Overview
- The average 30‑day nominal annual rate fell to about 32.1% from 36.9% over the past week, a drop of 4.8 percentage points.
- BCRA’s November 10 table shows large banks clustered near 24%–32% TNA, including Banco Provincia at 24%, Banco Nación at 29%, Macro at 32%, ICBC at 30.1%, Santander at 27%, Galicia at 25%, BBVA at 27% and Ciudad at 28%.
- Channel differences persist, with Banco Nación’s simulator showing 25.5% TNA in branch versus 29.0% via electronic channels for the same 30‑day term.
- Smaller and digital players publish higher yields, with examples such as Voii at 36%, Meridian at 35% and Columbia listed at 46% for online placements.
- For savers, a 30‑day deposit of $1,000,000 now returns roughly $1,019,000–$1,029,000 at maturity depending on the institution and channel.