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2h ago

Argentine Banks Cut 30‑Day Peso Deposit Rates as BCRA Benchmarks Fall

A drop in BCRA reference rates alongside a calmer dollar pushed most big‑bank 30‑day offers below 40%.

Con las últimas tasas, te mostramos cuánto hay que invertir en un plazo fijo para lograr un rendimiento de $90.000 (Imagen ilustrativa).
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El plazo fijo sigue siendo una buena opción para los ahorristas (Imagen ilustrativa).
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Overview

  • Most large institutions now quote 30‑day TNAs under 40%, with Banco Nación at 36% online and 29.5% in‑branch, Santander and BBVA at 35%, Provincia at 34% and Ciudad at 31%.
  • Rate dispersion persists as several regional and digital players still pay 40%–45% TNA, including VOII, del Sol, Córdoba, Meridian, CMF, Bica, Reba and Crédito Regional.
  • Market references slid after central‑bank signals, with TAMAR near 41% TNA and BADLAR around 39.25% for comparable wholesale deposits reported this week.
  • For savers, a $1,000,000 30‑day deposit now returns roughly $1,025,000–$1,037,000 depending on the bank, creating gaps of up to about $12,000 per million in a single month.
  • Some banks promote dollar fixed terms to retain FX balances, yet nominal dollar yields remain very low, exemplified by Banco Nación’s 2.5% annual rate amounting to about $2.67 on $1,300 in 30 days.