Overview

• Governor Gustavo Sáenz unveiled the Salta Guarantee Fund (FOGASAL) at the XXVIII Foro Iberoamericano in Bariloche and said the enabling bill will be sent to the provincial Legislature next week.
• According to FonRed, the public guarantee system held a total risk fund of $1,774,111 million as of April 30, 2025, reflecting substantial scale across jurisdictions.
• The national FoGAr concentrates the largest share with $1,627,022 million and seven years of operation, anchoring the network’s capacity.
• There are 18 provincial funds at different stages of development, with eleven operational, three pending Central Bank approval and four receiving technical assistance.
• Guarantees carry the Central Bank’s “preferida A” category, funds cover missed installments within 30 days, and the network reports a 1.51% delinquency rate.