Overview

• System-wide delinquency reached 3.2% in July, with the household ratio at 5.6–5.7%—the highest since the BCRA’s series began—and corporate loans at 1.2%.
• Personal loan irregularity climbed to roughly 7.2–7.3% and credit card delinquency rose to about 4.8–5.3%, marking the deepest deterioration among major consumer lines.
• Mortgage arrears stayed low and did not increase, reported around 0.9–1.4%, as banks added more than 4,200 new mortgage borrowers in July and roughly 34,000 over the past year.
• Signs of payment-chain stress intensified as rejected checks for insufficient funds rose in July to 1.41% by count and 1.11% by value, exceeding the year’s average.
• Analysts link the worsening indicators to rate volatility and tighter funding conditions since late July, warning that if pressures persist, August and September figures could further weaken.