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2mo ago

Argentine Banks Reset August Credit Terms Across Inflation-Linked Mortgages and Personal Loans

High inflation coupled with liquidity reforms has driven banks to adjust income thresholds, expand credit caps, ramp up digital lending.

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El programa \'Construyo mi Casa\' del IPV permite acceder a un crédito hipotecario para construir en terreno propio.
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Overview

  • UVA mortgages of AR$100 million now require monthly incomes between AR$2 million and AR$4 million, with Banco Nación financing up to 75% at a 4.5% nominal rate over 30 years and initial payments from AR$304,011.
  • BBVA’s online personal loans carry TNA rates of 94–95% for amounts up to AR$40 million (AR$70 million in branches), demand a minimum income of AR$308,200 and cap installments at 30% of net earnings.
  • General personal credit lines are capped at AR$100 million at Banco Nación and AR$50 million at Banco Provincia, with maximum repayment terms of 72 months and income-based installment limits.
  • Banco Nación provides retirees with up to AR$50 million under its Nación Previsional program and Banco Provincia offers up to AR$20 million, both featuring adapted rates and flexible tenors.
  • Mendoza’s IPV Construyo Mi Casa program delivers construction loans with monthly installments of AR$243,000–AR$520,000 for families earning AR$1.2 million to AR$2.6 million, blending 15% savings with UVA-linked financing.