Bank Absence Grows Among Argentine Families · Global Voices
17 Articles
17 Articles
In each committee meeting of the banks, the directors analyze closely the evolution of the banking arrears. Within the financial sector, some warning signs were started regarding this issue, after the growth of the credit in the last year was accompanied by an increase of the non-payment balances. It is a reality that, above all, it strikes the Argentine families. The data of May reaffirmed this panorama. The ratio of the irregularity of the cre…
In this kind of cold war that is fought daily between the numbers of the economy highlighted by the Government and some private indices that show how cruel the current economic crisis is for Argentine families, this week a data was disseminated that kills story: since the beginning of the management of Javier Milei, the use of credit cards to make purchases in supermarkets increased by 8%, since it went from representing 39% of the sales of the …
The irregularity in the total stock of loans to the private sector grew from 1.8% to 2.6% between June 2024 and May 2025, highlighted the Report on Banks carried out by the Central Bank (BCRA). In this context, the growth of late payments in credit card financing was highlighted, which doubled in the 12-month period, as it rose from 1.9% to 3.8%. The percentage of loans in an irregular situation in the case of personal loans, which grew from 4.1…
In a year, the non-compliance with the commitments with the payment of plastic doubled. Families cycle the debts to arrive at the end of the month and take personal loans but are late in payments.
The late payment of private sector bank balances registered an increase during May, according to data from the Central Bank. This increase impacted both on loans to households and on the financing of companies, including loans and credit cards. The ratio of credit irregularities to the private sector rose [...] The post Macro Alert: The number of Argentines who cannot pay the credit card appeared first on puntoapunto.com.ar.
The late payment of private sector bank balances increased during May, according to data from the Central Bank. This increase affected both household loans and business financing, including loans and credit cards. The credit irregularity ratio to the private sector rose to 2.6% in May, representing an increase of 0.4 points compared to April. As for late payments per segment, the credit default ratio to households totaled 4.5% in May, showing an…
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