Related Parties (Tables)

12 Months Ended

Dec. 31, 2023

Statement [LineItems]

Summary of Amounts and Profit or Loss Related to Transactions Generated With Related Parties

The amounts balances as of December 31, 2023 and 2022 and the profit or loss for the fiscal years ended December 31, 2023, 2022 and 2021, related to transactions generated with related parties are as follows:

	As of December 31, 2023
	Main subsidiaries (1)												Associates			Key management personnel (3)			Other related parties			Total
	Macro Bank Limited		Macro Securities SAU (2)			Argenpay SAU		Fintech SGR			Macro Agro SAU
Assets
Cash and deposits in banks		6,478																					6,478
Other financial assets									8,326,118								1,077,944			7,139,810			16,543,872
Loans and other financing (4)
Documents																				1,284,488			1,284,488
Overdraft																	257,516			2,662,095			2,919,611
Credit cards																	605,145			129,042			734,187
Lease												30,976								51,602			82,578
Personal loans																	5,562						5,562
Mortgage loans																	1,261,934						1,261,934
Other loans (5)																	378,210			5,877,322			6,255,532
Guarantee granted																				26,357,386			26,357,386
Total assets		6,478							8,326,118			30,976					3,586,311			43,501,745			55,451,628
Liabilities
Deposits				15,785,008			258,554		24,681			11,170		304,321			24,665,263			21,695,667			62,744,664
Liabilities at fair value through profit or loss																				13,817,710			13,817,710
Other financial liabilities																	5,108,496			954,452			6,062,948
Issued corporate bonds				2,884,982																			2,884,982
Subordinated corporate bonds									781,691			123,425											905,116
Other non-financial liabilities																				4,991,527			4,991,527
Total liabilities				18,669,990			258,554		806,372			134,595		304,321			29,773,759			41,459,356			91,406,947
Income / (loss)
Interest income				237,527								14,328					1,915,668			5,682,782			7,850,305
Interest expense														(91,654	)		(204,618	)		(111,987	)		(408,259	)
Commissions income				77,309					57,264					1,190			475			564,890			701,128
Commissions expense									(46,020	)							(105	)		(101,495	)		(147,620	)
Other operating income				215,291			32		9,361,556			3,090		389			20			61,549			9,641,927
Administrative expense																				(2,479,398	)		(2,479,398	)
Other operating expense				(10	)												(501	)		(537,471	)		(537,982	)
Total income / (loss)				530,117			32		9,372,800			17,418		(90,075	)		1,710,939			3,078,870			14,620,101

(1) These transactions are eliminated during the consolidation process.

(2) It includes the balance amounts from its subsidiary Macro Fondos SGFCISA.

(3) Includes close family members of the key management personnel.

(4) The maximum financing amount for Loans and other financing as of December 31, 2023 for Macro Securities SAU, Macro Agro SAU, Key management personnel and Other related parties amounted to 21,637,333, 68,502, 3,762,515 and 51,513,614, respectively.

(5) It is related to Loans and other financing not disclosed in other items, mainly Other loans, Financing of foreign exchange transactions and Loans with government securities.

	As of December 31, 2022
	Main subsidiaries (1)										Associates			Key management personnel (3)			Other related parties			Total
	Macro Bank Limited		Macro Securities SAU (2)			Argenpay SAU		Fintech SGR
Assets
Cash and deposits in banks		4,419																			4,419
Other financial assets									9,395,278						724,126			59			10,119,463
Loans and other financing (4)
Documents															175,223			1,310,746			1,485,969
Overdraft															590,790			155,143			745,933
Credit cards																		207,665			207,665
Lease															3,619						3,619
Personal loans															1,689,642						1,689,642
Other loans (5)				6,581,205											472,869			4,360,084			11,414,158
Guarantee granted																		4,795,743			4,795,743
Total assets		4,419		6,581,205					9,395,278						3,656,269			10,829,440			30,466,611
Liabilities
Deposits				9,347,392			181,046		361			263,793			12,959,967			7,160,317			29,912,876
Liabilities at fair value through profit or loss																		512,593			512,593
Other financial liabilities															160,967			37,456			198,423
Issued corporate bonds				897,421																	897,421
Subordinated corporate bonds									450,137												450,137
Other non-financial liabilities																		62,954			62,954
Total liabilities				10,244,813			181,046		450,498			263,793			13,120,934			7,773,320			32,034,404
Income / (loss)
Interest income				13,462											915,252			6,176,142			7,104,856
Interest expense												(71,530	)		(325,275	)		(214,965	)		(611,770	)
Commissions income				77,843					2,466			1,074			190			327,193			408,766
Commissions expense									(33,156	)					(159	)		(3,559	)		(36,874	)
Other operating income		16					125		4,063,048									162			4,063,351
Credit loss expense on financial assets				(1,165	)																(1,165	)
Administrative expense																		(1,824,036	)		(1,824,036	)
Other operating expense				(45,188	)													(220,567	)		(265,755	)
Total income / (loss)		16		44,952			125		4,032,358			(70,456	)		590,008			4,240,370			8,837,373

(1) These transactions are eliminated during the consolidation process.

(2) It includes the balance amounts from its subsidiary Macro Fondos SGFCISA.

(3) Includes close family members of the key management personnel.

(4) The maximum financing amount for Loans and other financing as of December 31, 2022 for Macro Securities SAU, Fintech SGR, Key management personnel and Other related parties amounted to 14,101,862, 7,895,654, 4,108,625 and 52,441,567, respectively.

(5) It is related to Loans and other financing not disclosed in other items, mainly Other loans, Financing of foreign exchange transactions and Loans with government securities.

	As of December 31, 2021
	Main subsidiaries (1)									Associates			Key management personnel (3)			Other related parties			Total
	Macro Bank Limited		Macro Securities SAU (2)			Argenpay SAU	Fintech SGR
Income / (loss)
Interest income				21,674										988,486			8,716,278			9,726,438
Interest expense				(25,550	)						(105,148	)		(232,819	)		(339,781	)		(703,298	)
Commissions income				134,132				176			1,353			115			611,520			747,296
Commissions expense								(2,178	)					(140	)		(1,068	)		(3,386	)
Net gain from measurement of financial instruments at fair value through profit or loss								142,284												142,284
Other operating income		24		20,843				40,636									194			61,697
Administrative expense																	(1,457,607	)		(1,457,607	)
Other operating expense																	(451,426	)		(451,426	)
Total income / (loss)		24		151,099				180,918			(103,795	)		755,642			7,078,110			8,061,998

(1) These transactions are eliminated during the consolidation process.

(2) It includes the balance amounts from its subsidiary Macro Fondos SGFCISA.

(3) Includes close family members of the key management personnel.

Composition of Board of Directors and Key Management Personnel

Additionally, the composition of the Board of Directors and key management personnel of the Bank and its subsidiaries is as follows:

Composition	12/31/2023		12/31/2022
Board of Directors		22		22
Senior managers of the key management personnel		12		12
Total		34		34