2022 Report and Financial Statements slide image

2022 Report and Financial Statements

2022 REPORT AND FINANCIAL STATEMENTS - BANCO REGIONAL LETTER FROM THE PRESIDENT Guarantees received ECONOMIC AND FINANCIAL PERFORMANCE ITEM Securities and deposit management Sale and transfer of portfolio Other memorandum accounts Foreign business and collections Portfolio Sale Agreement (*) Allowances to be made for exceptional measures Forward Operation - Seller December 31, 2022 Gs. 14.533.766.859.481 2.002.615.940.160 1.158.393.252.053 1.164.963.626.052 23.737.821.597 30.000.000.000 2.056.860.400 49 December 31, 2021 Gs. 14.433.659.274.961 2.458.791.742.315 1.174.759.442.330 1.091.341.663.473 26.494.522.309 16.746.668.928 20.106.506.800 Forward Operation - Buyer Total 3.158.749.900 18.918.693.109.643 5.852.921.500 19.227.752.742.616 (*) The entity has signed an agreement with Compañía Administradora de Riesgos S.A.(CARSA) committing to deliver portfolio with the specific characteristics mentioned in the document for a maximum amount of Gs. 30.000.000.000 at the agreed sale price. F. INFORMATION CONCERNING RESULTS f.1 Profit and loss recognition The Bank applied the accrual principle for the purposes of recognizing income and allocating expenses or costs incurred, with the following exceptions, in which income is recognized as profit upon receipt or collection, as established by Resolution No. 1, Act No. 60 of the Central Bank of Paraguay, dated September 28, 2007, and its subsequent amendments: a) financial products accrued and not received from debtors with overdue receivables and their valuation gains. b) accrued and uncollected financial products relating to non-performing loans classified in categories 2 (other than by subjective criteria), 3, 4, 5 and 6, which are recognized as income upon collection. c) valuation gains of performing loans and non-performing loans classified in categories 2 (other than by subjective criteria), 3, 4, 5 and 6, which are recognized as gains upon collection. d) gains to be realized on the sale of term assets, which are recognized as income as the credits are collected. e) gains from the valuation of term sale transactions; and f) certain fees for banking services.
View entire presentation