Don't Just Read the News, Understand It.
Published loading...Updated

Change the Fixed Term: Which Bank Has the Best Interest Rate on Tuesday, June 3

Summary by El Cronista
During November 2024, the Central Bank of the Argentine Republic (BCRA) decreased the Annual Nominal Rate (APR) by 5 per cent due to the prospect of a decline in inflation, resulting in a decrease of more than 100 percentage points in the profits that banks grant through fixed terms. This measure, coupled with the abolition of the restrictions on minimum interest rates, led to a greater competitiveness among banking entities with respect to the …
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

1 Articles

All
Left
Center
Right

During November 2024, the Central Bank of the Argentine Republic (BCRA) decreased the Annual Nominal Rate (APR) by 5 per cent due to the prospect of a decline in inflation, resulting in a decrease of more than 100 percentage points in the profits that banks grant through fixed terms. This measure, coupled with the abolition of the restrictions on minimum interest rates, led to a greater competitiveness among banking entities with respect to the …

·Argentina
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

El Cronista broke the news in Argentina on Tuesday, June 3, 2025.
Sources are mostly out of (0)