Overview

• Following a bout of volatility that pushed some quotes near 58%, banks have cut 30-day rates to roughly 40% TNA in a calmer peso market.
• Rate dispersion remains wide, with Banco Voii at 48%, Reba at 47% and Meridian at 46.5%, while many major banks post offers between 35% and 43%.
• Banco Nación pays 43% through its electronic channel, yielding about $35,342 on a $1,000,000 deposit for 30 days or roughly $8,836 on $250,000.
• These nominal returns exceed August inflation of 1.9% and projections for 2025, yet they have become less compelling for savers prioritizing dollar exposure.
• With the rate floor removed, each bank prices its own TNA, and savers can compare offers and open deposits online even without being existing clients.