Please standby, we are about to begin. Welcome to the Grupo Financiero Galicia Second Quarter 2013 Earnings Release Conference Call. This call is being recorded. At this time, I would like to turn the conference over to Mr. Pablo Firvida. Please go ahead, sir.

Thank you, [Nikki]. Good morning, ladies and gentlemen. Welcome to the Grupo Financiero Galicia second quarter of fiscal year 2013 conference call. I’m Pablo Firvida, Head of Investor Relations. With me today are some members of the management of the Bank and Grupo. We want to thank you for attending this call. I will make a short introduction in order to explain the operating conditions under which the reported results have occurred and summarize the Bank’s performance during the quarter. Then we will take your questions. Some of the statements made during this conference call will be forward-looking statements within the meaning of the Safe Harbor provisions of the U.S. Federal Securities laws. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. According to private estimates, the Argentinean economy showed a strong recovery of 5.5% annual growth for the second quarter of 2013 as compared to the same period of 2012, and to a 0.1% year-over-year contraction in the first quarter of 2013. In the first two months of the second quarter, national fiscal revenues increased 33% year-over-year, while primary expenditures grew 35% year-over-year. The primary surplus amounted to 3.1 billion pesos and after interest payments of 6.8 billion pesos. The global balance for that period was 3.7 billion pesos deficit. Consumer prices expanded 2.3% in the quarter as measured by the official index and 4.9% according to private estimates, while annual inflation rates as of the end of June reached 10.5% on 23%, respectively. On the monetary front, the Argentine Central Bank expanded the monetary base by 5.3 billion pesos in the second quarter and the exchange rate increased from 5.08 pesos to 5.33 pesos per dollar, representing a depreciation of 4.8%. In June,…

(Operator Instructions) And we’ll take our first question from Santiago Ruiz with Raymond James.

Hello Pablo. My question is how do you see the loan book evolving by the end of the year? Thank you.

Okay. Hi Santiago. We are forecasting loans growing around 33% for all 2013. The breakdown between individuals and corporate is similar to the second quarter breakdown, so no changes.

Perfect. Thank you.

You’re welcome.

And as I see, we have no further questions in the queue at this time.

Okay. Thank you everybody for attending this call. If you have any questions, please do not hesitate to contact us. Good morning.

This concludes today's conference. We thank you for your participation.