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REPO AND REVERSE REPO TRANSACTIONS | 12 Months Ended
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Dec. 31, 2019
REPO AND REVERSE REPO TRANSACTIONS |
REPO AND REVERSE REPO TRANSACTIONS | 9. REPO AND REVERSE REPO TRANSACTIONS The Group carries out repo transactions in which it performs the spot sale of a security with the related forward purchase thereof, thus substantially retaining all the risks and rewards associated with the instruments and recognizing them in "Financial Assets Pledged as Collateral" at year-end, as the provisions set out in point 3.4.2 (Derecognition of Assets) of IFRS 9 "Financial Instruments") are not met. The residual values of assets transferred under repo transactions as of December 31, 2019 and 2018 are detailed below: Repo Transactions:
|  | Book Value
December 31, 2019 |  | 319,817
December 31, 2018 |  | —

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- Definition Disclosure of repo transactions + References No definition available. + Details
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- Definition Disclosure of repo transactions. + References No definition available. + Details
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