XML 82 R63.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Investment in Joint Ventures and Associates (Tables)
 12 Months Ended
Dec. 31, 2023
Investment in Joint Ventures and Associates [Abstract]  
Table of Investment in Joint Ventures and Associates
 
 
  
BBVA Argentina

Ownership

and Voting Power

(in percentages)
 
 
December 31,
2023
 
  
December 31,
2022
 
BBVA Consolidar Seguros S.A.
 
(
1
)
 
 
12.22
% 
      4,710,065        3,728,002  
Rombo Cía. Financiera S.A.
 
(
2
)
 
 
40.00
% 
      3,077,455        2,317,504  
Interbanking S.A.
 
(3)
 
 
11.11
% 
      2,110,363        2,565,912  
Play Digital S.A.
(
4) (5
)
 
 
11.06
% 
      1,953,029        1,515,211  
Openpay Argentina S.A.
(
6) (7
)
 
 
12.51
% 
      515,320        671,083  
 
 
 
 
   
 
 
     
 
 
  
TOTAL
 
 
 
 
   
 
12,366,232
 
   
 
10,797,712
 
 
 
 
 
   
 
 
     
 
 
  
 
(1)
 
Main Business Activity: Insurance
(2)
 
Main Business Activity: Financial institution
(3)
 
Main Business Activity: Information services for financial markets
(4)
 
Main Business Activity: Development, offer and implementation of a digital payment solution
(5)
 
To establish the value of this investment, accounting information from Play Digital S.A. has been used. as of September 30, 2023. Additionally, significant transactions carried out or events that occurred between October 1, 2023 and December 31, 2023 have been considered.
(6)
 
Main Business Activity: Development, offer and implementation of a digital payment solution
(
7
)
 
On April 19, 2023, 29,205 (in nominal values) shares were subscribed for and paid in cash.
Table of Investment in Joint Ventures and Associates - Most Significant Investments
     Rombo Compañía Financiera
S.A.		  
     December 31,
2023		     December 31,
2022		  
Total assets
      34,550,738       71,742,946  
Total liabilities
      26,857,100       65,949,187  
Equity
      7,693,638       5,793,759  
Gain/
Losses
      1,899,836       (5,977,708 )