After the first hours of the regulations coming into force, the majority of proposals for interest rates by banking entities are already known.
The Central Bank (BCRA) surprised the market with a sharp drop in monetary policy rates, taking the cost of borrowing to 80% nominal annual rate to “boost consumption and encourage economic investment”, at the same time that the minimum rate on fixed terms is eliminated, with the aim of promoting “greater competition in the banking field and providing consumers with more favorable conditions.” favorable for your savings and investments.
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As expected, banks quickly changed their interest rates to fixed-term placements in pesos per below the raised by the body in charge of Santiago Bausilli, cutting the interest rate up to 40 points.


Fixed term ranking
In this way, after the first hours of the regulations coming into force, the majority of proposals for interest rates by banking entities are already known.
However, first it is necessary to make an example with $100,000. If you make the fixed term today, you will receive $105,753.42 within 30 days, that is, the initial capital plus $5,753.42 of interest, with a 70% ratethe smallest raised so far by the banks, and a yield of 5.75% monthly.
Banks and their TNA
- Ualá (Uilo) – 77% TNA
- Supervielle – 76.2% TNA
- Bica Bank – 76% TNA
- BiBank – 76% TNA
- Regi Credit
- Province – 75% TNA
- Macro – 75% TNA
- City – 75% TNA
- Mortgage – 75% TNA
- Meridian – 75% TNA
- Current Bank – 75% TNA
- Banco Nación – 75% TNA
- Banco del Chubut – 75% TNA
- Banco del SOL – 75% TNA
- Voii Bank – 75% TNA
- Comafi – 73.5% TNA
- Tierra del Fuego Bank – 73% TNA
- CMF Bank – 72%
- Patagonia – 71% TNA
- ICBC – 70% TNA
- Galicia – 70% TNA
- Santander – 70% TNA
- BBVA – 70% TNA
- HSBC – 70% TNA
- Santa Fe Bank – 70% TNA
- Banco Entre Ríos – 70% TNA
- Banco San Juan – 70% TNA
- Santa Cruz Bank – 70% TNA
- Bancor – 70
- Dino Bank – 70% TNA
- Masventas Bank – 70%
- Credicoop – 70% TNA
It should be remembered that the wallets have not yet adjusted, but they are going to do it in the next few dayswhich will be reflected in each of their applications.
Source: Ambito

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