US EditionBanks Raise the Rate of Fixed Installments and Approach 40% - Diario Panorama
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Financial institutions adjusted their yields to capture deposits, in a context marked by lower liquidity in pesos. Government measures to absorb circulating assets had a full impact on short-term rates.
Following the Government's latest measures to restrict liquidity, banks increased fixed-term rates, which are already around 40 per cent per annum.
The digital wallet DNI Account of the Banco Provincia continues to expand its offer of services, facilitating access to the financial world for all. In a matter of days, after the launch of the option to invest in fixed terms through its application, the bank has reported a remarkable response: more than 15 thousand fixed terms constituted in just three days, accumulating a total amount of 17.8 billion pesos. What new functions are offered to us…
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