v3.25.1
Accounting Policies and Basis for Preparation (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of significant accounting policies [abstract]  
Summary of Yield Curves
For the long term insurance business acquired in 2024 the Group has used the following yield curves to discount the estimate of future cash flows:
CurrencyPs.US$Ps, CER
Maturity (years)12.31.2412.31.2412.31.24
132.55 %4.50 %7.53 %
231.16 %4.41 %8.26 %
329.07 %4.38 %8.10 %
426.64 %4.36 %7.53 %
524.78 %4.34 %7.41 %
622.93 %4.37 %7.28 %
721.26 %4.37 %7.15 %
820.10 %4.40 %7.12 %
919.22 %4.38 %7.12 %
1018.43 %4.39 %7.03 %
1514.74 %4.45 %5.52 %
2012.60 %4.42 %4.46 %
2511.32 %4.30 %3.82 %
3010.47 %4.15 %3.39 %
359.87 %4.05 %3.08 %
409.42 %3.98 %2.85 %
459.07 %3.93 %2.68 %
508.80 %3.89 %2.53 %
For P&C business business the Group has used the following yield curves to discount the estimate of future cash flows:
CurrencyPs.Ps.
Maturity (years)12.31.2412.31.23
124.9 %181.4 %
221.9 %101.7 %
319.9 %74.7 %
418.2 %60.3 %
516.5 %52.3 %
1010.8 %37.4 %
Summary of Main Commissions Earned by the Bank
Below is a summary of the main commissions earned by the Bank:
CommissionsEarning Frequency
Retail Products and Services
Savings AccountsMonthly
Checking AccountsMonthly
Credit-card RenewalAnnual
Safe Deposit BoxesQuarterly
Bonds and Shares TransactionsOn each transaction
Wholesale Products
Account MaintenanceMonthly
Inter-house deposist and withhdrawalsMonthly
Foreign Trade TransactionsOn each transaction