Overview
- On January 5, Argentina’s central bank published a bank-by-bank table of 30-day peso fixed-term deposit yields.
- Banco Nación, Macro and ICBC list 23.5% TNA, Banco Provincia offers 22%, Santander, Galicia and BBVA post 21%, Banco Ciudad shows 20.5%, and Credicoop stands at 23%.
- Several smaller or digital players advertise higher returns near 28%, including Banco BICA, Banco CMF, Banco Meridian, Banco Voii, Reba and Crédito Regional.
- Short-term yields have eased in recent weeks, falling from roughly 35% offered by some banks in early November to around 23.5% TNA now.
- At a 23.5% TNA, a 30-day deposit of ARS 1,300,000 earns ARS 25,109.59 in interest, and banks generally enable opening via home banking with options for non-clients.