Banks will charge higher rates to those who draw credits in the jurisdictions that have the highest taxes

Banks will charge higher rates to those who draw credits in the jurisdictions that have the highest taxes

February 21, 2025 – 09:54

The Central Bank (BCRA) made an order made by banking associations and authorized them to collect differential rates for districts.

Banks announced that they will charge higher rates to credits in some jurisdictions. He was authorized by the Central Bank (BCRA) replied a note sent by the banking associations and in which they ask to collect differential rates for districts. The intention of the banks is to be able to do it in those municipalities or provinces where they are charged.

“We have an express authorization to do so: we are the four banking chambers of the country making a survey of the areas with the highest rates,” said sources from the sector: “The bank that you want can already collect more to compensate, although each one will fix Your policy. For now, the cameras achieved the authorization and we are relieving the areas of greater rates, so that each bank decides. “

From the banking associations they assured that they are completing the business information with the tax and fees detail that tax and affect the consumer and productive credit. “We have not done anything about private banks but we are discussing how to carry it forward. First we probably want to talk to politicians to anticipate it and perhaps avoid having to do it. Above all, in municipalities“The bankers warn.

BCRA regulations: Does it allow it?

BCRA regulations authorizes entities to collect differential ratesregardless of taxes or not to charge them in each place, all they cannot be discriminated against by religion or by sexual inclination, but by geographical place.

Immediately, the National Bank and the Cordoba Municipality of Jesús María agreed to a strong decrease in municipal rates. The collection of the tax was suspended by a precautionary measure granted in favor of the National Bank by Federal Court No. 1 of the city of Córdoba.

Source: Ambito

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