Before traveling to the United States, President Javier Milei signed the decree to transform the National Bank In a corporation. The entity had been excluded from the list of companies to privatize from the Base law. Its owner, Daniel Tillard, It promotes its reform. In September, Federal Justice warned the Government that if it eventually advances with privatization, it must go to Congress.
The presidential spokesman, Manuel Adorni, He confirmed tonight the decision of the national president to deepen the state reform agenda with the transformation of the bank. “The President of the Nation has just signed the decree that transforms the Bank of the Argentine Nation into a corporation. God bless the Argentine Republic. End”he said.
He Decree 116/2025, Published in the Official Gazette, it provides in its article 1 “the transformation of the autarchical entity Banco de la Nación Argentina in Banco de la Nación Argentina Sociedad Anónima (BNA SA) in the orbit of the Ministry of Economy, in accordance with the provisions of this Decree, under the regime of the General Law of Companies No. 19,550 – to 1984, as a continuator of the autarkic entity in all its rights and obligations and subject to Law No. 21,526 “.
The measure, which carries the signature of Milei, Guillermo Francos and Luis Caputo, points out that the shareholders of the BNA SA will be: the national state with 99.9% of the share capital, which “will exercise all their rights through the Ministry of Economy “, and the Banco de la Nación Argentina Foundation, who will have the ownership of 0.1 % of the share capital.
From his appointment as head of the BNA, Daniel Tillard He pushed the libertarian agenda in pursuit of the entity’s conversion into a corporation, which could become a previous step for partial or total privatization. Recently, through a statement, the bank reaffirmed the plans promoted by Milei.
“The transformation into SA is essential for the bank Continue increasing loans in favor of SMEs and families. To sustain that growth, the institution will need to expand its funding, which can be done by opening its capital, for which It is essential that become a corporation and have the approval of Congress“The banking entity explained in a message posted on its official website on January 27.
During the last year, the entity broke an annual record in credits as it closed 2024 with disbursements to companies and families for more than US $ 15 billion, and increased participation in total loans from the entire Argentine financial system from 11.4 to 17.6%.
In the January statement, the National Bank He informed having closed “his special transformation balance as 12/31/2024” and said that “the new corporation will have assets for $ 48 billion, deposits and other obligations for $ 33 billion. Meanwhile, the Net Heritage (PN) of the Sa would amount to $ 15 billion. “
Initially, the original project of law Bases sent to Congress by Milei included al BNA within the list of companies to transform and, eventually, privatize. However, during the discussion in Congress it was excluded, in the same way that it happened with Aerolineas Argentinas and YPF.
In addition, Federal Court No. 2 of La Plata, by the subrogant federal judge Alejo Ramos Padillaresolved in September 2024 that, despite the provisions of the MEGA DNU 70/23, in which its privatization was promoted, the current norms do not allow it but also To do so, it is necessary that the Congress by one formal law.
Salaries: Javier Milei’s government confirmed a new increase for public employees
The government officialized the approval of a salary agreement reached with the unions of the National Public Administration. He Decree 112/2025 establishes salary increases for permanent and non -permanent personnel, with increases of 1.5 % since January 2025 and 1.2 % since February 2025.
It also sets the amounts of various compensation and per diem, as well as remuneration for national medical residents. In addition, it confirms the competition ofl Ministry of Human Capital in the collective bargaining of the public sector and details provisions on salary stops and non -bonus sums.
Source: Ambito
