v3.25.1
Fair Values (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of fair value measurement of assets [abstract]  
Schedule of Financial Instruments Measured at Fair Value
The Group’s financial instruments measured at fair value at the end of the reporting period are detailed below:
Portfolio of Instruments as of 12.31.24Fair Value
Level 1
Fair Value
Level 2
Fair Value
Level 3
Assets
Argentine Central Bank’s Bills and Notes2,816,801 — — 
Government Securities1,450,991,646 12,416,632 31,851,611 
Corporate Securities62,051,013 73,030,873 4,768,406 
Derivative Financial Instruments— 4,517,903 — 
Other Debt Securities1,512,345,135 982,634,164 2,553,142 
Other Financial Assets341,279,478 47,144 20,677,139 
Loans and Other Financing— 26,974,180 — 
Financial Assets Pledged as Collateral34,531,438 124,991,769 — 
Investments in Equity Instruments10,446,504 — 35,246,796 
Total Assets
3,414,462,015 1,224,612,665 95,097,094 
Liabilities
Liabilities at fair value through profit or loss (*)
9,777,215 — — 
Derivative Financial Instruments— 8,329,699 — 
Total Liabilities
9,777,215 8,329,699  
Total3,404,684,800 1,216,282,966 95,097,094 
(*)They include the operations of obligations for operations with Government Securities of third parties.
Portfolio of Instruments as of 12.31.23Fair Value
Level 1
Fair Value
Level 2
Fair Value
Level 3
Assets
Government Securities1,352,100,214 2,204,339 — 
Corporate Securities59,676,329 1,127,388 586,750 
Derivative Financial Instruments48,836 83,385,885 — 
Other Debt Securities25,159,309 25,265,966 — 
Other Financial Assets116,508,094 50,928 — 
Financial Assets Pledged as Collateral85,241,078 — — 
Investments in Equity Instruments6,406,453 — 16,378,957 
Total Assets
1,645,140,313 112,034,506 16,965,707 
Liabilities
Liabilities at fair value through profit or loss (*)
116,994,621 — — 
Derivative Financial Instruments— 28,935,340 — 
Total Liabilities
116,994,621 28,935,340  
Total1,528,145,692 83,099,166 16,965,707 
(*)Include the operations of obligations for operations with Government Securities of third parties.
Summary of Changes in Instruments Included in Fair Value Level 3
The evolution of instruments included in Level 3 Fair Value is detailed below:
Level 312.31.23
Transfers(*)
RecognitionDerecognition Income
(Loss)
Inflation
 Effect
12.31.24
Government Securities— 27,559,656 7,656,760 (1,816,970)3,803,350 (5,351,185)31,851,611 
Corporate Securities586,750 3,684,969 5,211,105 (3,316,469)(267,420)(1,130,529)4,768,406 
Other Debt Securities— — 2,452,871 — 100,271 — 2,553,142 
Other Financial Assets— — 22,646,415 (2,589,263)619,987 — 20,677,139 
Investments in Equity Instruments16,378,957 — 18,567,711 (4,435,586)16,456,888 (11,721,174)35,246,796 
Total16,965,707 31,244,625 56,534,862 (12,158,288)20,713,076 (18,202,888)95,097,094 
(*)Include the movements of levels of financial instruments classified as fair value Level 3, as described below.
Level 312.31.22Transfers(*) RecognitionDerecognition Income
(Loss)
Inflation
 Effect
12.31.23
Government Securities— 6,501,418 2,510,965 (11,786,949)3,784,567 (1,010,001)— 
Corporate Securities4,599,441 4,389,011 23,484,716 (22,555,780)3,190,443 (12,521,081)586,750 
Investments in Equity Instruments15,684,822 — 1,900,698 (6,163,059)24,210,203 (19,253,707)16,378,957 
Total20,284,263 10,890,429 27,896,379 (40,505,788)31,185,213 (32,784,789)16,965,707 
(*)Include the movements of levels of financial instruments classified as fair value Level 3, as described below.
Summary of Assets and Liabilities Recorded at Amortized Cost
The Group included below the fair value of the instruments not carried at fair value as of the year-end.
Items of Assets/Liabilities as of 12.31.24Book ValueFair ValueFair Value
Level 1
Fair Value
Level 2
Fair Value
Level 3
Assets
Cash and Due from Banks7,322,813,233 7,322,813,233 7,322,813,233 — — 
Loans and Other Financing15,594,049,791 15,676,206,090 — — 15,676,206,090 
Other Financial Assets1,523,168,636 1,542,936,332 1,489,565,745 — 53,370,587 
Other Debt Securities2,367,129,719 2,187,070,553 742,471,831 — 1,444,598,722 
Financial Assets Pledged as Collateral1,452,094,178 1,401,203,968 1,401,203,968 — — 
Liabilities
Deposits20,231,127,931 20,232,584,596 — 3,378,348,713 16,854,235,883 
Repurchase Transactions423,095,210 423,095,210 423,095,210 — — 
Financing Received from the Argentine Central Bank and Other Financial Institutions479,636,814 478,540,293 — 12,139 478,528,154 
Debt Securities1,096,011,970 1,092,249,540 1,090,236,004 — 2,013,536 
Subordinated Debt Securities288,917,745 286,129,831 — — 286,129,831 
Other Financial Liabilities3,868,112,993 3,847,044,492 — 318,124,338 3,528,920,154 
Items of Assets/Liabilities as of 12.31.23Book ValueFair ValueFair Value
Level 1
Fair Value
Level 2
Fair Value
Level 3
Assets
Cash and Due from Banks4,718,751,562 4,718,751,562 4,718,751,562 — — 
Repurchase Transactions2,766,551,954 2,766,551,954 2,766,551,954 — — 
Loans and Other Financing7,283,530,406 7,293,368,970 — — 7,293,368,970 
Other Financial Assets304,520,556 322,871,166 240,360,719 — 82,510,447 
Other Debt Securities4,503,892,247 4,504,905,282 3,807,401,576 62,754,861 634,748,845 
Financial Assets Pledged as Collateral935,063,901 935,200,065 935,200,065 — — 
Liabilities
Deposits13,494,564,030 13,496,170,607 — — 13,496,170,607 
Repurchase Transactions55,196,186 55,196,186 — — 55,196,186 
Financing Received from the Argentine Central Bank and Other Financial Institutions326,569,454 325,659,435 — — 325,659,435 
Debt Securities219,201,761 215,538,838 179,008,238 — 36,530,600 
Subordinated Debt Securities486,118,312 475,413,769 — — 475,413,769 
Other Financial Liabilities3,010,456,587 3,009,333,602 — — 3,009,333,602