The fair value hierarchy of assets and liabilities measured at fair value as of December 31, 2023 is detailed below:


	Book value		Total fair value		Level 1 Fair value		Level 2 Fair value		Level 3 Fair value
Financial assets at fair value through profit or loss

- Debt securities		226,082,874		226,082,874		223,932,573		1,651,592		498,709
- Derivatives		10,001,900		10,001,900		—		10,001,900		—
- Equity instruments		3,967,748		3,967,748		3,967,748		—		—
Financial assets at fair value through other comprehensive income
- Debt securities		841,884,579		841,884,579		655,381,499		181,812,303		4,690,777
- Equity instruments		1,984,994		1,984,994		—		432,216		1,552,778

Total		1,083,922,095		1,083,922,095		883,281,820		193,898,011		6,742,264

Financial liabilities at fair value through profit or loss

- Trading liabilities		10,330,335		10,330,335		10,325,192		5,143		—
- Derivatives		2,145,218		2,145,218		—		2,145,218		—

Total		12,475,553		12,475,553		10,325,192		2,150,361		—

The fair value hierarchy of assets and liabilities measured at fair value as of December 31, 2022 is detailed below:


	Book value		Total fair value		Level 1 Fair value		Level 2 Fair value		Level 3 Fair value
Financial assets at fair value through profit or loss

- Debt securities		79,470,642		79,470,642		12,198,634		67,272,008		—
- Derivatives		7,063,310		7,063,310		—		7,063,310		—
- Equity instruments		14,961,750		14,961,750		14,961,750		—		—
Financial assets at fair value through other comprehensive income
- Debt securities		1,922,232,187		1,922,232,187		214,213,701		1,705,993,417		2,025,069
- Equity instruments		188,301		188,301		—		188,301		—

Total		2,023,916,190		2,023,916,190		241,374,085		1,780,517,036		2,025,069

Financial liabilities at fair value through profit or loss
- Derivatives		1,041,154		1,041,154		—		1,041,154		—

Total		1,041,154		1,041,154		—		1,041,154		—

The tables below show a sensitivity analysis for each of the above-mentioned securities:


Latest market price scenarios	Changes in final price
	ON ARCOR17			ON REF2B			ON BSCNO			ON PQCLO			ON TYCYO			ON WNCFO			ON WNCGO			ON WNCJO			ON WNCKO
+ 2%		2.000	%		2.000	%		1.910	%		2.190	%		1.740	%		2.100	%		1.950	%		1.900	%		0.070	%
+ 5%		5.000	%		5.000	%		4.810	%		5.480	%		4.360	%		5.250	%		4.880	%		4.740	%		3.120	%
+ 10%		10.000	%		10.000	%		5.710	%		10.960	%		8.720	%		10.510	%		9.750	%		9.480	%		8.190	%

Sell Options

The sensitivity analysis (based on the price of the underlying asset) for the put options in the Bank’s portfolio is presented below.

The put options in the Bank’s portfolio with their corresponding underlying asset are detailed below:

Put-

Underlying

The fair value hierarchy of assets and liabilities not measured at fair value as of December 31, 2023 is detailed below:


	Book value		Total fair value			Level 2 Fair value		Level 3 Fair value
Financial assets

Cash and cash equivalents		1,142,679,367		(a	)		—		—
Other financial assets		171,212,909		(a	)		—		—
Debt securities		83,823,214		97,167,314			97,167,314		—
Loans and advances		1,975,497,390		1,873,436,751	(b)		—		1,873,436,751
Reverse repurchase agreements		1,201,149,144		(a	)		—		—

Financial liabilities

Deposits		3,639,306,660		3,598,681,184			3,598,681,184		—
Other financial liabilities		448,258,450		(a	)		—		—
Bank loans		28,189,967		27,621,005			27,621,005		—
Debt securities issued		12,816,710		13,043,560			13,043,560		—

The fair value hierarchy of assets and liabilities not measured at fair value as of December 31, 2022 is detailed below:


	Book value		Total fair value			Level 2 Fair value		Level 3 Fair value
Financial assets

Cash and cash equivalents		922,374,620		(a	)		—		—
Other financial assets		181,586,921		(a	)		—		—
Debt securities		117,766,716		138,663,334			138,663,334		—
Loans and advances		2,233,080,125		2,090,403,908			—		2,090,403,908
Reverse repurchase agreements		163,404,615		(a	)		—		—
Financial liabilities

Deposits		4,091,312,436		4,011,915,404			4,011,915,404		—
Other financial liabilities		368,805,430		(a	)		—		—
Bank loans		61,886,118		59,687,835			59,687,835		—
Debt securities issued		595,354		591,578			591,578		—

a)	The Group does not report the fair value as the accounting values are a reasonable approximation of the fair values.

b)	The Bank’s Management has not identified additional impairment indicators of its financial assets as a result of the differences in the fair value thereof.

Put-

Underlying