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Banco BBVA Argentina S A announces 2020 annual results

Share this article Share this article BUENOS AIRES, Argentina, March 9, 2021 /PRNewswire/ Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) ( BBVA Argentina or BBVA or the Bank ) announced today its consolidated results for the fourth quarter (4Q20) and fiscal year ended on December 31, 2020. As of January 1, 2020, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting. To facilitate comparison, figures of comparable quarters of 2019 have been updated according to IAS 29 reporting to reflect the accumulated effect of inflation adjustment for each period up to December 31, 2020. 2020 Highlights BBVA Argentina s inflation adjusted net income in 2020 was $12.0 billion, 38.9% lower than the $19.7 billion reported in 2019.

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