Net Interest Income (Tables)

12 Months Ended

Dec. 31, 2019

Interest income [Abstract]

Table of Interest Income

	2019		2018		2017
Interest from government securities		36,064,346		15,193,262		2,083,860
Interest from credit card loans		21,049,044		14,411,030		14,978,628
Interest from commercial papers		11,055,527		10,011,320		5,480,055
UVA clause adjustment (1)		10,861,421		6,663,447		355,414
Interest from overdrafts		10,165,810		11,057,634		7,740,446
Interest from consumer loans		9,035,631		11,709,910		9,965,009
Interest from other loans		5,418,765		5,648,600		4,894,009
Interest from loans for the prefinancing and financing of exports		3,155,170		2,691,170		949,300
Interest on loans to financial institutions		2,718,111		3,507,493		1,742,092
Premium for reverse repurchase agreements		1,809,106		1,035,969		1,169,266
Interest from car loans		1,449,019		2,286,746		2,388,989
Interest from mortgage loans		1,388,711		1,427,023		989,498
Interest from financial leases		588,691		992,682		1,010,444
Stabilization Coefficient (CER) clause adjustment (1)		79,678		172,329		1,033,377
Interest from private securities		10,720		64,419		156,649
Other financial income		8,004		62		2,957
TOTAL		114,857,754		86,873,096		54,939,993

(1) Adjustment clauses based on the variation of the consumer price index.

Table of Interest Expenses

	2019		2018		2017
Time deposits		38,808,451		26,129,974		15,398,263
Other liabilities		4,207,666		2,734,026		1,137,092
Savings accounts deposits		2,754,358		6,747,772		1,372,965
UVA clause adjustment (1)		1,539,863		1,974,442		100,999
Bank loans		903,655		281,834		84,048
Interest on the lease liability		317,722		—		—
Premium for reverse repurchase agreements		2,642		169,519		300,707
Others		35,370		17,843		3,243
TOTAL		48,569,727		38,055,410		18,397,317

(1) Adjustment clause based on the variation of the consumer price index.