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Consolidated Statements of Cash Flows - ARS ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Income for the fiscal year before Income Tax $ 39,201,644 $ 45,823,464 $ 18,335,432
Total monetary effect on the fiscal year 30,724,854 38,333,403 38,523,196
Adjustments to obtain cash flows from operating activities:      
Depreciation and amortization of fixed assets 4,402,387 4,092,898 3,085,766
Credit loss expense on financial assets 7,861,600 5,917,873 6,073,426
Difference in quoted prices of foreign currency (17,139,522) (35,090,773) (23,429,215)
Other adjustments 29,568,965 56,294,449 22,996,041
Net increase / (decrease) from operating assets:      
Debt Securities at fair value through profit and loss (83,048,429) (2,207,037) (2,223,907)
Derivative financial instruments (150,985) (802,277) (10,774)
Repo transactions (37,940,609) (1,481,096) 4,390,273
Loans and other financing      
Non-financial public sector 5,167,334 (5,060,444) 2,102,830
Other financial entities 3,555,955 6,401,564 (1,765,018)
Non-financial private sector and foreign residents 26,690,456 67,849,926 28,671,521
Other debt securities (15,465,966) (5,984,236) 26,778,145
Financial assets delivered as guarantee 238,381 (381,301) 9,469,577
Equity instruments at fair value through profit or loss (1,655,872) (49,392) 766,135
Other assets (11,260,166) (1,541,014) 2,623,310
Deposits      
Non-financial public sector 49,658,749 (16,537,706) 584,255
Financial sector 268,713 117,171 58,955
Non-financial private sector and foreign residents 80,947,459 (124,062,741) 52,035,873
Liabilities at fair value through profit or loss     (19,945)
Derivative financial instruments (1,046,326) 1,043,689 (68,584)
Repo transactions (746,253) 1,020,380 (7,967,572)
Other liabilities 18,325,029 (1,406,904) (2,855,319)
Payments for Income Tax (8,348,230) (12,736,961) (18,728,432)
TOTAL CASH FROM OPERATING ACTIVITIES (A) 119,809,168 19,552,935 159,425,969
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition of PPE, intangible assets and other assets (3,676,079) (5,635,795) (5,270,162)
TOTAL CASH USED IN INVESTING ACTIVITIES (B) (3,676,079) (5,635,795) (5,270,162)
Payments:      
Dividends (407) (11,581,304) (9,448,229)
Acquisition or redemption of equity instruments   (406,710) (10,426,286)
Non-subordinated corporate bonds (2,114,046) (4,087,381) (6,037,821)
Central Bank of Argentina (9,701)    
Financing from local financial entities (2,038,626) (3,208,872) (16,702)
Subordinated Corporate Bonds (2,246,089) (2,204,680) (1,841,738)
Changes in equity instruments of subsidiaries that do not lead to the loss of control     (1,136,351)
Other payments related to financing activities (537,316) (321,154) (833,776)
Proceeds:      
Non-subordinated corporate bonds     9,049,322
Central Bank of Argentina   4,917 33,318
Financing from local financial entities 76 790 4,241,199
TOTAL CASH USED IN FINANCING ACTIVITIES (C) (6,946,109) (21,804,394) (16,417,064)
EFFECT OF EXCHANGE RATE FLUCTUATIONS (D) 29,175,803 52,181,858 43,623,571
MONETARY EFFECT ON CASH EQUIVALENTS (E) (75,416,642) (117,211,723) (79,973,341)
NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS (A+B+C+D+E) 62,946,141 (72,917,119) 101,388,973
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE FISCAL YEAR 200,658,604 273,575,723 172,186,750
CASH AND CASH EQUIVALENTS AT THE END OF THE FISCAL YEAR $ 263,604,745 $ 200,658,604 $ 273,575,723