Overview
- 30-day fixed-term deposit rates now range from 28.5% to 38% TNA across Argentina’s banking system.
- Digital-only banks such as Banco CMF and Banco Meridian lead the market with top online TNAs of 38%.
- Major traditional lenders have boosted electronic yields, with Banco Nación at 37% online versus 27.5% in-branch.
- The BCRA’s elimination of minimum rate floors, benchmark rate adjustments and daily TEM/TNA disclosures have intensified competition and transparency.
- Savers are using official BCRA tables and bank simulators to calculate the precise capital needed for target monthly gains with near-2% monthly inflation.