Overview
- Argentine bank executives expect credit to resume next year and delinquency to ease after a difficult third quarter driven by pre-election uncertainty, tighter policy and rising arrears.
- Signs of stabilization emerged in the fourth quarter as bond prices recovered and interest rates fell, though banks caution that morosity will take longer to normalize.
- ADEBA’s Francisco Gismondi says banks hold sufficient capital but face tightening liquidity and the absence of a long-term peso curve, limiting durable lending.
- Market participants emphasize macro stability and legal certainty to mobilize large household savings and rebuild the capital market after decades of distrust.
- Mexico’s ABM projects growth above 1% in 2026 and above 2% in 2027, expects infrastructure projects to start, and urges clear, stable rules and stronger rule of law, expressing confidence in nominee Ernestina Godoy.