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2w ago

Argentine Banks Reprice 30-Day Deposits to 33% as Digital Rates Climb to 36.5%

Savers rely on BCRA’s daily web tables to navigate a market in which branch rates average 33%, with digital-only channels peaking at 36.5%.

Cuánto dinero se necesita para ganar $340.000 al mes con un plazo fijo a 30 días.
La inversión necesaria para ganar $395.000 en 30 días varía según la tasa que ofrece cada banco (Imagen ilustrativa).
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Overview

  • After the BCRA’s July 3 decision to set a 30.5% policy rate, banks across Argentina repriced 30-day fixed-term deposits, converging offers at roughly 33% TNA.
  • Digital-only platforms continue to pay a premium, with Banco CMF S.A. and REBA topping the table at about 36.5% and 36% TNA, respectively.
  • The central bank’s removal of liquidity bills in late July has directed more funds into peso deposits, intensifying competition among banks.
  • Savers, contending with monthly inflation near 2%, are flocking to fixed-term deposits as a low-risk hedge against currency volatility.
  • Yield dispersion remains wide—rates span nearly 19 to 37 percentage points—prompting customers to use BCRA’s TEM table and bank simulators to shop for the best returns.