<SEC-DOCUMENT>0001292814-21-003493.txt : 20210824
<SEC-HEADER>0001292814-21-003493.hdr.sgml : 20210824
<ACCEPTANCE-DATETIME>20210824165112
ACCESSION NUMBER:		0001292814-21-003493
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210630
FILED AS OF DATE:		20210824
DATE AS OF CHANGE:		20210824

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Banco BBVA Argentina S.A.
		CENTRAL INDEX KEY:			0000913059
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12568
		FILM NUMBER:		211202729

	BUSINESS ADDRESS:	
		STREET 1:		AV. CORDOBA 111
		CITY:			C1054AAA BUENOS AIRES
		STATE:			C1
		ZIP:			00000
		BUSINESS PHONE:		2127595576

	MAIL ADDRESS:	
		STREET 1:		AV. CORDOBA 111
		CITY:			C1054AAA BUENOS AIRES
		STATE:			C1
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BBVA BANCO FRANCES SA
		DATE OF NAME CHANGE:	20001219

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRENCH BANK OF THE RIO DE LA PLATA
		DATE OF NAME CHANGE:	19931005
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>bbarpr2q21_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 3.5pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Report of Foreign Issuer</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Rule 13a-16 or 15d-16</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>of the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">For the month of August 2021</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Commission File Number: 001-12568</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>BBVA Argentina Bank S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Translation of registrant&#8217;s name into English)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 11.65pt 0 0; text-align: center"><B>111 C&oacute;rdoba Av, C1054AAA
</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Buenos Aires, Argentina</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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    <TD STYLE="width: 14%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">X</P></TD>
    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Form 40-F</FONT></TD>
    <TD STYLE="width: 14%">
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Yes</FONT></TD>
    <TD STYLE="width: 14%">
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    <TD STYLE="width: 28%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">No</FONT></TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">X</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Yes</FONT></TD>
    <TD STYLE="width: 14%">
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    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">No</FONT></TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">X</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether by furnishing the information
contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 29%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Yes</FONT></TD>
    <TD STYLE="width: 14%">
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    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">No</FONT></TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">X</P></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If &#8220;Yes&#8221; is marked, indicate below the
file number assigned to the registrant in connection with Rule 12g3-2(b): <U>N/A</U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Banco BBVA Argentina S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
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    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: black 1pt solid"><B>Item</B></P></TD>
    <TD STYLE="width: 87%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.</FONT></TD>
    <TD STYLE="font: 12pt Comic Sans MS, Cursive; layout-grid-mode: line"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Banco BBVA Argentina S.A. reports consolidated second quarter earnings for fiscal year 2021.</FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt BBVABentonSansLight; margin: 0; color: #FF5050"></P>




<P STYLE="font: 18pt BBVABentonSansLight; color: #072146; margin: 0 7.1pt 0 0; text-align: center"><B>Banco BBVA Argentina S.A. announces
</B></P>

<P STYLE="font: 18pt BBVABentonSansLight; color: #072146; margin: 0 7.1pt 0 0; text-align: center"><B>Second Quarter 2021 results</B></P>

<P STYLE="font: 9pt/107% Calibri, Helvetica, Sans-Serif; color: #072146; margin: 0.25in 7.1pt 12pt 0; text-align: justify"><FONT STYLE="font-family: BBVABentonSansLight"><B>Buenos
Aires, August 24, 2021</B></FONT> <FONT STYLE="font-family: BBVABentonSans">&ndash; Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX:
XBBAR) (&ldquo;BBVA Argentina&rdquo; or &ldquo;BBVA&rdquo; or &ldquo;the Bank&rdquo;) announced today its consolidated results for the
second quarter (2Q21), ended on June 30, 2021. </FONT></P>

<P STYLE="font: 9pt/107% BBVABentonSans; color: #072146; margin: 6pt 7.1pt 0.25in 0; text-align: justify">As of January 1, 2020, the Bank
started to inform its inflation adjusted results pursuant to IAS 29 reporting. To facilitate comparison, figures of comparable quarters
of 2020 and 2021 have been updated according to IAS 29 reporting to reflect the accumulated effect of inflation adjustment for each period
up to June 30, 2021.</P>

<P STYLE="font: bold 14pt/107% BBVABentonSansLight; color: #072146; margin: 0.25in 16.75pt 12pt 0; text-align: center">2Q21 Highlights</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.25pt"><FONT STYLE="font-family: BBVABentonSans; color: #121212">BBVA Argentina&rsquo;s
inflation adjusted net income in 2Q21 was $7.2 billion, 119.3% greater than the $3.3 billion reported on the first quarter of 2021 (1Q21),
and 14.3% greater than the $6.3 billion reported on the second quarter of 2020 (2Q20).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.25pt"><FONT STYLE="font-family: BBVABentonSans; color: #121212">In 2Q21, BBVA Argentina
posted an inflation adjusted average return on assets (ROAA) of 3.4% and an inflation adjusted average return on equity (ROAE) of 22.2%.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.25pt"><FONT STYLE="font-family: BBVABentonSans; color: #121212">In terms of activity,
total consolidated financing to the private sector in 2Q21 totaled $319.9 billion, contracting in real terms 2.9% compared to 1Q21, and
15.0% compared to 2Q20. In the quarter, changes were mainly driven by the fall in <I>credit cards</I>, <I>other loans</I> and <I>overdrafts</I>
by 4.3%, 6.6% and 17.7% respectively. BBVA&rsquo;s consolidated market share of private sector loans was 8.21% as of 2Q21.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.25pt"><FONT STYLE="font-family: BBVABentonSans; color: #121212">Total consolidated deposits
in 2Q21 totaled $609.1 billion, increasing 8.1% in real terms during the quarter, and 8.6% in the year. Quarterly growth is mainly explained
by sight deposits, especially <I>checking accounts</I> and <I>savings accounts</I>, which increased 21.2% and 6.2% respectively. The Bank&rsquo;s
consolidated market share of private deposits was 7.41% as of 2Q21.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.25pt"><FONT STYLE="font-family: BBVABentonSans; color: #121212">As of 2Q21, the non-performing
loan ratio (NPL) reached 2.49%, with a 187.88% coverage ratio.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.25pt"><FONT STYLE="font-family: BBVABentonSans; color: #121212">The accumulated efficiency
ratio in 2Q21 was 70.1%, below 1Q21&rsquo;s 72.5%, and above 2Q20&rsquo;s 56.0%.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.25pt"><FONT STYLE="font-family: BBVABentonSans; color: #121212">As of 2Q21, BBVA Argentina
reached a regulatory capital ratio of 23.3%, entailing a $78.8 billion or 184.5% excess over minimum regulatory requirement. Tier I ratio
was 22.6%.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.25pt"><FONT STYLE="font-family: BBVABentonSans; color: #121212">Total liquid assets represented
75.7% of the Bank&rsquo;s total deposits as of 2Q21.</FONT></TD></TR></TABLE>

<P STYLE="font: bold 14pt BBVABentonSansLight; color: #072146; margin: 12pt 16.75pt 12pt 0; text-align: center">Message from the CFO</P>

<P STYLE="font: 9pt/107% BBVABentonSans; margin: 6pt 2.25pt 6pt 0; text-align: justify"><I>&ldquo;The second quarter of 2021 has been
impacted by the second wave of COVID-19, in the context of a sanitary crisis which the country has been going through during more than
a year. This derived in a deceleration of activity, with a persistence in uncertainty generated by pending mid-term elections, and unsolved
conflicts related to foreign debt with the International Monetary Fund.</I></P>

<P STYLE="font: 9pt/107% BBVABentonSans; margin: 6pt 2.25pt 6pt 0; text-align: justify"><I>BBVA Argentina operating results stand out
on 2Q21, growing 14.5% compared to the previous quarter, boosted by an improvement in net fee income, with a focus on operating efficiency,
denoting an adequate expense management, and by a preservation of margins in a context marked by volatility and rate controls.</I></P>

<P STYLE="font: 9pt/107% BBVABentonSans; margin: 6pt 2.25pt 6pt 0; text-align: justify"><I>In terms of credit performance, as of June
2021, BBVA Argentina reached an NPL ratio of 2.49%. In terms of liquidity and solvency, the Bank ended the quarter with ratios of 75.7%
and 23.3% respectively, which would enable the growth of business that could come along a potential economic recovery.</I></P>

<P STYLE="font: 9pt/107% BBVABentonSans; margin: 6pt 2.25pt 6pt 0; text-align: justify"><I>Meanwhile, the Bank closely monitors its business,
financial conditions and operating results, in the aim of anticipating possible effects of the gradual removal of regulation implemented
by the Government during the pandemic, especially over asset quality and margins.</I></P>


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<P STYLE="font: 9pt/107% BBVABentonSans; margin: 6pt 2.25pt 6pt 0; text-align: justify"><I>Regarding digitalization, our service offering
has evolved in such way that by the end of June 2021, digital client penetration reached 74% from 69% a year back, while that of mobile
clients reached 62% from 57% in the same period. Trend aims towards stabilization, considering that the pandemic has caused an important
shift towards the adoption of digital channels by clients.</I></P>

<P STYLE="font: 9pt/107% BBVABentonSans; margin: 6pt 2.25pt 6pt 0; text-align: justify"><I>Lastly, in terms of responsible banking, in
July 2021, BBVA at a global level, announced it would double its target of channeling sustainable financing to 200 billion euros, BBVA
Argentina being part and collaborating with this target&rdquo;</I></P>

<P STYLE="font: 10pt/107% BBVABentonSansLight; margin: 6pt 2.25pt 6pt 0; text-align: right; color: #121212"><B><I>Ernesto R. Gallardo,
BBVA Argentina&rsquo;s CFO</I></B></P>

<P STYLE="font: 12pt BBVABentonSansLight; margin: 6pt 2.25pt 3pt 14.2pt; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVABentonSansLight; margin: 6pt 0 3pt; text-align: center; color: #072146"><B>2Q21 Conference Call</B></P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0 0 3pt; text-align: center; color: #121212">Wednesday, August 25, 12:00 p.m. Buenos Aires
time &ndash; (11:00 a.m. EST)</P>

<P STYLE="font: 10pt BBVABentonSansLight; margin: 0 0 3pt; text-align: center; color: #072146"><B>To participate, please dial in:</B></P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0 0 3pt; text-align: center; color: #121212">+ 54-11-3984-5677 (Argentina)</P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0 0 3pt; text-align: center; color: #121212">+ 1-844-450-3851 (United States)</P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0 0 3pt; text-align: center; color: #121212">+ 1-412-317-6373 (International)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><FONT STYLE="font-family: BBVABentonSansLight; color: #072146"><B>Web
Phone:</B></FONT> <FONT STYLE="font-family: BBVABentonSans">click here</FONT></P>

<P STYLE="font: bold 10pt Cambria, Times, Serif; color: #072146; margin: 0 0 3pt; text-align: center"><FONT STYLE="font-family: BBVABentonSansLight">Conference
ID:</FONT> <FONT STYLE="font-family: BBVABentonSans; font-weight: normal; text-transform: uppercase">BBVA</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3pt; text-align: center"><FONT STYLE="font-family: BBVABentonSansLight; color: #072146"><B>Webcast
&amp; Replay:</B></FONT> <FONT STYLE="font-family: BBVABentonSans">click here</FONT></P>


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<P STYLE="font: 14pt BBVABentonSansLight; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: bold 12pt BBVABentonSansLight; color: #072146; margin: 0 16.75pt 6pt 0; text-align: left">Safe Harbor Statement</P>

<P STYLE="font: 8pt BBVABentonSans; margin: 6pt 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>This press release contains
certain forward-looking statements that reflect the current views and/or expectations of Banco BBVA Argentina and its management with
respect to its performance, business and future events. We use words such as &ldquo;believe,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;plan,&rdquo;
&ldquo;expect,&rdquo; &ldquo;intend,&rdquo; &ldquo;target,&rdquo; &ldquo;estimate,&rdquo; &ldquo;project,&rdquo; &ldquo;predict,&rdquo;
&ldquo;forecast,&rdquo; &ldquo;guideline,&rdquo; &ldquo;seek,&rdquo; &ldquo;future,&rdquo; &ldquo;should&rdquo; and other similar expressions
to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number
of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially
from the plans, objectives, expectations, estimates and intentions expressed in this release. Actual results, performance or events may
differ materially from those in such statements due to, without limitation, (i) changes in general economic, financial, business, political,
legal, social or other conditions in Argentina or elsewhere in Latin America or changes in either developed or emerging markets, (ii)
changes in regional, national and international business and economic conditions, including inflation, (iii) changes in interest rates
and the cost of deposits, which may, among other things, affect margins, (iv) unanticipated increases in financing or other costs or the
inability to obtain additional debt or equity financing on attractive terms, which may limit our ability to fund existing operations and
to finance new activities, (v) changes in government regulation, including tax and banking regulations, (vi) changes in the policies of
Argentine authorities, (vii) adverse legal or regulatory disputes or proceedings, (viii) competition in banking and financial services,
(ix) changes in the financial condition, creditworthiness or solvency of the customers, debtors or counterparties of Banco BBVA Argentina,
(x) increase in the allowances for loan losses, (xi) technological changes or an inability to implement new technologies, (xii) changes
in consumer spending and saving habits, (xiii) the ability to implement our business strategy and (xiv) fluctuations in the exchange rate
of the Peso. The matters discussed herein may also be affected by risks and uncertainties described from time to time in Banco BBVA Argentina&rsquo;s
filings with the U.S. Securities and Exchange Commission (SEC) and Comisi&oacute;n Nacional de Valores (CNV). Readers are cautioned not
to place undue reliance on forward-looking statements, which speak only as the date of this document. Banco BBVA Argentina is under no
obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.</I></FONT></P>

<P STYLE="font: bold 12pt BBVABentonSansLight; color: #072146; margin: 6pt 16.75pt 6pt 0; text-align: left">Information</P>

<P STYLE="font: 8pt BBVABentonSans; margin: 4pt 2.25pt 4pt 0; text-align: justify"><I>This earnings release has been prepared in accordance
with the accounting framework established by the Central Bank of Argentina (&ldquo;BCRA&rdquo;), based on International Financial Reporting
Standards (&ldquo;I.F.R.S.&rdquo;) and the resolutions adopted by the International Accounting Standards Board (&ldquo;I.A.S.B&rdquo;)
and by the Federaci&oacute;n Argentina de Consejos Profesionales de Ciencias Econ&oacute;micas (&ldquo;F.A.C.P.E.&rdquo;), with the transitory
exceptions: (i) the adjustment in valuation established by the B.C.R.A. applied to the valuation of the remaining investment the Bank
keeps of Prisma Medios de Pago S.A. (&ldquo;Prisma&rdquo;), and (ii) the temporary exclusion of the application of the IFRS 9 impairment
model for non-financial public sector debt instruments.</I></P>

<P STYLE="font: 8pt BBVABentonSans; margin: 4pt 2.25pt 4pt 0; text-align: justify"><I>As of 1Q20, the Bank started to inform its inflation
adjusted results pursuant to IAS 29 reporting. To facilitate comparison, figures of comparable quarters of 2020 and 2021 have been updated
according to IAS 29 reporting to reflect the accumulated effect of inflation adjustment for each period up to June 30, 2021.</I></P>

<P STYLE="font: 8pt BBVABentonSans; margin: 4pt 2.25pt 4pt 0; text-align: justify"><I>The information in this press release contains unaudited
financial information that consolidates, line item by line item, all of the banking activities of BBVA Argentina, including: BBVA Asset
Management Argentina S.A., Consolidar AFJP-undergoing liquidation proceeding, PSA Finance Argentina Compa&ntilde;&iacute;a Financiera
S.A. (&ldquo;PSA&rdquo;) and Volkswagen Financial Services Compa&ntilde;&iacute;a Financiera S.A (&ldquo;VWFS&rdquo;).</I></P>

<P STYLE="font: 8pt BBVABentonSans; margin: 4pt 2.25pt 4pt 0; text-align: justify"><I>BBVA Consolidar Seguros S.A. is disclosed on a consolidated
basis recorded as Investments in associates (reported under the proportional consolidation method), and the corresponding results are
reported as &ldquo;Income from associates&rdquo;), same as Rombo Compa&ntilde;&iacute;a Financiera S.A. (&ldquo;Rombo&rdquo;), Play Digital
S.A. and Interbanking S.A.</I></P>

<P STYLE="font: 8pt BBVABentonSans; margin: 4pt 2.25pt 4pt 0; text-align: justify"><I>Financial statements of subsidiaries have been elaborated
as of the same dates and periods as Banco BBVA Argentina S.A.&rsquo;s. In the case of consolidated companies PSA and VWFS, financial statements
were prepared considering the B.C.R.A. accounting framework for institutions belonging to &ldquo;Group C&rdquo;, without considering the
model established by the IFRS 9 5.5. &ldquo;Impairment&rdquo; section for periods starting as of January 1, 2022.</I></P>

<P STYLE="font: 8pt BBVABentonSans; margin: 4pt 2.25pt 4pt 0; text-align: justify"><I>The information published by the BBVA Group for
Argentina is prepared according to IFRS, without considering the temporary exceptions established by BCRA.<BR STYLE="clear: both">
</I></P>


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<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 12pt 2.55pt 12pt 0">Quarterly Results</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left">Income Statement</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 49%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">2Q20</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt; width: 9%">QoQ</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; width: 9%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Net Interest Income</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">24,306</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">23,908</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">23,846</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;1.7%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;1.9%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net Fee Income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,429</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,722</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,669</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">45.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">16.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net income from measurement of financial instruments at fair value through P&amp;L</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,252</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,776</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,913</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(29.5%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(34.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Net income from write-down of assets at amortized cost and at fair value through OCI</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(16)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(37)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(309)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;56.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;94.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Foreign exchange and gold gains</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,181</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;994</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,245</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;18.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(47.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,812</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,716</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,715</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;5.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;5.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Loan loss allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(2,126)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2,123)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(3,974)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(0.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;46.5%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Net operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">31,838</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">29,956</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">30,105</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;6.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;5.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Personnel benefits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(6,359)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(6,479)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5,956)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;1.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(6.8%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Adminsitrative expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(5,878)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5,916)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5,755)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;0.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(2.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Depreciation and amortization</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(1,189)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,186)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,266)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(0.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;6.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(5,563)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5,157)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4,253)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(7.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(30.8%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Operarting expenses</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(18,989)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(18,738)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(17,230)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">(1.3%)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(10.2%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12,849</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11,218</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">12,875</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">14.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(0.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Income from associates</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;174</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(33)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;284</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;n.m&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(38.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Income from net monetary position</TD>
    <TD STYLE="border-top: #D9D9D9 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(8,734)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(8,377)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(3,750)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">(4.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(132.9%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Net income before income tax&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,289</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,808</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,409</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">52.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(54.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income tax</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,931</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;485</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(3,091)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;n.m&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">194.8%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Net income for the period</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7,220</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,293</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,318</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;119.3%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">14.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Owners of the parent</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;7,219</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;3,339</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;6,246</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">116.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;15.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Non-controlling interests</TD>
    <TD STYLE="border-top: #D9D9D9 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(46)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">72</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">102.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(98.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #E7E6E6; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: #E7E6E6; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: #E7E6E6; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: #E7E6E6; font-weight: bold; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Other comprehensive Income (OCI) (1)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">75</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(255)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,898</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;129.4%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(96.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total comprehensive income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;7,295</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,038</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8,216</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;140.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(11.2%)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify">BBVA Argentina 2Q21 net income was $7.2 billion,
growing 119.3% or $3.9 billion quarter-over-quarter (QoQ) and 14.3% or $902 million year-over-year (YoY).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify">Quarterly results are mainly explained by (i)
a better net operating income due to a larger fee income and (ii) the reversal of the provision recorded in accordance to the Memorandum
N&deg;6/2017 issued by the BCRA, in connection with the repayment of income tax inflation adjustments for 2017 and 2018 fiscal years,
for a total of $4.3 billion, as a result of an assessment, funded on legal and tax advisors&rsquo; opinions, in which the Bank considers
that probabilities of getting a final instance favorable court ruling are higher for those fiscal years.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify">The accumulated net income for the first six
months of 2021 was $10.5 billion, 23.7% above the accumulated net income for the first half of 2020, of $8.5 billion. The accumulated
ROE as of 2Q21 is 16.5% while the accumulated ROA is 2.5%.</P>


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<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left">Earnings per share</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 52%">&nbsp;</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt; width: 9%">QoQ</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; width: 9%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: #043263; border-top-width: 1pt">Financial Statement information</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 1pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 1pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Net income for the period attributable to owners of the parent (in AR$ millions, inflation adjusted)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;7,219</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,339</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,246</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;116.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">15.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Total shares outstanding <FONT STYLE="font: normal 400 10pt BBVABentonSansLight"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;612,710</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;612,710</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;612,710</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Market information</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Closing price of ordinary share at BYMA (in AR$)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">184.35</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">130.00</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">136.00</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;41.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">35.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Closing price of ADS at NYSE (in USD)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">3.25</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">2.73</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">3.75</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;19.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(13.3%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Book value per share (in AR$)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">216.91</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">217.13</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">227.19</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;(0.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4.5%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Price-to-book ratio (BYMA price) (%)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">0.85</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">0.60</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">0.60</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right">42.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">42.0%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Earnings per share (in AR$)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;11.78</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">5.45</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;10.19</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;116.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">15.6%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Earnings per ADS<FONT STYLE="font: normal 700 10pt BBVABentonSansLight"><SUP>(2)</SUP> (in AR$)</FONT></TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;35.35</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;16.35</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;30.58</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;116.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">15.6%</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: white">
    <TD COLSPAN="6" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><FONT STYLE="font: 7pt BBVABentonSansLight"><I>1) In thousands of shares. On October 9, 2019, the CNV issued Resolution No. 20484/2019 concerning the merger of BBVA Franc&eacute;s Valores S.A. into the Bank. As such, the Bank was authorized to issue 50,441 ordinary shares, with a nominal value of $ 1 and entitling to one (1) vote each for to be delivered to BBVA Franc&eacute;s Valores S.A.&rsquo;s minority shareholders. The merger and the ensuing capital stock increase are still in the process of being registered with the Argentine Supervisory Board of Companies (IGJ).</I></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 7pt BBVABentonSansLight"><I>(2) Each ADS accounts for 3 ordinary shares</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Net Interest Income</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #002060 1pt solid">Net interest income</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #002060 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt; width: 10%">QoQ</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Net Interest Income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">24,306</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">23,908</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">23,846</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">1.7%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">1.9%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Interest Income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">43,669</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">40,726</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">33,557</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">7.2%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;30.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">From government securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11,014</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">10,841</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8,878</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;1.6%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">24.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">From private securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">27</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">26</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;3.8%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Interest from loans and other financing</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">17,804</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">19,657</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">21,306</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(9.4%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(16.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Financial Sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;134</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;161</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;355</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(16.6%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(62.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Overdrafts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1,552</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1,982</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;4,420</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(21.7%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(64.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Discounted Instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,890</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;3,037</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;2,703</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(4.8%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;6.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Mortgage loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;374</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;351</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;418</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;6.5%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(10.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Pledge loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1,159</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1,123</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;851</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;3.2%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">36.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Consumer Loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,978</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,861</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;3,001</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;4.1%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(0.8%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Credit Cards</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;4,616</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;5,891</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;5,351</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(21.6%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(13.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Financial leases</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;197</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;191</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;151</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;3.0%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">30.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Loans for the prefinancing and financing of exports</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;242</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;219</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;568</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">10.3%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(57.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 27px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;3,662</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;3,840</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;3,488</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(4.6%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;5.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Premiums on REPO transactions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;7,276</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,459</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;661</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;110.3%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">CER/UVA clause adjustment</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;7,548</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;6,742</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,699</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">12.0%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;179.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other interest income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(100.0%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(100.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Interest expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">19,363</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">16,818</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,711</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;15.1%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;99.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">17,307</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">15,453</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8,007</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">12.0%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;116.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Checking accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,871</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,030</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;253</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">41.4%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Savings accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;119</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;107</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">73</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">11.5%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">63.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits and Investment accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;14,317</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;13,316</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;7,681</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;7.5%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">86.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other liabilities from financial transactions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;228</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;208</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;893</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;9.6%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(74.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left">Interfinancial loans received</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;622</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;532</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;429</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">16.9%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">45.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid">CER/UVA clause adjustment</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,203</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;626</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;374</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">92.3%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;221.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;0</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;n.m&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(62.5%)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Net interest income for 2Q21
was $24.3 billion, increasing 1.7% or $398 million QoQ, and 1.9% or $460 million YoY. In 2Q21, although in percentage terms interest expenses
increased more than interest income, in monetary terms growth in interest income compensates the increase in interest costs and reflects
a positive net interest income.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In 2Q21, interest income totaled
$43.7 billion, increasing 7.2% compared to 1Q21 and 30.1% compared to 2Q20. Quarterly increase is mainly driven by a 110.3% surge in premiums
from REPO transactions (due to a larger position, thanks to a greater liquidity derived from modifications in the Bank&rsquo;s treasury
and increase in the limit of damaged banknotes accepted in exchange by the BCRA), and a 12.0% improvement in income from CER/UVA adjustments,
the latter related to income from public securities linked to such indexes. The whole increase was offset by a fall in <I>credit cards
</I>by 21.6%, and a 21.7% fall in income from <I>overdrafts</I>, the latter due to lower demand.</P>


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<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Income from <I>government securities</I>
grew 1.6% compared to 1Q21, and 24.1% compared to 2Q20. This is explained by a larger position in BCRA liquidity bills (LELIQ). 92% of
these results are explained by government securities at fair value through Other Comprehensive Income (OCI), mainly LELIQ, and 6% by securities
at amortized cost (2022 National Treasury Bonds at fixed rate, used for reserve requirement integration).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Interest income from <I>loans
and other financing </I>totaled $17.8 billion, contracting 9.4% QoQ and 16.4% YoY. Quarterly decrease is mainly due to a fall in <I>credit
cards</I> by 21.6% and <I>overdrafts</I> by 21.7%. This was partially offset by a 4.1% increase in interests from <I>consumer loans</I>.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify">Income from CER/UVA adjustments grew 12.0% QoQ
and 179.7% YoY, driven by an increment in the CER linked securities position. 54% of income from interests from CER/UVA adjustments is
explained by interests generated by bonds linked to such indexes.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify">Interest expenses totaled $19.4 billion, denoting
a 15.1% increase QoQ and a 99.4% increase YoY. Quarterly increase is described by (i) an increase in interest expenses from <I>time deposits
and investment accounts </I>mainly due to larger portfolios (specially the of latter), (ii) an increase in <I>checking account</I> expenses,
and (iii) greater expenses by UVA/CER adjustments derived from time deposits linked to such indexes, also due to a larger portfolio.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify">Interests from <I>time deposits and investment
accounts</I> explain 73.9% of interest expenses, versus 79.2% the previous quarter. These expanded 7.5% QoQ and 86.4% YoY.</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">NIM</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 0 2.55pt 12pt 0; text-align: justify; color: #121212">As of 2Q21, net interest income
(NIM) was 17.5%, lower than the 19.2% recorded on 1Q21. In 2Q21, NIM in pesos was 18.8% and 3.1% in U.S. dollars.</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Assets &amp; Liabilities Performance - Total</TD>
    <TD COLSPAN="9" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">BBVA ARG Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-left: #043263 1pt solid; color: white; text-align: left">In millions of AR$. Rates and spreads in annualized %</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">2Q21</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">1Q21</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">2Q20</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; border-left: #043263 1pt solid; text-align: right; width: 37%">&nbsp;</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Total interest-earning assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;558,288</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">43,669</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;31.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;&nbsp;504,454</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">40,726</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;32.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;&nbsp;573,208</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">33,557</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;23.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Debt securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;239,987</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">22,410</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;37.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;188,006</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">17,728</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;38.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;130,246</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;9,726</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;30.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Loans to customers/financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;309,839</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">21,248</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;27.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;308,439</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">22,998</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;30.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;390,152</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,810</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;24.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Other assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;8,462</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;11</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;8,010</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">52,810</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;21</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.2%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total non interest-earning assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;246,193</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;260,059</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;268,760</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total Assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;804,481</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">43,669</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;21.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;764,513</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">40,726</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;21.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;841,969</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">33,557</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;16.0%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total interest-bearing liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;426,998</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">19,363</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;18.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;395,928</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">16,818</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;17.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;411,029</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,711</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">9.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Sight deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;224,196</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,989</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">5.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;212,764</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,139</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">4.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;228,624</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;325</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">0.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits and investment accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;192,435</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">15,924</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;33.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;173,007</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">14,200</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;33.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;158,889</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,280</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;20.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Debt securities issued</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;979</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;106</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;43.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;1,120</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;126</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;45.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;9,381</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;891</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;38.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,388</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;344</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;14.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;9,037</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;353</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;15.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">14,135</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;215</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">6.1%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total non-interest-bearing liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;377,483</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;368,585</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;430,940</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DDEBF7">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total liabilities and equity</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;804,481</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">19,363</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">9.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;764,513</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">16,818</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">8.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;841,969</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,711</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">4.6%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; border-left: #D0CECE 1pt solid">NIM - Total</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;17.5%</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;19.2%</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-right: #D0CECE 1pt solid; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;16.7%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-left: #D0CECE 1pt solid; border-top-color: #D0CECE; border-top-width: 1pt">Spread - Total</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;13.2%</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;15.5%</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;14.0%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic">Nominal rates are calculated over a 365-day year</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic">Does not include Net income from measurement of financial instruments at fair value through P&amp;L nor Net income from write-down of assets at amortized cost and at fair value through OCI</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic">Sight deposits include savings accounts and interest-bearing checking accounts. Non interest-bearing accounts are included in non-interest-bearing liabilities.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Assets &amp; Liabilities Performance - AR$</TD>
    <TD COLSPAN="9" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">BBVA ARG Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-left: #043263 1pt solid; color: white; text-align: left">In millions of AR$. Rates and spreads in annualized %</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">2Q21</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">1Q21</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">2Q20</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; border-left: #043263 1pt solid; text-align: right; width: 37%">&nbsp;</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Total interest-earning assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;511,099</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">43,226</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;33.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;&nbsp;466,050</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">40,288</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;35.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;&nbsp;498,561</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">32,516</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;26.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Debt securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;239,987</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">22,410</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;37.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;188,002</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">17,728</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;38.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;124,205</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;9,570</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;30.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Loans to customers/financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;268,466</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">20,806</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;31.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;276,160</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">22,560</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;33.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;328,089</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">22,927</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;28.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Other assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2,646</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;10</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">1.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;1,888</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">46,268</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;19</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.2%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total non interest-earning assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;118,157</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;125,620</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;127,916</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total Assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;629,256</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">43,226</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;27.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;591,670</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">40,288</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;27.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;626,477</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">32,516</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;20.8%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total interest-bearing liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;304,046</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">19,289</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;25.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;273,464</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">16,766</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;24.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;265,886</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,622</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;14.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Savings accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;122,064</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,987</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">9.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;111,106</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,137</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">7.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;112,037</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;323</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">1.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;174,981</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">15,912</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;36.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;154,990</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">14,184</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;37.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;132,406</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,205</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;24.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Debt securities issued</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;979</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;106</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;43.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;1,120</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;126</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;45.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;9,381</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;891</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;38.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,022</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;284</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;18.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;6,249</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;318</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;20.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">12,062</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;202</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">6.7%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total non-interest-bearing liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;325,215</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;319,262</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;373,056</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DDEBF7">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total liabilities and equity</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;629,261</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">19,289</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;12.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;592,726</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">16,766</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;11.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;638,941</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,622</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">6.0%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; border-left: #D0CECE 1pt solid">NIM - AR$</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;18.8%</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;20.5%</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-right: #D0CECE 1pt solid; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;18.4%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-left: #D0CECE 1pt solid; border-top-color: #D0CECE; border-top-width: 1pt">Spread - AR$</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">8.5%</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;10.2%</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;11.6%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic; vertical-align: middle">Nominal rates are calculated over a 365-day year</TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic; vertical-align: middle">Does not include Net income from measurement of financial instruments at fair value through P&amp;L nor Net income from write-down of assets at amortized cost and at fair value through OCI</TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic; vertical-align: middle">Sight deposits include savings accounts and interest-bearing checking accounts. Non interest-bearing accounts are included in non-interest-bearing liabilities.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4pt 0 12pt"></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Assets &amp; Liabilities Performance - Foreign Currency</TD>
    <TD COLSPAN="9" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">BBVA ARG Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-left: #043263 1pt solid; color: white; text-align: left">In millions of AR$. Rates and spreads in annualized %</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">2Q21</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">1Q21</TD>
    <TD COLSPAN="3" STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: white 0.5pt solid; text-align: center">2Q20</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; border-left: #043263 1pt solid; text-align: right; width: 37%">&nbsp;</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Average Balance</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; width: 7%">Interest Earned/Paid</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; width: 7%">Average Real Rate</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Total interest-earning assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">47,189</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;443</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">3.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">38,404</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;438</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">4.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">74,647</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,041</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">5.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Debt securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;4</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;6,042</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;156</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;10.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Loans to customers/financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">41,373</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;442</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">4.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">32,278</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;438</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">5.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">62,064</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;883</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">5.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;5,816</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;6,121</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;6,542</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.1%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total non interest-earning assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;128,036</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;134,439</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;140,844</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total Assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;175,225</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;443</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">1.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;172,843</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;438</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">1.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;215,491</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,041</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">1.9%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total interest-bearing liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;122,952</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;74</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;122,464</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;52</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;145,143</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;89</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Savings accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;102,132</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;101,658</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;116,587</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits and Investment accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">17,454</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;12</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">18,018</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;16</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; background-color: white">26,483</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;75</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">1.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,366</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;60</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">7.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;2,788</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;34</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">5.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;2,073</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;12</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">2.4%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total non-interest-bearing liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">52,268</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">49,323</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">57,884</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DDEBF7">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total liabilities and equity</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;175,220</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;74</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;171,787</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;52</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;203,027</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;89</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">0.2%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; border-left: #D0CECE 1pt solid">NIM - Foreign currency</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">3.1%</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right">4.1%</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: #D0CECE 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-right: #D0CECE 1pt solid; border-bottom: #D0CECE 1pt solid; text-align: right">5.1%</TD></TR>
  <TR STYLE="background-color: #D0CECE">
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-left: #D0CECE 1pt solid; border-top-color: #D0CECE; border-top-width: 1pt">Spread - Foreign currency</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">3.5%</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">4.5%</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-top-color: #D0CECE; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: #D0CECE 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: #D0CECE 1pt solid; text-align: right; border-top-color: #D0CECE; border-top-width: 1pt">5.3%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic">Nominal rates are calculated over a 365-day year</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic">Does not include Net income from measurement of financial instruments at fair value through P&amp;L nor Net income from write-down of assets at amortized cost and at fair value through OCI</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="10" STYLE="font-style: italic">Sight deposits include savings accounts and interest-bearing checking accounts. Non interest-bearing accounts are included in non-interest-bearing liabilities.</TD></TR>
  </TABLE>



<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Net Fee Income</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Net fee income</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Net Fee Income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5,429</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,722</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,669</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: #043263; border-left-width: 0.5pt">&nbsp;45.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;16.3%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Fee Income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;9,537</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,519</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,169</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt">&nbsp;12.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">4.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Linked to liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;3,382</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,405</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,610</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;(0.7%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(6.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">From credit cards</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;4,624</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,661</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,253</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">26.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;8.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Linked to loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;554</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;492</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;382</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">12.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">45.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">From insurance</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;419</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;428</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;457</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;(2.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(8.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">From foreign trade and foreign currency transactions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;446</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;428</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;364</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;4.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">22.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other fee income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;112</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;105</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;103</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;6.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;8.7%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Fee expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,108</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,797</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,500</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt">(14.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(8.7%)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Net fee income as of 2Q21 totaled
$5.4 billion, growing 45.9% or $1.7 billion QoQ and 16.3% or $760 million YoY.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In 2Q21, fee income totaled
$9.5 billion, growing 12.0% QoQ and 4.0% YoY. The quarterly increase is mainly explained by the income <I>from credit cards</I> line item,
mostly due to an increase in consumption, driven by a recovery in the entertainment and recreation sectors, in addition to a contrasting
effect against the previous quarter as restrictions in fee increments and charges were lifted.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Regarding fee expenses, these
totaled $4.1 billion, contracting 14.4% QoQ and 8.7% YoY. Lower expenses are partially explained by lower digital sales expenses, and
a positive effect in the revaluation of miles purchased in 2020 within the Latampass program, linked to the foreign exchange rate.</P>


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<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Net Income from Measurement
of Financial Instruments at Fair Value and Foreign Exchange and Gold Gains/Losses</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Net Income from financial instruments at fair value (FV) through P&amp;L</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Net Income from financial instruments at FV through P&amp;L</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,252</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,776</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,913</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">(29.5%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">(34.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from government securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;607</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;671</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,618</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(9.6%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(62.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from private securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(71)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">(223)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(132)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">68.1%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">46.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Interest rate swaps</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">32</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">32</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Gains from foreign currency forward transactions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;684</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,324</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(48.4%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from debt and equity instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">25</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(100.0%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(100.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;368</TD>
    <TD STYLE="border-top: #BFBFBF 0.5pt solid; border-right: #BFBFBF 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; background-color: white">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-top: #BFBFBF 0.5pt solid; border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; background-color: white">&nbsp;(100.0%)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In 2Q21, net income from financial
instruments at fair value (FV) through P&amp;L was $1.3 billion, decreasing 29.5% or $524 million QoQ and 34.6% or $661 million YoY.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify"><FONT STYLE="color: #121212">The main impact
on these results is partially explained by a fall in the <I>gains from foreign currency forward transactions</I> line item, driven by
a lower quarterly devaluation of the argentine peso compared to the inflation during the same </FONT>period (3.9%<FONT STYLE="font-size: 10pt"><SUP>1</SUP></FONT>
versus 11.0%<FONT STYLE="font-size: 10pt"><SUP>2</SUP></FONT> respectively).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify">The fall in <I>income from government securities
</I>is mainly explained by a lower inflation versus the prior quarter (11% versus 13%), while most of the securities&rsquo; portfolio
is allocated in CER-linked bonds.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Differences in quoted prices of gold and foreign currency</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Foreign exchange and gold gains/(losses) (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,181</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;994</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,245</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;18.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">(47.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">From foreign exchange position</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(63)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">(402)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;443</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">84.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(114.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from purchase-sale of foreign currency</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,244</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,396</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,802</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(10.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(31.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Net income from financial instruments at FV through P&amp;L (2)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;684</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,324</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;367</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(48.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;86.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from foreign currency forward transactions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;684</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,324</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;367</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(48.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">86.4%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total differences in quoted prices of gold &amp; foreign currency (1) + (2)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,865</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,318</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,612</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(19.5%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(28.6%)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In 2Q21, the total differences
in quoted prices of gold and foreign currency showed profit for $1.9 billion, decreasing 19.5% or $453 million compared to 1Q21, mainly
due to a 48.4% fall in <I>income from foreign currency forward transactions</I>.</P>

<P STYLE="font: 14pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #02A5A5">Other Operating Income</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Other operating income</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt; background-color: #DDEBF7">Operating Income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #DDEBF7">&nbsp;&nbsp;1,812</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #DDEBF7">&nbsp;&nbsp;1,716</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #DDEBF7">&nbsp;&nbsp;1,715</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; background-color: #D4EDFC">5.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">5.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Rental of safe deposit boxes (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;344</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;316</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;387</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;8.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(11.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Adjustments and interest on miscellaneous receivables (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;535</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;640</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;468</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(16.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">14.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Punitive interest (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">61</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">35</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">24</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">74.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;154.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Loans recovered</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;392</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;257</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;249</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">52.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">57.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Fee income from credit and debit cards (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">72</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">67</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">61</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;7.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">18.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Income from initial recognition of public securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">13</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(100.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;N/A&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left">Other Operating Income(2)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;408</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;388</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;526</TD>
    <TD STYLE="border-top: #BFBFBF 0.5pt solid; border-right: #BFBFBF 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; background-color: white">&nbsp;&nbsp;5.2%</TD>
    <TD STYLE="border-top: #BFBFBF 0.5pt solid; border-right: #BFBFBF 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(22.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="font-style: italic; vertical-align: middle; text-align: left">(1) Included in the efficiency ratio calculation</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="font-style: italic; vertical-align: middle; text-align: left">(2) Includes some of the concepts used in the efficiency ratio calculation</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.45pt 12pt 0; text-align: justify; color: #121212">In 2Q21 other operating income
totaled $1.8 billion, growing 5.6% or $96 million QoQ, and 5.6% or $97 million YoY. The quarterly increase is explained by a 52.5% increment
in the <I>loans recovered </I>line item.</P>

<HR ALIGN="LEFT" SIZE="1" STYLE="width: 33%">

<P STYLE="font: 8pt BBVABentonSans; margin: 0"><B><I><SUP>1</SUP></I></B><I> Taking into consideration wholesale U.S. dollar foreign
exchange rates on BCRA&rsquo;s Communication &ldquo;A&rdquo; 3500.</I></P>

<P STYLE="font: 8pt BBVABentonSans; margin: 0"><SUP>2</SUP> <I>Source: Instituto Nacional de Estad&iacute;stica y Censos (INDEC) &ndash;
Consumer Price Index as of June 2021.</I></P>

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<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.45pt 12pt 0; text-align: justify; color: #121212">This is partially offset by
a fall in the <I>adjustments and interest on miscellaneous receivables</I> line item where interests received from the Government in compensation
for zero rate credit lines were recorded, and which granting has diminished considerably during 2Q21.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.45pt 12pt 0; text-align: justify; color: #121212">As of 1Q21, the <I>income from
initial recognition of public securities</I> line item showed gains for the inflation adjustments accumulated until December 2020, derived
from the reclassification of securities from Fair Value through OCI to Amortized cost (in particular, the 2022 National Treasury Bonds
at fixed rate).</P>

<P STYLE="font: 14pt/107% BBVABentonSans; margin: 6pt 2.45pt 12pt 0; text-align: justify; color: #02A5A5">Operating Expenses</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Personnel Benefits and Administrative
Expenses</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Personnel Benefits and Adminsitrative Expenses</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Total Personnel Benefits and Adminsitrative Expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">12,237</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">12,395</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">11,711</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: #043263; border-left-width: 0.5pt">&nbsp;&nbsp;(1.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">4.5%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Personnel Benefits (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,359</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,479</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5,956</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: #043263; border-left-width: 0.5pt">&nbsp;&nbsp;(1.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">6.8%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Administrative expenses (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,878</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,916</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5,755</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt">&nbsp;&nbsp;(0.6%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">2.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Travel expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">37</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">44</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">23</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(15.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">60.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Administrative expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;460</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;426</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;563</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;8.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(18.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Security services</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;199</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;214</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;316</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;(7.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(37.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Fees to Bank Directors and Supervisory Committee</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">14</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">10</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">27.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">40.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other fees</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;266</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;252</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;230</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;5.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">15.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Insurance</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">79</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">73</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">55</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;8.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">43.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Rent</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;727</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;759</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;646</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;(4.2%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">12.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Stationery and supplies</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;6</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">20</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">28</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(70.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(78.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Electricity and communications</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;303</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;297</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;303</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Advertising</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;215</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;224</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;191</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;(4.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">12.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Taxes</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,341</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,387</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,415</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;(3.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Maintenance costs</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;704</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;693</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;721</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;1.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Armored transportation services</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;824</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;847</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;478</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;(2.7%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">72.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other administrative expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;703</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;669</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;776</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;5.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(9.4%)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Headcount*</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right">&nbsp;&nbsp;5,924</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right">&nbsp;&nbsp;6,004</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; vertical-align: bottom; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right">&nbsp;&nbsp;6,247</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right">&nbsp;&nbsp;(80)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; vertical-align: bottom; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">(323)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">BBVA (Bank)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;5,828</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,905</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;6,146</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(77)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(318)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Associates</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">96</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">99</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;101</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(3)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total branches**</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;243</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;247</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;247</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(4)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left">Efficiency ratio</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;67.9%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;72.5%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;54.1%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right">&nbsp;(459)bps</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,383 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left">Accumulated Efficiency Ratio</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;70.1%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;72.5%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;56.0%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right">&nbsp;(236)bps</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,417 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left">Efficiency ratio - Excl. Inflation adjustment</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;47.1%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;50.1%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;47.4%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right">&nbsp;(299)bps</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(31)bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left">Accumulated Efficiency Ratio - Excl. Inflation adjustment</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;48.5%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;50.1%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;47.4%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right">&nbsp;(153)bps</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;116 bps</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="font-style: italic; vertical-align: middle; text-align: left; border-top-color: lightgrey; border-top-width: 1pt">(1) Concept included in the efficiency ratio calculation</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="font-style: italic; vertical-align: middle; text-align: left">*corresponds to total effective employees, net of temporary contract employees</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="font-style: italic; vertical-align: middle; text-align: left">**do not include administrative offices</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 6pt 2.55pt 12pt 0; text-align: justify">During 2Q21, personnel benefits
and administrative expenses totaled $12.2 billion, decreasing 1.3% or $158 million compared to 1Q21, and increasing 4.5% or $526 million
compared to 2Q20.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 6pt 2.55pt 12pt 0; text-align: justify">Personnel benefits contracted
1.9% QoQ, and increased 6.8% YoY. The quarterly decrease is partially explained by an 11.0% increase in inflation in the same period,
and a lower payroll expenditure. This was offset by salary increases arranged through collective bargaining agreements which incremented
wages in April by 11.5%.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 6pt 2.55pt 12pt 0; text-align: justify">As of 2Q21, administrative expenses
fell 0.6% QoQ, and increased 2.1% YoY. The quarterly fall is also explained by a greater inflation during the quarter than the nominal
increase in expenses.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 6pt 2.55pt 12pt 0; text-align: justify">The accumulated efficiency ratio
as of 2Q21 was 70.1%, below the 72.5% and above the 56.0% reported in 1Q21 and 2Q20 respectively. The decrease is explained by a higher
percentage increase in the denominator (income considering monetary position results) than
the numerator (expenses), which has been positively affected by an improvement in net fee income.</P>


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<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 6pt 2.55pt 12pt 0; text-align: justify">Excluding inflation adjustments
considered in the i<I>ncome from the monetary position</I> line item, the 2Q21 accumulated efficiency ratio would have been 47.1%, improving
compared to the 50.1% of 1Q21 and the 47.4% of 2Q20.</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Other Operating Expenses</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Other Operating Expenses</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Other Operating Expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;&nbsp;5,563</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5,157</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,253</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">7.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;30.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Turnover tax</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;3,596</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,376</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,498</TD>
    <TD STYLE="border-right: #D9D9D9 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;6.5%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #D9D9D9; border-left-width: 0.5pt; background-color: white">44.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Initial loss of loans below market rate</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #F2F2F2">&nbsp;429</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;324</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;139</TD>
    <TD STYLE="border-right: #D9D9D9 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">32.4%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #D9D9D9; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;208.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Contribution to the Deposit Guarantee Fund (SEDESA)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #F2F2F2">&nbsp;228</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;228</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;214</TD>
    <TD STYLE="border-right: #D9D9D9 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">-</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #D9D9D9; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;6.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Interest on liabilities from financial lease</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #F2F2F2">&nbsp;103</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">99</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;115</TD>
    <TD STYLE="border-right: #D9D9D9 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;4.0%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #D9D9D9; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(10.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #F2F2F2">&nbsp;512</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;294</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(122)</TD>
    <TD STYLE="border-right: #D9D9D9 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">74.1%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #D9D9D9; border-left-width: 0.5pt; background-color: white">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #F2F2F2">&nbsp;695</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;836</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,409</TD>
    <TD STYLE="border-right: #D9D9D9 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(16.9%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #D9D9D9; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(50.7%)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.45pt 12pt 0; text-align: justify; color: #121212">In 2Q21, other operating expenses
totaled $5.6 billion, increasing 7.9% or $406 million QoQ, and 30.8% or $1.3 billion YoY.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.45pt 12pt 0; text-align: justify; color: #121212">The main factor explaining growth
during the quarter is found in the <I>turnover tax</I> line item, with a 6.5% increase due to an increment in LELIQ and REPO position,
and its consequent taxation. Another line that explains increase in expenses during the quarter is the 74.1% growth in <I>other allowances</I>.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.45pt 12pt 0; text-align: justify; color: #121212">Previously mentioned increases
in expenses are offset by the <I>other operating expenses </I>line item which falls 16.9%.</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Income from Associates</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">This line reflects the results
from non-consolidated associate companies. During 2Q21, a profit of $174 million has been reported, mainly due to the Bank&rsquo;s participation
in BBVA Consolidar Seguros S.A., Rombo Compa&ntilde;&iacute;a Financiera S.A., Interbanking S.A. and Play Digital S.A.</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Income Tax</P>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 12pt 2.55pt 12pt 0; text-align: justify">Accumulated income tax during
the first six months of 2021 recorded a gain of $3.4 billion. As of 2Q21, tax expenses show a positive result of $2.9 billion due to the
reversal of the provision connected to the repayment of income tax inflation adjustments for 2017 and 2018 fiscal years, for a total of
$4.3 billion, recorded during the first quarter of 2018 (1Q18) and the second quarter of 2019 (2Q19) respectively. The reversal is a result
of an assessment, funded on legal and tax advisors&rsquo; opinions, in which the Bank considers that probabilities of getting a final
instance favorable court ruling are higher for those fiscal years.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 12pt 2.55pt 12pt 0; text-align: justify">Meanwhile, on May 26, 2021,
the Bank filed a new action of declaratory judgment of unconstitutionality against the Administraci&oacute;n Federal de Ingresos P&uacute;blicos
&ndash;Direcci&oacute;n General Impositiva (AFIP-DGI) expecting a favorable decision that declares the unconstitutionality of the section
194 of Income Tax Law (T.O. 2019) and/or the regulations that prevent the full implementation of the inflation adjustment for tax purposes
mechanism, as it considers a confiscatory income tax effect for fiscal year 2020. Consequently, in the income tax line item, a positive
adjustment of $784 million (in nominal terms) is recorded.</P>


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<P STYLE="font: 10pt/107% BBVABentonSans; color: #072146; margin: 12pt 2.55pt 12pt 0; text-align: justify"><FONT STYLE="color: #121212">Subsequently,
Law No 27,630 enacted on June 16, 2021, overruled the general reduction in applicable tax rat</FONT><FONT STYLE="color: windowtext">es<FONT STYLE="font-family: BBVABentonSans"><SUP>3</SUP></FONT>,
and introduced a scale system for fiscal years as of January 1, 2021. Thus, the applicable scale for the Bank will be the highest with
a 35% tax rate, and generating a one-time loss of $1.7 billion in 2Q21 due to deferred taxes.</FONT></P>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 12pt 2.55pt 12pt 0; text-align: justify">The accumulated benefit in
the income tax line as of 2Q21 includes the positive result obtained in 1Q21 due to the reversal of a provision of $1.2 billion (in nominal
terms) recorded during the second quarter of 2017 (2Q17) corresponding to 2016 fiscal year, which was funded on a favorable final sentence
in court.</P>

<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 12pt 2.55pt 12pt 0; text-align: justify">Balance sheet and activity</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Loans and Other Financing</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Loans and other financing</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">To the public sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; background-color: white">&nbsp;(100.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;N/A&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">To the financial sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,667</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,484</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5,385</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">7.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(50.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;319,860</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;329,335</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;376,117</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(2.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(15.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad - AR$</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;277,875</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;292,649</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;323,388</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(5.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(14.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Overdrafts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">12,041</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">14,634</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">46,753</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(17.7%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(74.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Discounted instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">32,961</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">34,903</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">35,924</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(5.6%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(8.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Mortgage loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">20,505</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">20,339</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">23,269</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;0.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(11.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Pledge loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">13,826</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12,913</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">11,582</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;7.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">19.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Consumer loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">33,208</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,899</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">35,857</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(2.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(7.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Credit cards</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;124,994</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;131,507</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;113,793</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(5.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;9.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Receivables from financial leases</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,559</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,240</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,980</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">14.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">29.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">37,782</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">42,213</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">54,230</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(10.5%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(30.3%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad - Foreign Currency</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">41,985</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">36,686</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">52,729</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;14.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(20.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Overdrafts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">37.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(41.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Discounted instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,885</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,073</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">26</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">39.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Credit cards</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,063</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,277</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,944</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">61.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;6.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Receivables from financial leases</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">85</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;131</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;354</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(34.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(76.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Loans for the prefinancing and financing of exports</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">24,580</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">21,712</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">32,756</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">13.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(25.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">12,370</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">11,492</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">17,645</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;7.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(29.9%)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; padding-left: 9px; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">% of total loans to Private sector in AR$</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">86.9%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">88.9%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">86.0%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">(199)bps</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">89 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">% of total loans to Private sector in Foreign Currency</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">13.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">11.1%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">14.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;199 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(89)bps</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: italic 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: italic 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font: italic 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: italic 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: italic 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; padding-left: 9px; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">% of mortgage loans with UVA adjustments / Total mortgage loans (1)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">75.2%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">80.8%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">86.1%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">(557)bps</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,087)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">% of pledge loans with UVA adjustments / Total pledge loans (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">9.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11.8%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">22.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(218)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,244)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">% of consumer loans with UVA adjustments / Total consumer loans (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">8.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12.0%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">29.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(312)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2,099)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">% of loans with UVA adjustments / Total loans and other financing(1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">2.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">3.2%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">4.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(28)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(188)bps</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Total loans and other financing</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;322,527</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;331,820</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;381,502</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;(2.8%)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(15.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(15,600)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(15,990)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(16,178)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;2.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;3.6%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid">Total net loans and other financing</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;306,927</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;315,829</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;365,325</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right">&nbsp;&nbsp;(2.8%)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(16.0%)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Private sector loans as of 2Q21
totaled $319.7 billion, decreasing 2.9% or $9.5 billion QoQ, and 15.0% or $56.3 billion YoY.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify"><FONT STYLE="color: #121212">Loans to the private
sector in pesos decreased 5.0% in 2Q21, and 14.1% YoY, especially driven by the decrease in real terms in <I>credit cards</I>, <I>other
loans</I> and <I>overdrafts</I>. Loans to the private sector denominated in foreign currency increased 14.4% QoQ and fell 20.4% YoY. The
increase of the latter during the quarter is mainly explained by a 39.2% increase in <I>discounted instruments</I>, a 13.2% increase in
<I>loans for the prefinancing and financing of exports </I>and a 7.6% increase in <I>other loans</I>. These loans, measured in U.S. dollars,
grew 10.0% QoQ and fell 41.4% YoY. The depreciation of the argentine peso versus the U.S. dollar was 3.9% QoQ and 26.4% Yo</FONT>Y<FONT STYLE="font-size: 10pt"><SUP>4</SUP></FONT>.</P>
<HR ALIGN="LEFT" SIZE="1" STYLE="width: 33%">



<P STYLE="font: 8pt BBVABentonSans; margin: 0"><B><I><SUP>3</SUP></I></B><I> Previously: 30% for fiscal years as of January 1, 2018
and 25% for fiscal years as of 2022.</I></P>

<P STYLE="font: 8pt BBVABentonSans; margin: 0"><B><I><SUP>4</SUP></I></B><I> Taking into consideration wholesale U.S. dollar foreign
exchange rates on BCRA&rsquo;s Communication &ldquo;A&rdquo; 3500.</I></P>

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<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In 2Q21, total loans and other
financing totaled $322.5 billion, decreasing 2.8% compared to 1Q21 and 15.5% compared to 2Q20.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Loans and other financing</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Non-financial private sector and residents abroad - Retail</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;194,596</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;199,934</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;186,445</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;(2.7%)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">4.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Mortgage loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">20,505</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">20,339</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">23,269</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;0.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(11.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Pledge loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">13,826</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12,913</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">11,582</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;7.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">19.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Consumer loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">33,208</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,899</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">35,857</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(2.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(7.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Credit cards</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;127,057</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;132,784</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;115,737</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(4.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;9.8%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad - Commercial</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;125,265</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;129,401</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;189,672</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(3.2%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(34.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Overdrafts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">12,043</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">14,636</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">46,756</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(17.7%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(74.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Discounted instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">35,846</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">36,976</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">35,950</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(3.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(0.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Receivables from financial leases</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,644</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,371</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,334</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">11.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">13.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Loans for the prefinancing and financing of exports</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">24,580</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">21,712</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">32,756</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">13.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(25.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">50,152</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">53,705</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">71,876</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(6.6%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(30.2%)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; padding-left: 9px; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">% of total loans to Retail sector</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">60.8%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">60.7%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">49.6%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;13 bps</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,127 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">% of total loans to Commercial sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">39.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">39.3%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">50.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(13)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,127)bps</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In real terms, retail loans
(mortgage, pledge, consumer and credit cards) have fallen 2.7% QoQ and grown 4.4% YoY. During the quarter, the greatest decline is seen
in <I>credit cards</I> with a 4.3% decrease, followed by a 2.0% fall in consumer loans. <I>Credit cards</I> grew in nominal terms by 6.2%
driven by an increase in activity, although in real terms this does not compensate for the acceleration in the inflation rate during the
quarter.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Commercial loans (<I>overdrafts,
discounted instruments, receivables from financial leases, loans for the prefinancing and financing of exports, </I>and <I>other loans</I>)
contracted 3.2% QoQ and 34.0% YoY both in real terms. Quarterly decline is explained by a 17.7% fall in <I>overdrafts</I>, followed by
a 6.6% fall in <I>other loans </I>(particularly due to repayment of company loans or &ldquo;<I>Prestamos a inter&eacute;s vencido</I>&rdquo;,
mainly linked to COVID-19 loans). This was partially offset by a 13.2% growth in <I>prefinancing and financing of exports</I>.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Decline in both retail and commercial
portfolios, and in the total loan portfolio, are mainly impacted by the effect of inflation during the second quarter of 2021, which reached
11%. In nominal terms, the retail, commercial and total loan portfolio all increased 8.0%, 7.4% and 7.8% respectively during the quarter,
yet unable to offset the impact of inflation during the same period.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Loans and other financing- Non restated figures</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Non-financial private sector and residents abroad - Retail</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;194,596</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;180,197</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;124,130</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;8.0%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">56.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad - Commercial</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;125,265</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;116,627</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;126,295</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;7.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(0.8%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total loans and other financing (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;322,527</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;299,063</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;253,996</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;7.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">27.0%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD COLSPAN="6" STYLE="font-style: italic">(1) Does not include allowances</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.45pt 12pt 0; text-align: justify; color: #121212">As of 2Q21, the total loans
and other financing over deposits ratio was 52.9%, below the 58.9% recorded in 1Q21 and the 68.0% in 2Q20.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-left: #043263 1pt solid">Market share - Private sector Loans</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In %</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Private sector loans - Bank</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">7.35%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">7.35%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">7.71%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; background-color: white">-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(36)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Private sector loans - Consolidated*</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">8.21%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">8.23%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">8.54%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(2)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-size: 10pt; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(33)bps</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="font-size: 10pt; font-style: italic">Based on daily BCRA information. Capital balance as of the last day of each quarter.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="font-size: 10pt; font-style: italic">&nbsp;* Consolidates PSA, VWFS &amp; Rombo</TD></TR>
  </TABLE>
<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 12pt 2.55pt 6pt 0; text-align: justify"></P>


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<P STYLE="font: 14pt/107% BBVABentonSans; margin: 12pt 2.55pt 6pt 0; text-align: justify; color: #02A5A5">Asset Quality</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Asset Quality</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-left: #043263 1pt solid; color: white; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: #043263 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Commercial non-performing portfolio (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,460</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,653</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,999</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; background-color: white">&nbsp;(7.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">23.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Total commercial portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;109,586</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;104,535</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;158,356</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;4.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(30.8%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Commercial non-performing portfolio / Total commercial portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2.24%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2.54%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1.26%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt">(29)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;98 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Retail non-performing portfolio (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;5,843</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,157</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,006</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; background-color: white">85.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">45.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Total retail portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;223,433</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;232,799</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;227,541</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; background-color: white">&nbsp;(4.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(1.8%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Retail non-performing portfolio / Total retail portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2.62%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1.36%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1.76%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt">&nbsp;&nbsp;126 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;85 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Total non-performing portfolio (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;8,303</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5,810</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,006</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; background-color: white">42.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">38.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Total portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;333,019</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;337,334</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;385,897</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; background-color: white">&nbsp;(1.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(13.7%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Total non-performing portfolio / Total portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2.49%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1.72%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1.56%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt">&nbsp;77 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;94 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">15,600</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">15,990</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">16,178</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; background-color: white">&nbsp;(2.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(3.6%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Allowances&nbsp;&nbsp;/Total non-performing portfolio&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">187.88%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">275.22%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">269.38%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt">&nbsp;(8,734)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(8,149)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Quarterly change in Write-offs&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;702</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;569</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,069</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; background-color: white">23.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(88.4%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Write offs / Total portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;0.38%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;0.17%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1.92%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt">&nbsp;21 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(154)bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Cost of Risk (CoR)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2.61%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2.47%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;4.27%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt">&nbsp;14 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(166)bps</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-style: italic; text-align: left">(1) Non-performing loans include: all loans to borrowers classified as &quot;Deficient Servicing (Stage 3)&quot;, &quot;High Insolvency Risk (Stage 4)&quot;, &quot;Irrecoverable&quot; and/or &quot;Irrecoverable for Technical Decision&quot; (Stage 5) according to BCRA debtor classification system</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 6pt 2.55pt 12pt 0; text-align: justify">In 2Q21, asset quality ratio
or NPL (total non-performing portfolio / total portfolio) was 2.49%, compared to the 1.72% recorded in 1Q21. The increase is mainly explained
by the expiration of grace periods related to deferred credit card payments (COVID-19 measures) which caused an increase in the retail
non-performing portfolio, and the normalization of grace periods granted by the temporary flexibility in BCRA regulation regarding debtor
classification during the COVID-19 pandemic. Regarding the commercial portfolio, this showed a satisfactory credit performance.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 6pt 2.55pt 12pt 0; text-align: justify">The coverage ratio (allowances
/ total non-performing portfolio) was 187.88% in 2Q21, versus the 275.22% recorded in 1Q21. The change in this ratio reflects a subtle
reduction in allowances, but mainly the increase in NPLs (in particular on the retail loan portfolio).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 6pt 2.55pt 12pt 0; text-align: justify">Cost of risk (loan loss allowances
/ average total loans) reached 2.61% as of 2Q21, higher than 1Q21&rsquo;s 2.47%. This is mainly explained by the greater reduction in
the loan portfolio, in contrast to the contraction in loan loss allowances, in real terms. In nominal terms, loan loss allowances saw
a higher increase than the loan portfolio.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; border-left: #043263 1pt solid; text-align: left; background-color: #043263">Analysis for the allowance of loan losses</TD>
    <TD COLSPAN="5" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; text-align: center; background-color: #043263">BBVA ARG</TD>
    <TD STYLE="color: #E7E6E6; font-size: 8.5pt; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: right; background-color: #043263">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; background-color: #043263">Balance at 12/31/2020</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; background-color: #043263">Stage 1</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; background-color: #043263">Stage 2</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; background-color: #043263">Stage 3</TD>
    <TD ROWSPAN="2" STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; background-color: #043263">Monetary result generated by allowances</TD>
    <TD STYLE="color: #E7E6E6; font-size: 8.5pt; background-color: white">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center; background-color: #043263">Balance at 06/30/2021</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="color: white; text-align: left; background-color: #043263">In millions of AR$&nbsp;</TD>
    <TD STYLE="color: #E7E6E6; font-size: 8.5pt; background-color: white">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; width: 41%">Other financial assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; width: 9%">&nbsp;331</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; width: 9%">&nbsp;(6)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; width: 9%">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; width: 9%">34</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; width: 13%">&nbsp;(68)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right; width: 9%">&nbsp;291</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Loans and other financing</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">16,044</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">(235)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(57)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2,948</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(3,511)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">15,189</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other debt securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">-</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Eventual commitments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;1,710</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;125</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">43</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">25</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(361)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;1,542</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #D4EDFC">Total allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #D4EDFC">18,085</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">(116)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">&nbsp;&nbsp;(14)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">&nbsp;&nbsp;3,007</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">(3,940)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #D4EDFC">17,022</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="8" STYLE="font-style: italic; text-align: left">Note: to be consistent with Financial Statements, it must be recorded from the beginning of the year instead of the quarter</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Allowances for the Bank in 2Q21
reflect expected losses driven by the adoption of the IFRS 9 standards as of January 1, 2020, except for debt instruments issued by the
nonfinancial government sector which were temporarily excluded from the scope of such standard.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 1.15pt 12pt 0"></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left; background-color: #043263">Analysis for the allowance of loan losses</TD>
    <TD COLSPAN="5" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; text-align: center; background-color: #043263">Group &quot;C&quot; Subsidiary Companies</TD>
    <TD STYLE="color: #E7E6E6; font-size: 8.5pt; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: right; background-color: #043263">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; background-color: #043263">Balance at 12/31/2020</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; background-color: #043263">Stage 1</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; background-color: #043263">Stage 2</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: center; background-color: #043263">Stage 3</TD>
    <TD ROWSPAN="2" STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: center; background-color: #043263">Monetary result generated by allowances</TD>
    <TD STYLE="color: #E7E6E6; font-size: 8.5pt; background-color: white">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-right: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center; background-color: #043263">Balance at 06/30/2021</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; background-color: #043263">In millions of AR$&nbsp;</TD>
    <TD STYLE="color: #E7E6E6; font-size: 8.5pt; background-color: white">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; width: 41%">Loans and other financing</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; vertical-align: middle; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; width: 9%">&nbsp;407</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; vertical-align: middle; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; width: 9%">74</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; vertical-align: middle; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; width: 9%">&nbsp;(9)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; vertical-align: middle; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; width: 9%">&nbsp;(9)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; vertical-align: middle; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; width: 13%">&nbsp;(54)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; vertical-align: middle; border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: right; width: 9%">&nbsp;410</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;407</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">74</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(9)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(9)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(54)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;410</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Pledge loans</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;395</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">70</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(8)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(9)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(43)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;406</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Financial leases</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">-</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;1</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">11</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;3</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(11)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;3</TD></TR>
  <TR>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #D4EDFC">Total allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #D4EDFC">&nbsp;407</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">74</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">&nbsp;(9)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">&nbsp;(9)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #D4EDFC">&nbsp;(54)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: #D4EDFC">410</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="font-style: italic">Note: to be consistent with Financial Statements, it must be recorded from the beginning of the year instead of the quarter</TD>
    <TD STYLE="font-style: italic">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; color: #121212; margin: 12pt 2.55pt 12pt 0; text-align: justify">The financial statements of
consolidated subsidiaries PSA and VWFS were prepared considering the financial reporting framework set forth by the BCRA for Group &quot;C&quot;
financial institutions, without considering the model established in paragraph 5.5. &ldquo;Impairment&rdquo; of IFRS 9 for fiscal years
commencing on and after January 1, 2022.</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Public Sector Exposure</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Net Public Debt Exposure</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 46%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 12%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 12%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left">Treasury and Government securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">56,380</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">52,747</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;26,719</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right">6.9%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;111.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Treasury and National Government</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">56,380</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">52,747</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;26,719</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">6.9%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;111.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">National Treasury Public Debt in AR$</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">56,380</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">52,747</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;14,803</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;6.9%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;280.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">National Treasury Public Debt in dollars</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;11,916</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(100.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Loans to the Public Sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(100.0%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;N/A&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">AR$ Subtotal</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">56,380</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">52,748</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;14,803</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">6.9%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;280.9%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left">USD Subtotal*</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;11,916</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; text-align: right">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #D9D9D9 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(100.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left">Total Public Debt Exposure</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">56,380</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">52,748</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;26,719</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; text-align: right">6.9%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #D9D9D9 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;111.0%</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: #D9D9D9 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; border-bottom: lightgrey 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #D9D9D9 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; border-bottom: lightgrey 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #D9D9D9 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; border-bottom: lightgrey 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 1pt">B.C.R.A. Exposure</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;212,700</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;142,246</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">167,598</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;49.5%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;26.9%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;107,435</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;108,439</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">116,129</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(0.9%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(7.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">LELIQs</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;107,435</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;108,439</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">116,129</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(0.9%)</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(7.5%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Repo</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;105,265</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,807</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;51,469</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;211.4%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;104.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; border-bottom: #D9D9D9 1pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">B.C.R.A. - AR$</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;105,265</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">33,807</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;51,469</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;211.4%</TD>
    <TD STYLE="border-right: #D9D9D9 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;104.5%</TD></TR>
  <TR>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-bottom: lightgrey 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;% Public sector exposure (Excl. B.C.R.A.) / Total assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: center; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">6.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: center; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">6.4%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: center; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3.3%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right">&nbsp;11 bps</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;323 bps</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="font-style: italic">*Includes USD-linked Treasury public debt in AR$</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">2Q21 public sector exposure
(excluding BCRA) totaled $56.4 billion, growing 6.9% or $3.6 billion QoQ, and 111.0% or $29.7 billion YoY. The quarterly increase is explained
by a greater position in CER-linked treasury bills (LECER) and 2022 National Treasury Bonds at fixed rate (<I>Bonte 22</I>, used for reserve
requirement integration).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Short-term liquidity is mostly
allocated in BCRA instruments, which grew 49.5% QoQ and 26.9% YoY in real terms. The quarterly increase is explained by a higher position
in REPOs with the BCRA, which grew 211.4%.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">Exposure to the public sector
(excluding BCRA) represents 6.5% of total assets, above the 6.4% in 1Q21 and the 3.3% in 2Q20.</P>


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<P STYLE="font: 14pt BBVABentonSans; margin: 0; color: #02A5A5">&nbsp;</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Deposits</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Total Deposits</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Total deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;609,118</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;563,440</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;560,637</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">8.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">8.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial Public Sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;7,121</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;7,303</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8,206</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(2.5%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(13.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Financial Sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;436</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;199</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;450</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;119.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(3.1%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;601,561</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;555,938</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;551,981</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">8.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">9.0%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad - AR$</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;442,085</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;395,473</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;381,364</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;11.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;15.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Checking accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;138,549</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;114,303</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;112,970</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;21.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;22.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Savings accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;114,716</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;100,206</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;118,384</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;14.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(3.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;144,597</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;141,724</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;141,731</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;2.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Investment accounts&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">40,583</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">35,911</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,956</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;13.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;3,640</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,329</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5,323</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;9.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(31.6%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and res. abroad - Foreign Currency</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;159,476</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;160,465</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;170,616</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(0.6%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(6.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Checking accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">36</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">19</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">26</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;91.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;39.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Savings accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;140,261</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;139,791</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;140,736</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;0.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(0.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">17,098</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">18,387</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">26,017</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(7.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(34.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,080</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,268</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,837</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(8.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(45.8%)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; padding-left: 9px; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">% of total portfolio in the private sector in AR$</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">73.5%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">71.1%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">69.1%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;235 bps</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;440 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">% of total portfolio in the private sector in Foregin Currency</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">26.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">28.9%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">30.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(235)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(440)bps</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; padding-left: 9px; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left">% of time deposits with UVA adjustments / Total AR$ Deposits</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">4.4%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">2.7%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">2.1%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right">&nbsp;&nbsp;170 bps</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;237 bps</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; padding-left: 9px; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">%&nbsp;&nbsp;of sight deposits over total deposits</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">66.4%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">64.7%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-style: italic; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">69.1%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;163 bps</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(270)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">%&nbsp;&nbsp;of time deposits over total deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">33.6%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">35.3%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-style: italic; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">30.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(163)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;270 bps</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; text-indent: 0in; color: #121212">As of 2Q21,
total deposits reached $609.1 billion, increasing 8.1% or $45.7 billion QoQ, and 8.6% or $48.5 billion YoY.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; text-indent: 0in; color: #121212">Private non-financial
sector deposits in 2Q21 totaled $601.6 billion, increasing 8.2% QoQ, and 9.0% YoY.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; text-indent: 0in; color: #121212">Private non-financial
sector deposits in pesos totaled $442.1 billion, growing 11.8% compared to 1Q21, and 15.9% compared to 2Q20. The quarterly increase is
mainly affected by the growth in sight deposits, especially checking accounts (interest bearing), and savings accounts. All deposits in
local currency grew in real terms during the quarter.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; text-indent: 0in; color: #121212">Private non-financial
sector deposits in foreign currency expressed in pesos fell 0.6% QoQ and 6.5% YoY. Measured in U.S. dollars, these deposits fell 4.5%
QoQ and 31.2% YoY.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Private Deposits</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;601,561</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;555,938</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;551,981</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right">8.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">9.0%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Sight deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;399,282</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;359,916</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;381,276</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;10.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">4.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Checking accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;138,585</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;114,322</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;112,995</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;21.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;22.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Savings accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;254,977</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;239,997</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;259,121</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;6.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;5,720</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,598</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,160</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;2.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(37.6%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;202,278</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;196,022</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;170,705</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">3.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;18.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;161,695</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;160,111</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;167,748</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;1.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(3.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Investment accounts</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #EDEDED">40,583</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">35,911</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,956</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;13.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;n.m&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; padding-left: 9px; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">% of sight deposits over total deposits</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">66.8%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">65.2%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">69.6%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;158 bps</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-style: italic; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(276)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">% of time deposits over total deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">33.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">34.8%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">30.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(158)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;276 bps</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Private Deposits - Non restated figures</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Sight deposits</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;399,282</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;324,387</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;255,753</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;23.1%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;56.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Time deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;202,278</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;176,672</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;111,744</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;19.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;81.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;609,118</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;507,820</TD>
    <TD STYLE="border-right: #043263 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;373,260</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: #043263; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;6.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;63.2%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">As of 2Q21, the Bank&rsquo;s
transactional deposits (checking accounts and savings accounts) represented 65.4% of total non-financial private deposits, totaling $393.6
billion, versus 63.7% in 1Q21.</P>


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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-left: #043263 1pt solid">Market Share - Private sector Deposits</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-left: #043263 1pt solid; color: white; font-size: 10pt; text-align: left; width: 50%">In %</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: #002060 1pt solid; font-size: 10pt; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left">Private sector Deposits - Consolidated*</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-size: 10pt; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">7.41%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-size: 10pt; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">6.90%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-size: 10pt; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">6.52%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-size: 10pt; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right; background-color: white">&nbsp;51 bps</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-size: 10pt; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;89 bps</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="font-size: 10pt; font-style: italic">Based on daily BCRA information. Capital balance as of the last day of each quarter.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="font-size: 10pt; font-style: italic">&nbsp;* Consolidates PSA, VWFS &amp; Rombo</TD></TR>
  </TABLE>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Other Sources of Funds</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Other sources of funds</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Other sources of funds</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;140,852</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;142,382</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;150,579</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;&nbsp;(1.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(6.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Central Bank</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">30</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">27</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">49</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;10.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(38.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Banks and international organizations</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,927</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,084</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;40.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;N/A&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Financing received from local financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;6,758</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,733</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7,828</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(22.6%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(13.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Corporate bonds</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;871</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,134</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,313</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(23.2%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(86.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Equity</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;130,266</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;130,405</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;136,389</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(0.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4.5%)</TD></TR>
  </TABLE>

<P STYLE="font: 1pt/107% BBVABentonSansLight; margin: 6pt 0; text-align: justify; color: #121212">&nbsp;</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In 2Q21, other sources of funds
totaled $140.9 billion, falling 1.1% or $1.5 billion QoQ, and 6.5% or $9.7 billion YoY.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">The decline is mostly explained
by the 22.6% decrease <I>financing received from local financial institutions</I>.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">The 0.1% decline in equity is
explained by the reclassification into liabilities of the $7.0 billion declared dividend, which distribution is pending pursuant to Communication
&ldquo;A&rdquo; 6939 and amendments by the BCRA.</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">Liquid Assets</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Total Liquid Assets</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 55%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 9%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 9%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 9%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 9%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 9%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Total liquid assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;461,393</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;405,921</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;357,383</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;13.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;29.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Cash and deposits in banks</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;198,330</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;217,174</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;169,013</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(8.7%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;17.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Debt securities at fair value through profit or loss</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;4,518</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,375</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">14,486</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(15.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(68.8%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Government securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;4,518</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;5,375</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;0</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(15.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Liquidity bills of B. C. R. A.</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">14,485</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(100.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net REPO transactions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;105,265</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,807</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">51,469</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;211.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;104.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other debt securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;153,280</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;149,565</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;122,415</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;2.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;25.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Government securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">45,844</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">41,125</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">20,771</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt">11.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;120.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Liquidity bills of B. C. R. A.</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;107,435</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;108,439</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;101,644</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt">&nbsp;(0.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: #D9D9D9 0.5pt solid; text-align: right; border-top-color: #D9D9D9; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5.7%</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D9D9D9">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left">Liquid assets / Total Deposits</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: center; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;75.7%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: center; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;72.0%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: center; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;63.7%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right">&nbsp;&nbsp;370 bps</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,200 bps</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In 2Q21, liquid assets were
$461.4 billion, increasing 13.7% or $55.5 billion compared to 1Q21, and 29.1% or $104.0 billion compared to 2Q20, mainly due to an increase
in net REPO transactions.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">In 2Q21, the liquidity ratio
(liquid assets / total deposits) reached 75.7%. Liquidity ratio in local and foreign currency reached 74.8% and 79.8% respectively.</P>


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<P STYLE="font: 14pt BBVABentonSans; margin: 0; color: #02A5A5">&nbsp;</P>

<P STYLE="font: 14pt BBVABentonSans; margin: 0; color: #02A5A5">Solvency</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Minimum capital requirement</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 49%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Minimum capital requirement</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">42,686</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">44,299</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">47,642</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;&nbsp;(3.6%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">(10.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Credit risk</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">31,640</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,149</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">35,202</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(4.6%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(10.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Market risk</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;570</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;196</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;862</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;190.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(33.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Operational risk</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">10,476</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">10,953</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">11,577</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(4.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(9.5%)</TD></TR>
  <TR>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Integrated Capital - RPC (1)*</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;121,442</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;121,087</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;124,765</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">0.3%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;(2.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Ordinary Capital Level 1 ( COn1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;135,122</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;137,902</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;141,368</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(2.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deductible items COn1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(16,911)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(20,177)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(20,339)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;16.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;16.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Additional Capital Level 2 (COn2)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;3,231</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,362</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;3,735</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(3.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(13.5%)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Excess Capital</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Integration excess</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">78,756</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">76,788</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">77,123</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;2.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Excess as&nbsp;&nbsp;% of minimum capital requirement</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">184.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">173.3%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">161.88%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">1,116 pbs</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">2,262 pbs</TD></TR>
  <TR>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid">Risk-weighted assets (RWA, according to B.C.R.A. regulation) (2)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;522,063</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;541,672</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;582,713</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right">&nbsp;(3.6%)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(10.4%)</TD></TR>
  <TR>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Regulatory Capital Ratio (1)/(2)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;23.3%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;22.4%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;21.4%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;91 bps</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;185 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">TIER I Capital Ratio (Ordinary Capital Level 1/ RWA)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;22.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;21.7%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;20.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;91 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;187 bps</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="font-style: italic; vertical-align: middle; text-align: left; background-color: white">* RPC includes 100% of quarterly results</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: justify; color: #121212">BBVA Argentina continues to
show strong solvency indicators on 2Q21. Capital ratio reached 23.3%. Tier 1 ratio was 22.6% and capital excess over regulatory requirement
was $78.8 billion or 184.5%.</P>

<P STYLE="font: 14pt/107% BBVABentonSans; color: #02A5A5; margin: 12pt 2.55pt 12pt 0; text-align: justify">BBVA Argentina Asset Management
S.A.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #002060 1pt solid">Mutual Funds Assets</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; text-align: center">BBVA Asset Management</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; text-align: center; border-left-color: #043263; border-left-width: 1pt">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; background-color: white">FBA Renta Pesos</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;138,461</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;148,793</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;165,810</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;(6.9%)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(16.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Renta Fija Plus</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">10,317</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;5,633</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">75</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;83.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Ahorro Pesos</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;1,526</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;1,439</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;979</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;6.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;55.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Horizonte</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;373</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;691</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;1,145</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(46.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(67.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Calificado</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;591</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;546</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;746</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;8.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(20.8%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Acciones Argentina</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;488</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;452</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;664</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;8.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(26.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Acciones Latinoamericanas</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;476</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;422</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;544</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;12.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(12.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Bonos Argentina</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;373</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;330</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;347</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;13.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Bonos Globales</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;122</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;226</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;332</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(46.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(63.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Renta Mixta</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;155</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">60</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">59</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;158.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;162.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Gesti&oacute;n I</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">32</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">33</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">38</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(3.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(15.8%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Horizonte Plus</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">26</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">31</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">81</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(16.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(67.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Retorno Total I</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">21</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">30</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">62</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(30.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(66.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Renta P&uacute;blica I</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Renta Fija Local</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;2</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Renta Fija D&oacute;lar Plus</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">-</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;1,104</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(100.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Brasil I</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">-</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">83</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; text-align: right">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(100.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">FBA Renta Fija D&oacute;lar</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">-</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;751</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; text-align: right">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(100.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: #D9D9D9 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #D9D9D9 1pt solid; text-align: left">Total assets</TD>
    <TD STYLE="border-top: #D9D9D9 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;152,965</TD>
    <TD STYLE="border-top: #D9D9D9 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;158,690</TD>
    <TD STYLE="border-top: #D9D9D9 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;171,990</TD>
    <TD STYLE="border-top: #D9D9D9 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;(3.6%)</TD>
    <TD STYLE="border-top: #D9D9D9 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(11.1%)</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-left: #043263 1pt solid">Market Share - Mutual funds</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; text-align: center">BBVA Asset Management</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In %</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Mutual funds</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">6.19%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">6.29%</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">8.22%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; background-color: white">(10)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-size: 10pt; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(203)bps</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD COLSPAN="6" STYLE="font-size: 10pt; font-style: italic">Source: C&aacute;mara Argentina de Fondos Comunes de Inversi&oacute;n</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 6pt 2.55pt 12pt 0; text-align: justify"><FONT STYLE="font: 18pt/107% BBVABentonSans; color: #072146"><B><BR STYLE="clear: both">
</B></FONT></P>


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<P STYLE="font: bold 18pt/107% BBVABentonSans; color: #072146; margin: 0.25in 2.55pt 12pt 0; text-align: center">Other events</P>

<P STYLE="font: 11pt/107% BBVABentonSans; color: #02A5A5; margin: 0.25in 0 12pt">Main Relevant Events</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/107% BBVABentonSans; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font: 10pt Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">As of June 29, 2021, the Board of Directors accepted the resignation of
the Regular Director Nuria Alonso Jim&eacute;nez, and appointed Mr. Gustavo Alberto Mazzolini Casas, who was acting as Alternate Director,
as Regular Director until the next Ordinary General Meeting of Shareholders is held, in accordance with the provisions set forth in Section
10 of the corporate By-laws.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/107% BBVABentonSans; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font: 10pt Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">As of July 16, 2021, the Bank has been notified of a class action and extension
of the same, filed by the Asociaci&oacute;n de Defensa del Asegurado, Consumidores y Usuarios &ndash;ADACU- Asociaci&oacute;n Civil (Association
for the Defense of the Insured, Consumers and Users -ADACU- Non Profit). The Association, acting on behalf of consumers, demands the obligation
of BBVA to inform its customers about the duty to extinguish the amount in the event of death or permanent total invalidity of the debtor,
by the execution of an insurance or self-insurance agreement. In this sense, it requests the updated refund to the invalidated users or
to the heirs of the deceased users, of the amounts already received from them by cancellation of debit balances existing at the time of
disability or death of the user; and requests the cancellation of any debt due for users who have died or been disabled since the effective
date of paragraph 2.3.11.1 of BCRA communication &quot;A&quot; 5928, plus any currency or interests adjustments. It is important to remark
that this action is informed even though it is materially impossible to determine to date, whether the claim has a significant economic
importance, since such claim is brought for an indeterminate amount, materially impossible to be determined with certainty today.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/107% BBVABentonSans; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font: 10pt Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">As of July 22, 2021, the Bank reported technical inconveniences with its
systems which prevented banking and capital market transactions to be carried out as usual, and which were solved during the course of
the day.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/107% BBVABentonSans; color: #02A5A5; margin: 0.25in 0 12pt">Digital Transformation</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify">Digitalization continued to accelerate during 2Q21.
Active digital client total more than 1.9 million with a 73.7% penetration over total active clients (2.8 million), versus a penetration
of 69.3% in 2Q20. Active mobile clients reach 1.7 million, representing a 62.3% penetration in 2Q21, versus a penetration of 57.4% in
2Q20. Digital and mobile transactions<FONT STYLE="font-size: 10pt"><SUP>5</SUP></FONT> increased 16.6% in 2Q21 YoY.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify">On 2Q21, retail digital sales measured in units reached
78.1% of total sales (vs. 77.9% in 2Q20) and represent 54.6% of the Banks total sales measured in monetary value (vs. 59.8% in 2Q20).</P>

<P STYLE="font: 11pt/107% BBVABentonSans; color: #02A5A5; margin: 0.25in 0 12pt">SMEs Productive investment financing credit lines &ndash;
June 2021</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 12pt 2.55pt 12pt 0; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">Pursuant
to Communication &ldquo;A&rdquo; 7240. The amount to be granted by the Bank regarding the 2021 quota is $24.4 billion, according to BCRA&rsquo;s
Communication &ldquo;B&rdquo; 12164. The Bank is satisfactorily working to achieve such quota.</FONT></P>

<HR ALIGN="LEFT" SIZE="1" STYLE="width: 33%">

<P STYLE="font: 8pt BBVABentonSans; margin: 0"><B><I><SUP>5</SUP></I></B><I> Includes online and mobile banking, Net Cash online &amp;
mobile, and non-bank correspondents.</I></P>

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<P STYLE="font: 18pt BBVABentonSans; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: bold 18pt/107% BBVABentonSans; color: #072146; margin: 0.25in 2.55pt 12pt 0; text-align: center">Main Regulatory Changes</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Reserve requirement integration with public securities.
(Communication &ldquo;A&rdquo; 7290, 05/27/2021).</B> The Central Bank states that as of June 1, 2021, all reserve requirement that financial
institutions can integrate in LELIQ, will also be able to be integrated with sovereign securities in pesos that are not USD-linked, with
a residual maturity of at least 180 days and 450 days at most, purchased at primary offering as of that date. Public securities used to
integrate reserve requirements in pesos will be excluded from &ldquo;Non-financial public sector financing&rdquo; regulation limits.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0; text-align: justify"><B>Immediate liquidity. (Communication &ldquo;A&rdquo; 7291,
05/27/2021).</B> As of June 1, 2021, the BCRA will enable a mechanism called &ldquo;immediate liquidity&rdquo; through which financial
institutions will be able to sell public securities to the BCRA (which they had purchased to integrate reserve requirements), according
to the following conditions:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">The securities should have been introduced through the primary
market as of June 1, 2021 by the selling institution.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">The passing of at least 5 working days since settlement day
of the primary auction in which they were purchased.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">Having been applied as reserve requirement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0; text-align: justify; color: #121212">2022 National Treasury Bonds at 22% fixed
rate with maturity on May 2022 (TY22P) are excluded.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0; text-align: justify"><B>Damaged banknotes. (Communication &ldquo;A&rdquo; 7292,
05/28/2021). </B>The BCRA stated the limits that financial institutions must consider, as of June 1 and until September 30, 2021, regarding
the holding of banknotes of &ldquo;proper handling&rdquo; and &ldquo;damaged&rdquo; affected by the interbank compensation of banknotes
(ICB). Consequently, it authorizes the declaration of excess damaged banknotes to the ICB, kept in armored transportation registered in
the &ldquo;Registro de transportadoras de valores&rdquo;of all provinces including Ciudad Aut&oacute;noma de Buenos Aires (CABA), under
the conditions established in the Annex of Communication &ldquo;A&rdquo; 5670 and amendments.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Financial issuers of credit and/or purchase cards.
Maximum period for settlement of transactions made in one payment. (Communication &ldquo;A&rdquo; 7305, 06/11/2021). </B>The BCRA stated
that as of July 1, 2021, the maximum period for financial institutions to transfer funds from sales made in one payment, in deposit accounts
of providers or businesses (through credit and/or purchase cards that these issue) will be: i) 8 working days if they are SMEs or individuals.
Ii) 10 working days for medium companies and those whose activity is &ldquo;accommodation services, tourism, gastronomy and/or health&rdquo;,
not included in the preceding item. Iii) 18 working days for all other cases. In all cases, said period will be counted since the date
of the purchase. Financial institutions will not be able to charge any fee related to settlement periods. Neither will they prevent or
difficult the means of payment through these cards.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Dividend distribution. (Communication &ldquo;A&rdquo;
7312, 06/24/2021).</B> The BCRA extended until December 31, 2021, the ban on the distribution of results for financial institutions.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Reserve requirement. (Communication &ldquo;A&rdquo;
7318, 07/01/2021).</B> As of July 1, 2021, obligations with businesses for sales with credit, debit or pre-paid cards are excluded from
reserve requirement calculation.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Reserve requirement. Ahora 12. (Communication &ldquo;A&rdquo;
7334, 07/29/2021).</B> The BCRA states that as of September 1, 2021, the deduction of average reserve requirements in pesos related to
financings within the &ldquo;Ahora 12&rdquo; Program, cannot exceed 8% of all concepts in pesos subject to reserve requirement, in average,
from the month prior to calculation (previously 6%).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Zero rate financing 2021. (Communication &ldquo;A&rdquo;
7342, 08/13/2021). </B>The BCRA states that financial institutions must grant &ldquo;Zero rate credits 2021&rdquo; financing in pesos,
in the frame of the Decree No 512/21, under the same conditions as the &ldquo;Zero rate credits&rdquo; specified in the &ldquo;Financial
services within the sanitary emergency disposed by Decree No 260/2020 Coronavirus (COVID-19)&rdquo; regulation, with the following characteristics:</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">Financing must be granted in one unique installment.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">Fee charges are banned on these credits, even if they are classified
as non-performing.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">Clients granted these financings will pay an interest rate and
total financial cost of 0%.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">Financing will get a grace period of 6 months since accreditation.
As of month 7, it will be repaid in at least 12 monthly equal consecutive installments.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">Refinancing of &ldquo;Zero rate credits&rdquo; specified in
Decree No 332/2020 through &ldquo;Zero rate credits 2021&rdquo; lines must absorb the amounts due and will not be considered as refinancing
in accordance to regulation regarding debtor classification.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVABentonSans">Financial institutions will not be able to deduct from these
financings any kind of charge or fee against the client. The interest rate that the FONDEP will recognize to financial institution will
be 15% nominal annual over the balances of granted credits.<BR STYLE="clear: both">
</FONT></TD></TR></TABLE>


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<P STYLE="font: bold 18pt/107% BBVABentonSans; color: #072146; margin: 0.25in 2.55pt 12pt 0; text-align: center">Glossary</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Active clients: </B>holders of at least one active
product. An active product is in most cases a product with at least &ldquo;one movement&rdquo; in the last 3 months, or a minimum balance.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Cost of Risk (accumulated): </B>Year to date accumulated
loan loss allowances / Average total loans.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Average total loans: </B>average between previous
year-end Total loans and other financing and current period Total loans and other financing.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Cost of Risk (quarterly): </B>Current period Loan
loss allowances / Average total loans. Average total loans: average between previous quarter-end Total loans and other financing and current
period Total loans and other financing.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Coverage ratio: </B>Quarterly allowances under the
Expected Credit Loss model / total non-performing portfolio.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Digital clients: </B>we consider a customer to be
an active user of online banking when they have been logged at least once within the last three months using the internet or a cell phone
and SMS banking.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Efficiency ratio (Excl. inflation adjustments, accumulated):
</B>Accumulated (Personnel benefits+ Administrative expenses + Depreciation &amp; Amortization) / Accumulated (Net Interest Income + Net
Fee Income + Net Income from measurement of Financial Instruments at Fair Value through P&amp;L + Net income from write-down of assets
at amortized cost and at fair value through OCI + Foreign exchange and gold gains + some concepts included in Other net operating income).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Efficiency ratio (Excl. inflation adjustments, quarterly):
</B>(Personnel benefits+ Administrative expenses + Depreciation &amp; Amortization) / (Net Interest Income + Net Fee Income + Net Income
from measurement of Financial Instruments at Fair Value through P&amp;L + Net income from write-down of assets at amortized cost and at
fair value through OCI + Foreign exchange and gold gains + some concepts included in Other net operating income).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Efficiency ratio (accumulated): </B>Accumulated
(Personnel benefits+ Administrative expenses + Depreciation &amp; Amortization) / Accumulated (Net Interest Income + Net Fee Income +
Net Income from measurement of Financial Instruments at Fair Value through P&amp;L + Net income from write-down of assets at amortized
cost and at fair value through OCI + Foreign exchange and gold gains + some concepts included in Other net operating income+ Income from
net monetary position).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Efficiency ratio (quarterly): </B>(Personnel benefits+
Administrative expenses + Depreciation &amp; Amortization) / (Net Interest Income + Net Fee Income + Net Income from measurement of Financial
Instruments at Fair Value through P&amp;L + Net income from write-down of assets at amortized cost and at fair value through OCI + Foreign
exchange and gold gains + some concepts included in Other net operating income+ Income from net monetary position).</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Liquidity Ratio: </B>(Cash and deposits in banks
+ Debt securities at fair value through P&amp;L (Excl. Private securities) + Net REPO transactions + Other debt securities (Excl. Private
securities) / Total Deposits.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Mobile clients: </B>customers who have been active
in online banking at least once in the last three months using a mobile device.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Net Interest Margin (NIM) &ndash; (quarterly): </B>Quarterly
Net Interest Income / Average quarterly interest earning assets.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Public Sector Exposure (excl. BCRA):</B> (National
and Provincial Government public debt + Loans to the public sector + REPO transactions) / Total Assets.</P>


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<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>ROA (accumulated): </B>Accumulated net Income of
the period attributable to owners of the parent / Total Average Assets. Total Average Assets is calculated as the average between total
assets on December of the previous year and total assets in the current period, expressed in local currency. Calculated over a 365-day
year.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>ROA (quarterly): </B>Net Income of the period attributable
to owners of the parent / Total Average Assets. Total Average Assets is calculated as the average between total assets on the previous
quarter-end and total assets in the current period, expressed in local currency. Calculated over a 365-day year.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>ROE (accumulated): </B>Accumulated net Income of
the period attributable to owners of the parent / Average Equity. Average Equity is calculated as the average between equity in December
of the previous year and equity in the current period, expressed in local currency. Calculated over a 365-day year.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>ROE (quarterly): </B>Net Income of the period attributable
to owners of the parent / Average Equity. Average Equity is calculated as the average between equity on the previous quarter end and equity
in the current period, expressed in local currency. Calculated over a 365-day year.</P>

<P STYLE="font: bold 10pt/107% BBVABentonSans; margin: 6pt 2.55pt 12pt 0; text-align: left">Spread: <FONT STYLE="font-weight: normal">(Quarterly
Interest Income / Quarterly average Interest-earning Assets) &ndash; (Quarterly Interest Expenses / Quarterly average interest-bearing
liabilities).</FONT></P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B><U>Other terms</U></B></P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>n.m.: </B>not meaningful. Implies an increase above
500% and a decrease below -500%.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>N/A:</B> not applicable.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify"><B>Bps:</B> basis points.</P>




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<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 0.25in 2.55pt 12pt 0; text-align: left"><FONT STYLE="font-weight: normal">Balance
Sheet</FONT></P>
<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Balance Sheet</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 48%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 12%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 9%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 9%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Assets</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; border-left: lightgrey 1pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Cash and deposits in banks</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;198,330</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;217,174</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;169,013</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(8.7%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;17.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Cash</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">59,218</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">73,159</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;75,804</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(19.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(21.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;Financial institutions and correspondents</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;139,112</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;144,015</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;93,209</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(3.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;49.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 36px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other local and foreign financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;135,200</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;139,461</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;86,988</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(3.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;55.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 36px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Debt securities at fair value through profit or loss</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;3,912</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;4,554</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;6,221</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(14.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(37.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Derivatives</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;4,523</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,405</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">14,653</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(16.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(69.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Repo transactions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,636</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,747</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;1,587</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(4.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;66.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;105,265</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,807</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">51,469</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;211.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;104.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Loans and other financing</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">15,249</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">15,332</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;9,579</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(0.5%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;59.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial public sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;306,927</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;315,829</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;365,325</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(2.8%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(16.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">B.C.R.A</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(100.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;N/A&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;2,368</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,204</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;5,282</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;7.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(55.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;304,559</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;313,624</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">360,043</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(2.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(15.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other debt securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;153,769</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;149,863</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;122,415</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;2.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;25.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Financial assets pledged as collateral</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">16,679</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">18,468</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">16,145</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(9.7%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;3.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Current income tax assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;4,831</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,510</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">14</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;219.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Investments in equity instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,127</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,528</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;2,711</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(15.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(21.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Investments in subsidiaries and associates</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,052</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,758</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;1,846</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;16.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;11.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Property and equipment</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">41,226</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">41,764</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">42,462</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(1.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(2.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Intangible assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,373</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,116</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;1,603</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;12.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;48.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deferred income tax assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;651</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,644</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;4,519</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(86.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(85.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other non-financial assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;7,471</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;9,986</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;7,168</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(25.2%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;4.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-current assets held for sale</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;283</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;283</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;283</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total Assets</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;864,392</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;823,214</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;810,792</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #002060 0.5pt solid; text-align: right">&nbsp;&nbsp;5.0%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6.6%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Liabilities</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;609,118</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;563,440</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;560,637</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;8.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;8.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial public sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;7,121</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;7,303</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;8,206</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(2.5%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(13.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Financial sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;436</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;199</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;450</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">119.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(3.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;601,561</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;555,938</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">551,981</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;8.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;9.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Derivatives</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;142</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;443</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;345</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(67.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(58.8%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">46,893</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">49,832</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">42,230</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(5.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;11.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Financing received from the B.C.R.A. and other financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;9,715</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">10,843</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;7,877</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(10.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;23.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Corporate bonds issued</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;871</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,134</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;6,313</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(23.2%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(86.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Current income tax liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">82</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,762</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;4,863</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(95.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(98.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Provisions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;6,337</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11,612</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">16,522</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(45.4%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(61.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deferred income tax liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;3,430</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">81</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;n.m&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;n.m&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other non-financial liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">54,903</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">51,028</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">32,797</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;7.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;67.4%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total Liabilities</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;731,491</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;690,175</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;671,591</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #002060 0.5pt solid; text-align: right">&nbsp;&nbsp;6.0%</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8.9%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Equity</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Share Capital</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;613</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;613</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;613</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-capitalized contributions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">33,069</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,069</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">33,069</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Capital adjustments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">23,516</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,516</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">23,516</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Reserves</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">63,848</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;108,195</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;123,837</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(41.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(48.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Retained earnings</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(1,256)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(38,141)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(51,980)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;96.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;97.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Other accumulated comprehensive income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(82)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;(185)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(1,050)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;55.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;92.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Income for the period</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">10,558</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;3,338</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;8,384</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;216.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;25.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Equity attributable to owners of the Parent</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;130,266</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;130,405</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">136,389</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(0.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(4.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Equity attributable to non-controlling interests</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;2,635</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,634</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;2,812</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;0.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(6.3%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total Equity</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;132,901</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">133,039</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">139,201</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #002060 0.5pt solid; text-align: right">&nbsp;(0.1%)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4.5%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total Liabilities and Equity</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;864,392</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">823,214</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">810,792</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: #002060 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;&nbsp;5.0%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6.6%</TD></TR>
  </TABLE>




<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 0.25in 2.55pt 12pt 0; text-align: left"><FONT STYLE="font-weight: normal">Balance
Sheet &ndash; 5 quarters</FONT></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid">Balance Sheet</TD>
    <TD COLSPAN="5" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; text-align: center">BBVA ARG Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">4Q20</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">3Q20</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">2Q20</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Assets</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Cash and deposits in banks</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;198,330</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;217,174</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;190,629</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;185,810</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;169,013</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Cash</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">59,218</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">73,159</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">77,993</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">54,911</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">75,804</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;Financial institutions and correspondents</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;139,112</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;144,015</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;112,636</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;130,899</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">93,209</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 36px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">B.C.R.A</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;135,200</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;139,461</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;108,010</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;125,036</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">86,988</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 36px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other local and foreign financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;3,912</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;4,554</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;4,626</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;5,863</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;6,221</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Debt securities at fair value through profit or loss</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;4,523</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,405</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,182</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,424</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">14,653</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Derivatives</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,636</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,747</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,860</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,969</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,587</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Repo transactions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;105,265</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,807</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">61,644</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">26,507</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">51,469</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">15,249</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">15,332</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12,588</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">17,339</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,579</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Loans and other financing</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;306,927</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;315,829</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;350,306</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;350,084</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;365,325</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial public sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">B.C.R.A</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;2,368</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,204</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,200</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;4,113</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;5,282</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;304,559</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;313,624</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;348,097</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;345,970</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;360,043</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other debt securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;153,769</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;149,863</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;151,146</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;147,633</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;122,415</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Financial assets pledged as collateral</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">16,679</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">18,468</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">22,449</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">20,285</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">16,145</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Current income tax assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;4,831</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,510</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;7</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">14</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Investments in equity instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,127</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,528</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,198</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,461</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,711</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Investments in subsidiaries and associates</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,052</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,758</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,807</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,872</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,846</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Property and equipment</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">41,226</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">41,764</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">42,320</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">42,055</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">42,462</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Intangible assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,373</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,116</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,947</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,807</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,603</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deferred income tax assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;651</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,644</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;6,646</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,764</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,519</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other non-financial assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;7,471</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;9,986</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11,185</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,432</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7,168</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-current assets held for sale</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;283</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;283</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;283</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;283</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;283</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total Assets</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;864,392</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;823,214</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;862,191</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;819,732</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;810,792</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Liabilities</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;609,118</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;563,440</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;599,330</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;557,531</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;560,637</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial public sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;7,121</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;7,303</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;7,054</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;8,272</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;8,206</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Financial sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;436</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;199</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1,080</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;767</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;450</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;601,561</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;555,938</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;591,196</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;548,492</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;551,981</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Derivatives</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;142</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;443</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;236</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">50</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;345</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">46,893</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">49,832</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">49,161</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">53,896</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">42,230</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Financing received from the B.C.R.A. and other financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;9,715</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">10,843</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12,064</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,684</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7,877</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Corporate bonds issued</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;871</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,134</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,465</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,722</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,313</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Current income tax liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">82</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,762</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,665</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,015</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,863</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Provisions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;6,337</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11,612</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">14,381</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">14,623</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">16,522</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deferred income tax liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;3,430</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">81</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">49</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">26</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other non-financial liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">54,903</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">51,028</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">50,809</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,537</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">32,797</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total Liabilities</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;731,491</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;690,175</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;732,160</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;674,084</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;671,591</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Equity</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Share Capital</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;613</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;613</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;613</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;613</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;613</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Non-capitalized contributions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">33,069</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,069</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,069</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33,069</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">33,069</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Capital adjustments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">23,516</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,516</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,516</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,516</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">23,516</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Reserves</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">63,848</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;108,195</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;108,195</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;123,837</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;123,837</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Retained earnings</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(1,256)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(38,141)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(51,979)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(51,980)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(51,980)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other accumulated comprehensive income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(82)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(185)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">98</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;432</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,050)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income for the period</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">10,558</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,338</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">13,839</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">13,351</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8,384</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Equity attributable to owners of the Parent</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;130,266</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;130,405</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;127,351</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;142,838</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;136,389</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Equity attributable to non-controlling interests</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;2,635</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,634</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,680</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,810</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;2,812</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total Equity</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right">&nbsp;132,901</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">133,039</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">130,031</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">145,648</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">139,201</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total Liabilities and Equity</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;864,392</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">823,214</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">862,191</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">819,732</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">810,792</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 30.8pt 0 0; text-align: center"><FONT STYLE="font: 14pt BBVABentonSans; color: #072146"><BR STYLE="clear: both">
</FONT></P>


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<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 12pt 2.55pt 12pt 0">Balance Sheet &ndash; In Foreign Currency Exposure</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left">Foreign Currency Exposure</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; border-left: lightgrey 1pt solid; text-align: left; border-top-color: #043263; border-top-width: 1pt">Assets</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Cash and deposits in banks</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;127,224</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;140,726</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;130,755</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(9.6%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Debt securities at fair value through profit or loss</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(6.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;N/A&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,511</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,720</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,804</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(7.7%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(10.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Loans and other financing</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">38,141</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">32,188</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">49,346</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;18.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(22.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;313</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;327</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;1,770</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(4.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(82.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">37,827</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">31,861</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">47,576</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">18.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(20.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other debt securities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;144</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">-</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,299</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;N/A&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(97.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Financial assets pledged as collateral</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;4,943</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,492</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">10,022</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(10.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(50.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Investments in equity instruments</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">31</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">33</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">27</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(4.8%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;14.6%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total foreign currency assets</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;172,994</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;181,159</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;199,253</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;(4.5%)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(13.2%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Liabilities</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; color: blue; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;163,306</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;162,838</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;174,213</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;0.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(6.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;Non-Financial Public Sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;3,730</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;2,494</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;3,479</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">49.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;Financial Sector</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">58</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">60</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">72</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(4.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(19.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 18px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;Non-financial private sector and residents abroad</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;159,518</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;160,284</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;170,662</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(0.5%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-style: italic; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(6.5%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other financial liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">11,093</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">14,027</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">11,795</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(20.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5.9%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Financing received from the&nbsp;&nbsp;B.C.R.A. and other financial institutions</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;3,489</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,729</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;817</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;27.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;327.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other non financial liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,178</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,758</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,337</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(33.0%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(11.9%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total foreign currency liabilities</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;179,066</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;181,352</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;188,162</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(1.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(4.8%)</TD></TR>
  <TR>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border: lightgrey 0.5pt solid; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid">Foreign Currency Net Position - AR$</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(6,072)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(192)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">11,091</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right">&nbsp;n.m&nbsp;</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(154.7%)</TD></TR>
  <TR>
    <TD STYLE="border-bottom: lightgrey 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border: lightgrey 0.5pt solid; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: lightgrey 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 1pt">Foreign Currency Net Position - USD</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(63)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;157</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt">&nbsp;n.m&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(140.3%)</TD></TR>
  </TABLE>

<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 12pt 2.55pt 12pt 0; text-align: left"><FONT STYLE="font-weight: normal">Income
Statement</FONT></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left">Income Statement</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 50%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="border-top: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Interest income</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">43,669</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">40,726</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">33,557</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">7.2%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;30.1%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Interest expense</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(19,363)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(16,818)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(9,711)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(15.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(99.4%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net interest income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">24,306</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,908</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">23,846</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">1.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">1.9%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Fee income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,537</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8,519</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,169</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;11.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">4.0%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; font-style: italic; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Fee expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4,108)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4,797)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4,500)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;14.4%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">8.7%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net fee income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,429</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,722</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,669</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;45.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;16.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net income from financial instruments at fair value through P&amp;L</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,252</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,776</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,913</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(29.5%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(34.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Net loss from write-down of assets at amortized cost and fair value through OCI</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(16)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(37)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(309)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;56.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;94.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Foreign exchange and gold gains</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,181</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;994</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,245</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;18.8%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(47.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,812</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,716</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,715</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;5.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Loan loss allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(2,126)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2,123)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(3,974)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(0.1%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;46.5%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Net operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">31,838</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">29,956</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">30,105</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">6.3%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">5.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Personnel benefits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(6,359)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(6,479)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5,956)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;1.9%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(6.8%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Administrative expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(5,878)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5,916)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5,755)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;0.6%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Depreciation and amortization</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(1,189)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,186)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,266)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(0.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(5,563)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(5,157)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4,253)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(7.9%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(30.8%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Operating expenses</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(18,989)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(18,738)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(17,230)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;(1.3%)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(10.2%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12,849</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11,218</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">12,875</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;14.5%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(0.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Income from associates and joint ventures</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;174</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(33)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;284</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;n.m&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(38.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Income from net monetary position</TD>
    <TD STYLE="border-top: #D9D9D9 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(8,734)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(8,377)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(3,750)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(4.3%)</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(132.9%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Income before income tax</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,289</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,808</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;9,409</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;52.7%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(54.4%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income tax</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2,931</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;485</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(3,091)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;n.m&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;194.8%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Income for the period</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7,220</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,293</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,318</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;119.3%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;14.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Owners of the parent</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;7,219</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;3,339</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;6,246</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;116.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;15.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Non-controlling interests</TD>
    <TD STYLE="border-top: #D9D9D9 0.5pt solid; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(46)</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">72</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;102.2%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(98.6%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #E7E6E6; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: #E7E6E6; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: #E7E6E6; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: #E7E6E6; font-weight: bold; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid">Other comprehensive Income (1)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">75</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(255)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: #757171 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,898</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;&nbsp;129.4%</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">(96.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Total comprehensive income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;7,295</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,038</TD>
    <TD STYLE="border-right: #757171 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8,216</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;140.1%</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">(11.2%)</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>




<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 12pt 2.55pt 12pt 0">Income Statement &ndash; 6 month accumulated</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left">Income Statement - 6 month accumulated</TD>
    <TD COLSPAN="3" DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; text-align: center">BBVA ARG Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 62%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-left: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 13%">2021</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 13%">2020</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; border-left-color: #043263; border-left-width: 1pt; width: 12%">Var %</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: #043263; border-top-width: 1pt">Interest income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">84,395</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">72,512</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; background-color: white">16.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Interest expense</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(36,181)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(22,644)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(59.8%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net interest income</TD>
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">48,214</TD>
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">49,868</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(3.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Fee income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">18,056</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">17,717</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;1.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Fee expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(8,905)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(10,079)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">11.6%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net fee income</TD>
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;9,151</TD>
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;7,638</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">19.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Net income from financial instruments at fair value through P&amp;L</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,028</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,479</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(13.0%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net loss from write-down of assets at amortized cost and fair value through OCI</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(53)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1,469)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">96.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Foreign exchange and gold gains</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;2,175</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;4,203</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(48.3%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,528</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,359</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;5.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Loan loss allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(4,249)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(6,544)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">35.1%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Net operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">61,794</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">60,534</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;2.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Personnel benefits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(12,838)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(12,982)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;1.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Administrative expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(11,794)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(11,437)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">(3.1%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Depreciation and amortization</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2,375)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(2,568)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;7.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(10,720)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(9,178)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(16.8%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Operating expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(37,727)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(36,165)</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">&nbsp;(4.3%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">24,067</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">24,369</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;(1.2%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from associates and joint ventures</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;141</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;328</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(57.0%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from net monetary position</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(17,111)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(9,680)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;&nbsp;(76.8%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Income before income tax</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;7,097</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">15,016</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(52.7%)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income tax</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,416</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(6,517)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;152.4%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Income for the period</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">10,513</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,500</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">23.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Owners of the parent</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">10,558</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;8,384</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">25.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD DIR="LTR" STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-controlling interests</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;(45)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;116</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">(138.8%)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD DIR="LTR" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD DIR="LTR" STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid">Other comprehensive Income (1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(180)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;5,112</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right">(103.5%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD DIR="LTR" STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total comprehensive income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">10,333</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">13,611</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(24.1%)</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 30.8pt 0 0"></P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 12pt 2.55pt 12pt 0">Income Statement &ndash; 5 quarters</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left">Income Statement</TD>
    <TD COLSPAN="5" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; text-align: center">BBVA ARG Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-bottom: #043263 1pt solid; color: white; border-left: #043263 1pt solid; text-align: left; width: 45%">In millions of AR$ - Inflation adjusted</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">4Q20</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 11%">3Q20</TD>
    <TD STYLE="border-right: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 11%">2Q20</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: #043263; border-top-width: 1pt">Interest income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">43,669</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">40,726</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">40,133</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">36,435</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">33,557</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Interest expense</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(19,363)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(16,818)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(15,660)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(13,202)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(9,711)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net interest income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">24,306</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,908</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">24,473</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,233</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">23,846</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Fee income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;9,537</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,519</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;9,438</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;8,747</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;9,169</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Fee expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(4,108)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(4,797)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(5,928)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(4,555)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(4,500)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Net fee income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,429</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,722</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,510</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,192</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,669</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Net income from financial instruments at fair value through P&amp;L</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,252</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,776</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;5,206</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,236</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,913</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Net loss from write-down of assets at amortized cost and fair value through OCI</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;(16)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(37)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(183)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(1,242)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(309)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Foreign exchange and gold gains</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,181</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;994</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,345</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,257</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,245</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;1,812</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,716</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,415</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,093</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1,715</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Loan loss allowances</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(2,126)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(2,123)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(4,607)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(1,294)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(3,974)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Net operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">31,838</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">29,956</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">32,159</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">30,475</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">30,105</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Personnel benefits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(6,359)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(6,479)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(6,088)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(6,394)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(5,956)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Administrative expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(5,878)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(5,916)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(6,066)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(6,083)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(5,755)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Depreciation and amortization</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(1,189)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(1,186)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(1,359)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(1,169)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(1,266)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Other operating expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(5,563)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(5,157)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(7,626)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(3,776)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(4,253)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Operating expenses</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(18,989)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(18,738)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(21,139)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(17,422)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(17,230)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Operating income</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12,849</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11,218</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">11,020</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">13,053</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">12,875</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from associates and joint ventures</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;174</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(33)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">30</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;(15)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;284</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income from net monetary position</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;(8,734)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(8,377)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(8,563)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(6,441)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(3,750)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Income before income tax</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,289</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,808</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2,487</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;6,597</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;9,409</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Income tax</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #EDEDED">&nbsp;&nbsp;2,931</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;485</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(2,129)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(1,631)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;(3,091)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Income for the period</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;7,220</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,293</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;358</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,966</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;6,318</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Owners of the parent</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #EDEDED">&nbsp;&nbsp;7,219</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;3,339</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;488</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;4,967</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;6,246</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; padding-left: 9px; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Non-controlling interests</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #EDEDED">&nbsp;&nbsp;1</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(46)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(130)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(1)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">72</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D0CECE">
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid">Other comprehensive Income (1)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">75</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(255)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;(334)</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,482</TD>
    <TD STYLE="border-top: lightgrey 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;1,898</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Total comprehensive income</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;7,295</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;3,038</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">24</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;6,448</TD>
    <TD STYLE="border-top: lightgrey 0.5pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;8,216</TD></TR>
  </TABLE>

<P STYLE="font: 18pt/107% BBVABentonSans; color: #072146; margin: 12pt 2.55pt 12pt 0">Ratios</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left">Quarterly Annualized Ratios</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-left: #043263 1pt solid; color: white; text-align: left; width: 50%">In %</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: #043263 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Profitability</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Efficiency Ratio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">67.9%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">72.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">54.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(459)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">1,383 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Efficiency Ratio (excl. Inflation adjustments)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">47.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">50.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">47.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(299)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">(31)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">ROA</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">3.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">1.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">3.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;182 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;17 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">ROE</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">22.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">10.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">19.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">1,171 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;262 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Liquidity</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Liquid assets / Total Deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">75.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">72.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">63.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;370 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">1,200 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Capital</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Regulatory Capital Ratio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">23.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">22.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">21.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;91 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;185 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">TIER I Capital Ratio (Ordinary Capital Level 1/ RWA)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">22.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">21.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">20.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;91 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;187 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Asset Quality</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Total non-performing portfolio / Total portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">2.49%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">1.72%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">1.56%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;77 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;94 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Allowances&nbsp;&nbsp;/Total non-performing portfolio&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">187.88%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">275.22%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">269.38%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(8,734)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(8,149)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Cost of Risk</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">2.61%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">2.47%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">4.27%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;14 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(166)bps</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 30.8pt 0 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt BBVABentonSansLight; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-left: #043263 1pt solid; text-align: left">Accumulated Annualized Ratios</TD>
    <TD COLSPAN="3" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: center">BBVA ARG Consolidated</TD>
    <TD COLSPAN="2" STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-left: #043263 1pt solid; text-align: center">Chg (%)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #043263">
    <TD DIR="LTR" STYLE="border-left: #043263 1pt solid; color: white; text-align: left; width: 50%">In %&nbsp;</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">1Q21</TD>
    <TD STYLE="border-bottom: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; text-align: right; width: 10%">2Q20</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-bottom: #043263 1pt solid; text-align: right; width: 10%">QoQ</TD>
    <TD STYLE="border-top: #043263 1pt solid; color: white; font-size: 11pt; font-weight: bold; border-right: #043263 1pt solid; border-bottom: #043263 1pt solid; text-align: right; width: 10%">YoY</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-top: #043263 1pt solid; font-weight: bold; border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left">Profitability</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 0.5pt solid; text-align: right; border-top-color: #043263; border-top-width: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Efficiency Ratio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;70.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;72.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">56.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(236)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">1,417 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Efficiency Ratio (excl. Inflation adjustments)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;48.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">&nbsp;50.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: white">47.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;(153)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;&nbsp;116 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">ROA</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;&nbsp;2.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;1.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;&nbsp;2.2%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;86 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;29 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">ROE</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;16.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;10.5%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">13.1%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;602 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;345 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Liquidity</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Liquid assets / Total Deposits</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;75.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;72.0%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">63.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;370 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">1,200 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Capital</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Regulatory Capital Ratio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;23.3%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;22.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">21.4%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;91 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;185 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">TIER I Capital Ratio (Ordinary Capital Level 1/ RWA)</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;22.6%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;21.7%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">20.8%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;91 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;187 bps</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D4EDFC">
    <TD STYLE="border-right: lightgrey 0.5pt solid; font-weight: bold; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; text-align: left; border-top-color: lightgrey; border-top-width: 0.5pt">Asset Quality</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Total non-performing portfolio / Total portfolio</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;2.49%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">&nbsp;1.72%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">1.56%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;77 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;94 bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt">Allowances&nbsp;&nbsp;/Total non-performing portfolio&nbsp;</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt; background-color: #F2F2F2">187.88%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">275.22%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-left-color: lightgrey; border-top-width: 0.5pt; border-left-width: 0.5pt">269.38%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 0.5pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt">&nbsp;&nbsp;(8,734)bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt">&nbsp;&nbsp;(8,149)bps</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: lightgrey 1pt solid; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">Cost of Risk</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: #F2F2F2">&nbsp;2.62%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;2.47%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">3.54%</TD>
    <TD STYLE="border-right: lightgrey 0.5pt solid; border-bottom: lightgrey 1pt solid; border-left: #043263 0.5pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; background-color: white">&nbsp;14 bps</TD>
    <TD STYLE="border-right: lightgrey 1pt solid; border-bottom: lightgrey 1pt solid; text-align: right; border-top-color: lightgrey; border-top-width: 0.5pt; border-left-color: lightgrey; border-left-width: 0.5pt; background-color: white">&nbsp;(166)bps</TD></TR>
  </TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 30.8pt 0 0; text-align: center; color: blue"><B>&nbsp;</B></P>

<P STYLE="font: 18pt BBVABentonSans; margin: 24pt 2.25pt 12pt 0; text-align: justify; color: #072146">About BBVA Argentina</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify; color: #121212">BBVA Argentina (NYSE; BYMA; MAE: BBAR;
LATIBEX: XBBAR) is a subsidiary of the BBVA Group, the main shareholder since 1996. In Argentina, it is one of the leading private financial
institutions since 1886. Nationwide, BBVA Argentina offers retail and corporate banking to a broad customer base, including: individuals,
SME&rsquo;s, and large-sized companies.</P>

<P STYLE="font: 10pt/107% BBVABentonSans; margin: 6pt 0 12pt; text-align: justify; color: #121212">BBVA Argentina&rsquo;s purpose is to
bring the age of opportunities to everyone, based on our customers&rsquo; real needs, providing the best solutions, and helping them make
the best financial decisions through an easy and convenient experience. The institution relies on solid values: &ldquo;The customer comes
first, We think big and We are one team&rdquo;. At the same time, its responsible banking model aspires to achieve a more inclusive and
sustainable society.</P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVABentonSansLight; color: #072146; margin: 0 0 6pt"><B>Investor Relations Contact</B></P>

<P STYLE="font: 10pt BBVABentonSansLight; color: #072146; margin: 0"><B>Ernesto Gallardo</B></P>

<P STYLE="font: 10pt BBVABentonSansLight; color: #072146; margin: 0">Chief Financial Officer</P>

<P STYLE="font: 10pt BBVABentonSansLight; color: #072146; margin: 0"><B>In&eacute;s Lanusse</B></P>

<P STYLE="font: 10pt BBVABentonSansLight; color: #072146; margin: 0">Investor Relations Officer</P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0"><FONT STYLE="font-weight: normal">investorelations-arg@bbva.com</FONT></P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0 2.25pt 0 0; text-align: justify">ir.bbva.com.ar</P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0 2.25pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVABentonSans; margin: 0 2.25pt 0 0; text-align: justify">&#8239;</P>

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<P STYLE="font: 10pt BBVABentonSans; margin: 0 2.25pt 0 0; text-align: justify">&nbsp;</P>



<P STYLE="font: 10pt BBVABentonSans; margin: 0 2.25pt 0 0; text-align: justify">&nbsp;</P>







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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-bottom: 20pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 20pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-bottom: 20pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt"><B>Banco BBVA Argentina S.A.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">Date:</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">August 24, 2021</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">/s/ </FONT><FONT STYLE="font-size: 11pt">Ernesto Gallardo Jimenez</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 27%; padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 5.75pt"><FONT STYLE="font-size: 12pt">Name:</FONT></TD>
    <TD STYLE="width: 41%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 11pt">Ernesto Gallardo Jimenez</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt"><FONT STYLE="font-size: 12pt">Title:</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 11pt">Chief Financial Officer</FONT></TD></TR>
  </TABLE>
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