Overview

• In Argentina, major banks reduced 30‑day fixed‑term rates for the second time in two weeks after a drop in the dollar, with most offers now clustered in the mid‑30s to low‑40s nominal annual range.
• According to the BCRA’s updated comparison table, recent examples include Banco Nación at 36%, Santander at 35%, Galicia at 35.25%, Provincia at 34%, BBVA at 35%, Macro at 38.5%, Credicoop at 34%, ICBC at 31% and Hipotecario at 40%.
• The BCRA publishes a daily comparator of 30‑day deposit rates reported by banks, giving savers a centralized tool to check current offers and shop across institutions.
• A practical illustration shows ARS 2,500,000 placed for 60 days at a 35% nominal annual rate yields ARS 143,835.62 in interest, using Banco Nación’s simulator figures.
• In Peru, a September 25 review of bank websites found top advertised fixed‑term yields slightly above 5%—with campaigns such as Oh! at 5%–5.25%, Efectiva at 5.25% for 360 days and Caja Municipal del Cusco at 5.25%—and analysts expect rates to ease further following BCRP reference‑rate cuts.