This publication is part of the institutional accounts of the SCN, together with the technical report of the general government sector that has been disseminated since 2022.
He INDEC will disseminate the accounts of the subsectors on an annual basis central bank and depository companies (commercial banks), which are part of the financial companies sector of the National Accounts (SNA).
This publication is part of the SNA institutional accounts, together with the technical report of the general government sector that has been disseminated since 2022. This first edition will be presented accompanied by the 2016-2022 web series and the estimation methodology.
INDEC: what the new bank report is about
According to the organization, the SNA institutional accounts allow you to measure the economy in a different way than what we are used to; In the case of the financial sector, transform bank accounting in economic accounting. With the presentation, for the first time in Argentina, of the financial companies subsector, It will be possible to analyze how these entities generate, distribute and invest their income.
In other words, the sequence of accounts of the Central Bank and commercial banks follows the trail of how these entities obtain and use money, with income from productive activity, income from their own assets and transfers.
The importance of economic accounting lies in the standardization of the accounts of different entities, which allows their comparison and guarantees completeness, consistency and coherence between them. In addition, it ensures comparability with the economic accounts of other countries.
Source: Ambito
