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Banco Macro S A : announces Results for the 4Q 2020


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Buenos Aires, Argentina, March 10, 2021 - Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ( Banco Macro or BMA or the Bank ) announced today its results for the fourth quarter ended December 31, 2020 ( 4Q20 ). All figures are in Argentine pesos (Ps.) and have been restated in terms of the measuring unit current at the end of the reporting period. As of January 2020, the Bank began reporting results applying Hyperinflation Accounting, in accordance with IFRS IAS 29 as established by the Central Bank. For ease of comparison, figures of previous quarters of 2019 and 2020 have been restated applying IAS 29 to reflect the accumulated effect of the inflation adjustment for each period through December 31, 2020. ....

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