Leases

12 Months Ended

Dec. 31, 2023

Disclosure Of Leases [Abstract]

Leases

39. Leases

The Group as lessee

The Group leases branches under lease contracts. Leases are typically for a term of 5 years, with the option to renew after that date. Payments for leases are increased annually to reflect the market conditions.

Below are the minimum future payments of leases under lease contracts not subject to cancellation as of December 31, 2023 and 2022:

	Leases in U.S. dollars		Leases in local currency		Total December 31, 2023		Total December 31, 2022
Up to 1 year		1,132,081		90,698		1,222,779		962,674
From 1 to 5 years		16,889,173		689,136		17,578,309		9,830,237
More than 5 years		4,495,220		212,522		4,707,742		2,057,987
TOTAL						23,508,830		12,850,898

The interest on liabilities from finance lease as of December 31, 2023 and 2022, amounts to 1,699,151 and 1,935,792, respectively. The exchange rate loss difference recognized in profit or loss as of December 31, 2023 and 2022, amounts to 25,883,804 and 12,895,722, respectively.