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Summary of Significant Accounting Policies (Details) - Schedule of statements income $ in Millions | 12 Months Ended
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Dec. 31, 2021 USD ($)
Previous presentation [Member] |
Summary of Significant Accounting Policies (Details) - Schedule of statements income [Line Items] |
Interest income and inflation | $ 2,921,097
Interest expense | (1,109,746)
Net interest income | 1,811,351
Fee and commission income | 578,604
Fee and commission expense | (245,853)
Net fee and commission income | 332,751
Net income/(expense) from financial assets and liabilities for trading | (6,403)
Net income from exchange, adjustment and hedge accounting of foreign exchange | 125,431
Other operating income | 10,391
Net operating profit before provision for loan losses | 2,273,521
Provision for loan losses | (291,083)
NET OPERATING INCOME | 1,982,438
Personnel salaries and expenses | (397,675)
Administrative expenses | (280,134)
Depreciation and amortisation | (122,055)
Impairment of property, plant, and equipment |
Other operating expenses | (107,819)
Total operating expenses | (907,683)
OPERATING INCOME | 1,074,755
Income from investments in associates and other companies | (663)
NET OPERATING INCOME BEFORE INCOME TAX | 1,074,092
Income tax expense | (221,664)
Result of continuing operations | 852,428
Result of discontinued operations |
NET INCOME FOR THE YEAR | 852,428
Reclassification [Member] |
Summary of Significant Accounting Policies (Details) - Schedule of statements income [Line Items] |
Interest income and inflation | (16,266)
Fee and commission income | 16,266
Net income/(expense) from financial assets and liabilities for trading | (22,199)
Net income from derecognising financial assets and liabilities at amortized cost and financial assets at fair value through other comprehensive income | 22,199
Other operating income | (10,391)
Provision for loan losses | 291,083
Income from investments in associates and other companies | (475)
Net income from non-current assets and groups available for sale not admissible as discontinued operations | 2,297
Other operating income | 1,662
Other operating expenses | 107,819
Total operating expenses | (101,430)
Income from investments in associates and other companies | 663
Provisions for loan losses for contingent loans and others | (145)
Provision for loan losses | (291,083)
NET INCOME FOR THE YEAR | 0
Current presentation [Member] |
Summary of Significant Accounting Policies (Details) - Schedule of statements income [Line Items] |
Interest income and inflation | 2,904,831
Interest expense | (1,109,746)
Net interest income | 1,795,085
Fee and commission income | 594,870
Fee and commission expense | (245,853)
Net fee and commission income | 349,017
Net income/(expense) from financial assets and liabilities for trading | (28,602)
Net income from derecognising financial assets and liabilities at amortized cost and financial assets at fair value through other comprehensive income | 22,199
Net income from exchange, adjustment and hedge accounting of foreign exchange | 125,431
Net operating profit before provision for loan losses | 119,028
Income from investments in associates and other companies | (475)
Net income from non-current assets and groups available for sale not admissible as discontinued operations | 2,297
Other operating income | 1,662
NET OPERATING INCOME | 2,266,614
Personnel salaries and expenses | (397,675)
Administrative expenses | (280,134)
Depreciation and amortisation | (122,055)
Impairment of property, plant, and equipment |
Total operating expenses | (101,430)
OPERATING INCOME | (901,294)
Income from investments in associates and other companies | 1,365,320
Provisions for loan losses for interbank loans and account receivable from customers | (355,638)
Provisions for loan losses for contingent loans and others | (12,254)
Recovery of loans previously charged-off | 76,999
Provision for loan losses for other financial assets at amortized cost and financial assets at fair value through OCI | (335)
Provision for loan losses | (291,228)
NET OPERATING INCOME BEFORE INCOME TAX | 1,074,092
Income tax expense | (221,664)
Result of continuing operations | 852,428
Result of discontinued operations |
NET INCOME FOR THE YEAR | $ 852,428

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