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Financial instruments (Tables)

12 Months Ended

Dec. 31, 2017

Disclosures of financials instrument [Abstract]

Disclosure of detailed information about fair value of financial liabilites through profit or loss [Text Block]

The fair value of financial liabilities at FVTPL is as follows:

	December 31, 2017		December 31, 2016
Liabilities
Foreign exchange forward		-		24
Total		-		24

Disclosure of detailed information about notional amounts, Derivative financial instruments [Text Block]

The information on the nominal amounts of derivative financial instruments at FVTPL is as follows:

	December 31, 2017						December 31, 2016
	Nominal		Fair value				Nominal		Fair value
	amount		Asset		Liability		amount		Asset		Liability
Foreign exchange forward		-		-		-		1,274		-		24
Total		-		-		-		1,274		-		24

Disclocure of detailed information about amortize cost, unrealized gain loss and fair value through other comprehensive income [Text Block]

The amortized cost, related unrealized gross gain (loss) and fair value of financial instruments at fair value through other comprehensive income by country risk and type of debt are as follows:

Equity Investment at FVOCI

	December 31, 2017
			Unrealized
	Amortized cost		Gain		Loss		Fair value
Equity investments ⁽¹⁾
Brazil		8,630		-		228		8,402
		8,630		-		228		8,402

Securities at FVOCI

	December 31, 2017
			Unrealized
	Amortized cost		Gain		Loss		Fair value
Sovereign debt:
Brazil		2,937		29		12		2,954
Chile		5,182		-		35		5,147
Trinidad and Tobago		8,843		-		211		8,632
		16,962		29		258		16,733
		25,592		29		486		25,135

⁽¹⁾

Equity instruments were initially recognized at fair value. These equity instruments correspond to equity securities classified with the irrevocable option of changes in OCI.

	December 31, 2016
			Unrealized
	Amortized cost		Gain		Loss		Fair value
Corporate debt:
Brazil		3,144		-		62		3,082
Venezuela		10,810		20		3		10,827
		13,954		20		65		13,909

Sovereign debt:
Brazil		2,926		-		140		2,786
Chile		5,229		-		59		5,170
Trinidad and Tobago		9,283		-		541		8,742
		17,438		-		740		16,698
		31,392		20		805		30,607

Disclosure of detailed information about unrealised losses on securities held through other comprehensive income [Text Block]

The following table discloses those securities that had unrealized losses for a period less than 12 months and for 12 months or longer:

	December 31, 2017
	Less than 12 months				12 months or longer				Total
	Fair value		Unrealized gross losses		Fair value		Unrealized gross losses		Fair value		Unrealized gross losses
Sovereign debt		5,147		35		9,616		223		14,763		258
Total		5,147		35		9,616		223		14,763		258

	December 31, 2016
	Less than 12 months				12 months or longer				Total
	Fair value		Unrealized gross losses		Fair value		Unrealized gross losses		Fair value		Unrealized gross losses
Corporate debt		1,805		3		3,082		62		4,887		65
Sovereign debt		5,170		59		11,528		681		16,698		740
Total		6,975		62		14,610		743		21,585		805

Disclosure of detailed information about Gain loss on sale of securities at fair value through other comprehensive income [Text Block]

The following table presents the realized gains and losses on sale of securities at fair value through other comprehensive income:

	December 31, 2017		December 31, 2016		December 31, 2015
Realized gain on sale of securities		766		221		469
Realized loss on sale of securities		(517)		(577)		(106)
Net gain (loss) on sale of securities at fair value through other comprehensive income		249		(356)		363

Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [text block]

Securities at fair value through other comprehensive income classified by issuer’s credit quality indicators are as follows:

Rating⁽¹⁾	December 31, 2017		December 31, 2016
1-4		16,733		30,607
5-6		-		-
7		-		-
8		-		-
9		-		-
10		-		-
Total		16,733		30,607

⁽¹⁾ Current ratings as of December 31, 2017 and 2016, respectively.

Disclosure of detailed information about amortized cost and fair value of securities by contractual maturity [Text Block]

The amortized cost and fair value of securities at fair value through other comprehensive income by contractual maturity are shown in the following tables:

	December 31, 2017				December 31, 2016
	Amortized cost		Fair value		Amortized cost		Fair value

Due within 1 year		-		-		-		-
After 1 year but within 5 years		16,962		16,733		17,656		16,994
After 5 years but within 10 years		-		-		13,736		13,613
		16,962		16,733		31,392		30,607

Disclosure of allowance for credit losses [text block]

The allowance for expected credit losses relating to securities at fair value through other comprehensive income, which is recorded in equity under accumulated other comprehensive income (loss), is as follow:

	Stage 1 ⁽¹⁾		Stage 2 ⁽²⁾		Stage 3 ⁽³⁾		Total
Allowance for expected credit losses as of December 31, 2016		42		263		-		305
Transfer to lifetime expected credit losses		-		-		-		-
Transfer to credit-impaired financial assets		-		-		-		-
Transfer to 12-month expected credit losses		-		-		-		-
Net effect of changes in reserve for expected credit losses		(6)		(65)		-		(71)
Financial assets that have been derecognized during the year		(12)		-		-		(12)
Changes due to financial instruments recognized as of December 31, 2016:		(18)		(65)		-		(83)
New financial assets originated or purchased		-		-		-		-
Write-offs		-		-		-		-
Allowance for expected credit losses as of December 31, 2017		24		198		-		222

	Stage 1 ⁽¹⁾		Stage 2 ⁽²⁾		Stage 3 ⁽³⁾		Total
Allowance for expected credit losses as of December 31, 2015		234		178		6,737		7,149
Transfer to lifetime expected credit losses		(31)		456		-		425
Transfer to credit-impaired financial assets		-		-		-		-
Transfer to 12-month expected credit losses		-		-		-		-
Net effect of changes in reserve for expected credit losses		(15)		(168)		-		(183)
Financial assets that have been derecognized during the year		(174)		(203)		-		(377)
Changes due to financial instruments recognized as of December 31, 2015:		(220)		85		-		(135)
New financial assets originated or purchased		28		-		-		28
Write-offs		-		-		(6,737)		(6,737)
Allowance for expected credit losses as of December 31, 2016		42		263		-		305

⁽¹⁾

12-month expected credit losses.

⁽²⁾

Lifetime expected credit losses.

⁽³⁾

Credit-impaired financial assets (lifetime expected credit losses).

Disclosure of detailed information about amortized cost related to unrealized gain loss and fair value by country risk [Text Block]

The amortized cost, related unrealized gross gain (loss) and fair value of these securities by country risk and type of debt are as follows:

	December 31, 2017
			Unrealized
	Amortized cost ⁽¹⁾		Gross gain		Gross loss		Fair value
Corporate debt:
Brazil		1,485		3		-		1,488
Panama		9,978		-		-		9,978
		11,463		3		-		11,466

Sovereign debt:
Colombia		29,006		67		16		29,057
Mexico		20,203		-		167		20,036
Panama		8,458		-		11		8,447
		57,667		67		194		57,540
		69,130		70		194		69,006

	December 31, 2016
			Unrealized
	Amortized cost ⁽²⁾		Gross gain		Gross loss		Fair value
Corporate debt:
Brazil		4,614		-		146		4,468
Panama		3,000		-		-		3,000
		7,614		-		146		7,468
Sovereign debt:
Brazil		11,179		37		194		11,022
Colombia		29,812		34		280		29,566
Mexico		20,541		-		1,059		19,482
Panama		8,670		198		-		8,868
		70,202		269		1,533		68,938
		77,816		269		1,679		76,406

⁽¹⁾

Amounts do not include allowance for expected credit losses of US196.

⁽²⁾

Amounts do not include allowance for expected credit losses of US$602.

Disclosure of detailed information about amortized cost and fair value of securities at amortized cost by contractual maturity [Text Block]

The amortized cost and fair value of securities at amortized cost by contractual maturity are shown in the following tables:

	December 31, 2017				December 31, 2016
	Amortized cost		Fair value		Amortized cost		Fair value

Due within 1 year		7,978		7,978		3,988		4,025
After 1 year but within 5 years		61,152		61,028		68,537		67,358
After 5 years but within 10 years		-		-		5,291		5,023
		69,130		69,006		77,816		76,406

Disclosure of detailed information about amortized cost classified by credit quality indicators [Text Block]

Securities at amortized cost classified by issuer’s credit quality indicators are as follows:

Rating⁽¹⁾	December 31, 2017		December 31, 2016
1-4		57,667		76,333
5-6		11,463		1,483
7		-		-
8		-		-
9		-		-
10		-		-
Total		69,130		77,816

⁽¹⁾

Current ratings as of December 31, 2017 and 2016, respectively.

Disclosure of allowance for credit loss relating to securities at amortized cost [Text Block]

The allowance for expected credit losses relating to securities at amortized cost is as follow:

	Stage 1 ⁽¹⁾		Stage 2 ⁽²⁾		Stage 3 ⁽³⁾		Total
Allowance for expected credit losses as of December 31, 2016		99		503		-		602
Transfer to lifetime expected credit losses		-		-		-		-
Transfer to credit-impaired financial assets		-		-		-		-
Transfer to 12-month expected credit losses		-		-		-		-
Net effect of changes in reserve for expected credit losses		(16)		(29)		-		(45)
Financial assets that have been derecognized during the year		(18)		(422)		-		(440)
Changes due to financial instruments recognized as of December 31, 2016:		(34)		(451)		-		(485)
New financial assets originated or purchased		79		-		-		79
Allowance for expected credit losses as of December 31, 2017		144		52		-		196

	Stage 1 ⁽¹⁾		Stage 2 ⁽²⁾		Stage 3 ⁽³⁾		Total
Allowance for expected credit losses as of December 31, 2015		348		178		-		526
Transfer to lifetime expected credit losses		(43)		444		-		401
Transfer to credit-impaired financial assets		-		-		-		-
Transfer to 12-month expected credit losses		-		-		-		-
Net effect of changes in reserve for expected credit losses		(5)		(91)		-		(96)
Financial assets that have been derecognized during the year		(317)		(28)		-		(345)
Changes due to financial instruments recognized as of December 31, 2015:		(365)		325		-		(40)
New financial assets originated or purchased		116		-		-		116
Allowance for expected credit losses as of December 31, 2016		99		503		-		602

⁽¹⁾

12-month expected credit losses.

⁽²⁾

Lifetime expected credit losses.

⁽³⁾

Credit-impaired financial assets (lifetime expected credit losses).

Disclosure of detailed information about gains from derecognition of cinancial instruments [Text Block]

	Assignments and participations		Gains

For the year ended December 31, 2017		77,400		181
For the year ended December 31, 2016		157,242		730
For the year ended December 31, 2015		92,438		422

Disclosure of detailed information about bank's gross loan portfolio [Text Block]

The following table set forth details of the Bank’s gross loan portfolio:

	December 31, 2017		December 31, 2016
Corporations:
Private		1,882,846		2,655,910
State-owned		723,267		786,900
Banking and financial institutions:
Private		2,083,795		1,738,999
State-owned		573,649		544,877
Middle-market companies:
Private		242,101		294,045
Total		5,505,658		6,020,731

Disclosure of detailed information about gross loan portfolio industry wise [Text Block]

The composition of the gross loan portfolio by industry is as follows:

	December 31, 2017		December 31, 2016
Banking and financial institutions		2,657,444		2,283,876
Industrial		772,238		1,242,441
Oil and petroleum derived products		735,413		788,186
Agricultural		501,241		1,007,139
Services		430,717		419,440
Mining		231,687		54,000
Others		176,918		225,649
Total		5,505,658		6,020,731

Information about credit quality of neither past due nor impaired financial assets [text block]

Loans classified by borrower’s credit quality indicators are as follows:

December 31, 2017
	Corporations				Banking and financial institutions				Middle-market companies
Rating⁽¹⁾	Private		State-owned		Private		State-owned		Private		Total
1-4		1,336,032		563,877		1,729,592		361,236		147,212		4,137,949
5-6		523,055		159,390		354,203		212,413		59,889		1,308.950
7		-		-		-		-		-		-
8		23,759		-		-		-		-		23,759
9		-		-		-		-		-		-
10		-		-		-		-		35,000		35,000
Total		1,882,846		723,267		2,083,795		573,649		242,101		5,505,658

December 31, 2016
	Corporations				Banking and financial institutions				Middle-market companies
Rating⁽¹⁾	Private		State-owned		Private		State-owned		Private		Total
1-4		1,714,936		646,797		1,457,984		259,981		174,107		4,253,805
5-6		863,937		140,103		281,015		284,896		84,938		1,654,889
7		58,673		-		-		-		-		58,673
8		4,000		-		-		-		-		4,000
9		-		-		-		-		35,000		35,000
10		14,364		-		-		-		-		14,364
Total		2,655,910		786,900		1,738,999		544,877		294,045		6,020,731

⁽¹⁾

Current ratings as of December 31, 2017 and 2016, respectively.

Disclosure of detailed information about gross loans by country risk [Text Block]

The following table provides a breakdown of gross loans by country risk:

	December 31, 2017		December 31, 2016
Country:
Argentina		294,613		325,321
Belgium		11,368		4,180
Bolivia		15,000		18,318
Brazil		1,019,466		1,163,825
Chile		170,827		69,372
Colombia		829,136		653,012
Costa Rica		356,459		400,371
Dominican Republic		249,926		243,696
Ecuador		94,315		129,269
El Salvador		55,110		104,723
Germany		37,500		50,000
Guatemala		309,024		315,911
Honduras		74,476		72,319
Jamaica		24,435		7,399
Luxembourg		19,924		14,722
Mexico		850,463		927,041
Nicaragua		29,804		36,949
Panama		500,134		498,651
Paraguay		59,536		108,068
Peru		211,846		467,408
Singapore		54,500		70,204
Switzerland		3,687		46,000
Trinidad and Tobago		175,000		184,389
United States of America		44,109		73,083
Uruguay		15,000		36,500

Total		5,505,658		6,020,731

Disclosure of detailed information about remaining loan maturities [Text Block]

The remaining loan maturities are summarized as follows:

	December 31, 2017		December 31, 2016
Current:
Up to 1 month		846,993		896,310
From 1 month to 3 months		1,079,793		1,300,675
From 3 months to 6 months		1,175,801		1,267,194
From 6 months to 1 year		922,711		551,794
From 1 year to 2 years		392,456		631,629
From 2 years to 5 years		989,222		1,211,847
More than 5 years		39,923		95,918
		5,446,899		5,955,367

Impaired		58,759		65,364

Total		5,505,658		6,020,731

Disclosure of financial instruments by type of interest rate [text block]

The fixed and floating interest rate distribution of the loan portfolio is as follows:

	December 31, 2017		December 31, 2016

Fixed interest rates		2,378,509		2,709,555
Floating interest rates		3,127,149		3,311,176
Total		5,505,658		6,020,731

Disclosure of detailed information about credit impairment balances [Text Block]

An analysis of credit-impaired balances is detailed as follows:

	December 31, 2017						2017
	Recorded investment		Past due principal balance		Related allowance Stage 3		Average principal loan balance		Balance interest recognized
With an allowance recorded:
Private corporations		23,759		-		7,468		5,988		229
Middle-market companies		35,000		35,000		20,527		35,000		3,028
Total		58,759		35,000		27,995		40,988		3,257

	December 31, 2016						2016
	Recorded investment		Past due principal balance		Related allowance Stage 3		Average principal loan balance		Balance interest recognized
With an allowance recorded:
Private corporations		30,364		18,364		23,174		12,500		408
Middle-market companies		35,000		35,000		12,179		17,705		1,679
Total		65,364		53,364		35,353		30,205		2,087

Disclsoure of Interest revenue for financial assets [Text Block]

The following is a summary of information of interest amounts recognized on an effective interest basis on net carrying amount for those financial assets in Stage 3:

		December 31, 2017			December 31, 2016			December 31, 2015
Interest revenue calculated on the net carrying amount (net of credit allowance)			1,170			1,808			91

Disclosure of provision matrix [text block]

The following table presents an aging analysis of the loan portfolio:

December 31, 2017
	91-120 days		121-150 days		151-180 days		Greater than 180 days		Total Past due		Delinquent		Current		Total
Corporations		-		-		-		-		-		-		2,606,113		2,606,113
Banking and financial institutions		-		-		-		-		-		-		2,657,444		2,657,444
Middle-market companies		-		-		-		35,000		35,000		-		207,101		242,101
Total		-		-		-		35,000		35,000		-		5,470,658		5,505,658

December 31, 2016
	91-120 days		121-150 days		151-180 days		Greater than 180 days		Total Past due		Delinquent		Current		Total
Corporations		-		-		4,000		14,364		18,364		-		3,424,446		3,442,810
Banking and financial institutions		-		-		-		-		-		-		2,283,876		2,283,876
Middle-market companies		-		-		-		35,000		35,000		-		259,045		294,045
Total		-		-		4,000		49,364		53,364		-		5,967,367		6,020,731

Disclosure of detailed information about modified financial assets where modification does not result in derecognition [Text Block]

Modified financial assets (with loss allowance based on lifetime ECL) modified during the period	December 31, 2017		December 31, 2016

Gross carrying amount before modification		8,855		-
Loss allowance before modification		(3,344)		-
Net amortized cost before modification		5,511		-

Gross carrying amount after modification		4,484		-
Loss allowance after modification		(4,484)		-
Net amortized cost after modification		-		-

Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [text block]

The significant changes in the gross carrying amount of financial assets during the period that contributed to changes in the loss allowance, is provided at the table below:

Loans

	Stage 1		Stage 2		Stage 3		Total
Gross carrying amount as of December 31, 2016		5,019,368		935,999		65,364		6,020,731
Transfer in book value to stage 2		(41,167)		41,167		-		-
Transfer to lifetime expected credit losses - credit-impaired		-		(46,673)		46,673		-
Transfer in book value to stage 1		8,000		(8,000)		-		-
Financial assets that have been derecognised during the year		(4,214,697)		(313,394)		(21,667)		(4,549,758)
Changes due to financial instruments recognized as of December 31, 2016		(4,247,864)		(326,900)		25,006		(4,549,758)
New financial assets originated or purchased		4,067,723		-		-		4,067,723
Write-offs		-		(1,427)		(31,611)		(33,038)
Gross carrying amount as of December 31, 2017		4,839,227		607,672		58,759		5,505,658

Loans

	Stage 1		Stage 2		Stage 3		Total
Gross carrying amount as of December 31, 2015		6,282,752		356,668		52,329		6,691,749
Transfer in book value to stage 2		(828,589)		828,589		-		-
Transfer to lifetime expected credit losses – not credit-impaired		(12,000)		(45,056)		57,056		-
Transfer in book value to stage 1		90,770		(90,770)		-		-
Financial assets that have been derecognized during the year		(4,577,890)		(113,432)		(25,214)		(4,716,536)
Changes due to financial instruments recognized as of December 31, 2015		(5,327,709)		579,331		31,842		(4,716,536)
New financial assets originated or purchased		4,064,325		-		-		4,064,325
Write-offs		-		-		(18,807)		(18,807)
Gross carrying amount as of December 31, 2016		5,019,368		935,999		65,364		6,020,731

Disclosure of detailed information about allowances for credit losses, loans amortized [Text Block]

The allowances for expected credit losses related to loans at amortized cost are as follows:

	Stage 1 ⁽¹⁾		Stage 2 ⁽²⁾		Stage 3 ⁽³⁾		Total
Allowance for expected credit losses as of December 31, 2016		29,036		41,599		35,353		105,988
Transfer to lifetime expected credit losses – not credit-impaired		(672)		672		-		-
Transfer to lifetime expected credit losses - credit-impaired		-		(12,845)		12,845		-
Transfer to 12-month expected credit losses		1,428		(1,428)		-		-
Net effect of changes in reserve for expected credit losses		(2,900)		18,227		20,257		35,584
Financial assets that have been derecognized during the year		(24,434)		(11,321)		(8,333)		(44,088)
Changes due to financial instruments recognized as of December 31, 2016		(26,578)		(6,695)		24,769		(8,504)
New financial assets originated or purchased		17,363		-		-		17,363
Write-offs		-		(1,427)		(32,126)		(33,553)
Recoveries of amounts previously written off		-		-		-		-
Allowance for expected credit losses as of December 31, 2017		19,821		33,477		27,996		81,294

	Stage 1 ⁽¹⁾		Stage 2 ⁽²⁾		Stage 3 ⁽³⁾		Total
Allowance for expected credit losses as of December 31, 2015		59,214		9,609		21,151		89,974
Transfer to lifetime expected credit losses – not credit-impaired		(9,117)		9,119		-		2
Transfer to lifetime expected credit losses – not credit-impaired		(7)		(6,317)		6,324		-
Transfer to 12-month expected credit losses		2,038		(2,077)		38		(1)
Net effect of changes in reserve for expected credit losses		(39,621)		48,021		26,491		34,891
Financial assets that have been derecognized during the year		(65,640)		(16,756)		-		(82,396)
Changes due to financial instruments recognized as of December 31, 2015		(112,347)		31,990		32,853		(47,504)
New financial assets originated or purchased		82,169		-		-		82,169
Write-offs		-		-		(18,807)		(18,807)
Recoveries of amounts previously written off		-		-		156		156
Allowance for expected credit losses as of December 31, 2016		29,036		41,599		35,353		105,988

⁽¹⁾

12-month expected credit losses.

⁽²⁾

Lifetime expected credit losses.

⁽³⁾

Credit-impaired financial assets (lifetime expected credit losses).

Disclosure of detailed information about hedges [text block]

Quantitative information on derivative financial instruments held for hedging purposes is as follows:

	December 31, 2017
	Nominal		Carrying amount of the hedging instrument				Changes in fair value used for calculating hedge
	Amount		Asset		Liability		ineffectiveness
Fair value hedges:
Interest rate swaps		367,500		-		(4,361)		(2,394)
Cross-currency swaps		306,961		3,672		(30,154)		15,900
Cash flow hedges:
Interest rate swaps		595,000		127		(428)		995
Cross-currency swaps		23,025		879		-		2,132
Foreign exchange forward		225,388		8,610		-		11,835
Net investment hedges:
Foreign exchange forward		9,243		50		-		181
Total		1,527,117		13,338		(34,943)		28,649

	December 31, 2016
	Nominal		Carrying amount of the hedging instrument				Changes in fair value used for calculating hedge
	Amount		Asset		Liability		ineffectiveness
Fair value hedges:
Interest rate swaps		796,202		40		(2,005)		(2,199)
Cross-currency swaps		291,065		2,561		(44,944)		(19,316)
Cash flow hedges:
Interest rate swaps		752,000		323		(1,699)		696
Cross-currency swaps		23,025		-		(1,254)		(1,313)
Foreign exchange forward		352,553		6,428		(9,653)		(5,093)
Net investment hedges:
Foreign exchange forward		3,780		-		(131)		(415)
Total		2,218,625		9,352		(59,686)		(27,640)

Disclosure of detailed information about gains and losses resulting from activities of derivative financial instruments and hedging [Text Block]

The gains and losses resulting from activities of derivative financial instruments and hedging recognized in the consolidated statements of profit or loss are presented below:

	December 31, 2017
	Gain (loss) recognized in OCI (effective portion)		Classification of gain (loss)	Gain (loss) reclassified from accumulated OCI to the consolidated statement of profit or loss		Gain (loss) recognized on derivatives (ineffective portion)
Derivatives – cash flow hedge
Interest rate swaps		(834)	Gain (loss) on interest rate swap		-		242
Cross-currency swaps		(1,924)	Gain (loss) on foreign currency exchange		-		26
			Interest income – loans		7,611		-
Foreign exchange forward		(2,708)	Interest income – securities at FVOCI		-		-
			Interest income – loans		3,991		-
			Interest expense – borrowings and debt		-		-
			Interest expenses – deposits		(190)		-
			Gain (loss) on foreign currency exchange
Total		(5,466)			11,412		268

Derivatives – net investment hedge
Forward foreign exchange		(277)
Total		(277)

	December 31, 2016
	Gain (loss) recognized in OCI (effective portion)		Classification of gain (loss)	Gain (loss) reclassified from accumulated OCI to the consolidated statement of profit or loss		Gain (loss) recognized on derivatives (ineffective portion)
Derivatives – cash flow hedge
Interest rate swaps		627	Gain (loss) on interest rate swap		-		(1,258)
Cross-currency swaps		(1,299)	Gain (loss) on foreign currency exchange		-		16
			Interest income – loans		-		(110)
Foreign exchange forward		233	Interest income – securities at FVOCI		-		-
			Interest income – loans		(4,751)		-
			Interest expense – borrowings and debt		-		-
			Interest expenses – deposits		1,672		-
			Gain (loss) on foreign currency exchange		9,097		-
Total		(439)			6,018		(1,352)

Derivatives – net investment hedge
Forward foreign exchange		-
Total		-

	December 31, 2015
	Gain (loss) recognized in OCI (effective portion)		Classification of gain (loss)	Gain (loss) reclassified from accumulated OCI to the consolidated statement of profit or loss		Gain (loss) recognized on derivatives (ineffective portion)
Derivatives – cash flow hedge
Interest rate swaps		35	Gain (loss) on interest rate swap		-		(229)
Cross-currency swaps		5,367	Gain (loss) on foreign exchange		-		84
			Interest income – loans		-		-
Forward foreign exchange		3,511	Interest income – securities at FVOCI		(694)		-
			Interest income – loans		(1,821)		-
			Interest expense – borrowings and debt		-		-
			Interest expenses – deposits		166		-
			Gain (loss) on foreign currency exchange		12,539		-
Total		8,913			10,190		(145)

Derivatives – net investment hedge
Forward foreign exchange		(901)
Total		(901)

Disclosure of detailed information about gainloss on derivative financial instruments and gainloss of hedge asset or liability related to qualifying fair value hedges [Text Block]

The Bank recognized in the consolidated statement of profit or loss the gain (loss) on derivative financial instruments and the gain (loss) of the hedged asset or liability related to qualifying fair value hedges, as follows:

	December 31, 2017
	Classification in consolidated statement of profit or loss	Gain (loss) on derivatives		Gain (loss) on hedge item		Net gain (loss)
Derivatives – fair value hedge
Interest rate swaps	Interest income – securities at FVOCI		(126)		476		350
	Interest income – loans		(12)		160		148
	Interest expenses – borrowings and debt		1,387		(16,233)		(14,846)
	Derivative financial instruments and hedging		(2,270)		2,371		101

Cross-currency swaps	Interest income – loans		(1,496)		2,442		946
	Interest expenses – borrowings and debt		1,848		(10,265)		(8,417)
	Derivative financial instruments and hedging		14,950		(16,709)		(1,759)
Total			14,281		(37,758)		(23,477)

	December 31, 2016
	Classification in consolidated statement of profit or loss	Gain (loss) on derivatives		Gain (loss) on hedge item		Net gain (loss)
Derivatives – fair value hedge
Interest rate swaps	Interest income – securities at FVOCI		(617)		1,593		976
	Interest income – loans		(25)		2,023		1,998
	Interest expenses – borrowings and debt		4,558		(28,261)		(23,703)
	Derivative financial instruments and hedging		(2,077)		2,178		101

Cross-currency swaps	Interest income – loans		(372)		928		556
	Interest expenses – borrowings and debt		195		(6,183)		(5,988)
	Derivative financial instruments and hedging		17,673		(16,752)		921
Total			19,335		(44,474)		(25,139)

	December 31, 2015
	Classification in consolidated statement of profit or loss	Gain (loss) on derivatives		Gain (loss) on hedge item		Net gain (loss)

Derivatives – fair value hedge
Interest rate swaps	Interest income – securities at FVOCI		(1,047)		1,514		467
	Interest income at amortized cost		(376)		3,987		3,611
	Interest expenses – borrowings and debt		6,268		(24,026)		(17,758)
	Derivative financial instruments and hedging		(1,841)		1,688		(153)

Cross-currency swaps	Interest income loans at amortized cost		(135)		348		213
	Interest expenses – borrowings and debt		744		(3,785)		(3,041)
	Derivative financial instruments and hedging		(19,522)		20,550		1,028
Total			(15,909)		276		(15,633)

Disclosure of detailed information about hedged items [text block]

The following tables details the changes of the market value of the underlying item in the statement of financial position related to fair value hedges:

	December 31, 2017
Fair value hedges	Carrying amount		Thereof accumulated fair value adjustments		Line item in the statement of financial position
Interest rate risk
Loans		-		-	Loans
Issuances		355,000		(4,411)	Short and long term borrowings and debt

Foreign exchange rate risk and FX
Securities at FVOCI		12,369		(32)	Financial instruments at FVOCI
Loans		25,027		744	Loans
Issuances		(249,328)		(2,301)	Short and long term borrowings and debt

	December 31, 2016
Fair value hedges	Carrying amount		Thereof accumulated fair value adjustments		Line item in the statement of financial position
Interest rate risk
Loans		18,502		12	Loans
Issuances		755,000		2,089	Short and long term borrowings and debt

Foreign exchange rate risk and FX
Securities at FVOCI		22,188		(232)	Financial instruments at FVOCI
Loans		9,252		706	Loans
Issuances		(308,739)		(49)	Short and long term borrowings and debt

Disclosure of information about terms and conditions of hedging instruments and how they affect future cash flows [text block]

The following tables detail the profile of the timing of the nominal amount of the hedging instrument:

	December 31, 2017
Risk type	Foreign Exchange risk		Interest rate risk		Foreign exchange and Interest rate risk		Total
Up to 1 month		69,459		-		-		69,459
31 to 60 days		26,104		-		-		26,104
61 to 90 days		1,729		185,000		16,821		203,550
91 to 180 days		16,567		137,500		-		154,067
181 to 365 days		68,952		202,500		8,127		279,579
1 to 2 years		178,331		21,500		73,193		273,024
2 to 5 years		4,413		416,000		24,872		445,285
More than 5 years		-		-		76,049		76,049
Total		365,555		962,500		199,062		1,527,117

Analysis of maturity of the derivatives by type of risk covered:

	December 31, 2016
Risk type	Foreign Exchange risk		Interest rate risk		Foreign exchange and Interest rate risk		Total
Up to 1 month		66,149		-		-		66,149
31 to 60 days		33,393		85,000		-		118,393
61 to 90 days		24,093		60,000		-		84,093
91 to 180 days		71,533		745,080		-		816,613
181 to 365 days		109,228		160,422		189		269,839
1 to 2 years		92,115		50,000		24,948		167,063
2 to 5 years		73,311		434,500		96,218		604,029
More than 5 years		-		13,200		79,246		92,446
Total		469,822		1,548,202		200,601		2,218,625

Disclosure of detailed information about sources of ineffectiveness for our cash flow hedge positions [Text Block]

The following tables detail the sources of ineffectiveness for our cash flow hedge positions:

	December 31, 2017
Type of risk hedge	USD-OIS		Tenor		Xccy basis		Credit spread		Total Ineffectiveness
Interest rate risk		22		296		-		(16)		302
Foreign exchange risk		(8)		-		17		(1)		8
Total		14		296		17		(17)		310

	December 31, 2016
Type of risk hedge	USD-OIS		Tenor		Xccy basis		Credit spread		Total Ineffectiveness
Interest rate risk		19		-		-		604		623
Foreign exchange risk		25		-		(4)		(5)		16
Total		44		-		(4)		599		639

Disclosure of offsetting of financial assets and financial liabilities [text block]

The following tables summarize financial assets and liabilities that have been offset in the consolidated statement of financial position or are subject to master netting agreements:

Derivative financial instruments – assets

December 31, 2017
			Gross amounts offset in the consolidated		Net amount of assets presented in the		Gross amounts not offset in the consolidated statement of financial position
Description	Gross amounts assets		statement of financial position		consolidated statement of financial position		Financial instruments		Cash collateral received		Net Amount
Derivative financial instruments used for hedging – receivable – at fair value		13,338		-		13,338		-		(22,304)		(8,966)
Total		13,338		-		13,338		-		(22,304)		(8,966)

December 31, 2016
			Gross amounts offset in the consolidated		Net amount of assets presented in the		Gross amounts not offset in the consolidated statement of financial position
Description	Gross amounts assets		statement of financial position		consolidated statement of financial position		Financial instruments		Cash collateral received		Net Amount
Derivative financial instruments used for hedging – receivable – at fair value		9,352		-		9,352		-		-		9,352
Total		9,352		-		9,352		-		-		9,352

The following table presents the reconciliation of assets that have been offset or are subject to master netting agreements to individual line items in the consolidated statement of financial position:

	December 31, 2017
Description	Gross amounts of assets		Gross amounts offset in the consolidated statement of financial position		Net amount of assets presented in the consolidated statement of financial position
Derivative financial instruments used for hedging – receivable – at fair value		13,338		-		13,338
Total		13,338		-		13,338

	December 31, 2016
Description	Gross amounts of assets		Gross amounts offset in the consolidated statement of financial position		Net amount of assets presented in the consolidated statement of financial position
Derivative financial instruments used for hedging – receivable – at fair value		9,352		-		9,352
Total		9,352		-		9,352

Disclosure of offsetting of financial liabilities [text block]

December 31, 2017
			Gross amounts offset in the		Net amount of liabilities presented in the		Gross amounts not offset in the consolidated statement of financial position
Description	Gross amounts of liabilities		consolidated statement of financial position		consolidated statement of financial position		Financial instruments		Cash collateral pledged		Net Amount
Derivative financial instruments used for hedging – payable – at fair value		34,943		-		34,943		-		(50,241)		(15,298)
Total		34,943		-		34,943		-		(50,241)		(15,298)

December 31, 2016
			Gross amounts offset in the		Net amount of liabilities presented in the		Gross amounts not offset in the consolidated statement of financial position
Description	Gross amounts of liabilities		consolidated statement of financial position		consolidated statement of financial position		Financial instruments		Cash collateral pledged		Net Amount

Financial liabilities at FVTPL		24		-		24		-		-		24
Derivative financial instruments used for hedging – payable – at fair value		59,686		-		59,686		-		(59,012)		674
Total		59,710		-		59,710		-		(59,012)		698

Disclosure of detailed information about reconciliation of liabilities offset or are subject to master netting agreements to individual line items [Text Block]

The following table presents the reconciliation of liabilities that have been offset or are subject to master netting agreements to individual line items in the consolidated statement of financial position:

	December 31, 2017
Description	Gross amounts of liabilities		Gross amounts offset in the consolidated statement of financial position		Net amount of liabilities presented in the consolidated statement of financial position

Derivative financial instruments:
Derivative financial instruments used for hedging – payable – at fair value		34,943		-		34,943
Total derivative financial instruments		34,943		-		34,943

	December 31, 2016
Description	Gross amounts of liabilities		Gross amounts offset in the consolidated statement of financial position		Net amount of liabilities presented in the consolidated statement of financial position

Derivative financial instruments:
Financial liabilities at FVTPL		24		-		24
Derivative financial instruments used for hedging – payable – at fair value		59,686		-		59,686
Total derivative financial instruments		59,710		-		59,710