Exhibit 8.1
Subsidiaries of the Company
| Subsidiary |
Jurisdiction of Incorporation |
Principal Activity | ||
| PSA Finance Argentina Cía. Fiananciera S.A. | Republic of Argentina | Financial institution | ||
| BBVA Asset Management Argentina S.A.U. | Republic of Argentina | Investment fund manager | ||
| Consolidar AFJP S.A. (undergoing liquidation proceedings) | Republic of Argentina | Pension fund manager | ||
| Volkswagen Financial Services S.A. | Republic of Argentina | Financial institution |