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Banks Ease Peso Term-Deposit Rates, With Nación at 43% and Leaders Near 48%

Competition unleashed by BCRA deregulation keeps offers elevated despite recent cuts.

Overview

  • Fresh rate tables on September 21 show 30‑day TNAs dispersed from roughly 30% to 48%, with many banks near the low‑40s.
  • Banco Nación lists a 43% TNA in its electronic channel, and a ARS 250,000 placement at that rate yields ARS 8,835.62 in 30 days.
  • Top quoted payers include Banco VOII at 48%, REBA at 47%, and Meridian and Crédito Regional at 46.5%, while large banks such as Santander and BBVA post rates in the high‑30s to low‑40s.
  • Outlets report that banks trimmed yields after recent volatility, leaving returns still above August inflation of 1.9% but less compelling for savers tracking the latest dollar move.
  • Media guides highlight online simulators and note that non‑clients can open deposits digitally, including an example showing ARS 3.68 million earning just over ARS 130,000 in 30 days at 43% TNA.