XML 114 R97.htm IDEA: XBRL DOCUMENT v3.25.1
Investment Portfolio - Government and Corporate Securities (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure Of Detailed Information About Investment Portfolio Of Government And Corporate Securities [Abstract]  
Summary of Investments in Argentine and Other Governments and Corporate Securities The following table sets out the Group’s investments in Argentine and other governments and corporate securities as of December 31, 2024 and 2023 by type and currency of denomination.
AccountFairBookBook
valueValueValue
level12.31.202412.31.2023
DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS
Local:
Government Securities - In pesos
Argentine Treasury Bills Capitalizable in Pesos. Maturity 05-16-2025145,622,467 — 
Treasury Bonds in pesos adjusted by Cer. Maturity 03-31-2026111,758,191 — 
Treasury Bonds in pesos adjusted by Cer 0%. Maturity 10-31-2025
27,414,965 — 
Treasury Bonds in pesos Capitalizable Maturity 02-13-202616,671,200 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-28-202513,932,947 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-28-202513,215,532 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 08-15-202512,191,160 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-17-202522,046,341 — 
Argentine Treasury Bills Capitalizable in pesos. Maturity 05-30-202512,021,394 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-31-202511,920,252 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-14-202511,810,779 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-16-202511,196,536 — 
Treasury Bonds in pesos adjusted by Cer 0%. Maturity 12-15-2025
11,022,133 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-14-20251449,531 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 08-29-20251208,538 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 06-30-20251142,001 — 
Treasury Bonds in pesos adjusted by Cer 4.25%. Maturity 02-14-2025
179,516 389,882 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-31-2025127,475 — 
Treasury Bills adjusted by Cer. Maturity 01-18-20241— 446,799 
Subtotal Government Securities - In pesos91,730,958 836,681 
Government Securities - In foreign currency
AL30 Bond Local Law USD Step Up. Maturity 07-09-2030166,219 59,528 
Argentine Bond in dual currency. Maturity 06-30-20241— 470,852,827 
Argentine Bond in dual currency. Maturity 02-28-20241— 15,830,775 
GD30 Bond Foreign Law USC Step Up. Maturity 07-09-20301— 61,916 
Subtotal Government Securities - In foreign currency66,219 486,805,046 
Private Securities - In pesos
Corporate Bond New San S.A. Series 18 in Pesos Private BADLAR + 300 bps. Maturity 10-17-2024
3— 574,423 
Corporate Bond New San S.A. Series 19 in Pesos Monetary Policy Rate. Maturity 10-17-20243— 511,189 
Corporate Bond Toyota Cia Financiera Series 32 in Pesos. Maturity 02-09-20253— 390 
Subtotal Private Securities - In Pesos— 1,086,002 
Private Securities - In foreign currency
Corporate Bond Central Puerto Series A in USD. Maturity 03-14-20262— 3,596,552 
Subtotal Private Securities - In foreign currency— 3,596,552 
TOTAL DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS91,797,177 492,324,281 
EQUITY INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS
Local:
Private Securities - In pesos
Acción BYMA- Bolsas y Mercados Argentina16,062,948 4,723,901 
Acción Banco de Valores de Bs. As.12,092,186 2,300,986 
Mutual Funds1749,178 1,615,390 
Subtotal Private Securities - In pesos8,904,312 8,640,277 
TOTAL EQUITY INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS8,904,312 8,640,277 
AccountFairBookBook
valueValueValue
level12.31.202412.31.2023
DEBT SECURITIES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME
Local:
Government Securities - In pesos
Treasury Bonds in pesos adjusted by Cer. Maturity 03-31-2026 (1)1394,906,029 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-28-2025 (1)1248,085,666 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-31-20251246,103,423 — 
Treasury Bonds in pesos adjusted by Cer 0% Maturity 12-15-2025 (1)
1245,559,764 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-16-2025 (1)1162,263,275 — 
Argentine Treasury Bills Capitalizable in pesos. Maturity 07-31-2025 (1)1155,442,254 — 
Treasury Bonds in pesos adjusted by Cer 0%. Maturity 12-15-2026 (1)
1143,133,800 — 
Treasury Bonds in pesos Capitalizable Maturity 12-15-2025 (1)1131,750,000 — 
Treasury Bonds in pesos Capitalizable Maturity 10-17-2025 (1)1128,218,000 — 
Argentine Treasury Bills Capitalizable in pesos. Maturity 09-30-2025 (1)164,525,000 — 
Argentine Treasury Bills Capitalizable in pesos. Maturity 06-18-2025 (1)163,900,000 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-14-2025 (1)158,075,000 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-14-2025 (1)135,340,000 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 08-29-2025 (1)132,575,000 — 
Argentine Treasury Bills Capitalizable in pesos. Maturity 09-12-2025 (1)132,575,000 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 06-30-2025 (1)131,525,000 — 
Argentine Treasury Bills Capitalizable in pesos. Maturity 05-30-2025 (1)129,887,500 — 
Treasury Bonds in pesos adjusted by Cer 0%. Maturity 06-30-2026 (1)
126,449,509 — 
Treasury Bonds in pesos adjusted by Cer 4.25%. Maturity 02-14-2025 (1)
118,681,070 122,109,199 
Treasury Bonds in pesos adjusted by Cer 2%. Maturity 11-09-2026
16,177,995 74,004 
Treasury Bonds in pesos adjusted by Cer 0%. Maturity 06-30-2025
16,015,000 — 
Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-31-20251839,000 — 
Treasury Bonds in pesos adjusted by Cer 4.25%. Maturity 12-13-2024
1— 476,737,223 
Treasury Bonds in pesos adjusted by Cer 4%. Maturity 10-14-2024
1— 423,485,649 
Treasury Bonds in pesos adjusted by Cer 1.55%. Maturity 07-26-2024
1— 111,892,095 
Treasury Bonds in pesos adjusted by Cer 3.75%. Maturity 04-14-2024
1— 1,722,921 
Treasury Bonds in pesos adjusted by Cer 1.50%. Maturity 03-25-2024
1— 362,318 
Subtotal Government Securities - In pesos2,262,027,285 1,136,383,409 
Government Securities - In foreign currency
Dollar-linked Argentine Treasury Bond 0.40%. Maturity 04-30-2024
1— 64,721 
Subtotal Government Securities - In foreign currency— 64,721 
BCRA Bills - In pesos
BCRA Liquidity Bills in pesos. Maturity 01-11-20242— 121,927,362 
BCRA Liquidity Bills in pesos. Maturity 01-09-20242— 9,677,845 
BCRA Liquidity Bills in pesos. Maturity 01-02-20242— 108,583 
Subtotal BCRA Bills - In pesos— 131,713,790 
BCRA Bills - In foreign currency
Local BCRA Bills in USD. Maturity 11-16-20242— 97,359,824 
Local BCRA Bills in USD. Maturity 11-20-20242— 36,972,084 
Local BCRA Bills in USD. Maturity 11-23-20242— 14,084,603 
Local BCRA Bills in USD. Maturity 11-27-20242— 3,521,152 
Subtotal BCRA Bills - In foreign currency— 151,937,663 
BCRA Notes - In foreign currency
Bonds for the Reconstruction of a Free Argentina - TRANCHE 1 - Maturity 10-31-2027 (Series C)210,980,524 — 
Bonds for the Reconstruction of a Free Argentina - TRANCHE 1 - Maturity 10-31-2027 (Series D)210,770,937 — 
Bonds for the Reconstruction of a Free Argentina - TRANCHE 1 - Maturity 10-31-2027 (Series A)27,875,767 — 
Bonds for the Reconstruction of a Free Argentina - TRANCHE 1 - Maturity 10-31-2027 (Series B)27,471,684 — 
Subtotal BCRA Notes - In foreign currency37,098,912 — 
AccountFairBookBook
valueValueValue
level12.31.202412.31.2023
Private Securities - In pesos
Corporate Bond Fiat Compañía Financiera Series 20 in Pesos. Maturity 03-01-202632,023,161 — 
Corporate Bond New San S.A. in Pesos Series 20 Private BADLAR. Maturity 02-01-20253271,905 — 
Corporate Bond Bco de Serv. Financieros Series 24 in Pesos at Floating rate. Maturity 02-02-20253213,171 — 
Corporate Bond New San S.A in Pesos Series 21 Private BADLAR. Maturity 05-09-20253171,092 — 
Corporate Bond Refi Pampa Series 2 in Pesos adjusted by Uva. Maturity 05-06-2025 3108,265 189,898 
Corporate Bond Arcor Series 17 in Pesos adjusted by Uva. Maturity 10-20-20253— 8,353,749 
Corporate Bond New San S.A. in Pesos Private BADLAR + 440 bps. Maturity 02-14-2024
3— 491,756 
Corporate Bond Bco de Serv. Financieros Series 22 in Pesos at Floating rate. Maturity 03-03-20243— 471,522 
Corporate Bond Petroquímica Com. Rivadavia S.A. in Pesos at Floating rate. Maturity 08-15-20243— 376,150 
Corporate Bond New San S.A. in Pesos Private BADLAR + 575 bps. Maturity 05-19-2024
3— 331,690 
Subtotal Private Securities - In pesos2,787,594 10,214,765 
Private Securities - In foreign currency
Corporate Bond Vista Energy Series 23 in USD. Maturity 03-06-202724,184,068 — 
Corporate Bonds Tecpetrol S.A. Series 7 in USD. Maturity 04-22-202623,118,272 — 
Corporate Bonds YPF. Series 32 in USD. Maturity 10-10-202823,045,186 — 
Corporate Bond Luz De Tres Picos 4 in USD. Maturity 09-29-202622,883,623 756 
Corporate Bond 360 Energy Solar S.A. Series 4 in USD at fixed rate. Maturity 10-30-202722,667,701 — 
Corporate Bond Petroquímica Comodoro Rivadavia Series R in USD. Maturity 10-22-202822,549,395 — 
Corporate Bonds Minera EXAR Series 1 in USD. Maturity 11-11-202722,117,813 — 
Corporate Bonds YPF. Series 29 in USD. Maturity 05-28-202622,075,476 — 
Corporate Bond Empresa de Gas del Sur (EMGASUD) S.A. Series 39 in USD. Maturity 07-14-202822,058,600 2,915,098 
Corporate Bond Empresa de Gas del Sur (EMGASUD) S.A. Series 39 in USD. Maturity 03-08-202722,049,323 — 
Corporate Bond Vista Energy Series 20 in USD. Maturity 07-20-2025 21,742,285 2,889,215 
Corporate Bond CAPEX S.A. Series 10 in USD. Maturity 07-05-202721,649,240 — 
Corporate Bonds YPF. Series 33 in USD. Maturity 10-10-202821,546,884 — 
Corporate Bond Pampa Energia S.A. Series 20 in USC. Maturity 03-26-2026 21,050,443 — 
Corporate Bond John Deere Credit Cia Financiera S.A. Series X in USD. Maturity 03-08-202611,017,502 — 
Corporate Bond Petroquímica Comodoro Rivadavia Series O in USD. Maturity 09-22-202721,011,329 257 
Corporate Bond Pampa Energia S.A. Series 18 in USD. Maturity 09-08-20252— 3,489,687 
Subtotal Private Securities - In foreign currency34,767,140 9,295,013 
Financial assets pledged as collateral - In pesos
Treasury Bonds in pesos adjusted by 4.25% CER. Maturity 02-14-2025
169,154,481 10,925,101 
Argentine Bond adjusted by 2% CER in pesos Tx26 (Boncer). Maturity 11-9-2026
151,514,600 80,037,610 
Treasury Bonds in pesos adjusted by Cer 0%. Maturity 12-15-2025
14,331,250 — 
Argentine Treasury Bonds adjusted by 1.55% CER in pesos. Maturity 07-26-2024
1— 193,429,033 
BCRA Liquidity Bills in pesos. Maturity 01-09-20242— 95,975,480 
Subtotal Financial assets pledged as collateral - In pesos125,000,331 380,367,224 
Financial assets pledged as collateral - In foreign currency
Dollar-linked Argentine Treasury Bond. 0.40%. Maturity 04-30-2024
1— 6,336,898 
Corporate Bond Luz De Tres Picos Class 4 in USD. Maturity 09-29-20262— 4,647,359 
Corporate bond Petroquimica Comodoro Rivadavia Class O in USD. Maturity 09-22-20272— 1,593,653 
AccountFairBookBook
valueValueValue
level12.31.202412.31.2023
Corporate Bond Pcr Class H in USD2— 756,509 
Subtotal Financial assets pledged as collateral - In foreign currency— 13,334,419 
TOTAL DEBT SECURITIES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME2,461,681,262 1,833,311,004 
EQUITY INSTRUMENTS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME
Local:
Private Securities - In pesos
Compensadora Electrónica S.A.32,436,994 1,941,974 
Mercado Abierto Electrónico S.A.31,011,785 1,114,544 
Seguro de Depósitos S.A.3268,270 314,132 
Other315,036 10,722 
Subtotal Private Securities - In pesos3,732,085 3,381,372 
Foreign:
Private Securities - In foreign currency
Banco Latinoamericano de Exportaciones S.A.2735,975 880,780 
Other234,513 60,425 
Subtotal Private Securities - In foreign currency770,488 941,205 
TOTAL EQUITY INSTRUMENTS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME4,502,573 4,322,577 
DEBT SECURITIES AT AMORTIZED COST
Government Securities - In pesos
Argentine Treasury Bonds in pesos. Maturity 08-23-2025 (1)2125,492,302 107,798,424 
Argentine Treasury Bonds in pesos. Maturity 05-23-2027 (1)224,039,592 70,570,093 
Argentine Treasury Bonds in pesos at 0.70% Badlar Private Rate. Maturity 11-23-2027 (1)
210,372,413 32,167,645 
Subtotal Government Securities - In pesos159,904,307 210,536,162 
Allowances for credit losses(7,375,737)(28,000,427)
TOTAL DEBT SECURITIES AT AMORTIZED COST152,528,570 182,535,735 
(1) Correspond to securities computed for minimum cash as of December 31, 2024, Note 45.a)