XML 109 R89.htm IDEA: XBRL DOCUMENT v3.23.1
SEGMENT REPORTING (Details) - ARS ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Disclosure of operating segments [line items]      
Cash and due from banks $ 48,399,468 $ 63,452,161 $ 107,832,923
Debt Securities at fair value through profit or loss 22,384,677 38,486,623 29,025,766
Loans and other financing 235,591,198 302,853,393  
Other Assets 390,491,954 355,686,332  
TOTAL ASSETS 696,867,297 760,478,509  
Deposits 547,516,935 561,896,707  
Financing received from the Argentine Central Bank and others 5,529,676 12,179,537  
Negotiable obligations 561,409 2,063,327  
Other liabilities 50,913,244 83,922,240  
TOTAL LIABILITIES 604,521,264 660,061,811  
Interest income 251,873,826 201,478,253 190,233,183
Interest Expense (165,506,341) (117,848,917) (84,027,323)
Net interest income 86,367,485 83,629,336 106,205,860
Net income from financial instruments at fair value through profit or loss 18,246,719 17,316,082 9,748,608
Result from derecognition of assets measured at amortized cost 491,837 495,139 1,931,793
Exchange rate differences on gold and foreign currency 2,742,959 1,933,094 3,130,019
Net Income From Financial instruments And Exchange Rate Differences 21,481,515 19,744,315 14,810,420
Net Financial Income 107,849,000 103,373,651 121,016,280
Services Fee Income 30,339,068 32,462,798 33,794,603
Services Fee Expenses (10,723,155) (9,896,431) (10,432,762)
Income from insurance activities 4,526,372 4,424,232 4,914,478
Net Service Fee Income 24,142,285 26,990,599 28,276,319
Subtotal 131,991,285 130,364,250 149,292,599
Result from exposure to changes in the purchasing power of money (17,749,063) (15,208,972) (12,614,594)
Other operating income 10,491,417 10,473,784 11,112,493
Loan loss provisions (14,171,016) (17,394,877) (25,330,344)
Net operating income 110,562,623 108,234,185 122,460,154
Personnel expenses (53,892,546) (49,850,151) (53,444,350)
Administration expenses (28,562,821) (29,911,621) (30,339,034)
Depreciations and impairment non-financial assets (10,098,597) (8,230,289) (7,077,240)
Other operating expenses (26,629,090) (23,079,185) (19,331,429)
Operating income (loss) (8,620,431) (2,837,061) 12,268,101
Result before taxes (8,620,431) (2,837,061) 12,268,101
Income tax 3,586,014 (545,241) (1,974,983)
Net (loss) / income (5,034,417) (3,382,302) 10,293,118
Net (loss) / income for the year attributable to owners of the parent (5,028,955) (3,378,763) 10,290,495
Net (Loss) / income for the year attributable to non-controlling interests (5,462) (3,539) 2,623
Other comprehensive (loss) / income (1,161,177) (104,659) 2,363,048
Other comprehensive (loss) / income attributable to owners of the parent company (1,159,949) (104,525) 2,360,761
Other comprehensive (loss) / income attributable to non-controlling interest (1,228) (134) 2,287
Comprehensive (loss) / income for the year (6,195,594) (3,486,961) 12,656,166
Comprehensive (loss) / income attributable to owners of the parent company (6,188,904) (3,483,288) 12,651,256
Comprehensive income (loss) attributable to non-controlling interest (6,690) (3,673) 4,910
Adjustments      
Disclosure of operating segments [line items]      
Cash and due from banks (48,748) 368,897  
Loans and other financing (1,440,712) (10,781,119)  
Other Assets 12,267,797 46,018,231  
TOTAL ASSETS 10,778,337 35,606,009  
Deposits (419,671) (1,188,314)  
Financing received from the Argentine Central Bank and others (732,287) (9,602,838)  
Negotiable obligations   1  
Other liabilities 18,304,932 15,418,895  
TOTAL LIABILITIES 17,152,974 4,627,744  
Interest income (3,300,356) (3,122,784) (1,118,488)
Interest Expense 4,609,359 3,154,025 1,370,976
Net interest income 1,309,003 31,241 252,488
Net income from financial instruments at fair value through profit or loss 544,846 281,596 1,002,156
Result from derecognition of assets measured at amortized cost (6,047) (46,035) (93,423)
Exchange rate differences on gold and foreign currency 425,118 177,381 289,825
Net Income From Financial instruments And Exchange Rate Differences 963,917 412,942 1,198,558
Net Financial Income 2,272,920 444,183 1,451,046
Services Fee Income (312,866) (670,493) (1,234,915)
Services Fee Expenses 641,103 312,239 (87,257)
Income from insurance activities 491,519 575,278 638,770
Net Service Fee Income 819,756 217,024 (683,402)
Subtotal 3,092,676 661,207 767,644
Result from exposure to changes in the purchasing power of money (2,574,753) (1,224,273) (432,079)
Other operating income (1,295,684) (452,241) (390,201)
Loan loss provisions (9,777)    
Net operating income (787,538) (1,015,307) (54,636)
Personnel expenses (47,751) (70,926) (347,178)
Administration expenses 355,037 379,646 791,419
Depreciations and impairment non-financial assets 316,009 (182,620) (185,037)
Other operating expenses 9,779 (78,053) (117,669)
Operating income (loss) (154,464) (967,260) 86,899
Income from associates and joint ventures 10,673 (10,544) (18,983)
Result before taxes (143,791) (977,804) 67,916
Income tax 160,253 (122,826) 1,548,996
Net (loss) / income 16,462 (1,100,630) 1,616,912
Net (loss) / income for the year attributable to owners of the parent 21,924 (1,097,091) 1,614,289
Net (Loss) / income for the year attributable to non-controlling interests (5,462) (3,539) 2,623
Other comprehensive (loss) / income (38,994) 26,540 (34,208)
Other comprehensive (loss) / income attributable to owners of the parent company (37,766) 26,674 (36,495)
Other comprehensive (loss) / income attributable to non-controlling interest (1,228) (134) 2,287
Comprehensive (loss) / income for the year (22,532) (1,074,090) 1,582,704
Comprehensive (loss) / income attributable to owners of the parent company (15,842) (1,070,417) 1,577,794
Comprehensive income (loss) attributable to non-controlling interest (6,690) (3,673) 4,910
Personal and Business Banking | Operating segments [member]      
Disclosure of operating segments [line items]      
Cash and due from banks 18,640,425 23,591,677  
Debt Securities at fair value through profit or loss 72,941    
Loans and other financing 143,638,954 148,658,868  
Other Assets 15,972,688 12,875,007  
TOTAL ASSETS 178,325,008 185,125,552  
Deposits 245,102,232 270,137,000  
Financing received from the Argentine Central Bank and others 35,406 29,895  
Negotiable obligations 12,874 26,287  
Other liabilities 18,799,427 27,698,342  
TOTAL LIABILITIES 263,949,939 297,891,524  
Interest income 68,595,988 59,843,799 64,781,126
Interest Expense (50,693,775) (31,627,176) (24,056,798)
Distribution of results by Treasury 16,496,028 10,001,101 10,025,101
Net interest income 34,398,241 38,217,724 50,749,429
Exchange rate differences on gold and foreign currency 632,202 616,744 1,115,162
Net Income From Financial instruments And Exchange Rate Differences 632,202 616,744 1,115,162
Net Financial Income 35,030,443 38,834,468 51,864,591
Services Fee Income 20,028,687 20,509,780 21,947,149
Services Fee Expenses (7,491,247) (6,710,658) (7,213,591)
Net Service Fee Income 12,537,440 13,799,122 14,733,558
Subtotal 47,567,883 52,633,590 66,598,149
Result from exposure to changes in the purchasing power of money 12,477,842 5,798,882 4,277,047
Other operating income 3,843,533 2,543,257 4,503,007
Loan loss provisions (9,801,914) (8,080,660) (12,835,377)
Net operating income 54,087,344 52,895,069 62,542,826
Personnel expenses (36,872,521) (35,503,440) (39,060,155)
Administration expenses (20,593,305) (21,573,090) (21,849,322)
Depreciations and impairment non-financial assets (7,512,248) (6,446,388) (5,658,084)
Other operating expenses (11,041,216) (10,177,556) (11,274,663)
Operating income (loss) (21,931,946) (20,805,405) (15,299,398)
Result before taxes (21,931,946) (20,805,405) (15,299,398)
Income tax 7,579,721 7,248,314 4,059,222
Net (loss) / income (14,352,225) (13,557,091) (11,240,176)
Net (loss) / income for the year attributable to owners of the parent (14,352,225) (13,557,091) (11,240,174)
Other comprehensive (loss) / income (137,100) (45,245) 647,294
Other comprehensive (loss) / income attributable to owners of the parent company (137,100) (45,245) 647,294
Comprehensive (loss) / income for the year (14,489,325) (13,602,336) (10,592,882)
Comprehensive (loss) / income attributable to owners of the parent company (14,489,325) (13,602,336) (10,592,880)
Corporate Banking | Operating segments [member]      
Disclosure of operating segments [line items]      
Cash and due from banks 764,338 1,075,554  
Debt Securities at fair value through profit or loss 1,617,976    
Loans and other financing 82,383,817 121,086,352  
Other Assets 5,171,074 6,715,094  
TOTAL ASSETS 89,937,205 128,877,000  
Deposits 63,585,543 60,528,871  
Financing received from the Argentine Central Bank and others 88    
Negotiable obligations 4,373 16,289  
Other liabilities 3,879,023 8,389,824  
TOTAL LIABILITIES 67,469,027 68,934,984  
Interest income 35,920,437 37,890,661 38,167,889
Interest Expense (10,624,629) (5,920,482) (3,156,957)
Distribution of results by Treasury (10,976,718) (17,873,258) (18,788,017)
Net interest income 14,319,090 14,096,921 16,222,915
Exchange rate differences on gold and foreign currency 146,828 168,636 154,672
Net Income From Financial instruments And Exchange Rate Differences 146,828 168,636 154,672
Net Financial Income 14,465,918 14,265,557 16,377,587
Services Fee Income 2,213,741 2,022,791 1,976,670
Services Fee Expenses (600,059) (662,829) (565,596)
Net Service Fee Income 1,613,682 1,359,962 1,411,074
Subtotal 16,079,600 15,625,519 17,788,661
Result from exposure to changes in the purchasing power of money (5,988,253) (3,614,993) (2,666,286)
Other operating income 3,531,800 2,649,074 4,465,178
Loan loss provisions (495,474) (1,608,512) (9,908,962)
Net operating income 13,127,673 13,051,088 9,678,591
Personnel expenses (5,481,914) (3,736,681) (3,737,283)
Administration expenses (1,768,577) (1,561,632) (1,496,356)
Depreciations and impairment non-financial assets (1,021,736) (612,169) (423,852)
Other operating expenses (3,340,741) (4,193,085) (3,691,407)
Operating income (loss) 1,514,705 2,947,521 329,693
Result before taxes 1,514,705 2,947,521 329,693
Income tax (98,749) (989,201) 221,470
Net (loss) / income 1,415,956 1,958,320 551,163
Net (loss) / income for the year attributable to owners of the parent 1,415,956 1,958,320 551,163
Other comprehensive (loss) / income (48,338) (28,031) 340,978
Other comprehensive (loss) / income attributable to owners of the parent company (48,338) (28,031) 340,978
Comprehensive (loss) / income for the year 1,367,618 1,930,289 892,141
Comprehensive (loss) / income attributable to owners of the parent company 1,367,618 1,930,289 892,141
Treasury [member] | Operating segments [member]      
Disclosure of operating segments [line items]      
Cash and due from banks 28,448,336 36,471,307  
Debt Securities at fair value through profit or loss 19,876,879 36,896,690  
Loans and other financing 8,442,170 20,186,470  
Other Assets 337,729,730 272,683,855  
TOTAL ASSETS 394,497,115 366,238,322  
Deposits 235,204,847 219,175,414  
Financing received from the Argentine Central Bank and others 5,494,188 11,417,648  
Negotiable obligations 544,162 2,020,750  
Other liabilities 5,374,177 20,723,982  
TOTAL LIABILITIES 246,617,374 253,337,794  
Interest income 139,048,123 91,405,063 75,243,701
Interest Expense (100,741,944) (75,986,668) (54,086,014)
Distribution of results by Treasury (5,519,310) 7,872,157 8,762,916
Net interest income 32,786,869 23,290,552 29,920,603
Net income from financial instruments at fair value through profit or loss 13,918,206 14,369,613 6,806,796
Result from derecognition of assets measured at amortized cost 497,884 541,174 2,025,216
Exchange rate differences on gold and foreign currency 1,481,454 782,484 1,244,489
Net Income From Financial instruments And Exchange Rate Differences 15,897,544 15,693,271 10,076,501
Net Financial Income 48,684,413 38,983,823 39,997,104
Services Fee Income 174,848 120,104 175,339
Services Fee Expenses (345,765) (331,413) (175,705)
Net Service Fee Income (170,917) (211,309) (366)
Subtotal 48,513,496 38,772,514 39,996,738
Result from exposure to changes in the purchasing power of money (19,419,563) (12,530,796) (9,319,586)
Other operating income 1,464,910 4,035,567 744,698
Loan loss provisions (417,613) (61,599) (12,046)
Net operating income 30,141,230 30,215,686 31,409,804
Personnel expenses (2,846,491) (2,147,250) (2,736,205)
Administration expenses (1,370,603) (1,521,346) (1,359,438)
Depreciations and impairment non-financial assets (448,352) (410,667) (319,011)
Other operating expenses (8,467,679) (6,107,245) (2,165,681)
Operating income (loss) 17,008,105 20,029,178 24,829,469
Result before taxes 17,008,105 20,029,178 24,829,469
Income tax (6,282,238) (6,488,444) (6,527,266)
Net (loss) / income 10,725,867 13,540,734 18,302,203
Net (loss) / income for the year attributable to owners of the parent 10,725,867 13,540,734 18,302,203
Other comprehensive (loss) / income (1,013,981) (56,433) 1,408,984
Other comprehensive (loss) / income attributable to owners of the parent company (1,013,981) (56,433) 1,408,984
Comprehensive (loss) / income for the year 9,711,886 13,484,301 19,711,187
Comprehensive (loss) / income attributable to owners of the parent company 9,711,886 13,484,301 19,711,187
Consumer finance | Operating segments [member]      
Disclosure of operating segments [line items]      
Cash and due from banks 220,055 1,426,096  
Debt Securities at fair value through profit or loss 788,425 1,585,480  
Loans and other financing 623,026 21,821,056  
Other Assets 13,734,555 10,012,771  
TOTAL ASSETS 15,366,061 34,845,403  
Deposits 3,974,142 13,096,133  
Financing received from the Argentine Central Bank and others 607,575 10,334,832  
Other liabilities 1,394,727 7,196,198  
TOTAL LIABILITIES 5,976,444 30,627,163  
Interest income 11,576,426 15,443,759 13,034,272
Interest Expense (8,055,352) (7,468,616) (4,020,358)
Net interest income 3,521,074 7,975,143 9,013,914
Net income from financial instruments at fair value through profit or loss 1,061,264 713,660 421,821
Exchange rate differences on gold and foreign currency (33,944) 27,957 111,055
Net Income From Financial instruments And Exchange Rate Differences 1,027,320 741,617 532,876
Net Financial Income 4,548,394 8,716,760 9,546,790
Services Fee Income 4,127,207 5,255,006 6,272,126
Services Fee Expenses (2,734,783) (2,233,900) (2,241,384)
Net Service Fee Income 1,392,424 3,021,106 4,030,742
Subtotal 5,940,818 11,737,866 13,577,532
Result from exposure to changes in the purchasing power of money 771,200 (1,362,331) (2,608,388)
Other operating income 2,645,420 1,510,787 1,071,797
Loan loss provisions (3,432,836) (7,644,106) (2,607,981)
Net operating income 5,924,602 4,242,216 9,432,960
Personnel expenses (5,302,630) (5,104,614) (5,039,007)
Administration expenses (3,447,004) (3,426,780) (4,301,762)
Depreciations and impairment non-financial assets (1,253,319) (398,446) (399,351)
Other operating expenses (3,383,143) (2,089,710) (1,771,245)
Operating income (loss) (7,461,494) (6,777,334) (2,078,405)
Income from associates and joint ventures (10,673) 10,544 18,983
Result before taxes (7,472,167) (6,766,790) (2,059,422)
Income tax 3,290,139 657,020 361,314
Net (loss) / income (4,182,028) (6,109,770) (1,698,108)
Net (loss) / income for the year attributable to owners of the parent (4,182,028) (6,109,770) (1,698,108)
Comprehensive (loss) / income for the year (4,182,028) (6,109,770) (1,698,108)
Comprehensive (loss) / income attributable to owners of the parent company (4,182,028) (6,109,770) (1,698,108)
Insurance [member] | Operating segments [member]      
Disclosure of operating segments [line items]      
Cash and due from banks 2,026 8,221  
Loans and other financing 1,760,652 1,683,684  
Other Assets 3,307,334 4,538,529  
TOTAL ASSETS 5,070,012 6,230,434  
Other liabilities 2,125,228 3,101,869  
TOTAL LIABILITIES 2,125,228 3,101,869  
Interest income 4,659 2,770  
Net interest income 4,659 2,770  
Net income from financial instruments at fair value through profit or loss 1,430,703 1,119,260 1,039,413
Exchange rate differences on gold and foreign currency 20 1,270 (288)
Net Income From Financial instruments And Exchange Rate Differences 1,430,723 1,120,530 1,039,125
Net Financial Income 1,435,382 1,123,300 1,039,125
Income from insurance activities 4,034,853 3,848,954 4,275,708
Net Service Fee Income 4,034,853 3,848,954 4,275,708
Subtotal 5,470,235 4,972,254 5,314,833
Result from exposure to changes in the purchasing power of money (1,931,871) (1,394,082) (1,120,423)
Other operating income 24,084 29,252 30,867
Loan loss provisions (11,988)    
Net operating income 3,550,460 3,607,424 4,225,277
Personnel expenses (1,156,099) (1,102,816) (934,435)
Administration expenses (811,520) (958,441) (776,477)
Depreciations and impairment non-financial assets (108,499) (92,870) (61,042)
Other operating expenses (467) (31,796) (5,369)
Operating income (loss) 1,473,875 1,421,501 2,447,954
Result before taxes 1,473,875 1,421,501 2,447,954
Income tax (614,072) (369,795) (865,969)
Net (loss) / income 859,803 1,051,706 1,581,985
Net (loss) / income for the year attributable to owners of the parent 859,803 1,051,706 1,581,986
Other comprehensive (loss) / income 16,184 (2,279)  
Other comprehensive (loss) / income attributable to owners of the parent company 16,184 (2,279)  
Comprehensive (loss) / income for the year 875,987 1,049,427 1,581,985
Comprehensive (loss) / income attributable to owners of the parent company 875,987 1,049,427 1,581,986
Asset Management and Other Services | Operating segments [member]      
Disclosure of operating segments [line items]      
Cash and due from banks 373,036 510,409  
Debt Securities at fair value through profit or loss 28,456 4,453  
Loans and other financing 183,291 198,082  
Other Assets 2,308,776 2,842,845  
TOTAL ASSETS 2,893,559 3,555,789  
Deposits 69,842 147,603  
Financing received from the Argentine Central Bank and others 124,706    
Other liabilities 1,035,730 1,393,130  
TOTAL LIABILITIES 1,230,278 1,540,733  
Interest income 28,549 14,985 124,683
Interest Expense     (78,172)
Net interest income 28,549 14,985 46,511
Net income from financial instruments at fair value through profit or loss 1,291,700 831,953 478,422
Exchange rate differences on gold and foreign currency 91,281 158,622 215,104
Net Income From Financial instruments And Exchange Rate Differences 1,382,981 990,575 693,526
Net Financial Income 1,411,530 1,005,560 740,037
Services Fee Income 4,107,451 5,225,610 4,658,234
Services Fee Expenses (192,404) (269,870) (149,229)
Net Service Fee Income 3,915,047 4,955,740 4,509,005
Subtotal 5,326,577 5,961,300 5,249,042
Result from exposure to changes in the purchasing power of money (1,083,665) (881,379) (744,879)
Other operating income 277,354 158,088 687,147
Loan loss provisions (1,414)   34,022
Net operating income 4,518,852 5,238,009 5,225,332
Personnel expenses (2,185,140) (2,184,424) (1,590,087)
Administration expenses (926,849) (1,249,978) (1,347,098)
Depreciations and impairment non-financial assets (70,452) (87,129) (30,863)
Other operating expenses (405,623) (401,740) (305,395)
Operating income (loss) 930,788 1,314,738 1,951,889
Result before taxes 930,788 1,314,738 1,951,889
Income tax (449,040) (480,309) (772,750)
Net (loss) / income 481,748 834,429 1,179,139
Net (loss) / income for the year attributable to owners of the parent 481,748 834,429 1,179,136
Other comprehensive (loss) / income 61,052 789  
Other comprehensive (loss) / income attributable to owners of the parent company 61,052 789  
Comprehensive (loss) / income for the year 542,800 835,218 1,179,139
Comprehensive (loss) / income attributable to owners of the parent company $ 542,800 $ 835,218 $ 1,179,136