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BBAR BBVA Argentina

Filed: 9 Mar 21, 4:31pm

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of March 2021

Commission File Number: 001-12568

 

 

BBVA Argentina Bank S.A.

(Translation of registrant’s name into English)

 

 

111 Córdoba Av, C1054AAA

Buenos Aires, Argentina

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F   ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes  ☐            No  ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes  ☐            No  ☒

Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes  ☐            No  ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

 

 

 



LOGO

 

Buenos Aires, March 9, 2021

BOLSA DE COMERCIO DE BUENOS AIRES

25 de Mayo 347 2° piso

Autonomous City of Buenos Aires

Subject: Financial Statements as of December 31, 2020

Art. 62 – Regulation B.C.B.A.                    

Dear Sirs,

Regarding Banco BBVA Argentina S.A.’s financial statements for the period ended December 31, 2020, approved by our Board of Directors on March 9, 2021, as per Minutes No. 5277, and in compliance with the terms of applicable laws, we hereby submit the following information arising from the financial statements referred to above for the period then ended.

 

      (Figures in thousands of 
      Ps.) 
1.  Net Income for the Period  
  Net Income for the Period attributable to:  
  

Controlling Company’s Shareholders

   12,044,577 
  

Non-controlling Interests

   (12,462
  

Total (a)

   12,032,115 
  Other Comprehensive Income for the Period attributable to:  
  

Controlling Company’s Shareholders

   4,994,678 
  

Non-controlling Interests

   (1
  

Total (b)

   4,994,677 
  Total Comprehensive Income for the Period attributable to:  
  

Controlling Company’s Shareholders

   17,039,255 
  

Non-controlling Interests

   (12,463
  

Total (a+b)

   17,026,792 

 

Banco BBVA Argentina S.A., Av. Córdoba 111 – Piso 31 (C1054AAA) Ciudad Autónoma de Buenos Aires,

CUIT Nro. 30-50000319-3, IGJ 18-09-14, N.17995, L.70, T.SA (T.O.).


LOGO

 

      (Figures in thousands of 
      Ps.) 

2.

  

Shareholders’ Equity Breakdown

  
  

Capital Stock

   612,710 
  

Non-capitalized Contributions

   26,386,814 
  

Adjustments to Shareholders’ Equity

   18,640,568 
  

Reserves

   86,332,152 
  

- Legal Reserve

   22,528,236 
  

- Other Reserves

   63,803,916 
  

Unappropriated Retained Earnings

   (29,431,352
  

- Net Income for the Year

   12,044,577 
  

Other Comprehensive Income

   77,981 
  

Total Shareholders’ Equity attributable to Controlling Company’s Shareholders (c)

   102,618,873 
  

Total Shareholders’ Equity attributable to Non-controlling Interests (d)

   2,138,170 
  

Total Shareholders’ Equity (c+d)

   104,757,043 

In connection with paragraphs n) 1) and 2), Section 62 of the Listing Regulations of the Buenos Aires Stock Exchange, this is to give notice that the Board of Directors has resolved to submit the following proposals to the next General Ordinary and Extraordinary Shareholders’ Meeting:

 

(i)

Allocation of Unappropriated Retained Earnings as of December 31, 2020, that show a negative balance of $ 29,431,352,199.86. Proposal to absorb the sum of $ 29,431,352,199.86 from voluntary reserve for future distribution of earnings, the balance of which as of December 31, 2020 amounts to $ 55,727,557,543.48; and

 

(ii)

Partial reversal of voluntary reserve for future distributions of earnings to allocate an amount of $ 7,000,000,000 to the payment of cash dividends, subject to the Argentine Central Bank’s previous consent.

On the other hand, please find below information on the number of book-entry common shares, with a face value of Ps. 1 and one voting right each, held by the Company’s controlling group as of December 31, 2020.

 

Shares  % over total capital stock 

407,735,359

   66.55

Banco BBVA Argentina S.A., Av. Córdoba 111 – Piso 31 (C1054AAA) Ciudad Autónoma de Buenos Aires,

CUIT Nro. 30-50000319-3, IGJ 18-09-14, N.17995, L.70, T.SA (T.O.).


LOGO

 

The Company does not have share-convertible debt securities and/or stock options.

The Company’s controlling shareholder is Banco Bilbao Vizcaya Argentaria S.A., a company with domicile established at Plaza de San Nicolás, Number 4, 48005 Bilbao, Spain.

Yours faithfully,

 

Banco BBVA Argentina S.A.
MANUEL MANSILLA
Legal Representative

Banco BBVA Argentina S.A., Av. Córdoba 111 – Piso 31 (C1054AAA) Ciudad Autónoma de Buenos Aires,

CUIT Nro. 30-50000319-3, IGJ 18-09-14, N.17995, L.70, T.SA (T.O.).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 Banco BBVA Argentina S.A.
Date: March 9, 2021 By: 

/s/ Ernesto Gallardo Jimenez

  Name: Ernesto Gallardo Jimenez
  Title: Chief Financial Officer