2022 Report and Financial Statements
2022 REPORT AND FINANCIAL STATEMENTS - BANCO REGIONAL
LETTER FROM THE PRESIDENT
ECONOMIC AND FINANCIAL PERFORMANCE
As of December 31, 2021
30
ITEM
BALANCE AT THE
BEGINNING OF THE
FINANCIAL YEAR
Gs.
ADDITIONS (*)
Gs.
APPLICATION OF
ALLOWANCES
Gs.
WITHDRAWAL OF
VALUATION
VARIATION IN
ALLOWANCES
Gs.
RECLASSIFICATIONS
(**)
FOREIGN
CURRENCIES
Gs.
BALANCES AT
YEAR-END
Gs.
Available
(348.411.894)
(426.817.003)
Performing loans -
Financial sector
Performing loans -
Non-financial sector
(1.007.051.425)
(587.426.072)
774.962.101
1.596.043.149
(1.227.217)
(1.494.013)
(1.565.652)
Other receivables
Non-performing Loans
Investments
Total
(512.268.602.251)
(20.336.152.921)
(131.293.380.581)
(95.425.435.078)
(760.679.034.150)
(429.660.999.886)
5.560.140.379
572.731.657.958
(22.841.731.911)
1.084.085.810
(385.395.449.901)
(19.150.873.170)
(474.718.213.082)
(82.931.972.356)
(1.007.476.301.569)
4.748.478.839
163.829.282.363
8.299.180.774
182.437.082.355
18.662.788.028
55.288.764.450
74.113.263.741
723.167.479.427
194.495.913.172
(115.765.319.736)
55.888.861.525
(222.726.385)
(2.911.962.524)
190.546.430
(1.862.849.538)
(16.298.485.609)
(195.309.596.202)
(211.519.736.225)
(808.524.761.950)
(*) As of December 31, 2021, the Bank has amortized Gs.100.116.366.700 of allowances corresponding to operations under Transitional exceptions and Exceptional support measure. See note c.10
(**) As of December 31, 2021, the Bank had made the following registration in the allowance accounts:
- recognition of specific allowances to Gs. 164.761.029.710 charged to retained earnings. See note C.20
- recognition of specific allowances to Gs. 139.550.424.973 on operations benefiting from the Exceptional support measure authorized by the Central Bank of Paraguay, to be recognized gradually in results
over a period not exceeding 24 months. See note c.10.
- reclassification of specific allowances for Gs. 115.765.319.736 corresponding to the establishment of a trust. See note c. 8.d.
c.8 Investments
The investments item includes:
a. Assets acquired in credit recovery:
These assets are valued at the lower of the following three values: appraisal value, adjudication value and balance of the debt immediately prior to adjudication, in accordance with the provisions of the Central Bank
of Paraguay.
Additionally, for assets that exceed the terms established by the Central Bank of Paraguay for their holding, allowances are made in accordance with the terms of Resolution No. 1, Minute No. 60 dated September
28, 2007 of the Board of Directors of the Central Bank of Paraguay and its subsequent amendments, after three years of holding the assets are covered at 100%, with the exception of assets in the agricultural sector
and movable and immovable assets awarded or received in payment within the period between January 1, 2018 and December 31, 2020 included, reach 100% allowance coverage after four years of holding, as
established in Resolution No. 7, Minute No. 4 dated January 18, 2018 and Resolution No. 10, Minute No. 17 dated March 16, 2020 of the Board of Directors of the Central Bank of Paraguay, respectively.View entire presentation