Financial Assets at Amortised Cost

12 Months Ended

Dec. 31, 2019

Financial Assets at Amortised Cost [Abstract]

10.	Financial assets at amortized cost

10.1.

Other financial assets


	December 31, 2019			December 31, 2018
Financial assets pledged as collateral		5,918,650			5,576,829
Other receivables		4,762,528			2,696,999
Receivable from financial institution for spot transactions pending settlement		253,523			10,525,742
Receivable from non-financial institution for spot transactions pending settlement		27,779			140,067
Others		161,406			847,055
Allowances for loan losses		(226,349	)		(3	)

TOTAL		10,897,537			19,786,689

10.2.

Loans and advances to financial institutions


	December 31, 2019			December 31, 2018
Loans and advances to financial institutions		5,198,021			14,874,564
Allowances for loan losses		(128,088	)		(51,512	)

TOTAL		5,069,933			14,823,052

10.3.

Loans and advances to customers


	December 31, 2019			December 31, 2018
Credit Cards		72,065,842			64,408,377
Consumer loans		23,594,950			36,244,344
Other financing		22,990,706			21,616,264
Loans for the prefinancing and financing of exports		18,296,107			69,360,839
Overdrafts		14,397,300			18,135,783
Real estate mortgage		14,151,441			15,544,350
Commercial papers		12,336,236			17,806,133
Notes		11,360,539			19,597,217
Pledge loans		8,657,089			2,538,576
Receivables from financial leases		1,889,792			3,657,745
Loans to employees		1,714,373			1,854,451
Allowances for loan losses		(11,412,408	)		(6,251,850	)

TOTAL		190,041,967			264,512,229

The Group holds loans and other financing in a business model for the purpose of collecting contractual cash flows.

Receivables from financial leases

The Group as lessor entered into finance lease agreements related to vehicles and machinery and

equipment

The following table shows the total gross investment of the finance leases (leasing) and the current value of the minimum payments to be received thereunder:


	December 31, 2019				December 31, 2018
	Total investment		Present value of minimum lease payments		Total investment		Present value of minimum lease payments
Term
Up to 1 year		955,198		952,166		1,503,361		1,496,760
From 1 to 5 years		940,549		937,626		2,176,421		2,160,985
More than 5 years		—		—		—		—

TOTAL		1,895,747		1,889,792		3,679,782		3,657,745

Principal				1,865,566				3,604,570
Interest accrued				24,226				53,175

TOTAL				1,889,792				3,657,745

10.4.

Reverse repurchase agreements


	December 31, 2019		December 31, 2018
Financial institutions		—		238,060
Argentine government		—		19,546,503
Allowances for loan losses		—		(218,419	)

TOTAL		—		19,566,144

The fair value of financial assets accepted as collateral that the Group is permitted to sell or repledge in the absence of default was 40,227,389 as of December 31, 2018.