The decision was made after the Central Bank (BCRA) reduced the monetary policy rate from 80% to 70%.
He Banco Nación (BNA) announced that he returned to lower credit rates for SMEs and big enterprises in an order of 14%as well as reduced the cost of financing machinery for the agro-export sectorin this case to 51.6%. The decision was made after the Central Bank (BCRA) would reduce the monetary policy rate from 80% to 70%.
“Our work agenda has to do with lending to companies, regardless of whether they are micro, small or large. We have the vocation to promote investments in the entire productive field of Argentina,” said the president of the entity, Daniel Tillard.
What will be the new financing rates for SMEs and large companies?
The BNA provided for the SMEswith a valid certificate, a 16-point reduction in working capital loanswith a 180-day interest rate that went from 59% to the 43%meanwhile, for clients of the Agro segmentfell the same percentage, but within a period of up to 300 days.
In relation to the funds intended for investment for Large Companiesthe entity located the fixed rate in the 44% (15 points less than the one in force until last Monday, April 15), for a maximum term of 3 years.
Regarding the operations for productive investment of SMEsa 13% rate decreasesince went from 51% with BADLAR to 38%for a period of 3 years.
Benefits for clients of the “Business Banking” segment
For him microbusiness segment and, in particular, for those who have “BNA Commerce Account” and operate through “+Nation Payments”a line of credit was launched for working capital for a maximum amount of $15 million, with a fixed rate that fell from 65% to 48%.
The BNA also resolved a reduction in financial assistance for SMEs agricultural, which suffered from inclement weather. For these cases, the laces of the 99% to 60% fixed for destiny Investmentwhile for working capital the rate fell from 112% to 65%fixed.
In addition, The rate for the “Document Discount” operation decreased by 11.4%which will benefit thousands of small and medium-sized companies that use this financial modality for the normal operation of their productive and commercial actions.
Source: Ambito
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