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Contingent Transactions (Tables) | 12 Months Ended
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Dec. 31, 2020
Statement [LineItems] |
Summary of Contingent Transactions | As of December 31, 2020 and 2019, the Bank maintains the following maximum exposure to credit risk related to this kind of transactions:
|  | 12/31/2020 |  |  | 12/31/2019 |
Undrawn commitments of credit cards and checking accounts |  |  | 95,220,298 |  |  |  | 124,364,340 |
Guarantees granted |  |  | 1,282,770 |  |  |  | 2,340,277 |
Letters of credit |  |  | 888,664 |  |  |  | 607,827 |
Overdraft and unused agreed commitments |  |  | 518,606 |  |  |  | 1,432,695 |
|  |  | 97,910,338 |  |  |  | 128,745,139 |
Less: Allowance for ECL (1) |  |  | (23,200 | ) |  |  | (23,514 | )
Total |  |  | 97,887,138 |  |  |  | 128,721,625 |
(1) | It includes high grade credit risk exposures in stage 1. During 2020 and 2019, there were no transfers between stages. See also note 22.

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