credit Cards		1,097		1,620		2,021
For Guarantees Granted		1,142		1,686		2,104
For Other Contingencies		171,956		177,640		93,466
Termination Benefits		86,926		109,295		83,322
Court Deposits Dollarization Difference under Communiqué “A” 4686		27,949		20,229		21,296
Administrative, Disciplinary and Criminal Penalties		5,306		7,357		10,134
Total		1,449,323		897,260		709,213

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Offsetting of Financial Assets and Liabilities

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Offsetting of Financial Assets and Liabilities

NOTE 48. OFFSETTING OF FINANCIAL ASSETS AND LIABILITIES

The disclosures in the following tables include financial assets and liabilities that:

• are offset in the Group’s consolidated balance sheet; or

• are subject to a master netting for offsetting required or similar agreement that covers similar financial instruments, regardless of whether they are offset in the consolidated balance sheet.

Similar agreements include derivative offsetting agreements and master netting agreements with clearing houses. Similar financial instruments include derivatives, loans and other financing, and other financial liabilities. Financial instruments such as loans and deposits are not disclosed in the following tables since they are not offset in the consolidated balance sheet.

The financial instruments subject to offsetting, master netting agreements and similar agreements as of December 31, 2018 are as follows:

								Amounts Subject to Master Netting Agreement Not Offset in the  Financial Statements				Total Net Amount
Financial Instrument	Gross Amount (a)		Gross amounts set off in the balance sheet (b)			Net amounts presented in the balance sheet (c)=(a)-(b)		Financial Instruments (d)		Cash Collaterals Received (e)		(c)-(d)-(e)
Assets
Loans and Other Financing
Credit Card Loans		113,420,510					113,420,510		—		3,042,254		110,378,256
Derivative Financial Instruments		1,792,170		6,530			1,785,640		—		1,223,847		561,793
Total Assets Subject to Offsetting		115,212,680		6,530			115,206,150		—		4,266,101		110,940,049
Liabilities
Derivative Financial Instruments		1,842,319		(6,530	)		1,835,789		—		1,223,847		611,942
Liabilities from Financing of Credit Card Purchases		36,894,587		—			36,894,587		—		3,042,254		33,852,333
Total Liabilities Subject to Offset		38,736,906		(6,530	)		38,730,376		—		4,266,101		34,464,275

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Off-balance Sheet Items

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Off-balance Sheet Items

NOTE 49. OFF-BALANCE SHEET ITEMS

In the normal course of business and in order to meet customers’ financing needs, off-balance sheet transactions are performed. These instruments expose the Group to the credit risk, in addition to loans recognized in assets. These financial instruments include credit lending commitments, letters of credit reserve, guarantees granted and acceptances.

The same credit policies for agreed credits, guarantees and loan granting are used. Outstanding commitments and guarantees do not represent an unusually high credit risk.

Agreed Credits

They are commitments to grant loans to a customer in a future date, subject to compliance with certain contractual agreements that usually have fixed maturity dates or other termination clauses and may require a fee payment.

Commitments are expected to expire without resorting to them. The total amounts of agreed commitments do not necessarily represent future cash requirements. Each customer’s solvency is evaluated case by case.

Guarantees Granted

The issuing bank commits to reimbursing the loss to the beneficiary if the secured debtor does not comply with its obligation upon maturity.

Export and Import Documentary Credits

They are conditional commitments issued by the Group to secure a customer’s compliance towards a third party.

Responsibilities for Foreign Trade Transactions

They are conditional commitments for foreign trade transactions.

Our exposure to credit loss upon the other party’s default in the financial instrument is represented by the contractual notional amount of the same investments.

The credit exposure for these transactions is detailed below.

	12.31.18		12.31.17		01.01.17
Agreed Commitments		14,947,369		17,223,135		16,756,545
Export and Import Documentary Credits		1,080,047		2,005,839		1,198,508
Guarantees Granted		16,292,630		3,493,810		2,090,979
Responsibilities for Foreign Trade Transactions		234,609		674,101		1,080,067

The fees and commissions related to the items mentioned above as of the indicated dates were as follows:

	12.31.18		12.31.17
For Agreed Credits		121,515		89,471
For Export and Import Documentary Credits		68,882		31,459
For Guarantees Granted		82,041		45,058

The credit risk of these instruments is essentially the same as that involved in lending credit facilities to customers.

To grant guarantees to our customers, we may require counter-guarantees, which, classified by type, amount to: 3

	12.31.18		12.31.17		01.01.17
Other Preferred Guarantees Received		6,796,492		67,032		111,747
Other Guarantees Received		296,362		471,506		445,115

Additionally, checks to be debited and credited, as well as other elements in the collection process, such as, notes, invoices and miscellaneous items, are recorded in memorandum accounts until the related instrument is approved or accepted.

The risk of loss in these offsetting transactions is not significant.

	12.31.18		12.31.17		01.01.17
Checks and Drafts to be Debited		3,448,362		3,110,534		3,710,115
Checks and Drafts to be Credited		4,443,878		4,553,727		4,716,211
Values for Collection		27,625,864		34,014,115		33,736,055

The Group acts as trustee by virtue of trust agreements to secure obligations derived from several agreements between parties. The amounts of trust funds and securities held in custody as of the indicated dates are as follows:

	12.31.18		12.31.17		01.01.17
Trust Funds		5,868,530		13,165,493		15,077,049
Securities Held in Custody		432,046,616		552,773,188		476,985,232

These trusts are not included in the consolidation since the Group does not exert control on them.

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Transfer of Financial Assets

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Transfer of Financial Assets

NOTE 50. TRANSFER OF FINANCIAL ASSETS

All transfers of financial assets qualify for derecognition of financial assets in their entirety.

In derecognizing a financial asset, the difference between the carrying amount and the amount received as consideration is charged to income.

The Group mainly makes non-recourse portfolio sales. The loan portfolio sold, net of allowances, amounted to: $561,812 as of December 31, 2018, $480,021 as of December 31, 2017 and $226,798 as of January 1, 2017; whereas cash flows received from such transactions amounted to: $138,510 as of December 31, 2018, $45,987 as of December 31, 2017 and $166,454 as of January 1, 2017.

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Non-controlling Interest

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Non-controlling Interest

NOTE 51. NON-CONTROLLING INTEREST

The following tables provide information about each subsidiary that has a non-controlling interest.

The non-controlling equity investment percentages and votes as of the indicated dates are as follows:

Company	Place of Business	12.31.18			12.31.17			01.01.17
Cobranzas Regionales S.A.	Córdoba – Argentina		17.00	%		23.00	%		23.00	%
Galicia Broker Asesores de Seguros S.A.	Autonomous City of Buenos Aires – Argentina		0.01	%		0.01	%		0.01	%
Galicia Retiro Compañía de Seguros S.A.	Autonomous City of Buenos Aires – Argentina		0.00	%		0.00	%		0.00	%
Galicia Seguros S.A.	Autonomous City of Buenos Aires – Argentina		0.00	%		0.00	%		0.00	%
Galicia Valores S.A.	Autonomous City of Buenos Aires – Argentina		—			—			0.09	%
Ondara S.A.	Autonomous City of Buenos Aires – Argentina		16.15	%		21.85	%		21.85	%
Tarjetas del Mar S.A.	Córdoba – Argentina		—			—			41.20	%
Tarjeta Naranja S.A.	Córdoba – Argentina		17.00	%		23.00	%		23.00	%
Tarjetas Regionales S.A.	Autonomous City of Buenos Aires – Argentina		17.00	%		23.00	%		23.00	%

Changes in the Group’s non-controlling interests as of the indicated dates were as follows:

Company	Balance as of 12.31.17		Purchases / Sales			Cash Dividends			Share of Profit (Loss) for the Year			Balance as of 12.31.18
Cobranzas Regionales S.A.		13,281		—			—			(1,665	)		11,616
Galicia Broker Asesores de Seguros S.A.		2		—			—			—			2
Galicia Retiro Compañía de Seguros S.A.		2		—			—			—			2
Galicia Seguros S.A.		2		—			—			—			2
Ondara S.A.		7,074		—			52			(1,081	)		6,045
Tarjeta Naranja S.A.		2,716,440		(770,472	)		(137,432	)		(318,010	)		1,490,526
Tarjetas Regionales S.A.		216,679		—			40,591			(42,929	)		214,341
Total		2,953,480		(770,472	)		(96,789	)		(363,685	)		1,722,534
Company	Balance as of 01.01.17		Purchases / Sales			Cash Dividends			Share of Profit (Loss) for the Year			Balance as of 12.31.17
Cobranzas Regionales S.A.		13,751		—			—			(470	)		13,281
Galicia Broker Asesores de Seguros S.A.		2		—			—			—			2
Galicia Retiro Compañía de Seguros S.A.		2		—			—			—			2
Galicia Seguros S.A.		2		—			—			—			2
Galicia Valores S.A.		5,688		(5,688	)		—			—			—
Ondara S.A.		6,801		—			—			273			7,074
Tarjetas del Mar S.A.		91,871		(91,871	)		—			—			—
Tarjeta Naranja S.A.		2,371,252		—			(159,604	)		504,792			2,716,440
Tarjetas Regionales S.A.		230,201		—			6,909			(20,431	)		216,679
Total		2,719,570		(97,559	)		(152,695	)		484,164			2,953,480

Summary information on subsidiaries is detailed in Note 16.

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Related Party Transactions

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Related Party Transactions

NOTE 52. RELATED PARTY TRANSACTIONS

Related parties are considered to be all those entities that directly, or indirectly through other entities, have control over another, are under the same controlling party or may have significant influence on another entity’s financial or operational decisions.

The Group controls another entity when it has the power over other entities’ financial and operating decisions and also has a share of profits thereof.

Additionally, the Group considers that it has joint control when there is an agreement between parties regarding the control of a common economic activity.

Finally, those cases where the Group has significant influence is due to the capacity to take part in decisions about the company’s financial policy and operations. Those shareholders who hold an equity investment equal to or higher than 20% of the total votes of the Group or its subsidiaries are considered to have significant influence. To determine those situations, not only the legal aspects are observed, but also the nature and substance of the relationship.

Furthermore, the key personnel of the Group’s Management (Board of Directors members and Managers of the Group and its subsidiaries), as well as the entities over which the key personnel may have significant influence or control are considered as related parties.

52.1. Controlling Entity

The Group is controlled by:

Name	Nature	Principal Line of Business	Place of Business	Equity Investment %
EBA Holding S.A.	55.11% of voting rights	Financial and Investment Operations	Autonomous City of Buenos Aires – Argentina		19.71	%

Key Personnel’s Compensation

The compensation earned by the Group’s key personnel as of December 31, 2018 and December 31, 2017 amounts to $522,038 and $442,289, respectively.

52.2. Key Personnel’s Structure

Key personnel’s structure as of the indicated dates is as follows:

	12.31.18		12.31.17
Directors		67		67
General Manager		1		1
Division Managers		11		11
Department Managers		70		66
Total		149		145

52.3. Related Party Transactions

The following table shows the total credit assistance granted by the Group to key personnel, syndics, majority shareholders, as well as all individuals who are related to them by a family relationship of up to the second degree of consanguinity or first degree by affinity (pursuant to the Argentine Central Bank’s definition of related individual) and any entity affiliated with any of these parties, not required to be consolidated.

	12.31.18		12.31.17
Total Amount of Credit Assistance		956,439		999,909
Number of Recipients (Amounts)		329		364
- Natural Persons		269		299
- Entities / Corps.		60		65
Average Amount of Credit Assistance		2,907		2,748
Maximum Assistance		362,713		288,089

Financial assistance, including the one that was restructured, was granted in the ordinary course of business, on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other non-related parties. Besides, this financial assistance did not involve more than the normal risk of loan losses or present other unfavorable features.

The information about the credit assistance granted to affiliates based on the quality of receivables, their documentation and preferred guarantees is stated in Schedule N.

52.4. Amounts of Related Party Transactions

The amounts of related party transactions conducted as of the indicated dates are as follows:

	12.31.18			12.31.17			01.01.17
Assets
Cash and Due from Banks		252,651			197,441			465,569
Debt Securities at Fair Value through Profit or Loss		141,610			264,821			1,399,877
Derivative Financial Instruments		—			17,183			—
Other Financial Assets		58,999			285,189			1,162,427
Loans and Other Financing		3,111,291			797,000			1,587,429
Other Debt Securities		131,767			76,305			—
Other Non-financial Assets		(5	)		6,539			(85,185	)
Total Assets		3,696,313			1,644,478			4,530,117
Liabilities
Deposits		1,348,503			229,612			482,911
Derivative Financial Instruments		—			17,183			200,917
Other Financial Liabilities		1,197,643			696,125			874,669
Loans from the Argentine Central Bank and Other Financial Institutions		—			699			355,045
Debt Securities Issued		523,372			341,125			1,375,576
Liabilities for Insurance Contracts		43,295			34,704			75,273
Other Non-financial Liabilities		26,827			(689,233	)		223,599
Total Liabilities		3,139,640			630,215			3,587,990
				12.31.18			12.31.17
Income (Loss)
Net Income (Loss) from Interest					27,975			42,461
Net Fee Income (Expense)					(1,166,922	)		(43,012	)
Net Income (Loss) from Instruments Measured at Fair Value through					—			5,313
Underwriting Income from Insurance Business					1,257,000			1,602,674
Other Operating Income (Expense)					149,803			(1,588,821	)
Administrative Expenses					(30,983	)		29,072
Other Operating Expenses					—			105
Total Income					236,873			47,792

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Acquisition of Debt Securities Under Section 35 BIS of Financial Institutions Law

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Acquisition of Debt Securities Under Section 35 BIS of Financial Institutions Law

NOTE 53. ACQUISITION OF DEBT SECURITIES UNDER SECTION 35 BIS OF FINANCIAL INSTITUTIONS LAW

Banco Finansur S.A. was temporarily suspended to operate by the Argentine Central Bank from November 9, 2017 to February 9, 2018. On January 12, 2018, Banco Galicia reported about its participation in the process under Section 35 bis of Financial Institutions Law. In addition, on March 9, 2018, Banco Galicia reported that the Argentine Central Bank approved the transfer of certain secured liabilities of Banco Finansur S.A. in exchange for debt securities by creating a Private Financial Trust called Fidensur.

Banco Galicia holds debt securities but it does not hold the participation certificate in the Financial Trust not it is the Beneficiary of the Financial Trust. As Consequence we understand that the Group is neither exposed to variable returns nor to the Trust’s residual risk. Therefore, the holding was recorded as an investment in a financial debt instrument measured at amortized cost.

As a result of the foregoing, the trust was not consolidated in these consolidated financial statements.

The Group recorded debt securities in the “Other Debt Securities” account, which are measured at amortized cost in the amount of $74,775 as of December 31, 2018.

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Additional Information Required by the Argentine Central Bank

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Additional Information Required by the Argentine Central Bank

NOTE 54. ADDITIONAL INFORMATION REQUIRED BY THE ARGENTINE CENTRAL BANK

54.1. CONTRIBUTION TO THE DEPOSIT INSURANCE SYSTEM

Law No. 24485 and Decree No. 540/95 established the creation of the Deposit Insurance System to cover the risk attached to bank deposits, in addition to the system of privileges and safeguards envisaged in the Financial Institutions Law.

The National Executive Branch through Decree No. 1127/98 established the maximum amount for this insurance system to demand deposits and time deposits denominated either in Pesos and/or in foreign currency. Such limit was set at $1,000 as from March 1, 2019.

This system does not cover deposits made by other financial institutions (including time deposit certificates acquired through a secondary transaction), deposits made by parties related to the Bank, either directly or indirectly, deposits of securities, acceptances or guarantees and those deposits set up at an interest rate exceeding the one established regularly by the Argentine Central Bank.

Deposits acquired through endorsement, placements made as a result of incentives other than interest rates and locked-up balances from deposits and other excluded transactions are also excluded. This system has been implemented through the creation of the Deposit Insurance Fund (“FGD”), which is managed by a company called Seguros de Depósitos S.A. (“SEDESA”). SEDESA’s shareholders are the Argentine Central Bank and the financial institutions in the proportion determined for each one by the Argentine Central Bank based on the contributions made to the fund.

The monthly contribution institutions should make to the FGD is 0.015% on the monthly average of total deposits.

54.2. RESTRICTED ASSETS

As of December 31, 2018, the ability to freely dispose of the following assets is restricted, as follows:

Banco de Galicia y Buenos Aires S.A.U.

a) Cash and Government Securities

	12.31.18		12.31.17		01.01.17
For transactions carried out at RO.F.EX.		379,006		345,717		782,773
For repo transactions haircuts		584,631		185,799		336,918
For debit / credit cards transactions		2,151,565		1,748,680		1,370,107
For attachments		211		326		188
Liquidity required to conduct transactions as agents at the C.N.V.		20,410		25,233		33,752
For the contribution to the M.A.E.’ s Joint Guarantee Fund (Fondo de Garantía Mancomunada)		260,210		20,970		20,016
Collaterals of Inter-American Development Bank’s credit lines		85,067		—		—
Guarantees under the Regional Economies Competitiveness Program (PROCER, as per its initials in Spanish)		165,665		301,965		279,224
For other transactions		11,953		11,524		10,928

b) Special Guarantees Accounts

Special guarantee accounts have been opened at the Argentine Central Bank as collateral for transactions involving electronic clearing houses, checks for settling debts and other similar transactions as of the indicated dates, which amount to:

	12.31.18		12.31.17		01.01.17
Special Guarantees Accounts		5,188,169		5,329,804		4,285,315

c) Deposits in favor of the Argentine Central Bank

	12.31.18		12.31.17		01.01.17
Unavailable deposits related to foreign exchange transactions		533		787		982
For custody and registrar agent of book-entry mortgage securities		—		—		4,164
Custody role of securities representing the investments in ANSES’s Sustainability Guarantee Fund (FGS, as per its initials in Spanish).		—		—		868,336

d) Equity Investments

The account “Equity Investments” includes 1,222,406 non-transferable non-endorsable registered ordinary shares in Electrigal S.A., the transfer of which is subject to approval by the national authorities, according to the terms of the previously executed concession contract.

e) Contributions to Garantizar S.G.R.’s Risk Fund

Banco de Galicia y Buenos Aires S.A.U., in its capacity as sponsoring partner of Garantizar S.G.R.’s Risk Fund, is committed to maintaining the contributions made to the fund for two (2) years.

	12.31.18		12.31.17		01.01.17
Contributions to the Fund		390,000		224,421		184,255

f) Guarantees Granted for Direct Obligations

	12.31.18		12.31.17		01.01.17
PROPARCO’s credit lines		—		58,661		91,486
Credit Program granted to the province of San Juan		—		75,211		60,316
Global Credit Program for the Micro-, Small- and Medium-sized Companies		—		—		11,763
FMO’s credit lines		—		—		33,109

Financial assets were given as collateral as part of these agreements for loans borrowed by Banco Galicia related to first pledges.

Galicia Valores S.A.

	12.31.18		12.31.17		01.01.17
Liquidity required to conduct transactions as agents at the C.N.V.		9,568		6,792		7,232
Share of Mercado de Valores de Buenos Aires		—		—		3,961

Tarjeta Naranja S.A.

	12.31.18		12.31.17		01.01.17
Attachments in connection with lawsuits		1,803		1,688		521
Guarantees related to lease agreements		4,993		6,870		7,593
For transactions carried out at RO.F.EX.		—		—		216,577

Galicia Administradora de Fondos S.A.

	12.31.18		12.31.17		01.01.17
Liquidity required to operate as agent for the management of collective investment products corresponding to mutual funds, as required by the C.N.V.(*)		9,094,885		4,504,899		2,118,935

Tarjetas del Mar S.A.

	12.31.18		12.31.17		01.01.17
Guarantees related to lease agreements(*)		—		—		171

Total restricted assets for the items stated in the subsidiaries mentioned above as of the indicated dates are as follows:

	12.31.18		12.31.17		01.01.17
Total Restricted Assets		18,348,669		12,849,347		10,728,622

54.3. TRUST ACTIVITIES

As of December 31, 2018, December 31, 2017 and January 1, 2017, the Group recorded participation certificates and debt securities of financial trusts held in its own portfolio for $6,301,550, $3,374,285 and $1,819,850 respectively.

Trusts have been excluded from consolidation for neither has the Bank control over them nor has it any of the following:

• power over the trust to run material activities;

• exposure or right to variable returns;

• capacity to have influence on the amount of returns to be received for the involvement.

a) Trust Contracts for Purposes of Guaranteeing Compliance with Obligations:

Purpose: In order to guarantee compliance with contractual obligations, the parties to these agreements have agreed to deliver to Banco de Galicia y Buenos Aires S.A.U., as fiduciary property, amounts to be applied according to the following breakdown:

Date of Contract	Trustor	Balances of Trust Funds		Maturity Date(1)
04.17.12	Exxon Mobil		5,310		04.19.19
04.29.13	Profertil		28		12.31.18
09.12.14	Coop. de Trab. Portuarios		1,033		09.12.20
04.14.16	Rios Belt		198		04.14.19
05.24.17	MSU		130		07.29.20
06.22.17	SACDE		1		06.22.20
06.28.17	Dist. Gas del Centro		258		12.31.18
07.19.17	Dist. Gas Cuyana		568		12.31.18
08.08.17	Dist. Gas del Centro		495		12.31.18
Total			8,021

(1) These amounts shall be released monthly until settlement date of trustor obligations or maturity date, whichever occurs first.

b) Financial Trust Contracts:

Purpose: To administer and exercise the fiduciary ownership of the trust assets until the redemption of debt securities and participation certificates:

Date of Contract	Trust	Balances of Trust Funds		Maturity Date(*)
12.06.06	Gas I		65,484		12.31.18
05.14.09	Gas II		5,545,230		12.31.22
02.10.11	Cag S.A.		421		12.31.18
06.08.11	Mila III		6,367		12.31.18
09.01.11	Mila IV		893		12.31.18
09.14.11	Cag S.A. II		638		12.31.18
02.13.14	Mila V		1,212		05.20.20
06.06.14	Mila VI		831		10.20.20
06.18.14	Red Surcos II		1,354		12.31.18
10.03.14	Mila VII		1,087		01.20.21
01.13.15	Red Surcos III		766		12.31.18
01.27.15	Mila VIII		4,417		06.15.21
05.18.15	Mila IX		4,074		09.15.21
08.24.15	Mila X		4,956		12.20.21
10.30.15	Mila XI		6,073		01.15.22
01.14.16	Mila XII		8,177		11.15.21
02.05.16	Red Surcos IV		900		12.31.18
05.13.16	Mila XIII		15,685		09.15.22
09.01.16	Mila XIV		17,252		01.31.23
10.27.16	Mila XV		23,714		03.31.23
01.10.17	Mila XVI		32,047		06.30.23
02.24.17	Mila XVII		52,113		09.30.23
05.29.17	Fedeicred Agro Series IV		121		12.31.18
06.12.17	Mila XVIII		62,932		01.31.24
06.21.17	Mas Cuotas Series VIII		743		12.31.18
08.16.17	Mas Cuotas Series IX		251		12.31.18
10.20.17	Mas Cuotas Series X		2,233		10.15.18
10.27.17	Mila XIX		450		05.31.24
02.16.18	Mila XX		88		09.30.24
Totals			5,860,509

(*) Estimated date, since maturity date shall occur at the time of the distribution of all of trust assets.

c) Activities as Security Agent:

c.1) Banco de Galicia y Buenos Aires S.A.U. has been appointed Security Agent of the National Treasury’s endorsement guarantees in favor of ENARSA (Energía Argentina S.A.) that were assigned in favor of Nación Fideicomisos S.A. in its capacity as Trustee of the “ENARSA-BARRAGAN” and “ENARSA-BRIGADIER LOPEZ” financial trusts.

Said endorsement guarantees the secure payment of all obligations arising from the above-mentioned trusts.

Banco de Galicia y Buenos Aires S.A.U., in its capacity as Security Agent, will take custody of the documents regarding the National Treasury’s endorsement guarantees and will be in charge of managing all legal and notarial proceedings with respect to the enforcement thereof.

As of December 31, 2018, December 31, 2017 and January 1, 2017, the balances recorded from these transactions amount to US$1,364,097 and $408, respectively.

c.2) In April 2013, at the time of entering into the Contract for the Fiduciary Assignment and Trust for Guarantee Purposes “Profertil S.A.”, Banco de Galicia y Buenos Aires S.A.U. was appointed security agent with regard to the Chattel Mortgage Agreement, a transaction that was completed on June 18, 2013, which additionally secures all the obligations undertaken.

As of December 31, 2018, December 31, 2017 and January 1, 2017, the balances recorded from these transactions amount to US$116,500.

All the transactions detailed above are recorded in off-balance sheet items - trust funds.

d) Setting Up of Financial Trusts

As of December 31, 2018, December 31, 2017 and January 1, 2017, the Group recorded participation certificates and debt securities of financial trusts held in its own portfolio for $5,042,730, $3,406,706 and $1,866,441 respectively.

54.4. COMPLIANCE WITH THE REGULATIONS

54.4.1. Agents – Minimum Liquidity Requirement

Within the framework of Resolution No. 622/13 of the C.N.V., Banco de Galicia y Buenos Aires S.A.U. has been registered, in such agency’s registry, as settlement and clearing agent –comprehensive- No. 22 (ALyC and AN – INTEGRAL), custodial agent of collective investment products corresponding to mutual funds No. 3 (ACPIC FCI), and manager of collective investment products at the registry of financial trustees No. 54.

As of December 31, 2018, Banco de Galicia y Buenos Aires S.A.U.’s Shareholders’ Equity exceeds that required by the C.N.V. to act as agent in the categories in which the Bank has been registered. Such requirement amounts to $32,000 with a minimum liquidity requirement of $16,000, which Banco de Galicia y Buenos Aires S.A.U. paid with Argentine Central Bank’s monetary regulation instruments, which are held in custody at Caja de Valores (Depositor No. 100100) in the amount of $20,410.

Moreover, Galicia Valores S.A. has received the authorization to act as “Settlement and Clearing Agent and Trading Agent – Own”, as established by C.N.V.’s General Resolution No. 622/13. According to the minimum requirements established, the minimum shareholders’ equity required to act in this agent’s category amounts to $3,500 and the minimum liquidity amounts to $1,750.

As of December 31, 2018, the minimum liquidity is made up of a sight account opened at Banco Galicia in the amount of US$70.

54.4.2. Custodial Agent of Collective Investment Products Corresponding to Mutual Funds

Furthermore, in compliance with Section 7 of Chapter II, Title V of that Resolution, in its capacity as custodial agent of collective investment products corresponding to mutual funds (depository) of the “FIMA ACCIONES”, “FIMA P.B. ACCIONES”, “FIMA RENTA EN PESOS”, “FIMA AHORRO PESOS”, “FIMA RENTA PLUS”, “FIMA PREMIUM”, “FIMA AHORRO PLUS”, “FIMA CAPITAL PLUS”, “FIMA ABIERTO PYMES”, “FIMA MIX I”, “FIMA RENTA DÓLARES I” and “FIMA RENTA DOLARES II” funds, as of December 31, 2018, Banco de Galicia y Buenos Aires S.A.U. holds a total of 9,623,110,829 units under custody for a market value of $60,431,318, which is included in the “Depositors of Securities Held in Custody” account. As of previous fiscal year-end and January 1, 2017, the securities held in custody totaled 10,254,289,765 and 7,777,368,861 units and their market value amounted to $100,358,508 and $68,796,939, respectively.

The balances of the Mutual Funds as of the indicated dates are detailed as follows:

Mutual Fund	12.31.18		12.31.17		01.01.17
FIMA Acciones		328,125		609,485		217,062
FIMA P.B. Acciones		718,431		1,688,067		562,550
FIMA Renta en pesos		245,333		776,359		440,492
FIMA Ahorro pesos		9,891,974		30,744,494		29,398,557
FIMA Renta Plus		145,308		546,213		455,650
FIMA Premium		29,475,771		14,909,786		13,137,998
FIMA Ahorro Plus		9,967,609		25,452,146		18,784,320
FIMA Capital Plus		205,069		559,840		1,035,146
FIMA Abierto PyMES		312,788		390,089		344,786
FIMA Mix I		6,686		243,453		279,123
FIMA Renta Dólares I (*)		7,373,261		18,284,933		4,137,019
FIMA Renta Dólares II (*)		1,554,263		6,153,642		4,238
FIMA Renta Fija Internacional		193,618		—		—
FIMA Acciones Latinoamericanas Dólares(*)		13,082		—		—
Total		60,431,318		100,358,507		68,796,941

(*) Stated at the reference exchange rate of the U.S. Dollar set by the Argentine Central Bank. See Note 1.7.(b).

All the transactions detailed above are recorded in off-balance sheet items - securities held in custody.

The mutual funds detailed above have not been consolidated as the Group is not a controlling company thereof, since the depository role does not imply in this case:

• power over the trust to run material activities;

• exposure or right to variable returns;

• capacity to have influence on the amount of returns to be received for the involvement.

54.4.3. Storage of Documents

Pursuant to General Resolution No. 629 of the C.N.V., Banco de Galicia y Buenos Aires S.A.U. notes that it has supporting documents regarding accounting and management transactions, which are stored at AdeA (C.U.I.T. No. 30-68233570-6), Plant III located at Ruta Provincial 36 km 31.5 No. 6471 (CP 1888) Bosques, Province of Buenos Aires, with legal domicile at Av. Pte. Roque Sáenz Peña 832, 1st. floor, Autonomous City of Buenos Aires.

54.5. COMPLIANCE WITH MINIMUM CASH REQUIREMENTS:

As of December 31, 2018, the balances recorded as computable items are as follows:

	Currency								Government Securities
Item	$		US$			Euros(*)			$		US$
Checking Accounts at the Argentine Central Bank		40,110,751		1,783,087	(1)		15	(3)		—		—
Special Guarantees Accounts at the Argentine Central Bank		4,730,689		12,100	(2)		—			—		—
Argentine Treasury Bonds in Pesos at Fixed Rate Due November 2020		8,755,174		—			—			—		—
Liquidity Bills		20,804,813		—			—			—		—
60 EM Subaccount in CRYL (Center of Registration and Settlement) of Government Securities and Debt Instruments Issued by the Argentine Central Bank		—		—			—			1,032,796		364	(4)
Total Computable Items to Meet Minimum Cash Requirements		74,401,427		1,795,187			15			1,032,796		364

(*) Stated in thousands of US$.

(1) Equivalent to $67,415,488.

(2) Equivalent to $457,480.

(3) Equivalent to $580.

(4) Equivalent to $13,876.

54.6. PENALTIES IMPOSED ON BANCO DE GALICIA Y BUENOS AIRES S.A.U. AND SUMMARY PROCEEDINGS COMMENCED BY THE ARGENTINE CENTRAL BANK

Penalties Imposed on Banco de Galicia y Buenos Aires S.A.U. Existing as of December 31, 2018:

U.I.F.’s Summary Proceedings No. 68/09. Penalty notification date: February 25, 2010. Reason for the imposition of the penalty: Alleged omission to report suspicious activities, in possible infringement of Act No. 25246. As a consequence of the aforementioned summary proceedings, Banco de Galicia y Buenos Aires S.A.U., one of its directors and one of its officers were punished with a fine in the amount of $4,483. Status of the proceedings: Division I of the Argentine Federal Court of Appeals in Administrative Matters partially revoked the penalties, releasing Eduardo A. Fanciulli from any liability and reducing the fines imposed. The U.I.F., Banco de Galicia y Buenos Aires S.A.U. and Mr. Enrique M. Garda Olaciregui filed federal extraordinary appeals before Argentine Supreme Court (CSJN). Accounting treatment: As of December 31, 2018, a provision for $5,306 is recorded, whereas a provision for $7,357 and $10,134 was recorded as of December 31, 2017 and January 1, 2017, respectively.

Summary Proceedings No. 1544: Penalty notification date: November 9, 2018. Reason for the imposition of the penalty: Alleged breach of the provisions set out in Argentine Central Bank’s Communiqué “A” 6242, SINAP 1 - 61. As a consequence of the aforementioned summary proceedings, Banco de Galicia y Buenos Aires S.A.U., three of its directors and certain relevant officers were punished with a fine in the amount of $1,497. Status of the proceedings: The Bank will file an appeal against the penalty with the Argentine Federal Court of Appeals in Administrative Matters of the Autonomous City of Buenos Aires, under the terms of section 42 of Law No. 21526, as amended by Law No. 24144.

54.7. ISSUANCE OF DEBT SECURITIES

The issuance of debt securities is detailed in Notes 28 and 29.

54.8. RESTRICTIONS IMPOSED ON THE DISTRIBUTION OF PROFITS

Pursuant to Section 70 of the General Corporations Law, Grupo Financiero Galicia S.A. should transfer 5% of the net income for the year to the Legal Reserve until 20% of the capital stock is reached, plus the balance of the Capital Adjustment account.

With respect to Banco Galicia, the Argentine Central Bank regulations require that 20% of the profits shown in the Income Statement at fiscal year-end, plus (or less), the adjustments made in previous fiscal years and, less, if any, the loss accumulated at previous fiscal year-end, be allocated to the legal reserve.

This proportion applies regardless of the ratio of the Legal Reserve fund to Capital Stock. Should the Legal Reserve be used to absorb losses, earnings shall be distributed only if the value of the Legal Reserve reaches 20% of the Capital Stock plus the Capital Adjustment.

The Argentine Central Bank sets rules for the conditions under which financial institutions can make distributions of profits. According to these rules, profits can be distributed as long as results of operations are positive after deducting not only the Reserves, which may be legally and statutory required, but also the following items from Retained Income: The difference between the carrying amount and the market value of public sector assets and/or debt instruments issued by the Argentine Central Bank not valued at market price, the amounts capitalized for lawsuits related to deposits and any unrecorded adjustments required by the external auditors or the Argentine Central Bank.

Moreover, in order that a financial institution be able to distribute profits, said institution must comply with the capital adequacy rule, i.e. with the calculation of minimum capital requirements and the regulatory capital.

For these purposes, this shall be done by deducting from its assets and Retained Income all the items mentioned in the paragraph above. Moreover, in such calculation, a financial institution shall not be able to compute the temporary reductions that affect minimum capital requirements, computable regulatory capital or its capital adequacy.

Since January 2016, the Argentine Central Bank determined that banks shall meet an additional capital conservation buffer apart from the minimum capital requirement equal to 3.5% of risk-weighted assets. This shall be made up only of Tier 1 Common Capital, net of deductible items. Distribution of profits shall be restricted when the Bank’s computable regulatory capital level and structure is within the range of the capital conservation buffer.

The prior authorization of the Argentine Regulatory Agency of Financial and Foreign Exchange Institutions (SEFyC, as per its initials in Spanish) shall not be required for the distribution of profits, except in the cases where a financial institution is within the capital conservation buffer and to determine distributable profits the Tier 1 common capital range had not been increased by 1 percentage point, net of deductible items. Such restriction was established until March 31, 2020.

Tarjeta Naranja S.A.’s Ordinary and Extraordinary Shareholders’ Meeting held on March 16, 2006 decided to set the maximum limit for the distribution of dividends at 25% of the realized and liquid profits of each fiscal year. This restriction shall remain in force as long as the company’s Shareholders’ Equity is below $300,000.

Pursuant to the Price Supplement of the Class XXXVII Notes, Tarjeta Naranja S.A. has agreed not to distribute dividends that may exceed 50% of the company’s net income. This restriction also applies in the event of any excess over certain indebtedness ratios.

Notwithstanding the aforementioned, profits resulting from the first-time application of IFRS may not be distributed; instead, such profits, if any, will be appropriated to a special reserve recorded under equity which might only be released for capitalization purposes, or otherwise to offset potential losses.

The Group may pay dividends to the extent that it has distributable retained earnings and distributable reserves calculated in accordance with the rules of the Argentine Central Bank described in Note 1.1. Therefore, retained earnings included in the consolidated financial statements may not be wholly distributable.

Shareholders’ equity under the rules of the Argentine Central Bank comprise the following captions:

	12.31.18
Share Capital		1,426,765
Additional paid in Capital		10,951,132
Adjustments to Shareholders´equity		278,131
Legal reserve		340,979
Distribuitable reserves		25,103,198
Non distributable reserves		2,770,380
Profit for the year		14,427,034
Total Shareholder’s equity under the rules of the Argentine Central Bank		55,297,619

Plan for the distribution of profits under the rules of the Argentine Central Bank comprise the following captions:

Unappropriated Retained Income(1)	42,357,973
To Special Reserve “First-time Application of IFRS”(2)	2,827,741
Subtotal	39,530,232
Distributable Amount	39,530,232
Distributed Income
To Discretionary Reserve	12,427,034
To Cash Dividends	2,000,000
To Common Shares (140.1773% of $1,426,765)	2,000,000
Unappropriated Retained Income(3)	37,530,232

(1) It includes Unappropiated Retained Earnings, plus Discretionary Reserve, less purchase of minority interest.

(2) According to the provisions of Communiqué “A” 6618, such reserve, which includes the amount of income resulting from the first-time application of IFRS, shall be set at the first Shareholders’ Meeting to be held after fiscal year-end.

(3) Relates to the Discretionary Reserve for Future Distributions of Profits.

54.9. CAPITAL MANAGEMENT AND CORPORATE GOVERNANCE TRANSPARENCY POLICY

Grupo Financiero Galicia S.A.

Board of Directors

Grupo Financiero Galicia S.A.’s Board of Directors is the Company’s highest management body. It is made up of nine directors and three alternate directors, who must have the necessary knowledge and skills to clearly understand their responsibilities and duties within the corporate governance, and to act with the loyalty and diligence of a good businessman.

As set out in its bylaws, the term of office for both directors and alternate directors is three (3) years; they are partially changed every year and may be reelected indefinitely.

The Company complies with the appropriate standards regarding total number of directors, as well as the number of independent directors. Furthermore, its bylaws provide for the flexibility necessary to adapt the number of directors to the possible changes in the conditions in which the Company carries out its activities, from three (3) to nine (9) directors.

The Board of Directors complies, in every relevant respect, with the recommendations included in the Code on Corporate Governance as Schedule IV to Title IV of the regulations issued by the National Securities Commission (Text amended in 2013).

It also monitors the application of the corporate governance policies provided for by the regulations in force through the Executive Committee, the Audit Committee and the Committee for Information Integrity. Periodically, the Committees provide the Board of Directors with information, and the Board gets to know the decisions of each Committee. What is appropriate is transcribed in the minutes drafted at the Board of Directors’ meetings.

Executive Committee

In July 2018, Grupo Financiero Galicia S.A.’s Board of Directors approved the creation of the Executive Committee, along with its governing rules and regulations. It is made up of five directors, and the purpose of its creation is to contribute to the conduction of the Company’s ordinary business and the efficient performance of the Board of Directors’ duties.

Audit Committee

The Audit Committee set by Capital Markets Law No. 26831 and the C.N.V.’s regulations is formed by three directors, two of whom are independent, and meets the requirements set out in U.S. Sarbanes-Oxley Act.

Such Committee’s mission is to provide the Board of Directors with assistance in overseeing the financial statements, as well as in the task of controlling Grupo Financiero Galicia and its subsidiaries.

Committee for Information Integrity

The Committee for Information Integrity was created in compliance with the recommendations of U.S. Sarbanes Oxley Act, and is made up of the General Manager, the Administrative and Finance Manager and two supervisors of the Administrative and Finance Division.

Its most important duties are monitoring the Company’s internal controls, reviewing the financial statements and other information published, preparing Board of Directors’ reports with the activities carried out by the Committee. Its operation has been adapted to local laws and it currently performs important administrative and reporting duties, which are used by the Board of Directors and the Audit Committee, contributing to the transparency of the information provided to markets.

Basic Holding Structure

Grupo Financiero Galicia S.A. is a company whose sole purpose is to conduct financial and investment activities as per Section 31 of the General Corporations Law. That is to say, it is a holding company whose activity involves managing its equity investments, assets and resources.

Within the group of companies in which the Company has an interest, Banco de Galicia y Buenos Aires S.A.U. stands out, which is its main asset and a wholly-owned subsidiary. Banco de Galicia y Buenos Aires S.A.U., as a bank institution, is subject to certain regulatory restrictions imposed by the Argentine Central Bank. Among such restrictions, there is one that limits the equity interest to a maximum of 12.5% of the capital stock in companies that do not perform activities qualified as supplementary.

Therefore, Grupo Financiero Galicia S.A. directly and indirectly holds those equity interests in companies that carry out activities defined as non-supplementary.

Grupo Financiero Galicia S.A. has a reduced structure due to its nature as holding company of a group of financial services. Accordingly, certain typical organizational aspects of large operating companies are not applicable thereto.

To conclude, one should note that Grupo Financiero Galicia S.A. is under the control of a pure holding company, EBA Holding S.A., which has the number of votes necessary to hold the majority of votes at the Shareholders’ Meetings, although it does not have any managerial functions over the former.

Compensation Systems

Directors’ compensation is defined by the General Shareholders’ Meeting and is fixed within the limits established by law and the corporate bylaws.

The Audit Committee expresses its opinion on whether compensation proposals for Directors are reasonable, taking into consideration market standards.

Business Conduct Policy

The Company has consistently shown respect for the rights of its shareholders, reliability and accuracy in the information provided, transparency as to its policies and decisions, and caution with regard to the disclosure of strategic business issues.

Code of Ethics

Grupo Financiero Galicia S.A. has a Code of Ethics formally approved that guides its policies and activities. It considers business objectivity and conflict-of-interests related-aspects, and how the employee should act upon identifying a breach of the Code of Ethics.

Banco de Galicia y Buenos Aires S.A.U.

Banco Galicia’s Board of Directors is the Company’s highest management body. As of the date of preparation of these consolidated financial statements, it is made up of seven directors and four alternate directors, who have the necessary knowledge and skills to clearly understand their responsibilities and duties within the corporate governance, and act with the loyalty and diligence of a good businessman.

Banco Galicia complies with the appropriate standards regarding total number of directors, as well as number of independent directors. Furthermore, its bylaws provide for the flexibility necessary to adapt from three (3) to nine (9) directors to the possible changes in the conditions in which the Bank carries out its activities.

The General Shareholders’ Meeting has the power to establish the number of directors, both independent and non-independent ones, and appoint them. Out of the seven directors, one of them is independent. In addition, two of the alternate directors are independent. The independence concept is defined in the regulations set forth by the C.N.V. and the Argentine Central Bank regulations.

As regards prevention of conflicts of interest, the provisions set forth in the General Corporations Law and the Capital Markets Law are applicable.

As set out in the bylaws, the term of office for both directors and alternate directors is three years; two thirds of them (or a fraction of at least three) are changed every year and may be reelected indefinitely.

The Board of Directors’ meeting is held at least once a week and when required by any director. The Board of Directors is responsible for the Bank’s general management and makes all the necessary decisions to such end. The Board of Directors’ members also take part, to a greater or lesser extent, in the commissions and committees created. Therefore, they are continuously informed about the Bank’s course of business and become aware of the decisions made by such bodies, which are transcribed into minutes.

Additionally, the Board of Directors receives a monthly report prepared by the General Manager, the purpose of which is to report the material issues and events addressed at the different meetings held between the General Manager and Senior Management. The Board of Directors becomes aware of such reports, as evidenced in the minutes.

In connection with directors’ training and development, the Bank has a program, which is reviewed every nine months, whereby they regularly attend courses and seminars of different kinds and subjects.

According to the activities carried out by the Bank, effective laws and corporate strategies, the following committees have been created to achieve an effective control over all activities performed by the Bank:

• Risk and Capital Allocation Committee

It is in charge of approving and analyzing capital allocation, establishing risk policies and monitoring the Bank’s risk.

• High Credit Committee

This committee’s function is to approve and sign credit ratings and grant transactions related to high-risk groups and customers, i.e., greater than 2.5% of the Bank’s individual Computable Regulatory Capital, loans to financial institutions (local or foreign) and related customers, in which case two thirds of the Board of Directors is required to participate.

• Low Credit Committee

This committee’s function is to approve and sign the credit ratings and grant transactions related to medium-risk groups and customers, equal to amounts greater than 1% of the Bank’s individual Computable Regulatory Capital.

• Asset and Liability Management Committee

It is in charge of analyzing the fundraising and its placement in different assets, the follow-up and control of liquidity, interest-rate and currency mismatches, and management thereof.

• Information Technology Committee

This Committee is in charge of supervising and approving the development plans of new systems and their budgets, as well as supervising these systems’ budget control. It is also responsible for approving the general design of the systems’ structure, the main processes thereof and the systems implemented, as well as monitoring the quality of the Bank’s systems, within the policies established by the Board of Directors.

• Audit Committee

The Audit Committee is responsible for helping the Board of Directors, in performing the control function of the Bank and its controlled companies and the companies in which it owns a stake, in order to fairly ensure the following objectives:

• Effectiveness and efficiency of operations;

• Reliability of the accounting information;

• Compliance with applicable laws and regulations; and

• Compliance with the goals and strategy set by the Board of Directors.

• Committee for the Control and Prevention of Money Laundering and Funding of Terrorist Activities (CPLA/FT, as per its initials in Spanish)

It is in charge of planning, coordinating and ensuring compliance with the policies on anti-money laundering and funding of terrorist activities set and approved by the Board of Directors.

• Committee for Information Integrity

It is in charge of encouraging compliance with the provisions of Sarbanes-Oxley (2002).

• Human Resources and Governance Committee

It is in charge of presenting the succession of the General Manager and Division Managers, analyzing and establishing the General Manager’s and Division Managers’ compensation, and monitoring the performance matrix of Department and Division Managers.

• Performance Reporting Committee

It is in charge of monitoring the performance and results of operations, and evaluating the macro situation.

• Liquidity Crisis Committee

It is in charge of evaluating the situation upon facing a liquidity crisis and deciding the steps to be implemented to tackle it.

• Strategy and New Businesses Committee

It is in charge of analyzing new businesses.

• Compliance Committee

It is in charge of instilling respect for Banco Galicia’s rules, code of conduct and ethics, and mitigating the risk of default, by defining policies and establishing controls and reports in the best interests of the Bank and its employees, shareholders and customers.

• Committee for the Protection of Users of Financial Services

It is responsible for following up on the activities developed by Banco Galicia’s management involved in user protection internal processes to ensure adequate compliance with legal and regulatory standards.

The Bank considers the General Manager and Division Management reporting to the General Manager as Senior Management. These are detailed as follows:

• Retail Banking Division

• Wholesale Banking Division

• Finance Division

• Comprehensive Corporate Services Division

• Organizational Development and Human Resources Division

• Risk Management Division

• Strategic Planning and Management Control Division

• Customer’s Experience Division

Senior Management’s main duties are as follows:

• Ensure that the Bank’s activities are consistent with the business strategy, the policies approved by the Board of Directors and the risks to be assumed.

• Implement the necessary policies, procedures, processes and controls to manage operations and risks cautiously, meet the strategic goals set by the Board of Directors and ensure that the latter receives material, full and timely information so that it may assess management and analyze whether the responsibilities assigned are effectively fulfilled.

• Monitor the managers from different divisions, in line with the policies and procedures set by the Board of Directors and establish an effective internal control system.

Basic Holding Structure

The Bank’s majority shareholder is Grupo Financiero Galicia S.A., which has full control of its shares and votes. In turn, the Bank holds equity investments in supplementary companies as shareholders of the parent, as well as minority interests in companies whose controlling company is its own shareholders of the parent. From a business point of view, this structure allows the Bank to take advantage of significant synergies that guarantee the loyalty of its customers and additional businesses. All business relationships with these companies, whether permanent or occasional in nature, are fostered under the normal and usual market conditions and this is true when the Bank holds either a majority or minority interest. Grupo Financiero Galicia S.A.’s Board of Directors submits to the Shareholders’ Meeting’s vote which shall be the Company’s vote in its capacity as shareholders of the parent at the Bank’s Shareholders’ Meeting. The same method of transparency and information as to its controlled companies and the companies it owns a stake in is applied at the Bank’s Shareholders’ Meetings, which are always attended by directors and officers thereof and the Board of Directors always provides detailed information about the Company’s activities.

Business Conduct Policy and/or Code of Ethics

The Bank has a formally approved Code of Ethics that guides its policies and activities. It considers business objectivity and conflict of interest related aspects, and how the employee should act upon identifying a breach of the Code of Ethics, with the involvement of the Conduct Committee.

Information Related to Personnel Economic Incentive Practices

The Human Resources and Governance Committee, composed of two (2) Directors, the General Manager and the Organizational Development and Human Resources Division Manager, is in charge of establishing the compensation policy for Banco Galicia’s personnel.

It is the policy of Banco Galicia to manage the full compensation of its personnel based on the principles of fairness, meritocracy and justice, within the framework of the legal regulations in force.

The aim of this policy is to provide an objective and fair basis, through the design and implementation of tools for the management of the fixed and variable compensation paid to each employee, based on the scope and complexity of each position’s responsibilities, individual performance with regard to compliance thereof, contribution to the Bank’s results and conformity to market values, with the purpose of:

• Attracting and creating loyalty with regard to quality personnel suitable for the achievement of the business strategy and goals.

• Being an individual motivation means.

• Easing the decentralized management of compensation administration.

• Allowing the effective budget control of personnel costs.

• Guaranteeing the internal fairness in order to monitor and ensure both external and internal fairness with regard to the payment of fixed and variable compensation. The Compensation area uses, and puts at the disposal of the Senior Management and the Human Resources Committee market surveys published by consulting firms specialized in compensation issues, pursuant to the market positioning policies defined by the management division for the different corporate levels.

With the purpose of gearing individuals towards the achievement of attainable results that contribute to the global performance of the Bank/Area, and to the increase in motivation for the common attainment of goals, differentiating individual contribution, Banco Galicia has different variable compensation systems:

1) Business Incentives and/or Incentives through Commissions system for business areas.

2) Annual Bonus System for management levels, officers and the rest of the employees who are not included in the business incentives system. The annual bonus is determined based on individual performance and the Bank’s results, and is paid in the first quarter of the next fiscal year. To determine the variable compensation for the Senior Management and Middle Management, the Bank uses the Management Performance Assessment System. This system has been designed including both qualitative and quantitative KPI (Key Performance Indicators). In particular, quantitative Key Performance Indicators are designed with respect to at least three minimum aspects:

a) Results.

b) Business volume or size.

c) Projections: Indicators that protect the business for the future (For example: Quality, internal and external customer satisfaction, risk coverage, work environment, etc.).

The significance or impact of each of them is monitored and adjusted yearly pursuant to the strategy approved by the Board of Directors.

The interaction among these three aspects seeks to make incentives related to results and growth consistent with the risk thresholds determined by the Board of Directors. In turn, there is no deferred payment of variable compensation subject to the occurrence of future events or in the long term, taking into consideration that the business environment in the Argentine financial system is characterized by being mainly transactional, with lending and borrowing transactions with a very short seasoning term.

Annual budget and management control – the latter carried out monthly in a general manner and quarterly in a more detailed manner - include different risk ratios, including the ratio between compensation and risks undertaken.

Variable compensation is only paid in cash. There are no share-based payments. Every change to this policy is submitted to Banco de Galicia y Buenos Aires S.A.’s Human Resources Committee for its consideration.

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Subsequent Events

12 Months Ended

Dec. 31, 2018

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Subsequent Events

NOTE 55. SUBSEQUENT EVENTS

Prisma Medios de Pago S.A.

Under the framework of the divestment commitment undertaken by Prisma Medios de Pago S.A. and its shareholders towards the Argentine Commission of Competence Defense, on January 21, 2019, Banco Galicia, along with the other shareholders, accepted an offer made by AI Zenith (Netherlands) B.V. to buy 3,182,444 book-entry common shares, with face value of $1 each and one vote per share, representing 7.7007% of this company’s capital stock.

The estimated total price of the transaction amounted to US$106,258, out of which Banco Galicia received US$ 63,073 on February 1, 2019 (date on which the shares were transferred). The price remainder, i.e. US$43,185, will be payable during the next five years: (i) 30% will be payable in Pesos at UVA rate, plus an annual nominal 15% rate and (ii) 70% will be payable in US Dollars at an annual nominal 10% rate.

Banco Galicia continues to hold 3,057,642 shares in Prisma Medios de Pago S.A., which represent 7.3988% of its capital stock.

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Accounting Policies and Basis for Preparation (Policies)

12 Months Ended

Dec. 31, 2018

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ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)

1.1.    FIRST-TIME ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)

These consolidated financial statements have been prepared in accordance and in compliance with the International Financial Reporting Standards issued by the IASB and the interpretations of the IFRIC (jointly, “IFRS”). All the IFRSs in force as of the date of preparation of these consolidated financial statements have been applied. The Group has applied IFRSs for the first time during the fiscal year starting on January 1, 2018, the transition date being January 1, 2017.

In the light of the fact that the Group is subject to the provisions of Article 2 – Section I – Chapter I of Title IV: Periodical Reporting Requirements of the National Securities Commission (“C.N.V.”) regulations, it is also required to present its financial statements in accordance with the valuation and disclosure criteria set forth by the Argentine Central Bank. As required by the aforementioned article, we hereby report that:

• Grupo Financiero Galicia S.A.’s corporate purpose is exclusively related to financial and investment activities;

• The equity investment in Banco de Galicia y Buenos Aires S.A.U. and Tarjetas Regionales S.A., the latter being subject to the consolidated supervision requirements laid down by the Argentine Central Bank (Communiqué “A” 2989, and complementary), accounts for 94.68% of Grupo Financiero Galicia S.A.’s assets, being the Company’s main asset.

• 110.29% of Grupo Financiero Galicia S.A.’s income is derived from its share of profit (loss) in the entities referred to in the preceding paragraph;

• Grupo Financiero Galicia S.A. has a 100% equity interest in Banco de Galicia y Buenos Aires S.A.U. and an 83% equity interest in Tarjetas Regionales S.A., thus having control over both entities.

The Argentine Central Bank, through Communiqué “A” 5541, as amended, set forth a convergence plan towards the application of International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) and the interpretations issued by the International Financial Reporting Interpretations Committee (IFRIC), for entities under the its supervision, effective for fiscal years commencing January 1, 2018. The convergence plan had two exceptions to the application of IFRS: (i) item 5.5 (Impairment) of IFRS 9 “Financial Instruments”, and (ii) IAS 29 “Financial Reporting in Hyperinflationary Economies”, both of which were waived until January 1, 2020, at which time entities will be required to apply the provisions of IFRS in full. The Group has presented its local financial statements under these rules on March 7, 2019. Shareholders’ equity under the rules of the Argentine Central Bank is presented in Note 54.

The Group’s consolidated financial statements for the fiscal year ended December 31, 2018 have been prepared in accordance with IFRS 1 “First-time Adoption of International Financial Reporting Standards.”

Comparative figures and figures as of the transition date (January 1, 2017) have been modified conform to IFRS.

Note 3 presents a reconciliation of the figures disclosed in the consolidated balance sheet, consolidated statement of comprehensive income, consolidated statement of other comprehensive income, and consolidated statement of cash flows comprising the consolidated financial statements issued under the prior accounting framework to the figures in accordance with IFRS, as well as the effects of adjustments to cash flows as of the transition date (January 1, 2017) and as of the adoption date (December 31, 2017).

It has been concluded that these consolidated financial statements fairly present the Group’s financial position, financial performance and cash flows, in accordance with IFRS.

BASIS FOR PREPARATION

1.2.    BASIS FOR PREPARATION

These consolidated financial statements have been prepared in accordance with IFRS.

The preparation of financial statements in conformity with IFRS requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Groups´ accounting policies. The areas involving higher degree of judgement or complexities or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 2.

Going Concern

(a)    Going Concern

As of the date of these consolidated financial statements, there are no uncertainties related to events or conditions that may cast significant doubt upon the Group´s ability to continue as a going concern.

Measurement Unit

(b)    Measurement Unit

IAS 29 “Financial Reporting in Hyperinflationary Economies” requires that the financial statements of an entity whose functional currency is that of a hyperinflationary economy be restated in terms of the current measurement unit as of the reporting period-end, irrespective of whether they are based on the historical cost or the current cost method. Accordingly, in general terms, non-monetary items should be adjusted for inflation occurring since the acquisition date or since the revaluation date, as the case may be. These requirements are also applicable to the comparative information reported in the financial statements. According to IAS 29, monetary assets and liabilities are not required to be restated, for they are stated in the measurement unit as of the end of the reporting period. Assets and liabilities subject to adjustments based on specific agreements will be adjusted on the basis of such agreements. Non-monetary items measured at their fair values at the end of the reporting period, such as net realizable value or otherwise, will not be restated. The other non-monetary assets and liabilities will be restated by applying a general price index. The income (loss) from the net monetary position will be charged to net income for the reporting period in a separate item.

In order to conclude whether a given economy qualifies as hyperinflationary pursuant to the terms of IAS 29, the standard sets forth certain factors that should be considered, including a three-year cumulative inflation rate reaching or exceeding 100%.

In this regard, the Argentine Federation of Professional Councils in Economic Sciences (F.A.C.P.C.E.) through Resolution J.G.539/18 and the Professional Council in Economic Sciences of the Autonomous City of Buenos Aires (C.P.C.E.C.A.B.A.) through Resolution C.D. 107/2018 have pointed out that, effective for fiscal years ending on July 1, 2018 and thereafter, entities reporting under IFRS will be required to apply IAS 29 since the conditions for such application have been satisfied. In addition, Law No. 27468 enacted in November 2018 abrogated the prohibition to present the financial statements adjusted for inflation, as established by Decree 664/2003, entrusting each regulatory agency with its application. In this regard, on December 26, 2018, the C.N.V. issued General Resolution No. 777/2018 authorizing the issuing entities to present accounting information in constant currency for annual financial statements for interim and special periods ending on December 31, 2018 and thereafter, except for financial institutions and insurance companies.

On February 22, 2019, through Communiqué “A” 6651, the Argentine Central Bank established that entities subject to its control shall restate the financial statements into constant currency for the fiscal years commencing January 1, 2020. However the Group has applied IAS 29 in these consolidated financial statements in order for them to comply with IFRS.

Changes in Accounting Criteria/New Accounting Standards

(c)    Changes in Accounting Criteria/New Accounting Standards

Certain new accounting standards and interpretations have been published that are not mandatory for December 31, 2018 reporting periods and have not been early adopted by the Group. The Group’s assessment of the impact of these new standards and interpretations is set out below.

IFRS 16 “Leases”: IFRS 16 was issued in January 2016. It will result in almost all leases being recognised on the balance sheet by lessees, as the distinction between operating and finance leases is removed. Under the new standard, an asset (the right to use the leased item) and a financial liability to pay rentals are recognised. The only exceptions are short-term and low-value leases as provided for in IAS 17. However, the new accounting model for lessee is expected to have an impact on negotiations between lessors and lessees. Entities are required to apply IFRS 16 for fiscal years commencing on or after January 1, 2019.

The application of such standard is expected to cause an increase of about $2.500 million in total assets for recording the right of use of assets net of their accumulated depreciation, coupled with an increase for the same amount in liabilities for recording the financial liability arising from the lease.

IFRS 17 “Insurance Contracts”: On May 18, 2017, the IASB issued IFRS 17 “Insurance Contracts,” establishing a comprehensive accounting framework based on measurement and disclosure principles for insurance contracts. The new standard supersedes IFRS 4 “Insurance Contracts,” and requires entities to measure an insurance contract at initial recognition at the total of the fulfilment cash flows (comprising the estimated future cash flows, an adjustment to reflect the time value of money and an explicit risk adjustment for non-financial risk) and the contractual service margin. The fulfilment cash flows are remeasured on a current basis each reporting period. The unearned profit (contractual service margin) is recognized over the coverage period. Entities are required to apply IFRS 17 for fiscal years commencing on or after January 1, 2021. The Group is assessing the potential impact this standard will have on its financial statements.

IFRIC 23 “Uncertainty over Income Tax Treatment”: This interpretation clarifies how the recognition and measurement requirements of IAS 12 “Income Tax” are applied when there is uncertainty over the income tax treatment. IFRIC 23 was published in June 2017 and entities will be required to apply it for fiscal years commencing on or after January 1, 2019.

Prepayment Features with Negative Compensation – Amendments to IFRS 9: This amendment to IFRS 9 enables entities to measure at amortized cost some prepayable financial assets with negative compensation. The assets affected, that include some loans and debt securities, would otherwise have been measured at fair value through profit or loss. To qualify for amortized cost measurement, the negative compensation must be “reasonable compensation for early termination of the contract” and the asset must be held within a ‘held to collect’ business model. Entities are required to apply this amendment to IFRS 9 for fiscal years commencing on or after January 1, 2019. The Group believes that the application of this standard will not have a material impact.

Investments in Associates and Joint Ventures – Amendments to IAS 28: The amendments clarify the accounting for investments in associates and joint ventures for which the equity method is not applied. Entities shall account for such investments according to IFRS 9 “Financial Instruments”. This includes the impairment requirements in IFRS 9. Entities are required to apply the amendments to IAS 28 for fiscal years commencing on or after January 1, 2019. The Group believes that the application of this standard will not have a material impact.

Annual Improvements to IFRS 2015–2017 Cycle: The following improvements were agreed in December 2017.

• IFRS 3: The amendments to IFRS 3 clarified that obtaining control of a joint operation is a business combination achieved in stages.

• IFRS 11: The amendments to IFRS 11 clarified that the party obtaining control of a business that is a joint operation should not remeasure its previously held interest in that joint operation.

• IAS 12: The amendments to IAS 12 clarified that the tax consequences of dividends on financial instruments classified as equity should be recognized according to where the past transactions or events that generated distributable profits where recognized. These requirements apply to all income tax consequences of dividend.

• IAS 23: The amendments to IAS 23 clarified that if a specific borrowing remains outstanding after the related qualifying asset is ready for its intended use or sale, then that borrowing becomes part of general borrowings.

Entities are required to apply these amendments for fiscal years commencing on or after January 1, 2019. The Group believes that the application of this standard would not have a material impact.

There are no other IFRS or IFRIC interpretations that are not yet effective and that would have a material impact on the Group.

CONSOLIDATION

1.3.    CONSOLIDATION

Subsidiaries are all entities, including structured entities, over which the Group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. The existence and effect of substantive rights, including potential voting rights, is taken into account when assessing whether the Group has control over another entity. In order for a right to be substantive, it must be exercisable by its holder when decisions about the direction of the entity’s relevant activities need to be made. The Group may have control over an entity, even if it is entitled to less than a majority of voting rights.

In addition, other investors’ protective rights, such as those related to substantive changes to the investee’s activities or only applicable under exceptional circumstances, do not prevent the Group from having power over an investee. Subsidiaries are fully consolidated from the date on which control is transferred to the Group. They are deconsolidated from the date that control ceases.

The following table shows the subsidiaries consolidated into the Group’s consolidated financial statements, at their different levels:

					Percentage Interest (%)
			Local and		12.31.18				12.31.17				01.01.17
Company	Country		Functional Currency	Closing Date	Direct		Direct and Indirect		Direct		Direct and Indirect		Direct		Direct and Indirect
Banco de Galicia y Buenos Aires S.A.U.		Argentina	ARP	12.31.18		100		100		100		100		100		100
Cobranzas Regionales S.A.		Argentina	ARP	12.31.18		—		83		—		77		—		77
Galicia Administradora de Fondos S.A.		Argentina	ARP	12.31.18		95		100		95		100		95		100
Galicia Broker Asesores de Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Retiro Compañía de Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Valores S.A.		Argentina	ARP	12.31.18		1		100		1		100		—		100
Galicia Warrants S.A.		Argentina	ARP	12.31.18		87.5		100		87.5		100		87.5		100
Financial Trust Galtrust I		Argentina	ARP	12.31.18		—		—		—		100		—		100
Financial Trust Saturno Créditos		Argentina	ARP	12.31.18		—		100		—		100		—		100
Net Investment S.A. (in Liquidation)(*)		Argentina	ARP	12.31.18		—		—		87.5		100		87.5		100
Ondara S.A.		Argentina	ARP	12.31.18		—		83.9		—		78.2		—		78.2
Sudamericana Holding S.A.		Argentina	ARP	12.31.18		87.5		100		87.5		100		87.5		100
Tarjeta Naranja S.A.		Argentina	ARP	12.31.18		83		83		—		77		—		77
Tarjetas del Mar S.A.		Argentina	ARP	12.31.18		—		—		—		—		—		60
Tarjetas Regionales S.A.		Argentina	ARP	12.31.18		83		83		—		77		—		77

(*) The final distribution was paid out on January 9, 2018.

As a result of the application of IFRS 10 “Consolidation,” the Group has started to consolidate Financial Trusts Saturno Créditos and Financial Trust Galtrust I in its consolidated financial statements, and deconsolidated Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A., as these two companies have been classified as held for sale as of December 31, 2017 and January 1, 2017.

For purposes of consolidation, the Group used the subsidiaries’ financial statements for the fiscal year ended December 31, 2018. Accounting policies of Sudamericana Holding S.A. have been adjusted in order for them to reflect similar criteria to those applied by the Group in preparing its consolidated financial statements.

Intercompany transactions, balances and unrealised gains on transactions between Group companies are eliminated.

Non-controlling interests in the results and equity of consolidated are shown separately in the consolidated income statement, consolidated statement of other comprehensive income, consolidated statement of changes in equity and consolidated balance sheet respectively.

According to the provisions set forth in IFRS 3 “Business Combinations,” the acquisition of subsidiaries is accounted for by applying the acquisition method. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are, with limited exceptions, measured initially at their fair values at the acquisition date.

Goodwill is measured as the difference, as of the acquisition date, of the identifiable assets acquired, the liabilities assumed, the value of the consideration transferred, the amount of the non-controlling interest in the investee, and the fair value of previously held interest in the investee before the acquisition date.

The consideration transferred in a business combination is measured at the fair value of the assets transferred by the acquirer, the liabilities assumed, and the equity instruments issued by the acquirer. Transaction costs are recognized as expenses in the periods in which costs were incurred and services were received, other than transaction costs incurred in issuing equity instruments which are deducted from equity and the transaction costs incurred in issuing debt instruments, which are deducted from their carrying amount.

TRANSACTIONS WITH THE NON-CONTROLLING INTEREST

1.4.    TRANSACTIONS WITH NON-CONTROLLING INTEREST

The Group treats transactions with non-controlling interests that do not result in a loss of control as transactions with equity owners of the Group. A change in ownership interest results in an adjustment between the carrying amounts of the controlling and non-controlling interests to reflect their relative interests in the subsidiary. Any difference between the amount of the adjustment to non-controlling interests and any consideration paid or received is recognised within equity attributable to owners of the Group.

ASSOCIATES

1.5.    ASSOCIATES

Associates are entities over which the Group has significant influence (either directly or indirectly), but not control joint control. This is generally the case where the Group holds between 20 and 50% interest in voting rights. Investments in associates are accounted for using the equity method and are initially recognized at cost. The carrying amount of associates includes the goodwill identified in the acquisition, net of accumulated impairment losses, if any. Dividends received from associates reduce the carrying amount of the investment. Other changes subsequent to the acquisition of the Group’s interest in an associate’s net assets are recognized as follows: (i) the Group’s interest in the profits or losses of the associates is accounted for in the income statement under Share of Profit from Associates and Joint Ventures, and (ii) the Group’s interest in other comprehensive income is recognized in the consolidated statement of other comprehensive income and is disclosed separately. However, when the Group’s share of losses in an associate equals or exceeds its interest the entity, the Group does not recognize further losses, unless it has incurred obligations or made payments on behalf of the other entity.

Unrealized gains on transactions between the Group and its associates are eliminated to the extent of the Group’s interest in the associate; unrealized losses are also eliminated, provides evidence of an impairment of the asset transferred.

SEGMENT REPORTING

1.6.    SEGMENT REPORTING

An operating segment is a component of an entity (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity), (b) whose operating results are regularly reviewed by the Group’s CODM (chief operating decision maker) to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available.

Operating segments are reported consistently with the internal reports submitted to the Board of Directors (CODM of the Group), which is responsible for making the Group’s strategic decisions, allocating resources and assessing the performance of the operating segments.

FOREIGN CURRENCY TRANSLATION

1.7.    FOREIGN CURRENCY TRANSLATION

(a) Functional and Presentation Currency

The figures disclosed in the consolidated financial statements for each of the Group’s entities are measured in their functional currency, that is, the currency of the main economic environment in which they operate. These consolidated financial statements are stated in Argentine Pesos, which is the Group’s functional and presentation currency. (See Note 1.2).

(b) Transactions and Balances

Foreign currency transactions are translated into the functional currency using the exchange rates at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at year end exchange rates are generally recognized in the income statement under “Gold and Foreign Currency Quotation Differences,”. They are deferred in equity if they relate to qualifying cash flow hedges and qualifying net investment hedges or are attributable to part of the net investment in a foreign operation.

Assets and liabilities in foreign currency are measured at the reference exchange rate of the U.S. dollar set by the Argentine Central Bank prevailing at the close of operations on the last working day of each month.

As of December 31, 2018, December 31, 2017, and January 1, 2017, balances in U.S. Dollars were converted applying the reference exchange rate ($37.8083, $18.7742 and $15.8502, respectively) set by the Argentine Central Bank. Assets and liabilities valued in foreign currencies other than the U.S. Dollar were converted into the latter currency using swap rates reported by the Argentine Central Bank.

CASH AND DUE FROM BANKS

1.8.    CASH AND DUE FROM BANKS

The item Cash and Due from Banks includes cash available and unrestricted deposits held in banks, which are short-term liquid instruments and have original maturities of less than three months.

The assets disclosed under cash and cash equivalents are accounted for at amortized cost which approximates its fair value.

FINANCIAL INSTRUMENTS

1.9.    FINANCIAL INSTRUMENTS

Initial Recognition

The Group recognizes a financial asset or liability in its consolidated financial statements, as the case may be, when it becomes a party to the contractual provisions of the instrument. Regular way purchases and sales of financial assets are recognized on trade-date, the date on which the group commits to purchase or sell the asset.

Upon initial recognition, the Group measures financial assets and liabilities at fair value, plus or less, in the case of instruments that are not recognized at fair value through profit or loss, the transaction costs directly attributable to the acquisition, such as fees and commissions.

Where the fair value differs from the acquisition cost at the time of initial recognition, the Group recognizes the difference as follows:

a. When the fair value is evidenced by a quoted price in an active market for an identical asset or liability, or is based on a valuation technique that uses only data from observable markets, the difference is recognized as profit or loss, as the case may be.

b. In all other cases, the difference is deferred. After initial recognition, the entity shall recognize that deferred difference as a gain or loss only to the extent that it arises from a change in a factor (including time) that market participants would take into account when pricing the asset or liability.

Financial Assets

a. Debt Instruments

The Group classifies as debt instruments such instruments that are considered financial liabilities for the issuer, including loans, government and private securities, bonds, and accounts receivable from customers.

Classification

As set out in IFRS 9, the Group classifies financial assets as subsequently measured at amortized cost, at fair value through in other comprehensive income or at fair value through profit or loss, on the basis of:

• the Group’s business model to manage financial assets; and

• the characteristics of contractual cash flows of the financial asset.

Business Model

The business model is the manner in which the Group manages a set of financial assets to achieve a specific business goal. It represents the manner in which the Group manages its financial assets in order to generate cash flows.

The Group may follow several business models; whose objective is:

• Holding instruments to collect its contractual cash flows;

• Holding instruments in portfolio to collect contractual cash flows and, in turn, sell them if deemed convenient; or

• Holding instruments for trading.

The Group’s business model does not depend on the intended purpose of an individual instrument. Accordingly, this condition is not an approach for classification of instruments on an individual basis. Instead, such classification is determined at a higher level of aggregation.

The Group only reclassifies an instrument if and when the business model for managing financial assets has changed. Such reclassification takes place as from the commencement of the period in which the change has occurred. Such changes are not expected to be frequent, with no changes having occurred during the fiscal year.

Characteristics of Contractual Cash Flows

The Group assesses whether the cash flows from the aggregated instruments represent payments of solely principal and interest on the principal amount outstanding; otherwise, such instruments should be measured at fair value through profit or loss.

Based on the aforementioned, Financial Assets are classified into three categories:

(i) Financial assets measured at amortized cost:

Financial assets are measured at amortized cost when:

(a) the financial asset is held within a business model whose objective is to maintain financial assets to collect contractual cash flows; and

(b) the contractual conditions of the financial asset give rise, on certain specified dates, to cash flows which are solely payments of principal and interest on the outstanding principal amount.

These financial instruments are initially recognized at fair value plus the incremental and directly attributable transaction costs, and are subsequently measured at amortized cost.

The amortized cost of a financial asset is equal to its acquisition cost, net of accumulated amortization plus accrued interest (calculated applying the effective rate method), net of impairment losses, if any.

(ii) Financial assets at fair value through other comprehensive income:

Financial assets are measured at fair value through other comprehensive income when:

(a) the financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and

(b) the contractual conditions of the financial asset give rise, on certain specified dates, to cash flows which are only principal and interest payments on the outstanding principal amount.

These instruments are initially recognized at fair value plus the incremental and directly attributable transaction costs, and are subsequently measured at fair value through other comprehensive income. The gains and losses arising from the changes in fair value are included in other comprehensive income under a separate component of equity. Losses or impairment reversals, interest income, and exchange gains and losses are charged to income. Upon the sale or disposal of the instrument, the accumulated gains or losses previously recognized in other comprehensive income are reclassified from the income statement.

(ii) Financial assets at fair value through profit or loss:

Financial assets at fair value through profit or loss are:

• Instruments held for trading;

• Instruments specifically designated at fair value through profit or loss; and

• Instruments whose contractual terms do not represent cash flows but rather principal or interest payments only on outstanding principal amount.

These financial instruments are initially recognized at fair value and any fair value measurement is charged to the income statement.

The Group classifies a financial instrument as held for trading if such instrument is acquired or incurred for the main purpose of selling or repurchasing it in the short term, or if it is part of a portfolio of financial instruments which are managed together and for which there is evidence of short-term profits, or if it is a derivative financial instrument not designated as a hedging instrument. Derivatives and trading securities are classified as held for trading and are measured at fair value.

Furthermore, financial assets may be measured at fair value through profit or loss when, in doing so, the Group eliminates or substantially reduces a measurement or recognition inconsistency.

b. Equity Instruments

Equity instruments are those considered as such by the issuer; in other words, instruments which do not include a contractual obligation to pay cash and which evidence a residual interest on the issuer’s assets after deducting all of its liabilities.

Such instruments are measured at fair value through profit or loss, except where management has used, at the time of their initial recognition, the irrevocable option to measure them at fair value through other comprehensive income. This option is only available when instruments are not held for trading. The gains or losses of these instruments will be recognized in Other Comprehensive Income, with no reclassification, to profit or loss even if when they are realized. Dividends receivable from such instrument will be charged to income only at the time the Group becomes entitled to receive payment.

Financial Liabilities

Classification

The Group classifies its financial liabilities at amortized cost using the effective interest rate method, except for:

• Financial liabilities measured at fair value through profit or loss, including derivative financial instruments.

• Liabilities resulting from the transfer of financial assets that do not meet the derecognition criteria.

• Financial guarantee contracts.

• Loan commitments at lower than market rates.

Financial liabilities measured at fair value through profit or loss: The Group may, upon initial recognition, use the irrevocable option to designate a financial liability at fair value through profit or loss, if and only if exercising such option results in a better information because:

• the Group eliminates or substantially reduces measurement or recognition inconsistencies which would otherwise arise;

• if financial assets and liabilities or a group of financial assets or liabilities are managed and performance is assessed on a fair value basis, according to a documented investment or risk management strategy; or

• if a host contract contains one or more embedded derivatives and the Company has opted for designating the entire contract at fair value through profit or loss.

Financial guarantee contracts: Financial guarantee contracts require the issuer to make specified payments to reimburse the holder for a loss it may incur if a specified debtor fails to make payment when due under a debt instrument´s original modified terms.

Financial guarantee contracts and loan commitments at lower than market rates are initially measured at fair value and then remeasured at the higher of the unaccrued premium at year-end and the applicable allowance for impairment.

Derecognition of Financial Instruments

Financial Assets

A financial asset or, where applicable, a portion of a financial asset or a portion of a group of similar financial assets, is derecognized when: (i) the rights to receive cash flows from the asset have expired; or (ii) the Group has transferred its rights to receive cash flows from the asset or has assumed the obligation to remit all cash flows received to a third party without material delay under a pass-through agreement ; and substantially all risks and rewards inherent to the asset have been transferred or, if substantially all risks and rewards inherent to the asset have not been transferred or retained, when control over such asset has been transferred.

When the contractual rights to receive the cash flows generated by the asset have been transferred or a pass-through agreement has been entered into, the entity will assess whether or not, and to which extent, it has retained the risks and rewards inherent to ownership of an asset. If an entity has neither transferred nor retained substantially all risks and rewards inherent to ownership of an asset, nor has it transferred control over such asset, then it will continue recognizing such asset in its financial statements to the extent of its continuing involvement.

In this case, the entity will also recognize the related liability. The transferred asset and the related liability are measured in such a manner as to reflect the rights and obligations the Group has retained.

When continuing involvement takes the form of collateral over the transferred asset, it is measured at the lower of (i) the original carrying amount, and (ii) the maximum amount of the consideration received the entity could be required to repay.

Financial Liabilities:

A financial liability is derecognized when the payment obligation is satisfied, is canceled or expires. When an existing financial liability is exchanged for another with the same borrower under substantially different terms, or the prevailing terms are substantially modified, such exchange or modification will be treated as a derecognition of the original liability, and a new liability will be recognized. The difference between the carrying amount of the initial financial liability and the consideration paid is recognized in the consolidated income statement. When renegotiation terms do not substantially differ or the terms are not significantly modified, the flows of modified financial liabilities are discounted at the original contract rate.

DERIVATIVE FINANCIAL INSTRUMENTS

1.10.    DERIVATIVE FINANCIAL INSTRUMENTS

Derivative Financial instruments, including foreign exchange contracts, interest rate futures, forwards, interest rate and currency swaps, and currency and interest rate options, are carried at fair value.

All derivative financial instruments are accounted for as assets when fair value is positive and as liabilities when fair value is negative, relative to the agreed-upon price. Changes in the fair value of derivative instruments are charged to income for the fiscal year.

The Group has not applied hedge accounting in these consolidated financial statements.

REPO TRANSACTIONS

1.11.    REPO TRANSACTIONS

Reverse Repo Transactions

According to the derecognition principles set out in IFRS 9, these transactions are treated as secured loans for the risk has not been transferred to the counterparty.

Loans received in the form of reverse repo agreements are accounted for under “Repo Transactions”, classified by counterparty (i.e. financial debtors, Argentine Central Bank and non-financial debtors) and also by the type of assets received as collateral.

At the end of each month, accrued interest income is charged against “Repo Transactions” with its corresponding offsetting entry in “Interest Income.”

The assets received and sold by the Group are derecognized at the end of the repo transaction, and an in-kind liability is recorded to reflect the obligation of delivering the security disposed of.

Repo Transactions

Loans received in the form of repo agreements are accounted for under “Repo Transactions”, classified by counterparty (financial creditors, Argentine Central Bank and non-financial creditors) and also by the type of asset pledged as collateral.

In these transactions, when the recipient of the underlying asset becomes entitled to sell it or pledge it as collateral, it is reclassified to “Financial Assets Pledged as Collateral” At the end of each month, these assets are measured according to the category they had before they were subject to the repo transaction, and results are charged against the applicable accounts, depending on the type of asset.

At the end of each month, accrued interest expense is charged against “Repo Transactions” with its corresponding offsetting entry in “Interest-related Expenses.”

ALLOWANCES FOR LOAN LOSSES

1.12.    ALLOWANCES FOR LOAN LOSSES

The Group assesses on a forward-looking basis the expected credit losses (“ECL”) associated with its debt instruments assets carried at amortized cost and FVOCI, together with the exposure arising from loan commitments and financial guarantee contracts. The Group recognizes a loss allowance for such losses at each reporting date. The measurement of ECL reflects:

• An unbiased and probability-weighted amount is determined by evaluating a range of possible outcomes,

• The time value of money, and

• Reasonable and supportable information that is available without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic conditions.

Note 46 provides more detail of how the expected credit loss allowance is measured.

LEASES

1.13.    LEASES

1.13.1.    Operating Leases

Leases where the lessor retains a substantial portion of the risks and rewards of ownership are classified as operating leases. Payments made under operating leases (net of lease incentives) are recognized in profit or loss on a straight-line basis over the term of the lease.

1.13.2.    Finance Leases

Finance leases are capitalized, at the lease’s inception at the fair value of the leased property or, if lower, the present value of the minimum lease payments.

Each lease payment is allocated between the liability and finance cost. The finance cost is charged to the profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. Assets acquired under a finance lease are depreciated during the shorter of the asset useful life and the lease term.

PROPERTY, PLANT AND EQUIPMENT

1.14.    PROPERTY, PLANT AND EQUIPMENT

The Group has used the option set out in IFRS 1 “First-time Adoption of IFRS” and has adopted the fair value as deemed cost for certain items of property, plant and equipment on transition date to IFRS as mentioned in Note 3.

Assets are stated at historical cost adjusted for inflation (as explained in Note 1.2.b.) less depreciation. Historical cost includes expenditure that is directly attributable to the acquisition of items. The items of property, plant and equipment acquired in a business combination were initially measured at their estimated fair value at the time of the acquisition.

Subsequent costs are included in the value of the asset and are recognized as a separate asset, as the case may be, if and only if future economic benefits are expected to flow to the Group and its cost can be measured reliably. The carrying amount of any component accounted for as a separate asset is derecognized when replaced. All other repairs and maintenance are charged to profit or loss during the reporting period in which they are incurred.

Depreciation is calculated on a straight-line basis, using annual rates sufficient to extinguish the value of the assets at the end of their estimated useful life. If an asset is comprised by significant components with varying useful lives, such components will be recognized and depreciated as separate item. Property, plant and equipment residual values, useful lives and depreciation methods are reviewed and adjusted, as needed, as of each year-end or when indicators of impairment exist.

The carrying amount of property, plant and equipment is immediately reduced to its recoverable value when the carrying amount exceeds the estimated recoverable value.

Gains and losses from the disposal of items of property, plant and equipment are calculated by comparing the proceeds from the disposal to the carrying amount of the respective asset and are charged to income.

INTANGIBLE ASSETS

1.15.    INTANGIBLE ASSETS

1.15.1.    Licenses

Separately acquired licenses are shown at historical cost, restated in accordance with Note 1.2.b. while licenses acquired through business combinations are measured at their estimated fair value on the acquisition date and restated in accordance with 1.2.b.

As of the date of these consolidated financial statements, intangible assets with definite useful life are disclosed net of accumulated amortization and/or impairment losses, if any. These assets are tested for impairment on an annual basis or when indicators of impairment exist.

Licenses acquired by the Group were classified as intangible assets with definite useful life and are amortized on a straight-line basis over the license term.

Intangible assets with indefinite useful life are those arising from contracts or other legal rights renewable at no significant cost and for which, on the basis of an analysis of all relevant factors, there is no foreseeable time limit during which the asset is expected to generate net cash flows for the Group. These intangible assets are not amortized, but are rather tested for impairment on an annual basis or when indicators of impairment exist, either individually or at the cash-generating unit level. The determination of the indefinite useful life is reviewed on an annual basis to confirm whether it is still applicable.

1.15.2.    Software

Costs associated with software maintenance are recognized as an expense when incurred.

Development costs that are directly attributable to the design and testing of identifiable and unique software products controlled by the group are recognized as intangible assets when the following criteria are met:

• it is technically feasible to complete the software so that it will be available for use

• management intends to complete the software and use or sell it

• there is an ability to use or sell the software

• it can be demonstrated how the software will generate probable future economic benefits

• adequate technical, financial and other resources to complete the development and to use or sell the software are available, and

• the expenditure attributable to the software during its development can be reliably measure costs incurred in software development, acquisition and deployment recognized as intangible assets are amortized on a straight-line basis during the estimated useful life and restated in accordance with Note 1.2.b.

ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS

1.16.    ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS

1.16.1.    Assets Held for Sale

The assets, or group of assets, classified as held for sale pursuant to IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations,” are disclosed separately from the other assets.

Non-current assets or disposal groups (including the loss of control over a subsidiary) are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than through continuing use and a sale is considered highly probable. In order for an asset to be classified as held for sale, it must meet the following conditions:

• it must be available for immediate sale in its current condition;

• Management must be committed to a plan to sell the asset and must have initiated an active program to locate a buyer and complete the plan;

• the asset must be actively marketed for sale at a reasonable price in relation to its current fair value;

• the sale must be expected to be completed within 12 months from the reclassification date;

• it is unlikely that the plan will be significantly changed or withdrawn.

Assets, or groups of assets, classified as held for sale pursuant to IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations,” are measured at the lower of their carrying amount and fair value less costs to sell and are restated in accordance with Note 1.2.b.

Non-current assets (including those that are part of a disposal group) are not depreciated or amortized while they are classified as held for sale.

1.16.2.    Discontinued Operations

A discontinued operation is a Group’s component that either has been disposed of, or classified as held for sale, and meets any of the following conditions:

• represents either a separate major line of business or a geographical area of operations;

• is part of a single coordinated plan to dispose of a separate major line of business or geographical area of operations; or

• is an independent entity exclusively acquired with a view to resale.

Any gain or loss on the remeasurement of an asset (or disposal group) classified as held for sale which does not meet the requirements to be classified as a discontinued operation will be recognized in income from continuing operations.

IMPAIRMENT OF NON-FINANCIAL ASSETS

1.17.    IMPAIRMENT OF NON-FINANCIAL ASSETS

Assets with indefinite useful life are not subject to amortization and are tested annually for impairment, or more frequently if events or changes in circumstances indicate that they might be impaired. Other assets are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable or, at least, on an annual basis.

An impairment loss is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs of disposal and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash inflows which are largely independent of the cash inflows from other assets or groups of assets (cash-generating units). Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal of the impairment at the end of each reporting period.

TRUST ASSETS

1.18.    TRUST ASSETS

Assets held by the Group in its capacity as trustee are not included in the consolidated balance sheet because the Group has neither control over the trust nor the risks and benefits of the underlying assets. Commissions and fees earned on trust activities are disclosed in “Fee Income”.

OFFSETTING

1.19.    OFFSETTING

Financial assets and liabilities are offset and the net amount reported in the balance sheet where the Group currently has a legally enforceable right to offset the recognized amounts, and there is an intention to settle on a net basis or realize the asset and settle the liability simultaneously.

LOANS FROM THE ARGENTINE CENTRAL BANK AND OTHER FINANCIAL INSTITUTIONS

1.20.    LOANS FROM THE ARGENTINE CENTRAL BANK AND OTHER FINANCIAL INSTITUTIONS

The amounts owed to other financial institutions are recorded at the time the bank disburses the proceeds to the economic group. The non-derivative financial liability is measured at amortized cost. Where the Group buys back its own debt, such debt will be derecognized from its consolidated financial statements and the difference between the residual value of the financial liability and the amount paid will be recognized as financial income or expense, as the case may be.

PROVISIONS / CONTINGENCIES

1.21.    PROVISIONS / CONTINGENCIES

A provision will be recognized when:

a. an entity has a present obligation (legal or constructive) as a result of a past event;

b. it is probable that an outflow of resources embodying future economic benefits will be required to settle the obligation; and

c. the amount can be reliably estimated.

The Group will be deemed to have a constructive obligation where (a) the Group has assumed certain responsibilities as a consequence of past practices or public policies, and (b) as a result, the Group has created an expectation that it will discharge those responsibilities.

The Group recognizes the following provisions:

• For labor, civil and commercial lawsuits: These provisions are calculated on the basis of attorneys’ reports about the status of the proceedings and the estimate about the potential losses the Group may sustain, as well as on the basis of past experience in proceedings of these kinds.

• For miscellaneous risks: These provisions are set up to address contingencies that may trigger obligations for the Group. In estimating the provision amounts, the Group evaluates the likelihood of occurrence taking into consideration the opinion of its legal and professional advisors.

The provision amount recognized by the Group must be the best estimate at the reporting year-end of the disbursement required to settle the current obligation.

Where the financial effect of the discount is material, the provision amount must be the present value of the disbursements expected to be required to settle the obligation, applying a pre-tax interest rate that reflects prevailing market conditions on the time value of money and the risks specific to such obligation. The increase in the provision due to the passage of time is recognized under Financial Income (Loss), Net in the income statement.

The Group will not account for positive contingencies, other than those arising from deferred taxes and those whose occurrence is virtually certain.

As of the date of these consolidated financial statements, the Group’s management believes there are no elements leading to determine the existence of contingencies that might be materialized and have a negative impact on these consolidated financial statements other than those disclosed in Note 47.

OTHER NON-FINANCIAL LIABILITIES

1.22.    OTHER NON-FINANCIAL LIABILITIES

Non-financial accounts payable are accrued when the counterparty has fulfilled its contractual obligations and are measured at amortized cost.

DEBT INSTRUMENTS ISSUED

1.23.    DEBT INSTRUMENTS ISSUED

The Debt Instruments Issued by the Group are measured at amortized cost. Where the Group buys back its own debt, the liability in respect of such debt instrument will be deemed extinguished and, accordingly, the debt instrument will be derecognized. Where the Group buys back its own debt, such debt will be derecognized from its consolidated financial statements and the difference between the residual value of the financial liability and the amount paid will be recognized as financial income or expense, as the case may be.

ASSETS AND LIABILITIES ARISING FROM INSURANCE CONTRACTS

1.24.    ASSETS AND LIABILITIES ARISING FROM INSURANCE CONTRACTS

Assets and liabilities arising from the Group’s insurance contracts are measured and recorded according to the criteria set forth in IFRS 4 “Insurance Contracts”.

Assets for Insurance Contracts

Insurance contracts are those contracts under which the Group (the insurer) has accepted an insurance risk from the other party (the policyholder) by agreeing to compensate the policyholder if a specified uncertain future event (the insured event) adversely affects the policyholder.

Once a contract has been classified as an insurance contract, it continues to be an insurance contract for its remaining useful life, even if the insurance risk is significantly reduced during this period, unless all the rights and obligations are extinguished or expire.

The insurance contracts offered by the Group include property insurance covering fire, homeowners’ insurance, theft and similar risks, property damages, personal accidents, among other risks. They also include life and retirement insurance.

Total premiums are recognized as an account receivable on the date of issuance of the policy. At the same time, a reserve for unaccrued premiums representing premiums for risks that have not yet expired is recorded in liabilities. Unaccrued premiums are recognized as revenue during the contract period, which is also the coverage and risk period. The carrying amount of accounts receivable from insurance is reviewed for impairment provided that events or circumstances indicate that the carrying amount may not be recoverable. The impairment loss is charged to the income statement.

Liabilities Recognized for the Insurance Business

Debts with Insured Reserves

Reserves for insurance losses account for debts with insured for losses reported to the company and the estimated losses that have already been incurred but to date have not been reported to the company (IBNR losses). Reported losses are adjusted based on technical reports received from independent appraisers.

Debts with Reinsurers and Co-insurers

The Group mitigates the risk for some of its insurance businesses through coinsurance or reinsurance contracts with other companies. In the case of coinsurance, the company associates with another company to cover the risk assuming only a share thereof and, accordingly, of the premium as well. In the case of reinsurance, the risk is transferred to another insurance company both proportionally (as a share of the risk) and non-proportionally (the excess of loss is covered above a specified limit). The transferred reinsurance agreements do not release the Group from its obligations towards the insured.

Liabilities for coinsurance and reinsurance represent the amounts owed under the same terms and amounts payable are estimated consistently with the contract that has given rise thereto.

Debts with Insurance Brokers

They represent the liabilities with insurance brokers and representative agents arising from commissions on insurance operations they originate for the Group’s companies. They also include the current account balances with those entities.

Statutory Reserves

Statutory reserves include the reserves for obligations of future benefits by virtue of their life insurance policies, annuities and accidents, and the reserves for retirement insurance contracts.

The Group evaluates, at the end of the reporting period, the adjustment of insurance liabilities that have been recognized, using the current estimates of future cash flows from insurance contracts. If the evaluation shows that the carrying amount of its liabilities for insurance contracts (less deferred acquisition costs and related intangible assets) is not adequate, considering the estimated future cash flows, the total amount of the inadequacy will be recognized in profit or loss. According to IFRS 4, the Group will be required to determine the adequacy of the carrying amount recorded pursuant to the guidelines set out in IAS 37.

SHAREHOLDERS' EQUITY

1.25.    SHAREHOLDERS’ EQUITY

Shareholders’ equity accounts are restated in accordance with Note 1.2.b., except for the item “Capital Stock”, which is carried at face value. The restatement adjustment is included in “Adjustments to Shareholders’ Equity.”

Ordinary shares are recognized in shareholders’ equity and carried at face value. When any company comprising the Group buys shares of the Company’s capital stock (treasury stock), the payment made, including any cost directly attributable to the transaction (net of taxes), is deducted from shareholders’ equity until the shares are either canceled or disposed of.

PROFIT RESERVES

1.26.    PROFIT RESERVES

Pursuant to Section 70 of the General Corporations Law, the Company and its subsidiaries, other than Banco Galicia, are required to appropriate 5% of the net income for the fiscal year to the Legal Reserve until such reserve is equal to 20% of capital stock, plus the balance of the Capital Adjustment account.

As concerns Banco Galicia, according to the regulations set forth by the Argentine Central Bank, 20% of net income for the fiscal year, net of previous years’ adjustments, if any, is required to be appropriated to the legal reserve. Notwithstanding the aforementioned, in appropriating amounts to other reserves, Financial Institutions are required to comply with the provisions laid down by the Argentine Central Bank in the revised text on distribution of dividends described in Note 54.8.

DISTRIBUTION OF DIVIDENDS

1.27.    DISTRIBUTION OF DIVIDENDS

The distribution of dividends to the Group’s shareholders is recognized as a liability in the consolidated financial statements for the fiscal year in which dividends are approved by the Group’s shareholders.

REVENUE RECOGNITION

1.28.    REVENUE RECOGNITION

Financial income and expense is recognized in respect of all debt instruments in accordance with the effective interest rate method, pursuant to which all gains and losses which are an integral part of the transaction effective interest rate are deferred.

Gains or losses included in the effective interest rate embrace disbursements or receipts relating to the creation or acquisition of a financial asset or liability, such as preparation and processing of the documents required to consummate the transactions, and payments received for the extension of credit arrangements. The Group accounts for its non-derivative financial liabilities at amortized cost, except for those included in “Liabilities at Fair Value through Profit or Loss,” which are measured at fair value.

Fees and commissions earned by the Group on the origination of syndicated loans are not part of the product effective interest rate, and are recognized in the income statement at the time the service is delivered, to the extent the Group does not retain a portion of the same, or such effective interest rate is maintained under the same conditions as the other participants. Commissions and fees earned by the Group on negotiations in third parties’ transactions are not part of the effective interest rate either, and are recognized at the time the transactions are executed.

IFRS 15 establishes the principles that an entity shall apply to recognize revenue and cash flows from contracts with customers.

The amount that should be recognized will be the amount that reflects the consideration to which the entity expects to be entitled in exchange for the services delivered to customers.

The Group’s income from services is recognized in the income statement as performance obligations are fulfilled, part of the consideration received is allocated to the point granted for the Group´s customer loyalty programs. Consideration is allocated based on the relative standalone selling prices for services rendered and points granted. Points are accumulated based on the redemption rate, once they are redeemed by customers, the Group recognizes the revenue associated to them.

Revenue recognized during the year is restated as explained in Note 1.2.b.

Below is a summary of the main commissions earned by the Bank:

Commissions	Earning Frequency
Retail Products and Services
Savings Accounts	Monthly
Checking Accounts	Monthly
Credit-card Renewal	Annual
Safe Deposit Boxes	Quarterly
Bonds and Shares Transactions	On each transaction
Wholesale Products
Account Maintenance	Monthly
Deposits and Withdrawals among Branches	Monthly
Foreign Trade Transactions	On each transaction

INCOME TAX AND MINIMUM PRESUMED INCOME TAX

1.29.    INCOME TAX AND MINIMUM PRESUMED INCOME TAX

1.29.1.    Income Tax

The income tax expense for the year includes current and deferred tax. Income tax is recognized in the consolidated income statement, except for items required to be recognized directly in other comprehensive income. In this case, the income tax liability related to such items is also recognized in such statement.

The current income tax expense is calculated on the basis of the tax laws enacted or substantially enacted as of the balance sheet date in the countries where the Group operates and generates taxable income. The Group periodically assesses the position assumed in tax returns in connection with circumstances in which the tax laws are subject to interpretation. On the other hand, when required, the Group sets up provisions in respect of the amounts expected to be required to pay to the tax authorities.

Deferred income tax is determined, in its entirety, by applying the liability method on the temporary differences arising from the carrying amount of assets and liabilities and their tax base. However, the deferred tax arising from the initial recognition of an asset or liability in a transaction other than a business combination which, at the time of the transaction does not affect income or loss for accounting or tax purposes, is not recorded. The deferred tax is determined using tax rates (and laws) enacted as of the date of the financial statements and that are expected to be applicable when the deferred tax assets are realized or the deferred tax liabilities are settled.

Deferred tax assets are recognized only to the extent future tax benefits are likely to arise against which the temporary differences might be offset.

The Group recognizes a deferred tax liability for taxable temporary differences related to investments in subsidiaries and affiliates, except that the following two conditions are met:

(i) the Group controls the timing on which temporary differences will be reversed; and

(ii) such temporary differences are not likely to be reversed in the foreseeable future.

The balances of deferred tax assets and liabilities are offset when a legal right exists to offset current tax assets against current tax liabilities and to the extent such balances are related to the same tax authority of the Group or its subsidiaries, where tax balances are intended to be, and may be, settled on a net basis.

1.29.2.    Minimum Presumed Income Tax

The Group determines the minimum presumed income tax at the effective rate of 1% of the computable assets at each fiscal year-end. This tax is supplementary to income tax. The Group’s tax liability is equal to the higher of the two taxes. However, if the minimum presumed income tax were to exceed income tax in a given fiscal year, such excess may be computed as a payment on account of the income tax that could be generated in any of the next ten fiscal years.

The minimum presumed income tax credit disclosed under “Current Income Tax Assets” is the portion the Group expects to offset against the income tax in excess of minimum presumed income tax to be generated in the following ten fiscal years.

EARNINGS PER SHARE

1.30.    EARNINGS PER SHARE

Basic earnings per share are calculated as income (loss) attributable to the owners of the Parent, divided by average ordinary shares outstanding.

Diluted earnings per share are calculated by adjusting income (loss) attributable to owners of the Parent and average ordinary shares outstanding adjusted for the effects of the potential conversion into equity instruments of all convertible instruments held by the Group at period-end.

FAIR VALUE OF DERIVATIVE INSTRUMENTS AND OTHER INSTRUMENTS

a. FAIR VALUE OF DERIVATIVE INSTRUMENTS AND OTHER INSTRUMENTS

The fair value of financial instruments not listed in active markets is determined using valuation techniques. Such techniques are validated and reviewed periodically by qualified personnel independent from the area which developed them. All models are assessed and adjusted before being put into use in order to ensure that results reflect current information and comparable market prices. Where possible, models rely on observable inputs only; however, certain factors, such as the Group’s own and the counterparty’s credit risk, volatilities and correlations, require the use of estimates. Changes in the assumptions about these factors may affect the reported fair value of financial instruments.

IMPAIRMENT LOSSES ON LOANS AND ADVANCES

b. IMPAIRMENT LOSSES ON LOANS AND ADVANCES

The Group recognizes the allowance for loan losses under the expected credit losses method included in IFRS 9. The most significant judgments of the model relate to defining what is considered to be a significant increase in credit risk, determining the life of revolving facilities, and in making assumptions and estimates to incorporate relevant information about past events, current conditions and forecasts of economic conditions. A high degree of uncertainty is involved in making estimations using assumptions that are highly subjective and very sensitive to the risk factors.

IMPAIRMENT OF NON-FINANCIAL ASSETS

c. IMPAIRMENT OF NON-FINANCIAL ASSETS

Intangible assets with definite useful life and property, plant and equipment are amortized or depreciated on a straight-line basis during their estimated useful life. The Group monitors the conditions associated with these assets to determine whether the events and circumstances require a review of the remaining amortization or depreciation term and whether there are factors or circumstances indicating impairment in the value of the asset which might not be recoverable.

Identifying the indicators of impairment of property, plant and equipment and intangible assets requires the use of judgment. The Group has concluded that there were no indicators of impairment for any of the years reported in its consolidated financial statements.

INCOME TAX AND DEFERRED TAX

d. INCOME TAX AND DEFERRED TAX

The assessment of current and deferred tax assets and liabilities requires a significant level of judgment. Current income tax is accounted for according to the amounts expected to be paid, while deferred income tax is accounted for on the basis of the temporary differences between the carrying amount of assets and liabilities and their tax base, at the rates expected to be in force at the time of reversal of such differences.

A deferred tax asset is recognized when future taxable income is expected to exist to offset such temporary differences, based on Management’s assumptions about the amounts and timing of such future taxable income. Then, management needs to determine whether deferred tax assets are likely to be used and offset against future taxable income. Actual results may differ from these estimates, for instance, changes in the applicable tax laws or the outcome of the final review of the tax returns by the tax authorities and tax courts.

Future taxable income and the number of tax benefits likely to be available in the future are based on a medium-term business plan prepared by management, on the basis of expectations which are deemed reasonable.

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Accounting Policies and Basis for Preparation (Tables)

12 Months Ended

Dec. 31, 2018

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Summary of Subsidiaries Object to Consolidation at Their Different Levels

The following table shows the subsidiaries consolidated into the Group’s consolidated financial statements, at their different levels:

					Percentage Interest (%)
			Local and		12.31.18				12.31.17				01.01.17
Company	Country		Functional Currency	Closing Date	Direct		Direct and Indirect		Direct		Direct and Indirect		Direct		Direct and Indirect
Banco de Galicia y Buenos Aires S.A.U.		Argentina	ARP	12.31.18		100		100		100		100		100		100
Cobranzas Regionales S.A.		Argentina	ARP	12.31.18		—		83		—		77		—		77
Galicia Administradora de Fondos S.A.		Argentina	ARP	12.31.18		95		100		95		100		95		100
Galicia Broker Asesores de Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Retiro Compañía de Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Seguros S.A.		Argentina	ARP	12.31.18		—		99.9		—		99.9		—		99.9
Galicia Valores S.A.		Argentina	ARP	12.31.18		1		100		1		100		—		100
Galicia Warrants S.A.		Argentina	ARP	12.31.18		87.5		100		87.5		100		87.5		100
Financial Trust Galtrust I		Argentina	ARP	12.31.18		—		—		—		100		—		100
Financial Trust Saturno Créditos		Argentina	ARP	12.31.18		—		100		—		100		—		100
Net Investment S.A. (in Liquidation)(*)		Argentina	ARP	12.31.18		—		—		87.5		100		87.5		100
Ondara S.A.		Argentina	ARP	12.31.18		—		83.9		—		78.2		—		78.2
Sudamericana Holding S.A.		Argentina	ARP	12.31.18		87.5		100		87.5		100		87.5		100
Tarjeta Naranja S.A.		Argentina	ARP	12.31.18		83		83		—		77		—		77
Tarjetas del Mar S.A.		Argentina	ARP	12.31.18		—		—		—		—		—		60
Tarjetas Regionales S.A.		Argentina	ARP	12.31.18		83		83		—		77		—		77

(*) The final distribution was paid out on January 9, 2018.

Summary of Main Commissions Earned by the Bank

Below is a summary of the main commissions earned by the Bank:

Commissions	Earning Frequency
Retail Products and Services
Savings Accounts	Monthly
Checking Accounts	Monthly
Credit-card Renewal	Annual
Safe Deposit Boxes	Quarterly
Bonds and Shares Transactions	On each transaction
Wholesale Products
Account Maintenance	Monthly
Deposits and Withdrawals among Branches	Monthly
Foreign Trade Transactions	On each transaction

XML

Transition To IFRS (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Schedule of reconciliation of financial position

The following is a reconciliation between the shareholders’ equity, consolidated income statement, consolidated other comprehensive income and consolidated statement of cash flows amounts related to the consolidated financial statements issued according to the accounting framework prior to the transition date (January 1, 2017) and the adoption date (December 31, 2017), and the amounts presented according to the IFRS (see Note 1.1) in these consolidated financial statements, as well as the effects of adjustments to cash flows.

Consolidated Balance Sheet	Prior Accounting Framework 12.31.17		Reclassifications			Adjustments			References(*)		IFRS 12.31.17
ASSETS
Cash and Due from Banks		83,654,804		3,864,824			(474,747	)		(**)		87,044,881
Debt Securities		57,243,282		(57,243,282	)		—					—
Loans and Other Financing		291,356,673		(291,356,673	)		—					—
Other Receivables Resulting from Financial Brokerage		49,252,567		(49,252,567	)		—					—
Receivables from Financial Leases		2,475,481		(2,475,481	)		—					—
Equity Investments in Associates and Joint Ventures		42,380		(42,380	)		—			(b)		—
Miscellaneous Receivables		5,624,770		(5,624,770	)		—					—
Property, Plant and Equipment		6,599,018		855,941			10,754,056			(c)		18,209,015
Miscellaneous Assets		920,957		(920,957	)		—					—
Intangible Assets		5,281,315		(3,386,055	)		(170,346	)		(d)		1,724,914
Unallocated Items		105,237		(105,237	)		—					—
Other Assets		933,522		(933,522	)		—					—
Debt Securities at Fair Value through Profit or Loss		—		43,131,317			(383,520	)		(e)		42,747,797
Derivative Financial Instruments		—		775,674			—			(f)		775,674
Repo Transactions		—		14,286,336			—					14,286,336
Other Financial Assets		—		10,280,118			59,138			(g)		10,339,256
Loans and Other Financing		—		294,954,874			(10,600,115	)		(h)		284,354,759
Other Debt Securities		—		3,826,823			355,714			(i)		4,182,537
Financial Assets Pledged as Collateral		—		9,442,784			(95,996	)		(k)		9,346,788
Current Income Tax Assets		—		435,524			(300,784	)		(**)		134,740
Investments in Equity Instruments		—		30,814			81,109			(j)		111,923
Deferred Income Tax Assets		—		898,751			(136,181	)		(q)		762,570
Assets for Insurance Contracts		—		1,021,703			—					1,021,703
Other Non-financial Assets		—		4,119,159			(381,029	)		(l)		3,738,130
Non-current Assets Held for Sale		—		6,998,967			3,861,124			(m)		10,860,091
TOTAL ASSETS		503,490,006		(16,417,315	)		2,568,423					489,641,114

(*) The references are related to the explanations included in Note 3.5.

(**) The adjustments are related to the deconsolidation of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Consolidated Balance Sheet	Prior Accounting Framework 12.31.17		Reclassifications			Adjustments			References(*)		IFRS 12.31.17
LIABILITIES
Deposits		300,385,784		18,197			(4,036,625	)		(**)		296,367,356
Other Liabilities Resulting from Financial Brokerage		120,099,500		(120,099,500	)		—					—
Miscellaneous Liabilities		12,654,374		(12,654,374	)		—					—
Provisions		1,053,020		—			(155,760	)		(n)		897,260
Subordinated Debt Securities		7,128,356		—			—					7,128,356
Unallocated Items		82,199		(82,199	)		—					—
Non-Controlling Interest		2,857,150		(2,857,233	)		83					—
Other Liabilities		1,204,603		(1,204,603	)		—			(s)		—
Derivative Financial Instruments		—		846,331			—			(f)		846,331
Repo Transactions		—		1,670,059			—			(**)		1,670,059
Other Financial Liabilities		—		55,255,531			95,268			(o)		55,350,799
Loans from the Argentine Central Bank and Other Financial Institutions		—		12,545,122			(926,820	)		(p)		11,618,302
Debt Securities		—		23,680,419			(3,401,254	)		(**)		20,279,165
Current Income Tax Liabilities		—		4,019,433			(440,904	)		(**)		3,578,529
Deferred Income Tax Liabilities		—		102,293			1,986,247			(q)		2,088,540
Liabilities for Insurance Contracts		—		1,208,253			(12,606	)		(s)		1,195,647
Other Non-financial Liabilities		—		19,642,178			1,500,276			(r)		21,142,454
TOTAL LIABILITIES		445,464,986		(17,910,093	)		(5,392,095	)				422,162,798
SHAREHOLDERS’ EQUITY
Capital Stock, Contributions and Reserves		45,726,926		(1,364,453	)		22,875,924					67,238,397
Retained Income		—		—			(9,596,038	)				(9,596,038	)
Other Accumulated Comprehensive Income		—		—			88,889					88,889
Net Income for the Year		12,298,094		—			(5,504,506	)				6,793,588
Shareholders’ Equity Attributable to owners of the Parent		58,025,020		(1,364,453	)		7,864,269					64,524,836
Shareholders’ Equity Attributable to Non-controlling Interests		—		2,857,231			96,249					2,953,480
TOTAL SHAREHOLDERS’ EQUITY		58,025,020		1,492,778			7,960,518					67,478,316

(*) The references are related to the explanations included in Note 3.5.

(**) The adjustments are related to the deconsolidation of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Consolidated Balance Sheet	Prior Accounting Framework 01.01.17		Reclassifications			Adjustments			References(*)		IFRS 01.01.17
ASSETS
Cash and Due from Banks		112,701,996		9,195,966			(713,983	)		(**)		121,183,979
Debt Securities		25,244,436		(25,244,436	)		—					—
Loans and Other Financing		253,261,822		(253,261,822	)		—					—
Other Financial Assets		33,494,417		(33,494,417	)		—					—
Receivables from Financial Leases		1,760,275		(1,760,275	)		—					—
Equity Investments in Associates and Joint Ventures		97,589		(55,935	)		245,148			(b)		286,802
Miscellaneous Receivables		6,338,591		(6,338,591	)		—					—
Property, Plant and Equipment		5,294,669		1,856,493			9,197,198			(c)		16,348,360
Miscellaneous Assets		2,250,193		(2,250,193	)		—					—
Intangible Assets		4,757,939		(2,160,844	)		(936,302	)		(d)		1,660,793
Unallocated Items		164,052		(164,052	)		—					—
Other Assets		993,393		(993,393	)		—					—
Debt Securities at fair value through Profit or Loss		—		26,885,062			1,932,682			(e)		28,817,744
Derivative Financial Instruments		—		228,955			481			(f)		229,436
Repo Transactions		—		—			—					—
Other Financial Assets		—		7,385,466			(665,885	)		(g)		6,719,581
Loans and Other Financing		—		255,623,225			(9,919,804	)		(h)		245,703,421
Other Debt Securities		—		3,266,584			(82,732	)		(i)		3,183,852
Financial Assets Pledged as Collateral		—		10,459,071			(363,478	)		(k)		10,095,593
Current Income Tax Assets		—		418,206			(183,275	)		(**)		234,931
Investment in Equity Instruments		—		56,036			131,099			(j)		187,135
Deferred Income Tax Assets		—		1,160,815			(125,555	)		(q)		1,035,260
Assets for Insurance Contracts		—		988,723			—					988,723
Other Non-financial Assets		—		3,593,168			(573,500	)		(l)		3,019,668
Non-current Assets Held for Sale		—		8,733,814			2,185,302			(m)		10,919,116
TOTAL ASSETS		446,359,372		4,127,626			127,396					450,614,394

(*) The references are related to the explanations included in Note 3.5.

(**) The adjustments are related to the deconsolidation of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Consolidated Balance Sheet	Prior Accounting Framework 01.01.17		Reclassifications			Adjustments			References(*)		IFRS 01.01.17
LIABILITIES
Deposits		279,493,299		5,962			(2,421,699	)		(**)		277,077,562
Other Liabilities Resulting from Financial Brokerage		106,487,811		(106,487,811	)		—					—
Miscellaneous Liabilities		10,694,695		(10,694,695	)		—					—
Provisions		708,432		—			781			(n)		709,213
Subordinated Debt Securities		7,490,444		—			—					7,490,444
Unallocated Items		129,955		(129,955	)		—					—
Non-controlling Interest		2,694,159		(2,675,170	)		(18,989	)				—
Other Liabilities		1,159,669		(1,159,669	)		—			(s)		—
Liabilities at fair value through Profit or Loss		—		—			—					—
Derivative Financial Instruments		—		440,618			(150,234	)		(f)		290,384
Repo Transactions		—		3,284,482			(254,009	)		(**)		3,030,473
Other Financial Liabilities		—		57,594,377			(499,601	)		(o)		57,094,776
Loans from the Argentine Central Bank and Other Financial Institutions		—		13,779,829			(1,062,684	)		(p)		12,717,145
Debt Securities		—		23,976,836			(2,128,376	)		(**)		21,848,460
Current Income Tax Liabilities		—		3,648,743			(489,400	)		(**)		3,159,343
Deferred Income Tax Liabilities		—		24,541			1,819,056			(q)		1,843,597
Liabilities for Insurance Contracts		—		1,157,101			(2,939	)		(s)		1,154,162
Other Non-financial Liabilities		—		18,687,269			(161,312	)		(r)		18,525,957
TOTAL LIABILITIES		408,858,464		1,452,458			(5,369,406	)				404,941,516
SHAREHOLDERS’ EQUITY												—
Capital Stock, Adjustments and Reserves		26,412,657		—			14,561,204					40,973,861
Retained Income		11,088,251		—			(9,632,425	)				1,455,826
Other Accumulated Comprehensive Income		—		—			523,621					523,621
Net Income for the Year		—		—			—					—
Shareholders’ Equity Attributable to owners of the Parent		37,500,908		—			5,452,400					42,953,308
Shareholders’ Equity Attributable to Non-controlling Interests		—		2,675,168			44,402					2,719,570
TOTAL SHAREHOLDERS’ EQUITY		37,500,908		2,675,168			5,496,802					45,672,878

(*) The references are related to the explanations included in Note 3.5.

(**) The adjustments are related to the deconsolidation of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Schedule of reconciliation of statement of income

Consolidated Income Statement	Prior Accounting Framework 12.31.17			Reclassifications			Adjustments			IFRS 12.31.17
Financial Income		66,765,368			(66,765,368	)		—			—
Financial Expenses		(30,038,123	)		30,038,123			—			—
Loan and other Receivables Loss Provisions		(7,684,942	)		(18,664	)		409,750			(7,293,856	)
Fee Income		31,157,030			(31,157,030	)		—			—
Fee-related Expenses		(9,785,476	)		9,785,476			—			—
Administrative Expenses		(33,945,130	)		18,221,381			1,300,192			(14,423,557	)
Income (Loss) from Insurance Business		3,126,248			(90,404	)		279,068			3,314,912
Non-controlling Interest		(924,564	)		924,558			6			—
Miscellaneous Income		2,391,176			(2,391,176	)		—			—
Miscellaneous Losses		(1,447,703	)		1,439,371			8,332			—
Interest Income		—			56,563,258			(1,869,536	)		54,693,722
Interest-related Expenses		—			(24,268,734	)		(550,953	)		(24,819,687	)
Fee Income		—			11,655,852			13,742,609			25,398,461
Fee-related Expenses		—			(3,743,746	)		490,911			(3,252,835	)
Net Income from Financial Instruments Measured at Fair Value through Profit or Loss		—			7,180,403			1,280,935			8,461,338
Gold and Foreign Currency Quotation Differences		—			3,161,203			317,658			3,478,861
Other Operating Income		—			21,442,293			(12,445,661	)		8,996,632
Personnel Expenses		—			(16,672,435	)		(416,237	)		(17,088,672	)
Depreciation and Impairment of Assets		—			(1,554,602	)		115,162			(1,439,440	)
Loss on Net Monetary Position		—			—			(6,823,296	)		(6,823,296	)
Other Operating Expenses		—			(13,129,147	)		(1,476,079	)		(14,605,226	)
Share of profit from Associates and Joint Ventures		—			291,445			29,737			321,182
Income Tax from Continuing Operations		(7,315,790	)		32,824			(36,061	)		(7,319,027	)
Income from Discontinued Operations		—			—			—			—
Income Tax from Discontinued Operations		—			—			(321,760	)		(321,760	)
Net Income		12,298,094			944,881			(5,965,223	)		7,277,752
Other Comprehensive Income (Loss)		—			—			(434,732	)		(434,732	)
Total Comprehensive Income (Loss)		—			—			(434,732	)		(434,732	)
Total Comprehensive Income Attributable to owners of the Parent		12,298,094			—			(5,939,238	)		6,358,856
Total Comprehensive Income (Loss) Attributable to Non-controlling Interests		—			944,881			(460,717	)		484,164

Summary of reconciliation of cash and cash equivalents

The reconciliation of cash and cash equivalents is as follows:

	Prior Accounting Framework		Cash Flows from Discontinued Operations					IFRS
Cash and Cash Equivalents	12.31.17		Operations			Adjustments		12.31.17
Cash and Due from Banks		56,659,196		(321,544	)		30,707,229		87,044,881
Argentine Central Bank Bills and Notes Maturing within up to 90 days		16,910,667		—			8,071,099		24,981,766
Receivables from Reverse Repo Transactions		9,654,517		—			4,599,952		14,254,469
Local Interbank Loans		365,000		570,000			445,486		1,380,486
Overnight Placements in Banks Abroad		269,278		—			157,404		426,682
Other Cash and cash equivalents		2,458,791		—			1,411,141		3,869,932
Total		86,317,449		248,456			45,392,311		131,958,216

	Prior Accounting Framework		Cash Flows from Discontinued Operations					IFRS
Cash and Cash Equivalents	01.01.17		Operations			Adjustments		01.01.17
Cash and Due from Banks		90,309,271		(580,607	)		31,455,315		121,183,979
Argentine Central Bank Bills and Notes Maturing within up to 90 days		9,797,693		—			2,922,565		12,720,258
Receivables from Reverse Repo Transactions		1,273,148		—			315,684		1,588,832
Local Interbank Loans		1,811,761		—			454,493		2,266,254
Overnight Placements in Banks Abroad		4,718,842		—			1,159,788		5,878,630
Total		107,910,715		(580,607	)		36,307,845		143,637,953

Summary of reconciliation of cash flows

The reconciliation of cash flows is as follows:

	Prior Accounting Framework			CFA + CyS Discontinued			Adjustments			Inflation effect			IFRS
Cash and Cash Equivalents	12.31.17			Operations			Adjustments			Inflation effect			12.31.17
Operating Activities (I)		(1,305,475	)		1,580,060			(3,172,810	)		(1,288,999	)		(4,187,224	)
Investing Activities (II)		(2,580,126	)		459,805			1,069,869			(592,368	)		(1,642,820	)
Financing Activities (III)		15,816,746			(987,404	)		(4,316,983	)		5,008,673			15,521,032
Effect of exchange rate changes on cash and cash equivalents		7,602,047			—			(9,490,347	)		(899,692	)		(2,787,992	)
Total		19,533,192			1,052,461			(15,910,271	)		2,227,614			6,902,996

(I) Operating Activities
Cash Flows According to Prior Accounting Framework as of 12.31.17	(1,305,475	)
Cash Flows from Discontinued Operations	1,580,060
Adjustments that Affect Cash Flows from Operating Activities	(4,528,664	)
Inflation effect	(1,288,999	)
Intangible Assets	2,317,755
Miscellaneous Assets	(818,745	)
Other Collections Related to Subsidiaries	153,563
Dividends from Associates	(296,719	)
Cash Flows According to IFRS as of 12.31.17	(4,187,224	)
(II) Investing Activities
Cash Flows According to Prior Accounting Framework as of 12.31.17	(2,580,126	)
Cash Flows from Discontinued Operations	459,805
Miscellaneous Assets	818,745
Dividends from Associates	296,719
Differences in the determination of Financing Activities	2,425,723
Other Collections Related to Subsidiaries	(153,563	)
Inflation effect	(592,368	)
Intangible Assets	(2,317,755	)
Cash Flows According to IFRS as of 12.31.17	(1,642,820	)
(III) Financing Activities
Cash Flows According to Prior Accounting Framework as of 12.31.17	15,816,746
Cash Flows from Discontinued Operations	(987,404	)
Inflation effect	5,008,673
Differences in the determination of Financing Activities	(4,316,983	)
Cash Flows According to IFRS as of 12.31.17	15,521,032
Effect of Changes in the Exchange Rate
Cash Flows According to Prior Accounting Framework as of 12.31.17	7,602,047
Inflation effect	(899,692	)
Differences in the determination of Financing Activities	(9,490,347	)
Cash Flows According to IFRS as of 12.31.17	(2,787,992	)

Summary of Equity Investments in Associates and Joint Ventures

	12.31.17		01.01.17
Prisma Medios de Pago S.A.		—		245,250
Ondara S.A.		—		(102	)
Total		—		245,148

Summary of consolidation of the financial assets adjusted

	12.31.17			01.01.17
Premiums for Financial Guarantee Contracts		241,350			248,044
CyS Deconsolidation		(13,005	)		—
Consolidation of Financial Trusts that Were Not Subject to Consolidation under the Prior Accounting Framework		(169,207	)		(913,929	)
Total		59,138			(665,885	)

Summary of Investments in Equity Instruments

	12.31.17		01.01.17
Banco Galicia’s Holdings		81,109		73,888
Galicia Valores S.A.’s Holdings		—		57,211
Total		81,109		131,099

Summary of adjustment made up of derecognition of advances for systems purchased

	12.31.17			01.01.17
Derecognition of Advances for Systems Purchased		(659,590	)		(955,579	)
Miscellaneous Assets		278,561			382,079
Total		(381,029	)		(573,500	)

XML

Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Schedule of Portfolios of Financial Instruments

As of the indicated dates, the Group maintains the following portfolios of financial instruments:

Instruments Portfolio as of 12.31.2018	Fair Value through Profit or Loss		Amortized Cost		Fair Value through OCI
Assets
Argentine Central Bank’s Bills and Notes		70,097,764		—		—
Government Securities		4,699,806		—		—
Private Securities		1,137,593		—		—
Derivative Financial Instruments		1,785,640		—		—
Repo Transactions		—		2,068,076		—
Other Financial Assets		4,303,431		4,744,501		—
Loans and Other Financing		—		282,710,068		—
Other Debt Securities		—		5,312,035		9,112,099
Financial Assets Pledged as Collateral		3,459,712		7,357,780		—
Equity Instruments		161,054		—		—
Liabilities
Deposits		—		360,097,275		—
Liabilities at fair value through profit or loss		2,144,664		—		—
Derivative Financial Instruments		1,835,789		—		—
Repo Transactions		—		1,948,559		—
Other Financial Liabilities		—		63,235,042		—
Loans from the Argentine Central Bank and Other Financial Institutions		—		19,446,028		—
Debt Securities		—		29,983,653		—
Subordinated Debt Securities		—		9,767,874		—
Instruments Portfolio as of 12.31.2017	Fair Value through Profit or Loss		Amortized Cost		Fair Value through OCI
Assets
Argentine Central Bank’s Bills and Notes		26,367,677		—		—
Government Securities		13,923,160		—		—
Private Securities		2,456,960		—		—
Derivative Financial Instruments		775,674		—		—
Repo Transactions		—		14,286,336		—
Other Financial Assets		4,573,809		5,765,447		—
Loans and Other Financing		—		284,354,759		—
Other Debt Securities		—		4,040,087		142,450
Financial Assets Pledged as Collateral		2,249,914		7,096,874		—
Equity Instruments		111,923		—		—
Liabilities
Deposits		—		296,367,356		—
Derivative Financial Instruments		846,331		—		—
Repo Transactions		—		1,670,059		—
Other Financial Liabilities		—		55,350,799		—
Loans from the Argentine Central Bank and Other Financial Institutions		—		11,618,302		—
Debt Securities		—		20,279,165		—
Subordinated Debt Securities		—		7,128,356		—

Instruments Portfolio as of 01.01.17	Fair Value through Profit or Loss		Amortized Cost		Fair Value through OCI
Assets
Argentine Central Bank’s Bills and Notes		16,158,217		—		—
Government Securities		9,659,559		—		—
Private Securities		2,999,968		—		—
Derivative Financial Instruments		229,436		—		—
Other Financial Assets		4,616,737		2,102,844		—
Loans and Other Financing		—		245,703,421		—
Other Debt Securities		—		2,253,595		930,257
Financial Assets Pledged as Collateral		4,205,704		5,889,889		—
Equity Instruments		187,135		—		—
Liabilities
Deposits		—		277,077,562		—
Derivative Financial Instruments		290,384		—		—
Repo Transactions		—		3,030,473		—
Other Financial Liabilities		—		57,094,776		—
Loans from the Argentine Central Bank and Other Financial Institutions		—		12,717,145		—
Debt Securities		—		21,848,460		—
Subordinated Debt Securities		—		7,490,444		—

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Fair Values (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Schedule of Financial Instruments Measured at Fair Value

The Group’s financial instruments measured at fair value at fiscal year-end are as follows:

Instruments Portfolio as of 12.31.18	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3
Assets
Argentine Central Bank’s Bills and Notes		—		70,097,764		—
Government Securities		2,952,344		1,278,048		469,414
Private Securities		308,755		36,270		792,568
Derivative Financial Instruments		—		1,785,640		—
Other Financial Assets		4,264,431		39,000		—
Other Debt Securities (*)		9,112,099		—		—
Financial Assets Pledged as Collateral		3,184,346		275,366		—
Equity Instruments		26,795		—		134,259
Liabilities
Liabilities at fair value through profit or loss		1,366,785		777,879		—
Derivative Financial Instruments		—		1,835,789		—
Total		18,481,985		70,898,420		1,396,241

(*) It relates to Secured Bonds issued by Argentina measured at fair value with changes in OCI.

Instruments Portfolio as of 12.31.17	Fair Value Level 1		Fair Value Level 2			Fair Value Level 3
Assets
Argentine Central Bank’s Bills and Notes		26,367,677		—			—
Government Securities		13,679,229		—			243,931
Private Securities		1,009,000		5,906			1,442,054
Derivative Financial Instruments		—		775,674			—
Other Financial Assets		4,516,227		57,582			—
Other Debt Securities (*)		142,450		—			—
Financial Assets Pledged as Collateral		2,249,914		—			—
Equity Instruments		28,233		—			83,690
Liabilities
Liabilities at fair value through profit or loss		—		—			—
Derivative Financial Instruments		—		846,331			—
Total		47,992,730		(7,169	)		1,769,675

(*) It relates to Secured Bonds issued by Argentina measured at fair value with changes in OCI.

Instruments Portfolio as of 01.01.17	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3
Assets
Argentine Central Bank’s Bills and Notes		16,158,217		—		—
Government Securities		7,110,319		1,972,400		576,840
Private Securities		778,214		10,541		2,211,213
Derivative Financial Instruments		—		229,436		—
Other Debt Securities (*)		930,257		—		—
Other Financial Assets		4,544,877		71,860		—
Financial Assets Pledged as Collateral		4,205,704		—		—
Equity Instruments		93,727		—		93,408
Liabilities
Liabilities at fair value through profit or loss		—		—		—
Derivative Financial Instruments		—		290,384		—
Total		33,821,315		1,993,853		2,881,461

(*) It relates to Secured Bonds issued by Argentina measured at fair value with changes in OCI.

Summary of Changes in Instruments Included in Fair Value Level 3

Changes in instruments included in fair value Level 3 are as follows:

Level 3	12.31.17		Transfers(*)			Purchases		Sales			Income (Loss)		Inflation Effect			12.31.18
Government Securities		243,931		1,255,553			10,382,946		(11,115,519	)		149,564		(447,061	)		469,414
Private Securities		1,442,054		389,298			6,352,483		(7,084,950	)		372,340		(678,657	)		792,568
Equity Instruments		83,690		—			—		—			86,938		(36,369	)		134,259
Total		1,769,675		1,644,851			16,735,429		(18,200,469	)		608,842		(1,162,087	)		1,396,241
(*)   They include the movements of levels of financial instruments classified as fair value Level 3, as described above.
Level 3	01.01.17.		Transfers(*)			Purchases		Sales			Income (Loss)		Inflation Effect			12.31.17
Government Securities		576,840		(234,067	)		450,486		(504,713	)		46,969		(91,584	)		243,931
Private Securities		2,211,213		(434,784	)		2,626,022		(2,789,653	)		233,810		(404,554	)		1,442,054
Equity Instruments		93,408		—			—		—			9,776		(19,494	)		83,690
Total		2,881,461		(668,851	)		3,076,508		(3,294,366	)		290,555		(515,632	)		1,769,675

(*) They include the movements of levels of financial instruments classified as fair value Level 3, as described above.

Summary of Assets and Liabilities Recorded at Amortized Cost

The Group included below the fair value of the instruments not carried at fair value as of the year-end.

Assets/(Liabilities) Accounts	Carrying Amount		Fair Value		Fair Value Level 1		Fair Value Level 2		Fair Value Level 3
Assets
Cash and Due from Banks		143,309,428		143,309,428		143,309,428		—		—
Loans and Other Financing		282,710,068		289,581,428		—		—		289,581,428
Other Financial Assets		9,047,932		9,047,932		9,047,932		—		—
Other Debt Securities		14,424,134		14,631,751		763,126		—		13,868,625
Repo Transactions		2,068,076		2,068,076		2,068,076		—		—
Financial Assets Pledged as Collateral		10,817,492		10,817,492		10,817,492		—		—
Liabilities
Deposits		360,097,275		359,875,025		—		—		359,875,025
Loans from the Argentine Central Bank and Other Financial Institutions		19,446,028		17,689,372		—		—		17,689,372
Debt Securities		29,983,653		29,269,086		29,269,086		—		—
Subordinated Debt Securities		9,767,874		8,513,061		—		—		8,513,061
Repo Transactions		1,948,559		1,944,965		—		—		1,944,965
Other Financial Liabilities		63,235,042		63,235,113		—		—		63,235,113

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Cash and Cash Equivalents (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Cash and Cash Equivalents

Cash and cash equivalents break down as follows:

	12.31.18		12.31.17		01.01.17
Cash and Due from Banks		143,309,428		87,044,881		121,183,979
Argentine Central Bank’s Bills and Notes Maturing within up to 90 Days		70,117,158		24,981,766		12,720,258
Receivables from Reverse Repo Transactions		2,057,558		14,254,469		—
Local Interbank Loans		938,000		1,380,486		1,588,832
Overnight Placements in Banks Abroad		5,300,681		426,682		2,266,254
Mutual Funds		3,859,629		3,578,916		4,040,608
Time Deposits		285,999		291,016		7,084
Government Securities		—		—		1,830,938
Total Cash and Cash Equivalents		225,868,453		131,958,216		143,637,953

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Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Derivative Instrument Transactions

The amounts of transactions conducted as of the indicated dates are as follows:

	Underlying Asset	Type of Settlement	12.31.18(*)		12.31.17(*)		01.01.17(*)
Forward Purchase – Sale of Foreign Currency
Purchases	Foreign currency	Daily difference		38,861,567		30,145,543		27,648,329
Sales	Foreign currency	Daily difference		32,277,374		28,042,761		—
Purchases by Customers	Foreign currency	Daily difference		3,673,954		583,221		396,281
Sales by Customers	Foreign currency	Daily difference		10,156,620		5,472,881		2,202,703
Interest Rate Swaps
Swaps	Others	Other		460,242		1,476		138,192
Cross Currency Swaps	Others	Other		1,561		—		—
Repo Transactions
Forward Purchases	Government Securities	With delivery of the underlying asset		1,965,824		1,672,194		3,032,245
Forward Sales	Government Securities	With delivery of the underlying asset		2,061,516		15,678,531		—
Call Options Bought and Written on Futures
Call Options Written on Dollar	Dollar			—		—		18,794
Call Options Purchase on Gold	Gold			—		—		275,484
Call Options Written on Gold	Gold			—		—		303,032

(*) Notional values.

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Repo Transactions (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Repo Transactions and Reverse Repo Transactions

As of the indicated dates, the Group maintains the following repo transactions:

	12.31.18		12.31.17		01.01.17
Receivables from Reverse Repo Transactions of Government Securities		2,057,558		14,254,469		—
Accrued Interest Payable on Reverse Repo Transactions		10,518		31,867		—
Total Reverse Repo Transactions		2,068,076		14,286,336		—
	12.31.18		12.31.17		01.01.17
Payables for Repo Transactions of Government Securities		1,943,805		1,666,386		3,026,218
Accrued Interest Payable on Repo Transactions		4,754		3,673		4,255
Total Repo Transactions		1,948,559		1,670,059		3,030,473

Summary of Repo Agreements in Financial Assets Pledged as Collateral and Reverse Repo Agreements in Off-Balance Sheet Items

	12.31.18		12.31.17		01.01.17
Reverse Repo Transactions recorded as Off-Balance Sheet Items		2,061,516		15,678,531		—
Repo Transactions recorded in Financial Assets Pledged as Collateral		1,965,824		1,672,194		3,032,245

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Other Financial Assets (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Other Financial Assets

As of the indicated dates, the balances of “Other Financial Assets” relate to:

	12.31.18		12.31.17		01.01.17
Debtors from Spot Sales of Foreign Currency Pending Settlement		1,947,184		3,550,645		5,918
Debtors from Spot Sales of Government Securities Pending Settlement		1,607,601		1,355,413		1,312,067
Sundry Debtors		810,757		441,191		447,246
Mutual Funds		4,264,431		4,516,228		4,544,877
Others		417,959		475,779		409,473
Total		9,047,932		10,339,256		6,719,581

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Net Loans and Other Financing (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Net Loans and Other Financing

“Net Loans and Other Financing” break down as follows as of the indicated dates:

	12.31.18			12.31.17			01.01.17
Non-financial Public Sector		11,777			8,532			26,457
Argentine Central Bank		533			3,604			5,318
Financial Institutions		7,942,382			6,938,664			5,106,758
Loans		7,942,382			6,938,664			5,106,758
Non-financial Private Sector and Residents Abroad		290,412,186			286,639,194			249,251,684
Loans		283,543,722			280,870,810			244,082,260
Overdrafts		14,430,578			16,680,960			18,501,897
Promissory Notes		36,020,263			52,455,181			46,613,651
Mortgage Loans		11,793,007			8,435,337			4,013,513
Collateralized Loans		997,958			1,591,432			1,249,027
Personal Loans		29,144,931			34,632,328			24,365,344
Credit Card Loans		113,395,362			125,176,057			129,153,045
Other Loans		74,793,302			44,962,639			23,313,178
Accrued Interest, Adjustments and Quotation Differences Receivable		5,388,298			335,344			(703,302	)
Documented Interest		(2,419,977	)		(3,398,468	)		(2,424,093	)
Financial Leases		2,198,047			2,475,878			1,731,448
Other Financing		4,670,417			3,292,506			3,437,976
Less: Allowances		(15,656,810	)		(9,235,235	)		(8,686,796	)
Total		282,710,068			284,354,759			245,703,421

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Financial Assets Pledged as Collateral (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Financial Assets Pledged as Collateral

“Financial Assets Pledged as Collateral” valued according to their underlying asset for the fiscal years under analysis break down as follows:

	12.31.18		12.31.17		01.01.17
Deposits as Collateral		3,663,499		2,344,791		2,778,032
Special Escrow Accounts at the Argentine Central Bank		5,188,169		5,329,804		4,285,315
Forward Purchases of Monetary Regulation Instruments		53,736		1,660,746		3,032,246
Others		1,912,088		11,447		—
Total		10,817,492		9,346,788		10,095,593

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Current Income Tax Assets (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Current Income Tax Assets

As of the indicated dates, the balances of “Current Income Tax Assets” relate to:

	12.31.18		12.31.17			01.01.17
Tax Credits		94,918		134,740			216,396
Minimum Presumed Income Tax – Tax Credit Loss carryfoward		—		142			27,086
Less: Allowance for Impairment of Minimum Presumed Income Tax – Tax Credit		—		(142	)		(8,551	)
Total		94,918		134,740			234,931

Summary of Tax Credits and Their Expiration of Minimum Presumed Income Tax

Tax loss carryfoward expiration dates of Minimum Presumed Income Tax are as follows:

	Tax Loss Carryfoward as of
Date of Generation	12.31.18		12.31.17		01.01.17		Expiration Date
2006		—		—		273		2016
2007		—		77		588		2017
2008		—		12		669		2018
2009		—		10		1,074		2019
2010		—		13		3,002		2020
2011		—		6		2,686		2021
2012		—		6		3,158		2022
2013		—		4		3,466		2023
2014		—		4		4,249		2024
2015		—		3		6,718		2025
2016		—		4		1,203		2026
2017		—		3		—		2027
2018		—		—		—		2028
Total		—		142		27,086

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Equity Investments in Subsidiaries, Associates and Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Equity Investments in Subsidiaries

The basic information regarding Grupo Financiero Galicia’s consolidated subsidiaries is detailed as follows:

	Direct and Indirect Shareholding				Equity Investment %
Company	12.31.18		12.31.17		12.31.18		12.31.17
Banco de Galicia y Buenos Aires S.A.U.		668,549,353		795,973,974		100		100
Cobranzas Regionales S.A.		8,300		7,700		83		77
Galicia Administradora de Fondos S.A.		20,000		20,000		100		100
Galicia Broker Asesores de Seguros S.A.		71,310		71,310		99.99		99.99
Galicia Retiro Compañía de Seguros S.A.		7,727,271		7,727,271		99.99		99.99
Galicia Seguros S.A.		1,830,883		1,830,883		99.99		99.99
Galicia Valores S.A.		1,000,000		1,000,000		100		100
Galicia Warrants S.A.		1,000,000		1,000,000		100		100
Financial Trust Galtrust I		—		—		—		100
Financial Trust Saturno Créditos		—		—		100		100
Net Investment S.A. (in Liquidation)(*)		—		12,000		—		100
Ondara S.A.		13,636,990		12,709,967		83.85		78.15
Sudamericana Holding S.A.		185,653		185,653		100		100
Tarjeta Naranja S.A.		2,344		2,174		83		77
Tarjetas Regionales S.A.		894,552,668		829,886,212		83		77

(*) The final distribution was paid out on January 9, 2018.

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:

	12.31.18
Company	Assets		Liabilities		Shareholders’ Equity		Net Income(*)
Banco de Galicia y Buenos Aires S.A.U.		517,877,929		468,725,396		49,152,533		(1,789,529	)
Cobranzas Regionales S.A.		110,115		67,750		42,365		6,887
Galicia Administradora de Fondos S.A.		674,108		229,514		444,594		385,151
Galicia Broker Asesores de Seguros S.A.(**)		26,475		13,382		13,093		25,056
Galicia Retiro Compañía de Seguros S.A.(**)		249,069		186,776		62,293		24,293
Galicia Seguros S.A.(**)		2,703,486		1,654,652		1,048,834		544,122
Galicia Valores S.A.		258,936		39,877		219,059		66,678
Galicia Warrants S.A.		442,502		226,880		215,622		114
Financial Trust Saturno Créditos		17,055		1,184		15,871		(2,586	)
Ondara S.A.		22,511		22		22,489		1,636
Sudamericana Holding S.A.(**)		3,307,403		1,955,028		1,352,375		249,358
Tarjeta Naranja S.A.		51,194,581		41,875,082		9,319,499		2,068,688
Tarjetas Regionales S.A.		52,713,479		42,579,675		10,133,804		(2,139,323	)

(*) Income attributable to the shareholder’s of the parent. Not including “Other Comprehensive Income”.

(**) Net income for the twelve-month period ended December 31, 2018.

	12.31.17
Company	Assets		Liabilities		Shareholders’ Equity		Net Income(*)
Banco de Galicia y Buenos Aires S.A.U.		480,374,665		416,511,409		63,863,256		5,664,659
Cobranzas Regionales S.A.		85,518		33,136		52,382		7,657
Galicia Administradora de Fondos S.A.		1,087,676		408,209		679,467		648,361
Galicia Broker Asesores de Seguros S.A.(**)		47,408		29,699		17,709		19,852
Galicia Retiro Compañía de Seguros S.A. (**)		285,152		224,780		60,372		6,384
Galicia Seguros S.A. (**)		2,907,428		1,739,299		1,168,129		599,791
Galicia Valores S.A.		259,016		34,034		224,982		73,052
Galicia Warrants S.A.		3,624,332		2,020,122		1,604,210		385,104
Financial Trust Galtrust I		208,171		503		207,668		97,817
Financial Trust Saturno Créditos		34,508		2,086		32,422		3,944
Net Investment S.A. (in Liquidation)(***)		419		—		419		(55	)
Ondara S.A.		37,738		6,951		30,787		8,693
Sudamericana Holding S.A.(**)		432,842		217,333		215,509		7,886
Tarjeta Naranja S.A.		53,189,426		41,598,049		11,591,377		3,643,368
Tarjetas Regionales S.A.		54,653,428		42,229,161		12,424,267		4,017,095

(*) Income attributable to the shareholder’s of the parent. Not including “Other Comprehensive Income”.

(**) Net income for the twelve-month period ended December 31, 2017.

(***) The final distribution was paid out on January 9, 2018.

Summary of Investments in Associates and Joint Ventures

“Investments in Associates and Joint Ventures” break down as follows as of the indicated dates:

	12.31.18			12.31.17			01.01.17
Prisma Medios de Pago S.A.(*)		—			—			259,687
Nova Re Compañía Argentina de Reaseguros S.A. (**)		—			—			27,115
Others		56			83			1,107
Allowances		(56	)		(83	)		(1,107	)
Total		—			—			286,802

(*) As of December 31, 2017, it was classified to “Non-current Assets Held for Sale”. (See Notes 23 and 55).

(**) Equity investment sold in September 2017.

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Leases (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Property, Plant and Equipment Under the Terms of Financial Lease Contracts

	Real Estate		Furniture and Fixtures		Machines and Equipment			Vehicles			Total
Cost		—		—		14,660			—			14,660
Accumulated Depreciation		—		—		(14,660	)		—			(14,660	)
Balance as of 12.31.18		—		—		—			—			—
	Real Estate		Furniture and Fixtures		Machines and Equipment			Vehicles			Total
Cost		—		—		14,660			440			15,100
Accumulated Depreciation		—		—		(14,660	)		(198	)		(14,858	)
Balance as of 12.31.17		—		—		—			242			242
	Real Estate		Furniture and Fixtures		Machines and Equipment			Vehicles			Total
Cost		—		—		14,660			1,576			16,236
Accumulated Depreciation		—		—		(14,660	)		(811	)		(15,471	)
Balance as of 01.01.17		—		—		—			765			765

Summary of Estimated Future Lease Payments

The estimated future lease payments in connection with these properties are as follows:

	12.31.18		12.31.17		01.01.17
Less than One Year		906,405		788,950		672,834
Over One Year and up to Five Years		5,284,731		2,185,391		1,917,092
Over Five Years		6,191,137		1,079,291		430,597
Total		12,382,273		4,053,632		3,020,523

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Deferred Income Tax Assets/Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Changes in Deferred Income Tax Assets and Liabilities

Changes in “Deferred Income Tax Assets and Liabilities” during the fiscal years ended December 31, 2018 and December 31, 2017 are as follows:

Deferred Tax Assets

Item	12.31.17			Charge to Income			Allowance for Impairment			Others			12.31.18
Valuation of Securities		4,901			(3,325	)		—			—			1,576
Other Financial Assets		—			1,901			—			(2,179	)		(278	)
Loans and Other Financing		927,737			595,664			—			—			1,523,401
Property, Plant and Equipment		(223,241	)		(455,616	)		—			(21	)		(678,878	)
Intangible Assets		—			—			—			—			—
Tax Loss Carry-forwards		—			7,612			(3,764	)		—			3,848
Other Non-financial Assets		40,131			(6,137	)		—			—			33,994
Non-current Assets Held for Sale		—			(3,980	)		1,876			2,104			—
Allowance for Impairment		4,609			20,401			—			—			25,010
Other Financial Liabilities		912			(16,843	)		—			—			(15,931	)
Provisions		17,201			92,545			—			(55,234	)		54,512
Other Non-financial Liabilities		4,146			12,974			—			558			17,678
Quotation Difference		5,548			1,236			—			—			6,784
Others		(19,374	)		22,895			—			(2,262	)		1,259
Totals		762,570			269,327			(1,888	)		(57,034	)		972,975
Deferred Tax Liabilities
Item	12.31.17			Charge to Income			Allowance for Impairment			Others			12.31.18
Valuation of Securities		16,718			(143,241	)		—			—			(126,523	)
Other Financial Assets		(37,930	)		(13,364	)		—			2,179			(49,115	)
Loans and Other Financing		321,679			1,049,720			—			—			1,371,399
Property, Plant and Equipment		(2,784,001	)		(481,544	)		—			21			(3,265,524	)
Intangible Assets		258,221			(433,524	)		—			—			(175,303	)
Tax Loss Carry-forwards		—			—			—			—			—
Other Non-financial Assets		(154,315	)		(223,424	)		—			—			(377,739	)
Non-current Assets Held for Sale		(380,838	)		383,774			—			(2,104	)		832
Allowance for Impairment		—			—			—			—			—
Subordinated Debt Securities		(20,331	)		2,734			—			—			(17,597	)
Provisions		200,091			131,926			—			55,234			387,251
Other Non-financial Liabilities		494,380			(89,776	)		—			(558	)		404,046
Others		(2,214	)		(55,421	)		—			2,262			(55,373	)
Totals		(2,088,540	)		127,860			—			57,034			(1,903,646	)
Deferred Tax Assets
Item	01.01.17			Charge to Income			Allowance for Impairment			Others			12.31.17
Valuation of Securities		3,814			1,087			—			—			4,901
Other Financial Assets		(58	)		58			—			—			—
Loans and Other Financing		1,190,776			(263,039	)		—			—			927,737
Property, Plant and Equipment		(230,188	)		83			—			6,864			(223,241	)
Intangible Assets		(92	)		92			—			—			—
Tax Loss Carry-forwards		1,725			(1,725	)		—			—			—
Other Non-financial Assets		3,995			36,136			—			—			40,131
Non-current Assets Held for Sale		—			—			—			—			—
Allowance for Impairment		3,292			1,301			16			—			4,609
Other Financial Liabilities		—			912			—			—			912
Provisions		80,260			(9,796	)		—			(53,263	)		17,201
Other Non-financial Liabilities		3,504			642			—			—			4,146
Quotation Difference		16,022			(10,474	)		—			—			5,548
Others		(37,790	)		18,416			—			—			(19,374	)
Totals		1,035,260			(226,307	)		16			(46,399	)		762,570

Deferred Tax Liabilities
Item	01.01.17			Charge to Income			Allowance for Impairment			Others			12.31.17
Valuation of Securities		(38,276	)		54,994			—			—			16,718
Other Financial Assets		(30,062	)		(7,503	)		—			(365	)		(37,930	)
Loans and Other Financing		387,020			(65,341	)		—			—			321,679
Property, Plant and Equipment		(3,415,959	)		632,760			—			(802	)		(2,784,001	)
Intangible Assets		570,959			(312,738	)		—			—			258,221
Tax Loss Carry-forwards		272,828			(265,421	)		(7,716	)		309			—
Other Non-financial Assets		5,018			(159,333	)		—			—			(154,315	)
Non-current Assets Held for Sale		—			(378,067	)		(2,771	)		—			(380,838	)
Allowance for Impairment		(276,698	)		54,977			221,721			—			—
Subordinated Debt Securities		(3,173	)		(17,158	)		—			—			(20,331	)
Provisions		632,800			(484,267	)		—			51,558			200,091
Other Non-financial Liabilities		50,291			445,557			—			(1,468	)		494,380
Others		1,655			(2,248	)		—			(1,621	)		(2,214	)
Totals		(1,843,597	)		(503,788	)		211,234			47,611			(2,088,540	)

Summary of Changes in Deferred Income Tax Assets and Liabilities

In addition, the expiration dates of tax loss carry-forwards are as follows:

Year of Generation	Amount		Year Due	Deferred Tax Assets
2018		25,373	2023		7,612

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Assets/Liabilities for Insurance Contracts (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Assets Related to Insurance Contracts

Assets related to insurance contracts as of the indicated dates are detailed as follows:

Assets for Insurance Contracts	12.31.18		12.31.17		01.01.17
Premiums Receivable		964,214		1,006,658		962,651
Receivables from Reinsurers		5,361		5,128		6,143
Fees to collect		2,455		—		12,828
Others		10,472		9,917		7,101
Total		982,502		1,021,703		988,723

Liabilities Related to Insurance Contracts

Liabilities related to insurance contracts as of the indicated dates are detailed as follows:

Liabilities for Insurance Contracts	12.31.18			12.31.17			01.01.17
Debts with Insured		373,600			416,318			420,249
Debts with Reinsurers		9,702			25,904			(1,535	)
Debts with Co-insurers		2,639			3,608			4,741
Debts with Insurance Brokers		185,930			191,681			195,257
Statutory Reserves		571,225			589,255			561,227
Unpaid Losses to Be Borne by Reinsurers (Offset Account)		(39,876	)		(31,119	)		(25,777	)
Total		1,103,220			1,195,647			1,154,162

Summary of Debts with Insureds

Debts with Insured	12.31.18		12.31.17		01.01.17
Property Insurance		105,517		93,082		66,389
Administrative Direct Insurance		60,118		48,569		37,146
Direct Insurance in Litigation		9,966		9,060		4,710
Direct Insurance in Mediation		426		741		702
Settled Losses to be Paid		1,609		2,438		2,463
Unpaid Losses for Active Reinsurance and Retrocession		1,038		793		—
Incurred But Not Reported Losses - IBNR		32,360		31,481		21,368
Life Insurance		268,074		322,997		353,615
Administrative Direct Insurance		243,850		294,959		308,463
Direct Insurance in Litigation		4,752		5,528		3,534
Direct Insurance in Mediation		668		1,389		1,094
Settled Losses to be Paid		1,424		3,673		4,907
Unpaid Losses for and Active Reinsurance and Retrocession		4,400		2,826		—
Incurred But Not Reported Losses - IBNR		12,714		14,229		35,125
Surrenders Payable		265		391		488
Payables for Premiums to be Refunded		1		2		4
Retirement Insurance		9		239		245
Past Due Annuities Payable		9		239		245
Total		373,600		416,318		420,249

Summary of Net Gross and Reinsurers Share for Amounts Arising from Insurance Contracts

Debts with Reinsurers and  Co-insurers	Current Account		Reinstatement Premiums		Minimum Deposit Premium to Be Accrued			Deposits as Collateral		Unpaid Losses to Be Borne by Reinsurers			Total
IBNR to Be Borne by Reinsurers		21,852		—		(12,150	)		—		(39,876	)		(30,174	)
Debts with Co-insurers		2,639		—		—			—		—			2,639
Total as of 12.31.18		24,491		—		(12,150	)		—		(39,876	)		(27,535	)
Total as of 12.31.17		45,064		—		(15,552	)		—		(31,119	)		(1,607	)

Summary of Debts with Insurance Brokers

Debts with Insurance Brokers	12.31.18		12.31.17		01.01.17
Current Account - Insurance Brokers		45,225		47,263		87,939
Commissions on Premiums Receivable		113,238		114,482		62,016
Underwriting Expenses Payable		27,467		29,936		45,302
Total		185,930		191,681		195,257

Summary of Statutory Reserves

Statutory Reserves	12.31.18			12.31.17			01.01.17
Unearned Premiums and Similar		327,392			296,487			241,924
Premiums and Surcharges		316,672			301,076			293,729
Premiums on Passive Reinsurance		(14,516	)		(35,710	)		(52,067	)
Active Reinsurance		25,236			30,948			—
Insufficient Premiums		—			173			262
Mathematical Reserves		243,833			292,768			319,303
Mathematical Reserves - Individual Life Insurance		80,545			88,543			91,918
Mathematical Reserves - Individual Retirement Insurance		67,088			47,960			54,051
Mathematical Reserves of Life Annuities		95,179			118,224			133,611
Provision for Restoring the Mathematical Reserve		7			12			6
Fluctuation Funds		1,014			38,029			39,717
Total		571,225			589,255			561,227

Summary of Assumption Used for Current Estimates of Future Cash Flows Derived from Insurance Contract

Insurance liabilities were recorded according to the liability adequacy test, using the current estimates of future cash flows derived from insurance contracts. The assumptions used are as follows:

Mortality Table	GAM 94
Investment (Discount) Rate	3.38%
Benchmark Rate	Projected benchmark rate based on a share of CER starting with 1.36% in the case of voluntary retirement and 1.63% in the case of life annuities.
Administrative Expenses	682 in the case of voluntary retirement and 620 in the case of life annuities

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Other Non-financial Assets (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Other Non-financial Assets

“Other Non-financial Assets” break down as follows:

	12.31.18		12.31.17		01.01.17
Shareholders		—		—		50,431
Payments in Advance of Directors’ and Syndics’ Fees		2,071		5,054		19,527
Payments in Advance to Personnel		50,385		18,382		18,416
Tax Credits		115,558		61,460		251,330
Payments in Advance		448,545		449,312		398,684
Advances for Purchase of Assets		1,141,114		2,180,993		1,103,230
Investment properties (*)		290,894		296,418		302,453
Other Miscellaneous Assets Measured at Cost		696,996		588,468		681,033
Assets Acquired through Foreclosures		32,852		54,787		31,041
Others		46,354		83,256		163,523
Total		2,824,769		3,738,130		3,019,668

(*) Changes in “Investment Properties” are detailed in Schedule F.

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Non-current Assets Held for Sale and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Classification of Assets as Assets Held for Sale and Discontinued Operations

The Group has classified the following assets as “Assets Held for Sale and Discontinued Operations”:

	12.31.18		12.31.17		01.01.17
Equity Investments		414,778		10,855,802		10,914,825
Prisma Medios de Pago S.A.		414,778		374,937		—
Compañía Financiera Argentina S.A.(*)		—		10,425,762		10,859,722
Cobranzas y Servicios S.A.(*)		—		55,103		55,103
Other Debt Securities		188,947		—		—
Financial Trust Crecere III, IV, V, VI, VII and VIII		188,947		—		—
Property, Plant and Equipment		4,290		4,289		4,291
Real Estate		4,290		4,289		4,291
Total		608,015		10,860,091		10,919,116

(*) The amount relates to the balance of assets held for sale were booked under “Non-current Assets Held for Sale”. The Liabilities related to this assets were booked under and “Other Non-financial Liabilities”

Summary of Discontinued Operations

The information below is related to the Group’s discontinued operations (Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A.):

Compañía Financiera Argentina S.A.	12.31.2017
Assets		10,425,762
Cash and Due from Banks		754,856
Securities		30,911
Loans		9,058,863
Miscellaneous Receivables		383,937
Equity Investments		7,927
Bank Property, Plant and Equipment		73,093
Miscellaneous Assets		3,709
Intangible Assets		112,466
Liabilities(*)		8,620,104
Deposits		2,603,478
Debt Securities		2,304,169
Other Liabilities Resulting from Financial Brokerage		3,039,665
Miscellaneous Liabilities		594,386
Provisions		78,406

(*) Recorded in “Other Non-financial Liabilities”. See Note 31.

Cobranzas y Servicios S.A.	12.31.2017
Assets		55,103
Cash and Due from Banks		545
Securities		23,707
Miscellaneous Receivables		30,851
Liabilities(*)		42,202
Miscellaneous Liabilities		42,202

(*) Recorded in “Other Non-financial Liabilities”. See Note 31.

Assets	12.31.17		01.01.17
Equity Investments in Subsidiaries
Compañía Financiera Argentina S.A.		1,805,658		2,239,617
Cobranzas y Servicios S.A.		12,901		12,902
Total Assets		1,818,559		2,252,519

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Deposits (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Deposits

Deposits break down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
In Pesos		197,429,716		192,412,724		183,073,374
Checking Accounts		39,854,371		48,899,103		51,553,662
Savings Accounts		61,128,663		61,068,905		47,849,922
Time Deposits		89,204,808		78,139,750		79,111,568
Time Deposits – UVA		1,984,548		889,541		153,275
Others		1,273,540		1,307,966		2,780,765
Interest and Adjustments		3,983,786		2,107,459		1,624,182
In Foreign Currency		162,667,559		103,954,632		94,004,188
Savings Accounts		137,762,699		87,181,645		50,026,752
Time Deposits		24,064,063		16,162,106		12,356,404
Others		792,809		587,628		31,605,693
Interest and Adjustments		47,988		23,253		15,339
Total		360,097,275		296,367,356		277,077,562

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Other Financial Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Other Financial Liabilities

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
Payables for Purchases Pending Settlement		1,512,197		1,597,375		1,993,765
Collections and Other Transactions on Account of Third Parties		7,646,888		4,649,744		5,891,142
Liabilities due to Financing of Purchases		36,894,587		39,185,267		38,237,617
Payables for Foreign Currency Purchase Pending Settlement		14,409,983		7,455,274		9,124,786
Commissions Accrued Payable		344,570		295,660		205,413
Miscellaneous Subject to Minimum Cash Requirements		507,101		417,075		584,706
Miscellaneous not Subject to Minimum Cash Requirements		1,195,353		918,298		507,406
Other Financial Liabilities		724,363		832,106		549,941
Total		63,235,042		55,350,799		57,094,776

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Loans from the Argentine Central Bank and Other Financial Institutions (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Loans from the Argentina Central Bank and Other Financial Institutions

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
Loans from the Argentine Central Bank		28,675		22,623		23,450
Correspondents		1,583,638		614,362		2,104,863
Loans from Local Financial Institutions		5,719,582		3,552,963		6,511,273
Loans from Foreign Financial Institutions		7,474,069		6,056,735		3,840,658
Loans from International Entities		4,640,064		1,371,619		236,901
Total		19,446,028		11,618,302		12,717,145

Schedule of Credit Lines with Local and International Financial Institutions and Entities

The following table details the credit lines with local and international financial institutions and entities as of the indicated dates:

Financial Institutions and/or Entities	Date of Placement		Currency		Term(*)		Rate(*)		Maturity Date		Amount as of 12.31.18(**)
Local												5,748,257
BICE		Miscellaneous		$		1,838 days		50.88		Miscellaneous		2,844,547
BICE		Miscellaneous		US$		1,792 days		4.36		Miscellaneous		115,799
Call Taken		12.28.18		$		5 days		55.94		01.02.19		804,056
Argentine Central Bank		12.28.18		$		5 days		—		01.02.19		27,681
Argentine Central Bank		12.18.18		US$		5 days		—		01.02.19		994
Other Lines(1)		Miscellaneous		$		364 days		45.89		Miscellaneous		1,955,180
International												13,697,771
Correspondents		12.31.18		US$		2 days		—		01.02.19		1,583,638
IFC		Miscellaneous		US$		945 days		5.78		Miscellaneous		4,591,008
Prefinancing		Miscellaneous		US$		235 days		3.96		Miscellaneous		5,643,958
IDB		Miscellaneous		US$		351 days		4.44		Miscellaneous		1,879,167
Total												19,446,028

(*) Weighted average.

(**) It includes principal and interest.

(1) Relates to regional credit-card companies’ credit lines.

Financial Institutions and/or Entities	Date of Placement		Currency		Term(*)		Rate(*)		Maturity Date		Amount as of 12.31.17(**)
Local												3,575,586
BICE		Miscellaneous		$		1,875 days		23.84		Miscellaneous		3,253,133
BICE		Miscellaneous		US$		1,086 days		3.38		Miscellaneous		3,855
Call Taken		12.28.17		$		5 days		24.5		01.02.18		93,699
Argentine Central Bank		12.28.17		$		5 days		—		01.02.18		21,565
Argentine Central Bank		12.28.17		US$		5 days		—		01.02.18		1,058
Other Lines(1)		Miscellaneous		$		365 days		27.95		Miscellaneous		202,276
International												8,042,716
Correspondents		12.29.17		US$		4 days		—		01.02.18		614,362
IFC		Miscellaneous		US$		1,085 days		5.59		Miscellaneous		1,247,368
Prefinancing		Miscellaneous		US$		208 days		2.89		Miscellaneous		5,701,293
Proparco		Miscellaneous		US$		351 days		4.96		Miscellaneous		28,751
IDB		Miscellaneous		US$		240 days		3.21		Miscellaneous		450,942
Total												11,618,302

(*) Weighted average.

(**) It includes principal and interest.

(1) Relates to regional credit-card companies’ credit lines.

Financial Institutions and/or Entities	Date of Placement		Currency		Term(*)		Rate(*)		Maturity Date		Amount as of 01.01.17(**)
Local												6,578,602
BICE		Miscellaneous		$		1,648 days		23.67		Miscellaneous		2,174,110
BICE		Miscellaneous		US$		1,170 days		4.5		Miscellaneous		7,400
Call Taken		12.30.16		$		3 days		25.38		01.02.17		304,021
Argentine Central Bank		12.30.16		$		3 days		—		01.02.17		21,180
Argentine Central Bank		12.30.16		US$		3 days		—		01.02.17		2,270
Other Lines(1)		Miscellaneous		$		490 days		28.44		Miscellaneous		4,025,742
Correspondents		12.30.16		$		3 days		—		01.02.17		43,879
International												6,138,543
Correspondents		12.30.16		US$		3 days		—		01.02.17		2,060,984
IFC		Miscellaneous		US$		1,209 days		5.8		Miscellaneous		146,024
Prefinancing		Miscellaneous		US$		267 days		2.57		Miscellaneous		3,840,658
Proparco		Miscellaneous		US$		210 days		4.96		Miscellaneous		90,877
Total												12,717,145

(*) Weighted average.

(**) It includes principal and interest.

(1) Primarily relates to regional credit-card companies’ credit lines.

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Debt Securities (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Breakdown of the Global Programs for the Issuance of Debt Securities outstanding

The following is a breakdown of the Global Programs for the Issuance of Debt securities outstanding:

Company	Authorized Amount(*)	Type of Debt Securities	Term of Program		Date of Approval by Shareholders’ Meeting	Approval by the C.N.V.
Grupo Financiero Galicia S.A.	US$ 100,000	Simple debt securities not convertible into shares		5 years	03.09.09 confirmed on 08.02.12	Resolution No. 16113 dated 04.29.09 and extended through Resolution No. 17343 dated 05.08.14 Authorization of the increase, Resolution No. 17064 dated 04.25.13
Banco de Galicia y Buenos Aires S.A.U.	US$ 2,100,000	Simple debt securities, not convertible into shares, subordinated or not, to be adjusted or not, secured or unsecured.		5 years	04.28.05, 04.14.10, 04.29.15 and 11.09.16	Resolution No. 15228 dated 11.04.05 and extended through Resolution No. 16454 dated 11.11.10 and Resolution No. 17883 dated 11.20.15. Increase of the amount approved by Resolutions Nos. 17883 dated 11.20.15, No. 18081 dated 06.10.16, No. 18480 dated 01.26.17 and No. 19520 dated 05.17.18
Tarjeta Naranja S.A.	US$ 650,000	Simple debt securities, not convertible into shares		5 years	03.08.12	Resolution No. 16822 dated 05.23.12 and extended through Resolution No. 17676 dated 05.21.15.
Tarjetas Cuyanas S.A.	US$ 250,000	Simple debt securities, not convertible into shares		5 years	03.30.10 confirmed on 04.06.10 and 02.15.13	Resolution No. 16328 dated 05.18.10 Authorization of the increase, Resolution No. 17072 dated 05.02.13

(*) Or its equivalent in any other currency.

Summary of Unsubordinated Debt Securities Outstanding Issued Under the Global Programs

The Company has the following Unsubordinated Debt securities outstanding issued under the Global Programs detailed in the table above as of December 31, 2018, net of repurchases of Own Debt:

Company	Date of Placement		Currency		Class ON.	Face Value			Type(**)		Term		Maturity Date		Rate	Issuance Authorized by the C.N.V.		Carrying Amount(*) as of 12.31.18
Banco de Galicia y Buenos Aires S.A.U.		02.17.17		$	Class III	US$	150,537	(1)		Simple		36 Months		—	(1)(3)		02.06.17		2,471,648
Banco de Galicia y Buenos Aires S.A.U.		05.18.17		$	IV	$	2,000,000			Simple		36 Months		—	(2)(4)		05.08.17		2,126,523
Banco de Galicia y Buenos Aires S.A.U.		04.26.18		$	V Series I	$	4,209,250			Simple		24 Months		—	(5)		04.18.18		4,898,450
Banco de Galicia y Buenos Aires S.A.U.		04.26.18		$	V Series II	$	2,032,833			Simple		36 Months		—	(6)		04.18.18		2,174,984
Tarjeta Naranja S.A.		04.13.16		$	XXXIII Series II	$	366,908			Simple		1,095 days		04.13.19	Minimum 37% Rate/Badlar +5.40%		03.28.16		412,803
Tarjeta Naranja S.A.		06.29.16		$	XXXIV Series II	$	475,397			Simple		1,461 days		06.29.20	Minimum 32% Rate/ Badlar +4.67%		06.21.16		541,106
Tarjeta Naranja S.A.		09.27.16		$	XXXV Series II	$	774,389			Simple		1,461 days		09.27.20	Minimum 26% Rate/ Badlar +3.99%		09.15.16		728,000
Tarjeta Naranja S.A.		12.07.16		$	XXXVI Series II	$	636,409			Simple		1,095 days		12.07.19	Minimum 25.25% Rate/Badlar + 4%		11.23.16		648,695
Tarjeta Naranja S.A.		04.11.17		$	XXXVII	$	3,845,700			Simple		1,826 days		04.11.22	Minimum 15% Rate/ Badlar + 3.50%		03.30.17		4,083,446
Tarjeta Naranja S.A.		11.13.17		$	XXXVIII	$	503,333			Simple		546 days		05.13.19	Minimum 29.05% Rate/MR20 + 4%		11.07.17		538,056
Tarjeta Naranja S.A.		02.14.18		$	XXXIX	$	754,538			Simple		546 days		09.14.19	Minimum 26.75% Rate/MR 20 +3.4%		02.02.18		803,823
Tarjeta Naranja S.A.		04.10.18		$	XL Series I	$	597,500			Simple		548 days		10.10.19	25.98% Fixed Rate		03.27.18		708,732
Tarjeta Naranja S.A.		04.10.18		$	XL Series II	$	1,402,500			Simple		914 days		10.10.20	Minimum 27% Rate/ Badlar + 3.69%		03.27.18		1,547,760
Tarjeta Naranja S.A.		11.15.18		$	XLI Series I	$	854,102			Simple		365 days		11.15.19	54% Fixed Rate		—		905,479
Tarjeta Naranja S.A.		11.15.18		$	XLI Series II	$	343,555			Simple		547 days		05.15.20	Badlar + 10%		—		346,775
Tarjeta Naranja S.A.		12.17.18		$	XLII	$	1,266,303			Simple		287 days		09.30.19	58% Fixed Rate		—		1,234,147
Tarjeta Naranja S.A.(***)		05.05.16		$	XXIV Series II	$	234,309			Simple		1,095 days		05.05.19	Minimum 37% Rate/ Badlar + 4.98%		04.22.16		172,255
Tarjeta Naranja S.A.(***)		07.26.16		$	XXV	$	400,000			Simple		1,461 days		07.26.20	Minimum 30% Rate/ Badlar + 3.94%		07.13.16		430,504
Tarjeta Naranja S.A.(***)		10.24.16		$	XXVI Series II	$	350,237			Simple		1,461 days		10.24.20	Minimum 26% Rate/ Badlar + 4.00%		10.14.16		358,563
Tarjeta Naranja S.A.(***)		02.10.17		$	XXVII Series II	$	500,000			Simple		1,095 days		02.10.20	Minimum 23.5% Rate/ Badlar + 3.50%		02.02.17		500,457
Tarjeta Naranja S.A.(***)		06.09.17		$	XXVIII Series I	$	128,175			Simple		730 days		06.09.19	Minimum 25% Rate/ Badlar + 3.05%		05.29.17		126,755
Tarjeta Naranja S.A.(***)		06.09.17		$	XXVIII Series II	$	371,825			Simple		1,461 days		06.09.21	Minimum 25% Rate/ Badlar + 3.70%		05.29.17		374,000
Total																			26,132,961

(*) It includes principal and interest.

(**) Not convertible into shares.

(***) Negotiable Obligations merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

(1) As specified in the terms and conditions of the issuance, they were converted to $2,360,360 Investor assumes the exchange rate risk since the service of interest and principal is calculated on the basis of the principal amount in Pesos converted into US Dollars on each payment date.

(2) The net proceeds from this issuance of negotiable obligations was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Negotiable Obligations and the Argentine Central Bank regulations.

(3) Variable rate equal to the simple arithmetic average of private Badlar, plus 2.69%, which will be payable quarterly as from May 17, 2017.

(4) Variable rate equal to the simple arithmetic average of private Badlar, plus 2.98%, which will be payable quarterly as from August 18, 2017.

(5) Annual nominal fixed 25.98% rate; principal and interest will be settled in full upon maturity.

(6) Variable rate equal to the simple arithmetic average of private Badlar, plus 3.5%, which will be payable quarterly as from July 26, 2018. Principal in respect of this Series will be repaid upon maturity.

On June 21, 2018, Banco de Galicia y Buenos Aires S.A.U. issued the “Green Bond” which was entirely acquired by the International Finance Corporation. The Green Bond is a 7-year facility, with interest payable every six months. The Green Bond has a 36-month grace period in respect of the repayment of principal, followed by payments in 9 installments due every six months. As of December 31, 2018, the carrying amount of the Green Bond totals $3,850,692.

Under the Global Program for the Issuance of Debt Securities outstanding, after year-end, Banco Galicia issued Class VI for a face value of US$82,713 at a fixed 4.8% rate, with a 7-months maturity after issuance.

The Company has the following Unsubordinated Debt Securities outstanding issued under the Global Programs detailed in the table above as of December 31, 2017, net of repurchases of Own Debt:

Company	Date of Placement		Currency	Class ON.		Face Value			Type(**)		Term		Maturity Date		Rate		Issuance Authorized by the C.N.V.		Carrying Amount(*) as of 12.31.17
Banco de Galicia y Buenos Aires S.A.U.		02.17.17	$		III	US$	150,537	(1)		Simple		36 Months		—		(1)(3)		02.06.17		3,589,743
Banco de Galicia y Buenos Aires S.A.U.		05.18.17	$		IV	$	2,000,000			Simple		36 Months		—		(2)(4)		05.08.17		3,037,480
Tarjeta Naranja S.A.		04.13.16	$		XXXIII Series II	$	366,908			Simple		1,095 days		04.13.19		Minimum 37% Rate/ Badlar +5.40%		03.28.16		553,033
Tarjeta Naranja S.A.		06.29.16	$		XXXIV Series II	$	475,397			Simple		1,461 days		06.29.20		Minimum 32% Rate/ Badlar +4.67%		06.21.16		697,050
Tarjeta Naranja S.A.		09.27.16	$		XXXV Series I	$	225,611			Simple		546 days		03.27.18		Minimum 26% Rate/ Badlar +2.99%		09.15.16		335,414
Tarjeta Naranja S.A.		09.27.16	$		XXXV Series II	$	774,389			Simple		1,461 days		09.27.20		Minimum 26% Rate/ Badlar +3.99%		09.15.16		1,117,422
Tarjeta Naranja S.A.		12.07.16	$		XXXVI Series I	$	210,571			Simple		547 days		06.07.18		Minimum 25.25% Rate/ Badlar + 3.25%		11.23.16		313,977
Tarjeta Naranja S.A.		12.07.16	$		XXXVI Series II	$	636,409			Simple		1,095 days		12.07.19		Minimum 25.25% Rate/ Badlar + 4%		11.23.16		922,082
Tarjeta Naranja S.A.		04.11.17	$		XXXVII	$	3,845,700			Simple		1,826 days		04.11.22		Minimum 15% Rate/ Badlar + 3.50%		03.30.17		5,940,224
Tarjeta Naranja S.A.		11.13.17	$		XXXVIII	$	503,333			Simple		546 days		05.13.19		Minimum 29.05% Rate/ MR20 + 4%		11.07.17		762,789
Tarjeta Naranja S.A.(***)		05.05.16	$		XXIV Series II	$	234,309			Simple		1,095 days		05.05.19		Minimum 37% Rate/ Badlar + 4.98%		04.22.16		305,617
Tarjeta Naranja S.A.(***)		07.26.16	$		XXV	$	400,000			Simple		1,461 days		07.26.20		Minimum 30% Rate/ Badlar + 3.94%		07.13.16		619,400
Tarjeta Naranja S.A.(***)		10.24.16	$		XXVI Series I	$	149,763			Simple		547 days		04.24.18		Minimum 26% Rate/ Badlar + 2.75%		10.14.16		231,713
Tarjeta Naranja S.A.(***)		10.24.16	$		XXVI Series II	$	350,237			Simple		1,461 days		10.24.20		Minimum 26% Rate/ Badlar + 4%		10.14.16		448,220
Tarjeta Naranja S.A.(***)		02.10.17	$		XXVII Series II	$	500,000			Simple		1,095 days		02.10.20		Minimum 23.5% Rate/ Badlar + 3.5%		02.02.17		761,711
Tarjeta Naranja S.A.(***)		06.09.17	$		XXVIII Series I	$	128,175			Simple		730 days		06.09.19		Minimum 25% Rate/ Badlar + 3.05%		05.29.17		192,243
Tarjeta Naranja S.A.(***)		06.09.17	$		XXVIII Series II	$	371,825			Simple		1,461 days		06.09.21		Minimum 25% Rate/ Badlar + 3.7%		05.29.17		451,047
Total																				20,279,165

(*) It includes principal and interest.

(**) Not convertible into shares.

(***) Negotiable Obligations merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

(1) As specified in the terms and conditions of the issuance, they were converted to $2,360,360. Investor assumes the exchange rate risk since the service of interest and principal is calculated on the basis of the principal amount in Pesos converted into US Dollars on each payment date.

(2) The net proceeds from this issuance of negotiable obligations was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Negotiable Obligations and the Argentine Central Bank regulations.

(3) Variable rate equal to the simple arithmetic average of private Badlar, plus 2.69%, which will be payable quarterly as from May 17, 2017.

(4) Variable rate equal to the simple arithmetic average of private Badlar, plus 2.98%, which will be payable quarterly as from August 18, 2017.

The Company has the following Unsubordinated Debt securities outstanding issued under the Global Programs detailed in the table above as of January 1, 2017, net of repurchases of Own Debt securities:

Company	Date of Placement		Currency	Class ON.	Face Value		Type(**)	Term	Maturity Date		Rate	Issuance Authorized by the C.N.V.		Carrying Amount(*) as of 01.01.17
Grupo Financiero Galicia S.A.		01.30.14	$	V Series II	$	78,200	Simple	36 Months		01.31.17	Variable Badlar + 5.25%		04.25.13		150,085
Grupo Financiero Galicia S.A.		10.23.14	$	VI Series II	$	109,845	Simple	36 Months		10.23.17	Variable Badlar +4.25%		10.03.14		209,826
Grupo Financiero Galicia S.A.		07.27.15	$	VII	$	160,000	Simple	24 Months		07.27.17	(1)		07.16.15		298,906
Banco de Galicia y Buenos Aires S.A.U.		05.04.11	US$	—	US$	300,000	Simple	84 Months		—	(2)(3)		04.14.11		8,666,274
Tarjeta Naranja S.A.		01.28.11	US$	XII	US$	200,000	Simple	2,192 days		01.28.17	Annual Nominal Fixed at 9%		01.14.11		2,024,736
Tarjeta Naranja S.A.		02.26.14	$	XXIV Series II	$	33,500	Simple	1,096 days		02.26.17	Variable Badlar + 5%		02.14.14		63,583
Tarjeta Naranja S.A.		01.22.15	$	XXVIII Series II	$	129,000	Simple	731 days		01.22.17	Variable Badlar + 4.5%		01.09.15		48,759
Tarjeta Naranja S.A.		04.27.15	$	XXIX	$	334,030	Simple	731 days		04.27.17	27.75% Mixed Rate/ Badlar + 4.5%		04.16.15		320,917
Tarjeta Naranja S.A.		06.29.15	$	XXX	$	400,000	Simple	731 days		06.29.17	27.75% Mixed Rate/ Badlar + 4.5%		06.18.15		620,374
Tarjeta Naranja S.A.		10.19.15	$	XXXI	$	370,851	Simple	548 days		04.19.17	27% Mixed Rate/ Badlar + 4.5%		10.07.15		348,211
Tarjeta Naranja S.A.		01.20.16	$	XXXII	$	260,811	Simple	639 days		10.20.17	Variable Badlar +4.5%		12.15.15		293,380
Tarjeta Naranja S.A.		04.13.16	$	XXXIII Series I	$	133,092	Simple	548 days		10.13.17	Minimum 37% Rate/ Badlar +4.5%		03.28.16		231,198
Tarjeta Naranja S.A.		04.13.16	$	XXXIII Series II	$	366,908	Simple	1,095 days		04.13.19	Minimum 37% Rate/ Badlar +5.4%		03.28.16		704,916
Tarjeta Naranja S.A.		06.29.16	$	XXXIV Series I	$	124,603	Simple	548 days		12.29.17	Minimum 32% Rate/ Badlar +3.38%		06.21.16		192,226
Tarjeta Naranja S.A.		06.29.16	$	XXXIV Series II	$	475,397	Simple	1,461 days		06.29.20	Minimum 32% Rate/ Badlar +4.67%		06.21.16		859,445
Tarjeta Naranja S.A.		09.27.16	$	XXXV Series I	$	225,611	Simple	546 days		03.27.18	Minimum 26% Rate/ Badlar +2.99%		09.15.16		413,913
Tarjeta Naranja S.A.		09.27.16	$	XXXV Series II	$	774,389	Simple	1,461 days		09.27.20	Minimum 26% Rate/ Badlar +3.99%		09.15.16		1,385,944
Tarjeta Naranja S.A.		12.07.16	$	XXXVI Series I	$	210,571	Simple	547 days		06.07.18	Minimum 25.25% Rate/ Badlar +3.25%		11.23.16		360,637
Tarjeta Naranja S.A.		12.07.16	$	XXXVI Series II	$	636,409	Simple	1,095 days		12.07.19	Minimum 25.25% Rate/ Badlar +4%		11.23.16		1,023,720
Carry-foward															18,217,050

Company	Date of Placement		Currency		Class ON.		Face Value		Type(**)		Term		Maturity Date		Rate		Issuance Authorized by the C.N.V.		Carrying Amount(*) as of 01.01.2017
Carry-back																				18,217,050
Tarjeta Naranja S.A.(***)		02.20.15		$		XIX Series II	$	75,555		Simple		731 days		02.20.17		Variable Badlar + 4.95%		02.06.15		19,218
Tarjeta Naranja S.A.(***)		08.12.15		$		XXI	$	232,000		Simple		550 days		02.12.17		Variable Badlar +4.5%		07.29.15		381,218
Tarjeta Naranja S.A.(***)		11.13.15		$		XXII	$	300,000		Simple		547 days		05.13.17		Variable Badlar + 4.25%		11.03.15		570,817
Tarjeta Naranja S.A.(***)		03.16.16		$		XXIII	$	242,000		Simple		549 days		09.16.17		Minimum 35.25% Rate/ Badlar +4.99%		03.07.16		302,381
Tarjeta Naranja S.A.(***)		05.05.16		$		XXIV Series I	$	65,691		Simple		549 days		11.05.17		Minimum 37% Rate/ Badlar +4.08%		04.22.16		125,645
Tarjeta Naranja S.A.(***)		05.05.16		$		XXIV Series II	$	234,309		Simple		1,095 days		05.05.19		Minimum 37% Rate/ Badlar + 4.98%		04.22.16		354,070
Tarjeta Naranja S.A.(***)		07.26.16		$		XXV	$	400,000		Simple		1,461 days		07.26.20		Minimum 30% Rate/ Badlar + 3.94%		07.13.16		677,665
Tarjeta Naranja S.A.(***)		10.24.16		$		XXVI Series I	$	149,763		Simple		547 days		04.24.18		Minimum 26% Rate/ Badlar + 2.75%		10.14.16		289,314
Tarjeta Naranja S.A.(***)		10.24.16		$		XXVI Series II	$	350,237		Simple		1,461 days		10.24.20		Minimum 26% Rate/ Badlar + 4%		10.14.16		676,589
Tarjetas del Mar S.A.		02.19.16		$		I	$	150,000		Simple		18 Months		08.19.17		Variable Badlar +4.5%		02.04.16		234,493
Total																				21,848,460

(*) It includes principal and interest.

(**) Not convertible into shares.

(1) Annual nominal 27% fixed rate during the first nine months, and variable Badlar plus an annual 4.25% rate for the following 15 months.

(2) On May 4, 2017, Banco Galicia redeemed all outstanding negotiable obligations due 2018, at a price equal to 100% of their residual face value, plus accrued interest up to, but excluding, the redemption date.

(3) The net proceeds from this issuance of negotiable obligations was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Negotiable Obligations and the Argentine Central Bank regulations.

Summary of Repurchases of Own Debt Securities

The repurchases of Own Debt securities as of the indicated dates are as follows:

Company	ON Class	Face Value as of 12.31.18		Carrying Amount(*) as of 12.31.18
Banco de Galicia y Buenos Aires S.A.U.	Class III		2,335		36,437
Banco de Galicia y Buenos Aires S.A.U.	Class V – Series II		48,000		47,178
Tarjeta Naranja S.A.	Class XXXV Series II		51,500		49,783
Tarjeta Naranja S.A.	Class XXXVI Series II		10,000		10,546
Tarjeta Naranja S.A.	Class XXXVII		11,783		184,535
Tarjeta Naranja S.A.	Class XXXVIII		3,870		4,135
Tarjeta Naranja S.A.	Class XXXIX		5,000		5,351
Tarjeta Naranja S.A.	Class XL		16,000		17,504
Tarjeta Naranja S.A.	Class XLI Series I		1,000		936
Tarjeta Naranja S.A.	Class XLI Series II		19,000		20,227
Tarjeta Naranja S.A.	Class XLII		50,000		54,389
Tarjeta Naranja S.A.(**)	Class XXIV Series II		80,000		82,947
Tarjeta Naranja S.A.(**)	Class XXV Series II		9,000		8,984
Tarjeta Naranja S.A.(**)	Class XXVI Series II		25,000		27,027
Tarjeta Naranja S.A.(**)	Class XXVII Series I		36,761		37,282
Tarjeta Naranja S.A.(**)	Class XXVII Series II		5,488		5,757
Tarjeta Naranja S.A.(**)	Class XXVIII Series II		8,254		8,501
Total					601,519

(*) It includes principal and interest.

(**) Debt securities merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

Company	ON Class	Face Value as of 12.31.17		Carrying Amount(*) as of 12.31.17
Banco de Galicia y Buenos Aires S.A.U.	Class III		290		6,863
Tarjeta Naranja S.A.	Class XXXIII Series II		13,231		21,313
Tarjeta Naranja S.A.	Class XXXIV Series II		2,111		3,270
Tarjeta Naranja S.A.	Class XXXV Series II		15,500		23,786
Tarjeta Naranja S.A.	Class XXXVI Series I		2,000		2,984
Tarjeta Naranja S.A.	Class XXXVI Series II		20,000		31,372
Tarjeta Naranja S.A.	Class XXXVIII		2,000		3,040
Tarjeta Naranja S.A.(**)	Class XXIV Series II		35,000		55,333
Tarjeta Naranja S.A.(**)	Class XXVI Series II		60,540		94,889
Tarjeta Naranja S.A.(**)	Class XXVII Series II		2,871		4,251
Tarjeta Naranja S.A.(**)	Class XXVIII Series II		66,659		106,851
Total					353,952

(*) It includes principal and interest.

(**) Debt securities merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

Company	ON Class	Face Value as of 01.01.17		Carrying Amount(*) as of 01.01.17
Grupo Financiero Galicia S.A.	VII		3,000		5,776
Banco de Galicia y Buenos Aires S.A.U.	—	US$	7,865		241,671
Tarjeta Naranja S.A.	XIII	US$	3,998		40,031
Tarjeta Naranja S.A.	XXVIII Series II		35,000		22,463
Tarjeta Naranja S.A.	XXIX		3,500		6,729
Tarjeta Naranja S.A.	XXX		65,900		119,696
Tarjeta Naranja S.A.	XXXI		20,730		40,109
Tarjeta Naranja S.A.	XXXII		109,257		211,429
Tarjeta Naranja S.A.	XXXIII Series I		14,000		27,250
Tarjeta Naranja S.A.	XXXIII Series II		3,184		6,335
Tarjeta Naranja S.A.	XXXIV Series I		20,000		36,717
Tarjeta Naranja S.A.	XXXIV Series II		6,111		11,286
Tarjeta Naranja S.A.	XXXV Series II		17,500		32,460
Tarjeta Naranja S.A.	XXXVI Series I		16,610		30,984
Tarjeta Naranja S.A.	XXXVI Series II		85,228		159,460
Tarjeta Naranja S.A.(**)	XIX Series II		65,500		123,871
Tarjeta Naranja S.A.(**)	XXI		31,383		60,648
Tarjeta Naranja S.A.(**)	XXIII		79,243		148,408
Tarjeta Naranja S.A.(**)	XXIV Series II		49,000		94,683
Tarjeta Naranja S.A.(**)	XXV		52,000		99,338
Tarjetas del Mar S.A.	I		30,259		56,736
Total					1,576,080

(*) It includes principal and interest.

(**) Debt securities merged into by Tarjeta Naranja S.A. following its merger with Tarjetas Cuyanas S.A.

Related-party information is disclosed in Note 52.

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Subordinated Debt Securities (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Subordinated Debt Securities Not Convertible Into Shares Issued Under Global Programs

The Company has the following subordinated debt securities not convertible into shares issued under the Global Programs detailed in Note 28 as of the close of the fiscal year:

Company

Date of Placement

Currency

ON Class

Face Value

Term

Maturity Date

Rate

Issuance Authorized by the C.N.V.

Carrying Amount as of 12.31.18(*)

Banco de Galicia y Bs. As. S.A.U.

07.19.16

US$

—

US$

250,000

120 months

(1)

—

(2)(3)

06.23.16

9,767,874

(*) It includes principal and interest.

(1) Amortization shall be fully made upon maturity, on July 19, 2026, unless redeemed, at the issuer’s option, fully at a price equal to 100% of the outstanding principal plus accrued and unpaid interest.

(2) Fixed 8.25% rate p.a. (as from the issuance date to July 19, 2021, inclusively); and margin to be added to the nominal Benchmark Readjustment Rate of 7.156% p.a. to the due date of Debt securities. Such interest shall be payable semiannually on January 19 and July 19 as from 2017.

(3) The net proceeds from this issuance of debt securities was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Debt securities and the Argentine Central Bank regulations.

Company

Date of Placement

Currency

ON Class

Face Value

Term

Maturity Date

Rate

Issuance Authorized by the C.N.V.

Carrying Amount as of 12.31.17(*)

Banco de Galicia y Bs. As. S.A.U.

07.19.16

US$

—

US$

250,000

120 months

(1)

—

(2)(3)

06.23.16

7,128,356

(*) It includes principal and interest.

(1) Amortization shall be fully made upon maturity, on July 19, 2026, unless redeemed, at the issuer’s option, fully at a price equal to 100% of the outstanding principal plus accrued and unpaid interest.

(2) Fixed 8.25% rate p.a. (as from the issuance date to July 19, 2021, inclusively); and margin to be added to the nominal Benchmark Readjustment Rate of 7.156% p.a. until the date of Date Securities.. Such interest shall be payable semiannually on January 19 and July 19 as from 2017.

(3) The net proceeds from this issuance of debt securities was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Debt securities and the Argentine Central Bank regulations.

Company

Date of Placement

Currency

ON Class

Face Value

Term

Maturity Date

Rate

Issuance Authorized by the C.N.V.

Carrying Amount as of 01.01.17(*)

Banco de Galicia y Bs. As. S.A.U.

07.19.16

US$

—

US$

250,000

120 months

(1)

—

(2)(3)

06.23.16

7,490,444

(*) It includes principal and interest.

(1) Amortization shall be fully made upon maturity, on July 19, 2026, unless redeemed, at the issuer’s option, fully at a price equal to 100% of the outstanding principal plus accrued and unpaid interest.

(2) Fixed 8.25% rate p.a. (as from the issuance date to July 19, 2021, inclusively); and margin to be added to the nominal Benchmark Readjustment Rate of 7.156% p.a. to the due date of Debt securities. Such interest shall be payable semiannually on January 19 and July 19 as from 2017.

(3) The net proceeds from this issuance of debt securities was applied to investments in working capital, loans, other loans and other uses envisaged by the provisions of the Law on Debt securities and the Argentine Central Bank regulations.

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Provisions (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Provisions

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
For Administrative, Disciplinary and Criminal Penalties		5,306		7,357		10,134
For Termination Benefits		86,926		109,295		83,322
Others		1,357,091		780,608		615,757
Total		1,449,323		897,260		709,213

Summary of Changes in Provisions

Changes for FY 2017 are disclosed below:

					Decreases
	Balances at													Balances
	Beginning of										Inflation			as of
Item	Year		Increases		Reversals			Uses			effect			12.31.17
Provisions		709,213		554,042		(48,493	)		(148,917	)		(168,585	)		897,260
Total		709,213		554,042		(48,493	)		(148,917	)		(168,585	)		897,260

XML

Other Non-financial Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Other Non-financial Liabilities

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17		01.01.17
Withholdings and Additional Withholdings Payable		2,901,402		2,781,222		3,212,628
Salaries and Social Security Contributions Payable		2,841,885		2,227,181		2,153,525
Withholdings Payable on Salaries		185,625		160,765		205,275
Value-Added Tax		527,563		519,125		492,704
Sundry Creditors		1,601,166		3,558,480		1,267,562
Liabilities for Assets Held for Sale(*)		—		8,662,306		8,662,306
Taxes Payable		1,930,074		1,920,028		1,390,508
Liabilities Arising from Contracts with Customers		1,071,636		1,061,197		834,413
Other Non-financial Liabilities		412,179		252,150		307,036
Total		11,471,530		21,142,454		18,525,957

(*) Liabilities of Compañía Financiera Argentina S.A. and Cobranzas y Servicios S.A. (See Note 23).

Summary of Estimated Use of Liability

The following table shows the estimated use of the liabilities recorded as of this fiscal year-end.

	Terms
Item	Up to 12 Months		Up to 24 Months		Over 24 Months		Total
Liabilities – “Quiero” Customers Loyalty Program		394,901		330,615		192,859		918,375

XML

Gold and Foreign Currency Quotation Differences (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Gold and Foreign Currency Quotation Differences

The account breaks down as follows as of the indicated dates:

Originated by:	12.31.18			12.31.17
Foreign Currency Brokerage		5,989,359			2,942,860
Valuation of Foreign Currency Assets and Liabilities		(2,212,288	)		536,001
Total		3,777,071			3,478,861

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Other Operating Income (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Other Operating Income

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17
Commission on Product Package		2,730,875		2,803,596
Other Adjustments and Interest from Miscellaneous Receivables		1,599,459		456,234
Rental of Safe Deposit Boxes		516,123		512,318
Other Financial Income		168,571		58,113
Other Income from Services		4,081,817		3,176,518
Others		2,475,068		1,989,853
Total		11,571,913		8,996,632

XML

Underwriting Income from Insurance Business (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Underwriting Income from Insurance Business

The account breaks down as follows as of the indicated dates:

	12.31.18			12.31.17
Premiums and Surcharges Accrued		4,687,242			5,260,902
Claims Accrued		(535,888	)		(604,908	)
Surrenders		(5,770	)		(7,564	)
Life and Ordinary Annuities		(8,541	)		(9,182	)
Underwriting and Operating Expenses		(1,285,007	)		(1,299,507	)
Other Income and Expenses		17,283			(24,829	)
Total		2,869,319			3,314,912

XML

Personnel Expenses (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Personnel Expenses

The following are the items included in the account as of the indicated dates:

	12.31.18		12.31.17
Salaries		11,657,815		11,513,774
Social Security Contributions on Salaries		1,715,592		1,840,448
Severance Payments and Personnel Bonuses		2,730,047		2,908,611
Personnel Services		538,941		448,431
Other Short-term Employee Benefits		328,052		377,408
Other Long-term Employee Benefits		55,800		—
Total		17,026,247		17,088,672

XML

Administrative Expenses (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Expenses by Nature and Function

The table below provides the required additional information about expenses by nature and function as of the indicated dates:

	12.31.18		12.31.17
Fees and Compensation for Services		1,216,542		518,772
Directors’ and Syndics’ Fees		174,191		134,483
Advertising and Publicity		1,278,061		1,237,729
Taxes		3,369,396		3,522,967
Maintenance and Repairs		1,415,585		1,035,880
Electricity and Communications		961,421		920,058
Entertainment and Transportation Expenses		102,326		130,526
Stationery and Office Supplies		210,613		201,747
Rentals		826,357		738,382
Administrative Services Hired		1,293,996		1,286,759
Security		558,520		624,814
Insurance		454,476		455,360
Others		4,217,670		3,616,080
Total		16,079,154		14,423,557

XML

Depreciation and Impairment of Assets (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Depreciation and Impairment of Assets

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17
Depreciation of Property, Plant and Equipment		1,115,673		1,040,438
Amortization of Organization and Development Expenses		533,430		394,885
Others		2,872		4,117
Total		1,651,975		1,439,440

XML

Other Operating Expenses (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Other Operating Expenses

The account breaks down as follows as of the indicated dates:

	12.31.18		12.31.17
Turnover Tax		8,647,616		6,976,566
Contributions to the Guarantee Fund		510,843		438,487
Charges for Other Provisions		1,056,171		360,530
Claims		310,406		199,172
Other Financial Income		546,541		319,634
Other Expenses from Services		5,069,626		4,796,835
Others		757,862		1,514,002
Total		16,899,065		14,605,226

XML

Income Tax/Deferred Tax (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Reconciliation of Income Tax Charged to Income

The following is a reconciliation of income tax charged to income as of December 31, 2018, as compared to the previous fiscal year:

	12.31.18			12.31.17
Income for the Year Before Income Tax		(3,027,209	)		(14,483,807	)
Effective Tax Rate		30	%		35	%
Income (Loss) for the Year at the Tax Rate		(908,163	)		(5,069,332	)
Permanent Differences at the Tax Rate
- Income (Loss) from Equity Instruments		207,417			93,519
- Non-taxable Income (Loss)		180,588			94,244
- Donations and Other Non-deductible Expenses		(65,921	)		(82,312	)
- Other		(406,621	)		(302,991	)
- Allowance for Impairment		(1,888	)		211,250
- Fines		—			(63	)
- Inflation effect		(6,410,820	)		(3,303,793	)
- Law 27430 Rate Adjustment		461,207			718,691
Total Income Tax Charge for the Year		(6,944,201	)		(7,640,787	)
	12.31.18			12.31.17
Current Income Tax		(6,921,400	)		(6,971,658	)
Deferred Tax Charge(*)		397,187			(730,095	)
Allowance for Impairment(*)		(1,888	)		211,250
Adjustment to Prior-Year Tax Return		(82,340	)		(151,496	)
Law 27430 Adjustment		(335,760	)		1,212
Total Income Tax Charge for the Year		(6,944,201	)		(7,640,787	)

(*) See Note 20.

Summary of Current Income Tax Liabilities

	12.31.18			12.31.17
Current Income Tax		(6,921,400	)		(6,971,658	)
Tax Advances		3,463,791			3,393,129
Current Income Tax Liabilities		(3,457,609	)		(3,578,529	)

XML

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Schedule of Earnings Per Share

	12.31.18			12.31.17
Net Income for the Year Attributable to owners of the Parent		(3,465,822	)		6,793,588
Weighted Average Common Shares		1,426,765			1,332,617
Income per Share		(2.43	)		5.10

XML

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Operating Segments

The Group operates in one geographic segment, Argentina.

The relevant segment reporting as of the indicated dates is as follows:

	Banks			Regional Credit Cards			Insurance			Other Businesses			Adjustments			Total as of 12.31.18
Net Income from interest		23,616,496			9,178,072			423,260			117,660			27,975			33,363,463
Net fee Income (Expense)		12,476,489			8,930,089			—			(1,493	)		(1,166,922	)		20,238,163
Net Income from Financial Instruments measured at fair value through Profit or Loss		16,047,772			885,187			21,800			397,959			—			17,352,718
Income from Derecognition of Assets Measured at Amortized Cost		221,639			—			—			—			—			221,639
Gold and Foreign Currency Quotation Differences		3,735,237			(50,793	)		4,139			88,488			—			3,777,071
Other Operating Income (Expense)		6,960,582			3,682,154			163,789			615,585			149,803			11,571,913
Underwriting Income from Insurance Business		—			—			1,612,319			—			1,257,000			2,869,319
Loan and other Receivables Loss Provisions		(10,872,910	)		(5,348,897	)		(77,920	)		—			—			(16,299,727	)
Personnel Expenses		(11,544,850	)		(4,791,219	)		(574,795	)		(115,383	)		—			(17,026,247	)
Administrative Expenses		(10,466,492	)		(4,955,287	)		(408,662	)		(279,696	)		30,983			(16,079,154	)
Depreciation and Impairment of Assets		(1,019,284	)		(533,666	)		(91,474	)		(7,551	)		—			(1,651,975	)
Other Operating Expenses		(12,823,603	)		(4,004,676	)		(402	)		(70,384	)		—			(16,899,065	)
Loss on net monetary position		(11,204,647	)		(3,844,676	)		(560,529	)		(2,453,816	)		—			(18,063,668	)
Operating Income		5,126,429			(853,712	)		511,525			(1,708,631	)		298,839			3,374,450
Share of profit from Associates and Joint Ventures		44,146			—			—			(18,065	)		(26,081	)		—
Income before Taxes from Continuing Operations		5,170,575			(853,712	)		511,525			(1,726,696	)		272,758			3,374,450
Income Tax from Continuing Operations		(6,636,632	)		(1,285,983	)		(309,769	)		1,319,858			—			(6,912,526	)
Net Income from Continuing Operations		(1,466,057	)		(2,139,695	)		201,756			(406,838	)		272,758			(3,538,076	)
Income from Discontinued Operations		(225,501	)		—			—			(34,255	)		—			(259,756	)
Income Tax from Discontinued Operations		(30,306	)		—			—			(1,369	)		—			(31,675	)
Net Income (Loss) for the Year		(1,721,864	)		(2,139,695	)		201,756			(442,462	)		272,758			(3,829,507	)
Other Comprehensive Income (Loss)		(78,249	)		—			(10,555	)		(87,485	)		88,804			(87,485	)
Net Income for the Year Attributable to Non-controlling Interests		59			372			—			—			363,254			363,685
Net Income (Loss) for the Year Attributable to owners of the Parent		(1,800,054	)		(2,139,323	)		191,201			(529,947	)		724,816			(3,553,307	)

	Banks			Regional Credit Cards			Insurance			Other Businesses			Adjustments			Total as of 12.31.17
Net Income from interest		19,724,848			9,550,812			427,948			127,966			42,461			29,874,035
Net fee Income (Expense)		12,163,079			10,028,406			—			(2,847	)		(43,012	)		22,145,626
Net Income from Financial Instruments measured at fair value through Profit or Loss		6,725,615			616,589			(16,744	)		1,130,565			5,313			8,461,338
Gold and Foreign Currency Quotation Differences		3,316,161			17,642			1,986			143,072			—			3,478,861
Other Operating Income		5,082,425			4,057,565			72,879			1,372,584			(1,588,821	)		8,996,632
Underwriting Income from Insurance Business		—			—			1,704,918			7,320			1,602,674			3,314,912
Loan and other Receivables Loss Provisions		(3,898,951	)		(3,272,811	)		—			(122,094	)		—			(7,293,856	)
Personnel Expenses		(11,355,757	)		(5,010,769	)		(551,418	)		(170,728	)		—			(17,088,672	)
Administrative Expenses		(9,287,356	)		(4,516,331	)		(450,112	)		(198,830	)		29,072			(14,423,557	)
Depreciation and Impairment of Assets		(917,564	)		(460,394	)		(48,335	)		(13,147	)		—			(1,439,440	)
Other Operating Expenses		(10,506,788	)		(4,019,688	)		(1,614	)		(77,241	)		105			(14,605,226	)
Loss on net monetary position		(2,629,379	)		(2,140,368	)		(346,257	)		(1,707,292	)		—			(6,823,296	)
Operating Income		8,416,333			4,850,653			793,251			489,328			47,792			14,597,357
Share of profit from Associates and Joint Ventures		2,048,332			—			3,318			—			(1,730,468	)		321,182
Income before Taxes from Continuing Operations		10,464,665			4,850,653			796,569			489,328			(1,682,676	)		14,918,539
Income Tax from Continuing Operations		(4,478,396	)		(2,721,222	)		(411,465	)		292,056			—			(7,319,027	)
Net Income from Continuing Operations		5,986,269			2,129,431			385,104			781,384			(1,682,676	)		7,599,512
Income from Discontinued Operations		—			—			—			—			—			—
Income Tax from Discontinued Operations		(321,760	)		—			—			—			—			(321,760	)
Net Income (Loss) for the Year		5,664,509			2,129,431			385,104			781,384			(1,682,676	)		7,277,752
Other Comprehensive Income (Loss)		(454,753	)		—			23,053			(3,032	)		—			(434,732	)
Net Income for the Year Attributable to Non-controlling Interests		—			105			—			5,866			(490,135	)		(484,164	)
Net Income (Loss) for the Year Attributable to owners of the Parent		5,209,756			2,129,536			408,157			784,218			(2,172,811	)		6,358,856

	Banks		Regional Credit Cards		Insurance		Other Businesses			Adjustments			Total as of 12.31.18
ASSETS
Cash and Due from Banks		142,049,436		1,364,452		55,184		93,007			(252,651	)		143,309,428
Debt Securities at fair value through profit or loss		75,911,796		—		83,476		81,501			(141,610	)		75,935,163
Derivative Financial Instruments		1,785,640		—		—		—			—			1,785,640
Repo Transactions		2,068,076		—		—		—			—			2,068,076
Other Financial Assets		4,691,607		3,677,018		234,656		503,650			(58,999	)		9,047,932
Loans and Other Financing		243,232,186		44,050,906		426,159		(1,887,892	)		(3,111,291	)		282,710,068
Other Debt Securities		13,630,604		—		990,929		(65,632	)		(131,767	)		14,424,134
Financial Assets Pledged as Collateral		10,812,499		4,993		—		—			—			10,817,492
Current Income Tax Assets		2,267,500		11,939		82,004		(2,266,525	)		—			94,918
Investments in Equity Instruments		159,602		—		—		1,452			—			161,054
Equity Investments in Associates and Joint Ventures		397,754		—		—		59,395,513			(59,793,267	)		—
Property, Plant and Equipment		9,869,201		1,806,613		294,461		7,392,310			—			19,362,585
Intangible Assets		3,259,794		645,580		89,798		591,975			—			4,587,147
Deferred Income Tax Assets		—		868,671		99,867		4,437			—			972,975
Assets for Insurance Contracts		—		—		982,502		—			—			982,502
Other Non-financial Assets		798,367		283,307		18,669		1,724,421			5			2,824,769
Non-current Assets Held for Sale		404,106		—		—		203,909			—			608,015
TOTAL ASSETS		511,338,168		52,713,479		3,357,705		65,772,126			(63,489,580	)		569,691,898
LIABILITIES
Deposits		361,445,778		—		—		—			(1,348,503	)		360,097,275
Liabilities at Fair Value Through Profit or Loss		2,685,471		—		—		—			(540,807	)		2,144,664
Derivative Financial Instruments		1,835,789		—		—		—			—			1,835,789
Repo Transactions		1,948,559		—		—		—			—			1,948,559
Other Financial Liabilities		40,976,456		23,419,918		—		36,311			(1,197,643	)		63,235,042
Loans from the Argentine Central Bank and Other Financial Institutions		17,490,792		1,955,180		56		—			—			19,446,028
Debt Securities Issued		15,527,765		14,979,260		—		—			(523,372	)		29,983,653
Current Income Tax Liabilities		5,442,791		38,137		203,147		(2,226,466	)		—			3,457,609
Subordinated Debt Securities		9,767,874		—		—		—			—			9,767,874
Provisions		1,248,998		64,997		78,328		57,000			—			1,449,323
Deferred Income Tax Liabilities		289,493		—		106,709		1,507,444			—			1,903,646
Liabilities for Insurance Contracts		—		—		1,146,515		—			(43,295	)		1,103,220
Other Non-financial Liabilities		8,709,240		2,122,183		420,273		246,661			(26,827	)		11,471,530
TOTAL LIABILITIES		467,369,006		42,579,675		1,955,028		(379,050	)		(3,680,447	)		507,844,212

	Banks		Regional Credit Cards		Insurance		Other Businesses			Adjustments			Total as of 12.31.17
ASSETS
Cash and Due from Banks		86,314,938		801,270		34,593		91,521			(197,441	)		87,044,881
Debt Securities at fair value through profit or loss		39,232,822		370,046		1,060,464		2,349,286			(264,821	)		42,747,797
Derivative Financial Instruments		775,674		—		—		17,183			(17,183	)		775,674
Repo Transactions		14,286,336		—		—		—			—			14,286,336
Other Financial Assets		6,035,372		3,202,795		278,548		1,107,730			(285,189	)		10,339,256
Loans and Other Financing		237,690,649		47,421,104		20,631		19,375			(797,000	)		284,354,759
Other Debt Securities		3,306,706		—		688,814		263,322			(76,305	)		4,182,537
Financial Assets Pledged as Collateral		9,339,920		6,868		—		—			—			9,346,788
Current Income Tax Assets		1,856,223		30,227		126,227		(1,873,897	)		(4,040	)		134,740
Investments in Equity Instruments		111,923		—		—		—			—			111,923
Equity Investments in Associates and Joint Ventures		10,340,901		—		—		63,094,393			(73,435,294	)		—
Property, Plant and Equipment		16,203,040		1,724,338		271,373		10,264			—			18,209,015
Intangible Assets		1,098,519		532,156		94,136		103			—			1,724,914
Deferred Income Tax Assets		—		705,405		52,556		4,609			—			762,570
Assets for Insurance Contracts		—		—		1,021,703		—			—			1,021,703
Other Non-financial Assets		3,097,128		286,272		5,308		355,961			(6,539	)		3,738,130
Non-current Assets Held for Sale		8,506,288		—		—		2,353,803			—			10,860,091
TOTAL ASSETS		438,196,439		55,080,481		3,654,353		67,793,653			(75,083,812	)		489,641,114
LIABILITIES
Deposits		296,596,968		—		—		—			(229,612	)		296,367,356
Derivative Financial Instruments		863,514		—		—		—			(17,183	)		846,331
Repo Transactions		1,670,059		—		—		—			—			1,670,059
Other Financial Liabilities		31,345,885		24,409,668		—		291,371			(696,125	)		55,350,799
Loans from the Argentine Central Bank and Other Financial Institutions		11,410,915		490,169		—		(282,083	)		(699	)		11,618,302
Debt Securities		6,627,223		13,999,030		5,111		(11,074	)		(341,125	)		20,279,165
Current Income Tax Liabilities		3,862,407		1,028,814		237,944		(1,550,636	)		—			3,578,529
Subordinated Debt Securities		7,128,356		—		—		—			—			7,128,356
Provisions		665,288		71,258		82,382		78,332			—			897,260
Deferred Income Tax Liabilities		1,941,104		—		61,587		85,849			—			2,088,540
Liabilities for Insurance Contracts		—		—		1,195,647		34,704			(34,704	)		1,195,647
Other Non-financial Liabilities		15,177,593		2,230,117		402,746		2,642,765			689,233			21,142,454
TOTAL LIABILITIES		377,289,312		42,229,056		1,985,417		1,289,228			(630,215	)		422,162,798

	Banks		Regional Credit Cards		Insurance		Other Businesses		Adjustments			Total as of 01.01.17
ASSETS
Cash and Due from Banks		120,510,951		855,572		117,750		165,275		(465,569	)		121,183,979
Debt Securities at fair value through profit or loss		27,893,048		137,324		1,912,151		275,098		(1,399,877	)		28,817,744
Derivative Financial Instruments		229,436		—		—		—		—			229,436
Other Financial Assets		3,118,715		3,919,010		231,213		613,070		(1,162,427	)		6,719,581
Loans and Other Financing		195,873,323		48,933,879		47,379		2,436,269		(1,587,429	)		245,703,421
Other Debt Securities		1,860,045		—		381,793		942,014		—			3,183,852
Financial Assets Pledged as Collateral		9,870,728		224,692		—		173		—			10,095,593
Current Income Tax Assets		3,967		27,474		182,291		21,199		—			234,931
Investments in Equity Instruments		125,962		—		—		61,173		—			187,135
Equity Investments in Associates and Joint Ventures		9,614,493		—		27,115		2,325,267		(11,680,073	)		286,802
Property, Plant and Equipment		14,289,988		1,716,579		289,207		52,586		—			16,348,360
Intangible Assets		1,109,456		485,282		63,345		2,710		—			1,660,793
Deferred Income Tax Assets		—		942,720		64,865		27,675		—			1,035,260
Assets for Insurance Contracts		—		—		960,393		28,330		—			988,723
Other Non-financial Assets		2,369,045		169,999		19,509		375,930		85,185			3,019,668
Non-current Assets Held for Sale		10,593,323		—		—		67,191		258,602			10,919,116
TOTAL ASSETS		397,462,480		57,412,531		4,297,011		7,393,960		(15,951,588	)		450,614,394
LIABILITIES
Deposits		277,560,473		—		—		—		(482,911	)		277,077,562
Derivative Financial Instruments		264,172		217,832		—		9,297		(200,917	)		290,384
Repo Transactions		3,030,473		—		—		—		—			3,030,473
Other Financial Liabilities		31,465,537		25,149,569		—		1,354,339		(874,669	)		57,094,776
Loans from the Argentine Central Bank and Other Financial Institutions		8,647,524		3,991,530		12,948		420,188		(355,045	)		12,717,145
Debt Securities		8,731,727		13,536,489		—		955,820		(1,375,576	)		21,848,460
Current Income Tax Liabilities		1,824,390		750,927		443,077		140,949		—			3,159,343
Subordinated Debt Securities		7,490,444		—		—		—		—			7,490,444
Provisions		467,831		89,496		54,048		97,838		—			709,213
Deferred Income Tax Liabilities		1,667,167		—		51,870		124,560		—			1,843,597
Liabilities for Insurance Contracts		—		—		1,229,435		—		(75,273	)		1,154,162
Other Non-financial Liabilities		15,379,938		2,299,474		522,863		547,281		(223,599	)		18,525,957
TOTAL LIABILITIES		356,529,676		46,035,317		2,314,241		3,650,272		(3,587,990	)		404,941,516

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Capital Management and Risk Policies (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Regulatory Capital

Computable Regulatory Capital (R.P.C., as per the initials in Spanish) is made up of Core Capital and Supplementary Capital. Banco Galicia’s balance for such items as of December 31, 2018 and December 31, 2017 is as follows:

	12.31.18			12.31.17
Core Capital		36,584,326			22,581,424
Tier 1 Common Capital		41,863,969			26,244,839
(Deductible Items)		(5,279,643	)		(3,663,415	)
Additional Tier 1 Capital
Supplementary Capital		12,745,132			6,947,945
Tier 2 Capital		12,745,132			6,947,945
(Deductible Items)
Computable Regulatory Capital (R.P.C.)		49,329,458			29,529,369

Summary of Breakdown of Minimum Capital Requirement

The breakdown of the minimum capital requirement determined for the Group is shown below:

	12.31.18		12.31.17
Credit Risk		22,170,572		17,263,077
Market Risk		969,226		1,126,159
Operational Risk		4,023,443		4,220,503
Minimum Capital Requirement		27,163,241		22,609,739
Paid-in		49,329,458		29,529,369
Excess		22,166,217		6,919,630

Summary of Estimated Risk for Each Type of Instrument

For the fiscal year 2018, the following limits were established, within which the estimated risk for each type of instrument described above should be classified:

Risk	Policy on Limits
Currency	$	78 million
Fixed-Income	$	61 million
Interest Rate Derivatives	$	110 million
Variable Income	$	1 million

Summary of Exposure to Foreign Exchange Risk as of Year End by Type of Currency

The Group’s exposure to the foreign exchange risk as of year-end by type of currency is shown below:

Currency	Balances as of 12.31.18
Currency	Monetary Financial Assets			Monetary Financial Liabilities			Derivatives			Net Position
U.S. Dollar		196,546			(199,229	)		101			(2,582	)
Euro		(557	)		1,998			—			1,441
Canadian Dollar		(9	)		42			—			33
Real		—			—			—			—
Swiss Franc		(13	)		21			—			8
Others		(2	)		49			—			47
Total		195,965			(197,119	)		101			(1,053	)
Currency	Balances as of 12.31.17
Currency	Monetary Financial Assets			Monetary Financial Liabilities			Derivatives			Net Position
U.S. Dollar		126,277			(120,163	)		(4,155	)		1,959
Euro		793			(208	)		—			585
Canadian Dollar		30			(6	)		—			24
Real		18			—			—			18
Swiss Franc		16			(9	)		—			7
Others		32			(1	)		—			31
Total		127,166			(120,387	)		(4,155	)		2,624

Currency	Change			Balances as of 12.31.18						Balances as of 12.31.17
Currency	Change			Income (Loss)			Shareholders’ Equity			Income (Loss)			Shareholders’ Equity
U.S. Dollar		10	%		(258	)		(2,848	)		196			2,154
		-10	%		258			(2,323	)		(196	)		1,763
Euro		10	%		143			1,575			59			644
		-10	%		(143	)		1,289			(59	)		527
Canadian Dollar		10	%		3			366			3			27
		-10	%		(3	)		30			(3	)		21
Real		10	%		—			—			1			21
		-10	%		—			—			(1	)		16
Swiss Franc		10	%		1			9			—			7
		-10	%		(1	)		7			—			6
Others		10	%		5			53			3			35
		-10	%		(5	)		43			(3	)		30

Schedule of Residual Value of Assets and Liabilities, Classified by Interest Renegotiation Date or Maturity Date

The Group’s exposure to the interest rate risk is detailed below. This table shows the residual value of assets and liabilities, classified by the sooner of the interest renegotiation date or the maturity date.

	Term (in Days)												Total
Assets and Liabilities at Variable Rate	Up to 30 days			30 to 90		90 to 180		180 to 365		Over 365			Total
As of 12.31.18
Total Financial Assets		205,717,873			31,633,572		33,104,131		43,318,473		168,405,494			482,179,543
Total Financial Liabilities		317,505,256			27,996,087		7,287,605		4,351,288		90,658,702			447,798,938
Net Amount		(111,787,383	)		3,637,485		25,816,526		38,967,185		77,746,792			34,380,605
As of 12.31.17
Total Financial Assets		229,078,934			48,709,932		38,560,371		41,915,133		22,166,248			380,430,618
Total Financial Liabilities		247,229,636			30,430,892		8,610,522		7,702,696		69,461,219			363,434,965
Net Amount		(18,150,702	)		18,279,040		29,949,849		34,212,437		(47,294,971	)		16,995,653

Schedule of Sensitivity to Potential Additional Changes in Interest Rates

The table below shows the sensitivity to potential additional changes in interest rates in the next fiscal year, taking into account the breakdown as of December 31, 2018. The percentage change budgeted by the Group for fiscal year 2018 was determined considering 100 bps and changes are considered reasonably possible on the basis on an observation of market conditions.

	Additional Changes to the Interest Rate		Increase/(Decrease) in Income before Income Tax in Pesos			Increase/(Decrease) in Shareholders’ Equity in Pesos
Decrease in Interest Rate		-100 bps		(144,653	)		-0.4	%
Increase in Interest Rate		+100 bps		144,653			0.4	%

Schedule of Analysis of Maturities of Assets and Liabilities

The table below shows an analysis of maturities of assets and liabilities, determined on the basis of the remaining period as of December 31, 2018 and December 31, 2017, based on undiscounted cash flows:

	Less than 1 Month		1 to 6 Months		6 to 12 Months		12 Months to 5 Years		More than 5 Years		Total as of 12.31.18
Assets
Debt Securities measured at Fair Value through Profit or Loss		76,849,406		249,268		373,823		1,035,345		157,067		78,664,909
Derivative Financial Instruments		1,785,640		—		—		—		—		1,785,640
Repo Transactions		2,112,250		—		—		—		—		2,112,250
Other Financial Assets		9,056,190		—		—		—		—		9,056,190
Loans and Other Financing		93,109,786		102,383,777		55,974,479		65,838,369		9,507,527		326,813,938
Other Debt Securities		14,491,625		—		—		—		—		14,491,625
Financial Assets Pledged as Collateral		10,817,492		—		—		—		—		10,817,492
Investments in Equity Instruments		161,064		—		—		—		—		161,064
Liabilities
Deposits		334,200,194		29,585,189		3,188,378		76,741		36		367,050,538
Liabilities at fair value through profit or loss		2,144,664		—		—		—		—		2,144,664
Derivative Financial Instruments		1,835,789		—		—		—		—		1,835,789
Repo Transactions		1,948,559		—		—		—		—		1,948,559
Other Financial Liabilities		63,065,272		27,072		33,365		146,180		7,145		63,279,034
Loans from the Argentine Central Bank and Other Financial Institutions		7,013,910		8,149,083		3,181,270		7,455,499		72,524		25,872,286
Debt Securities		1,301,031		7,657,224		13,262,785		26,226,582		1,260,277		49,707,899
Subordinated Debt Securities		384,557		—		384,557		3,378,758		11,422,006		15,569,878
	Less than 1 Month		1 to 6 Months		6 to 12 Months		12 Months to 5 Years		More than 5 Years		Total as of 12.31.17
Assets
Debt Securities measured at Fair Value through Profit or Loss		40,822,900		316,471		156,817		1,423,261		197,466		42,916,915
Derivative Financial Instruments		775,674		—		—		—		—		775,674
Repo Transactions		14,286,336		—		—		—		—		14,286,336
Other Financial Assets		10,214,745		—		—		—		—		10,214,745
Loans and Other Financing		94,765,477		100,466,108		50,269,774		66,942,156		8,623,630		321,067,145
Other Debt Securities		3,999,205		—		—		—		—		3,999,205
Financial Assets Pledged as Collateral		9,346,788		—		—		—		—		9,346,788
Liabilities
Deposits		269,207,286		24,546,832		7,021,479		145,716		—		300,921,313
Derivative Financial Instruments		846,331		—		—		—		—		846,331
Repo Transactions		1,670,059		—		—		—		—		1,670,059
Other Financial Liabilities		57,997,972		—		—		—		—		57,997,972
Loans from the Argentine Central Bank and Other Financial Institutions		14,142,054		17,263,524		3,285,039		6,949,390		202,647		41,842,654
Debt Securities		—		2,620,071		1,564,903		22,520,599		—		26,705,573
Subordinated Debt Securities		257,269		7,163,107		—		—		—		7,420,376

Schedule of Credit Quality of Debt Securities

The credit quality of debt securities as of December 31, 2018 is as follows:

	Government Securities
Rating	Government Bonds		Provincial Bonds		Autonomous City of Buenos Aires Bonds		Treasury Bills		Argentine Central Bank’s Bills		Private Securities		Total
AAA		1,473,352		—		—		2,116,944		—		78,658		3,668,954
Aaa		—		—		—		—		—		36,622		36,622
Aaa.ar		—		—		—		—		—		196,475		196,475
AA+		—		—		37,166		—		—		20,875		58,041
AA		—		—		—		—		—		283,224		283,224
AA(arg)		—		—		—		—		—		11,161		11,161
raAA		—		447,942		—		—		—		—		447,942
AA-		—		—		—		—		—		276		276
A+		—		—		—		1,071		—		141,125		142,196
A1.ar		—		—		—		—		—		14,063		14,063
A		—		—		—		70,350		—		3,047		73,397
A(arg)		—		—		—		—		—		29,450		29,450
A-		—		—		—		—		—		41,041		41,041
A3.ar		—		146,997		—		—		—		—		146,997
BBB+		—		—		—		—		—		1,326		1,326
Baa1.ar		—		—		5,073		—		—		9,775		14,848
BBB		11,544		9,110		—		—		—		26,956		47,610
BBB(arg)		—		—		—		—		—		31,173		31,173
BBB-		—		266,229		—		—		—		—		266,229
Baa3.ar		—		113,517		—		—		—		—		113,517
B+		511		—		—		—		—		—		511
B-		—		—		—		—		—		3,098		3,098
CCC(arg)		—		—		—		—		—		209,248		209,248
No Rating		—		—		—		—		70,097,764		—		70,097,764
Total		1,485,407		983,795		42,239		2,188,365		70,097,764		1,137,593		75,935,163

The credit quality of debt securities as of December 31, 2017 is as follows:

	Government Securities
Rating	Government Bonds		Provincial Bonds		Autonomous City of Buenos Aires Bonds		Treasury Bills		Argentine Central Bank’s Bills		Private Securities		Total
AAA		1,252,988		—		—		7,848,448		—		224,986		9,326,422
AAA(arg)		—		—		—		—		—		33,736		33,736
Aaa		—		—		—		—		—		565		565
raAAA		—		—		—		—		—		37,322		37,322
Aaa.ar		—		—		—		—		—		117,712		117,712
AA+		—		—		1,030,605		—		—		122,603		1,153,208
AA		—		—		—		—		—		864,685		864,685
AA(arg)		—		—		—		—		—		54,610		54,610
Aa2.ar		—		—		—		—		—		56,894		56,894
AA-		—		—		35,488		—		—		274,928		310,416
Aa3.ar		—		—		—		—		—		13,338		13,338
A+		—		—		—		—		—		188,641		188,641
A1.ar		—		—		—		—		—		21,456		21,456
A		—		—		—		—		—		24,040		24,040
A(arg)		—		—		—		—		—		104,592		104,592
A2.ar		—		—		—		—		—		3,783		3,783
A-		—		—		—		—		—		55,729		55,729
A3.ar		—		279,262		—		—		—		—		279,262
BBB+		—		—		—		—		—		4,483		4,483
Baa1.ar		—		—		65,677		—		—		216,292		281,969
BBB		—		1,104		—		—		—		—		1,104
raBBB		—		—		—		—		—		1,506		1,506
Baa2.ar		—		24,140		—		—		—		—		24,140
BBB-		—		1,289,436		—		—		—		—		1,289,436
Baa3.ar		—		2,096,012		—		—		—		—		2,096,012
B2.ar		—		—		—		—		—		5,348		5,348
B-		—		—		—		—		—		29,711		29,711
No Rating		—		—		—		—		26,367,677		—		26,367,677
Total		1,252,988		3,689,954		1,131,770		7,848,448		26,367,677		2,456,960		42,747,797

Summary of Retail Portfolios

Retail Portfolio
Lifetime PD band at initial recognition	Extra conditions to be considered stage 2
<6%	-Cure
	-Between 30 and 90 past due days
>6%	-It does not apply to defaulted clients
Retail-like portfolio
Rating Ranges	Extra conditions to be considered stage 2
	-Cure
A, AA, AA+, B, BB, BBB	-Between 30 and 90 past due days
C, CC, CCC	-It does not apply to defaulted clients
Wholesale portfolio
Rating Ranges	Extra conditions to be considered stage 2
A, AA, AA+, B, BB, BBB	- B.C.R.A. situation B1
C, CC, CCC	-It does not apply to defaulted clients

Summary of Key Macroeconomic Variables

Key macroeconomic variables used in the scenarios described below are shown in the table:

Macroeconomic Variable Projections		QI - 2019			QII - 2019			QIII - 2019			QIV - 2019
Monthly Estimator of Economic Activity (EMAE)	Base		-7.7	%		-1.7	%		-1.2	%		1.4	%
	Upside		-6.6	%		0.6	%		2.3	%		6.2	%
	Downside		-8.5	%		-3.3	%		-3.5	%		-1.8	%
Inflation Rate (IPC)	Base		47.3	%		43.8	%		32.4	%		25.0	%
	Upside		43.5	%		38.0	%		26.0	%		20.0	%
	Downside		47.7	%		46.3	%		41.7	%		40.0	%
Exchange Rate	Base		99.2	%		58.5	%		14.3	%		20.0	%
	Upside		96.3	%		54.6	%		9.9	%		15.3	%
	Downside		115.8	%		84.3	%		40.6	%		56.7	%
Unemployment Rate	Base		13.1	%		4.0	%		0.3	%		-4.3	%
	Upside		10.4	%		-0.9	%		-7.6	%		-15.7	%
	Downside		22.9	%		22.5	%		30.0	%		38.6	%
(Badlar)	Base		79.7	%		22.7	%		-16.4	%		-29.2	%
	Upside		71.0	%		9.6	%		-30.7	%		-45.8	%
	Downside		102.7	%		57.0	%		21.2	%		14.6	%
Real Salary	Base		-9.5	%		-7.1	%		1.0	%		2.4	%
	Upside		-8.8	%		-6.5	%		2.6	%		4.3	%
	Downside		-11.2	%		-11.3	%		-5.1	%		-5.2	%
PIB	Base		-7.0	%		-1.5	%		-0.1	%		2.6	%
	Upside		-2.3	%		1.5	%		2.9	%		6.2	%
	Downside		-7.1	%		-3.7	%		-3.5	%		-1.8	%
Current Account	Base		-64.9	%		-87.2	%		-45.0	%		19.1	%
	Upside		-50.7	%		-86.8	%		-64.5	%		44.9	%
	Downside		-54.6	%		-97.8	%		-92.9	%		-77.8	%

Summary of Scenario Probabilities

Scenario Probabilities	Base			Optimistic			Pessimistic
Retail, Retail like and Wholesale		70	%		15	%		15	%
Tarjeta Naranja		70	%		15	%		15	%

Summary of Sensitivity Analysis to Assess Impact of Volatility on Macroeconomic Variables on Expected Credit Losses

Grupo Galicia has also carried out sensitivity analysis to assess the impact of volatility on macroeconomic variables on the result of the expected credit losses.

Scenario 1 (change in the probability of the macroeconomic scenarios)	Base scenario			Sensitivity
Regular scenario		70.0	%		45.0	%
Positive scenario		15.0	%		10.0	%
Negative scenario		15.0	%		45.0	%
GFG ECL		15,782,416			16,547,663
Retail, Retail like and Wholesale ECL		10,475,119			10,596,393
Naranja ECL		5,307,297			5,497,757

Scenario 2 (change in forecast PIB, inflation, nominal exchange rate, unemployment, current account)	Regular scenario			Positive scenario			Negative scenario
Macroeconomic scenario probability		70.0	%		15.0	%		15.0	%
				Sensivity
PIB		1.86	%		4.73	%		-6.75	%
Inflation		35	%		25	%		50	%
Nominal exchange rate		29.87	%		20.00	%		81.82	%
Unemployment		5	%		10	%		20	%
Current account		-11.21	%		-29.25	%		-82	%
GFG ECL					16,515,901
Retail, Retail like and Wholesale ECL					11,193,327
Naranja ECL					5,322,574

Summary of Maximum Exposure to Credit Risk on Assests

The following table contains an analysis of the credit risk exposure of financial instruments for which an ECL allowance is recognized.

	Retail Portfolio
	December 31, 2018								December 31, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month ECL		Lifetime ECL		Lifetime ECL
Days past due
0		80,123,131		10,386,495		—		90,509,626		102,251,974
1-30		2,220,365		1,200,510		—		3,420,875		3,432,010
31-60		—		1,523,320		—		1,523,320		1,137,401
61-90		—		788,871		—		788,871		490,172
Default		—		—		3,381,057		3,381,057		2,606,255
Gross Carrying amount		82,343,496		13,899,196		3,381,057		99,623,749		109,917,812
Loss allowance		2,600,458		2,317,516		2,559,514		7,477,488		3,686,934
Carrying amount		79,743,038		11,581,680		821,543		92,146,261		106,230,878
	Retail like Portfolio
	December 31, 2018								December 31, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month ECL		Lifetime ECL		Lifetime ECL
Days past due
0		29,273,332		3,102,719		—		32,376,051		30,599,160
1-30		866,912		457,755		—		1,324,667		711,005
31-60		—		336,258		—		336,258		136,622
61-90		—		261,908		—		261,908		97,848
Default		—		—		1,797,686		1,797,686		802,398
Gross Carrying amount		30,140,244		4,158,640		1,797,686		36,096,570		32,347,033
Loss allowance		266,947		280,127		1,179,706		1,726,780		965,360
Net Carrying amount		29,873,297		3,878,513		617,980		34,369,790		31,381,673

	Wholesale Portfolio
	December 31, 2018										December 31, 2017
	ECL Staging
	Stage 1			Stage 2		Stage 3		Total			Total
	12-month ECL			Lifetime ECL		Lifetime ECL
Days past due
A		135,513,044			6,048,342		5,413		141,566,799			130,441,016
B1		(2,237,665	)		38,908		—		(2,198,757	)		77,335
Default		—			—		2,515,489		2,515,489			808,091
Gross Carrying amount		133,275,379			6,087,250		2,520,902		141,883,531			131,326,442
Loss allowance		525,757			77,364		667,730		1,270,851			750,612
Net Carrying amount		132,749,622			6,009,886		1,853,172		140,612,680			130,575,830
	Naranja
	December 31, 2018										December 31, 2017
	ECL Staging
	Stage 1			Stage 2		Stage 3		Total			Total
	12-month ECL			Lifetime ECL		Lifetime ECL
Days past due
0		36,512,083			3,023,795		—		39,535,878			43,394,982
1-30		2,571,877			946,869		—		3,518,746			3,389,912
31-60		—			1,701,948		—		1,701,948			1,128,408
61-90		—			939,523		—		939,523			526,990
Default		—			—		3,787,030		3,787,030			2,934,995
Gross Carrying amount		39,083,960			6,612,135		3,787,030		49,483,125			51,375,287
Loss allowance		1,376,585			1,842,615		2,088,097		5,307,297			3,877,715
Net Carrying amount		37,707,375			4,769,520		1,698,933		44,175,828			47,497,572

	Retail Portfolio
	December 31, 2017								January 01, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month		Lifetime		Lifetime
Days past due
0		90,744,245		11,507,729		—		102,251,974		77,585,443
1-30		2,266,370		1,165,640		—		3,432,010		4,686,395
31-60		—		1,137,401		—		1,137,401		1,109,964
61-90		—		490,172		—		490,172		511,715
Default		—		—		2,606,255		2,606,255		2,209,277
Gross Carrying amount		93,010,615		14,300,942		2,606,255		109,917,812		86,102,794
Loss allowance		1,093,601		917,070		1,676,263		3,686,934		3,448,164
Net Carrying amount		91,917,014		13,383,872		929,992		106,230,878		82,654,630
	Retail like Portfolio
	December 31, 2017								January 01, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month		Lifetime		Lifetime
Days past due
0		27,628,736		2,970,424		—		30,599,160		24,473,623
1-30		393,902		317,103		—		711,005		450,049
31-60		—		136,622		—		136,622		485,422
61-90		—		97,848		—		97,848		73,407
Default		—		—		802,398		802,398		472,030
Gross Carrying amount		28,022,638		3,521,997		802,398		32,347,033		25,954,531
Loss allowance		221,758		127,030		616,572		965,360		619,208
Net Carrying amount		27,800,880		3,394,967		185,826		31,381,673		25,335,323

	Wholesale Portfolio
	December 31, 2017								January 01, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month		Lifetime		Lifetime
Days past due
A		122,301,109		8,138,330		1,577		130,441,016		99,417,742
B1		—		77,335		—		77,335		319,115
Default		—		—		808,091		808,091		339,002
Gross Carrying amount		122,301,109		8,215,665		809,668		131,326,442		100,075,859
Loss allowance		211,775		45,209		493,628		750,612		496,885
Net Carrying amount		122,089,334		8,170,456		316,040		130,575,830		99,578,974
	Naranja
	December 31, 2017								January 01, 2017
	ECL Staging
	Stage 1		Stage 2		Stage 3		Total		Total
	12-month		Lifetime		Lifetime
Days past due
0		39,229,241		4,165,741		—		43,394,982		45,435,532
1-30		1,810,650		1,579,262		—		3,389,912		3,075,142
31-60		—		1,128,408		—		1,128,408		1,121,215
61-90		—		526,990		—		526,990		588,117
Default		—		—		2,934,995		2,934,995		3,251,395
Gross Carrying amount		41,039,891		7,400,401		2,934,995		51,375,287		53,471,401
Loss allowance		904,291		1,270,258		1,703,166		3,877,715		4,160,322
Net Carrying amount		40,135,600		6,130,143		1,231,829		47,497,572		49,311,079

Summary of Information On Balance Sheet Items And Their Collateral In Offsets As Well As Loan And Other Credit - Related Commitments

This table provides information on balance sheet items and their collateral in offsets as well as loan and other credit-related commitments.

Assets Subject to Impairment

Item	Carrying Amount		Loss Allowances		Gross Carrying Amount		Collateral´s Fair Value
Overdrafts		14,430,578		443,681		13,986,897		—
Mortagage Loans		11,793,007		253,178		11,539,829		48,761,041
Collateral Loans		997,958		10,255		987,703		4,037,908
Personal Loans		29,144,931		1,122,335		28,022,596		—
Credit Card Loans		113,395,362		9,406,437		103,988,925		—
Financial Leases		2,198,047		26,424		2,171,623		—
Promisory Notes		36,020,263		422,487		35,597,776		—
Pre-financing export loans		69,536,225		1,642,944		67,893,281		—
Others		35,020,864		2,329,069		32,691,795		2,428,566
Public Securities		14,549,740		125,606		14,424,134		55,227,515
Total as of December 31, 2018		327,086,975		15,782,416		311,304,559		110,455,030

Summary of Mortgage Portfolio LTV Distribution

The following table shows information about the mortgage portfolio LTV distribution.

Mortgages Portfolio -LTV  Distribution	Exposure
Lower than 50%		8,283
50 a 60%		2,940
60 a 70%		4,562
70 a 80%		2,084
80 a 90%		349
90 a 100%		878
Higher than 100%		612
Total		19,708

Summary of Changes in Loss Allowance and Explanation of Changes in Gross Carrying Amount Between Beginning and End of Annual Period

The following tables explain the changes in the loss allowance between the beginning and the end of the annual period due to these factors:

Retail Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of December 31, 2017		1,093,601			917,070			1,676,263			—		3,686,934
Inflation effect		(352,907	)		(295,942	)		(540,935	)		—		(1,189,784	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(36,452	)		36,452			—			—		—
Transfer from Stage 1 to Stage 3		(12,985	)		—			12,985			—		—
Transfer from Stage 2 to Stage 1		61,669			(61,669	)		—			—		—
New Financial Assets Originated or Purchased		680,315			1,376,390			1,615,940			—		3,672,645
Changes in PDs/LGDs/EADs		1,229,264			637,622			836,772			—		2,703,658
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		46,707			26,548			(9,776	)		—		63,479
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 a stage 3		—			(40,809	)		40,809			—		—
Transfer from Stage 3 to stage 2		—			28,664			(28,664	)		—		—
Financial assets derecognized during the period		(216,869	)		(611,817	)		(2,081,627	)		—		(2,910,313	)
Write-offs		108,115			305,007			1,037,747			—		1,450,869
Loss Allowance as of December 31, 2018		2,600,458			2,317,516			2,559,514			—		7,477,488
Retail Like Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of December 31, 2017		221,758			127,030			616,572			—		965,360
Inflation effect		(71,562	)		(40,993	)		(198,969	)		—		(311,524	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(3,911	)		3,911			—			—		—
Transfer from Stage 1 to Stage 3		(743	)		—			743			—		—
Transfer from Stage 2 to Stage 1		9,575			(9,575	)		—			—		—
New Financial Assets Originated or Purchased		181,218			195,991			868,022			—		1,245,231
Changes in PDs/LGDs/EADs		17,285			38,295			166,277			—		221,857
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		17,044			16,267			88,193			—		121,504
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(2,935	)		2,935			—		—
Transfer from Stage 3 to Stage 2		—			3,145			(3,145	)		—		—
Financial assets derecognized during the period		(206,825	)		(101,718	)		(719,723	)		—		(1,028,266	)
Write-offs		103,108			50,709			358,801			—		512,618
Loss Allowance as of December 31, 2018		266,947			280,127			1,179,706			—		1,726,780

Wholesale Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of December 31, 2017		211,775			45,209			493,628			—		750,612
Inflation effect		(68,341	)		(14,588	)		(159,293	)		—		(242,222	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(1,872	)		1,872			—			—		—
Transfer from Stage 1 to Stage 3		(179	)		—			179			—		—
Transfer from Stage 2 to Stage 1		2,797			(2,797	)		—			—		—
New Financial Assets Originated or Purchased		398,510			43,148			—			—		441,658
Changes in PDs/LGDs/EADs		69,078			20,034			76,416			—		165,528
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		(6,823	)		9,991			250,650			—		253,818
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(6,150	)		6,150			—		—
Transfer from Stage 3 to Stage 2		—			—			—			—		—
Financial assets derecognized during the period		(157,912	)		(38,596	)		—			—		(196,508	)
Write-offs		78,724			19,241			—			—		97,965
Loss Allowance as of December 31, 2018		525,757			77,364			667,730			—		1,270,851
Naranja	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of December 31, 2017		904,291			1,270,258			1,703,166			—		3,877,715
Inflation effect		(291,817	)		(409,915	)		(549,616	)				(1,251,348	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(111,156	)		111,156			—			—		—
Transfer from Stage 1 to Stage 3		(40,296	)		—			40,296			—		—
Transfer from Stage 2 to Stage 1		215,544			(215,544	)		—			—		—
New Financial Assets Originated or Purchased		514,603			735,092			518,621			—		1,768,316
Changes in PDs/LGDs/EADs		328,246			1,003,381			1,122,398			—		2,454,025
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		(128,575	)		(210,087	)		—			—		(338,662	)
Other movements with no P&L impact													—
Transfers:
Transfer from Stage 2 to Stage 3		—			(280,363	)		280,363			—		—
Transfer from Stage 3 to Stage 2		—			10,906			(10,906	)		—		—
Transfer from Stage 3 to Stage 1		9,664			—			(9,664	)		—		—
Financial assets derecognized during the period		(53,058	)		(382,131	)		(2,232,778	)		—		(2,667,967	)
Write-offs		29,139			209,862			1,226,217			—		1,465,218
Loss Allowance as of December 31, 2018		1,376,585			1,842,615			2,088,097			—		5,307,297
Retail Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of January 1, 2017		1,275,440			696,665			1,476,059			—		3,448,164
Inflation effect		(253,416	)		(138,420	)		(293,277	)				(685,113	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(37,260	)		37,260			—			—		—
Transfer from Stage 1 to Stage 3		(12,603	)		—			12,603			—		—
Transfer from Stage 2 to Stage 1		136,516			(136,516	)		—			—		—
New Financial Assets Originated or Purchased		307,212			619,118			970,014			—		1,896,344
Changes in PDs/LGDs/EADs		(110,722	)		90,105			592,974			—		572,357
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		10,539			1,326			(11,577	)		—		288
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(33,992	)		33,992			—		—
Transfer from Stage 3 to Stage 2		—			29,170			(29,170	)		—		—
Financial assets derecognized during the period		(362,292	)		(403,954	)		(1,754,093	)		—		(2,520,339	)
Write-offs		140,187			156,308			678,738			—		975,233
Loss Allowance as of December 31, 2017		1,093,601			917,070			1,676,263			—		3,686,934

Retail Like Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of January 1, 2017		57,285			189,219			372,704			—		619,208
Inflation effect		(11,381	)		(37,596	)		(74,053	)				(123,030	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(4,026	)		4,026			—			—		—
Transfer from Stage 1 to Stage 3		(371	)		—			371			—		—
Transfer from Stage 2 to Stage 1		43,613			(43,613	)		—			—		—
New Financial Assets Originated or Purchased		181,012			82,364			401,713			—		665,089
Changes in PDs/LGDs/EADs		(34,518	)		2,759			103,879			—		72,120
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		912			11,434			44,207			—		56,553
Other movements with no P&L impact
Transfers:													—
Transfer from Stage 2 to Stage 3		—			(6,279	)		6,279			—		—
Transfer from Stage 3 to Stage 2		—			6,665			(6,665	)		—		—
Financial assets derecognized during the period		(17,564	)		(133,673	)		(378,210	)		—		(529,447	)
Write-offs		6,796			51,724			146,347			—		204,867
Loss Allowance as of December 31, 2017		221,758			127,030			616,572			—		965,360
Wholesale Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of January 1, 2017		166,413			106,888			223,584			—		496,885
Inflation effect		(33,066	)		(21,237	)		(44,424	)				(98,727	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(2,693	)		2,693			—			—		—
Transfer from Stage 1 to Stage 3		(61	)		—			61			—		—
Transfer from Stage 2 to Stage 1		2,228			(2,228	)		—			—		—
New Financial Assets Originated or Purchased		170,640			29,321			—			—		199,961
Changes in PDs/LGDs/EADs		568			20,024			47,276			—		67,868
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		10,972			(10,901	)		257,364			—		257,435
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(9,767	)		9,767			—		—
Transfer from Stage 3 to Stage 2		—			—			—			—		—
Financial assets derecognized during the period		(168,380	)		(113,504	)		—			—		(281,884	)
Write-offs		65,154			43,920			—			—		109,074
Loss Allowance as of December 31, 2017		211,775			45,209			493,628			—		750,612
Naranja	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Loss Allowance as of January 1, 2017		775,611			1,566,226			1,818,485			—		4,160,322
Inflation effect		(154,106	)		(311,192	)		(361,314	)		—		(826,612	)
Movements with P&L Impact
Transfer from Stage 1 to Stage 2		(60,573	)		60,573			—			—		—
Transfer from Stage 1 to Stage 3		(24,779	)		—			24,779			—		—
Transfer from Stage 2 to Stage 1		423,002			(423,002	)		—			—		—
New Financial Assets Originated or Purchased		244,074			445,054			67,264			—		756,392
Changes in PDs/LGDs/EADs		(226,555	)		601,910			921,399			—		1,296,754
Changes to model assumptions and methodologies		—			—			—			—		—
Modification of contractual cash flows of financial assets		—			—			—			—		—
Foreign exchange and other movements		(85,307	)		(164,172	)		—			—		(249,479	)
Other movements with no P&L impact
Transfers:
Transfer from Stage 2 to Stage 3		—			(257,026	)		257,026			—		—
Transfer from Stage 3 to Stage 2		—			1,138			(1,138	)		—		—
Transfer from Stage 3 to Stage 1		36,652			—			(36,652	)		—		—
Financial assets derecognized during the period		(31,508	)		(330,971	)		(1,310,183	)		—		(1,672,662	)
Write-offs		7,780			81,720			323,500			—		413,000
Loss Allowance as of December 31, 2017		904,291			1,270,258			1,703,166			—		3,877,715

The following table further explains changes in the gross carrying amount of specific segment portfolio to help explain their significance to the changes in the loss allowance:

Retail like Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of December 31, 2017		28,022,638			3,521,997			802,398			—		32,347,033
Transfers:
Transfers from Stage 1 to Stage 2		(566,583	)		566,583			—			—		—
Transfers from Stage 1 to Stage 3		(106,715	)		—			106,715			—		—
Transfers from Stage 2 to Stage 3		—			(61,468	)		61,468			—		—
Transfers from Stage 3 to Stage 2		355,843			(355,843	)		—			—		—
Transfers from Stage 2 to Stage 1		—			3,276			(3,276	)		—		—
Financial assets derecognized during the period other than writte-offs		(6,202,481	)		(1,062,828	)		(358,539	)		—		(7,623,848	)
New financial assets originated or purchased		17,476,427			2,679,052			1,321,045			—		21,476,524
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		204,089			4,429			126,809			—		335,327
Inflation effect		(9,042,974	)		(1,136,558	)		(258,934	)		—		(10,438,466	)
Gross carrying amount as of December 31, 2018		30,140,244			4,158,640			1,797,686			—		36,096,570
Retail Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of December 31, 2017		93,010,615			14,300,942			2,606,255			—		109,917,812
Transfers:
Transfers from Stage 1 to Stage 2		(2,127,658	)		2,127,658			—			—		—
Transfers from Stage 1 to Stage 3		(688,232	)		—			688,232			—		—
Transfers from Stage 2 to Stage 3		—			(373,079	)		373,079			—		—
Transfers from Stage 3 to Stage 2		2,094,139			(2,094,139	)		—			—		—
Transfers from Stage 2 to Stage 1		—			32,103			(32,103	)		—		—
Financial assets derecognized during the period other than writte-offs		(5,384,216	)		(1,611,202	)		(1,108,128	)		—		(8,103,546	)
New financial assets originated or purchased		24,098,264			6,011,249			1,474,390			—		31,583,903
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		1,355,335			120,613			220,377			—		1,696,325
Inflation Effect		(30,014,751	)		(4,614,949	)		(841,045	)		—		(35,470,745	)
Gross carrying amount as of December 31, 2018		82,343,496			13,899,196			3,381,057			—		99,623,749
Wholesale Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of December 31, 2017		122,301,109			8,215,665			809,668			—		131,326,442
Transfers:
Transfers from Stage 1 to Stage 2		(555,567	)		555,567			—			—		—
Transfers from Stage 1 to Stage 3		(9,894	)		—			9,894			—		—
Transfers from Stage 2 to Stage 3		—			—			—			—		—
Transfers from Stage 3 to Stage 2		469,663			(469,663	)		—			—		—
Transfers from Stage 2 to Stage 1		—			—			—			—		—
Financial assets derecognized during the period other than writte-offs		(36,157,200	)		(3,276,411	)		1,525,251			—		(37,908,360	)
New financial assets originated or purchased		80,611,231			4,520,606			49,053			—		85,180,890
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		5,423,721			(807,299	)		388,318			—		5,004,740
Inflation Effect		(38,807,684	)		(2,651,215	)		(261,282	)		—		(41,720,181	)
Gross carrying amount as of December 31, 2018		133,275,379			6,087,250			2,520,902			—		141,883,531

Naranja	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of December 31, 2017		41,039,891			7,400,401			2,934,995			—		51,375,287
Transfers:
Transfers from Stage 1 to Stage 2		(3,933,644	)		3,933,644			—			—		—
Transfers from Stage 1 to Stage 3		(1,398,286	)		—			1,398,286			—		—
Transfers from Stage 2 to Stage 3		—			(1,288,696	)		1,288,696			—		—
Transfers from Stage 3 to Stage 2		—			21,883			(21,883	)		—		—
Transfers from Stage 2 to Stage 1		1,127,915			(1,127,915	)		—			—		—
Transfers from Stage 3 to Stage 1		18,738			—			(18,738	)		—		—
Financial assets derecognized during the period other than writte-offs		(724,768	)		(727,919	)		(1,810,868	)		—		(3,263,555	)
New financial assets originated or purchased		16,179,401			767,534			1,003,388			—		17,950,323
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		18,384			21,332			(39,716	)		—		—
Inflation Effect		(13,243,671	)		(2,388,129	)		(947,130	)		—		(16,578,930	)
Gross carrying amount as of December 31, 2018		39,083,960			6,612,135			3,787,030			—		49,483,125
Retail like Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of January 1, 2017		24,312,706			1,169,795			472,030			—		25,954,531
Transfers:
Transfers from Stage 1 to Stage 2		(977,594	)		977,594			—			—		—
Transfers from Stage 1 to Stage 3		(98,440	)		—			98,440			—		—
Transfers from Stage 2 to Stage 3		—			(40,969	)		40,969			—		—
Transfers from Stage 3 to Stage 2		—			12,791			(12,791	)		—		—
Transfers from Stage 2 to Stage 1		270,525			(270,525	)		—			—		—
Financial assets derecognized during the period other than writte-offs		(10,394,945	)		(687,029	)		(358,303	)		—		(11,440,277	)
New financial assets originated or purchased		21,198,887			2,931,419			707,794			—		24,838,100
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		(1,457,820	)		(338,653	)		(51,951	)		—		(1,848,424	)
Inflation Effect		(4,830,681	)		(232,426	)		(93,790	)		—		(5,156,897	)
Gross carrying amount as of December 31, 2017		28,022,638			3,521,997			802,398			—		32,347,033
Retail Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of January 1, 2017		73,592,991			10,300,527			2,209,276			—		86,102,794
Transfers:
Transfers from Stage 1 to Stage 2		(2,677,919	)		2,677,919			—			—		—
Transfers from Stage 1 to Stage 3		(788,355	)		—			788,355			—		—
Transfers from Stage 2 to Stage 3		—			(451,953	)		451,953			—		—
Transfers from Stage 3 to Stage 2		—			53,083			(53,083	)		—		—
Transfers from Stage 2 to Stage 1		3,471,756			(3,471,756	)		—			—		—
Financial assets derecognized during the period other than writte-offs		(7,860,281	)		(2,394,705	)		(1,554,807	)		—		(11,809,793	)
New financial assets originated or purchased		37,281,613			9,754,613			1,430,839			—		48,467,065
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		4,612,978			(120,178	)		(227,318	)		—		4,265,482
Inflation Effect		(14,622,168	)		(2,046,608	)		(438,960	)		—		(17,107,736	)
Gross carrying amount as of December 31, 2017		93,010,615			14,300,942			2,606,255			—		109,917,812

Wholesale Portfolio	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of January 1, 2017		98,531,831			989,840			554,188			—		100,075,859
Transfers:
Transfers from Stage 1 to Stage 2		(1,307,936	)		1,307,936			—			—		—
Transfers from Stage 1 to Stage 3		(99,272	)		—			99,272			—		—
Transfers from Stage 2 to Stage 3		—			(55,374	)		55,374			—		—
Transfers from Stage 3 to Stage 2		61,382			(61,382	)		—			—		—
Transfers from Stage 2 to Stage 1		—			—			—			—		—
Financial assets derecognized during the period other than writte-offs		(71,205,950	)		(785,321	)		—			—		(71,991,271	)
New financial assets originated or purchased		116,853,630			7,856,759			225,382			—		124,935,771
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		(955,314	)		(840,121	)		(14,438	)		—		(1,809,873	)
Inflation Effect		(19,577,262	)		(196,672	)		(110,110	)				(19,884,044	)
Gross carrying amount as of December 31, 2017		122,301,109			8,215,665			809,668			—		131,326,442
Naranja	Stage 1			Stage 2			Stage 3
	12-month			Lifetime			Lifetime			Purchased credit- impaired		Total
Gross carrying amount as of January 1, 2017		40,052,780			10,167,226			3,251,395			—		53,471,401
Transfers:
Transfers from Stage 1 to Stage 2		(2,177,809	)		2,177,809			—			—		—
Transfers from Stage 1 to Stage 3		(832,017	)		—			832,017			—		—
Transfers from Stage 2 to Stage 3		—			(1,265,342	)		1,265,342			—		—
Transfers from Stage 3 to Stage 2		—			2,315			(2,315	)		—		—
Transfers from Stage 2 to Stage 1		3,233,170			(3,233,170	)		—			—		—
Transfers from Stage 3 to Stage 1		66,293			—			(66,293	)
Financial assets derecognized during the period other than writte-offs		(720,307	)		(1,045,183	)		(1,754,350	)		—		(3,519,840	)
New financial assets originated or purchased		9,370,544			2,621,787			55,611			—		12,047,942
Modification of contractual cash flows of financial assets		—			—			—			—		—
Changes in interest accrual		—			—			—			—		—
FX and other movements		5,312			(4,919	)		(393	)		—		—
Inflation Effect		(7,958,075	)		(2,020,122	)		(646,019	)		—		(10,624,216	)
Gross carrying amount as of December 31, 2017		41,039,891			7,400,401			2,934,995			—		51,375,287

XML

Contingencies and Commitments (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Provisions for Contingencies

The provisions for contingencies recorded are as follows:

	12.31.18		12.31.17		01.01.17
Other Contingencies		1,329,142		760,379		594,461
For Commercial Lawsuits/Legal Affairs		1,058,636		527,338		455,462
For Labor Lawsuits		96,311		52,095		41,408
For Claims and Credit Cards		1,097		1,620		2,021
For Guarantees Granted		1,142		1,686		2,104
For Other Contingencies		171,956		177,640		93,466
Termination Benefits		86,926		109,295		83,322
Court Deposits Dollarization Difference under Communiqué “A” 4686		27,949		20,229		21,296
Administrative, Disciplinary and Criminal Penalties		5,306		7,357		10,134
Total		1,449,323		897,260		709,213

XML

Offsetting of Financial Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Financial Instruments Subject to Offsetting, Master Netting Agreements and Similar Agreements

The financial instruments subject to offsetting, master netting agreements and similar agreements as of December 31, 2018 are as follows:

								Amounts Subject to Master Netting Agreement Not Offset in the  Financial Statements				Total Net Amount
Financial Instrument	Gross Amount (a)		Gross amounts set off in the balance sheet (b)			Net amounts presented in the balance sheet (c)=(a)-(b)		Financial Instruments (d)		Cash Collaterals Received (e)		(c)-(d)-(e)
Assets
Loans and Other Financing
Credit Card Loans		113,420,510					113,420,510		—		3,042,254		110,378,256
Derivative Financial Instruments		1,792,170		6,530			1,785,640		—		1,223,847		561,793
Total Assets Subject to Offsetting		115,212,680		6,530			115,206,150		—		4,266,101		110,940,049
Liabilities
Derivative Financial Instruments		1,842,319		(6,530	)		1,835,789		—		1,223,847		611,942
Liabilities from Financing of Credit Card Purchases		36,894,587		—			36,894,587		—		3,042,254		33,852,333
Total Liabilities Subject to Offset		38,736,906		(6,530	)		38,730,376		—		4,266,101		34,464,275

XML

Off-balance Sheet Items (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Schedule of Credit Exposure

The credit exposure for these transactions is detailed below.

	12.31.18		12.31.17		01.01.17
Agreed Commitments		14,947,369		17,223,135		16,756,545
Export and Import Documentary Credits		1,080,047		2,005,839		1,198,508
Guarantees Granted		16,292,630		3,493,810		2,090,979
Responsibilities for Foreign Trade Transactions		234,609		674,101		1,080,067

Schedule of Fees and Commissions Related to Credit Exposure

The fees and commissions related to the items mentioned above as of the indicated dates were as follows:

	12.31.18		12.31.17
For Agreed Credits		121,515		89,471
For Export and Import Documentary Credits		68,882		31,459
For Guarantees Granted		82,041		45,058

Schedule of Counter-guarantees, Classified by Type

To grant guarantees to our customers, we may require counter-guarantees, which, classified by type, amount to: 3

	12.31.18		12.31.17		01.01.17
Other Preferred Guarantees Received		6,796,492		67,032		111,747
Other Guarantees Received		296,362		471,506		445,115

Schedule of Credit Risk by Probability of Default

The risk of loss in these offsetting transactions is not significant.

	12.31.18		12.31.17		01.01.17
Checks and Drafts to be Debited		3,448,362		3,110,534		3,710,115
Checks and Drafts to be Credited		4,443,878		4,553,727		4,716,211
Values for Collection		27,625,864		34,014,115		33,736,055

Schedule of Amounts of Trust Funds and Securities Held in Custody

The amounts of trust funds and securities held in custody as of the indicated dates are as follows:

	12.31.18		12.31.17		01.01.17
Trust Funds		5,868,530		13,165,493		15,077,049
Securities Held in Custody		432,046,616		552,773,188		476,985,232

XML

Non-controlling Interest (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Non-controlling Equity Investment Percentages and Votes

The non-controlling equity investment percentages and votes as of the indicated dates are as follows:

Company	Place of Business	12.31.18			12.31.17			01.01.17
Cobranzas Regionales S.A.	Córdoba – Argentina		17.00	%		23.00	%		23.00	%
Galicia Broker Asesores de Seguros S.A.	Autonomous City of Buenos Aires – Argentina		0.01	%		0.01	%		0.01	%
Galicia Retiro Compañía de Seguros S.A.	Autonomous City of Buenos Aires – Argentina		0.00	%		0.00	%		0.00	%
Galicia Seguros S.A.	Autonomous City of Buenos Aires – Argentina		0.00	%		0.00	%		0.00	%
Galicia Valores S.A.	Autonomous City of Buenos Aires – Argentina		—			—			0.09	%
Ondara S.A.	Autonomous City of Buenos Aires – Argentina		16.15	%		21.85	%		21.85	%
Tarjetas del Mar S.A.	Córdoba – Argentina		—			—			41.20	%
Tarjeta Naranja S.A.	Córdoba – Argentina		17.00	%		23.00	%		23.00	%
Tarjetas Regionales S.A.	Autonomous City of Buenos Aires – Argentina		17.00	%		23.00	%		23.00	%

Summary of Movements in Group's Significant Non-Controlling Interests

Changes in the Group’s non-controlling interests as of the indicated dates were as follows:

Company	Balance as of 12.31.17		Purchases / Sales			Cash Dividends			Share of Profit (Loss) for the Year			Balance as of 12.31.18
Cobranzas Regionales S.A.		13,281		—			—			(1,665	)		11,616
Galicia Broker Asesores de Seguros S.A.		2		—			—			—			2
Galicia Retiro Compañía de Seguros S.A.		2		—			—			—			2
Galicia Seguros S.A.		2		—			—			—			2
Ondara S.A.		7,074		—			52			(1,081	)		6,045
Tarjeta Naranja S.A.		2,716,440		(770,472	)		(137,432	)		(318,010	)		1,490,526
Tarjetas Regionales S.A.		216,679		—			40,591			(42,929	)		214,341
Total		2,953,480		(770,472	)		(96,789	)		(363,685	)		1,722,534
Company	Balance as of 01.01.17		Purchases / Sales			Cash Dividends			Share of Profit (Loss) for the Year			Balance as of 12.31.17
Cobranzas Regionales S.A.		13,751		—			—			(470	)		13,281
Galicia Broker Asesores de Seguros S.A.		2		—			—			—			2
Galicia Retiro Compañía de Seguros S.A.		2		—			—			—			2
Galicia Seguros S.A.		2		—			—			—			2
Galicia Valores S.A.		5,688		(5,688	)		—			—			—
Ondara S.A.		6,801		—			—			273			7,074
Tarjetas del Mar S.A.		91,871		(91,871	)		—			—			—
Tarjeta Naranja S.A.		2,371,252		—			(159,604	)		504,792			2,716,440
Tarjetas Regionales S.A.		230,201		—			6,909			(20,431	)		216,679
Total		2,719,570		(97,559	)		(152,695	)		484,164			2,953,480

XML

Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Controlled Entity of Related Party Transactions

The Group is controlled by:

Name	Nature	Principal Line of Business	Place of Business	Equity Investment %
EBA Holding S.A.	55.11% of voting rights	Financial and Investment Operations	Autonomous City of Buenos Aires – Argentina		19.71	%

Compensation of Key Management Personnel

Key personnel’s structure as of the indicated dates is as follows:

	12.31.18		12.31.17
Directors		67		67
General Manager		1		1
Division Managers		11		11
Department Managers		70		66
Total		149		145

Summary of Total Assistance Granted by Group to Key Personnel, Syndics, Majority Shareholders, as well as all Individuals

The following table shows the total credit assistance granted by the Group to key personnel, syndics, majority shareholders, as well as all individuals who are related to them by a family relationship of up to the second degree of consanguinity or first degree by affinity (pursuant to the Argentine Central Bank’s definition of related individual) and any entity affiliated with any of these parties, not required to be consolidated.

	12.31.18		12.31.17
Total Amount of Credit Assistance		956,439		999,909
Number of Recipients (Amounts)		329		364
- Natural Persons		269		299
- Entities / Corps.		60		65
Average Amount of Credit Assistance		2,907		2,748
Maximum Assistance		362,713		288,089

Summary of Amounts of Related Party Transactions

The amounts of related party transactions conducted as of the indicated dates are as follows:

	12.31.18			12.31.17			01.01.17
Assets
Cash and Due from Banks		252,651			197,441			465,569
Debt Securities at Fair Value through Profit or Loss		141,610			264,821			1,399,877
Derivative Financial Instruments		—			17,183			—
Other Financial Assets		58,999			285,189			1,162,427
Loans and Other Financing		3,111,291			797,000			1,587,429
Other Debt Securities		131,767			76,305			—
Other Non-financial Assets		(5	)		6,539			(85,185	)
Total Assets		3,696,313			1,644,478			4,530,117
Liabilities
Deposits		1,348,503			229,612			482,911
Derivative Financial Instruments		—			17,183			200,917
Other Financial Liabilities		1,197,643			696,125			874,669
Loans from the Argentine Central Bank and Other Financial Institutions		—			699			355,045
Debt Securities Issued		523,372			341,125			1,375,576
Liabilities for Insurance Contracts		43,295			34,704			75,273
Other Non-financial Liabilities		26,827			(689,233	)		223,599
Total Liabilities		3,139,640			630,215			3,587,990
				12.31.18			12.31.17
Income (Loss)
Net Income (Loss) from Interest					27,975			42,461
Net Fee Income (Expense)					(1,166,922	)		(43,012	)
Net Income (Loss) from Instruments Measured at Fair Value through					—			5,313
Underwriting Income from Insurance Business					1,257,000			1,602,674
Other Operating Income (Expense)					149,803			(1,588,821	)
Administrative Expenses					(30,983	)		29,072
Other Operating Expenses					—			105
Total Income					236,873			47,792

XML

Additional Information Required by the Argentine Central Bank (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Restricted Assets

As of December 31, 2018, the ability to freely dispose of the following assets is restricted, as follows:

Banco de Galicia y Buenos Aires S.A.U.

a) Cash and Government Securities

	12.31.18		12.31.17		01.01.17
For transactions carried out at RO.F.EX.		379,006		345,717		782,773
For repo transactions haircuts		584,631		185,799		336,918
For debit / credit cards transactions		2,151,565		1,748,680		1,370,107
For attachments		211		326		188
Liquidity required to conduct transactions as agents at the C.N.V.		20,410		25,233		33,752
For the contribution to the M.A.E.’ s Joint Guarantee Fund (Fondo de Garantía Mancomunada)		260,210		20,970		20,016
Collaterals of Inter-American Development Bank’s credit lines		85,067		—		—
Guarantees under the Regional Economies Competitiveness Program (PROCER, as per its initials in Spanish)		165,665		301,965		279,224
For other transactions		11,953		11,524		10,928

b) Special Guarantees Accounts

Special guarantee accounts have been opened at the Argentine Central Bank as collateral for transactions involving electronic clearing houses, checks for settling debts and other similar transactions as of the indicated dates, which amount to:

	12.31.18		12.31.17		01.01.17
Special Guarantees Accounts		5,188,169		5,329,804		4,285,315

c) Deposits in favor of the Argentine Central Bank

	12.31.18		12.31.17		01.01.17
Unavailable deposits related to foreign exchange transactions		533		787		982
For custody and registrar agent of book-entry mortgage securities		—		—		4,164
Custody role of securities representing the investments in ANSES’s Sustainability Guarantee Fund (FGS, as per its initials in Spanish).		—		—		868,336

d) Equity Investments

The account “Equity Investments” includes 1,222,406 non-transferable non-endorsable registered ordinary shares in Electrigal S.A., the transfer of which is subject to approval by the national authorities, according to the terms of the previously executed concession contract.

e) Contributions to Garantizar S.G.R.’s Risk Fund

Banco de Galicia y Buenos Aires S.A.U., in its capacity as sponsoring partner of Garantizar S.G.R.’s Risk Fund, is committed to maintaining the contributions made to the fund for two (2) years.

	12.31.18		12.31.17		01.01.17
Contributions to the Fund		390,000		224,421		184,255

f) Guarantees Granted for Direct Obligations

	12.31.18		12.31.17		01.01.17
PROPARCO’s credit lines		—		58,661		91,486
Credit Program granted to the province of San Juan		—		75,211		60,316
Global Credit Program for the Micro-, Small- and Medium-sized Companies		—		—		11,763
FMO’s credit lines		—		—		33,109

Financial assets were given as collateral as part of these agreements for loans borrowed by Banco Galicia related to first pledges.

Galicia Valores S.A.

	12.31.18		12.31.17		01.01.17
Liquidity required to conduct transactions as agents at the C.N.V.		9,568		6,792		7,232
Share of Mercado de Valores de Buenos Aires		—		—		3,961

Tarjeta Naranja S.A.

	12.31.18		12.31.17		01.01.17
Attachments in connection with lawsuits		1,803		1,688		521
Guarantees related to lease agreements		4,993		6,870		7,593
For transactions carried out at RO.F.EX.		—		—		216,577

Galicia Administradora de Fondos S.A.

	12.31.18		12.31.17		01.01.17
Liquidity required to operate as agent for the management of collective investment products corresponding to mutual funds, as required by the C.N.V.(*)		9,094,885		4,504,899		2,118,935

Tarjetas del Mar S.A.

	12.31.18		12.31.17		01.01.17
Guarantees related to lease agreements(*)		—		—		171

Total restricted assets for the items stated in the subsidiaries mentioned above as of the indicated dates are as follows:

	12.31.18		12.31.17		01.01.17
Total Restricted Assets		18,348,669		12,849,347		10,728,622

Summary of Trust Activities

a) Trust Contracts for Purposes of Guaranteeing Compliance with Obligations:

Purpose: In order to guarantee compliance with contractual obligations, the parties to these agreements have agreed to deliver to Banco de Galicia y Buenos Aires S.A.U., as fiduciary property, amounts to be applied according to the following breakdown:

Date of Contract	Trustor	Balances of Trust Funds		Maturity Date(1)
04.17.12	Exxon Mobil		5,310		04.19.19
04.29.13	Profertil		28		12.31.18
09.12.14	Coop. de Trab. Portuarios		1,033		09.12.20
04.14.16	Rios Belt		198		04.14.19
05.24.17	MSU		130		07.29.20
06.22.17	SACDE		1		06.22.20
06.28.17	Dist. Gas del Centro		258		12.31.18
07.19.17	Dist. Gas Cuyana		568		12.31.18
08.08.17	Dist. Gas del Centro		495		12.31.18
Total			8,021

(1) These amounts shall be released monthly until settlement date of trustor obligations or maturity date, whichever occurs first.

b) Financial Trust Contracts:

Purpose: To administer and exercise the fiduciary ownership of the trust assets until the redemption of debt securities and participation certificates:

Date of Contract	Trust	Balances of Trust Funds		Maturity Date(*)
12.06.06	Gas I		65,484		12.31.18
05.14.09	Gas II		5,545,230		12.31.22
02.10.11	Cag S.A.		421		12.31.18
06.08.11	Mila III		6,367		12.31.18
09.01.11	Mila IV		893		12.31.18
09.14.11	Cag S.A. II		638		12.31.18
02.13.14	Mila V		1,212		05.20.20
06.06.14	Mila VI		831		10.20.20
06.18.14	Red Surcos II		1,354		12.31.18
10.03.14	Mila VII		1,087		01.20.21
01.13.15	Red Surcos III		766		12.31.18
01.27.15	Mila VIII		4,417		06.15.21
05.18.15	Mila IX		4,074		09.15.21
08.24.15	Mila X		4,956		12.20.21
10.30.15	Mila XI		6,073		01.15.22
01.14.16	Mila XII		8,177		11.15.21
02.05.16	Red Surcos IV		900		12.31.18
05.13.16	Mila XIII		15,685		09.15.22
09.01.16	Mila XIV		17,252		01.31.23
10.27.16	Mila XV		23,714		03.31.23
01.10.17	Mila XVI		32,047		06.30.23
02.24.17	Mila XVII		52,113		09.30.23
05.29.17	Fedeicred Agro Series IV		121		12.31.18
06.12.17	Mila XVIII		62,932		01.31.24
06.21.17	Mas Cuotas Series VIII		743		12.31.18
08.16.17	Mas Cuotas Series IX		251		12.31.18
10.20.17	Mas Cuotas Series X		2,233		10.15.18
10.27.17	Mila XIX		450		05.31.24
02.16.18	Mila XX		88		09.30.24
Totals			5,860,509

(*) Estimated date, since maturity date shall occur at the time of the distribution of all of trust assets.

Summary of Balances of the Mutual Funds

The balances of the Mutual Funds as of the indicated dates are detailed as follows:

Mutual Fund	12.31.18		12.31.17		01.01.17
FIMA Acciones		328,125		609,485		217,062
FIMA P.B. Acciones		718,431		1,688,067		562,550
FIMA Renta en pesos		245,333		776,359		440,492
FIMA Ahorro pesos		9,891,974		30,744,494		29,398,557
FIMA Renta Plus		145,308		546,213		455,650
FIMA Premium		29,475,771		14,909,786		13,137,998
FIMA Ahorro Plus		9,967,609		25,452,146		18,784,320
FIMA Capital Plus		205,069		559,840		1,035,146
FIMA Abierto PyMES		312,788		390,089		344,786
FIMA Mix I		6,686		243,453		279,123
FIMA Renta Dólares I (*)		7,373,261		18,284,933		4,137,019
FIMA Renta Dólares II (*)		1,554,263		6,153,642		4,238
FIMA Renta Fija Internacional		193,618		—		—
FIMA Acciones Latinoamericanas Dólares(*)		13,082		—		—
Total		60,431,318		100,358,507		68,796,941

(*) Stated at the reference exchange rate of the U.S. Dollar set by the Argentine Central Bank. See Note 1.7.(b).

Summary of Compliance with Minimum Cash Requirements

As of December 31, 2018, the balances recorded as computable items are as follows:

	Currency								Government Securities
Item	$		US$			Euros(*)			$		US$
Checking Accounts at the Argentine Central Bank		40,110,751		1,783,087	(1)		15	(3)		—		—
Special Guarantees Accounts at the Argentine Central Bank		4,730,689		12,100	(2)		—			—		—
Argentine Treasury Bonds in Pesos at Fixed Rate Due November 2020		8,755,174		—			—			—		—
Liquidity Bills		20,804,813		—			—			—		—
60 EM Subaccount in CRYL (Center of Registration and Settlement) of Government Securities and Debt Instruments Issued by the Argentine Central Bank		—		—			—			1,032,796		364	(4)
Total Computable Items to Meet Minimum Cash Requirements		74,401,427		1,795,187			15			1,032,796		364

(*) Stated in thousands of US$.

(1) Equivalent to $67,415,488.

(2) Equivalent to $457,480.

(3) Equivalent to $580.

(4) Equivalent to $13,876.

Schedule of Shareholders' Equity

Shareholders’ equity under the rules of the Argentine Central Bank comprise the following captions:

	12.31.18
Share Capital		1,426,765
Additional paid in Capital		10,951,132
Adjustments to Shareholders´equity		278,131
Legal reserve		340,979
Distribuitable reserves		25,103,198
Non distributable reserves		2,770,380
Profit for the year		14,427,034
Total Shareholder’s equity under the rules of the Argentine Central Bank		55,297,619

Schedule of Plan for Distribution of Profit

Plan for the distribution of profits under the rules of the Argentine Central Bank comprise the following captions:

Unappropriated Retained Income(1)	42,357,973
To Special Reserve “First-time Application of IFRS”(2)	2,827,741
Subtotal	39,530,232
Distributable Amount	39,530,232
Distributed Income
To Discretionary Reserve	12,427,034
To Cash Dividends	2,000,000
To Common Shares (140.1773% of $1,426,765)	2,000,000
Unappropriated Retained Income(3)	37,530,232

(1) It includes Unappropiated Retained Earnings, plus Discretionary Reserve, less purchase of minority interest.

(2) According to the provisions of Communiqué “A” 6618, such reserve, which includes the amount of income resulting from the first-time application of IFRS, shall be set at the first Shareholders’ Meeting to be held after fiscal year-end.

(3) Relates to the Discretionary Reserve for Future Distributions of Profits.

XML

Accounting Policies and Basis for Preparation - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2018 ARS ($)	Dec. 31, 2017	Jan. 01, 2017
Disclosure of significant accounting policies [line items]
Percentage of main assets from equity investments	94.68%
Percentage of income from share of profit loss	110.29%
Description of economy qualifies as hyper inflationary pursuant	The standard sets forth certain factors that should be considered, including a three-year cumulative inflation rate reaching or exceeding 100%.
Increase in total assets	$ 2,500
Reference exchange rate, U.S. Dollars	37.8083	18.7742	15.8502
"Legal reserve as percentage of net income "	5.00%
Percentage of legal reserves equal to capital stock	20.00%
Net income percentage appropriated to legal reserve	20.00%
Minimum presumed income tax rate	1.00%
Bottom of range [member]
Disclosure of significant accounting policies [line items]
Proportion of voting rights held in associate	20.00%
Top of range [member]
Disclosure of significant accounting policies [line items]
Proportion of voting rights held in associate	50.00%
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of significant accounting policies [line items]
Percentage of investment	100.00%
Tarjetas Regionales S.A. [member]
Disclosure of significant accounting policies [line items]
Percentage of investment	83.00%

XML

Accounting Policies and Basis for Preparation - Summary of Subsidiaries Object to Consolidation at Their Different Levels (Detail) - Argentina, Pesos [member]		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Bancode Galicia y Buenos Aires S.A.U.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct investment	100.00%	100.00%	100.00%
Percentage of interest in direct and indirect investment	100.00%	100.00%	100.00%
Cobranzas Regionales S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Cobranzas Regionales S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct and indirect investment	77.00%	83.00%	77.00%
Galicia administradora de fondos S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Galicia Administradora de Fondos S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct investment	95.00%	95.00%	95.00%
Percentage of interest in direct and indirect investment	100.00%	100.00%	100.00%
Galicia Broker Asesores de Seguros S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Galicia Broker Asesores de eguros S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct and indirect investment	99.90%	99.90%	99.90%
Galicia Retiro Compania de Seguros S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Galicia Retiro Compañía de Seguros S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct and indirect investment	99.90%	99.90%	99.90%
Galicia Seguros S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Galicia Seguros S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct and indirect investment	99.90%	99.90%	99.90%
Galicia Valores S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Galicia Valores S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct investment		1.00%	1.00%
Percentage of interest in direct and indirect investment	100.00%	100.00%	100.00%
Galicia Warrants S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Galicia Warrants S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct investment	87.50%	87.50%	87.50%
Percentage of interest in direct and indirect investment	100.00%	100.00%	100.00%
Financial Trust Galtrust I [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Financial Trust Galtrust I
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct and indirect investment	100.00%		100.00%
Financial Trust Saturno Creditos [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Financial Trust Saturno réditos
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct and indirect investment	100.00%	100.00%	100.00%
Net Investment S.A. (in Liquidation) [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Net Investment S.A. (in Liquidation)
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct investment	87.50%		87.50%
Percentage of interest in direct and indirect investment	100.00%		100.00%
Ondara S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Ondara S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct and indirect investment	78.20%	83.90%	78.20%
Sudamericana Holding S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Sudamericana Holding S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct investment	87.50%	87.50%	87.50%
Percentage of interest in direct and indirect investment	100.00%	100.00%	100.00%
Tarjeta Naranja S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Tarjeta Naranja S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct investment		83.00%
Percentage of interest in direct and indirect investment	77.00%	83.00%	77.00%
Tarjetas del mar S.A.[member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Tarjetas del Mar S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct and indirect investment	60.00%
Tarjetas Regionales S.A. [member]
Disclosure of significant accounting policies [line items]
Name of subsidiary		Tarjetas Regionales S.A.
Name of country		Argentina
Closing Date		Dec. 31, 2018
Percentage of interest in direct investment		83.00%
Percentage of interest in direct and indirect investment	77.00%	83.00%	77.00%

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Accounting Policies and Basis for Preparation - Summary of Main Commissions Earned by the Bank (Detail)	12 Months Ended
	Dec. 31, 2018
Savings accounts [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Commissions Retail	Savings Accounts
Earning Frequency	Monthly
Checking accounts [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Commissions Retail	Checking Accounts
Earning Frequency	Monthly
Credit-card renewal [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Commissions Retail	Credit-card Renewal
Earning Frequency	Annual
Safe deposit boxes [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Commissions Retail	Safe Deposit Boxes
Earning Frequency	Quarterly
Bonds and shares transactions [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Commissions Retail	Bonds and Shares Transactions
Earning Frequency	On each transaction
Account maintenance [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Commissions Retail	Account Maintenance
Earning Frequency	Monthly
Deposits and withdrawals among branches [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Commissions Retail	Deposits and Withdrawals among Branches
Earning Frequency	Monthly
Foreign trade transactions [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Commissions Retail	Foreign Trade Transactions
Earning Frequency	On each transaction

XML

Transition To IFRS - Schedule of reconciliation of financial position (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Assets
Cash and Due from Banks	$ 143,309,428	$ 87,044,881	$ 121,183,979
Loans and Other Financing	282,710,068	284,354,759	245,703,421
Equity Investments in Associates and Joint Ventures			286,802
Property, Plant and Equipment	19,362,585	18,209,015	16,348,360
Intangible Assets	4,587,147	1,724,914	1,660,793
Debt Securities at fair value through profit or loss	75,935,163	42,747,797	28,817,744
Derivative Financial Instruments	1,785,640	775,674	229,436
Repo Transactions	2,068,076	14,286,336
Other Financial Assets	9,047,932	10,339,256	6,719,581
Loans and Other Financing		284,354,759	245,703,421
Other Debt Securities	14,424,134	4,182,537	3,183,852
Financial Assets Pledged as Collateral	10,817,492	9,346,788	10,095,593
Current Income Tax Assets	94,918	134,740	234,931
Investment in Equity Instruments	161,054	111,923	187,135
Deferred Income Tax Assets	972,975	762,570	1,035,260
Assets for Insurance Contracts	982,502	1,021,703	988,723
Other non-financial assets	2,824,769	3,738,130	3,019,668
Non-current Assets Held for Sale	608,015	10,860,091	10,919,116
Total Assets	569,691,898	489,641,114	450,614,394
Liabilities
Deposits	360,097,275	296,367,356	277,077,562
Provisions	1,449,323	897,260	709,213	$ 709,213
Subordinated Debt Securities	9,767,874	7,128,356	7,490,444
Liabilities at fair value through Profit or Loss	2,144,664		0
Derivative Financial Instruments	1,835,789	846,331	290,384
Repo Transactions	1,948,559	1,670,059	3,030,473
Other Financial Liabilities	63,235,042	55,350,799	57,094,776
Loans from the Argentine Central Bank and Other Financial Institutions	19,446,028	11,618,302	12,717,145
Debt Securities	29,983,653	20,279,165	21,848,460
Current Income Tax Liabilities	3,457,609	3,578,529	3,159,343
Deferred Income Tax Liabilities	1,903,646	2,088,540	1,843,597
Liabilities for Insurance Contracts	1,103,220	1,195,647	1,154,162
Other Non-financial Liabilities	11,471,530	21,142,454	18,525,957
Total Liabilities	507,844,212	422,162,798	404,941,516
SHAREHOLDERS' EQUITY
Capital Stock, Adjustments and Reserves		67,478,316	40,973,861
Retained Income	(14,945,645)	(9,596,038)	1,455,826
Other Accumulated Comprehensive Income	1,404	88,889	523,621
Net Income for the Year	(3,465,822)	6,793,588
Shareholders' Equity Attributable to owners of the Parent	60,125,152	64,524,836	42,953,308
Shareholders' Equity Attributable to Non-controlling Interests	1,722,534	2,953,480	2,719,570	2,719,570
Total Shareholders' Equity	$ 61,847,686	67,478,316	45,672,878	45,672,878
Previously stated [member]
Assets
Cash and Due from Banks		83,654,804	112,701,996
Debt Securities		57,243,282	25,244,436
Loans and Other Financing		291,356,673	253,261,822
Other Financial Assets		49,252,567	33,494,417
Receivables from Financial Leases		2,475,481	1,760,275
Equity Investments in Associates and Joint Ventures		42,380	97,589
Miscellaneous Receivables		5,624,770	6,338,591
Property, Plant and Equipment		6,599,018	5,294,669
Miscellaneous Assets		920,957	2,250,193
Intangible Assets		5,281,315	4,757,939
Unallocated Items		105,237	164,052
Other Assets		933,522	993,393
Total Assets		503,490,006	446,359,372
Liabilities
Deposits		300,385,784	279,493,299
Other Liabilities Resulting from Financial Brokerage		120,099,500	106,487,811
Miscellaneous Liabilities		12,654,374	10,694,695
Provisions		1,053,020	708,432
Subordinated Debt Securities		7,128,356	7,490,444
Unallocated Items		82,199	129,955
Non-Controlling Interest		2,857,150	2,694,159
Other Liabilities		1,204,603	1,159,669
Liabilities at fair value through Profit or Loss			0
Total Liabilities		445,464,986	408,858,464
SHAREHOLDERS' EQUITY
Capital Stock, Adjustments and Reserves		45,726,926	26,412,657
Retained Income			11,088,251
Net Income for the Year		12,298,094
Shareholders' Equity Attributable to owners of the Parent		58,025,020	37,500,908
Total Shareholders' Equity		39,300,205	37,500,908	20,352,700
Reclassification upon adoption of IFRS 9 [member]
Assets
Cash and Due from Banks		3,864,824	9,195,966
Debt Securities		(57,243,282)	(25,244,436)
Loans and Other Financing		(291,356,673)	(253,261,822)
Other Financial Assets		(49,252,567)	(33,494,417)
Receivables from Financial Leases		(2,475,481)	(1,760,275)
Equity Investments in Associates and Joint Ventures		(42,380)	(55,935)
Miscellaneous Receivables		(5,624,770)	(6,338,591)
Property, Plant and Equipment		855,941	1,856,493
Miscellaneous Assets		(920,957)	(2,250,193)
Intangible Assets		(3,386,055)	(2,160,844)
Unallocated Items		(105,237)	(164,052)
Other Assets		(933,522)	(993,393)
Debt Securities at fair value through profit or loss		43,131,317	26,885,062
Derivative Financial Instruments		775,674	228,955
Repo Transactions		14,286,336
Other Financial Assets		10,280,118	7,385,466
Loans and Other Financing		294,954,874	255,623,225
Other Debt Securities		3,826,823	3,266,584
Financial Assets Pledged as Collateral		9,442,784	10,459,071
Current Income Tax Assets		435,524	418,206
Investment in Equity Instruments		30,814	56,036
Deferred Income Tax Assets		898,751	1,160,815
Assets for Insurance Contracts		1,021,703	988,723
Other non-financial assets		4,119,159	3,593,168
Non-current Assets Held for Sale		6,998,967	8,733,814
Total Assets		(16,417,315)	4,127,626
Liabilities
Deposits		18,197	5,962
Other Liabilities Resulting from Financial Brokerage		(120,099,500)	(106,487,811)
Miscellaneous Liabilities		(12,654,374)	(10,694,695)
Unallocated Items		(82,199)	(129,955)
Non-Controlling Interest		(2,857,233)	(2,675,170)
Other Liabilities		(1,204,603)	(1,159,669)
Liabilities at fair value through Profit or Loss			0
Derivative Financial Instruments		846,331	440,618
Repo Transactions		1,670,059	3,284,482
Other Financial Liabilities		55,255,531	57,594,377
Loans from the Argentine Central Bank and Other Financial Institutions		12,545,122	13,779,829
Debt Securities		23,680,419	23,976,836
Current Income Tax Liabilities		4,019,433	3,648,743
Deferred Income Tax Liabilities		102,293	24,541
Liabilities for Insurance Contracts		1,208,253	1,157,101
Other Non-financial Liabilities		19,642,178	18,687,269
Total Liabilities		(17,910,093)	1,452,458
SHAREHOLDERS' EQUITY
Capital Stock, Adjustments and Reserves		(1,364,453)
Shareholders' Equity Attributable to owners of the Parent		(1,364,453)
Shareholders' Equity Attributable to Non-controlling Interests		2,857,231	2,675,168
Total Shareholders' Equity		1,492,778	2,675,168
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Assets
Cash and Due from Banks		(474,747)	(713,983)
Equity Investments in Associates and Joint Ventures			245,148
Property, Plant and Equipment		10,754,056	9,197,198
Intangible Assets		(170,346)	(936,302)
Debt Securities at fair value through profit or loss		(383,520)	1,932,682
Derivative Financial Instruments			481
Other Financial Assets		59,138	(665,885)
Loans and Other Financing		(10,600,115)	(9,919,804)
Other Debt Securities		355,714	(82,732)
Financial Assets Pledged as Collateral		(95,996)	(363,478)
Current Income Tax Assets		(300,784)	(183,275)
Investment in Equity Instruments		81,109	131,099
Deferred Income Tax Assets		(136,181)	(125,555)
Other non-financial assets		(381,029)	(573,500)
Non-current Assets Held for Sale		3,861,124	2,185,302
Total Assets		2,568,423	127,396
Liabilities
Deposits		(4,036,625)	(2,421,699)
Provisions		(155,760)	781
Non-Controlling Interest		83	(18,989)
Liabilities at fair value through Profit or Loss			0
Derivative Financial Instruments			(150,234)
Repo Transactions			(254,009)
Other Financial Liabilities		95,268	(499,601)
Loans from the Argentine Central Bank and Other Financial Institutions		(926,820)	(1,062,684)
Debt Securities		(3,401,254)	(2,128,376)
Current Income Tax Liabilities		(440,904)	(489,400)
Deferred Income Tax Liabilities		1,986,247	1,819,056
Liabilities for Insurance Contracts		(12,606)	(2,939)
Other Non-financial Liabilities		1,500,276	(161,312)
Total Liabilities		(5,392,095)	(5,369,406)
SHAREHOLDERS' EQUITY
Capital Stock, Adjustments and Reserves		22,875,924	14,561,204
Retained Income		(9,596,038)	(9,632,425)
Other Accumulated Comprehensive Income		88,889	523,621
Net Income for the Year		(5,504,506)
Shareholders' Equity Attributable to owners of the Parent		7,864,269	5,452,400
Shareholders' Equity Attributable to Non-controlling Interests		96,249	44,402
Total Shareholders' Equity		$ 28,178,111	$ 5,496,802	$ 25,320,178

XML

Transition To IFRS - Schedule of reconciliation of statement of income (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of transition to IFRS [line items]
Loan and other Receivables Loss Provisions			$ (7,293,856)
Fee Income		$ 23,264,260	25,398,461
Fee-related Expenses		(3,026,097)	(3,252,835)
Administrative Expenses		(16,079,154)	(14,423,557)
Income (Loss) from Insurance Business		2,869,319	3,314,912
Interest Income		78,273,788	54,693,722
Interest-related Expenses		(44,910,325)	(24,819,687)
Fee Income			25,398,461
Fee-related Expenses			(3,252,835)
Net Income from Financial Instruments Measured at Fair Value through Profit or Loss		17,352,718	8,461,338
Gold and Foreign Currency Quotation Differences		3,777,071	3,478,861
Other Operating Income		11,571,913	8,996,632
Personnel Expenses		(17,026,247)	(17,088,672)
Depreciation and Impairment of Assets		(1,651,975)	(1,439,440)
Loss on net monetary position		(18,063,668)	(6,823,296)
Other Operating Expenses		(16,899,065)	(14,605,226)
Share of profit from Associates and Joint Ventures			321,182
Income Tax from Continuing Operations		(6,912,526)	(7,319,027)
Income from Discontinued Operations		(259,756)	0
Income Tax from Discontinued Operations		(31,675)	(321,760)
Net (Loss) / Income for the Year		(3,829,507)	7,277,752
Other Comprehensive Income (Loss)		(87,485)	(434,732)
Total Comprehensive Income (Loss)		(3,916,992)	6,843,020
Total Comprehensive Income Attributable to owners of the Parent		(3,553,307)	6,358,856
Total Comprehensive Income (Loss) Attributable to Non-controlling Interests		$ (363,685)	484,164
Previously stated [member]
Disclosure of transition to IFRS [line items]
Financial Income			66,765,368
Financial Expenses			(30,038,123)
Loan and other Receivables Loss Provisions			(7,684,942)
Fee Income			31,157,030
Fee-related Expenses			(9,785,476)
Administrative Expenses			(33,945,130)
Income (Loss) from Insurance Business			3,126,248
Non-controlling Interest			(924,564)
Miscellaneous Income			2,391,176
Miscellaneous Losses			(1,447,703)
Income Tax from Continuing Operations			(7,315,790)
Income from Discontinued Operations			0
Net (Loss) / Income for the Year			12,298,094
Total Comprehensive Income Attributable to owners of the Parent			12,298,094
Reclassification upon adoption of IFRS 9 [member]
Disclosure of transition to IFRS [line items]
Financial Income			(66,765,368)
Financial Expenses			30,038,123
Loan and other Receivables Loss Provisions			(18,664)
Fee Income			(31,157,030)
Fee-related Expenses			9,785,476
Administrative Expenses			18,221,381
Income (Loss) from Insurance Business			(90,404)
Non-controlling Interest			924,558
Miscellaneous Income			(2,391,176)
Miscellaneous Losses			1,439,371
Interest Income			56,563,258
Interest-related Expenses			(24,268,734)
Fee Income			11,655,852
Fee-related Expenses			(3,743,746)
Net Income from Financial Instruments Measured at Fair Value through Profit or Loss			7,180,403
Gold and Foreign Currency Quotation Differences			3,161,203
Other Operating Income			21,442,293
Personnel Expenses			(16,672,435)
Depreciation and Impairment of Assets			(1,554,602)
Other Operating Expenses			(13,129,147)
Share of profit from Associates and Joint Ventures			291,445
Income Tax from Continuing Operations			32,824
Income from Discontinued Operations			0
Net (Loss) / Income for the Year			944,881
Total Comprehensive Income (Loss) Attributable to Non-controlling Interests			944,881
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Disclosure of transition to IFRS [line items]
Loan and other Receivables Loss Provisions			409,750
Administrative Expenses			1,300,192
Income (Loss) from Insurance Business			279,068
Non-controlling Interest			6
Miscellaneous Losses			8,332
Interest Income			(1,869,536)
Interest-related Expenses			(550,953)
Fee Income			13,742,609
Fee-related Expenses			490,911
Net Income from Financial Instruments Measured at Fair Value through Profit or Loss			1,280,935
Gold and Foreign Currency Quotation Differences			317,658
Other Operating Income			(12,445,661)
Personnel Expenses			(416,237)
Depreciation and Impairment of Assets			115,162
Loss on net monetary position			(6,823,296)
Other Operating Expenses			(1,476,079)
Share of profit from Associates and Joint Ventures	$ 245,148		29,737
Income Tax from Continuing Operations			(36,061)
Income from Discontinued Operations			0
Income Tax from Discontinued Operations			(321,760)
Net (Loss) / Income for the Year			(5,965,223)
Other Comprehensive Income (Loss)			(434,732)
Total Comprehensive Income (Loss)			(434,732)
Total Comprehensive Income Attributable to owners of the Parent			(5,939,238)
Total Comprehensive Income (Loss) Attributable to Non-controlling Interests			$ (460,717)

XML

Transition To IFRS - Summary of reconciliation of cash and cash equivalents (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Disclosure of reconciliation of cash and cash equivalents [line items]
Total	$ 225,868,453	$ 131,958,216	$ 143,637,953	$ 143,637,953
Cash and due from banks [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		87,044,881	121,183,979
Argentine Central Bank Bills and Notes Maturing within up to 90 days [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		24,981,766	12,720,258
Receivables from reverse repo transactions [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		14,254,469	1,588,832
Local interbank loans [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		1,380,486	2,266,254
Overnight placements in banks abroad [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		426,682	5,878,630
Other Cash and cash equivalents [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		3,869,932
Previously stated [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		86,317,449	107,910,715
Previously stated [member] | Cash and due from banks [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		56,659,196	90,309,271
Previously stated [member] | Argentine Central Bank Bills and Notes Maturing within up to 90 days [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		16,910,667	9,797,693
Previously stated [member] | Receivables from reverse repo transactions [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		9,654,517	1,273,148
Previously stated [member] | Local interbank loans [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		365,000	1,811,761
Previously stated [member] | Overnight placements in banks abroad [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		269,278	4,718,842
Previously stated [member] | Other Cash and cash equivalents [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		2,458,791
Compania Financiera Argentina S.A [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		248,456	(580,607)
Compania Financiera Argentina S.A [member] | Cash and due from banks [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		(321,544)	(580,607)
Compania Financiera Argentina S.A [member] | Local interbank loans [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		570,000
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		45,392,311	36,307,845
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Cash and due from banks [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		30,707,229	31,455,315
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Argentine Central Bank Bills and Notes Maturing within up to 90 days [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		8,071,099	2,922,565
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Receivables from reverse repo transactions [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		4,599,952	315,684
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Local interbank loans [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		445,486	454,493
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Overnight placements in banks abroad [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		157,404	$ 1,159,788
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Other Cash and cash equivalents [member]
Disclosure of reconciliation of cash and cash equivalents [line items]
Total		$ 1,411,141

XML

Transition To IFRS - Summary of reconciliation of cash flows (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Operating Activities
Cash Flows from Discontinued Operations		$ 1,580,060
Adjustments that Affect Cash Flows from Operating Activities		(4,528,664)
Inflation effect		(1,288,999)
Intangible Assets		2,317,755
Miscellaneous Assets		(818,745)
Other Collections Related to Subsidiaries		153,563
Dividends from Associates		(296,719)
Cash Flows According to IFRS as of 12.31.17	$ 86,265,853	(4,187,224)
Operating Activities (I)	86,265,853	(4,187,224)
Investing Activities
Cash Flows from Discontinued Operations		459,805
Miscellaneous Assets		818,745
Dividends from Associates		296,719
Differences in the determination of Financing Activities		2,425,723
Other Collections Related to Subsidiaries		(153,563)
Inflation effect		(592,368)
Intangible Assets		(2,317,755)
Cash Flows According to IFRS as of 12.31.17	(2,206,775)	(1,642,820)
Investing Activities (II)	(2,206,775)	(1,642,820)
Financing Activities
Cash Flows from Discontinued Operations		(987,404)
Inflation effect		5,008,673
Differences in the determination of Financing Activities		(4,316,983)
Cash Flows According to IFRS as of 12.31.17	10,397,268	15,521,032
Financing Activities (III)	10,397,268	15,521,032
Effect of Changes in the Exchange Rate
Cash Flows According to Prior Accounting Framework as of 12.31.17		7,602,047
Inflation effect		(899,692)
Differences in the determination of Financing Activities		(9,490,347)
Cash Flows According to IFRS as of 12.31.17	44,831,615	(2,787,992)
Effect of exchange rate changes on cash and cash equivalents	44,831,615	(2,787,992)
Total	$ 139,287,961	6,902,996
Previously stated [member]
Operating Activities
Cash Flows According to IFRS as of 12.31.17		(1,305,475)
Operating Activities (I)		(1,305,475)
Investing Activities
Cash Flows According to IFRS as of 12.31.17		(2,580,126)
Investing Activities (II)		(2,580,126)
Financing Activities
Cash Flows According to IFRS as of 12.31.17		15,816,746
Financing Activities (III)		15,816,746
Effect of Changes in the Exchange Rate
Cash Flows According to IFRS as of 12.31.17		7,602,047
Effect of exchange rate changes on cash and cash equivalents		7,602,047
Total		19,533,192
Compania Financiera Argentina S.A [member]
Operating Activities
Cash Flows According to IFRS as of 12.31.17		1,580,060
Operating Activities (I)		1,580,060
Investing Activities
Cash Flows According to IFRS as of 12.31.17		459,805
Investing Activities (II)		459,805
Financing Activities
Cash Flows According to IFRS as of 12.31.17		(987,404)
Financing Activities (III)		(987,404)
Effect of Changes in the Exchange Rate
Total		1,052,461
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Operating Activities
Cash Flows According to IFRS as of 12.31.17		(3,172,810)
Operating Activities (I)		(3,172,810)
Investing Activities
Cash Flows According to IFRS as of 12.31.17		1,069,869
Investing Activities (II)		1,069,869
Financing Activities
Cash Flows According to IFRS as of 12.31.17		(4,316,983)
Financing Activities (III)		(4,316,983)
Effect of Changes in the Exchange Rate
Cash Flows According to IFRS as of 12.31.17		(9,490,347)
Effect of exchange rate changes on cash and cash equivalents		(9,490,347)
Total		(15,910,271)
Inflation effect [member]
Operating Activities
Cash Flows According to IFRS as of 12.31.17		(1,288,999)
Operating Activities (I)		(1,288,999)
Investing Activities
Cash Flows According to IFRS as of 12.31.17		(592,368)
Investing Activities (II)		(592,368)
Financing Activities
Cash Flows According to IFRS as of 12.31.17		5,008,673
Financing Activities (III)		5,008,673
Effect of Changes in the Exchange Rate
Cash Flows According to IFRS as of 12.31.17		(899,692)
Effect of exchange rate changes on cash and cash equivalents		(899,692)
Total		$ 2,227,614

XML

Transition To IFRS - Additional Information (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of transition to IFRS [line items]
Accumulated fair value Property, Plant and Equipment	$ 6,880,487
Property, Plant and Equipment carrying amount	4,832,716
Percentage of Minority interest percentage		6.00%
Purchase of Minority Interests transaction amount		$ 1,364,452
Other shareholders' equity reserves		$ 593,980
Property, plant and equipment [member]
Disclosure of transition to IFRS [line items]
Property, Plant and Equipment carrying amount	4,475,869
Other Non Financial Assets [member]
Disclosure of transition to IFRS [line items]
Property, Plant and Equipment carrying amount	$ 356,847

XML

Transition To IFRS - Summary of Equity Investments in Associates and Joint Ventures (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2017
Disclosure of transition to IFRS [line items]
Equity investments in associates and joint ventures		$ 321,182
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Disclosure of transition to IFRS [line items]
Equity investments in associates and joint ventures	$ 245,148	$ 29,737
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Prisma Medios de Pago S.A [member]
Disclosure of transition to IFRS [line items]
Equity investments in associates and joint ventures	245,250
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Ondara S.A. [member]
Disclosure of transition to IFRS [line items]
Equity investments in associates and joint ventures	$ (102)

XML

Transition To IFRS - Summary of consolidation of the financial assets adjusted (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of other financial assets [line items]
Other Financial Assets	$ 9,047,932	$ 10,339,256	$ 6,719,581
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Disclosure of other financial assets [line items]
Other Financial Assets		59,138	(665,885)
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Premiums for financial guarantee contracts [member]
Disclosure of other financial assets [line items]
Other Financial Assets		241,350	248,044
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | CyS deconsolidation [member]
Disclosure of other financial assets [line items]
Other Financial Assets		(13,005)
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | Consolidation of financial trusts that were not subject to consolidation under the prior accounting framework [member]
Disclosure of other financial assets [line items]
Other Financial Assets		$ (169,207)	$ (913,929)

XML

Transition To IFRS - Summary of Investments in Equity Instruments (Detail) - ARS ($) $ in Thousands	Dec. 31, 2017	Jan. 01, 2017
Disclosure of other equity instruments [line items]
Investments in equity instruments	$ 81,109	$ 131,099
Banco galicia's holdings [member]
Disclosure of other equity instruments [line items]
Investments in equity instruments	$ 81,109	73,888
Galicia valores s.A.'s holdings [member]
Disclosure of other equity instruments [line items]
Investments in equity instruments		$ 57,211

XML

Transition To IFRS - Summary of adjustment made up of derecognition of advances for systems purchased (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of other financial assets [line items]
Derecognition of Advances for Systems Purchased	$ 2,824,769	$ 3,738,130	$ 3,019,668
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Disclosure of other financial assets [line items]
Derecognition of Advances for Systems Purchased		(381,029)	(573,500)
Derecognition of advances for systems purchased [member] | Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Disclosure of other financial assets [line items]
Derecognition of Advances for Systems Purchased		(659,590)	(955,579)
Miscellaneous assets [member] | Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Disclosure of other financial assets [line items]
Derecognition of Advances for Systems Purchased		$ 278,561	$ 382,079

XML

Financial Instruments - Schedule of Portfolios of Financial Instruments (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	$ 75,935,163	$ 42,747,797	$ 28,817,744
Fair Value through Profit or Loss	2,144,664		0
Argentine central bank bills and notes [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	70,097,764	26,367,677	16,158,217
Government securities [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	4,699,806	13,923,160	9,659,559
Private securities [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	1,137,593	2,456,960	2,999,968
Derivative financial instruments [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	1,785,640	775,674	229,436
Repo transactions [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	2,068,076	14,286,336
Other financial assets [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	4,303,431	4,573,809	4,616,737
Amortized Cost	4,744,501	5,765,447	2,102,844
Loans and other financing [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	282,710,068	284,354,759	245,703,421
Other debt securities [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	5,312,035	4,040,087	2,253,595
Fair Value through OCI	9,112,099	142,450	930,257
Financial assets pledged as collateral [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	3,459,712	2,249,914	4,205,704
Amortized Cost	7,357,780	7,096,874	5,889,889
Equity instruments [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	161,054	111,923	187,135
Deposits [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	360,097,275	296,367,356	277,077,562
Fair Value through OCI	0	0	0
Liabilities at fair value through profit or loss [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	2,144,664
Fair Value through OCI	0
Derivative financial instruments [member]
Disclosure of detailed information about financial instruments [line items]
Fair Value through Profit or Loss	1,835,789	846,331	290,384
Fair Value through OCI	0	0	0
Repo transactions [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	1,948,559	1,670,059	3,030,473
Fair Value through OCI	0	0	0
Other financial liabilities [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	63,235,042	55,350,799	57,094,776
Fair Value through OCI	0	0	0
Loans from the argentine central bank and other financial institutions [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	19,446,028	11,618,302	12,717,145
Fair Value through OCI	0	0	0
Debt securities [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	29,983,653		21,848,460
Fair Value through OCI	0		0
Subordinated debt securities [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost	9,767,874
Fair Value through OCI	$ 0
Negotiable obligations issued [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost		20,279,165
Fair Value through OCI		0
Subordinated debt securities [member]
Disclosure of detailed information about financial instruments [line items]
Amortized Cost		7,128,356	7,490,444
Fair Value through OCI		$ 0	$ 0

XML

Fair Values - Schedule of Financial Instruments Measured at Fair Value (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Disclosure of fair value measurement of assets [line items]
Assets	$ 569,691,898	$ 489,641,114	$ 450,614,394
Liabilities	507,844,212	422,162,798	404,941,516
Other financial assets [member]
Disclosure of fair value measurement of assets [line items]
Assets	9,047,932
Other debt securities [member]
Disclosure of fair value measurement of assets [line items]
Assets	14,424,134
Financial assets pledged as collateral [member]
Disclosure of fair value measurement of assets [line items]
Assets	10,817,492
Fair value level 1 [member]
Disclosure of fair value measurement of assets [line items]
Total	18,481,985	47,992,730	33,821,315
Fair value level 1 [member] | Argentine central bank bills and notes [member]
Disclosure of fair value measurement of assets [line items]
Assets		26,367,677	16,158,217
Fair value level 1 [member] | Government securities [member]
Disclosure of fair value measurement of assets [line items]
Assets	2,952,344	13,679,229	7,110,319
Fair value level 1 [member] | Private securities [member]
Disclosure of fair value measurement of assets [line items]
Assets	308,755	1,009,000	778,214
Fair value level 1 [member] | Other financial assets [member]
Disclosure of fair value measurement of assets [line items]
Assets	4,264,431	4,516,227	4,544,877
Fair value level 1 [member] | Other debt securities [member]
Disclosure of fair value measurement of assets [line items]
Assets	9,112,099	142,450	930,257
Fair value level 1 [member] | Financial assets pledged as collateral [member]
Disclosure of fair value measurement of assets [line items]
Assets	3,184,346	2,249,914	4,205,704
Fair value level 1 [member] | Equity instruments [member]
Disclosure of fair value measurement of assets [line items]
Assets	26,795	28,233	93,727
Fair value level 1 [member] | Liabilities at fair value through profit or loss [member]
Disclosure of fair value measurement of assets [line items]
Liabilities	1,366,785
Fair value level 2 [member]
Disclosure of fair value measurement of assets [line items]
Total	70,898,420	(7,169)	1,993,853
Fair value level 2 [member] | Argentine central bank bills and notes [member]
Disclosure of fair value measurement of assets [line items]
Assets	70,097,764
Fair value level 2 [member] | Government securities [member]
Disclosure of fair value measurement of assets [line items]
Assets	1,278,048		1,972,400
Fair value level 2 [member] | Private securities [member]
Disclosure of fair value measurement of assets [line items]
Assets	36,270	5,906	10,541
Fair value level 2 [member] | Derivative financial instruments [member]
Disclosure of fair value measurement of assets [line items]
Assets	1,785,640	775,674	229,436
Fair value level 2 [member] | Other financial assets [member]
Disclosure of fair value measurement of assets [line items]
Assets	39,000	57,582	71,860
Fair value level 2 [member] | Financial assets pledged as collateral [member]
Disclosure of fair value measurement of assets [line items]
Assets	275,366
Fair value level 2 [member] | Liabilities at fair value through profit or loss [member]
Disclosure of fair value measurement of assets [line items]
Liabilities	777,879
Fair value level 2 [member] | Derivative financial instruments [member]
Disclosure of fair value measurement of assets [line items]
Liabilities	1,835,789	846,331	290,384
Fair value level 3 [member]
Disclosure of fair value measurement of assets [line items]
Assets	1,396,241	1,769,675		$ 2,881,461
Total	1,396,241	1,769,675	2,881,461
Fair value level 3 [member] | Government securities [member]
Disclosure of fair value measurement of assets [line items]
Assets	469,414	243,931	576,840	576,840
Fair value level 3 [member] | Private securities [member]
Disclosure of fair value measurement of assets [line items]
Assets	792,568	1,442,054	2,211,213	2,211,213
Fair value level 3 [member] | Equity instruments [member]
Disclosure of fair value measurement of assets [line items]
Assets	$ 134,259	$ 83,690	$ 93,408	$ 93,408

XML

Fair Values - Summary of Changes in Instruments Included in Fair Value Level 3 (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Beginning balance	$ 489,641,114
Ending balance	569,691,898	$ 489,641,114
Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Beginning balance	1,769,675	2,881,461
Transfers	1,644,851	(668,851)
Purchases	16,735,429	3,076,508
Sales	(18,200,469)	(3,294,366)
Income (Loss)	608,842	290,555
Inflation Effect	(1,162,087)	(515,632)
Ending balance	1,396,241	1,769,675
Government securities [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Beginning balance	243,931	576,840
Transfers	1,255,553	(234,067)
Purchases	10,382,946	450,486
Sales	(11,115,519)	(504,713)
Income (Loss)	149,564	46,969
Inflation Effect	(447,061)	(91,584)
Ending balance	469,414	243,931
Private securities [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Beginning balance	1,442,054	2,211,213
Transfers	389,298	(434,784)
Purchases	6,352,483	2,626,022
Sales	(7,084,950)	(2,789,653)
Income (Loss)	372,340	233,810
Inflation Effect	(678,657)	(404,554)
Ending balance	792,568	1,442,054
Equity instruments [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Beginning balance	83,690	93,408
Income (Loss)	86,938	9,776
Inflation Effect	(36,369)	(19,494)
Ending balance	$ 134,259	$ 83,690

XML

Fair Values - Summary of Assets and Liabilities Recorded at Amortized Cost (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	$ 569,691,898	$ 489,641,114	$ 450,614,394
Liabilities	507,844,212	422,162,798	404,941,516
Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	1,396,241	1,769,675		$ 2,881,461
Deposits [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Liabilities	360,097,275
Deposits [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	359,875,025
Deposits [member] | Fair value [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	359,875,025
Loans from the argentine central bank and other financial institutions [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Liabilities	19,446,028
Loans from the argentine central bank and other financial institutions [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	17,689,372
Loans from the argentine central bank and other financial institutions [member] | Fair value [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	17,689,372
Debt securities [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Liabilities	29,983,653
Debt securities [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	29,269,086
Debt securities [member] | Fair value [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	29,269,086
Subordinated debt securities [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Liabilities	9,767,874
Subordinated debt securities [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	8,513,061
Subordinated debt securities [member] | Fair value [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	8,513,061
Repo transactions [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Liabilities	1,948,559
Repo transactions [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	1,944,965
Repo transactions [member] | Fair value [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	1,944,965
Other financial liabilities [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Liabilities	63,235,042
Other financial liabilities [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	63,235,113
Other financial liabilities [member] | Fair value [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Liabilities at Fair Value	63,235,113
Cash and due from banks [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	143,309,428
Cash and due from banks [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	143,309,428
Cash and due from banks [member] | Fair value [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	143,309,428
Loans and other financing [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	282,710,068
Loans and other financing [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	289,581,428
Loans and other financing [member] | Fair value [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	289,581,428
Other financial assets [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	9,047,932
Other financial assets [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	4,264,431	4,516,227	4,544,877
Other financial assets [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	9,047,932
Other financial assets [member] | Fair value [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	9,047,932
Other debt securities [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	14,424,134
Other debt securities [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	9,112,099	142,450	930,257
Other debt securities [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	14,631,751
Other debt securities [member] | Fair value [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	763,126
Other debt securities [member] | Fair value [member] | Fair value level 3 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	13,868,625
Repo transactions [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	2,068,076
Repo transactions [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	2,068,076
Repo transactions [member] | Fair value [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	2,068,076
Financial assets pledged as collateral [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	10,817,492
Financial assets pledged as collateral [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Assets	3,184,346	$ 2,249,914	$ 4,205,704
Financial assets pledged as collateral [member] | Fair value [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	10,817,492
Financial assets pledged as collateral [member] | Fair value [member] | Fair value level 1 [member]
Disclosure of reconciliation of changes in fair value measurement assets liabilities [line items]
Financial Assets at Fair Value	$ 10,817,492

XML

Cash and Cash Equivalents - Summary of Cash and Cash Equivalents (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Cash and cash equivalents [abstract]
Cash and Due from Banks	$ 143,309,428	$ 87,044,881	$ 121,183,979
Argentine Central Bank's Bills and Notes Maturing within up to 90 Days	70,117,158	24,981,766	12,720,258
Receivables from Reverse Repo Transactions	2,057,558	14,254,469
Local Interbank Loans	938,000	1,380,486	1,588,832
Overnight Placements in Banks Abroad	5,300,681	426,682	2,266,254
Mutual Funds	3,859,629	3,578,916	4,040,608
Time Deposits	285,999	291,016	7,084
Government Securities			1,830,938
Total Cash and Cash Equivalents	$ 225,868,453	$ 131,958,216	$ 143,637,953	$ 143,637,953

XML

Derivative Financial Instruments - Summary of Derivative Instrument Transactions (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of detailed information about financial instruments [line items]
Notional Amount	$ 19,446,028	$ 11,618,302	$ 12,717,145
Foreign currencies [member] | Forward currency purchases [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount	38,861,567	30,145,543	27,648,329
Foreign currencies [member] | Forward currency sales [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount	32,277,374	28,042,761
Foreign currencies [member] | Forward purchases by customers [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount	3,673,954	583,221	396,281
Foreign currencies [member] | Forward currency sales by customer [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount	10,156,620	5,472,881	2,202,703
Other asset [member] | Interest rate swap 1 [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount	460,242	1,476	138,192
Other asset [member] | Interest rate swap 1 [member] | Cross Currency Swaps [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount	1,561
Government securities [member] | Forward currency purchases [member] | Repo transactions [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount	1,965,824	1,672,194	3,032,245
Government securities [member] | Forward currency sales [member] | Repo transactions [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount	$ 2,061,516	$ 15,678,531
Dollar [member] | Written call options [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount			18,794
Gold [member] | Written call options [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount			303,032
Gold [member] | Purchased call options [member]
Disclosure of detailed information about financial instruments [line items]
Notional Amount			$ 275,484

XML

Repo Transactions - Summary of Repo Transactions and Reverse Repo Transactions (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of repo transactions [line items]
Receivables from Reverse Repo Transactions of Government Securities	$ 2,057,558	$ 14,254,469
Accrued Interest Payable on Reverse Repo Transactions	10,518	31,867
Total Reverse Repo Transactions	2,068,076	14,286,336
Accrued Interest Payable on Repo Transactions	4,754	3,673	$ 4,255
Total Repo Transactions	1,948,559	1,670,059	3,030,473
Government securities [member]
Disclosure of repo transactions [line items]
Receivables from Reverse Repo Transactions of Government Securities	2,057,558	14,254,469
Payables for Repo Transactions of Government Securities	$ 1,943,805	$ 1,666,386	$ 3,026,218

XML

Repo Transactions - Summary of Repo Agreements in Financial Assets Pledged as Collateral and Reverse Repo Agreements in Off-Balance Sheet Items (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of repo transactions [abstract]
Reverse Repo Transactions recorded as Off-Balance Sheet Items		$ 2,061,516	$ 15,678,531
Repo Transactions recorded in Financial Assets Pledged as Collateral	$ 3,032,245	$ 1,965,824	$ 1,672,194

XML

Other Financial Assets - Summary of Other Financial Assets (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of other financial assets [line items]
Other Financial Assets	$ 9,047,932	$ 10,339,256	$ 6,719,581
Debtors from spot sales of foreign currency pending settlement [member]
Disclosure of other financial assets [line items]
Other Financial Assets	1,947,184	3,550,645	5,918
Debtors from spot sales of government securities pending settlement [member]
Disclosure of other financial assets [line items]
Other Financial Assets	1,607,601	1,355,413	1,312,067
Sundry debtors [member]
Disclosure of other financial assets [line items]
Other Financial Assets	810,757	441,191	447,246
Mutual funds [member]
Disclosure of other financial assets [line items]
Other Financial Assets	4,264,431	4,516,228	4,544,877
Others [member]
Disclosure of other financial assets [line items]
Other Financial Assets	$ 417,959	$ 475,779	$ 409,473

XML

Net Loans and Other Financing - Summary of Net Loans and Other Financing (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of loans and other financing [line items]
Non-financial Public Sector	$ 26,457	$ 11,777	$ 8,532
Argentine Central Bank	5,318	533	3,604
Financial Institutions	5,106,758	7,942,382	6,938,664
Loans	5,106,758	7,942,382	6,938,664
Non-financial Private Sector and Residents Abroad	249,251,684	290,412,186	286,639,194
Loans	244,082,260	283,543,722	280,870,810
Financial Leases	1,731,448	2,198,047	2,475,878
Other Financing	3,437,976	4,670,417	3,292,506
Less: Allowances	(8,686,796)	(15,656,810)	(9,235,235)
Total	245,703,421	282,710,068	284,354,759
Bank overdraft [member]
Disclosure of loans and other financing [line items]
Loans	18,501,897	14,430,578	16,680,960
Promissory notes [member]
Disclosure of loans and other financing [line items]
Loans	46,613,651	36,020,263	52,455,181
Mortgages [member]
Disclosure of loans and other financing [line items]
Loans	4,013,513	11,793,007	8,435,337
Collateralized loan [member]
Disclosure of loans and other financing [line items]
Loans	1,249,027	997,958	1,591,432
Personal loans [member]
Disclosure of loans and other financing [line items]
Loans	24,365,344	29,144,931	34,632,328
Credit cards loans [member]
Disclosure of loans and other financing [line items]
Loans	129,153,045	113,395,362	125,176,057
Other loans [member]
Disclosure of loans and other financing [line items]
Loans	23,313,178	74,793,302	44,962,639
Accrued interest adjustments and quotation differences receivable [member]
Disclosure of loans and other financing [line items]
Loans	(703,302)	5,388,298	335,344
Documented Interest [member]
Disclosure of loans and other financing [line items]
Loans	$ (2,424,093)	$ (2,419,977)	$ (3,398,468)

XML

Financial Assets Pledged as Collateral - Summary of Financial Assets Pledged as Collateral (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of financial assets pledged as collateral [abstract]
Deposits as Collateral	$ 2,778,032	$ 3,663,499	$ 2,344,791
Special Escrow Accounts at the Argentine Central Bank	4,285,315	5,188,169	5,329,804
Forward Purchases of Monetary Regulation Instruments	3,032,246	53,736	1,660,746
Others		1,912,088	11,447
Total	$ 10,095,593	$ 10,817,492	$ 9,346,788

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Current Income Tax Assets - Summary of Current Income Tax Assets (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2017	Dec. 31, 2018
Major components of tax expense (income) [abstract]
Tax Credits	$ 216,396	$ 134,740	$ 94,918
Minimum Presumed Income Tax - Tax Credit Loss carryfoward	27,086	142
Less: Allowance for Impairment of Minimum Presumed Income Tax - Tax Credit	(8,551)	(142)
Total	$ 234,931	$ 134,740	$ 94,918

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Current Income Tax Assets - Summary of Tax Credits and Their Expiration of Minimum Presumed Income Tax (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure Of Income Taxes [line items]
Tax Credit	$ 27,086		$ 142
Tax credit expiring two thousand sixteen [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2006
Tax Credit	273
Expiration Date		2016
Tax credit expiring two thousand seventeen [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2007
Tax Credit	588		77
Expiration Date		2017
Tax credit expiring two thousand eighteen [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2008
Tax Credit	669		12
Expiration Date		2018
Tax credit expiring two thousand nineteen [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2009
Tax Credit	1,074		10
Expiration Date		2019
Tax credit expiring two thousand twenty [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2010
Tax Credit	3,002		13
Expiration Date		2020
Tax credit expiring two thousand twenty one [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2011
Tax Credit	2,686		6
Expiration Date		2021
Tax credit expiring two thousand twenty two [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2012
Tax Credit	3,158		6
Expiration Date		2022
Tax credit expiring two thousand twenty three [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2013
Tax Credit	3,466		4
Expiration Date		2023
Tax credit expiring two thousand twenty four [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2014
Tax Credit	4,249		4
Expiration Date		2024
Tax credit expiring two thousand twenty five [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2015
Tax Credit	6,718		3
Expiration Date		2025
Tax credit expiring two thousand twenty six [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2016
Tax Credit	$ 1,203		4
Expiration Date		2026
Tax credit expiring two thousand twenty seven [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2017
Tax Credit			$ 3
Expiration Date		2027
Tax credit expiring two thousand twenty eight [member]
Disclosure Of Income Taxes [line items]
Date of Generation		2018
Expiration Date		2028

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Equity Investments in Subsidiaries, Associates and Joint Ventures - Summary of Equity Investments in Subsidiaries (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of subsidiaries [line items]
Investments in subsidiaries		$ 1,818,559	$ 2,252,519
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 668,549,353	$ 795,973,974
Proportion of ownership interest in subsidiary	100.00%	100.00%
Cobranzas Regionales S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 8,300	$ 7,700
Proportion of ownership interest in subsidiary	83.00%	77.00%
Galicia Administradora de Fondos S.A [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 20,000	$ 20,000
Proportion of ownership interest in subsidiary	100.00%	100.00%
Galicia Broker Asesores de Seguros S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 71,310	$ 71,310
Proportion of ownership interest in subsidiary	99.99%	99.99%
Galicia Retiro Compania de Seguros S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 7,727,271	$ 7,727,271
Proportion of ownership interest in subsidiary	99.99%	99.99%
Galicia Seguros S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 1,830,883	$ 1,830,883
Proportion of ownership interest in subsidiary	99.99%	99.99%
Galicia Valores S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 1,000,000	$ 1,000,000
Proportion of ownership interest in subsidiary	100.00%	100.00%
Galicia Warrants S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 1,000,000	$ 1,000,000
Proportion of ownership interest in subsidiary	100.00%	100.00%
Financial Trust Galtrust I [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary		100.00%
Financial Trust Saturno Creditos [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100.00%	100.00%
Net Investment S.A. (in Liquidation) [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries		$ 12,000
Proportion of ownership interest in subsidiary		100.00%
Ondara S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 13,636,990	$ 12,709,967
Proportion of ownership interest in subsidiary	83.85%	78.15%
Sudamericana Holding S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 185,653	$ 185,653
Proportion of ownership interest in subsidiary	100.00%	100.00%
Tarjeta Naranja S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 2,344	$ 2,174
Proportion of ownership interest in subsidiary	83.00%	77.00%
Tarjetas Regionales S.A. [member]
Disclosure of subsidiaries [line items]
Investments in subsidiaries	$ 894,552,668	$ 829,886,212
Proportion of ownership interest in subsidiary	83.00%	77.00%

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Equity Investments in Subsidiaries, Associates and Joint Ventures - Summary of Balances of Subsidiaries, According to the IFRS-based Accounting Framework (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Disclosure of subsidiaries [line items]
Assets	$ 569,691,898	$ 489,641,114	$ 450,614,394
Liabilities	507,844,212	422,162,798	404,941,516
Shareholders' Equity	61,847,686	67,478,316	$ 45,672,878	$ 45,672,878
Net (Loss) / Income for the Year	(3,829,507)	7,277,752
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of subsidiaries [line items]
Assets	517,877,929	480,374,665
Liabilities	468,725,396	416,511,409
Shareholders' Equity	49,152,533	63,863,256
Net (Loss) / Income for the Year	(1,789,529)	5,664,659
Cobranzas Regionales S.A. [member]
Disclosure of subsidiaries [line items]
Assets	110,115	85,518
Liabilities	67,750	33,136
Shareholders' Equity	42,365	52,382
Net (Loss) / Income for the Year	6,887	7,657
Galicia Administradora de Fondos S.A [member]
Disclosure of subsidiaries [line items]
Assets	674,108	1,087,676
Liabilities	229,514	408,209
Shareholders' Equity	444,594	679,467
Net (Loss) / Income for the Year	385,151	648,361
Galicia Broker Asesores de Seguros S.A. [member]
Disclosure of subsidiaries [line items]
Assets	26,475	47,408
Liabilities	13,382	29,699
Shareholders' Equity	13,093	17,709
Net (Loss) / Income for the Year	25,056	19,852
Galicia Retiro Compania de Seguros S.A. [member]
Disclosure of subsidiaries [line items]
Assets	249,069	285,152
Liabilities	186,776	224,780
Shareholders' Equity	62,293	60,372
Net (Loss) / Income for the Year	24,293	6,384
Galicia Seguros S.A. [member]
Disclosure of subsidiaries [line items]
Assets	2,703,486	2,907,428
Liabilities	1,654,652	1,739,299
Shareholders' Equity	1,048,834	1,168,129
Net (Loss) / Income for the Year	544,122	599,791
Galicia Valores S.A. [member]
Disclosure of subsidiaries [line items]
Assets	258,936	259,016
Liabilities	39,877	34,034
Shareholders' Equity	219,059	224,982
Net (Loss) / Income for the Year	66,678	73,052
Galicia Warrants S.A. [member]
Disclosure of subsidiaries [line items]
Assets	442,502	3,624,332
Liabilities	226,880	2,020,122
Shareholders' Equity	215,622	1,604,210
Net (Loss) / Income for the Year	114	385,104
Financial Trust Saturno Creditos [member]
Disclosure of subsidiaries [line items]
Assets	17,055	34,508
Liabilities	1,184	2,086
Shareholders' Equity	15,871	32,422
Net (Loss) / Income for the Year	(2,586)	3,944
Ondara S.A. [member]
Disclosure of subsidiaries [line items]
Assets	22,511	37,738
Liabilities	22	6,951
Shareholders' Equity	22,489	30,787
Net (Loss) / Income for the Year	1,636	8,693
Sudamericana Holding S.A. [member]
Disclosure of subsidiaries [line items]
Assets	3,307,403	432,842
Liabilities	1,955,028	217,333
Shareholders' Equity	1,352,375	215,509
Net (Loss) / Income for the Year	249,358	7,886
Tarjeta Naranja S.A. [member]
Disclosure of subsidiaries [line items]
Assets	51,194,581	53,189,426
Liabilities	41,875,082	41,598,049
Shareholders' Equity	9,319,499	11,591,377
Net (Loss) / Income for the Year	2,068,688	3,643,368
Tarjetas Regionales S.A. [member]
Disclosure of subsidiaries [line items]
Assets	52,713,479	54,653,428
Liabilities	42,579,675	42,229,161
Shareholders' Equity	10,133,804	12,424,267
Net (Loss) / Income for the Year	$ (2,139,323)	4,017,095
Financial Trust Galtrust I [member]
Disclosure of subsidiaries [line items]
Assets		208,171
Liabilities		503
Shareholders' Equity		207,668
Net (Loss) / Income for the Year		97,817
Net Investment S.A. (in Liquidation) [member]
Disclosure of subsidiaries [line items]
Assets		419
Shareholders' Equity		419
Net (Loss) / Income for the Year		$ (55)

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Equity Investments in Subsidiaries, Associates and Joint Ventures - Summary of Investments in Associates and Joint Ventures (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
Disclosure of Investments in Associates and Joint Ventures [line items]
Investments in associates and joint ventures		$ 286,802
Prisma Medios de Pago S.A [member]
Disclosure of Investments in Associates and Joint Ventures [line items]
Investments in associates and joint ventures		259,687
Nova Re Compania Argentina de Reaseguros S A [member]
Disclosure of Investments in Associates and Joint Ventures [line items]
Investments in associates and joint ventures		27,115
Others [member]
Disclosure of Investments in Associates and Joint Ventures [line items]
Investments in associates and joint ventures	$ 56	1,107	$ 83
Allowances [member]
Disclosure of Investments in Associates and Joint Ventures [line items]
Investments in associates and joint ventures	$ (56)	$ (1,107)	$ (83)

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Leases - Summary of Property, Plant and Equipment Under the Terms of Financial Lease Contracts (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment	$ 19,362,585	$ 18,209,015	$ 16,348,360
Finance lease contracts [member]
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment		242	765
Finance lease contracts [member] | Gross carrying amount [member]
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment	14,660	15,100	16,236
Finance lease contracts [member] | Accumulated depreciation and amortisation [member]
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment	(14,660)	(14,858)	(15,471)
Machinery and equipment [member] | Finance lease contracts [member] | Gross carrying amount [member]
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment	14,660	14,660	14,660
Machinery and equipment [member] | Finance lease contracts [member] | Accumulated depreciation and amortisation [member]
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment	$ (14,660)	(14,660)	(14,660)
Vehicles [member] | Finance lease contracts [member]
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment		242	765
Vehicles [member] | Finance lease contracts [member] | Gross carrying amount [member]
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment		440	1,576
Vehicles [member] | Finance lease contracts [member] | Accumulated depreciation and amortisation [member]
Disclosure of recognised finance lease as assets by lessee [line items]
Property, Plant and Equipment		$ (198)	$ (811)

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Leases - Summary of Estimated Future Lease Payments (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of finance lease and operating lease by lessee [line items]
Operating lease payable	$ 12,382,273	$ 4,053,632	$ 3,020,523
Not later than one year [member]
Disclosure of finance lease and operating lease by lessee [line items]
Operating lease payable	906,405	788,950	672,834
Later than one year and not later than five years [member]
Disclosure of finance lease and operating lease by lessee [line items]
Operating lease payable	5,284,731	2,185,391	1,917,092
Later than five years [member]
Disclosure of finance lease and operating lease by lessee [line items]
Operating lease payable	$ 6,191,137	$ 1,079,291	$ 430,597

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Deferred Income Tax Assets/Liabilities - Summary of Changes in Deferred Income Tax Assets and Liabilities (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Deferred Tax Assets Valuation of Securities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	$ 4,901	$ 3,814
Charge to Income	(3,325)	1,087
Ending balance	1,576	4,901
Deferred Tax Assets Other Financial Assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance		(58)
Charge to Income	1,901	58
Others	(2,179)
Ending balance	(278)
Deferred Tax Assets Loans and Other Financing [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	927,737	1,190,776
Charge to Income	595,664	(263,039)
Ending balance	1,523,401	927,737
Deferred Tax Assets Property, Plant And Equipment [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(223,241)	(230,188)
Charge to Income	(455,616)	83
Others	(21)	6,864
Ending balance	(678,878)	(223,241)
Deferred Tax Assets Intangible Assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance		(92)
Charge to Income		92
Deferred Tax Assets Tax Loss Carry-forwards [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance		1,725
Charge to Income	7,612	(1,725)
Allowance for Impairment	(3,764)
Ending balance	3,848
Deferred Tax Assets Other Non-financial Assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	40,131	3,995
Charge to Income	(6,137)	36,136
Ending balance	33,994	40,131
Deferred Tax Assets Non-current Assets Held for Sale [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Charge to Income	(3,980)
Allowance for Impairment	1,876
Others	2,104
Deferred Tax Assets Allowance for Impairment [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	4,609	3,292
Charge to Income	20,401	1,301
Allowance for Impairment		16
Ending balance	25,010	4,609
Deferred Tax Assets Other Financial Liabilities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	912
Charge to Income	(16,843)	912
Ending balance	(15,931)	912
Deferred Tax Assets Provisions [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	17,201	80,260
Charge to Income	92,545	(9,796)
Others	(55,234)	(53,263)
Ending balance	54,512	17,201
Deferred Tax Assets Other Non-financial Liabilities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	4,146	3,504
Charge to Income	12,974	642
Others	558
Ending balance	17,678	4,146
Deferred Tax Assets Quotation Difference [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	5,548	16,022
Charge to Income	1,236	(10,474)
Ending balance	6,784	5,548
Deferred Tax Assets Others [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(19,374)	(37,790)
Charge to Income	22,895	18,416
Others	(2,262)
Ending balance	1,259	(19,374)
Deferred Tax Assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	762,570	1,035,260
Charge to Income	269,327	(226,307)
Allowance for Impairment	(1,888)	16
Others	(57,034)	(46,399)
Ending balance	972,975	762,570
Deferred Tax Liabilities Valuation of Securities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	16,718	(38,276)
Charge to Income	(143,241)	54,994
Ending balance	(126,523)	16,718
Deferred Tax Liabilities Other Financial Assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(37,930)	(30,062)
Charge to Income	(13,364)	(7,503)
Others	2,179	(365)
Ending balance	(49,115)	(37,930)
Deferred Tax Liabilities Loans and Other Financing [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	321,679	387,020
Charge to Income	1,049,720	(65,341)
Ending balance	1,371,399	321,679
Deferred Tax Liabilities Property, Plant and Equipment [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(2,784,001)	(3,415,959)
Charge to Income	(481,544)	632,760
Others	21	(802)
Ending balance	(3,265,524)	(2,784,001)
Deferred Tax Liabilities Intangible Assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	258,221	570,959
Charge to Income	(433,524)	(312,738)
Ending balance	(175,303)	258,221
Deferred Tax Liabilities Tax Loss Carry-forwards [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance		272,828
Charge to Income		(265,421)
Allowance for Impairment		(7,716)
Others		309
Deferred Tax Liabilities Other Non-financial Assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(154,315)	5,018
Charge to Income	(223,424)	(159,333)
Ending balance	(377,739)	(154,315)
Deferred Tax Liabilities Non-current Assets Held for Sale [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(380,838)
Charge to Income	383,774	(378,067)
Allowance for Impairment		(2,771)
Others	(2,104)
Ending balance	832	(380,838)
Deferred Tax Liabilities Allowance for Impairment [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance		(276,698)
Charge to Income		54,977
Allowance for Impairment		221,721
Deferred Tax Liabilities Subordinated Debt Securities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(20,331)	(3,173)
Charge to Income	2,734	(17,158)
Ending balance	(17,597)	(20,331)
Deferred Tax Liabilities Provisions [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	200,091	632,800
Charge to Income	131,926	(484,267)
Others	55,234	51,558
Ending balance	387,251	200,091
Deferred Tax Liabilities Other Non-financial Liabilities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	494,380	50,291
Charge to Income	(89,776)	445,557
Others	(558)	(1,468)
Ending balance	404,046	494,380
Deferred Tax Liabilities Others [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(2,214)	1,655
Charge to Income	(55,421)	(2,248)
Others	2,262	(1,621)
Ending balance	(55,373)	(2,214)
Deferred Tax Liabilities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	(2,088,540)	(1,843,597)
Charge to Income	127,860	(503,788)
Allowance for Impairment		211,234
Others	57,034	47,611
Ending balance	$ (1,903,646)	$ (2,088,540)

XML

Deferred Income Tax Assets/Liabilities - Summary of Expiration Dates of Tax Loss Carry-forwards (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2018 ARS ($)
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Year of Generation	2018
Amount	$ 25,373
Year Due	2023
Charged to Income [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Assets	$ 7,612

XML

Deferred Income Tax Assets/Liabilities - Additional Information (Detail) $ in Thousands	Dec. 31, 2018 ARS ($)
Allowance for impairment [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Allowance for impairment for deferred tax asset	$ (3,764)

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Assets/Liabilities for Insurance Contracts - Assets Related to Insurance Contracts (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims [abstract]
Premiums Receivable	$ 962,651	$ 964,214	$ 1,006,658
Receivables from Reinsurers	6,143	5,361	5,128
Fees to collect	12,828	2,455
Others	7,101	10,472	9,917
Total	$ 988,723	$ 982,502	$ 1,021,703

XML

Assets/Liabilities for Insurance Contracts - Liabilities Related to Insurance Contracts (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims [abstract]
Debts with Insured	$ 373,600	$ 416,318	$ 420,249
Debts with Reinsurers	9,702	25,904	(1,535)
Debts with Co-insurers	2,639	3,608	4,741
Debts with Insurance Brokers	185,930	191,681	195,257
Statutory Reserves	571,225	589,255	561,227
Unpaid Losses to Be Borne by Reinsurers (Offset Account)	(39,876)	(31,119)	(25,777)
Total	$ 1,103,220	$ 1,195,647	$ 1,154,162

XML

Assets/Liabilities for Insurance Contracts - Summary of Debts with Insureds (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of types of insurance contracts [line items]
Total	$ 373,600	$ 416,318	$ 420,249
Property insurance [member]
Disclosure of types of insurance contracts [line items]
Property Insurance	105,517	93,082	66,389
Property insurance [member] | Administrative direct insurance [member]
Disclosure of types of insurance contracts [line items]
Property Insurance	60,118	48,569	37,146
Property insurance [member] | Direct insurance in litigation [member]
Disclosure of types of insurance contracts [line items]
Property Insurance	9,966	9,060	4,710
Property insurance [member] | Direct insurance in mediation [member]
Disclosure of types of insurance contracts [line items]
Property Insurance	426	741	702
Property insurance [member] | Settled losses to be paid [member]
Disclosure of types of insurance contracts [line items]
Property Insurance	1,609	2,438	2,463
Property insurance [member] | Unpaid losses for active reinsurance and retrocession [member]
Disclosure of types of insurance contracts [line items]
Property Insurance	1,038	793
Property insurance [member] | Incurred but not reported losses IBNR [member]
Disclosure of types of insurance contracts [line items]
Property Insurance	32,360	31,481	21,368
Life insurance contracts [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	268,074	322,997	353,615
Life insurance contracts [member] | Administrative direct insurance [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	243,850	294,959	308,463
Life insurance contracts [member] | Direct insurance in litigation [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	4,752	5,528	3,534
Life insurance contracts [member] | Direct insurance in mediation [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	668	1,389	1,094
Life insurance contracts [member] | Settled losses to be paid [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	1,424	3,673	4,907
Life insurance contracts [member] | Unpaid losses for active reinsurance and retrocession [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	4,400	2,826
Life insurance contracts [member] | Incurred but not reported losses IBNR [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	12,714	14,229	35,125
Life insurance contracts [member] | Surrenders payable [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	265	391	488
Life insurance contracts [member] | Payables for premiums to be refunded [member]
Disclosure of types of insurance contracts [line items]
Life Insurance	1	2	4
Retirement insurance [member]
Disclosure of types of insurance contracts [line items]
Retirement Insurance	9	239	245
Retirement insurance [member] | Past due annuities payable [member]
Disclosure of types of insurance contracts [line items]
Retirement Insurance	$ 9	$ 239	$ 245

XML

Assets/Liabilities for Insurance Contracts - Summary of Net Gross and Reinsurers Share for Amounts Arising from Insurance Contracts (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Current Account	$ 24,491	$ 45,064
Restatement Premiums	0	0
Minimum Deposit Premium to Be Accrued	(12,150)	(15,552)
Deposits as Collateral	0	0
Unpaid Losses to Be Borne by Reinsurers	(39,876)	(31,119)
Total	(27,535)	$ (1,607)
IBNR to be borne by reinsurers [member]
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Current Account	21,852
Restatement Premiums	0
Minimum Deposit Premium to Be Accrued	(12,150)
Deposits as Collateral	0
Unpaid Losses to Be Borne by Reinsurers	(39,876)
Total	(30,174)
Debts with co-insurers [member]
Disclosure of net, gross and reinsurer's share for amounts arising from insurance contracts [line items]
Current Account	2,639
Restatement Premiums	0
Deposits as Collateral	0
Total	$ 2,639

XML

Assets/Liabilities for Insurance Contracts - Summary of Debts with Insurance Brokers (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of types of insurance contracts [abstract]
Current Account - Insurance Brokers	$ 45,225	$ 47,263	$ 87,939
Commissions on Premiums Receivable	113,238	114,482	62,016
Underwriting Expenses Payable	27,467	29,936	45,302
Total	$ 185,930	$ 191,681	$ 195,257

XML

Assets/Liabilities for Insurance Contracts - Summary of Statutory Reserves (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure Of Statutory Reserves [abstract]
Unearned Premiums and Similar	$ 327,392	$ 296,487	$ 241,924
Premiums and Surcharges	316,672	301,076	293,729
Premiums on Passive Reinsurance	(14,516)	(35,710)	(52,067)
Active Reinsurance	25,236	30,948
Insufficient Premiums		173	262
Mathematical Reserves	243,833	292,768	319,303
Mathematical Reserves - Individual Life Insurance	80,545	88,543	91,918
Mathematical Reserves - Individual Retirement Insurance	67,088	47,960	54,051
Mathematical Reserves of Life Annuities	95,179	118,224	133,611
Provision for Restoring the Mathematical Reserve	7	12	6
Fluctuation Funds	1,014	38,029	39,717
Total	$ 571,225	$ 589,255	$ 561,227

XML

Assets/Liabilities for Insurance Contracts - Summary of Assumption Used for Current Estimates of Future Cash Flows Derived from Insurance Contract (Detail)	12 Months Ended
	Dec. 31, 2018
Disclosure of types of insurance contracts [abstract]
Mortality Table	GAM 94
Investment (Discount) Rate	3.38%
Benchmark Rate	Projected benchmark rate based on a share of CER starting with 1.36% in the case of voluntary retirement and 1.63% in the case of life annuities.
Administrative Expenses	682 in the case of voluntary retirement and 620 in the case of life annuities

XML

Other Non-financial Assets - Summary of Other Non-financial Assets (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	$ 2,824,769	$ 3,738,130	$ 3,019,668
Shareholder [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets			50,431
Payments in advance of directors' and syndics' fees [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	2,071	5,054	19,527
Payments in advance to personnel [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	50,385	18,382	18,416
Tax Credits [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	115,558	61,460	251,330
Payments in advance [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	448,545	449,312	398,684
Advances for purchase of assets [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	1,141,114	2,180,993	1,103,230
Investment property [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	290,894	296,418	302,453
Other miscellaneous assets measured at cost [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	696,996	588,468	681,033
Assets acquired through foreclosures [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	32,852	54,787	31,041
Other Non financial asset [member]
Disclosure of Other Non Financial Assets [line items]
Other non-financial assets	$ 46,354	$ 83,256	$ 163,523

XML

Non-current Assets Held for Sale and Discontinued Operations - Summary of Classification of Assets as Assets Held for Sale and Discontinued Operations (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Equity Investments	$ 10,914,825	$ 414,778	$ 10,855,802
Other Debt Securities		188,947
Property, Plant and Equipment	4,291	4,290	4,289
Total	10,919,116	608,015	10,860,091
Prisma Medios de Pago S.A [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Equity Investments		414,778	374,937
Compania Financiera Argentina S.A [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Equity Investments	10,859,722		10,425,762
Cobranzas y Servicios S.A [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Equity Investments	55,103		55,103
Financial Trust Crecere [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Other Debt Securities		188,947
Real estate [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Property, Plant and Equipment	$ 4,291	$ 4,290	$ 4,289

XML

Non-current Assets Held for Sale and Discontinued Operations - Additional Information (Detail) - ARS ($) $ in Thousands				12 Months Ended
	Feb. 01, 2019	May 08, 2018	Mar. 26, 2018	Dec. 31, 2018	Dec. 31, 2017
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Income tax impact for discontinued operations				$ 31,675	$ 321,760
Prisma Medios de Pago S.A [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Non-current assets held for sale				414,778	$ 374,937
Dividends		$ 490,393
Prisma Medios de Pago S.A [member] | Other disposals of assets [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Equity interest was transferred	51.00%
Compaa Financiera Argentina SA and Cobranzas y Servicios SA [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Income tax impact for discontinued operations				$ 31,675
Compania Financiera Argentina S.A [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Final sale price			$ 1,527,013
Gain (loss) from the sale of business			(278,645)
Cobranzas y Servicios S.A [member]
Noncurrent Assets Held For Sale And Discontinued Operations [line items]
Final sale price			31,790
Gain (loss) from the sale of business			$ 18,889

XML

Non-current Assets Held for Sale and Discontinued Operations - Summary of Discontinued Operations (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Disclosure of Discontinued Operations [line items]
Assets	$ 569,691,898	$ 489,641,114	$ 450,614,394
Cash and Due from Banks	143,309,428	87,044,881	121,183,979
Equity Investments	161,054	111,923	187,135
Bank Property, Plant and Equipment	19,362,585	18,209,015	16,348,360
Intangible Assets	4,587,147	1,724,914	1,660,793
Liabilities	507,844,212	422,162,798	404,941,516
Deposits	360,097,275	296,367,356	277,077,562
Provisions	$ 1,449,323	897,260	709,213	$ 709,213
Equity Investments in Subsidiaries		1,818,559	2,252,519
Compania Financiera Argentina S.A [member]
Disclosure of Discontinued Operations [line items]
Equity Investments in Subsidiaries		1,805,658	2,239,617
Cobranzas y Servicios S.A [member]
Disclosure of Discontinued Operations [line items]
Equity Investments in Subsidiaries		12,901	$ 12,902
Discontinued operations [member] | Compania Financiera Argentina S.A [member]
Disclosure of Discontinued Operations [line items]
Assets		10,425,762
Cash and Due from Banks		754,856
Securities		30,911
Loans		9,058,863
Miscellaneous Receivables		383,937
Equity Investments		7,927
Bank Property, Plant and Equipment		73,093
Miscellaneous Assets		3,709
Intangible Assets		112,466
Liabilities		8,620,104
Deposits		2,603,478
Debt Securities		2,304,169
Other Liabilities Resulting from Financial Brokerage		3,039,665
Miscellaneous Liabilities		594,386
Provisions		78,406
Discontinued operations [member] | Cobranzas y Servicios S.A [member]
Disclosure of Discontinued Operations [line items]
Assets		55,103
Cash and Due from Banks		545
Securities		23,707
Miscellaneous Receivables		30,851
Liabilities		42,202
Miscellaneous Liabilities		$ 42,202

XML

Deposits - Summary of Deposits (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure Of Deposits [line items]
Deposits from customers	$ 360,097,275	$ 296,367,356	$ 277,077,562
Domestic currency deposits [member]
Disclosure Of Deposits [line items]
Deposits from customers	197,429,716	192,412,724	183,073,374
Domestic currency deposits [member] | Checking accounts [member]
Disclosure Of Deposits [line items]
Deposits from customers	39,854,371	48,899,103	51,553,662
Domestic currency deposits [member] | Savings accounts [member]
Disclosure Of Deposits [line items]
Deposits from customers	61,128,663	61,068,905	47,849,922
Domestic currency deposits [member] | Time deposits [member]
Disclosure Of Deposits [line items]
Deposits from customers	89,204,808	78,139,750	79,111,568
Domestic currency deposits [member] | Time deposits - UVA [member]
Disclosure Of Deposits [line items]
Deposits from customers	1,984,548	889,541	153,275
Domestic currency deposits [member] | Others [member]
Disclosure Of Deposits [line items]
Deposits from customers	1,273,540	1,307,966	2,780,765
Domestic currency deposits [member] | Interest and Adjustments [member]
Disclosure Of Deposits [line items]
Deposits from customers	3,983,786	2,107,459	1,624,182
Foreign currency deposits [member]
Disclosure Of Deposits [line items]
Deposits from customers	162,667,559	103,954,632	94,004,188
Foreign currency deposits [member] | Savings accounts [member]
Disclosure Of Deposits [line items]
Deposits from customers	137,762,699	87,181,645	50,026,752
Foreign currency deposits [member] | Time deposits [member]
Disclosure Of Deposits [line items]
Deposits from customers	24,064,063	16,162,106	12,356,404
Foreign currency deposits [member] | Others [member]
Disclosure Of Deposits [line items]
Deposits from customers	792,809	587,628	31,605,693
Foreign currency deposits [member] | Interest and Adjustments [member]
Disclosure Of Deposits [line items]
Deposits from customers	$ 47,988	$ 23,253	$ 15,339

XML

Other Financial Liabilities - Summary of Other Financial Liabilities (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	$ 63,235,042	$ 55,350,799	$ 57,094,776
Payables for purchases pending settlement [member]
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	1,512,197	1,597,375	1,993,765
Collections and other transactions on account of third parties [member]
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	7,646,888	4,649,744	5,891,142
Liabilities due to financing of purchases [member]
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	36,894,587	39,185,267	38,237,617
Payables for foreign currency purchase pending settlement [member]
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	14,409,983	7,455,274	9,124,786
Commissions accrued payable [member]
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	344,570	295,660	205,413
Miscellaneous subject to minimum cash requirements [member]
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	507,101	417,075	584,706
Miscellaneous not subject to minimum cash requirements [member]
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	1,195,353	918,298	507,406
Other Financial Liabilities [member]
Disclosure Of Other Financial Liabilities [line items]
Other Financial Liabilities	$ 724,363	$ 832,106	$ 549,941

XML

Loans from the Argentina Central Bank and Other Financial Institutions - Summary of Loans from the Argentina Central Bank and Other Financial Institutions (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of detailed information about borrowings [line items]
Total	$ 19,446,028	$ 11,618,302	$ 12,717,145
Loans from the Argentine Central Bank [member]
Disclosure of detailed information about borrowings [line items]
Total	28,675	22,623	23,450
Correspondents borrowings [member]
Disclosure of detailed information about borrowings [line items]
Total	1,583,638	614,362	2,104,863
Loans from Local Financial Institutions [member]
Disclosure of detailed information about borrowings [line items]
Total	5,719,582	3,552,963	6,511,273
Loans from Foreign Financial Institutions [member]
Disclosure of detailed information about borrowings [line items]
Total	7,474,069	6,056,735	3,840,658
Loans from International Entities [member]
Disclosure of detailed information about borrowings [line items]
Total	$ 4,640,064	$ 1,371,619	$ 236,901

XML

Loans from the Argentina Central Bank and Other Financial Institutions - Schedule of Credit Lines with Local and International Financial Institutions and Entities (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about borrowings [line items]
Notional Amount	$ 12,717,145	$ 19,446,028	$ 11,618,302
Local loans [member]
Disclosure of detailed information about borrowings [line items]
Notional Amount	6,578,602	5,748,257	3,575,586
International loan [member]
Disclosure of detailed information about borrowings [line items]
Notional Amount	$ 6,138,543	$ 13,697,771	$ 8,042,716
International loan [member] | Financial institutions and correspondents [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement		12.31.18
Term		2 days
Maturity Date		01.02.19
Notional Amount		$ 1,583,638
International loan [member] | IFC [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement		Miscellaneous
Term		945 days
Rate		5.78%
Maturity Date		Miscellaneous
Notional Amount		$ 4,591,008
International loan [member] | Pre financing [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement		Miscellaneous
Term		235 days
Rate		3.96%
Maturity Date		Miscellaneous
Notional Amount		$ 5,643,958
International loan [member] | IDB [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement		Miscellaneous
Term		351 days
Rate		4.44%
Maturity Date		Miscellaneous
Notional Amount		$ 1,879,167
Argentina, Pesos [member] | Local loans [member] | BICE [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	Miscellaneous	Miscellaneous	Miscellaneous
Term	1,648 days	1,838 days	1,875 days
Rate	23.67%	50.88%	23.84%
Maturity Date	Miscellaneous	Miscellaneous	Miscellaneous
Notional Amount	$ 2,174,110	$ 2,844,547	$ 3,253,133
Argentina, Pesos [member] | Local loans [member] | Call taken [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	12.30.16	12.28.18	12.28.17
Term	3 days	5 days	5 days
Rate	25.38%	55.94%	24.50%
Maturity Date	01.02.17	01.02.19	01.02.18
Notional Amount	$ 304,021	$ 804,056	$ 93,699
Argentina, Pesos [member] | Local loans [member] | Argentine Central Bank [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	12.30.16	12.28.18	12.28.17
Term	3 days	5 days	5 days
Maturity Date	01.02.17	01.02.19	01.02.18
Notional Amount	$ 21,180	$ 27,681	$ 21,565
Argentina, Pesos [member] | Local loans [member] | Other Lines [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	Miscellaneous	Miscellaneous	Miscellaneous
Term	490 days	364 days	365 days
Rate	28.44%	45.89%	27.95%
Maturity Date	Miscellaneous	Miscellaneous	Miscellaneous
Notional Amount	$ 4,025,742	$ 1,955,180	$ 202,276
Argentina, Pesos [member] | Local loans [member] | Financial institutions and correspondents [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	12.30.16
Term	3 days
Maturity Date	01.02.17
Notional Amount	$ 43,879
U.S. Dollar [member] | IDB [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement			Miscellaneous
Term			240 days
Rate			3.21%
Maturity Date			Miscellaneous
Notional Amount			$ 450,942
U.S. Dollar [member] | Local loans [member] | BICE [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	Miscellaneous	Miscellaneous	Miscellaneous
Term	1,170 days	1,792 days	1,086 days
Rate	4.50%	4.36%	3.38%
Maturity Date	Miscellaneous	Miscellaneous	Miscellaneous
Notional Amount	$ 7,400	$ 115,799	$ 3,855
U.S. Dollar [member] | Local loans [member] | Argentine Central Bank [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	12.30.16	12.18.18	12.28.17
Term	3 days	5 days	5 days
Maturity Date	01.02.17	01.02.19	01.02.18
Notional Amount	$ 2,270	$ 994	$ 1,058
U.S. Dollar [member] | International loan [member] | Financial institutions and correspondents [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	12.30.16		12.29.17
Term	3 days		4 days
Maturity Date	01.02.17		01.02.18
Notional Amount	$ 2,060,984		$ 614,362
U.S. Dollar [member] | International loan [member] | IFC [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	Miscellaneous		Miscellaneous
Term	1,209 days		1,085 days
Rate	5.80%		5.59%
Maturity Date	Miscellaneous		Miscellaneous
Notional Amount	$ 146,024		$ 1,247,368
U.S. Dollar [member] | International loan [member] | Pre financing [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	Miscellaneous		Miscellaneous
Term	267 days		208 days
Rate	2.57%		2.89%
Maturity Date	Miscellaneous		Miscellaneous
Notional Amount	$ 3,840,658		$ 5,701,293
U.S. Dollar [member] | International loan [member] | Proparco [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	Miscellaneous		Miscellaneous
Term	210 days		351 days
Rate	4.96%		4.96%
Maturity Date	Miscellaneous		Miscellaneous
Notional Amount	$ 90,877		$ 28,751

XML

Debt Securities - Summary of Breakdown of the Global Programs for the Issuance of Negotiable Obligations Outstanding (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2018 USD ($)
Grupo Financiero Galicia SA [member]
Disclosure of Breakdown for Issuance of Debt Securities Outstanding [Line Items]
Authorized Amount	$ 100,000
Type of Debt Securities	Simple debt securities, not convertible into shares
Term of Program	5 years
Date of Approval by Shareholders' Meeting	03.09.09 confirmed on 08.02.12
Approval by the C.N.V.	Resolution No. 16113 dated 04.29.09 and extended through Resolution No. 17343 dated 05.08.14 Authorization of the increase, Resolution No. 17064 dated 04.25.13
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Breakdown for Issuance of Debt Securities Outstanding [Line Items]
Authorized Amount	$ 2,100,000
Type of Debt Securities	Simple debt securities, not convertible into shares, subordinated or not, to be adjusted or not, secured or unsecured.
Term of Program	5 years
Date of Approval by Shareholders' Meeting	04.28.05, 04.14.10, 04.29.15 and 11.09.16
Approval by the C.N.V.	Resolution No. 15228 dated 11.04.05 and extended through Resolution No. 16454 dated 11.11.10 and Resolution No. 17883 dated 11.20.15. Increase of the amount approved by Resolutions Nos. 17883 dated 11.20.15, No. 18081 dated 06.10.16, No. 18480 dated 01.26.17 and No. 19520 dated 05.17.18
Tarjeta Naranja S.A. [member]
Disclosure of Breakdown for Issuance of Debt Securities Outstanding [Line Items]
Authorized Amount	$ 650,000
Type of Debt Securities	Simple debt securities, not convertible into shares
Term of Program	5 years
Date of Approval by Shareholders' Meeting	03.08.12
Approval by the C.N.V.	Resolution No. 16822 dated 05.23.12 and extended through Resolution No. 17676 dated 05.21.15.
Tarjeta Cuyanas S A [member]
Disclosure of Breakdown for Issuance of Debt Securities Outstanding [Line Items]
Authorized Amount	$ 250,000
Type of Debt Securities	Simple debt securities, not convertible into shares
Term of Program	5 years
Date of Approval by Shareholders' Meeting	03.30.10 confirmed on 04.06.10 and 02.15.13
Approval by the C.N.V.	Resolution No. 16328 dated 05.18.10 Authorization of the increase, Resolution No. 17072 dated 05.02.13

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Debt Securities - Summary of Unsubordinated Debt Securities Outstanding Issued Under the Global Programs (Detail) $ in Thousands		12 Months Ended
	Jan. 01, 2017 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2018 ARS ($)	Dec. 31, 2017 ARS ($)	Jan. 01, 2017 ARS ($)
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Face Value				$ 19,446,028	$ 11,618,302	$ 12,717,145
Carrying amount				29,983,653	20,279,165	21,848,460
Grupo Financiero Galicia SA [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Type		Simple debt securities, not convertible into shares
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Currency	US$		US$
Face Value	$ 250,000,000	$ 250,000,000	$ 250,000,000
Type		Simple debt securities, not convertible into shares, subordinated or not, to be adjusted or not, secured or unsecured.
Term	120 months	120 months	120 months
Maturity Date	-	-	-
Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Type		Simple debt securities, not convertible into shares
Global program for issuance of unsubordinated debt securities class five series two [member] | Grupo Financiero Galicia SA [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jan. 30, 2014
Currency	$
Face Value						78,200
Term	36 months
Maturity Date	01.31.17
Rate	Variable Badlar + 5.25%
Issuance Authorized by the C.N.V.	Apr. 25, 2013
Carrying amount						150,085
Type	Simple
Global program for issuance of unsubordinated debt securities class five series two [member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Apr. 26, 2018
Currency		$
Face Value				2,032,833
Type		Simple
Term		36 months
Issuance Authorized by the C.N.V.		Apr. 18, 2018
Carrying amount				2,174,984
Global Program For Issuance Of Unsubordinated Debt Securities Class Six Series Two [Member] | Grupo Financiero Galicia SA [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Oct. 23, 2014
Currency	$
Face Value						109,845
Term	36 months
Maturity Date	10.23.17
Rate	Variable Badlar +4.25%
Issuance Authorized by the C.N.V.	Oct. 03, 2014
Carrying amount						209,826
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Seven [Member] | Grupo Financiero Galicia SA [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jul. 27, 2015
Currency	$
Face Value						160,000
Term	24 months
Maturity Date	07.27.17
Rate	-1
Issuance Authorized by the C.N.V.	Jul. 16, 2015
Carrying amount						298,906
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Seven [Member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	May 04, 2011
Currency	US$
Face Value	$ 300,000,000
Term	84 months
Maturity Date	-
Rate	(2)(3)
Issuance Authorized by the C.N.V.	Apr. 14, 2011
Carrying amount						8,666,274
Type	Simple
Global program for issuance of unsubordinated debt securities class Twelve [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jan. 28, 2011
Currency	US$
Face Value	$ 200,000,000
Term	2192 days
Maturity Date	01.28.17
Rate	Annual Nominal Fixed at 9%
Issuance Authorized by the C.N.V.	Jan. 14, 2011
Carrying amount						2,024,736
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Four Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Feb. 26, 2014	May 05, 2016	May 05, 2016
Currency	$	$	$
Face Value				234,309	234,309	33,500
Type		Simple
Term	1096 days	1095 days	1095 days
Maturity Date	02.26.17	05.05.19	05.05.19
Rate	Variable Badlar + 5%	Minimum 37% Rate/ Badlar + 4.98%	Minimum 37% Rate/ Badlar + 4.98%
Issuance Authorized by the C.N.V.	Feb. 14, 2014	Apr. 22, 2016	Apr. 22, 2016
Carrying amount				172,255	305,617	63,583
Type	Simple		Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Four Series Two [member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	May 05, 2016
Currency	$
Term	1095 days
Maturity Date	05.05.19
Rate	Minimum 37% Rate/ Badlar 9 + 4.98%
Issuance Authorized by the C.N.V.	Apr. 22, 2016
Carrying amount						354,070
Type	Simple
Global program for issuance of unsubordinated debt securities class twenty eight series two [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jan. 22, 2015
Currency	$
Face Value						129,000
Term	731 days
Maturity Date	01.22.17
Rate	Variable Badlar + 4.5%
Issuance Authorized by the C.N.V.	Jan. 09, 2015
Carrying amount						48,759
Type	Simple
Global program for issuance of unsubordinated debt securities class twenty nine [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Apr. 27, 2015
Currency	$
Face Value						334,030
Term	731 days
Maturity Date	04.27.17
Rate	27.75% Mixed Rate/ Badlar + 4.5%
Issuance Authorized by the C.N.V.	Apr. 16, 2015
Carrying amount						320,917
Type	Simple
Global program for issuance of unsubordinated debt securities class thirty [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jun. 29, 2015
Currency	$
Face Value						400,000
Term	731 days
Maturity Date	06.29.17
Rate	27.75% Mixed Rate/ Badlar + 4.5%
Issuance Authorized by the C.N.V.	Jun. 18, 2015
Carrying amount						620,374
Type	Simple
Global program for issuance of unsubordinated debt securities class thirty one [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Oct. 19, 2015
Currency	$
Face Value						370,851
Term	548 days
Maturity Date	04.19.17
Rate	27% Mixed Rate/ Badlar + 4.5%
Issuance Authorized by the C.N.V.	Oct. 07, 2015
Carrying amount						348,211
Type	Simple
Global program for issuance of unsubordinated debt securities class thirty two [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jan. 20, 2016
Currency	$
Face Value						260,811
Term	639 days
Maturity Date	10.20.17
Rate	Variable Badlar +4.5%
Issuance Authorized by the C.N.V.	Oct. 07, 2015
Carrying amount						293,380
Type	Simple
Global program for issuance of unsubordinated debt securities class thirty three series one [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Apr. 13, 2016
Currency	$
Face Value						133,092
Term	548 days
Maturity Date	10.13.17
Rate	Minimum 37% Rate/ Badlar +4.5%
Issuance Authorized by the C.N.V.	Mar. 28, 2016
Carrying amount						231,198
Type	Simple
Global program for issuance of unsubordinated debt securities class thirty three series two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Apr. 13, 2016	Apr. 13, 2016	Apr. 13, 2016
Currency	$	$	$
Face Value				366,908	366,908	366,908
Type		Simple
Term	1095 days	1095 days	1095 days
Maturity Date	04.13.19	04.13.19	04.13.19
Rate	Minimum 37% Rate/ Badlar +5.4%	Minimum 37% Rate/Badlar +5.40%	Minimum 37% Rate/ Badlar +5.40%
Issuance Authorized by the C.N.V.	Mar. 28, 2016	Mar. 28, 2016	Mar. 28, 2016
Carrying amount				412,803	553,033	704,916
Type	Simple		Simple
Global program for issuance Of Unsubordinated Debt Securities Class Thirty Four Series One [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jun. 29, 2016
Currency	$
Face Value						124,603
Term	548 days
Maturity Date	12.29.17
Rate	Minimum 32% Rate/ Badlar +3.38%
Issuance Authorized by the C.N.V.	Jun. 21, 2016
Carrying amount						192,226
Type	Simple
Global program for issuance of unsubordinated debt securities class thirty four series two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jun. 29, 2016	Jun. 29, 2016	Jun. 29, 2016
Currency	$	$	$
Face Value				475,397	475,397	475,397
Type		Simple
Term	1461 days	1461 days	1461 days
Maturity Date	06.29.20	06.29.20	06.29.20
Rate	Minimum 32% Rate/ Badlar +4.67%	Minimum 32% Rate/ Badlar +4.67%	Minimum 32% Rate/ Badlar +4.67%
Issuance Authorized by the C.N.V.	Jun. 21, 2016	Jun. 21, 2016	Jun. 21, 2016
Carrying amount				541,106	697,050	859,445
Type	Simple		Simple
Global Program for Issuance of Unsubordinated Debt Securities Class Thirty Five Series One [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Sep. 27, 2016		Sep. 27, 2016
Currency	$		$
Face Value					225,611	225,611
Term	546 days		546 days
Maturity Date	03.27.18		03.27.18
Rate	Minimum 26% Rate/ Badlar +2.99%		Minimum 26% Rate/ Badlar +2.99%
Issuance Authorized by the C.N.V.	Sep. 15, 2016		Sep. 15, 2016
Carrying amount					335,414	413,913
Type	Simple		Simple
Global program for issuance of unsubordinated debt securities class thirty five series two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Sep. 27, 2016	Sep. 27, 2016	Sep. 27, 2016
Currency	$	$	$
Face Value				774,389	774,389	774,389
Type		Simple
Term	1461 days	1461 days	1461 days
Maturity Date	09.27.20	09.27.20	09.27.20
Rate	Minimum 26% Rate/ Badlar +3.99%	Minimum 26% Rate/ Badlar +3.99%	Minimum 26% Rate/ Badlar +3.99%
Issuance Authorized by the C.N.V.	Sep. 15, 2016	Sep. 15, 2016	Sep. 15, 2016
Carrying amount				728,000	1,117,422	1,385,944
Type	Simple		Simple
Global Program for Issuance of Unsubordinated Debt Securities Class Thirty Six Series One [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Dec. 07, 2016		Dec. 07, 2016
Currency	$		$
Face Value					210,571	210,571
Term	547 days		547 days
Maturity Date	06.07.18		06.07.18
Rate	Minimum 25.25% Rate/ Badlar +3.25%		Minimum 25.25% Rate/ Badlar + 3.25%
Issuance Authorized by the C.N.V.	Nov. 23, 2016		Nov. 23, 2016
Carrying amount					313,977	360,637
Type	Simple		Simple
Global program for issuance of unsubordinated debt securities class thirty six series two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Dec. 07, 2016	Dec. 07, 2016	Dec. 07, 2016
Currency	$	$	$
Face Value				636,409	636,409	636,409
Type		Simple
Term	1095 days	1095 days	1095 days
Maturity Date	12.07.19	12.07.19	12.07.19
Rate	Minimum 25.25% Rate/ Badlar +4%	Minimum 25.25% Rate/Badlar + 4%	Minimum 25.25% Rate/ Badlar + 4%
Issuance Authorized by the C.N.V.	Nov. 23, 2016	Nov. 23, 2016	Nov. 23, 2016
Carrying amount				648,695	922,082	1,023,720
Type	Simple		Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Nineteen Series Two [Member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Feb. 20, 2015
Currency	$
Term	731 days
Maturity Date	02.20.17
Rate	Variable Badlar + 7 4.95%
Issuance Authorized by the C.N.V.	Feb. 06, 2015
Carrying amount						19,218
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty one [Member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Aug. 12, 2015
Currency	$
Term	550 days
Maturity Date	02.12.17
Rate	Variable Badlar 7 +4.5%
Issuance Authorized by the C.N.V.	Jul. 29, 2015
Carrying amount						381,218
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty two [Member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Nov. 13, 2015
Currency	$
Term	547 days
Maturity Date	05.13.17
Rate	Variable Badlar + 7 4.25%
Issuance Authorized by the C.N.V.	Nov. 03, 2015
Carrying amount						570,817
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Three [Member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Mar. 16, 2016
Currency	$
Term	549 days
Maturity Date	09.16.17
Rate	Minimum 35.25% Rate/ Badlar 7 +4.99%
Issuance Authorized by the C.N.V.	Mar. 07, 2016
Carrying amount						302,381
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Four Series One [member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	May 05, 2016
Currency	$
Term	549 days
Maturity Date	11.05.17
Rate	Minimum 37% Rate/ Badlar 7 +4.08%
Issuance Authorized by the C.N.V.	Apr. 22, 2016
Carrying amount						125,645
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Five [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Jul. 26, 2016	Jul. 26, 2016
Currency		$	$
Face Value				400,000	400,000
Type		Simple
Term		1461 days	1461 days
Maturity Date		07.26.20	07.26.20
Rate		Minimum 30% Rate/ Badlar + 3.94%	Minimum 30% Rate/ Badlar + 3.94%
Issuance Authorized by the C.N.V.		Jul. 13, 2016	Jul. 13, 2016
Carrying amount				430,504	619,400
Type			Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Five [member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Jul. 26, 2016
Currency	$
Term	1461 days
Maturity Date	07.26.20
Rate	Minimum 30% Rate/ Badlar 0 + 3.94%
Issuance Authorized by the C.N.V.	Jul. 13, 2016
Carrying amount						677,665
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Six Series One [member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Oct. 24, 2016
Currency	$
Term	547 days
Maturity Date	04.24.18
Rate	Minimum 26% Rate/ Badlar 8 + 2.75%
Issuance Authorized by the C.N.V.	Oct. 14, 2016
Carrying amount						289,314
Type	Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Six Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Oct. 24, 2016	Oct. 24, 2016
Currency		$	$
Face Value				350,237	350,237
Type		Simple
Term		1461 days	1461 days
Maturity Date		10.24.20	10.24.20
Rate		Minimum 26% Rate/ Badlar + 4.00%	Minimum 26% Rate/ Badlar + 4%
Issuance Authorized by the C.N.V.		Oct. 14, 2016	Oct. 14, 2016
Carrying amount				358,563	448,220
Type			Simple
Global Program For Issuance Of Unsubordinated Debt Securities Class Twenty Six Series Two [member] | Tarjetas Cuyanas S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Oct. 24, 2016
Currency	$
Term	1461 days
Maturity Date	10.24.20
Rate	Minimum 26% Rate/ Badlar + 0 4%
Issuance Authorized by the C.N.V.	Oct. 14, 2016
Carrying amount						676,589
Type	Simple
Global program for issuance of unsubordinated debt securities class one [Member] | Tarjeta del Mar S.A.[member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement	Feb. 19, 2016
Currency	$
Term	18 months
Maturity Date	08.19.17
Rate	Variable Badlar 7 +4.5%
Issuance Authorized by the C.N.V.	Feb. 04, 2016
Carrying amount						$ 234,493
Type	Simple
Global program for issuance of unsubordinated debt securities class three [member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Feb. 17, 2017	Feb. 17, 2017
Currency		$	$
Face Value		$ 150,537,000	$ 150,537,000
Type		Simple
Term		36 months	36 months
Maturity Date			-
Issuance Authorized by the C.N.V.		Feb. 06, 2017	Feb. 06, 2017
Carrying amount				2,471,648	3,589,743
Type			Simple
Global program for issuance of unsubordinated debt securities class four [member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		May 18, 2017	May 18, 2017
Currency		$	$
Face Value				2,000,000	2,000,000
Type		Simple
Term		36 months	36 months
Maturity Date			-
Issuance Authorized by the C.N.V.		May 08, 2017	May 08, 2017
Carrying amount				2,126,523	3,037,480
Type			Simple
Global program for issuance ofunsubordinated debt securities class five series one [member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Apr. 26, 2018
Currency		$
Face Value				4,209,250
Type		Simple
Term		24 months
Issuance Authorized by the C.N.V.		Apr. 18, 2018
Carrying amount				4,898,450
Global program for issuance of unsubordinated debt securities class thirty seven [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Apr. 11, 2017	Apr. 11, 2017
Currency		$	$
Face Value				3,845,700	3,845,700
Type		Simple
Term		1826 days	1826 days
Maturity Date		04.11.22	04.11.22
Rate		Minimum 15% Rate/ Badlar + 3.50%	Minimum 15% Rate/ Badlar + 3.50%
Issuance Authorized by the C.N.V.		Mar. 30, 2017	Mar. 30, 2017
Carrying amount				4,083,446	5,940,224
Type			Simple
Global program for issuance of unsubordinated debt securities class thirty eight [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Nov. 13, 2017	Nov. 13, 2017
Currency		$	$
Face Value				503,333	503,333
Type		Simple
Term		546 days	546 days
Maturity Date		05.13.19	05.13.19
Rate		Minimum 29.05% Rate/MR20 + 4%	Minimum 29.05% Rate/ MR20 + 4%
Issuance Authorized by the C.N.V.		Nov. 07, 2017	Nov. 07, 2017
Carrying amount				538,056	762,789
Type			Simple
Global program for issuance of unsubordinated debt securities class thirty nine [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Feb. 14, 2018
Currency		$
Face Value				754,538
Type		Simple
Term		546 days
Maturity Date		09.14.19
Rate		Minimum 26.75% Rate/MR 20 +3.4%
Issuance Authorized by the C.N.V.		Feb. 02, 2018
Carrying amount				803,823
Global program for issuance of unsubordinated debt securities class ten series one [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Apr. 10, 2018
Currency		$
Face Value				597,500
Type		Simple
Term		546 days
Maturity Date		10.10.19
Rate		25.98% Fixed Rate
Issuance Authorized by the C.N.V.		Mar. 27, 2018
Carrying amount				708,732
Global Program For Issuance Of Unsubordinated Debt Securities Class Ten Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Apr. 10, 2018
Currency		$
Face Value				1,402,500
Type		Simple
Term		914 days
Maturity Date		10.10.20
Rate		Minimum 27% Rate/ Badlar + 3.69%
Issuance Authorized by the C.N.V.		Mar. 27, 2018
Carrying amount				1,547,760
Global program for issuance of unsubordinated debt securities class ten one series one [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Nov. 15, 2018
Currency		$
Face Value				854,102
Type		Simple
Term		365 days
Maturity Date		11.15.19
Rate		54% Fixed Rate
Carrying amount				905,479
Global Program For Issuance Of Unsubordinated Debt Securities Class Ten One Series Two [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Nov. 15, 2018
Currency		$
Face Value				343,555
Type		Simple
Term		547 days
Maturity Date		05.15.20
Rate		Badlar + 10%
Carrying amount				346,775
Global Program For Issuance Of Unsubordinated Debt Securities Class Ten Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Dec. 17, 2018
Currency		$
Face Value				1,266,303
Type		Simple
Term		287 days
Maturity Date		09.30.19
Rate		58% Fixed Rate
Carrying amount				1,234,147
Global Program For Issuance Of Unsubordinated Debt Securities Twenty Seven Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Feb. 10, 2017	Feb. 10, 2017
Currency		$	$
Face Value				500,000	500,000
Type		Simple
Term		1095 days	1095 days
Maturity Date		02.10.20	02.10.20
Rate		Minimum 23.5% Rate/ Badlar + 3.50%	Minimum 23.5% Rate/ Badlar + 3.5%
Issuance Authorized by the C.N.V.		Feb. 02, 2017	Feb. 02, 2017
Carrying amount				500,457	761,711
Type			Simple
Global Program For Issuance Of Unsubordinated Debt Securities Twenty Eight Series One [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Jun. 17, 2017	Jun. 09, 2017
Currency		$	$
Face Value				128,175	128,175
Type		Simple
Term		730 days	730 days
Maturity Date		06.09.19	06.09.19
Rate		Minimum 25% Rate/ Badlar + 3.05%	Minimum 25% Rate/ Badlar + 3.05%
Issuance Authorized by the C.N.V.		May 29, 2017	May 29, 2017
Carrying amount				126,755	192,243
Type			Simple
Global Program For Issuance Of Unsubordinated Debt Securities Twenty Eight Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement		Jun. 09, 2017	Jun. 09, 2017
Currency		$	$
Face Value				371,825	371,825
Type		Simple
Term		1461 days	1461 days
Maturity Date		06.09.21	06.09.21
Rate		Minimum 25% Rate/ Badlar + 3.70%	Minimum 25% Rate/ Badlar + 3.7%
Issuance Authorized by the C.N.V.		May 29, 2017	May 29, 2017
Carrying amount				$ 374,000	451,047
Type			Simple
Global Program for Issuance of Unsubordinated Debt Securities Twenty Six Series One [Member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Date of Placement			Oct. 24, 2016
Currency			$
Face Value					149,763
Term			547 days
Maturity Date			04.24.18
Rate			Minimum 26% Rate/ Badlar + 2.75%
Issuance Authorized by the C.N.V.			Oct. 14, 2016
Carrying amount					$ 231,713
Type			Simple

XML

Debt Securities - Summary of Unsubordinated Debt Securities Outstanding Issued Under the Global Programs (Parenthetical) (Detail) - ARS ($) $ in Thousands	May 04, 2017	Dec. 31, 2018	Jul. 26, 2018	Dec. 31, 2017	Aug. 18, 2017	May 17, 2017	Jan. 01, 2017
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Convertible amount		$ 2,360,360		$ 2,360,360
Variable rate			3.50%		2.98%	2.69%
Annual nominal fixed rate		25.98%
Percentage of residual face value	100.00%
Fixed rate maturing in 9 months [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Annual nominal fixed rate							27.00%
Variable rate maturing in 15 months [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Annual nominal fixed rate							4.25%
Private Badlar [member] | Weighted average [member] | Floating interest rate [member]
Disclosure of Unsubordinated Debt Securities Outstanding [Line Items]
Variable rate					2.98%	2.69%

XML

Debt Securities - Additional Information (Detail) $ in Thousands		12 Months Ended
	Jan. 01, 2017 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2018 ARS ($)	Dec. 31, 2017 ARS ($)	Jan. 01, 2017 ARS ($)
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Carrying amount				$ 29,983,653	$ 20,279,165	$ 21,848,460
Face Value				$ 19,446,028	$ 11,618,302	$ 12,717,145
Interest rate		25.98%		25.98%
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value	$ 250,000,000	$ 250,000,000	$ 250,000,000
Negotiable obligation outstanding maturity term	120 months	120 months	120 months
Banco De Galicia Y Buenos Aires S.A.U. [member] | Green Bond [Member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Carrying amount				$ 3,850,692
Description of debt instrument interest payment		On June 21, 2018, Banco de Galicia y Buenos Aires S.A.U. issued the "Green Bond" which was entirely acquired by the International Finance Corporation. The Green Bond is a 7-year facility, with interest payable every six months. The Green Bond has a 36-month grace period in respect of the repayment of principal, followed by payments in 9 installments due every six months.
Banco De Galicia Y Buenos Aires S.A.U. [member] | Global Program for Issuance of Unsubordinated Negotiable Obligations Class Six [Member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		$ 82,713,000
Interest rate		4.80%		4.80%
Negotiable obligation outstanding maturity term		7 months

XML

Debt Securities - Summary of Repurchases of Own Debt Securities (Detail) $ in Thousands	Dec. 31, 2018 USD ($)	Dec. 31, 2018 ARS ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2017 ARS ($)	Jan. 01, 2017 USD ($)	Jan. 01, 2017 ARS ($)
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		$ 19,446,028		$ 11,618,302		$ 12,717,145
Carrying amount		29,983,653		20,279,165		21,848,460
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value	$ 250,000,000		$ 250,000,000		$ 250,000,000
Issuance of Own Debt Securities Class Three [member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		2,335		290
Carrying amount		36,437		6,863
Issuance of Own Debt Securities Class Five Series Two [member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		48,000
Carrying amount		47,178
Issuance of Own Debt Securities Class Thirty Five Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		51,500		15,500		17,500
Carrying amount		49,783		23,786		32,460
Issuance of Own Debt Securities Class Thirty Six Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		10,000		20,000		85,228
Carrying amount		10,546		31,372		159,460
Issuance of Own Debt Securities Class Thirty Seven [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		11,783
Carrying amount		184,535
Issuance of Own Debt Securities Class Thirty Eight [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		3,870		2,000
Carrying amount		4,135		3,040
Issuance of Own Debt Securities Class Thirty Nine [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		5,000
Carrying amount		5,351
Issuance of Own Debt Securities Class Forty [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		16,000
Carrying amount		17,504
Issuance of Own Debt Securities Class Forty One Series One [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		1,000
Carrying amount		936
Issuance of Own Debt Securities Class Forty One Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		19,000
Carrying amount		20,227
Issuance of Own Debt Securities Class Forty Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		50,000
Carrying amount		54,389
Issuance of Own Debt Securities Class Twenty Four Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		80,000		35,000		49,000
Carrying amount		82,947		55,333		94,683
Issuance of Own Debt Securities Class Twenty Five Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		9,000
Carrying amount		8,984
Issuance of Own Debt Securities Class Twenty Six Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		25,000		60,540
Carrying amount		27,027		94,889
Issuance of Own Debt Securities Class Twenty Seven Series One [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		36,761
Carrying amount		37,282
Issuance of Own Debt Securities Class Twenty Seven Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		5,488		2,871
Carrying amount		5,757		4,251
Issuance Of Own Debt Securities Class Twenty Eight Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value		8,254		66,659		35,000
Carrying amount		8,501		106,851		22,463
Own debt securities repurchases [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Carrying amount		$ 601,519		353,952		1,576,080
Issuance Of Own Debt Securities Class Thirty Three Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value				13,231		3,184
Carrying amount				21,313		6,335
Issuance Of Own Debt Securities Class Thirty Four Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value				2,111		6,111
Carrying amount				3,270		11,286
Issuance Of Own Debt Securities Class Thirty Six Series One [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value				2,000		16,610
Carrying amount				$ 2,984		30,984
Issuance Of Own Debt Securities Class Seven [member] | Grupo Financiero Galicia SA [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						3,000
Carrying amount						5,776
Issuance Of Own Debt Securities Class [member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value					7,865,000
Carrying amount						241,671
Issuance Of Own Debt Securities Class Thirteen [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value					$ 3,998,000
Carrying amount						40,031
Issuance Of Own Debt Securities Class Twenty Nine [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						3,500
Carrying amount						6,729
Issuance Of Own Debt Securities Class Thirty [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						65,900
Carrying amount						119,696
Issuance Of Own Debt Securities Class Thirty One [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						20,730
Carrying amount						40,109
Issuance Of Own Debt Securities Class Thirty Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						109,257
Carrying amount						211,429
Issuance Of Own Debt Securities Class Thirty Three Series One [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						14,000
Carrying amount						27,250
Issuance Of Own Debt Securities Class Thirty Four Series One [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						20,000
Carrying amount						36,717
Issuance Of Own Debt Securities Class Nineteen Series Two [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						65,500
Carrying amount						123,871
Issuance Of Own Debt Securities Class Twenty One [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						31,383
Carrying amount						60,648
Issuance Of Own Debt Securities Class Twenty Three [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						79,243
Carrying amount						148,408
Issuance Of Own Debt Securities Class Twenty Five [member] | Tarjeta Naranja S.A. [member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						52,000
Carrying amount						99,338
Issuance Of Own Debt Securities Class One [member] | Tarjeta del Mar S.A.[member]
Disclosure of Unsubordinated Negotiable Obligations Outstanding [Line Items]
Face Value						30,259
Carrying amount						$ 56,736

XML

Subordinated Debt Securities - Summary of Subordinated Negotiable Obligations Not Convertible Into Shares Issued Under Global Programs (Detail) $ in Thousands		12 Months Ended
	Jan. 01, 2017 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2018 ARS ($)	Dec. 31, 2017 ARS ($)	Jan. 01, 2017 ARS ($)
Disclosure of detailed information about borrowings [line items]
Face Value				$ 19,446,028	$ 11,618,302	$ 12,717,145
Rate		25.98%		25.98%
Carrying Amount				$ 9,767,874	$ 7,128,356	$ 7,490,444
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of detailed information about borrowings [line items]
Date of Placement	Jul. 19, 2016	Jul. 19, 2016	Jul. 19, 2016
Currency	US$		US$
Class No.	0	0	0	0	0	0
Face Value	$ 250,000,000	$ 250,000,000	$ 250,000,000
Term	120 months	120 months	120 months
Maturity Date	-	-	-
Issuance Authorized by the C.N.V.	Jun. 23, 2016	Jun. 23, 2016	Jun. 23, 2016
Carrying Amount				$ 9,767,874	$ 7,128,356	$ 7,490,444

XML

Subordinated Debt Securities - Summary of Subordinated Negotiable Obligations Not Convertible Into Shares Issued Under Global Programs (Parenthetical) (Detail)		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about borrowings [line items]
Interest rate		25.98%
Maturing on July 19 ,2026 [member]
Disclosure of detailed information about borrowings [line items]
Percentage of principal amount	100.00%	100.00%	100.00%
Maturing on July 19, 2021 [member]
Disclosure of detailed information about borrowings [line items]
Interest rate	8.25%	8.25%	8.25%
Interest payable semi-annually on January 9 and July 19 2017 [member]
Disclosure of detailed information about borrowings [line items]
Interest rate	7.156%	7.156%	7.156%

XML

Provisions - Summary of Provisions (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Disclosure of other provisions [abstract]
For Administrative, Disciplinary and Criminal Penalties	$ 5,306	$ 7,357	$ 10,134
For Termination Benefits	86,926	109,295	83,322
Others	1,357,091	780,608	615,757
Total	$ 1,449,323	$ 897,260	$ 709,213	$ 709,213

XML

Provisions - Summary of Changes in Provisions (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of other provisions [abstract]
Beginning balance	$ 897,260	$ 709,213
Increases		554,042
Decrease in Reversals		(48,493)
Decreases in Uses		(148,917)
Inflation effect		(168,585)
Ending balance	$ 1,449,323	$ 897,260

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Other Non-financial Liabilities - Summary of Other Non-financial Liabilities (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	$ 11,471,530	$ 21,142,454	$ 18,525,957
Withholdings and additional withholdings payable [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	2,901,402	2,781,222	3,212,628
Salaries and social security contributions payable [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	2,841,885	2,227,181	2,153,525
Withholdings payable on salaries [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	185,625	160,765	205,275
Value added tax [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	527,563	519,125	492,704
Sundry creditors [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	1,601,166	3,558,480	1,267,562
Liabilities for assets held for sale [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities		8,662,306	8,662,306
Tax payable [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	1,930,074	1,920,028	1,390,508
Liabilities arising from contracts with customers [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	1,071,636	1,061,197	834,413
Other non-financial liabilities [member]
Disclosure of other non-financial liabilities [line items]
Other Non-financial Liabilities	$ 412,179	$ 252,150	$ 307,036

XML

Other Non-financial Liabilities - Additional Information (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Quiero [member]
Disclosure of other non-financial liabilities [line items]
Deferred income	$ 918,375	$ 1,061,197	$ 834,413

XML

Other Non-financial Liabilities - Summary of Estimated Use of Liability (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of other non-financial liabilities [line items]
Liabilities	$ 507,844,212	$ 422,162,798	$ 404,941,516
Quiero [member]
Disclosure of other non-financial liabilities [line items]
Liabilities	918,375
Not later than one year [member] | Quiero [member]
Disclosure of other non-financial liabilities [line items]
Liabilities	394,901
Later than one year and not later than two years [member] | Quiero [member]
Disclosure of other non-financial liabilities [line items]
Liabilities	330,615
Later than Two Years [member] | Quiero [member]
Disclosure of other non-financial liabilities [line items]
Liabilities	$ 192,859

XML

Capital Stock - Additional Information (Detail) - Class B ordinary shares [member] $ / shares in Units, $ in Thousands					12 Months Ended
	Oct. 02, 2017 ARS ($)	Sep. 26, 2017 USD ($) shares	Sep. 07, 2017 $ / shares shares	Aug. 15, 2017 $ / shares shares	Dec. 31, 2018 USD ($)	Oct. 02, 2017 USD ($) shares
Disclosure of Capital Stock [line items]
Ordinary shares				150,000,000
Par value per share | $ / shares			$ 1	$ 1
Number of shares in initial public offering			130,434,600
Number of shares in public offering		109,999,996	19,565,190
Face value of public offering shares | $ / shares			$ 1
Subscribed price | $		$ 5				$ 5
Number of shares subscribed						16,500,004
Increase in capital due to share subscription	$ 11,004,383				$ 17,212,307,000
Expense related to share subscription	$ 146,347				$ 229,358,000

XML

Gold and Foreign Currency Quotation Differences - Summary of Gold and Foreign Currency Quotation Differences (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure Of Transactions In Foreign Currency [line items]
Gains losses on exchange differences on translation recognised in profit or loss	$ 3,777,071	$ 3,478,861
Foreign currency brokerage [member]
Disclosure Of Transactions In Foreign Currency [line items]
Gains losses on exchange differences on translation recognised in profit or loss	5,989,359	2,942,860
Valuation of foreign currency assets and liabilities [member]
Disclosure Of Transactions In Foreign Currency [line items]
Gains losses on exchange differences on translation recognised in profit or loss	$ (2,212,288)	$ 536,001

XML

Other Operating Income - Summary of Other Operating Income (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure Of Other Operating Income [line items]
Other Operating Income	$ 11,571,913	$ 8,996,632
Commission on product package [member]
Disclosure Of Other Operating Income [line items]
Other Operating Income	2,730,875	2,803,596
Other adjustments and interest from miscellaneous receivables [member]
Disclosure Of Other Operating Income [line items]
Other Operating Income	1,599,459	456,234
Rental of safe deposit boxes [member]
Disclosure Of Other Operating Income [line items]
Other Operating Income	516,123	512,318
Other Financial Income [member]
Disclosure Of Other Operating Income [line items]
Other Operating Income	168,571	58,113
Other income from services [member]
Disclosure Of Other Operating Income [line items]
Other Operating Income	4,081,817	3,176,518
Other [member]
Disclosure Of Other Operating Income [line items]
Other Operating Income	$ 2,475,068	$ 1,989,853

XML

Underwriting Income from Insurance Business - Summary of Underwriting Income from Insurance Business (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of types of insurance contracts [abstract]
Premiums and Surcharges Accrued	$ 4,687,242	$ 5,260,902
Claims Accrued	(535,888)	(604,908)
Surrenders	(5,770)	(7,564)
Life and Ordinary Annuities	(8,541)	(9,182)
Underwriting and Operating Expenses	(1,285,007)	(1,299,507)
Other Income and Expenses	17,283	(24,829)
Total	$ 2,869,319	$ 3,314,912

XML

Personnel Expenses - Summary of Personnel Expenses (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of personnel expenses [line items]
Personnel Expenses	$ 17,026,247	$ 17,088,672
Salaries [member]
Disclosure of personnel expenses [line items]
Personnel Expenses	11,657,815	11,513,774
Social Security Contributions on Salaries [member]
Disclosure of personnel expenses [line items]
Personnel Expenses	1,715,592	1,840,448
Severance Payments and Personnel Bonuses [member]
Disclosure of personnel expenses [line items]
Personnel Expenses	2,730,047	2,908,611
Personnel Services [member]
Disclosure of personnel expenses [line items]
Personnel Expenses	538,941	448,431
Other Short Term Employee Benefits [member]
Disclosure of personnel expenses [line items]
Personnel Expenses	328,052	$ 377,408
Other Long-term Employee Benefits [member]
Disclosure of personnel expenses [line items]
Personnel Expenses	$ 55,800

XML

Administrative Expenses - Summary of Expenses by Nature and Function (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	$ 16,079,154	$ 14,423,557
Fees and compensation for services [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	1,216,542	518,772
Directors and syndics fees [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	174,191	134,483
Advertising and publicity [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	1,278,061	1,237,729
Taxes [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	3,369,396	3,522,967
Maintenance and repairs [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	1,415,585	1,035,880
Electricity and communications [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	961,421	920,058
Entertainment and transportation expenses [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	102,326	130,526
Stationery and office supplies [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	210,613	201,747
Rentals [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	826,357	738,382
Administrative services hired [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	1,293,996	1,286,759
Security [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	558,520	624,814
Insurance [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	454,476	455,360
Others [member]
Summary Of Expenses By Nature Administrative Expenses [line items]
Administrative Expenses	$ 4,217,670	$ 3,616,080

XML

Depreciation and Impairment of Assets - Summary of Depreciation and Impairment of Assets (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Depreciation amortization and impairment [abstract]
Depreciation of Property, Plant and Equipment	$ 1,115,673	$ 1,040,438
Amortization of Organization and Development Expenses	533,430	394,885
Others	2,872	4,117
Total	$ 1,651,975	$ 1,439,440

XML

Other Operating Expenses - Summary of Other Operating Expenses (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of other operating expenses [line items]
Other Operating Expenses	$ 16,899,065	$ 14,605,226
Turnover tax [member]
Disclosure of other operating expenses [line items]
Other Operating Expenses	8,647,616	6,976,566
Contributions to the guarantee fund [member]
Disclosure of other operating expenses [line items]
Other Operating Expenses	510,843	438,487
Charges for Other Provisions [member]
Disclosure of other operating expenses [line items]
Other Operating Expenses	1,056,171	360,530
Claims [member]
Disclosure of other operating expenses [line items]
Other Operating Expenses	310,406	199,172
Other Financial Income [member]
Disclosure of other operating expenses [line items]
Other Operating Expenses	546,541	319,634
Other Expenses from Services [member]
Disclosure of other operating expenses [line items]
Other Operating Expenses	5,069,626	4,796,835
Other expenses [member]
Disclosure of other operating expenses [line items]
Other Operating Expenses	$ 757,862	$ 1,514,002

XML

Income Tax/Deferred Tax - Summary of Reconciliation of Income Tax Charged to Income (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Major components of tax expense (income) [abstract]
Income for the Year Before Income Tax	$ (3,027,209)	$ (14,483,807)
Effective Tax Rate	30.00%	35.00%
Income (Loss) for the Year at the Tax Rate	$ (908,163)	$ (5,069,332)
Permanent Differences at the Tax Rate	0	0
- Income (Loss) from Equity Instruments	207,417	93,519
- Non-taxable Income (Loss)	180,588	94,244
- Donations and Other Non-deductible Expenses	(65,921)	(82,312)
- Other	(406,621)	(302,991)
- Allowance for Impairment	(1,888)	211,250
- Fines		(63)
- Inflation effect	(6,410,820)	(3,303,793)
- Law 27430 Rate Adjustment	461,207	718,691
Total Income Tax Charge for the Year	(6,944,201)	(7,640,787)
Current Income Tax	(6,921,400)	(6,971,658)
Deferred Tax Charge	397,187	(730,095)
Allowance for Impairment	(1,888)	211,250
Adjustment to Prior-Year Tax Return	(82,340)	(151,496)
Law 27430 Adjustment	(335,760)	1,212
Total Income Tax Charge for the Year	$ (6,944,201)	$ (7,640,787)

XML

Income Tax/Deferred Tax - Summary of Current Income Tax Liabilities (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Major components of tax expense (income) [abstract]
Current Income Tax	$ (6,921,400)	$ (6,971,658)
Tax Advances	3,463,791	3,393,129
Current Income Tax Liabilities	$ (3,457,609)	$ (3,578,529)	$ (3,159,343)

XML

Income Tax/Deferred Tax - Additional Information (Detail) - ARS ($) $ in Thousands		12 Months Ended					24 Months Ended
	Jan. 01, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2016	Dec. 31, 2014	Dec. 31, 2019
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Recovery of income tax paid					$ 944,338	$ 433,815
Income tax rate				35.00%
Tax rate on dividends generated by beneficiaries	35.00%
Real estate [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Percentage of personal property and remaining assets qualify as inventories				8.00%
Percentage of real estate qualify as inventories				15.00%
Personal property and other assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Percentage of personal property and remaining assets qualify as inventories				10.00%
Changes in tax rates or tax laws enacted or announced [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Income tax rate		25.00%	30.00%
Tax rate on dividends		13.00%					7.00%

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Dividends - Additional Information (Detail) - ARS ($) $ / shares in Units, $ in Thousands	Dec. 31, 2018	Apr. 24, 2018	Dec. 31, 2017	Apr. 25, 2017
Disclosure of dividend [abstract]
Dividend	$ 1,616,849	$ 1,200,000	$ 405,825	$ 240,000
Dividend per share		$ 0.84		$ 0.18

XML

Earnings Per Share - Schedule of Earnings Per Share (Detail) - ARS ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Earnings per share [abstract]
Net Income for the Year Attributable to owners of the Parent	$ (3,465,822)	$ 6,793,588
Weighted Average Common Shares	1,426,765	1,332,617
Income per Share	$ (2.43)	$ 5.10

XML

Segment Reporting - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2018 Segments
Disclosure of operating segments [abstract]
Number of geographic segments	1

XML

Segment Reporting - Summary of Operating Segments (Income Statement) (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of operating segments [line items]
Net Income from interest	$ 33,363,463	$ 29,874,035
Net fee Income (Expense)	20,238,163	22,145,626
Net Income from Financial Instruments measured at fair value through Profit or Loss	17,352,718	8,461,338
Income from Derecognition of Assets Measured at Amortized Cost	221,639
Gold and Foreign Currency Quotation Differences	3,777,071	3,478,861
Other Operating Income	11,571,913	8,996,632
Underwriting Income from Insurance Business	2,869,319	3,314,912
Loan and other Receivables Loss Provisions	(16,299,727)	(7,293,856)
Personnel Expenses	(17,026,247)	(17,088,672)
Administrative Expenses	(16,079,154)	(14,423,557)
Depreciation and Impairment of Assets	(1,651,975)	(1,439,440)
Other Operating Expenses	(16,899,065)	(14,605,226)
Loss on net monetary position	(18,063,668)	(6,823,296)
Operating Income	3,374,450	14,597,357
Share of profit from Associates and Joint Ventures		321,182
Income before Taxes from Continuing Operations	3,374,450	14,918,539
Income Tax from Continuing Operations	(6,912,526)	(7,319,027)
Net Income from Continuing Operations	(3,538,076)	7,599,512
Income from Discontinued Operations	(259,756)	0
Income Tax from Discontinued Operations	(31,675)	(321,760)
Net (Loss) / Income for the Year	(3,829,507)	7,277,752
Other Comprehensive Income (Loss)	(87,485)	(434,732)
Net Income for the Year Attributable to Non-controlling Interests	363,685	(484,164)
Net Income (Loss) for the Year Attributable to owners of the Parent	(3,553,307)	6,358,856
Operating segments [member] | Banks [member]
Disclosure of operating segments [line items]
Net Income from interest	23,616,496	19,724,848
Net fee Income (Expense)	12,476,489	12,163,079
Net Income from Financial Instruments measured at fair value through Profit or Loss	16,047,772	6,725,615
Income from Derecognition of Assets Measured at Amortized Cost	221,639
Gold and Foreign Currency Quotation Differences	3,735,237	3,316,161
Other Operating Income	6,960,582	5,082,425
Loan and other Receivables Loss Provisions	(10,872,910)	(3,898,951)
Personnel Expenses	(11,544,850)	(11,355,757)
Administrative Expenses	(10,466,492)	(9,287,356)
Depreciation and Impairment of Assets	(1,019,284)	(917,564)
Other Operating Expenses	(12,823,603)	(10,506,788)
Loss on net monetary position	(11,204,647)	(2,629,379)
Operating Income	5,126,429	8,416,333
Share of profit from Associates and Joint Ventures	44,146	2,048,332
Income before Taxes from Continuing Operations	5,170,575	10,464,665
Income Tax from Continuing Operations	(6,636,632)	(4,478,396)
Net Income from Continuing Operations	(1,466,057)	5,986,269
Income from Discontinued Operations	(225,501)
Income Tax from Discontinued Operations	(30,306)	(321,760)
Net (Loss) / Income for the Year	(1,721,864)	5,664,509
Other Comprehensive Income (Loss)	(78,249)	(454,753)
Net Income for the Year Attributable to Non-controlling Interests	59
Net Income (Loss) for the Year Attributable to owners of the Parent	(1,800,054)	5,209,756
Operating segments [member] | Regional Credit Cards [member]
Disclosure of operating segments [line items]
Net Income from interest	9,178,072	9,550,812
Net fee Income (Expense)	8,930,089	10,028,406
Net Income from Financial Instruments measured at fair value through Profit or Loss	885,187	616,589
Gold and Foreign Currency Quotation Differences	(50,793)	17,642
Other Operating Income	3,682,154	4,057,565
Loan and other Receivables Loss Provisions	(5,348,897)	(3,272,811)
Personnel Expenses	(4,791,219)	(5,010,769)
Administrative Expenses	(4,955,287)	(4,516,331)
Depreciation and Impairment of Assets	(533,666)	(460,394)
Other Operating Expenses	(4,004,676)	(4,019,688)
Loss on net monetary position	(3,844,676)	(2,140,368)
Operating Income	(853,712)	4,850,653
Income before Taxes from Continuing Operations	(853,712)	4,850,653
Income Tax from Continuing Operations	(1,285,983)	(2,721,222)
Net Income from Continuing Operations	(2,139,695)	2,129,431
Net (Loss) / Income for the Year	(2,139,695)	2,129,431
Net Income for the Year Attributable to Non-controlling Interests	372	105
Net Income (Loss) for the Year Attributable to owners of the Parent	(2,139,323)	2,129,536
Operating segments [member] | Insurance [member]
Disclosure of operating segments [line items]
Net Income from interest	423,260	427,948
Net Income from Financial Instruments measured at fair value through Profit or Loss	21,800	(16,744)
Gold and Foreign Currency Quotation Differences	4,139	1,986
Other Operating Income	163,789	72,879
Underwriting Income from Insurance Business	1,612,319	1,704,918
Loan and other Receivables Loss Provisions	(77,920)
Personnel Expenses	(574,795)	(551,418)
Administrative Expenses	(408,662)	(450,112)
Depreciation and Impairment of Assets	(91,474)	(48,335)
Other Operating Expenses	(402)	(1,614)
Loss on net monetary position	(560,529)	(346,257)
Operating Income	511,525	793,251
Share of profit from Associates and Joint Ventures		3,318
Income before Taxes from Continuing Operations	511,525	796,569
Income Tax from Continuing Operations	(309,769)	(411,465)
Net Income from Continuing Operations	201,756	385,104
Net (Loss) / Income for the Year	201,756	385,104
Other Comprehensive Income (Loss)	(10,555)	23,053
Net Income (Loss) for the Year Attributable to owners of the Parent	191,201	408,157
Operating segments [member] | Other businesses [member]
Disclosure of operating segments [line items]
Net Income from interest	117,660	127,966
Net fee Income (Expense)	(1,493)	(2,847)
Net Income from Financial Instruments measured at fair value through Profit or Loss	397,959	1,130,565
Gold and Foreign Currency Quotation Differences	88,488	143,072
Other Operating Income	615,585	1,372,584
Underwriting Income from Insurance Business		7,320
Loan and other Receivables Loss Provisions		(122,094)
Personnel Expenses	(115,383)	(170,728)
Administrative Expenses	(279,696)	(198,830)
Depreciation and Impairment of Assets	(7,551)	(13,147)
Other Operating Expenses	(70,384)	(77,241)
Loss on net monetary position	(2,453,816)	(1,707,292)
Operating Income	(1,708,631)	489,328
Share of profit from Associates and Joint Ventures	(18,065)
Income before Taxes from Continuing Operations	(1,726,696)	489,328
Income Tax from Continuing Operations	1,319,858	292,056
Net Income from Continuing Operations	(406,838)	781,384
Income from Discontinued Operations	(34,255)
Income Tax from Discontinued Operations	(1,369)
Net (Loss) / Income for the Year	(442,462)	781,384
Other Comprehensive Income (Loss)	(87,485)	(3,032)
Net Income for the Year Attributable to Non-controlling Interests		5,866
Net Income (Loss) for the Year Attributable to owners of the Parent	(529,947)	784,218
Adjustments [member]
Disclosure of operating segments [line items]
Net Income from interest	27,975	42,461
Net fee Income (Expense)	(1,166,922)	(43,012)
Net Income from Financial Instruments measured at fair value through Profit or Loss		5,313
Other Operating Income	149,803	(1,588,821)
Underwriting Income from Insurance Business	1,257,000	1,602,674
Administrative Expenses	30,983	29,072
Other Operating Expenses		105
Operating Income	298,839	47,792
Share of profit from Associates and Joint Ventures	(26,081)	(1,730,468)
Income before Taxes from Continuing Operations	272,758	(1,682,676)
Net Income from Continuing Operations	272,758	(1,682,676)
Net (Loss) / Income for the Year	272,758	(1,682,676)
Other Comprehensive Income (Loss)	88,804
Net Income for the Year Attributable to Non-controlling Interests	363,254	(490,135)
Net Income (Loss) for the Year Attributable to owners of the Parent	$ 724,816	$ (2,172,811)

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Segment Reporting - Summary of Operating Segments ( Balance Sheet ) (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Assets
Cash and Due from Banks	$ 143,309,428	$ 87,044,881	$ 121,183,979
Debt Securities at fair value through profit or loss	75,935,163	42,747,797	28,817,744
Derivative Financial Instruments	1,785,640	775,674	229,436
Repo Transactions	2,068,076	14,286,336
Other Financial Assets	9,047,932	10,339,256	6,719,581
Loans and Other Financing	282,710,068	284,354,759	245,703,421
Other Debt Securities	14,424,134	4,182,537	3,183,852
Financial Assets Pledged as Collateral	10,817,492	9,346,788	10,095,593
Current Income Tax Assets	94,918	134,740	234,931
Investments in Equity Instruments	161,054	111,923	187,135
Equity Investments in Associates and Joint Ventures			286,802
Property, Plant and Equipment	19,362,585	18,209,015	16,348,360
Intangible Assets	4,587,147	1,724,914	1,660,793
Deferred Income Tax Assets	972,975	762,570	1,035,260
Assets for Insurance Contracts	982,502	1,021,703	988,723
Other Non-financialAssets	2,824,769	3,738,130	3,019,668
Non-current Assets Held for Sale	608,015	10,860,091	10,919,116
TOTAL ASSETS	569,691,898	489,641,114	450,614,394
Liabilities
Deposits	360,097,275	296,367,356	277,077,562
Liabilities at fair value through Profit or Loss	2,144,664		0
Derivative Financial Instruments	1,835,789	846,331	290,384
Repo Transactions	1,948,559	1,670,059	3,030,473
Other Financial Liabilities	63,235,042	55,350,799	57,094,776
Loans from the Argentine Central Bank and Other Financial Institutions	19,446,028	11,618,302	12,717,145
Debt Securities	29,983,653	20,279,165	21,848,460
Current Income Tax Liabilities	3,457,609	3,578,529	3,159,343
Subordinated Debt Securities	9,767,874	7,128,356	7,490,444
Provisions	1,449,323	897,260	709,213	$ 709,213
Deferred Income Tax Liabilities	1,903,646	2,088,540	1,843,597
Liabilities for Insurance Contracts	1,103,220	1,195,647	1,154,162
Other Non-financialLiabilities	11,471,530	21,142,454	18,525,957
TOTAL LIABILITIES	507,844,212	422,162,798	404,941,516
Operating segments [member] | Banks [member]
Assets
Cash and Due from Banks	142,049,436	86,314,938	120,510,951
Debt Securities at fair value through profit or loss	75,911,796	39,232,822	27,893,048
Derivative Financial Instruments	1,785,640	775,674	229,436
Repo Transactions	2,068,076	14,286,336
Other Financial Assets	4,691,607	6,035,372	3,118,715
Loans and Other Financing	243,232,186	237,690,649	195,873,323
Other Debt Securities	13,630,604	3,306,706	1,860,045
Financial Assets Pledged as Collateral	10,812,499	9,339,920	9,870,728
Current Income Tax Assets	2,267,500	1,856,223	3,967
Investments in Equity Instruments	159,602	111,923	125,962
Equity Investments in Associates and Joint Ventures	397,754	10,340,901	9,614,493
Property, Plant and Equipment	9,869,201	16,203,040	14,289,988
Intangible Assets	3,259,794	1,098,519	1,109,456
Other Non-financialAssets	798,367	3,097,128	2,369,045
Non-current Assets Held for Sale	404,106	8,506,288	10,593,323
TOTAL ASSETS	511,338,168	438,196,439	397,462,480
Liabilities
Deposits	361,445,778	296,596,968	277,560,473
Liabilities at fair value through Profit or Loss	2,685,471
Derivative Financial Instruments	1,835,789	863,514	264,172
Repo Transactions	1,948,559	1,670,059	3,030,473
Other Financial Liabilities	40,976,456	31,345,885	31,465,537
Loans from the Argentine Central Bank and Other Financial Institutions	17,490,792	11,410,915	8,647,524
Debt Securities	15,527,765	6,627,223	8,731,727
Current Income Tax Liabilities	5,442,791	3,862,407	1,824,390
Subordinated Debt Securities	9,767,874	7,128,356	7,490,444
Provisions	1,248,998	665,288	467,831
Deferred Income Tax Liabilities	289,493	1,941,104	1,667,167
Other Non-financialLiabilities	8,709,240	15,177,593	15,379,938
TOTAL LIABILITIES	467,369,006	377,289,312	356,529,676
Operating segments [member] | Regional Credit Cards [member]
Assets
Cash and Due from Banks	1,364,452	801,270	855,572
Debt Securities at fair value through profit or loss		370,046	137,324
Other Financial Assets	3,677,018	3,202,795	3,919,010
Loans and Other Financing	44,050,906	47,421,104	48,933,879
Financial Assets Pledged as Collateral	4,993	6,868	224,692
Current Income Tax Assets	11,939	30,227	27,474
Property, Plant and Equipment	1,806,613	1,724,338	1,716,579
Intangible Assets	645,580	532,156	485,282
Deferred Income Tax Assets	868,671	705,405	942,720
Other Non-financialAssets	283,307	286,272	169,999
TOTAL ASSETS	52,713,479	55,080,481	57,412,531
Liabilities
Derivative Financial Instruments			217,832
Other Financial Liabilities	23,419,918	24,409,668	25,149,569
Loans from the Argentine Central Bank and Other Financial Institutions	1,955,180	490,169	3,991,530
Debt Securities	14,979,260	13,999,030	13,536,489
Current Income Tax Liabilities	38,137	1,028,814	750,927
Provisions	64,997	71,258	89,496
Other Non-financialLiabilities	2,122,183	2,230,117	2,299,474
TOTAL LIABILITIES	42,579,675	42,229,056	46,035,317
Operating segments [member] | Insurance [member]
Assets
Cash and Due from Banks	55,184	34,593	117,750
Debt Securities at fair value through profit or loss	83,476	1,060,464	1,912,151
Other Financial Assets	234,656	278,548	231,213
Loans and Other Financing	426,159	20,631	47,379
Other Debt Securities	990,929	688,814	381,793
Current Income Tax Assets	82,004	126,227	182,291
Equity Investments in Associates and Joint Ventures			27,115
Property, Plant and Equipment	294,461	271,373	289,207
Intangible Assets	89,798	94,136	63,345
Deferred Income Tax Assets	99,867	52,556	64,865
Assets for Insurance Contracts	982,502	1,021,703	960,393
Other Non-financialAssets	18,669	5,308	19,509
TOTAL ASSETS	3,357,705	3,654,353	4,297,011
Liabilities
Loans from the Argentine Central Bank and Other Financial Institutions	56		12,948
Debt Securities		5,111
Current Income Tax Liabilities	203,147	237,944	443,077
Provisions	78,328	82,382	54,048
Deferred Income Tax Liabilities	106,709	61,587	51,870
Liabilities for Insurance Contracts	1,146,515	1,195,647	1,229,435
Other Non-financialLiabilities	420,273	402,746	522,863
TOTAL LIABILITIES	1,955,028	1,985,417	2,314,241
Operating segments [member] | Other businesses [member]
Assets
Cash and Due from Banks	93,007	91,521	165,275
Debt Securities at fair value through profit or loss	81,501	2,349,286	275,098
Derivative Financial Instruments		17,183
Other Financial Assets	503,650	1,107,730	613,070
Loans and Other Financing	(1,887,892)	19,375	2,436,269
Other Debt Securities	(65,632)	263,322	942,014
Financial Assets Pledged as Collateral			173
Current Income Tax Assets	(2,266,525)	(1,873,897)	21,199
Investments in Equity Instruments	1,452		61,173
Equity Investments in Associates and Joint Ventures	59,395,513	63,094,393	2,325,267
Property, Plant and Equipment	7,392,310	10,264	52,586
Intangible Assets	591,975	103	2,710
Deferred Income Tax Assets	4,437	4,609	27,675
Assets for Insurance Contracts			28,330
Other Non-financialAssets	1,724,421	355,961	375,930
Non-current Assets Held for Sale	203,909	2,353,803	67,191
TOTAL ASSETS	65,772,126	67,793,653	7,393,960
Liabilities
Derivative Financial Instruments			9,297
Other Financial Liabilities	36,311	291,371	1,354,339
Loans from the Argentine Central Bank and Other Financial Institutions		(282,083)	420,188
Debt Securities		(11,074)	955,820
Current Income Tax Liabilities	(2,226,466)	(1,550,636)	140,949
Provisions	57,000	78,332	97,838
Deferred Income Tax Liabilities	1,507,444	85,849	124,560
Liabilities for Insurance Contracts		34,704
Other Non-financialLiabilities	246,661	2,642,765	547,281
TOTAL LIABILITIES	(379,050)	1,289,228	3,650,272
Adjustments [member]
Assets
Cash and Due from Banks	(252,651)	(197,441)	(465,569)
Debt Securities at fair value through profit or loss	(141,610)	(264,821)	(1,399,877)
Derivative Financial Instruments		(17,183)
Other Financial Assets	(58,999)	(285,189)	(1,162,427)
Loans and Other Financing	(3,111,291)	(797,000)	(1,587,429)
Other Debt Securities	(131,767)	(76,305)
Current Income Tax Assets		(4,040)
Equity Investments in Associates and Joint Ventures	(59,793,267)	(73,435,294)	(11,680,073)
Other Non-financialAssets	5	(6,539)	85,185
Non-current Assets Held for Sale			258,602
TOTAL ASSETS	(63,489,580)	(75,083,812)	(15,951,588)
Liabilities
Deposits	(1,348,503)	(229,612)	(482,911)
Liabilities at fair value through Profit or Loss	(540,807)
Derivative Financial Instruments		(17,183)	(200,917)
Other Financial Liabilities	(1,197,643)	(696,125)	(874,669)
Loans from the Argentine Central Bank and Other Financial Institutions		(699)	(355,045)
Debt Securities	(523,372)	(341,125)	(1,375,576)
Liabilities for Insurance Contracts	(43,295)	(34,704)	(75,273)
Other Non-financialLiabilities	(26,827)	689,233	(223,599)
TOTAL LIABILITIES	$ (3,680,447)	$ (630,215)	$ (3,587,990)

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Capital Management and Risk Policies - Summary of Regulatory Capital (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of regulatory capital [abstract]
Core Capital	$ 36,584,326	$ 22,581,424
Tier 1 Common Capital	41,863,969	26,244,839
Deductible Items	(5,279,643)	(3,663,415)
Additional Tier 1 Capital	0	0
Supplementary Capital	12,745,132	6,947,945
Tier 2 Capital	12,745,132	6,947,945
Deductible Items	0	0
Computable Regulatory Capital (R.P.C.)	$ 49,329,458	$ 29,529,369

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Capital Management and Risk Policies - Summary of Breakdown of Minimum Capital Requirement (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of regulatory capital [abstract]
Credit Risk	$ 22,170,572	$ 17,263,077
Market Risk	969,226	1,126,159
Operational Risk	4,023,443	4,220,503
Minimum Capital Requirement	27,163,241	22,609,739
Paid-in	49,329,458	29,529,369
Excess	$ 22,166,217	$ 6,919,630

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Capital Management and Risk Policies - Summary of Estimated Risk for Each Type of Instrument (Detail) $ in Millions	Dec. 31, 2018 ARS ($)
Currency risk [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Estimated risk	$ 78
Fixed income risk [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Estimated risk	61
Interest rate risk [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Estimated risk	110
Variable income risk [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Estimated risk	$ 1

XML

Capital Management and Risk Policies - Summary of Exposure to Foreign Exchange Risk as of Year End by Type of Currency (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of Foreign Exchange Risk Factor [Line items]
Derivatives	$ 1,835,789	$ 846,331	$ 290,384
Currency risk [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Monetary Financial Assets	195,965	127,166
Monetary Financial Liabilities	(197,119)	(120,387)
Derivatives	101	(4,155)
Net Position	(1,053)	2,624
U.S. Dollar [member] | Currency risk [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Monetary Financial Assets	196,546	126,277
Monetary Financial Liabilities	(199,229)	(120,163)
Derivatives	101	(4,155)
Net Position	(2,582)	1,959
Euro [member] | Currency risk [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Monetary Financial Assets	(557)	793
Monetary Financial Liabilities	1,998	(208)
Net Position	1,441	585
Canadian Dollar [member] | Currency risk [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Monetary Financial Assets	(9)	30
Monetary Financial Liabilities	42	(6)
Net Position	33	24
Real [member] | Currency risk [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Monetary Financial Assets		18
Net Position		18
Swiss franc [member] | Currency risk [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Monetary Financial Assets	(13)	16
Monetary Financial Liabilities	21	(9)
Net Position	8	7
Others [member] | Currency risk [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Monetary Financial Assets	(2)	32
Monetary Financial Liabilities	49	(1)
Net Position	$ 47	$ 31

XML

Capital Management and Risk Policies - Summary of Exposure to Foreign Exchange Risk as of Year End by Change in Type of Currency (Detail) - ARS ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Disclosure of Foreign Exchange Risk Factor [Line items]
Net (Loss) / Income for the Year	$ (3,829,507,000)	$ 7,277,752,000
Shareholders' Equity	$ 61,847,686,000	67,478,316,000	$ 45,672,878,000	$ 45,672,878,000
Currency risk [member] | Top of range [member] | U.S. Dollar [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	10.00%
Net (Loss) / Income for the Year	$ (258)	196
Shareholders' Equity	$ (2,848)	2,154
Currency risk [member] | Top of range [member] | Euro [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	10.00%
Net (Loss) / Income for the Year	$ 143	59
Shareholders' Equity	$ 1,575	644
Currency risk [member] | Top of range [member] | Canadian Dollar [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	10.00%
Net (Loss) / Income for the Year	$ 3	3
Shareholders' Equity	$ 366	27
Currency risk [member] | Top of range [member] | Real [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	10.00%
Net (Loss) / Income for the Year		1
Shareholders' Equity		21
Currency risk [member] | Top of range [member] | Swiss franc [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	10.00%
Net (Loss) / Income for the Year	$ 1
Shareholders' Equity	$ 9	7
Currency risk [member] | Top of range [member] | Others [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	10.00%
Net (Loss) / Income for the Year	$ 5	3
Shareholders' Equity	$ 53	35
Currency risk [member] | Bottom of range [member] | U.S. Dollar [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	(10.00%)
Net (Loss) / Income for the Year	$ 258	(196)
Shareholders' Equity	$ (2,323)	1,763
Currency risk [member] | Bottom of range [member] | Euro [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	(10.00%)
Net (Loss) / Income for the Year	$ (143)	(59)
Shareholders' Equity	$ 1,289	527
Currency risk [member] | Bottom of range [member] | Canadian Dollar [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	(10.00%)
Net (Loss) / Income for the Year	$ (3)	(3)
Shareholders' Equity	$ 30	21
Currency risk [member] | Bottom of range [member] | Real [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	(10.00%)
Net (Loss) / Income for the Year		(1)
Shareholders' Equity		16
Currency risk [member] | Bottom of range [member] | Swiss franc [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	(10.00%)
Net (Loss) / Income for the Year	$ (1)
Shareholders' Equity	$ 7	6
Currency risk [member] | Bottom of range [member] | Others [member]
Disclosure of Foreign Exchange Risk Factor [Line items]
Change percentage	(10.00%)
Net (Loss) / Income for the Year	$ (5)	(3)
Shareholders' Equity	$ 43	$ 30

XML

Capital Management and Risk Policies - Schedule of Residual Value of Assets and Liabilities, Classified by Interest Renegotiation Date or Maturity Date (Detail) - Interest rate risk [member] - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of financial instruments by type of interest rate [line items]
Total Financial Assets	$ 482,179,543	$ 380,430,618
Total Financial Liabilities	447,798,938	363,434,965
Net Amount	34,380,605
Less than one month [member]
Disclosure of financial instruments by type of interest rate [line items]
Total Financial Assets	205,717,873	229,078,934
Total Financial Liabilities	317,505,256	247,229,636
Net Amount	(111,787,383)	(18,150,702)
3 months [member]
Disclosure of financial instruments by type of interest rate [line items]
Total Financial Assets	31,633,572	48,709,932
Total Financial Liabilities	27,996,087	30,430,892
Net Amount	3,637,485	18,279,040
6 months [member]
Disclosure of financial instruments by type of interest rate [line items]
Total Financial Assets	33,104,131	38,560,371
Total Financial Liabilities	7,287,605	8,610,522
Net Amount	25,816,526	29,949,849
Later than six months and not later than twelve months [member]
Disclosure of financial instruments by type of interest rate [line items]
Total Financial Assets	43,318,473	41,915,133
Total Financial Liabilities	4,351,288	7,702,696
Net Amount	38,967,185	34,212,437
Later than one year [member]
Disclosure of financial instruments by type of interest rate [line items]
Total Financial Assets	168,405,494	22,166,248
Total Financial Liabilities	90,658,702	$ 69,461,219
Net Amount	$ 77,746,792

XML

Capital Management and Risk Policies - Schedule of Sensitivity to Potential Additional Changes in Interest Rates (Detail) - Interest rate risk [member]	12 Months Ended
	Dec. 31, 2018 ARS ($)
Decrease In Interest Rate [member]
Disclosure of sensitivity analysis market risk [line items]
Additional Changes to the Interest Rate	(1.00%)
Increase/(Decrease) in Income before Income Tax in Pesos	$ (144,653)
Increase/(Decrease) in Shareholders' Equity in Pesos	$ (0.004)
Increase In Interest Rate [member]
Disclosure of sensitivity analysis market risk [line items]
Additional Changes to the Interest Rate	1.00%
Increase/(Decrease) in Income before Income Tax in Pesos	$ 144,653
Increase/(Decrease) in Shareholders' Equity in Pesos	$ 0.004

XML

Capital Management and Risk Policies - Schedule of Analysis of Maturities of Assets and Liabilities (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Assets
Derivative Financial Instruments	$ 1,785,640	$ 775,674	$ 229,436
Other Financial Assets	9,047,932	10,339,256	6,719,581
Loans and Other Financing	282,710,068	284,354,759	245,703,421
Investments in equity instruments		81,109	131,099
Liabilities
Liabilities at fair value through Profit or Loss	2,144,664		0
Derivative Financial Instruments	1,835,789	846,331	290,384
Other Financial Liabilities	63,235,042	55,350,799	57,094,776
Subordinated Debt Securities	9,767,874	7,128,356	$ 7,490,444
Liquidity risk [member]
Assets
Debt Securities measured at Fair Value through Profit or Loss	78,664,909	42,916,915
Derivative Financial Instruments	1,785,640	775,674
Repo Transactions	2,112,250	14,286,336
Other Financial Assets	9,056,190	10,214,745
Loans and Other Financing	326,813,938	321,067,145
Other Debt Securities	14,491,625	3,999,205
Financial Assets Pledged as Collateral	10,817,492	9,346,788
Investments in equity instruments	161,064
Liabilities
Deposits	367,050,538	300,921,313
Liabilities at fair value through Profit or Loss	2,144,664
Derivative Financial Instruments	1,835,789	846,331
Repo Transactions	1,948,559	1,670,059
Other Financial Liabilities	63,279,034	57,997,972
Loans from the Argentine Central Bank and Other Financial Institutions	25,872,286	41,842,654
Debt Securities	49,707,899	26,705,573
Subordinated Debt Securities	15,569,878	7,420,376
Liquidity risk [member] | Less than one month [member]
Assets
Debt Securities measured at Fair Value through Profit or Loss	76,849,406	40,822,900
Derivative Financial Instruments	1,785,640	775,674
Repo Transactions	2,112,250	14,286,336
Other Financial Assets	9,056,190	10,214,745
Loans and Other Financing	93,109,786	94,765,477
Other Debt Securities	14,491,625	3,999,205
Financial Assets Pledged as Collateral	10,817,492	9,346,788
Investments in equity instruments	161,064
Liabilities
Deposits	334,200,194	269,207,286
Liabilities at fair value through Profit or Loss	2,144,664
Derivative Financial Instruments	1,835,789	846,331
Repo Transactions	1,948,559	1,670,059
Other Financial Liabilities	63,065,272	57,997,972
Loans from the Argentine Central Bank and Other Financial Institutions	7,013,910	14,142,054
Debt Securities	1,301,031
Subordinated Debt Securities	384,557	257,269
Liquidity risk [member] | Later than one month and not later than six months [member]
Assets
Debt Securities measured at Fair Value through Profit or Loss	249,268	316,471
Loans and Other Financing	102,383,777	100,466,108
Liabilities
Deposits	29,585,189	24,546,832
Other Financial Liabilities	27,072
Loans from the Argentine Central Bank and Other Financial Institutions	8,149,083	17,263,524
Debt Securities	7,657,224	2,620,071
Subordinated Debt Securities		7,163,107
Liquidity risk [member] | Later than six months and not later than twelve months [member]
Assets
Debt Securities measured at Fair Value through Profit or Loss	373,823	156,817
Loans and Other Financing	55,974,479	50,269,774
Liabilities
Deposits	3,188,378	7,021,479
Other Financial Liabilities	33,365
Loans from the Argentine Central Bank and Other Financial Institutions	3,181,270	3,285,039
Debt Securities	13,262,785	1,564,903
Subordinated Debt Securities	384,557
Liquidity risk [member] | Later than one year and not later than five years [member]
Assets
Debt Securities measured at Fair Value through Profit or Loss	1,035,345	1,423,261
Loans and Other Financing	65,838,369	66,942,156
Liabilities
Deposits	76,741	145,716
Other Financial Liabilities	146,180
Loans from the Argentine Central Bank and Other Financial Institutions	7,455,499	6,949,390
Debt Securities	26,226,582	22,520,599
Subordinated Debt Securities	3,378,758
Liquidity risk [member] | Later than five years [member]
Assets
Debt Securities measured at Fair Value through Profit or Loss	157,067	197,466
Loans and Other Financing	9,507,527	8,623,630
Liabilities
Deposits	36
Other Financial Liabilities	7,145
Loans from the Argentine Central Bank and Other Financial Institutions	72,524	$ 202,647
Debt Securities	1,260,277
Subordinated Debt Securities	$ 11,422,006

XML

Capital Management and Risk Policies - Schedule of Credit Quality of Debt Securities (Detail) - Credit risk [member] - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	$ 75,935,163	$ 42,747,797
AAA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	3,668,954	9,326,422
Aaa [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	36,622	565
Aaa.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	196,475	117,712
AA+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	58,041	1,153,208
AA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	283,224	864,685
AA(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	11,161	54,610
raAA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	447,942
AA- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	276	310,416
A+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	142,196	188,641
A1.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	14,063	21,456
A [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	73,397	24,040
A(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	29,450	104,592
A- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	41,041	55,729
A3.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	146,997	279,262
BBB+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	1,326	4,483
Baal.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	14,848
BBB [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	47,610	1,104
BBB(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	31,173
BBB- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	266,229	1,289,436
Baa3.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	113,517	2,096,012
B+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	511
B- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	3,098	29,711
CCC(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	209,248
No rating [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	70,097,764	26,367,677
AAA(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		33,736
raAAA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		37,322
Aa2.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		56,894
Aa3.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		13,338
A2.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		3,783
Baa1.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		281,969
raBBB [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		1,506
Baa2.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		24,140
B2.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		5,348
Government bonds [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	1,485,407	1,252,988
Government bonds [member] | AAA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	1,473,352	1,252,988
Government bonds [member] | BBB [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	11,544
Government bonds [member] | B+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	511
Provincial bonds [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	983,795	3,689,954
Provincial bonds [member] | raAA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	447,942
Provincial bonds [member] | A3.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	146,997	279,262
Provincial bonds [member] | BBB [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	9,110	1,104
Provincial bonds [member] | BBB- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	266,229	1,289,436
Provincial bonds [member] | Baa3.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	113,517	2,096,012
Provincial bonds [member] | Baa2.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		24,140
Autonomous city of buenos aires bonds [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	42,239	1,131,770
Autonomous city of buenos aires bonds [member] | AA+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	37,166	1,030,605
Autonomous city of buenos aires bonds [member] | AA- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		35,488
Autonomous city of buenos aires bonds [member] | Baal.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	5,073
Autonomous city of buenos aires bonds [member] | Baa1.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		65,677
Treasury bills [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	2,188,365	7,848,448
Treasury bills [member] | AAA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	2,116,944	7,848,448
Treasury bills [member] | A+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	1,071
Treasury bills [member] | A [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	70,350
Argentine Central Banks Bills [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	70,097,764	26,367,677
Argentine Central Banks Bills [member] | No rating [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	70,097,764	26,367,677
Private securities [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	1,137,593	2,456,960
Private securities [member] | AAA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	78,658	224,986
Private securities [member] | Aaa [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	36,622	565
Private securities [member] | Aaa.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	196,475	117,712
Private securities [member] | AA+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	20,875	122,603
Private securities [member] | AA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	283,224	864,685
Private securities [member] | AA(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	11,161	54,610
Private securities [member] | AA- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	276	274,928
Private securities [member] | A+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	141,125	188,641
Private securities [member] | A1.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	14,063	21,456
Private securities [member] | A [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	3,047	24,040
Private securities [member] | A(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	29,450	104,592
Private securities [member] | A- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	41,041	55,729
Private securities [member] | BBB+ [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	1,326	4,483
Private securities [member] | Baal.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	9,775
Private securities [member] | BBB [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	26,956
Private securities [member] | BBB(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	31,173
Private securities [member] | B- [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	3,098	29,711
Private securities [member] | CCC(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities	$ 209,248
Private securities [member] | AAA(arg) [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		33,736
Private securities [member] | raAAA [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		37,322
Private securities [member] | Aa2.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		56,894
Private securities [member] | Aa3.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		13,338
Private securities [member] | A2.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		3,783
Private securities [member] | Baa1.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		216,292
Private securities [member] | raBBB [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		1,506
Private securities [member] | B2.ar [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit quality of debt securities		$ 5,348

XML

Capital Management and Risk Policies - Summary of Retail Portfolios (Detail)	12 Months Ended
	Dec. 31, 2018
Retail Portfolio [member] | Greater than 6% [member]
Disclosure of Credit Quality of Debt Securities [line items]
Extra conditions to be considered stage 2	-Cure -Between 30 and 90 past due days
Retail Portfolio [member] | Less than 6% [member]
Disclosure of Credit Quality of Debt Securities [line items]
Extra conditions to be considered stage 2	-It does not apply to defaulted clients
Retail Like Portfolio [member] | A, AA, AA+, B, BB, BBB [member]
Disclosure of Credit Quality of Debt Securities [line items]
Extra conditions to be considered stage 2	-Cure -Between 30 and 90 past due days
Retail Like Portfolio [member] | C, CC, CCC [member]
Disclosure of Credit Quality of Debt Securities [line items]
Extra conditions to be considered stage 2	-It does not apply to defaulted clients
Wholesale Portfolio [member] | A, AA, AA+, B, BB, BBB [member]
Disclosure of Credit Quality of Debt Securities [line items]
Extra conditions to be considered stage 2	- B.C.R.A. situation B1
Wholesale Portfolio [member] | C, CC, CCC [member]
Disclosure of Credit Quality of Debt Securities [line items]
Extra conditions to be considered stage 2	-It does not apply to defaulted clients

XML

Capital Management and Risk Policies - Additional information (Detail)	12 Months Ended
	Dec. 31, 2018
Disclosure Of Credit Quality Of Debt Securities [abstract]
Percentage of central scenario probability of occurrence	70.00%
Percentage of downside scenario probability of occurrence	15.00%
Percentage of upside scenario probability of occurrence	15.00%

XML

Capital Management and Risk Policies - Summary of key macroeconomic variables (Detail)	12 Months Ended
	Dec. 31, 2018
Disclosure of Credit Quality of Debt Securities [line items]
Inflation Rate (IPC)	35.00%
Unemployment Rate	5.00%
Interest Rate	70.00%
PIB	1.86%
Current account	(11.21%)
Base [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	1.40%
Inflation Rate (IPC)	25.00%
Exchange Rate	20.00%
Unemployment Rate	(4.30%)
Interest Rate	(29.20%)
Real Salary	2.40%
PIB	2.60%
Current account	19.10%
Upside [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	6.20%
Inflation Rate (IPC)	20.00%
Exchange Rate	15.30%
Unemployment Rate	(15.70%)
Interest Rate	(45.80%)
Real Salary	4.30%
PIB	6.20%
Current account	44.90%
Downside [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	(1.80%)
Inflation Rate (IPC)	40.00%
Exchange Rate	56.70%
Unemployment Rate	38.60%
Interest Rate	14.60%
Real Salary	(5.20%)
PIB	(1.80%)
Current account	(77.80%)
Q II - 2019 [member] | Base [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	(7.70%)
Inflation Rate (IPC)	47.30%
Exchange Rate	99.20%
Unemployment Rate	13.10%
Interest Rate	79.70%
Real Salary	(9.50%)
PIB	(7.00%)
Current account	(64.90%)
Q II - 2019 [member] | Upside [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	(6.60%)
Inflation Rate (IPC)	43.50%
Exchange Rate	96.30%
Unemployment Rate	10.40%
Interest Rate	71.00%
Real Salary	(8.80%)
PIB	(2.30%)
Current account	(50.70%)
Q II - 2019 [member] | Downside [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	(8.50%)
Inflation Rate (IPC)	47.70%
Exchange Rate	115.80%
Unemployment Rate	22.90%
Interest Rate	102.70%
Real Salary	(11.20%)
PIB	(7.10%)
Current account	(54.60%)
Q III - 2019 [member] | Base [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	(1.70%)
Inflation Rate (IPC)	43.80%
Exchange Rate	58.50%
Unemployment Rate	4.00%
Interest Rate	22.70%
Real Salary	(7.10%)
PIB	(1.50%)
Current account	(87.20%)
Q III - 2019 [member] | Upside [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	0.60%
Inflation Rate (IPC)	38.00%
Exchange Rate	54.60%
Unemployment Rate	(0.90%)
Interest Rate	9.60%
Real Salary	(6.50%)
PIB	1.50%
Current account	(86.80%)
Q III - 2019 [member] | Downside [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	(3.30%)
Inflation Rate (IPC)	46.30%
Exchange Rate	84.30%
Unemployment Rate	22.50%
Interest Rate	57.00%
Real Salary	(11.30%)
PIB	(3.70%)
Current account	(97.80%)
Q IV - 2019 [member] | Base [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	(1.20%)
Inflation Rate (IPC)	32.40%
Exchange Rate	14.30%
Unemployment Rate	0.30%
Interest Rate	(16.40%)
Real Salary	1.00%
PIB	(0.10%)
Current account	(45.00%)
Q IV - 2019 [member] | Upside [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	2.30%
Inflation Rate (IPC)	26.00%
Exchange Rate	9.90%
Unemployment Rate	(7.60%)
Interest Rate	(30.70%)
Real Salary	2.60%
PIB	2.90%
Current account	(64.50%)
Q IV - 2019 [member] | Downside [member]
Disclosure of Credit Quality of Debt Securities [line items]
Monthly Estimator of Economic Activity (EMAE)	(3.50%)
Inflation Rate (IPC)	41.70%
Exchange Rate	40.60%
Unemployment Rate	30.00%
Interest Rate	21.20%
Real Salary	(5.10%)
PIB	(3.50%)
Current account	(92.90%)

XML

Capital Management and Risk Policies - Summary of Scenario Probabilities (Detail)	12 Months Ended
	Dec. 31, 2018
Retail, Retail Like and Wholesale [member]
Disclosure of Credit Quality of Debt Securities [line items]
Base	70.00%
Optimistic	15.00%
Pessimistic	15.00%
Tarjeta Naranja [member]
Disclosure of Credit Quality of Debt Securities [line items]
Base	70.00%
Optimistic	15.00%
Pessimistic	15.00%

XML

Capital Management and Risk Policies Summary of Sensitivity Analysis to Assess Impact of Volatility on Macroeconomic Variables on Expected Credit Losses (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2018 ARS ($)
Disclosure of maturity analysis for derivative financial liabilities [line items]
Macroeconomic scenario probability	70.00%
PIB	1.86%
Inflation	35.00%
Nominal exchange rate	29.87%
Unemployment	5.00%
Current account	(11.21%)
GFG ECL [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Base scenario amount	$ 15,782,416
Sensitivity analysis amount	16,547,663
Retail, Retail Like and Wholesale [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Base scenario amount	10,475,119
Sensitivity analysis amount	10,596,393
Naranja [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Base scenario amount	5,307,297
Sensitivity analysis amount	5,497,757
GFG ECL [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Effect of Change in forecast amount	16,515,901
Retail, Retail Like and Wholesale [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Effect of Change in forecast amount	11,193,327
Naranja [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Effect of Change in forecast amount	$ 5,322,574
Positive [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Macroeconomic scenario probability	15.00%
PIB	4.73%
Inflation	25.00%
Nominal exchange rate	20.00%
Unemployment	10.00%
Current account	(29.25%)
Negative [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Macroeconomic scenario probability	15.00%
PIB	(6.75%)
Inflation	50.00%
Nominal exchange rate	81.82%
Unemployment	20.00%
Current account	(82.00%)
Regular Scenario[member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Base scenario rate	70.00%
Sensitivity analysis rate	45.00%
Positive Scenario [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Base scenario rate	15.00%
Sensitivity analysis rate	10.00%
Negative Scenario [Member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Base scenario rate	15.00%
Sensitivity analysis rate	45.00%

XML

Capital Management and Risk Policies - Summary of Maximum Exposure to Credit Risk on Assests (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance		$ 965,360	$ 619,208
Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance		221,758
Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance		127,030
Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance		616,572
Gross carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		32,347,033	25,954,531
Gross carrying amount [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		30,599,160	24,473,623
Gross carrying amount [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		711,005	450,049
Gross carrying amount [member] | 31-60 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		136,622	485,422
Gross carrying amount [member] | 61-90 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		97,848	73,407
Gross carrying amount [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		802,398	472,030
Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		28,022,638
Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		27,628,736
Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		393,902
Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		3,521,997
Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		2,970,424
Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		317,103
Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | 31-60 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		136,622
Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | 61-90 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		97,848
Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		802,398
Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		802,398
Carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		31,381,673	25,335,323
Carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		27,800,880
Carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		3,394,967
Carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		185,826
Retail [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	$ 7,477,488	3,686,934	3,448,164
Retail [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	2,600,458	1,093,601
Retail [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	2,317,516	917,070
Retail [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	2,559,514	1,676,263
Retail [member] | Gross carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	99,623,749	109,917,812	86,102,794
Retail [member] | Gross carrying amount [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	90,509,626	102,251,974	77,585,443
Retail [member] | Gross carrying amount [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,420,875	3,432,010	4,686,395
Retail [member] | Gross carrying amount [member] | 31-60 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,523,320	1,137,401	1,109,964
Retail [member] | Gross carrying amount [member] | 61-90 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	788,871	490,172	511,715
Retail [member] | Gross carrying amount [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,381,057	2,606,255	2,209,277
Retail [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	82,343,496	93,010,615
Retail [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	80,123,131	90,744,245
Retail [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	2,220,365	2,266,370
Retail [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	13,899,196	14,300,942
Retail [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	10,386,495	11,507,729
Retail [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,200,510	1,165,640
Retail [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | 31-60 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,523,320	1,137,401
Retail [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | 61-90 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	788,871	490,172
Retail [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,381,057	2,606,255
Retail [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,381,057	2,606,255
Retail [member] | Carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	92,146,261	106,230,878	82,654,630
Retail [member] | Carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	79,743,038	91,917,014
Retail [member] | Carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	11,581,680	13,383,872
Retail [member] | Carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	821,543	929,992
Retail Like Portfolio [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,726,780	965,360		$ 619,208
Retail Like Portfolio [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,726,780	965,360
Retail Like Portfolio [member] | Stage 1 [member] | 12-month ECL [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	266,947	221,758		57,285
Retail Like Portfolio [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	266,947
Retail Like Portfolio [member] | Stage 2 [member] | Lifetime ECL [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	280,127	127,030		189,219
Retail Like Portfolio [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	280,127
Retail Like Portfolio [member] | Stage 3 [member] | Lifetime ECL [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,179,706	616,572		372,704
Retail Like Portfolio [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,179,706
Retail Like Portfolio [member] | Gross carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	36,096,570	32,347,033
Retail Like Portfolio [member] | Gross carrying amount [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	32,376,051	30,599,160
Retail Like Portfolio [member] | Gross carrying amount [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,324,667	711,005
Retail Like Portfolio [member] | Gross carrying amount [member] | 31-60 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	336,258	136,622
Retail Like Portfolio [member] | Gross carrying amount [member] | 61-90 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	261,908	97,848
Retail Like Portfolio [member] | Gross carrying amount [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,797,686	802,398
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	30,140,244
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	29,273,332
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	866,912
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	4,158,640
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,102,719
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	457,755
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | 31-60 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	336,258
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | 61-90 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	261,908
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,797,686
Retail Like Portfolio [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,797,686
Retail Like Portfolio [member] | Carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	34,369,790	31,381,673
Retail Like Portfolio [member] | Carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	29,873,297
Retail Like Portfolio [member] | Carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,878,513
Retail Like Portfolio [member] | Carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	617,980
Wholesale [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,270,851	750,612	496,885
Wholesale [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	525,757	211,775
Wholesale [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	77,364	45,209
Wholesale [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	667,730	493,628
Wholesale [member] | Gross carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	141,883,531	131,326,442	100,075,859
Wholesale [member] | Gross carrying amount [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	2,515,489	808,091	339,002
Wholesale [member] | Gross carrying amount [member] | A [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	141,566,799	130,441,016	99,417,742
Wholesale [member] | Gross carrying amount [member] | B1 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		77,335	319,115
Credit Exposure	(2,198,757)	77,335
Wholesale [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	133,275,379	122,301,109
Wholesale [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | A [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	135,513,044	122,301,109
Wholesale [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | B1 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	(2,237,665)
Wholesale [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	6,087,250	8,215,665
Wholesale [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | A [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	6,048,342	8,138,330
Wholesale [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | B1 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure		77,335
Credit Exposure	38,908
Wholesale [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	2,520,902	809,668
Wholesale [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	2,515,489	808,091
Wholesale [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | A [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	5,413	1,577
Wholesale [member] | Carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	140,612,680	130,575,830	99,578,974
Wholesale [member] | Carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	132,749,622	122,089,334
Wholesale [member] | Carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	6,009,886	8,170,456
Wholesale [member] | Carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,853,172	316,040
Naranja [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	5,307,297	3,877,715		4,160,322
Naranja [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	5,307,297	3,877,715	4,160,322
Naranja [member] | Stage 1 [member] | 12-month ECL [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,376,585	904,291		775,611
Naranja [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,376,585	904,291
Naranja [member] | Stage 2 [member] | Lifetime ECL [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,842,615	1,270,258		1,566,226
Naranja [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	1,842,615	1,270,258
Naranja [member] | Stage 3 [member] | Lifetime ECL [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	2,088,097	1,703,166		$ 1,818,485
Naranja [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Loss allowance	2,088,097	1,703,166
Naranja [member] | Gross carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	49,483,125	51,375,287	53,471,401
Naranja [member] | Gross carrying amount [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	39,535,878	43,394,982	45,435,532
Naranja [member] | Gross carrying amount [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,518,746	3,389,912	3,075,142
Naranja [member] | Gross carrying amount [member] | 31-60 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,701,948	1,128,408	1,121,215
Naranja [member] | Gross carrying amount [member] | 61-90 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	939,523	526,990	588,117
Naranja [member] | Gross carrying amount [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,787,030	2,934,995	3,251,395
Naranja [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	39,083,960	41,039,891
Naranja [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	36,512,083	39,229,241
Naranja [member] | Gross carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	2,571,877	1,810,650
Naranja [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	6,612,135	7,400,401
Naranja [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Current [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,023,795	4,165,741
Naranja [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Less than one month [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	946,869	1,579,262
Naranja [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | 31-60 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	1,701,948	1,128,408
Naranja [member] | Gross carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | 61-90 [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	939,523	526,990
Naranja [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,787,030	2,934,995
Naranja [member] | Gross carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Default [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	3,787,030	2,934,995
Naranja [member] | Carrying amount [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	44,175,828	47,497,572	$ 49,311,079
Naranja [member] | Carrying amount [member] | Stage 1 [member] | 12-month ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	37,707,375	40,135,600
Naranja [member] | Carrying amount [member] | Stage 2 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	4,769,520	6,130,143
Naranja [member] | Carrying amount [member] | Stage 3 [member] | Lifetime ECL [member] | Expected Credit Losses Staging [member]
Disclosure of Credit Quality of Debt Securities [line items]
Credit Exposure	$ 1,698,933	$ 1,231,829

XML

Capital Management and Risk Policies - Summary of Information On Balance Sheet Items And Their Collateral In Offsets As Well As Loan And Other Credit - Related Commitments (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2108 ARS ($)
Carrying amount [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Overdrafts	$ 14,430,578
Mortagage Loans	11,793,007
Collateral Loans	997,958
Personal Loans	29,144,931
Credit Card Loans	113,395,362
Financial Leases	2,198,047
Promisory Notes	36,020,263
Pre-financing export loans	69,536,225
Others	35,020,864
Public Securities	14,549,740
Total as of December 31, 2018	327,086,975
Loss allowance [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Overdrafts	443,681
Mortagage Loans	253,178
Collateral Loans	10,255
Personal Loans	1,122,335
Credit Card Loans	9,406,437
Financial Leases	26,424
Promisory Notes	422,487
Pre-financing export loans	1,642,944
Others	2,329,069
Public Securities	125,606
Total as of December 31, 2018	15,782,416
Gross carrying amount [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Overdrafts	13,986,897
Mortagage Loans	11,539,829
Collateral Loans	987,703
Personal Loans	28,022,596
Credit Card Loans	103,988,925
Financial Leases	2,171,623
Promisory Notes	35,597,776
Pre-financing export loans	67,893,281
Others	32,691,795
Public Securities	14,424,134
Total as of December 31, 2018	311,304,559
Collateral [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]
Mortagage Loans	48,761,041
Collateral Loans	4,037,908
Others	2,428,566
Public Securities	55,227,515
Total as of December 31, 2018	$ 110,455,030

XML

Capital Management and Risk Policies - Summary of Mortgage Portfolio LTV Distribution (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2018 ARS ($)
Disclosure of mortgage portfolio loan to value distribution [line items]
Exposure	$ 19,708
Lower than 50% [member]
Disclosure of mortgage portfolio loan to value distribution [line items]
Mortgages Portfolio -LTV Distribution	Lower than 50%
Exposure	$ 8,283
50 a 60% [member]
Disclosure of mortgage portfolio loan to value distribution [line items]
Mortgages Portfolio -LTV Distribution	50 a 60%
Exposure	$ 2,940
60 a 70% [member]
Disclosure of mortgage portfolio loan to value distribution [line items]
Mortgages Portfolio -LTV Distribution	60 a 70%
Exposure	$ 4,562
70 a 80% [member]
Disclosure of mortgage portfolio loan to value distribution [line items]
Mortgages Portfolio -LTV Distribution	70 a 80%
Exposure	$ 2,084
80 a 90% [member]
Disclosure of mortgage portfolio loan to value distribution [line items]
Mortgages Portfolio -LTV Distribution	80 a 90%
Exposure	$ 349
90 a 100% [member]
Disclosure of mortgage portfolio loan to value distribution [line items]
Mortgages Portfolio -LTV Distribution	90 a 100%
Exposure	$ 878
Higher than100% [member]
Disclosure of mortgage portfolio loan to value distribution [line items]
Mortgages Portfolio -LTV Distribution	Higher than 100%
Exposure	$ 612

XML

Capital Management and Risk Policies - Summary of Changes in Loss Allowance Between Beginning and End of Annual Period (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Inflation effect		$ 168,585
Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	$ 3,686,934	3,448,164
Inflation effect	(1,189,784)	(685,113)
New Financial Assets Originated or Purchased		(48,467,065)
Changes to model assumptions and methodologies		0
Modification of contractual cash flows of financial assets		0
Foreign exchange and other movements		(4,265,482)
Financial assets derecognized during the period		11,809,793
Loss allowance, Ending Balance	7,477,488	3,686,934
Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	965,360	619,208
Inflation effect	(311,524)	(123,030)
New Financial Assets Originated or Purchased	(21,476,524)	(24,838,100)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	10,438,466	1,848,424
Financial assets derecognized during the period	7,623,848	11,440,277
Write-offs	(335,327)
Loss allowance, Ending Balance	1,726,780	965,360
Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	750,612	496,885
Inflation effect	(242,222)	(98,727)
New Financial Assets Originated or Purchased	(85,180,890)	(124,935,771)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	41,720,181	1,809,873
Financial assets derecognized during the period	37,908,360	71,991,271
Write-offs	(5,004,740)
Loss allowance, Ending Balance	1,270,851	750,612
Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	3,877,715	4,160,322
Inflation effect	(1,251,348)	(826,612)
New Financial Assets Originated or Purchased	(17,950,323)	(12,047,942)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	16,578,930
Financial assets derecognized during the period	3,263,555	3,519,840
Loss allowance, Ending Balance	5,307,297	3,877,715
12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	1,093,601	1,275,440
Inflation effect	(352,907)	(253,416)
New Financial Assets Originated or Purchased		(37,281,613)
Changes to model assumptions and methodologies		0
Modification of contractual cash flows of financial assets		0
Foreign exchange and other movements		(4,612,978)
Financial assets derecognized during the period		7,860,281
Loss allowance, Ending Balance	2,600,458	1,093,601
12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	221,758	57,285
Inflation effect	(71,562)	(11,381)
New Financial Assets Originated or Purchased	(17,476,427)	(21,198,887)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	9,042,974	1,457,820
Financial assets derecognized during the period	6,202,481	10,394,945
Write-offs	(204,089)
Loss allowance, Ending Balance	266,947	221,758
12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	211,775	166,413
Inflation effect	(68,341)	(33,066)
New Financial Assets Originated or Purchased	(80,611,231)	(116,853,630)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	38,807,684	955,314
Financial assets derecognized during the period	36,157,200	71,205,950
Write-offs	(5,423,721)
Loss allowance, Ending Balance	525,757	211,775
12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	904,291	775,611
Inflation effect	(291,817)	(154,106)
New Financial Assets Originated or Purchased	(16,179,401)	(9,370,544)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	13,243,671	(5,312)
Financial assets derecognized during the period	724,768	720,307
Write-offs	(18,384)
Loss allowance, Ending Balance	1,376,585	904,291
Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	917,070	696,665
Inflation effect	(295,942)	(138,420)
New Financial Assets Originated or Purchased		(9,754,613)
Changes to model assumptions and methodologies		0
Modification of contractual cash flows of financial assets		0
Foreign exchange and other movements		120,178
Financial assets derecognized during the period		2,394,705
Loss allowance, Ending Balance	2,317,516	917,070
Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	127,030	189,219
Inflation effect	(40,993)	(37,596)
New Financial Assets Originated or Purchased	(2,679,052)	(2,931,419)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	1,136,558	338,653
Financial assets derecognized during the period	1,062,828	687,029
Write-offs	(4,429)
Loss allowance, Ending Balance	280,127	127,030
Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	45,209	106,888
Inflation effect	(14,588)	(21,237)
New Financial Assets Originated or Purchased	(4,520,606)	(7,856,759)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	2,651,215	840,121
Financial assets derecognized during the period	3,276,411	785,321
Write-offs	807,299
Loss allowance, Ending Balance	77,364	45,209
Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	1,270,258	1,566,226
Inflation effect	(409,915)	(311,192)
New Financial Assets Originated or Purchased	(767,534)	(2,621,787)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	2,388,129	4,919
Financial assets derecognized during the period	727,919	1,045,183
Write-offs	(21,332)
Loss allowance, Ending Balance	1,842,615	1,270,258
Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	1,676,263	1,476,059
Inflation effect	(540,935)	(293,277)
New Financial Assets Originated or Purchased		(1,430,839)
Changes to model assumptions and methodologies		0
Modification of contractual cash flows of financial assets		0
Foreign exchange and other movements		227,318
Financial assets derecognized during the period		1,554,807
Loss allowance, Ending Balance	2,559,514	1,676,263
Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	616,572	372,704
Inflation effect	(198,969)	(74,053)
New Financial Assets Originated or Purchased	(1,321,045)	(707,794)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	258,934	51,951
Financial assets derecognized during the period	358,539	358,303
Write-offs	(126,809)
Loss allowance, Ending Balance	1,179,706	616,572
Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	493,628	223,584
Inflation effect	(159,293)	(44,424)
New Financial Assets Originated or Purchased	(49,053)	(225,382)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	261,282	14,438
Financial assets derecognized during the period	(1,525,251)
Write-offs	(388,318)
Loss allowance, Ending Balance	667,730	493,628
Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Loss Allowance, Beginning Balance	1,703,166	1,818,485
Inflation effect	(549,616)	(361,314)
New Financial Assets Originated or Purchased	(1,003,388)	(55,611)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	947,130	393
Financial assets derecognized during the period	1,810,868	1,754,350
Write-offs	39,716
Loss allowance, Ending Balance	2,088,097	1,703,166
Purchased Credit-Impaired [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes to model assumptions and methodologies		0
Modification of contractual cash flows of financial assets		0
Purchased Credit-Impaired [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Purchased Credit-Impaired [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Purchased Credit-Impaired [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Movements with profit and loss impact [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	3,672,645	1,896,344
Changes in PDs/LGDs/EADs	2,703,658	572,357
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	63,479	288
Movements with profit and loss impact [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	1,245,231	665,089
Changes in PDs/LGDs/EADs	221,857	72,120
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	121,504	56,553
Movements with profit and loss impact [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	441,658	199,961
Changes in PDs/LGDs/EADs	165,528	67,868
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	253,818	257,435
Movements with profit and loss impact [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	1,768,316	756,392
Changes in PDs/LGDs/EADs	2,454,025	1,296,754
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	(338,662)	(249,479)
Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	680,315	307,212
Changes in PDs/LGDs/EADs	1,229,264	(110,722)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	46,707	10,539
Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	181,218	181,012
Changes in PDs/LGDs/EADs	17,285	(34,518)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	17,044	912
Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	398,510	170,640
Changes in PDs/LGDs/EADs	69,078	568
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	(6,823)	10,972
Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	514,603	244,074
Changes in PDs/LGDs/EADs	328,246	(226,555)
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	(128,575)	(85,307)
Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	1,376,390	619,118
Changes in PDs/LGDs/EADs	637,622	90,105
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	26,548	1,326
Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	195,991	82,364
Changes in PDs/LGDs/EADs	38,295	2,759
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	16,267	11,434
Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	43,148	29,321
Changes in PDs/LGDs/EADs	20,034	20,024
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	9,991	(10,901)
Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	735,092	445,054
Changes in PDs/LGDs/EADs	1,003,381	601,910
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	(210,087)	(164,172)
Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	1,615,940	970,014
Changes in PDs/LGDs/EADs	836,772	592,974
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	(9,776)	(11,577)
Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	868,022	401,713
Changes in PDs/LGDs/EADs	166,277	103,879
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	88,193	44,207
Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes in PDs/LGDs/EADs	76,416	47,276
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Foreign exchange and other movements	250,650	257,364
Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
New Financial Assets Originated or Purchased	518,621	67,264
Changes in PDs/LGDs/EADs	1,122,398	921,399
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Movements with profit and loss impact [member] | Purchased Credit-Impaired [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Movements with profit and loss impact [member] | Purchased Credit-Impaired [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Movements with profit and loss impact [member] | Purchased Credit-Impaired [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Movements with profit and loss impact [member] | Purchased Credit-Impaired [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Changes to model assumptions and methodologies	0	0
Modification of contractual cash flows of financial assets	0	0
Other movements with no profit and loss impact [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(2,910,313)	(2,520,339)
Write-offs	1,450,869	975,233
Other movements with no profit and loss impact [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(1,028,266)	(529,447)
Write-offs	512,618	204,867
Other movements with no profit and loss impact [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(196,508)	(281,884)
Write-offs	97,965	109,074
Other movements with no profit and loss impact [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(2,667,967)	(1,672,662)
Write-offs	1,465,218	413,000
Other movements with no profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(216,869)	(362,292)
Write-offs	108,115	140,187
Other movements with no profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(206,825)	(17,564)
Write-offs	103,108	6,796
Other movements with no profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(157,912)	(168,380)
Write-offs	78,724	65,154
Other movements with no profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(53,058)	(31,508)
Write-offs	29,139	7,780
Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(611,817)	(403,954)
Write-offs	305,007	156,308
Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(101,718)	(133,673)
Write-offs	50,709	51,724
Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(38,596)	(113,504)
Write-offs	19,241	43,920
Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(382,131)	(330,971)
Write-offs	209,862	81,720
Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(2,081,627)	(1,754,093)
Write-offs	1,037,747	678,738
Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(719,723)	(378,210)
Write-offs	358,801	146,347
Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Financial assets derecognized during the period	(2,232,778)	(1,310,183)
Write-offs	1,226,217	323,500
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		2,677,919
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	566,583	977,594
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	555,567	1,307,936
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	3,933,644	2,177,809
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		(2,677,919)
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(566,583)	(977,594)
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(555,567)	(1,307,936)
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(3,933,644)	(2,177,809)
Transfer from stage 1 to stage 2 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(36,452)	(37,260)
Transfer from stage 1 to stage 2 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(3,911)	(4,026)
Transfer from stage 1 to stage 2 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(1,872)	(2,693)
Transfer from stage 1 to stage 2 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(111,156)	(60,573)
Transfer from stage 1 to stage 2 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	36,452	37,260
Transfer from stage 1 to stage 2 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	3,911	4,026
Transfer from stage 1 to stage 2 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	1,872	2,693
Transfer from stage 1 to stage 2 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	111,156	60,573
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		788,355
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	106,715	98,440
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	9,894	99,272
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	1,398,286	832,017
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		(788,355)
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(106,715)	(98,440)
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(9,894)	(99,272)
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(1,398,286)	(832,017)
Transfer from stage 1 to stage 3 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(12,985)	(12,603)
Transfer from stage 1 to stage 3 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(743)	(371)
Transfer from stage 1 to stage 3 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(179)	(61)
Transfer from stage 1 to stage 3 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(40,296)	(24,779)
Transfer from stage 1 to stage 3 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	12,985	12,603
Transfer from stage 1 to stage 3 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	743	371
Transfer from stage 1 to stage 3 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	179	61
Transfer from stage 1 to stage 3 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	40,296	24,779
Transfer from stage 2 to stage 1 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		(3,471,756)
Transfer from stage 2 to stage 1 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		(270,525)
Transfer from stage 2 to stage 1 [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(1,127,915)	(3,233,170)
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		3,471,756
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(3,276)	270,525
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	1,127,915	3,233,170
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	3,276
Transfer from stage 2 to stage 1 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	61,669	136,516
Transfer from stage 2 to stage 1 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	9,575	43,613
Transfer from stage 2 to stage 1 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	2,797	2,228
Transfer from stage 2 to stage 1 [member] | Movements with profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	215,544	423,002
Transfer from stage 2 to stage 1 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(61,669)	(136,516)
Transfer from stage 2 to stage 1 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(9,575)	(43,613)
Transfer from stage 2 to stage 1 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(2,797)	(2,228)
Transfer from stage 2 to stage 1 [member] | Movements with profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(215,544)	(423,002)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		451,953
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	61,468	40,969
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		55,374
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	1,288,696	1,265,342
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		(451,953)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(61,468)	(40,969)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		(55,374)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(1,288,696)	(1,265,342)
Transfer from stage 2 to stage 3 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(40,809)	(33,992)
Transfer from stage 2 to stage 3 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(2,935)	(6,279)
Transfer from stage 2 to stage 3 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(6,150)	(9,767)
Transfer from stage 2 to stage 3 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(280,363)	(257,026)
Transfer from stage 2 to stage 3 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	40,809	33,992
Transfer from stage 2 to stage 3 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	2,935	6,279
Transfer from stage 2 to stage 3 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	6,150	9,767
Transfer from stage 2 to stage 3 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	280,363	257,026
Transfer from stage 3 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(355,843)
Transfer from stage 3 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(469,663)	(61,382)
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		(53,083)
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	355,843	(12,791)
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	469,663	61,382
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(21,883)	(2,315)
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		53,083
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2		12,791
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	21,883	2,315
Transfer from stage 3 to stage 2 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	28,664	29,170
Transfer from stage 3 to stage 2 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	3,145	6,665
Transfer from stage 3 to stage 2 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	10,906	1,138
Transfer from stage 3 to stage 2 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(28,664)	(29,170)
Transfer from stage 3 to stage 2 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(3,145)	(6,665)
Transfer from stage 3 to stage 2 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(10,906)	(1,138)
Transfer from stage 3 to stage 1 [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	(18,738)	(66,293)
Transfer from stage 3 to stage 1 [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	18,738	66,293
Transfer from stage 3 to stage 1 [member] | Other movements with no profit and loss impact [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	9,664	36,652
Transfer from stage 3 to stage 1 [member] | Other movements with no profit and loss impact [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfer from Stage 1 to Stage 2	$ (9,664)	$ (36,652)

XML

Capital Management and Risk Policies - Schedule of Changes in Gross Carrying Amount of Specific Segment Portfolio (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	$ 32,347,033	$ 25,954,531
Financial assets derecognized during the period other than writte-offs	(7,623,848)	(11,440,277)
New financial assets originated or purchased	21,476,524	24,838,100
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	335,327
FX and other movements	(10,438,466)	(1,848,424)
Inflation Effect		(5,156,897)
Gross carrying amount, Ending Balance	36,096,570	32,347,033
Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	109,917,812
Financial assets derecognized during the period other than writte-offs	(8,103,546)
New financial assets originated or purchased	31,583,903
Modification of contractual cash flows of financial assets	0
Changes in interest accrual	0
FX and other movements	1,696,325
FX and other movements	(35,470,745)
Gross carrying amount, Ending Balance	99,623,749	109,917,812
Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	131,326,442	100,075,859
Financial assets derecognized during the period other than writte-offs	(37,908,360)	(71,991,271)
New financial assets originated or purchased	85,180,890	124,935,771
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	5,004,740
FX and other movements	(41,720,181)	(1,809,873)
Inflation Effect		(19,884,044)
Gross carrying amount, Ending Balance	141,883,531	131,326,442
Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	51,375,287	53,471,401
Financial assets derecognized during the period other than writte-offs	(3,263,555)	(3,519,840)
New financial assets originated or purchased	17,950,323	12,047,942
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	(16,578,930)
Inflation Effect		(10,624,216)
Gross carrying amount, Ending Balance	49,483,125	51,375,287
Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	109,917,812	86,102,794
Financial assets derecognized during the period other than writte-offs		(11,809,793)
New financial assets originated or purchased		48,467,065
Modification of contractual cash flows of financial assets		0
Changes in interest accrual		0
FX and other movements		4,265,482
Inflation Effect		(17,107,736)
Gross carrying amount, Ending Balance		109,917,812
12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	28,022,638	24,312,706
Financial assets derecognized during the period other than writte-offs	(6,202,481)	(10,394,945)
New financial assets originated or purchased	17,476,427	21,198,887
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	204,089
FX and other movements	(9,042,974)	(1,457,820)
Inflation Effect		(4,830,681)
Gross carrying amount, Ending Balance	30,140,244	28,022,638
12-month ECL [member] | Stage 1 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	93,010,615
Financial assets derecognized during the period other than writte-offs	(5,384,216)
New financial assets originated or purchased	24,098,264
Modification of contractual cash flows of financial assets	0
Changes in interest accrual	0
FX and other movements	1,355,335
FX and other movements	(30,014,751)
Gross carrying amount, Ending Balance	82,343,496	93,010,615
12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	122,301,109	98,531,831
Financial assets derecognized during the period other than writte-offs	(36,157,200)	(71,205,950)
New financial assets originated or purchased	80,611,231	116,853,630
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	5,423,721
FX and other movements	(38,807,684)	(955,314)
Inflation Effect		(19,577,262)
Gross carrying amount, Ending Balance	133,275,379	122,301,109
12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	41,039,891	40,052,780
Financial assets derecognized during the period other than writte-offs	(724,768)	(720,307)
New financial assets originated or purchased	16,179,401	9,370,544
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	18,384
FX and other movements	(13,243,671)	5,312
Inflation Effect		(7,958,075)
Gross carrying amount, Ending Balance	39,083,960	41,039,891
12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	93,010,615	73,592,991
Financial assets derecognized during the period other than writte-offs		(7,860,281)
New financial assets originated or purchased		37,281,613
Modification of contractual cash flows of financial assets		0
Changes in interest accrual		0
FX and other movements		4,612,978
Inflation Effect		(14,622,168)
Gross carrying amount, Ending Balance		93,010,615
Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	3,521,997	1,169,795
Financial assets derecognized during the period other than writte-offs	(1,062,828)	(687,029)
New financial assets originated or purchased	2,679,052	2,931,419
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	4,429
FX and other movements	(1,136,558)	(338,653)
Inflation Effect		(232,426)
Gross carrying amount, Ending Balance	4,158,640	3,521,997
Lifetime ECL [member] | Stage 2 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	14,300,942
Financial assets derecognized during the period other than writte-offs	(1,611,202)
New financial assets originated or purchased	6,011,249
Modification of contractual cash flows of financial assets	0
Changes in interest accrual	0
FX and other movements	120,613
FX and other movements	(4,614,949)
Gross carrying amount, Ending Balance	13,899,196	14,300,942
Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	8,215,665	989,840
Financial assets derecognized during the period other than writte-offs	(3,276,411)	(785,321)
New financial assets originated or purchased	4,520,606	7,856,759
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	(807,299)
FX and other movements	(2,651,215)	(840,121)
Gross carrying amount, Ending Balance	6,087,250	8,215,665
Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	7,400,401	10,167,226
Financial assets derecognized during the period other than writte-offs	(727,919)	(1,045,183)
New financial assets originated or purchased	767,534	2,621,787
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	21,332
FX and other movements	(2,388,129)	(4,919)
Inflation Effect		(2,020,122)
Gross carrying amount, Ending Balance	6,612,135	7,400,401
Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	14,300,942	10,300,527
Financial assets derecognized during the period other than writte-offs		(2,394,705)
New financial assets originated or purchased		9,754,613
Modification of contractual cash flows of financial assets		0
Changes in interest accrual		0
FX and other movements		(120,178)
Inflation Effect		(2,046,608)
Gross carrying amount, Ending Balance		14,300,942
Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	802,398	472,030
Financial assets derecognized during the period other than writte-offs	(358,539)	(358,303)
New financial assets originated or purchased	1,321,045	707,794
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	126,809
FX and other movements	(258,934)	(51,951)
Inflation Effect		(93,790)
Gross carrying amount, Ending Balance	1,797,686	802,398
Lifetime ECL [member] | Stage 3 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	2,606,255
Financial assets derecognized during the period other than writte-offs	(1,108,128)
New financial assets originated or purchased	1,474,390
Modification of contractual cash flows of financial assets	0
Changes in interest accrual	0
FX and other movements	220,377
FX and other movements	(841,045)
Gross carrying amount, Ending Balance	3,381,057	2,606,255
Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	809,668	554,188
Financial assets derecognized during the period other than writte-offs	1,525,251
New financial assets originated or purchased	49,053	225,382
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	388,318
FX and other movements	(261,282)	(14,438)
Gross carrying amount, Ending Balance	2,520,902	809,668
Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	2,934,995	3,251,395
Financial assets derecognized during the period other than writte-offs	(1,810,868)	(1,754,350)
New financial assets originated or purchased	1,003,388	55,611
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
FX and other movements	(39,716)
FX and other movements	(947,130)	(393)
Inflation Effect		(646,019)
Gross carrying amount, Ending Balance	3,787,030	2,934,995
Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Gross carryng amount, Beginning Balance	2,606,255	2,209,276
Financial assets derecognized during the period other than writte-offs		(1,554,807)
New financial assets originated or purchased		1,430,839
Modification of contractual cash flows of financial assets		0
Changes in interest accrual		0
FX and other movements		(227,318)
Inflation Effect		(438,960)
Gross carrying amount, Ending Balance		2,606,255
Purchased Credit-Impaired [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
Purchased Credit-Impaired [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Modification of contractual cash flows of financial assets	0
Changes in interest accrual	0
Purchased Credit-Impaired [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
Purchased Credit-Impaired [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Modification of contractual cash flows of financial assets	0	0
Changes in interest accrual	0	0
Purchased Credit-Impaired [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Modification of contractual cash flows of financial assets		0
Changes in interest accrual		0
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(566,583)	(977,594)
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(2,127,658)
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(555,567)	(1,307,936)
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(3,933,644)	(2,177,809)
Transfer from stage 1 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		(2,677,919)
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	566,583	977,594
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	2,127,658
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	555,567	1,307,936
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	3,933,644	2,177,809
Transfer from stage 1 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		2,677,919
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(106,715)	(98,440)
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(688,232)
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(9,894)	(99,272)
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(1,398,286)	(832,017)
Transfer from stage 1 to stage 3 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		(788,355)
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	106,715	98,440
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	688,232
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	9,894	99,272
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	1,398,286	832,017
Transfer from stage 1 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		788,355
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(61,468)	(40,969)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(373,079)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		(55,374)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(1,288,696)	(1,265,342)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		(451,953)
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	61,468	40,969
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	373,079
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		55,374
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	1,288,696	1,265,342
Transfer from stage 2 to stage 3 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		451,953
Transfer from stage 3 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	355,843
Transfer from stage 3 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	2,094,139
Transfer from stage 3 to stage 2 [member] | 12-month ECL [member] | Stage 1 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	469,663	61,382
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(355,843)	12,791
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(2,094,139)
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Wholesale Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(469,663)	(61,382)
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	21,883	2,315
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		53,083
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		(12,791)
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(21,883)	(2,315)
Transfer from stage 3 to stage 2 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		(53,083)
Transfer from stage 2 to stage 1 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		270,525
Transfer from stage 2 to stage 1 [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	1,127,915	3,233,170
Transfer from stage 2 to stage 1 [member] | 12-month ECL [member] | Stage 1 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		3,471,756
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	3,276	(270,525)
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	32,103
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 2 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(1,127,915)	(3,233,170)
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 2 [member] | Retail Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers		(3,471,756)
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail Like Portfolio [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(3,276)
Transfer from stage 2 to stage 1 [member] | Lifetime ECL [member] | Stage 3 [member] | Retail portfolios [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	(32,103)
Transfer from stage 3 to stage 1 [member] | 12-month ECL [member] | Stage 1 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	18,738	66,293
Transfer from stage 3 to stage 1 [member] | Lifetime ECL [member] | Stage 3 [member] | Naranja [member]
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]
Transfers	$ (18,738)	$ (66,293)

XML

Contingencies and Commitments - Summary of Provisions for Contingencies (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of other provisions [line items]
Contingency provision	$ 709,213	$ 1,449,323	$ 897,260
Other contingent liabilities [member]
Disclosure of other provisions [line items]
Contingency provision	594,461	1,329,142	760,379
Legal proceedings contingent liability [member]
Disclosure of other provisions [line items]
Contingency provision	455,462	1,058,636	527,338
Contingent liability for labor lawsuits [member]
Disclosure of other provisions [line items]
Contingency provision	41,408	96,311	52,095
Contingent liability for claims and credit cards [member]
Disclosure of other provisions [line items]
Contingency provision	2,021	1,097	1,620
Contingent liability for guarantees [member]
Disclosure of other provisions [line items]
Contingency provision	2,104	1,142	1,686
Contingent liability for other contingencies [member]
Disclosure of other provisions [line items]
Contingency provision	93,466	171,956	177,640
Contingent liability arising from post-employment benefit obligations [member]
Disclosure of other provisions [line items]
Contingency provision	83,322	86,926	109,295
Contingent liability for court deposits dollarization difference [member]
Disclosure of other provisions [line items]
Contingency provision	21,296	27,949	20,229
Contingent liability for administrative, disciplinary and criminal penalties [member]
Disclosure of other provisions [line items]
Contingency provision	$ 10,134	$ 5,306	$ 7,357

XML

Offsetting of Financial Assets and Liabilities - Summary of Financial Instruments Subject to Offsetting, Master Netting Agreements and Similar Agreements (Detail) $ in Thousands	Dec. 31, 2018 ARS ($)
Disclosure Of Derivative Financial Asset And Liabilities Offsetting Arrangements [line items]
Financial Instrument Assets, Gross Amount	$ 115,212,680
Financial Instrument Assets, Gross amounts set off in the balance sheet	6,530
Financial Instrument Assets, Net amounts presented in the balance sheet	115,206,150
Financial Instrument Assets, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Financial Instruments	0
Financial Instrument Assets, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Cash Collaterals Received	4,266,101
Financial Instrument Assets, Total Net Amount	110,940,049
Financial Instrument Liabilities, Gross Amount	38,736,906
Financial Instrument Liabilities, Gross amounts set off in the balance sheet	(6,530)
Financial Instrument Liabilities, Net amounts presented in the balance sheet	38,730,376
Financial Instrument Liabilities, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Financial Instruments	0
Financial Instrument Liabilities, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Cash Collaterals Received	4,266,101
Financial Instrument Liabilities, Total Net Amount	34,464,275
Credit Card Loans [member]
Disclosure Of Derivative Financial Asset And Liabilities Offsetting Arrangements [line items]
Financial Instrument Assets, Gross Amount	113,420,510
Financial Instrument Assets, Net amounts presented in the balance sheet	113,420,510
Financial Instrument Assets, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Financial Instruments	0
Financial Instrument Assets, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Cash Collaterals Received	3,042,254
Financial Instrument Assets, Total Net Amount	110,378,256
Derivative Assets [member]
Disclosure Of Derivative Financial Asset And Liabilities Offsetting Arrangements [line items]
Financial Instrument Assets, Gross Amount	1,792,170
Financial Instrument Assets, Gross amounts set off in the balance sheet	6,530
Financial Instrument Assets, Net amounts presented in the balance sheet	1,785,640
Financial Instrument Assets, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Financial Instruments	0
Financial Instrument Assets, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Cash Collaterals Received	1,223,847
Financial Instrument Assets, Total Net Amount	561,793
Derivative financial instruments [member]
Disclosure Of Derivative Financial Asset And Liabilities Offsetting Arrangements [line items]
Financial Instrument Liabilities, Gross Amount	1,842,319
Financial Instrument Liabilities, Gross amounts set off in the balance sheet	(6,530)
Financial Instrument Liabilities, Net amounts presented in the balance sheet	1,835,789
Financial Instrument Liabilities, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Financial Instruments	0
Financial Instrument Liabilities, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Cash Collaterals Received	1,223,847
Financial Instrument Liabilities, Total Net Amount	611,942
Liabilities from financing of credit card purchases [member]
Disclosure Of Derivative Financial Asset And Liabilities Offsetting Arrangements [line items]
Financial Instrument Liabilities, Gross Amount	36,894,587
Financial Instrument Liabilities, Net amounts presented in the balance sheet	36,894,587
Financial Instrument Liabilities, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Financial Instruments	0
Financial Instrument Liabilities, Amounts Subject to Master Netting Agreement Not Offset in the Financial Statements, Cash Collaterals Received	3,042,254
Financial Instrument Liabilities, Total Net Amount	$ 33,852,333

XML

Off-balance Sheet Items - Schedule of Credit Exposure (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of credit risk exposure [abstract]
Agreed Commitments	$ 14,947,369	$ 17,223,135	$ 16,756,545
Export and Import Documentary Credits	1,080,047	2,005,839	1,198,508
Guarantees Granted	16,292,630	3,493,810	2,090,979
Responsibilities for Foreign Trade Transactions	$ 234,609	$ 674,101	$ 1,080,067

XML

Off-balance Sheet Items - Schedule of Fees and Commissions Related to Credit Exposure (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of credit risk exposure [abstract]
For Agreed Credits	$ 121,515	$ 89,471
For Export and Import Documentary Credits	68,882	31,459
For Guarantees Granted	$ 82,041	$ 45,058

XML

Off-balance Sheet Items - Schedule of Counter-guarantees, Classified by Type (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of credit risk exposure [abstract]
Other Preferred Guarantees Received	$ 6,796,492	$ 67,032	$ 111,747
Other Guarantees Received	$ 296,362	$ 471,506	$ 445,115

XML

Off-balance Sheet Items - Schedule of Credit Risk by Probability of Default (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of credit risk exposure [abstract]
Checks and Drafts to be Debited	$ 3,448,362	$ 3,110,534	$ 3,710,115
Checks and Drafts to be Credited	4,443,878	4,553,727	4,716,211
Values for Collection	$ 27,625,864	$ 34,014,115	$ 33,736,055

XML

Off-balance Sheet Items - Schedule of Amounts of Trust Funds and Securities Held in Custody (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of credit risk exposure [abstract]
Trust Funds	$ 5,868,530	$ 13,165,493	$ 15,077,049
Securities Held in Custody	$ 432,046,616	$ 552,773,188	$ 476,985,232

XML

Transfer Of Financial Assets - Additional Information (Detail) - ARS ($) $ in Thousands		12 Months Ended
	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Disclosure of transferred financial assets that are not derecognised in their entirety [abstract]
Net allowances of sale of loan portfolio	$ 226,798	$ 561,812	$ 480,021
Cash received from sale of loan portfolio	$ 166,454	$ 138,510	$ 45,987

XML

Non-controlling Interest - Summary of Non-controlling Equity Investment Percentages and Votes (Detail)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Cobranzas Regionales S.A. [member]
Disclosure of noncontrolling interests [line items]
Place of Business	Córdoba - Argentina
Percentage of equity investments	17.00%	23.00%	23.00%
Galicia Broker Asesores de Seguros S.A. [member]
Disclosure of noncontrolling interests [line items]
Place of Business	Autonomous City of Buenos Aires - Argentina
Percentage of equity investments	0.01%	0.01%	0.01%
Galicia Retiro Compania de Seguros S.A. [member]
Disclosure of noncontrolling interests [line items]
Place of Business	Autonomous City of Buenos Aires - Argentina
Percentage of equity investments	0.00%	0.00%	0.00%
Galicia Seguros S.A. [member]
Disclosure of noncontrolling interests [line items]
Place of Business	Autonomous City of Buenos Aires - Argentina
Percentage of equity investments	0.00%	0.00%	0.00%
Galicia Valores S.A. [member]
Disclosure of noncontrolling interests [line items]
Place of Business	Autonomous City of Buenos Aires - Argentina
Percentage of equity investments			0.09%
Ondara S.A. [member]
Disclosure of noncontrolling interests [line items]
Place of Business	Autonomous City of Buenos Aires - Argentina
Percentage of equity investments	16.15%	21.85%	21.85%
Tarjetas del mar S.A.[member]
Disclosure of noncontrolling interests [line items]
Place of Business	Córdoba - Argentina
Percentage of equity investments			41.20%
Tarjeta Naranja S.A. [member]
Disclosure of noncontrolling interests [line items]
Place of Business	Córdoba - Argentina
Percentage of equity investments	17.00%	23.00%	23.00%
Tarjetas Regionales S.A. [member]
Disclosure of noncontrolling interests [line items]
Place of Business	Autonomous City of Buenos Aires - Argentina
Percentage of equity investments	17.00%	23.00%	23.00%

XML

Non-controlling Interest - Summary of Movements in Group's Significant Non-Controlling Interests (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance	$ 2,953,480	$ 2,719,570
Purchases/Sales	(770,472)	(97,559)
Cash Dividends	(96,789)	(152,695)
Share of Profit (Loss) for the Year	(363,685)	484,164
Ending balance	1,722,534	2,953,480
Cobranzas Regionales S.A. [member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance	13,281	13,751
Share of Profit (Loss) for the Year	(1,665)	(470)
Ending balance	11,616	13,281
Galicia Broker Asesores de Seguros S.A. [member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance	2	2
Ending balance	2	2
Galicia Retiro Compania de Seguros S.A. [member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance	2	2
Ending balance	2	2
Galicia Seguros S.A. [member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance	2	2
Ending balance	2	2
Ondara S.A. [member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance	7,074	6,801
Cash Dividends	52
Share of Profit (Loss) for the Year	(1,081)	273
Ending balance	6,045	7,074
Tarjeta Naranja S.A. [member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance	2,716,440	2,371,252
Purchases/Sales	(770,472)
Cash Dividends	(137,432)	(159,604)
Share of Profit (Loss) for the Year	(318,010)	504,792
Ending balance	1,490,526	2,716,440
Tarjetas Regionales S.A. [member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance	216,679	230,201
Cash Dividends	40,591	6,909
Share of Profit (Loss) for the Year	(42,929)	(20,431)
Ending balance	$ 214,341	216,679
Galicia Valores S.A. [member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance		5,688
Purchases/Sales		(5,688)
Tarjetas del mar S.A.[member]
Disclosure Of Non Controlling Interests Movement [line items]
Beginning balance		91,871
Purchases/Sales		$ (91,871)

XML

Related Party Transactions - Additional Information (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of transactions between related parties abstract [abstract]
Percentage of increase in notes of the group	20.00%
Key management personnel compensation	$ 522,038	$ 442,289

XML

Related Party Transactions - Summary of Controlled Entity of Related Party Transactions (Detail) - Related parties [member] - EBA Holding S.A. [member]	12 Months Ended
	Dec. 31, 2018
Disclosure of related party transactions [line items]
Percentage of Voting Rights	55.11%
Principal Line of Business	Financial and Investment Operations
Place of Business	Autonomous City of Buenos Aires - Argentina
Equity Investment	19.71%

XML

Related Party Disclosures - Compensation of Key Management Personnel (Detail) - Individual	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of transactions between related parties [line items]
Key Management Personnel	149	145
Directors [member]
Disclosure of transactions between related parties [line items]
Key Management Personnel	67	67
General manager [member]
Disclosure of transactions between related parties [line items]
Key Management Personnel	1	1
Division managers [member]
Disclosure of transactions between related parties [line items]
Key Management Personnel	11	11
Department managers [member]
Disclosure of transactions between related parties [line items]
Key Management Personnel	70	66

XML

Related Party Transactions - Summary of Total Assistance Granted by Group to Key Personnel, Syndics, Majority Shareholders, as well as all Individuals (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2018 ARS ($) RelatedParty	Dec. 31, 2017 ARS ($) RelatedParty
Disclosure of related party transactions [line items]
Total Amount of Credit Assistance | $	$ 956,439	$ 999,909
Number of Recipients (Amounts) | RelatedParty	329	364
Average Amount of Credit Assistance | $	$ 2,907	$ 2,748
Maximum Assistance | $	$ 362,713	$ 288,089
Natural Persons [member]
Disclosure of related party transactions [line items]
Number of Recipients (Amounts) | RelatedParty	269	299
Entities / Corps. [member]
Disclosure of related party transactions [line items]
Number of Recipients (Amounts) | RelatedParty	60	65

XML

Related Party Transactions - Summary of Amounts of Related Party Transactions (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Assets
Cash and Due from Banks	$ 143,309,428	$ 87,044,881	$ 121,183,979
Debt Securities at fair value through profit or loss	75,935,163	42,747,797	28,817,744
Derivative Financial Instruments	1,785,640	775,674	229,436
Other Financial Assets	9,047,932	10,339,256	6,719,581
Loans and Other Financing	282,710,068	284,354,759	245,703,421
Other Debt Securities	14,424,134	4,182,537	3,183,852
Total Assets	569,691,898	489,641,114	450,614,394
Liabilities
Derivative Financial Instruments	1,835,789	846,331	290,384
Other Financial Liabilities	63,235,042	55,350,799	57,094,776
Loans from the Argentine Central Bank and Other Financial Institutions	19,446,028	11,618,302	12,717,145
Debt Securities Issued	29,983,653	20,279,165	21,848,460
Liabilities for Insurance Contracts	1,103,220	1,195,647	1,154,162
Other Non-financial Liabilities	11,471,530	21,142,454	18,525,957
Total Liabilities	507,844,212	422,162,798	404,941,516
Income (Loss)
Net Income (Loss) from Instruments Measured at Fair Value through	17,352,718	8,461,338
Underwriting Income from Insurance Business	2,869,319	3,314,912
Other Operating Income (Expense)	11,571,913	8,996,632
Other Operating Expenses	16,899,065	14,605,226
Operating Income	3,374,450	14,597,357
Related parties [member]
Assets
Cash and Due from Banks	252,651	197,441	465,569
Debt Securities at fair value through profit or loss	141,610	264,821	1,399,877
Derivative Financial Instruments		17,183
Other Financial Assets	58,999	285,189	1,162,427
Loans and Other Financing	3,111,291	797,000	1,587,429
Other Debt Securities	131,767	76,305
Other Non-financial Assets	(5)	6,539	(85,185)
Total Assets	3,696,313	1,644,478	4,530,117
Liabilities
Deposits	1,348,503	229,612	482,911
Derivative Financial Instruments		17,183	200,917
Other Financial Liabilities	1,197,643	696,125	874,669
Loans from the Argentine Central Bank and Other Financial Institutions		699	355,045
Debt Securities Issued	523,372	341,125	1,375,576
Liabilities for Insurance Contracts	43,295	34,704	75,273
Other Non-financial Liabilities	26,827	(689,233)	223,599
Total Liabilities	3,139,640	630,215	$ 3,587,990
Income (Loss)
Net Income (Loss) from Interest	27,975	42,461
Net Fee Income (Expense)	(1,166,922)	(43,012)
Net Income (Loss) from Instruments Measured at Fair Value through		5,313
Underwriting Income from Insurance Business	1,257,000	1,602,674
Other Operating Income (Expense)	149,803	(1,588,821)
Administrative Expenses	(30,983)	29,072
Other Operating Expenses		105
Operating Income	$ 236,873	$ 47,792

XML

Acquisition of Debt Securities Under Section 35 BIS of Financial Institutions Law - Additional Information (Detail) $ in Thousands	Dec. 31, 2018 ARS ($)
Financial liabilities at amortised cost, class [member] | Other debt securities [member]
Disclosure of acquisition of debt securities [line items]
Debt securities measured at amortized cost	$ 74,775

XML

Additional Information Required by the Argentine Central Bank - Additional Information (Detail) - ARS ($) shares in Thousands, $ in Thousands		12 Months Ended
	Mar. 01, 2019	Dec. 31, 2018
Disclosure of additional information [line items]
Percentage of monthly contribution to deposit insurance fund		0.015%
Garantizar SGRs risk fund [member]
Disclosure of additional information [line items]
Number of years contribution made to the fund		2 years
Electrigal SA [member]
Disclosure of additional information [line items]
Equity investments, shares		1,222,406
Net insurance contracts [member]
Disclosure of additional information [line items]
Insurance system to demand deposits and time deposits limits	$ 1,000

XML

Additional Information Required by the Argentine Central Bank - Cash and Government Securities (Detail) - Banco De Galicia Y Buenos Aires S.A.U. [member] - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of restricted assets [line items]
For transactions carried out at RO.F.EX.	$ 379,006	$ 345,717	$ 782,773
For repo transactions haircuts	584,631	185,799	336,918
For debit / credit cards transactions	2,151,565	1,748,680	1,370,107
For attachments	211	326	188
Liquidity required to conduct transactions as agents at the C.N.V.	20,410	25,233	33,752
For the contribution to the M.A.E.' s Joint Guarantee Fund (Fondo de Garantía Mancomunada)	260,210	20,970	20,016
Collaterals of Inter-American Development Bank's credit lines	85,067
Guarantees under the Regional Economies Competitiveness Program (PROCER, as per its initials in Spanish)	165,665	301,965	279,224
For other transactions	$ 11,953	$ 11,524	$ 10,928

XML

Additional Information Required by the Argentine Central Bank - Special Guarantees Accounts (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Argentine Central Bank [member]
Disclosure of restricted assets [line items]
Special Guarantees Accounts	$ 5,188,169	$ 5,329,804	$ 4,285,315

XML

Additional Information Required by the Argentine Central Bank - Deposits in favor of the Argentine Central Bank (Detail) - Argentine Central Bank [member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of restricted assets [line items]
Unavailable deposits related to foreign exchange transactions	$ 533	$ 787	$ 982
For custody and registrar agent of book-entry mortgage securities			4,164
Custody role of securities representing the investments in ANSES's Sustainability Guarantee Fund (FGS, as per its initials in Spanish).			$ 868,336

XML

Additional Information Required by the Argentine Central Bank - Contributions to Garantizar S.G.R.'s Risk Fund (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Garantizar SGRs risk fund [member] | Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of restricted assets [line items]
Contributions to the Fund	$ 390,000	$ 224,421	$ 184,255

XML

Additional Information Required by the Argentine Central Bank - Guarantees Granted for Direct Obligations (Detail) - Banco De Galicia Y Buenos Aires S.A.U. [member] - ARS ($) $ in Thousands	Dec. 31, 2017	Jan. 01, 2017
Disclosure of restricted assets [line items]
PROPARCO's credit lines	$ 58,661	$ 91,486
Credit Program granted to the province of San Juan	$ 75,211	60,316
Global Credit Program for the Micro-, Small- and Medium-sized Companies		11,763
FMO's credit lines		$ 33,109

XML

Additional Information Required by the Argentine Central Bank - Financial Assets as Collateral for Loans Borrowed as First Pledges (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of restricted assets [line items]
Total Restricted Assets	$ 18,348,669	$ 12,849,347	$ 10,728,622
Banco Galicia Valores SA [member]
Disclosure of restricted assets [line items]
Liquidity required to conduct transactions as agents at the C.N.V.	9,568	6,792	7,232
Share of Mercado de Valores de Buenos Aires			3,961
Tarjeta Naranja S.A. [member]
Disclosure of restricted assets [line items]
Attachments in connection with lawsuits	1,803	1,688	521
Guarantees related to lease agreements	4,993	6,870	7,593
For transactions carried out at RO.F.EX.			216,577
Galicia Administradora de Fondos S.A [member]
Disclosure of restricted assets [line items]
Guarantees related to lease agreements	$ 9,094,885	$ 4,504,899	2,118,935
Tarjetas del mar S.A.[member]
Disclosure of restricted assets [line items]
Guarantees related to lease agreements			$ 171

XML

Additional Information Required by the Argentine Central Bank - Additional Information 2 (Detail) $ in Thousands, $ in Thousands				12 Months Ended
	Nov. 09, 2018 ARS ($)	Jan. 01, 2017 USD ($) shares	Feb. 25, 2010 ARS ($)	Dec. 31, 2018 USD ($) shares	Dec. 31, 2017 ARS ($) shares	Dec. 31, 2018 ARS ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2017 ARS ($)	Jan. 01, 2017 ARS ($)
Disclosure of additional information [line items]
Participation certificates and debt securities of financial securities held						$ 6,301,550		$ 3,374,285	$ 1,819,850
Instruments held in custody						$ 432,046,616		552,773,188	476,985,232
Fines and penalties					$ 63
Percentage of regulatory capital				2.50%		2.50%
Percentage of individual computable regulatory capital				1.00%
Banco Galicia Valores SA [member]
Disclosure of additional information [line items]
Minimum equity requirement act as agent						$ 3,500
Minimum liquidity requirement						1,750
Caja de Valores [member]
Disclosure of additional information [line items]
Instruments held in custody						20,410
Banco De Galicia Y Buenos Aires S.A.U. [member]
Disclosure of additional information [line items]
Balances recorded from activities as security agent		$ 408		$ 1,364,097			$ 1,364,097
Minimum equity requirement act as agent						32,000
Minimum liquidity requirement						16,000
Instruments held in custody						60,431,318		100,358,508	68,796,939
Securities held in custody in units | shares		7,777,368,861		9,623,110,829	10,254,289,765
Banco De Galicia Y Buenos Aires S.A.U. [member] | Fiduciary Assignment and Trust for Guarantees [member]
Disclosure of additional information [line items]
Balances recorded from activities as security agent		$ 116,500		$ 116,500			$ 116,500
Banco De Galicia Y Buenos Aires S.A.U. [member] | Top of range [member]
Disclosure of additional information [line items]
Percentage of equity interest				12.50%
Banco De Galicia Y Buenos Aires S.A.U. [member] | Chattel mortgage agreement [member]
Disclosure of additional information [line items]
Balances recorded from activities as security agent						5,042,730		3,406,706	1,866,441
Banco Galicia [member]
Disclosure of additional information [line items]
Minimum liquidity requirement				$ 70
Legal reserve				20.00%
Percentage of profit shown in income statement				20.00%
Argentine Central Bank [member]
Disclosure of additional information [line items]
Fines and penalties	$ 1,497		$ 4,483
Provision						$ 5,306		$ 7,357	$ 10,134
Minimum capital requirement				3.50%
Grupo Financiero Galicia SA [member]
Disclosure of additional information [line items]
Percentage of net income transferred				5.00%
Legal reserve				20.00%
Tarjeta Naranja S.A. [member]
Disclosure of additional information [line items]
Description of dividend				Tarjeta Naranja S.A.'s Ordinary and Extraordinary Shareholders' Meeting held on March 16, 2006 decided to set the maximum limit for the distribution of dividends at 25% of the realized and liquid profits of each fiscal year. This restriction shall remain in force as long as the company's Shareholders' Equity is below $300,000.
Minimum capital requirement				50.00%

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Additional Information Required by the Argentine Central Bank - Summary of Fiduciary Property Breakdown (Detail) - Trust [member] - Banco De Galicia Y Buenos Aires S.A.U. [member] $ in Thousands	12 Months Ended
	Dec. 31, 2018 ARS ($)
Disclosure of trust activities [line items]
Balances of Trust Funds	$ 8,021
Exxon mobil [member]
Disclosure of trust activities [line items]
Date of Contract	Apr. 17, 2012
Trustor	Exxon Mobil
Balances of Trust Funds	$ 5,310
Maturity Date	Apr. 19, 2019
Profertil [member]
Disclosure of trust activities [line items]
Date of Contract	Apr. 29, 2013
Trustor	Profertil
Balances of Trust Funds	$ 28
Maturity Date	Dec. 31, 2018
Coop de trab portuarios [member]
Disclosure of trust activities [line items]
Date of Contract	Sep. 12, 2014
Trustor	Coop. de Trab. Portuarios
Balances of Trust Funds	$ 1,033
Maturity Date	Sep. 12, 2020
Rios belt [member]
Disclosure of trust activities [line items]
Date of Contract	Apr. 14, 2016
Trustor	Rios Belt
Balances of Trust Funds	$ 198
Maturity Date	Apr. 14, 2019
MSU [member]
Disclosure of trust activities [line items]
Date of Contract	May 24, 2017
Trustor	MSU
Balances of Trust Funds	$ 130
Maturity Date	Jul. 29, 2020
SACDE [member]
Disclosure of trust activities [line items]
Date of Contract	Jun. 22, 2017
Trustor	SACDE
Balances of Trust Funds	$ 1
Maturity Date	Jun. 22, 2020
Dist gas del centro [member]
Disclosure of trust activities [line items]
Date of Contract	Jun. 28, 2017
Trustor	Dist. Gas del Centro
Balances of Trust Funds	$ 258
Maturity Date	Dec. 31, 2018
Dist. gas cuyana [member]
Disclosure of trust activities [line items]
Date of Contract	Jul. 19, 2017
Trustor	Dist. Gas Cuyana
Balances of Trust Funds	$ 568
Maturity Date	Dec. 31, 2018
Dist gas del centro [member]
Disclosure of trust activities [line items]
Date of Contract	Aug. 08, 2017
Trustor	Dist. Gas del Centro
Balances of Trust Funds	$ 495
Maturity Date	Dec. 31, 2018

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Additional Information Required by the Argentine Central Bank - Summary of Financial Trust Contracts (Detail) - Financial trust contract [member] - Financial guarantee contracts [member] - Banco De Galicia Y Buenos Aires S.A.U. [member] $ in Thousands	12 Months Ended
	Dec. 31, 2018 ARS ($)
Gas I [member]
Disclosure of trust activities [line items]
Date of Contract	Jun. 06, 2012
Trust	Gas I
Balances of Trust Funds	$ 65,484
Maturity Date	Dec. 31, 2018
Gas II [member]
Disclosure of trust activities [line items]
Date of Contract	May 14, 2009
Trust	Gas II
Balances of Trust Funds	$ 5,545,230
Maturity Date	Dec. 31, 2022
Cag S.A. [member]
Disclosure of trust activities [line items]
Date of Contract	Feb. 10, 2011
Trust	Cag S.A.
Balances of Trust Funds	$ 421
Maturity Date	Dec. 31, 2018
Mila III [member]
Disclosure of trust activities [line items]
Date of Contract	Jun. 08, 2011
Trust	Mila III
Balances of Trust Funds	$ 6,367
Maturity Date	Dec. 31, 2018
Mila IV [member]
Disclosure of trust activities [line items]
Date of Contract	Sep. 01, 2011
Trust	Mila IV
Balances of Trust Funds	$ 893
Maturity Date	Dec. 31, 2018
Cag S.A. II [member]
Disclosure of trust activities [line items]
Date of Contract	Sep. 14, 2011
Trust	Cag S.A. II
Balances of Trust Funds	$ 638
Maturity Date	Dec. 31, 2018
Mila V [member]
Disclosure of trust activities [line items]
Date of Contract	Feb. 13, 2014
Trust	Mila V
Balances of Trust Funds	$ 1,212
Maturity Date	May 20, 2020
Mila VI [member]
Disclosure of trust activities [line items]
Date of Contract	Jun. 06, 2014
Trust	Mila VI
Balances of Trust Funds	$ 831
Maturity Date	Oct. 20, 2020
Red surcos II [member]
Disclosure of trust activities [line items]
Date of Contract	Jun. 18, 2014
Trust	Red Surcos II
Balances of Trust Funds	$ 1,354
Maturity Date	Dec. 31, 2018
Mila VII [member]
Disclosure of trust activities [line items]
Date of Contract	Oct. 03, 2014
Trust	Mila VII
Balances of Trust Funds	$ 1,087
Maturity Date	Jan. 20, 2021
Red surcos III [member]
Disclosure of trust activities [line items]
Date of Contract	Jan. 13, 2015
Trust	Red Surcos III
Balances of Trust Funds	$ 766
Maturity Date	Dec. 31, 2018
Mila VIII [member]
Disclosure of trust activities [line items]
Date of Contract	Jan. 27, 2015
Trust	Mila VIII
Balances of Trust Funds	$ 4,417
Maturity Date	Jun. 15, 2021
Mila IX [member]
Disclosure of trust activities [line items]
Date of Contract	May 18, 2015
Trust	Mila IX
Balances of Trust Funds	$ 4,074
Maturity Date	Sep. 15, 2021
Mila X [member]
Disclosure of trust activities [line items]
Date of Contract	Aug. 24, 2015
Trust	Mila X
Balances of Trust Funds	$ 4,956
Maturity Date	Dec. 20, 2021
Mila XI [member]
Disclosure of trust activities [line items]
Date of Contract	Oct. 30, 2015
Trust	Mila XI
Balances of Trust Funds	$ 6,073
Maturity Date	Jan. 15, 2022
Mila XII [member]
Disclosure of trust activities [line items]
Date of Contract	Jan. 14, 2016
Trust	Mila XII
Balances of Trust Funds	$ 8,177
Maturity Date	Nov. 15, 2021
Red surcos IV [member]
Disclosure of trust activities [line items]
Date of Contract	Feb. 05, 2016
Trust	Red Surcos IV
Balances of Trust Funds	$ 900
Maturity Date	Dec. 31, 2018
Mila XIII [member]
Disclosure of trust activities [line items]
Date of Contract	May 13, 2016
Trust	Mila XIII
Balances of Trust Funds	$ 15,685
Maturity Date	Sep. 15, 2022
Mila XIV [member]
Disclosure of trust activities [line items]
Date of Contract	Sep. 01, 2016
Trust	Mila XIV
Balances of Trust Funds	$ 17,252
Maturity Date	Jan. 31, 2023
Mila XV [member]
Disclosure of trust activities [line items]
Date of Contract	Oct. 27, 2016
Trust	Mila XV
Balances of Trust Funds	$ 23,714
Maturity Date	Mar. 31, 2023
Mila XVI [member]
Disclosure of trust activities [line items]
Date of Contract	Jan. 10, 2017
Trust	Mila XVI
Balances of Trust Funds	$ 32,047
Maturity Date	Jun. 30, 2023
Mila XVII [member]
Disclosure of trust activities [line items]
Date of Contract	Feb. 24, 2017
Trust	Mila XVII
Balances of Trust Funds	$ 52,113
Maturity Date	Sep. 30, 2023
Fedeicred agro series IV [member]
Disclosure of trust activities [line items]
Date of Contract	May 29, 2017
Trust	Fedeicred Agro Series IV
Balances of Trust Funds	$ 121
Maturity Date	Dec. 31, 2018
Mila XVIII [member]
Disclosure of trust activities [line items]
Date of Contract	Jun. 12, 2017
Trust	Mila XVIII
Balances of Trust Funds	$ 62,932
Maturity Date	Jan. 31, 2024
Mas Cuotas Series VIII [member]
Disclosure of trust activities [line items]
Date of Contract	Jun. 21, 2017
Trust	Mas Cuotas Series VIII
Balances of Trust Funds	$ 743
Maturity Date	Dec. 31, 2018
Mas cuotas series IX [member]
Disclosure of trust activities [line items]
Date of Contract	Aug. 16, 2017
Trust	Mas Cuotas Series IX
Balances of Trust Funds	$ 251
Maturity Date	Dec. 31, 2018
Mas cuotas series X [member]
Disclosure of trust activities [line items]
Date of Contract	Oct. 20, 2017
Trust	Mas Cuotas Series X
Balances of Trust Funds	$ 2,233
Maturity Date	Oct. 15, 2018
Mila XIX [member]
Disclosure of trust activities [line items]
Date of Contract	Oct. 27, 2017
Trust	Mila XIX
Balances of Trust Funds	$ 450
Maturity Date	May 31, 2024
Mila XX [member]
Disclosure of trust activities [line items]
Date of Contract	Feb. 16, 2018
Trust	Mila XX
Balances of Trust Funds	$ 88
Maturity Date	Sep. 30, 2024

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Additional Information Required by the Argentine Central Bank - Summary of Balances of the Mutual Funds (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Disclosure of mutual funds portfolio [line items]
Total	$ 432,046,616	$ 552,773,188	$ 476,985,232
Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	60,431,318	100,358,507	68,796,941
FIMA Acciones [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	328,125	609,485	217,062
FIMA P.B. Acciones [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	718,431	1,688,067	562,550
FIMA Renta en pesos [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	245,333	776,359	440,492
FIMA Ahorro pesos [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	9,891,974	30,744,494	29,398,557
FIMA Renta Plus [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	145,308	546,213	455,650
FIMA Premium [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	29,475,771	14,909,786	13,137,998
FIMA Ahorro Plus [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	9,967,609	25,452,146	18,784,320
FIMA Capital Plus [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	205,069	559,840	1,035,146
FIMA Abierto PyMES [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	312,788	390,089	344,786
FIMA Mix I [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	6,686	243,453	279,123
FIMA Renta Dolares I [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	7,373,261	18,284,933	4,137,019
FIMA Renta Dolares II [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	1,554,263	$ 6,153,642	$ 4,238
FIMA Renta Fija Internacional [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	193,618
FIMA Acciones Latinoamericanas Dolares [member] | Mutual funds [member]
Disclosure of mutual funds portfolio [line items]
Total	$ 13,082

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Additional Information Required by the Argentine Central Bank - Summary of Compliance with Minimum Cash Requirements (Detail) - Dec. 31, 2018 $ in Thousands, $ in Thousands	USD ($)	ARS ($)
Argentina, Pesos [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank		$ 74,401,427
Minimum balance kept as government securities		1,032,796
U.S. Dollar [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	$ 1,795,187
Minimum balance kept as government securities	364
Euro [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	15
Checking Accounts at Argentine Central Bank [member] | Argentina, Pesos [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank		40,110,751
Checking Accounts at Argentine Central Bank [member] | U.S. Dollar [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	1,783,087	67,415,488
Checking Accounts at Argentine Central Bank [member] | Euro [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	15	580
Special Guarantees Accounts at Argentine Central Bank[member] | Argentina, Pesos [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank		4,730,689
Special Guarantees Accounts at Argentine Central Bank[member] | U.S. Dollar [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	12,100	457,480
Argentine Treasury Bonds [member] | Argentina, Pesos [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank		8,755,174
Liquidity bills [member] | Argentina, Pesos [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank		20,804,813
Government Securities and Debt Instruments Issued by Argentine Central Bank [member] | Argentina, Pesos [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum balance kept as government securities		1,032,796
Government Securities and Debt Instruments Issued by Argentine Central Bank [member] | U.S. Dollar [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum balance kept as government securities	$ 364	$ 13,876

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Additional Information Required by the Argentine Central Bank - Summary of Compliance with Minimum Cash Requirements (Parenthetical) (Detail) - Dec. 31, 2018 $ in Thousands, $ in Thousands	USD ($)	ARS ($)
U.S. Dollar [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	$ 1,795,187
Minimum balance kept as government securities	364
Euro [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	15
Checking Accounts at Argentine Central Bank [member] | U.S. Dollar [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	1,783,087	$ 67,415,488
Checking Accounts at Argentine Central Bank [member] | Euro [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	15	580
Special Guarantees Accounts at Argentine Central Bank[member] | U.S. Dollar [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum cash requirements at bank	12,100	457,480
Government Securities and Debt Instruments Issued by Argentine Central Bank [member] | U.S. Dollar [member]
Disclosure of accounts showing compliance with minimum cash requirements [line items]
Minimum balance kept as government securities	$ 364	$ 13,876

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Additional Information Required by the Argentine Central Bank - Schedule of Shareholders' Equity (Detail) - ARS ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Share Capital	$ 1,426,765	$ 1,426,765	$ 1,300,265
Additional paid in Capital	22,479,149	$ 22,479,149	$ 16,354,236
Argentine Central Bank [member]
Share Capital	1,426,765
Additional paid in Capital	10,951,132
Adjustments to Shareholders' equity	278,131
Legal reserve	340,979
Distribuitable reserves	25,103,198
Non distributable reserves	2,770,380
Profit for the year	14,427,034
Total Shareholder's equity under the rules of the Argentine Central Bank	$ 55,297,619

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Additional Information Required by the Argentine Central Bank - Schedule of Plan for Distribution of Profit (Detail) $ in Thousands	Dec. 31, 2018 ARS ($)
Distribution of profits [abstract]
Unappropriated Retained Income	$ 42,357,973
To Special Reserve "First-time Application of IFRS"	2,827,741
Subtotal	39,530,232
Distributable Amount	39,530,232
Distributed Income
To Discretionary Reserve	12,427,034
To Cash Dividends	2,000,000
To Common Shares (140.1773% of $1,426,765)	2,000,000
Unappropriated Retained Income	$ 37,530,232

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Additional Information Required by the Argentine Central Bank - Schedule of Plan for Distribution of Profit (Parenthetical) (Detail) - ARS ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2017
Distribution of profits [abstract]
Share Capital	$ 1,426,765	$ 1,426,765	$ 1,300,265
Percentage of share capital	140.1773%

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Subsequent Events - Additional Information (Detail) - Major ordinary share transactions [member] $ in Thousands	Feb. 01, 2019 USD ($)	Jan. 21, 2019 $ / shares shares	Dec. 31, 2018 shares
Banco Galicia [member]
Disclosure of Events After Reporting Period [line items]
Estimated total share price of transaction	$ 63,073
Deferred share price	$ 43,185
Number of shares hold by shareholders | shares			3,057,642
Percentage of capital stock			7.3988%
Banco Galicia [member] | Argentina, Pesos [member]
Disclosure of Events After Reporting Period [line items]
Currency rate	30.00%
Annual currency rate	15.00%
Banco Galicia [member] | U.S. Dollar [member]
Disclosure of Events After Reporting Period [line items]
Currency rate	70.00%
Annual currency rate	10.00%
AI Zenith [member]
Disclosure of Events After Reporting Period [line items]
Face value per share | $ / shares		$ 1
Percentage of voting equity interest acquired		7.7007%
Number of common shares sold | shares		3,182,444
Estimated total share price of transaction	$ 106,258