2022 Report and Financial Statements
2022 REPORT AND FINANCIAL STATEMENTS - BANCO REGIONAL
LETTER FROM THE PRESIDENT
ECONOMIC AND FINANCIAL PERFORMANCE
The movement recorded during the year ended December 31, 2022, and 2021, in the allowance accounts is summarized as follows:
As of December 31, 2022
29
(90.513.482)
(586.967.019)
BALANCE AT THE
BEGINNING OF
ITEM
THE FINANCIAL
YEAR
Gs.
ADDITIONS (*)(#)
Gs.
ALLOWANCES
Gs.
APPLICATION OF WITHDRAWAL OF
ALLOWANCES
Gs.
RECLASSIFICATIONS
/ADJUSTMENTS
(**)
Gs.
UTILIZATION OF
LEGAL RESERVE
VALUATION
VARIATION IN
(***)(#)
Gs.
FOREIGN
CURRENCIES
Gs.
Available
Performing loans -
(1.494.013)
81.891.576
586.748.324
112.524
218.695
BALANCES AT
YEAR-END
Gs.
(10.003.395)
Financial sector
Performing loans -
Non-financial sector
Other receivables
Non-performing
(385.395.449.901)
(16.298.485.609)
(195.309.596.202)
(278.018.993.423)
1.735.408.542
116.718.874.276
397.074.897.279 (278.367.923.854)
(9.882.736.061)
(436.135.923.142)
(24.194.349.574)
(556.410.270.830)
298.719.152
174.946.038.793
6.334.320.747
301.277.952.879
(61.209.230.249)
(428.962.554)
(9.353.909.823)
(34.288.757.838)
(346.059.015.432)
Loans
Investments
Total
(211.519.736.225)
(808.524.761.950)
(196.893.681.123)
(1.056.194.775.451)
148.184.668.095
325.164.834.582
48.131.985.478
473.131.773.280
(31.722.313.700)
304.143.353.330
(278.367.923.854)
(250.256.294.506)
(1.066.749.994.313)
(6.437.217.031)
(26.102.494.250)
(*) As of December 31, 2022, the Bank has amortized Gs. 198.852.441.321 of allowances corresponding to operations under Transitional exceptions and Exceptional support measure. See note c.10.
(**) As of December 31, 2022, the Bank has made reclassifications of specific allowances
- recognition of specific allowances to Gs. 147.367.331.458 on operations benefiting from the Exceptional support measure authorized by the Central Bank of Paraguay, to be recognized gradually in results
See note c.10.
– reclassification of specific allowances for Gs. 31.722.313.700 corresponding to the constitution of a trust portfolio. See note c.8.d.
(***) According to Act N° 104, Law 861/96, the Directory of the Bank through directory Act N° 23 dated November 29, 2022, resolve to perfom necesary adjustments to the risk portfolio provitioning aditional losses
for bad credits in concordance with current regulations. The additional allowance was covered by the Legal Reserve in concordance with actual banking regulations.
The application was as follows:
- Allowances for bad credtis under Transitional and Exceptional Measures amounting Gs. 115.943.756.967
- Allowances bad credits for specific clients amounting Gs. 162.424.166.887. See note c.12.c.
(#) The process was carried out according to the request of the Superintendency of Banks to review and update the real situation of the credits portfolio in orden to purge it. It was an important request in the
framework of fusion processes approved by Extraordinary General Shareholders' Meeting held on December 16, 2022.View entire presentation