LOANS AND OTHER FINANCING (Tables)

12 Months Ended

Dec. 31, 2025

LOANS AND OTHER FINANCING

Schedule of composition of loan portfolio


								Total as of
		Assets Before Allowances						December 31,
		Stage 1		Stage 2		Stage 3		2025
Promissory notes		674,377,742		7,957,263		13,338,516		695,673,521
Unsecured corporate loans		382,041,811		18,191,109		29,190,103		429,423,023
Overdrafts		366,036,430		5,538,792		13,501,498		385,076,720
Mortgage loans		358,382,028		7,300,192		5,983,153		371,665,373
Automobile and other secured loans		215,551,019		37,427,997		28,726,436		281,705,452
Personal loans		328,441,991		110,688,266		52,394,303		491,524,560
Credit card loans		284,205,923		58,126,018		31,095,628		373,427,569
Foreign Trade Loans		746,877,760		9,743,300		8,745,221		765,366,281
Other financings		28,636,931		—		—		28,636,931
Other receivables from financial transactions		64,172,649		773,410		17,582		64,963,641
Receivables from financial leases		103,116,413		2,612,325		4,037,487		109,766,225
Subtotal		3,551,840,697		258,358,672		187,029,927		3,997,229,296
Allowances for loan losses		(39,266,691)		(53,410,382)		(139,073,997)		(231,751,070)
Total		3,512,574,006		204,948,290		47,955,930		3,765,478,226


								Total as of
		Assets Before Allowances						December 31,
		Stage 1		Stage 2		Stage 3		2024
Promissory notes		398,989,930		2,981,013		1,343,073		403,314,016
Unsecured corporate loans		398,685,619		6,697,286		6,202,870		411,585,775
Overdrafts		105,324,057		2,886,221		1,625,463		109,835,741
Mortgage loans		338,143,843		11,084,989		1,646,591		350,875,423
Automobile and other secured loans		237,353,240		15,558,661		6,721,393		259,633,294
Personal loans		357,251,201		26,683,595		8,621,232		392,556,028
Credit card loans		345,704,414		15,302,379		5,143,579		366,150,372
Foreign Trade Loans		458,166,457		13,633,001		6,347,375		478,146,833
Other financings		48,350,023		669,452		—		49,019,475
Other receivables from financial transactions		15,129,111		170,047		15,057		15,314,215
Receivables from financial leases		77,839,348		4,920,082		469,939		83,229,369
Subtotal		2,780,937,243		100,586,726		38,136,572		2,919,660,541
Allowances for loan losses		(24,361,041)		(17,081,124)		(23,507,450)		(64,949,615)
Total		2,756,576,202		83,505,602		14,629,122		2,854,710,926

Schedule of eventual responsibility


		12.31.2025		12.31.2024
Other guarantees granted		93,194,011		145,175,554
Responsibilities for foreign trade loans		16,401,455		38,039,563
Documentary loans		11,852,159		20,760,111
Overdrafts		769,429		27,304,943
Total eventual responsability		122,217,054		231,280,171

Schedule of changes in gross carrying amount and corresponding expected credit losses


		Assets Before Allowances								ECL Allowance
		Stage 1		Stage 2		Stage 3		Total		Stage 1		Stage 2		Stage 3		Total
Balance at the beginning of the year		2,780,937,243		100,586,726		38,136,572		2,919,660,541		24,361,040		17,081,124		23,507,449		64,949,613
Transfers
Stage 1 to 2		(106,623,294)		106,623,294		—		—		(2,785,732)		16,552,880		—		13,767,148
Stage 1 to 3		(25,018,921)		—		25,018,921		—		(532,047)		—		19,713,448		19,181,401
Stage 2 to 3		—		(3,827,487)		3,827,487		—		—		(399,904)		2,233,116		1,833,212
Stage 2 to 1		22,850,799		(22,850,799)		—		—		1,180,339		(2,270,788)		—		(1,090,449)
Stage 3 to 2		—		468,801		—		468,801		—		27,591		(394,870)		(367,279)
Stage 3 to 1		946,033		—		(946,033)		—		5,842		—		(371,689)		(365,847)
Additions		2,547,528,625		—		—		2,547,528,625		26,492,604		—		—		26,492,604
Disposals		(1,260,677,787)		(33,327,172)		(15,665,038)		(1,309,669,997)		(9,417,512)		(7,136,444)		(13,544,944)		(30,098,900)
Interest accrual		119,060,033		144,319,205		214,589,034		477,968,272		6,250,651		33,500,598		166,236,002		205,987,251
Write-Offs		(772,578)		(1,029,534)		(53,556,925)		(55,359,037)		(772,578)		(1,029,534)		(53,556,925)		(55,359,037)
Portfolio sale		—		—		(3,225,437)		(3,225,437)		—		—		(3,225,437)		(3,225,437)
Exchange Differences and Others		165,015,167		4,432,917		1,979,762		171,427,846		268,537		1,110,720		228,061		1,607,318
Result from exposure to changes in the purchasing power of money		(691,404,623)		(37,037,279)		(23,128,416)		(751,570,318)		(5,784,453)		(4,025,861)		(1,750,214)		(11,560,528)
Gross carrying amount at December 31, 2025		3,551,840,697		258,358,672		187,029,927		3,997,229,296		39,266,691		53,410,382		139,073,997		231,751,070


		Assets Before Allowances								ECL Allowance
		Stage 1		Stage 2		Stage 3		Total		Stage 1		Stage 2		Stage 3		Total
Balance at the beginning of the year		1,301,691,970		95,098,800		35,260,736		1,432,051,506		13,061,187		14,603,897		22,319,761		49,984,845
Transfers
Stage 1 to 2		(4,715,914)		4,715,914		—		—		(153,892)		1,356,152		—		1,202,260
Stage 1 to 3		(10,975,306)		—		10,975,306		—		(37,689)		—		2,061,397		2,023,708
Stage 2 to 3		—		(433,660)		433,660		—		—		(86,456)		493,579		407,123
Stage 2 to 1		10,407,547		(10,407,547)		—		—		475,640		(1,470,523)		—		(994,883)
Stage 3 to 2		—		1,026,433		(1,026,433)		—		—		24,100		(722,072)		(697,972)
Stage 3 to 1		142,062		—		(142,062)		—		2,736		—		(88,922)		(86,186)
Additions		2,206,752,343		—		—		2,206,752,343		17,650,918		—		—		17,650,918
Disposals		(465,931,570)		(19,961,863)		(27,367,429)		(513,260,862)		(2,280,107)		(3,289,187)		(3,622,880)		(9,192,174)
Net changes of financial assets		251,983,070		70,056,552		38,688,319		360,727,941		2,786,021		13,858,484		29,087,541		45,732,046
Write-Offs		(148,838)		(119,390)		(15,948,001)		(16,216,229)		(148,838)		(119,390)		(15,948,001)		(16,216,229)
Portfolio sale		—		—		(1,432,008)		(1,432,008)		—		—		(1,320,673)		(1,320,673)
Exchange Differences and Others		13,590,740		1,650,392		2,046,716		17,287,848		49,836		87,217		859,567		996,620
Result from exposure to changes in the purchasing power of money		(521,858,861)		(41,038,905)		(3,352,232)		(566,249,998)		(7,044,772)		(7,883,170)		(9,611,848)		(24,539,790)
Gross carrying amount at December 31, 2024		2,780,937,243		100,586,726		38,136,572		2,919,660,541		24,361,040		17,081,124		23,507,449		64,949,613

Schedule of financial assets


				Allowances
		Gross		for loans				Fair value of
Credit Impaired loans		exposure		losses		Book value		collateral
Overdrafts		13,501,498		9,464,510		4,036,988		2,591,403
Receivables from financial leases		4,037,487		2,273,621		1,763,866		1,665,601
Promissory Notes		13,338,516		11,551,664		1,786,852		2,427,205
Mortgage loans		5,983,153		1,620,951		4,362,202		9,201,972
Personal loans		52,394,303		42,657,662		9,736,641		—
Automobile and other secured loans		28,726,436		21,619,979		7,106,457		49,074,902
Credit Card Loans		31,095,628		27,265,866		3,829,762		—
Other		37,952,906		22,619,744		15,333,162		13,186,456
Total		187,029,927		139,073,997		47,955,930		78,147,539

Schedule of withdrawal financial assets from its balance sheet


		12.31.2025		12.31.2024
Balance at the beginning of the year		18,524,763		26,040,139
Additions		55,359,037		16,216,229
Disposals		(10,483,307)		(7,158,106)
Cash collection		(5,849,652)		(4,678,178)
Portfolio sales		(1,257,310)		(613,618)
Condonation		(3,376,345)		(1,866,310)
Exchange differences and other movements		(8,458,763)		(16,573,499)
Gross carrying amount		54,941,730		18,524,763