Active clients: holders of at least one active product. An active product is in most cases a product with at least “one movement” in the last 3 months, or a minimum balance.
ANSES: National Social Security Administration.
ADS: American Depositary Share.
AFIP: Federal Public Revenue Administration.
BBVA Argentina: Refers to Banco BBVA Argentina S.A. and its subsidiaries.
BCRA: Argentine Republic Central Bank.
BCBA: Buenos Aires Stock Exchange.
BYMA: Bolsas y Mercados Argentinos S.A.
CNV: National Securities Commission.
IAS: International Accounting Standards.
IFRS: International Financial Reporting Standards.
IGJ: Argentine Superintendence of Corporations.
LECAP: Argentine National Treasury compounded interest peso denominated notes.
LELINK: Argentine National Treasury U.S. dollar linked notes.
LELIQ: Central Bank liquidity bills.
LETE: Argentine National Treasury U.S. dollar denominated notes.
MAE: Open Electronic Market.
Merval: Can refer to the current Bolsas y Mercados Argentinos S.A. (BYMA) or the S&P MERVAL index.
NYSE: New York Stock Exchange.
Pesos: Argentine Pesos.
PIB: Gross Domestic Product (GDP).
SEC: Securities and Exchange Commission.
SEFyC: Superintendency of Financial and Exchange Institutions.
USD: U.S. Dollars.
US GAAP: Generally Accepted Accounting Principles (United States).