In a first stage, the credit program contemplates $10 billion in loans to companies, retirees, pensioners and workers who collect salaries in the entity.
The President of National Bank, silvina batakisannounced the launch of a program of financing for $10 billion.
The same, launched on Remembrance Day and for the 40th anniversary of the restoration of Democracy in the country, It is intended for the personal banking segment and MSMEs, with preferential rates of 40% and special conditions.
Batakis, who was accompanied by the general manager of the BNA, Maria Barros and of Sergio Palazzo, owner of La Bancaria; stressed “the commitment of the Board of Directors, management and all the staff for the launch of this special line that aims to honor the memory of those whom we do not want to forget”.
The program contemplates financing for micro, small and medium-sized enterprises (MiPyMEs) from all economic sectors, which have a salary agreement and comply with the reciprocity conditions with the entity. The destination will be for investments in general and for recomposition of working capital.
For the first year the plan will have a nominal combined annual rate of 40% and then it will be BADLAR plus 7 percentage points per year (PPA) for the rest of the period. The maximum amount to be lent will be up to $40 million for investments and up to $10 million for working capital. The term reaches up to 60 months for the first case and up to 18 months for working capital.
Another line of the program is intended to finance individuals belonging to the micro segment. It is a loan with a single signature guarantee and destined for investment and working capital. The amortization term will be from 24 to 40 months, and 18 months, respectively, and will have a combined interest rate that was established at 40% Fixed TNA and then 53%.
Finally, the line of personal loans for retirees, pensioners and retirees in general and for those who receive their assets through the BNA. The destination is wide, with 24 and 40 month terms, with a maximum amount of up to $1,000,000 and with a fixed annual nominal rate of 40% during the first year, and then 48%.
The announcement was made at the ceremony for the 47th anniversary of the last civic-military coup that took place in the entity’s Central Hall, where the 31 detained and disappeared employees of Banco Nación, victims of State Terrorism, were honored.
Source: Ambito
