The decrease in BNA interest rates is in line with the 5 percentage point drop that the Central Bank (BCRA) implemented in its monetary policy rate and thus went from 40% to 35% TNA.
He Nation Bank announced that starting November 20 it will once again reduce the interest rate with which he offers his loans intended for SMEs throughout the country. The document discount is offered from 34% of TNA for a term of 90 days and from 90 days onwards with an interest rate of 35% TNA.
In working capital the entity offers loans of up to 300 days intended for the agricultural sector from 35% TNA fixed rate; while for investment it offers Loans of up to 72 months from a fixed rate of 30% the first 3 years and then BADLAR +4.
The decrease of interest rates of the BNA is in line with the 5 percentage point drop implemented by the Central Bank (BCRA) in its monetary policy rate and in this way he went from 40% to the 35% TNA.
The enormous distribution force of Nation Bankalong with an offer that was the most competitive throughout 2024, allowed it to gain market share until it reached the 18% it currently has.
personal loans
He Nation Bank also has the best offer for personal loans up to 72 months term and from the 50% of TNA in the case of families that collect their salaries in the entity.
On the other hand, in personal loans it is notable that Banco Nación’s participation had sustained growth until it obtained a share of 17%.
“The promise of zero inflation comes alongside our commitment to an abundant supply of credit. Thus we ratify Banco Nación’s commitment to President Milei’s policies. Our bank disburses the equivalent of 80 million dollars per day to finance companies and families. In the case of families we see a greater demand for working capital which shows that the economic recovery is underway,” he stressed. Daniel Tillardhead of Banco Nación.
Source: Ambito
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