EX-12.1 6 dex121.htm LETTER FROM BBVA BANCO FRANCES S.A. TO THE SEC REGARDING CERTAIN REPRESENTATIONS

Letter from BBVA Banco Frances S.A. to the SEC regarding certain representations

Exhibit 12.1

June 21, 2003

Securities and Exchange Commission

450 Fifth Street, NW

Washington, DC 20549

Ladies and Gentlemen:

Arthur Andersen LLP, our independent public accountant, has represented to us by letter dated June 21, 2002, that its audit of our consolidated financial statements as of December 31, 2001 was subject to Andersen’s quality control system for its U.S. accounting and auditing practice to provide reasonable assurance that the engagement was conducted in compliance with professional standards and there was appropriate continuity of Andersen personnel working on the audit, availability of U.S. national office consultation and availability of personnel at foreign affiliates of Andersen’s to conduct the relevant portions of the audit.

Very truly yours,

BBVA BANCO FRANCES, S.A.

Marcelo G. Canestri

Chief Financial Officer