Bank Absence Grows Among Argentine Families · Global Voices
12 Articles
12 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…
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…
As a result of high lending rates, household loan defaults climbed to 4.5% in May, the highest level since October 2021. In April, the percentage had been 3.7%. Personal loans had the highest non-performing loan ratio, reaching nearly 6%. The data comes from the Banking Report published by the Central Bank (BCRA). According to this survey, personal loans had the highest non-performing loan ratio in the fifth month of the year. In this segment, n…
The late payment in the Argentine financial system showed a deterioration during May, with an increase in the indicators of non-compliance both in the loans granted to households and in the financing to companies. This is reflected in the latest data published by the Central Bank, which warn of an increasing trend in the levels of irregular payments of the private sector. The late payment ratio of the total credit to the private sector amounted …
In the last time there was an increase in the late payment of private sector bank balances. According to data from the Central Bank itself, the rise impacted both on loans to households and on the financing of companies, including loans and credit cards. The irregularity of the credit to the private sector ...
The late payment of private sector bank balances increased during May, according to data from the Central Bank. To which sectors it affects to a lesser extent. Read more
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