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Loss Allowance for Expected Credit Losses On Credit Exposures Not Measured at Fair Value Through Profit or Loss (Tables)

12 Months Ended

Dec. 31, 2020

Statement [LineItems]

Summary of Exposure to Credit Risk

9.1.

Exposure to credit risk


	12/31/2020			12/31/2019
Loans and other financing		267,349,317			307,633,542
Collective assessment		193,056,864			173,435,436
Individual assessment		74,292,453			134,198,106

Less: Allowance for ECL		(9,928,122	)		(6,901,953	)

		257,421,195			300,731,589

Summary of Impairment Allowance for Loans and Other Financing

The following table shows the credit quality and the debt balance to credit risk, based on the Bank’s credit risk rating system and the

year-end

stage classification, taking into account the several guidelines related to flexible conditions for credit established by the BCRA to moderate the pandemic effects generated by

COVID-19

(see also note 51.1.4). The amounts are presented gross of the impairment allowances.


		12/31/2020 (*)
Internal rating grade	Range PD	Stage 1			Stage 2			Stage 3			Total			%
Performing			247,998,859			9,095,963						257,094,822			96.17	%
High grade	0.00%-3.50%		203,625,287			74,994						203,700,281			76.20	%
Standard grade	3.51%-7.00%		31,867,028			1,925,470						33,792,498			12.64	%
Sub-standard grade	7.01%-33.00%		12,506,544			7,095,499						19,602,043			7.33	%
Past due but not impaired	33.01%-99.99%		791,051			6,433,574						7,224,625			2.70	%
Impaired	100%								3,029,870			3,029,870			1.13	%

Total			248,789,910			15,529,537			3,029,870			267,349,317			100	%

			93.06	%		5.81	%		1.13	%		100	%

(*)	See also note 51.1.4.


		12/31/2019
Internal rating grade	Range PD	Stage 1			Stage 2			Stage 3			Total			%
Performing			280,074,262			13,565,543						293,639,805			95.45	%
High grade	0.00%-3.50%		234,860,526			153,443						235,013,969			76.40	%
Standard grade	3.51%-7.00%		23,185,807			2,145,131						25,330,938			8.23	%
Sub-standard grade	7.01%-33.00%		22,027,929			11,266,969						33,294,898			10.82	%
Past due but not impaired	33.01%-99.99%		490,415			8,230,491						8,720,906			2.84	%
Impaired	100%								5,272,831			5,272,831			1.71	%

Total			280,564,677			21,796,034			5,272,831			307,633,542			100	%

			91.20	%		7.09	%		1.71	%		100	%

Summary of Exposures Gross of Impairment Allowances


	12/31/2020
	Stage 1			Stage 2	Stage 3	Total			%
Local government securities		30,587,228					30,587,228			98.29	%
Corporate bonds		365,341					365,341			1.17	%
Financial trust		166,692					166,692			0.54	%

Total		31,119,261					31,119,261

		100	%				100	%


	12/31/2019
	Stage 1			Stage 2			Stage 3	Total			%
Local government securities		11,374,373			8,996,667				20,371,040			84.64	%
Corporate bonds		2,198,423							2,198,423			9.13	%
Financial trust		1,498,448							1,498,448			6.23	%

Total		15,071,244			8,996,667				24,067,911

		62.62	%		37.38	%			100	%

Expected credit losses individually assessed [member]

Statement [LineItems]

Summary of Exposure to Credit Risk

The table below shows the credit quality and the debt balance to credit risk of commercial loans based by grade on the Bank’s internal credit rating system, PD range and

year-end

stage classification. The Bank’s internal credit rating systems and the evaluation and measurement approaches are explained in note 51.1 “Credit risk”.


		12/31/2020 (*)
Internal rating grade	Range PD	Stage 1			Stage 2			Stage 3			Total			%
Performing			67,960,595			2,781,608						70,742,203			95.22	%
High grade	0.00%-3.50%		64,283,220			812						64,284,032			86.53	%
Standard grade	3.51%-7.00%		2,742,148			1,454,671						4,196,819			5.65	%
Sub-standard grade	7.01%-33.00%		935,227			1,326,125						2,261,352			3.04	%
Past due but not impaired	33.01%-99.99%		372,660			1,614,916						1,987,576			2.68	%
Impaired	100%								1,562,674			1,562,674			2.10	%

Total			68,333,255			4,396,524			1,562,674			74,292,453			100	%

			91.98	%		5.92	%		2.10	%		100	%

(*)	See also note 51.1.4.


		12/31/2019
Internal rating grade	Range PD	Stage 1			Stage 2			Stage 3			Total			%
Performing			128,020,746			2,895,846						130,916,592			97.55	%
High grade	0.00%-3.50%		121,115,116			10,720						121,125,836			90.26	%
Standard grade	3.51%-7.00%		25,878			1,184,255						1,210,133			0.90	%
Sub-standard grade	7.01%-33.00%		6,879,752			1,700,871						8,580,623			6.39	%
Past due but not impaired	33.01%-99.99%					1,389,063						1,389,063			1.04	%
Impaired	100%								1,892,451			1,892,451			1.41	%

Total			128,020,746			4,284,909			1,892,451			134,198,106			100	%

			95.40	%		3.19	%		1.41	%		100	%

Expected credit losses collectively assessed [member]

Statement [LineItems]

Summary of Exposure to Credit Risk

The table below shows the credit quality and the debt balance to credit risk of loans portfolio under collective assessment, by grade of credit risk classification based on the Bank’s internal credit rating system, PD range and

year-end

stage classification. The Bank’s internal credit rating systems and the evaluation and measurement approaches are explained in note 51.1 “Credit risk”.


		12/31/2020 (*)
Internal rating grade	Range PD	Stage 1			Stage 2			Stage 3			Total			%
Performing			180,038,264			6,314,355						186,352,619			96.53	%
High grade	0.00%-3.50%		139,342,067			74,182						139,416,249			72.22	%
Standard grade	3.51%-7.00%		29,124,880			470,799						29,595,679			15.33	%
Sub-standard grade	7.01%-33.00%		11,571,317			5,769,374						17,340,691			8.98	%
Past due but not impaired	33.01%-99.99%		418,391			4,818,658						5,237,049			2.71	%
Impaired	100%								1,467,196			1,467,196			0.76	%

Total			180,456,655			11,133,013			1,467,196			193,056,864			100	%

			93.47	%		5.77	%		0.76	%		100	%

(*)	See also note 51.1.4.


		12/31/2019
Internal rating grade	Range PD	Stage 1			Stage 2			Stage 3			Total			%
Performing			152,053,516			10,669,697						162,723,213			93.82	%
High grade	0.00%-3.50%		113,745,410			142,723						113,888,133			65.66	%
Standard grade	3.51%-7.00%		23,159,929			960,876						24,120,805			13.91	%
Sub-standard grade	7.01%-33.00%		15,148,177			9,566,098						24,714,275			14.25	%
Past due but not impaired	33.01%-99.99%		490,415			6,841,428						7,331,843			4.23	%
Impaired	100%								3,380,380			3,380,380			1.95	%

Total			152,543,931			17,511,125			3,380,380			173,435,436			100	%

			87.95	%		10.10	%		1.95	%		100	%

Commercial [member]

Statement [LineItems]

Summary of Exposure to Credit Risk

An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to commercial lending is, as follows:


	Stage									Total
	1			2			3			Total
Gross Carrying amount as of January 1, 2020		128,020,746			4,284,909			1,892,451			134,198,106
Assets originated or purchased		62,435,429			2,414,823						64,850,252
Assets derecognized or repaid		(102,930,411	)		(926,908	)		(1,029,675	)		(104,886,994	)
Transfers to Stage 1		213,137			(213,137	)
Transfers to Stage 2		(378,924	)		378,924
Transfers to Stage 3		(1,541,904	)		(157,275	)		1,699,179
Amounts Written Off								(375,325	)		(375,325	)
Monetary effects		(17,484,818	)		(1,384,812	)		(623,956	)		(19,493,586	)

As of December 31, 2020		68,333,255			4,396,524			1,562,674			74,292,453


	Stage									Total
	1			2			3			Total
Gross Carrying amount as of January 1, 2019		140,670,991			2,125,782			2,353,984			145,150,757
Assets originated or purchased		150,197,527			4,510,146						154,707,673
Assets derecognized or repaid		(110,364,709	)		(1,623,329	)		(1,733,006	)		(113,721,044	)
Transfers to Stage 1		536,346			(428,565	)		(107,781	)
Transfers to Stage 2		(1,249,433	)		1,249,433
Transfers to Stage 3		(2,569,451	)		(29,397	)		2,598,848
Amounts Written Off					(236	)		(123,425	)		(123,661	)
Monetary effects		(49,200,525	)		(1,518,925	)		(1,096,169	)		(51,815,619	)

As of December 31, 2019		128,020,746			4,284,909			1,892,451			134,198,106


	Stage
	1			2			3			Total
ECL as at January 1, 2020		436,430			456,028			1,303,904			2,196,362
Assets originated or purchased		1,463,380			421,574						1,884,954
Assets derecognized or repaid		(335,089	)		(26,302	)		(813,640	)		(1,175,031	)
Transfers to Stage 1		9,749			(9,749	)
Transfers to Stage 2		(1,181	)		1,181
Transfers to Stage 3		(929,211	)		(5,996	)		935,207
Amounts Written Off								(329,807	)		(329,807	)
Monetary effects		(31,439	)		(169,212	)		(313,035	)		(513,686	)

At December 31, 2020		612,639			667,524			782,629			2,062,792


	Stage
	1			2			3			Total
ECL as at January 1, 2019		559,907			120,738			896,211			1,576,856
Assets originated or purchased		2,089,381			586,750						2,676,131
Assets derecognized or repaid		(411,175	)		(87,985	)		(628,383	)		(1,127,543	)
Transfers to Stage 1		76,434			(13,892	)		(62,542	)
Transfers to Stage 2		(17,184	)		17,184
Transfers to Stage 3		(1,843,210	)		(1,035	)		1,844,245
Amounts Written Off					(5	)		(53,717	)		(53,722	)
Monetary effects		(17,723	)		(165,727	)		(691,910	)		(875,360	)

At December 31, 2019		436,430			456,028			1,303,904			2,196,362

Consumer [member]

Statement [LineItems]

Summary of Exposure to Credit Risk

An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to consumer lending is, as follows:


	Stage									Total
	1			2			3			Total
Gross Carrying amount as of January 1, 2020		152,543,931			17,511,125			3,380,380			173,435,436
Assets originated or purchased		122,636,191			6,987,337						129,623,528
Assets derecognized or repaid		(48,194,960	)		(7,286,602	)		(980,906	)		(56,462,468	)
Transfers to Stage 1		8,634,947			(8,338,341	)		(296,606	)
Transfers to Stage 2		(4,575,337	)		4,830,837			(255,500	)
Transfers to Stage 3		(1,104,828	)		(309,271	)		1,414,099
Amounts Written Off		(35,643	)		(284,523	)		(1,378,194	)		(1,698,360	)
Monetary effects		(49,447,646	)		(1,977,549	)		(416,077	)		(51,841,272	)

As of December 31, 2020		180,456,655			11,133,013			1,467,196			193,056,864


	Stage									Total
	1			2			3			Total
Gross Carrying amount as of January 1, 2019		190,999,547			42,324,135			4,853,305			238,176,987
Assets originated or purchased		103,467,653			10,167,092						113,634,745
Assets derecognized or repaid		(71,378,819	)		(19,642,849	)		(1,649,885	)		(92,671,553	)
Transfers to Stage 1		14,992,526			(14,771,361	)		(221,165	)
Transfers to Stage 2		(8,171,761	)		8,759,526			(587,765	)
Transfers to Stage 3		(4,033,895	)		(951,529	)		4,985,424
Amounts Written Off		(323,899	)		(936,075	)		(2,198,639	)		(3,458,613	)
Monetary effects		(73,007,421	)		(7,437,814	)		(1,800,895	)		(82,246,130	)

As of December 31, 2019		152,543,931			17,511,125			3,380,380			173,435,436


	Stage
	1			2			3			Total
ECL as of January 1, 2020		1,561,990			1,480,048			1,663,553			4,705,591
Assets originated or purchased		4,381,186			1,785,657						6,166,843
Assets derecognized or repaid		362,221			(364,035	)		(538,553	)		(540,367	)
Transfers to Stage 1		766,661			(621,987	)		(144,674	)
Transfers to Stage 2		(75,871	)		188,316			(112,445	)
Transfers to Stage 3		(708,400	)		(48,396	)		756,796
Amounts Written Off		(1,676	)		(56,306	)		(702,095	)		(760,077	)
Monetary effects		(1,655,093	)		(4,471	)		(47,096	)		(1,706,660	)

As of December 31, 2020		4,631,018			2,358,826			875,486			7,865,330


	Stage
	1			2			3			Total
ECL as at January 1, 2019		1,621,844			2,602,099			2,302,058			6,526,001
Assets originated or purchased		2,472,513			881,811						3,354,324
Assets derecognized or repaid		19,972			(1,093,709	)		(917,811	)		(1,991,548	)
Transfers to Stage 1		733,257			(636,265	)		(96,992	)
Transfers to Stage 2		(115,770	)		330,095			(214,325	)
Transfers to Stage 3		(1,912,100	)		(100,707	)		2,012,807
Amounts Written Off		(9,225	)		(144,692	)		(1,106,555	)		(1,260,472	)
Monetary effects		(1,248,501	)		(358,584	)		(315,629	)		(1,922,714	)

As of December 31, 2019		1,561,990			1,480,048			1,663,553			4,705,591