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Investment in Joint Ventures and Associates

12 Months Ended

Dec. 31, 2022

Investment in Joint Ventures and Associates [Abstract]

Disclosure of Investment in Joint Ventures and Associates

12. Investment in joint ventures and associates

		December 31, 2022				December 31, 2021
BBVA Consolidar Seguros S.A.			1,197,152				1,325,212
Interbanking S.A.			823,993				623,016
Rombo Cía. Financiera S.A.			744,208				1,512,044
Play Digital S.A. (1)			486,571				222,162
Openpay Argentina S.A.			215,501				285,733
TOTAL			3,467,425				3,968,167

(1) To establish the value of this investment, accounting information from Play Digital S.A. has been used. as of September 30, 2022. Additionally, significant transactions carried out or events that occurred between October 1, 2022 and December 31, 2022 have been considered. See Note 45 - Subsequent events.

The following table summarises the information related to the Bank’s material joint venture:

		Rombo Compañía Financiera S.A.
		December 31, 2022				December 31, 2021
Total assets			23,038,410				27,438,190
Total liabilities			21,177,890				23,658,081
Equity			1,860,520				3,780,109
Losses			(1,919,588	)			(1,785,392	)
Ownership interest			40	%			40	%

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Investment in Joint Ventures and Associates Abstract.

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The disclosure of associates. [Refer: Associates [member]]

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