XML 43 R23.htm IDEA: XBRL DOCUMENT v3.22.1
Investment in Joint Ventures and Associates
12 Months Ended
Dec. 31, 2021
Investment in Joint Ventures and Associates [Abstract]  
Disclosure of Investment in Joint Ventures and Associates
16. Investment in joint ventures and associates
 
 
 
 
 
 
 
 
 
 
    
December 31,
2021
    
December 31,
2020
 
Rombo Cía. Financiera S.A.
     776,230        1,142,853  
BBVA Consolidar Seguros S.A.
     680,317        672,261  
Interbanking S.A.
     319,835        249,690  
Play Digital S.A.
(1)
     114,050        112,296  
Openpay Argentina S.A.
     146,685        —    
    
 
 
    
 
 
 
TOTAL
  
 
2,037,117
 
  
 
2,177,100
 
    
 
 
    
 
 
 
 
(1)
On January 20, 2022, an irrevocable capital contribution on account of future subscription of shares was made to Play Digital S.A., amounting to 141,362. Such contribution was made in order to have working capital for the performance of activities. The Bank’s ownership interest as of the date of the contribution is 10.832% of the company.
The following table summarises the information related to the Bank’s material joint venture:
 
 
 
 
 
 
 
 
 
 
     Rombo Compañía Financiera
S.A.
 
     December 31,
2021
    December 31,
2020
 
Total Assets
     14,085,807       14,119,790  
Total Liabilities
     12,145,233       11,262,657  
Losses
     916,558       521,615  
Equity
     1,940,574       2,857,133  
Ownership interest
     40     40