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Related Parties
12 Months Ended
Dec. 31, 2022
Disclosure Of Related Parties [Abstract]  
Related Parties
38. 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, 2022, 2021 and 2020:
 
    
December 31,
2022
    
December 31,
2021
    
December 31,
2020
 
Fees
     90,436        105,841        149,190  
Total
  
 
90,436
 
  
 
105,841
 
  
 
149,190
 
 
  b.2)
Balances and results arising from transactions with key management personnel
 
    
Balances as of
    
Results
 
    
December 31,
2022
    
December 31,
2021
    
December 31,
2022
    
December 31,
2021
    
December 31,
2020
 
Loans
                                            
Credit cards
     21,011        6,934        4,476        2,104        3,325  
Overdrafts
     2        —          16        —          —    
Mortgage loans
     1,056        2,153        16,521        458        750  
Deposits
     38,482        25,121        369        689        3,161  
Loans are granted on an arm’s length basis. All loans to key management personnel were classified as performing.
 
  b.3)
Balances and results arising from transactions with related parties (except key management personnel)
 
    
Balances as of
    
Results
 
Parent
  
December 31,
2022
    
December 31,
2021
    
December 31,
2022
    
December 31,
2021
    
December 31,
2020
 
Cash and other demand deposits
     686,084        1,220,905        —          —          —    
Financial assets pledged as collateral
     56,681        —          —          —          —    
Other financial assets
     526,899        1,023,511        —          —          —    
Other liabilities
     26,274,291        41,268,916        13,187,626        7,838,054        2,122,487  
Derivatives (Liabilities)
     11,079        —          22,175        1,165,030        1,134,491  
Off-balance
sheet transaction
                                            
           
Securities in custody
(b)
     184,347,603        176,945,998        —          —          —    
Derivative instruments (Notional amount)
     1,932,874        —          —          —          —    
Guarantees granted
(c)
     2,308,001        2,648,230        9,752        15,172        17,512  
Guarantees received
     2,724,690        2,768,006        —          —          —    
 
 
 
  
Balances as of
 
  
Results
 
Subsidiaries / Associates / Joint Ventures
  
December 31,
2022
 
  
December 31,
2021
 
  
December 31,
2022
 
  
December 31,
2021
 
  
December 31,
2020
 
Cash and other demand deposits
     595        1,270        —          —          —    
Loans and advances
     14,593,454        17,452,281        8,978,184        7,793,938        9,022,462  
Debt securities at fair value through profit or loss
     —          1,519        —          3,387        226,110  
Derivatives (Assets)
     29,780        —          102,385        —          —    
Other financial assets
     427,700        397,218        —          —          —    
Deposits
     1,655,409        2,044,353        299,568        276,331        24,895  
Other liabilities
     23        887        48        8,000        3,999  
Financing received
     160,526        —          66,931        —          37,103  
Derivatives (Liabilities)
     —          —          —          —          168,901  
Debt securities issued
     —          —          —          —          72,188  
Fee and commission income
     —          —          265        —          —    
Other operating income
(a)
     —          —          278,516        137,771        147,038  
           
Off-balance
sheet transaction
                                            
           
Interest rate swaps (notional amount)
     1,500,000        —          —          —          —    
Securities in custody
(b)
     8,065,695        7,679,790        —          —          5,294  
Guarantees received
     858,043        1,973,933        —          —          —    
Guarantees granted
(c)
     —          1,599        —          —          403  
 
(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 as performing.