| Interest and Other Financial Expenses |
24.
Interest and Other Financial Expenses
| | |
December 31,
2025 | | |
December 31,
2024 | | |
December 31,
2023 | |
| | |
| | |
| | |
| |
| Bank fees | |
| (35,791 | ) | |
| (27,906 | ) | |
| (7,766 | ) |
| Cost of Funding (1) | |
| (3,098,085 | ) | |
| (1,398,530 | ) | |
| (1,144,122 | ) |
| Derivative financial instruments | |
| (300,038 | ) | |
| (6,218 | ) | |
| - | |
| Others | |
| (65,482 | ) | |
| (6,010 | ) | |
| (60,590 | ) |
| Total | |
| (3,499,396 | ) | |
| (1,438,664 | ) | |
| (1,212,478 | ) |
| (1) | The cost of funding is mainly related to the interest expenses
paid to customers who deposit funds in CDBs, which are used as funding for the Company’s assets. Management monitors these expenses,
and they are directly associated with the funding of investments, loans and operations. |
|