After the Central Bank rate reduction he National Bank ordered a new reduction in the interest rate for the MSMEs, large companies and for the “individual” segmentstarting this Monday the 6th, which will facilitate access to credits both for productive investments and working capital, as well as for the consumption of goods and services.
With respect to companies, the rate for productive investment of the BNA fell 9 points, with which it went from 35 to 26%, with a maximum term of 6 years.
In the case of credits for working capital, the reduction was 7 points (from 40 to 33%), with terms available from 6 months and, for some operations, up to 3 years.
Likewise, the BNA also resolved to improve the conditions for financing in dollars, with a fixed rate of 1.5%.
Credits: what are the benefits for individuals
In relation to the so-called “individuals” segment and, specifically, people who receive their salaries through the BNA, a reduction of 6 percentage points was established in the fixed interest rate, and it went from 50 to 44%, with terms ranging from 12 months to 5 years. This modality will take effect from Tuesday, May 7.
Regarding retirees and pensioners, the BNA also decided a reduction of 6 points, with which The interest rate goes from 46 to 38%, with a maximum term of 60 months, line that will be valid from May 7.
As an example, a client who receives his salary in the BNA, for a loan of $ 1 million, for 36 months, would pay an approximate monthly payment of $ 58,200, while, in the case of retirees and/or pensioners, the fee would be around $53,600.
Loans for the so-called “open portfolio” segment also benefited from a drop in the interest rate: from 65% to 60%, with a maximum term of up to 5 years.
Benefits for the “Non CENDEU” segment
In addition, the BNA reduced the interest rate from 40 to 30% for the so-called “Non-CENDEU” segment, which are those that do not appear until December 31, 2023 in the BCRA Debtors Central. Through this line, Financial assistance of up to $10 million is granted, for a single term of 24 months, to thousands of clients.
How you can request loans through Banco Nación
In relation to loans, it is very important to know that – in addition to the option of applying in person at any branch in Argentina – the different lines of loans can be managed through the “BNA+” App.
Source: Ambito
