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Tag: credit

Due to the boom in QR payments, they are calling for interoperability to reach into credit cards

QR payments have exploded in Argentina, driven by the central bank's interoperable system launched in partnership with fintechs and banks nearly two years ago...

What are the consumptions that Argentines prefer to pay with credit and debit cards

Although credit cards are used less (and consumption with debt is on the rise), there are expenses that people "card" more than before, especially...

Rate hike sent credit tumbling in 2022: Loans down more than 14% on inflation

Bank loans are usually a good gauge of activity. Last year, due to an economic slowdown, but mostly to an extraordinary increase in...

Paying for credit card purchases is down 6% in one year, despite skyrocketing inflation

In a context of very high inflation, the a striking phenomenon. Argentinian consumers are doing a less use of credit card, the line...

Tax burden: almost half of the interest on a credit installment goes to pay taxes

The banks once again insist that the tax burden on the financial intermediation activity is a barrier to credit expansion in Argentina. The other,...

Axel Kicillof has announced discounts for the holidays and the summer with Conto DNI and Banco Provincia credit cards: what will they be?

In view of the 2023 summer season, the governor of Buenos Aires, Axel Kicillofannounced this Wednesday at series of discounts up to 40% for...

Green vineyards with cheaper credit

The Domaine Jean Bousquet SA winery negotiated for the first time instruments with a green label in the Argentine stock market. Portfolio Investment...

Due to the increase in rates, the cost of the credit card summary “kick” becomes more expensive

The "b" side of the rate hike that the Central Bank faced this Thursday will be a new rise in the cost of credit....

After the soybean dollar, the Central Bank has made it more expensive to credit producers

The Board of Directors of the Central Bank of the Argentine Republic (BCRA) has set the minimum rate for financing producers who maintain a...

Marina Dal Poggetto: “Without credit, without money and inflation of 7% per month, the ability to graduate was lost”

"Any stabilization program requires a horizon and governance. Governance to make decisions that have immediate costs and in the horizon so that those...

The cost of credit card financing already rises to 125% per year

From Friday you pay the minimum card it costs almost 10 percentage points more at the beginning of the month. The cost...

US Senators Ask Biden to Press IDB to Stop $ 500 Million Credit to Argentina

A group of US senators asked the president of that country, Joe Biden, to do so prevent the outlay of $ 500 million...