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Financial Assets Delivered as Guarantee

12 Months Ended

Dec. 31, 2020

Statement [LineItems]

Financial Assets Delivered as Guarantee

8. FINANCIAL ASSETS DELIVERED AS GUARANTEE

As of December 31, 2020 and 2019, the Bank delivered as guarantee the following financial assets:

		Carrying Amount
Description		12/31/2020				12/31/2019
For transactions with the BCRA			12,040,746				10,127,017
For guarantee deposits			1,555,864				2,937,377
For securities forward contracts			695,748				1,466,345
Total			14,292,358				14,530,739

The Bank’s Management considers there shall be no losses due to the restrictions on the above listed financial assets.

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Disclosure Of Financial assets delivered as guarantee.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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