2022 Report and Financial Statements slide image

2022 Report and Financial Statements

2022 REPORT AND FINANCIAL STATEMENTS - BANCO REGIONAL LETTER FROM THE PRESIDENT ECONOMIC AND FINANCIAL PERFORMANCE 20 ITEM Total foreign currency assets Total liabilities in foreign currency Position Purchased / (Sold) in foreign currency DECEMBER 31, 2022 DECEMBER 31, 2021 AMOUNT ARBITRATED TO US$ EQUIVALENT AMOUNT IN GS. AMOUNT ARBITRATED TO US$ 1.302.645.006,80 (1.295.536.824,73) 9.569.139.035.006 (9.516.922.826.896) EQUIVALENT AMOUNT IN GS. 9.966.802.441.680 (9.994.631.691.367) 7.108.182,07 52.216.208.110 1.447.445.019,61 (1.451.486.567,47) (4.041.547,86) (27.829.249.687) As of December 31, 2022, and 2021, the foreign currency position did not exceed the position cap set by the Entity according to the note submitted to the Central Bank of Paraguay on January 3, 2013, in compliance with Resolution No. 25 Act No. 77 dated December 28, 2011, which establishes the free choice of the position rank according to the category established in the resolution that financial institutions choose for their net position in each year. This resolution was modified by Resolution N° 2 Act N° 34 dated May 13, 2019, which establishes that the net position adopted in the present day would by the definite position until a new resolution is published. Market risk management: Market risk is the probability that changes in market prices, for example, interest rates, foreign currency exchange rates, etc., will affect the equity and/or profits of the Entity depending on the positions taken in the financial market. The Bank controls market risk by monitoring the limits established in the Market Risk Policies approved by the Assets and Liabilities Committee and the Board of Directors c.3 Deposits in the Central Bank of Paraguay Deposits in the Central Bank of Paraguay as of December 31, 2022, and 2021 respectively, are as follows DESIGNATION December 31, 2022 Gs. Legal reserve - Guarani Legal reserve - Dollars Special reserve - Guarani Legal reserve - Dollars Current accounts - Guarani Current accounts - Dollars Current accounts - Euro Instant Payment System (SPI) Total Additionally see item a) in note c.12. c.4 Public and private securities 478.404.764.355 1.042.144.750.347 1.461.571.604 1.709.661.483 208.938.237.569 734.770.599.905 4.144.279.697 6.903.408.680 2.478.477.273.640 Public and private securities are stated at cost plus accrued interest receivable at the end of each year, which does not exceed their probable realizable value. December 31, 2021 Gs. 508.736.075.020 1.110.241.166.367 40.559.909 260.282.862 439.090.087.851 413.118.751.671 4.552.394.156 2.476.039.317.836
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