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Related Parties

12 Months Ended

Dec. 31, 2021

Disclosure Of Related Parties [Abstract]

Related Parties

43. Related parties

a) Parent

The Bank’s direct controlling entity is Banco Bilbao Vizcaya Argentaria, S.A.

b) Key Management personnel

Key management personnel are those having the authority and responsibility for planning, managing and controlling the Bank’s activities, whether directly or indirectly.

Based on that definition, the Bank considers the members of the Board of Directors as key management personnel.

b.1) Remuneration of key management personnel

The key personnel of the Board of Directors received the following compensations for the years ended December 31, 2021, 2020 and 2019:


	December 31, 2021		December 31, 2020		December 31, 2019
Fees		54,335		76,589		30,700
Total		54,335		76,589		30,700

b.2) Balances and results arising from transactions with key management personnel


	Balances as of				Results
	December 31, 2021		December 31, 2020		December 31, 2021		December 31, 2020		December 31, 2019
Loans
Credit cards		3,559		7,509		1,080		1,707		2,240
Overdrafts		—		45		—		—		—
Mortgage loans		1,105		1,796		235		385		571
Deposits		12,896		49,317		354		1,623		2,457

Loans are granted on an arm’s length basis. All loans to related parties were classified in Stage 1.

b.3) Balances and results arising from transactions with related parties (except key management personnel)


	Balances as of				Results
Parent	December 31, 2021		December 31, 2020		December 31, 2021		December 31, 2020		December 31, 2019
Cash and other demand deposits		626,770		1,763,407		—		—		—
Other financial assets		525,435		3,217		—		—		—
Other liabilities		21,186,026		10,659,186		4,023,784		1,089,611		600,951
Derivatives (Liabilities)		—		17,536		598,086		582,408		14,444

Off-balance sheet transaction

Securities in custody (b)		90,837,919		95,135,597		—		—		—
Derivative instruments (Notional amount)		—		1,396,210		—		—		—
Guarantees granted (c)		1,359,509		4,010,096		7,789		8,990		4,912
Guarantees received		1,420,998		5,622,988		—		—		—


	Balances as of				Results
Associates/ Joint Ventures	December 31, 2021		December 31, 2020		December 31, 2021		December 31, 2020		December 31, 2019
Cash and other demand deposits		652		1,410		—		—		—
Loans and advances		8,959,394		6,682,490		4,001,137		4,631,818		6,146,518
Debt securities at fair value through profit or loss		780		7,832		1,739		116,077		108,239
Other financial assets		203,918		110,938		—		—		504
Deposits		1,049,500		1,388,493		141,859		12,780		242,927
Other liabilities		455		35		4,107		2,053		8,890
Financing received		—		1,338,954		—		19,047		68,943
Derivatives (Liabilities)		—		—		—		86,708		961,434
Debt securities issued		—		—		—		37,059		105,398
Other operating income (a)		—		—		70,727		75,484		106,255

Off-balance sheet transaction

Securities in custody (b)		3,942,537		4,510,133		—		2,718		3,802
Guarantees received		1,013,348		21,440		—		—		—
Guarantees granted (c)		821		1,092		—		207		1,179

(a)	Operating leases.

(b)	These balances represent the shares in custody of Banco BBVA Argentina SA held by BBVA and BBV América.

(c)	These balances represent commercial guarantees granted.

Transactions have been agreed upon on an arm’s length basis. All loans to related parties were classified in Stage 1.