The Central Bank of Argentina has published its approved 2025 financial statements, reporting a record ARS 34.3 trillion profit and net worth of ARS 51.3 trillion, up 66.3% from a year earlier. The bank linked the result to continued balance sheet repair, citing better asset quality, higher international reserves and a sharp fall in interest expense after reducing remunerated liabilities. Assets rose 25% to ARS 187.6 trillion, while liabilities increased 14.3% to ARS 136.3 trillion. International reserves rose 59.6% and reached USD 41.095 billion at 31 December 2025, supported by the National Treasury’s repurchase of intransferable notes using USD 14.5 billion from the IMF arrangement, USD 3 billion in REPO operations with foreign banks, and higher gold prices. Earnings were also helped by a 66.4% increase in net trading gains, a 92.7% drop in lost interest and indexation charges, and an 84% cumulative reduction in currency issuance expenses. As part of its convergence to generally accepted professional accounting standards, the bank retrospectively changed the accounting treatment of repo transactions on 2024 balances and said it identified no other material measurement differences. Of accumulated results of ARS 35.8 trillion, the board allocated ARS 11.4 trillion to capitalization and the general reserve and made the remaining ARS 24.4 trillion available to the National Treasury under article 38 of its charter. For 2026, the bank said it will continue cleaning up its balance sheet and accumulating reserves under the pre-announced reserve purchase program announced on 15 December 2025.