Tag: credit
Business
Surprise: The IDB approved a loan for Argentina just hours after its president said otherwise
The government has won a battle against the president of the Inter-American Development Bank, Mauricio Claver-Carone.He knew Clarione sources of the emblematic regional bank...
Business
Fitch sees the risk of default and evaluates the change in Argentina’s credit rating
The worsening of the financial crisis in recent weeks and the high uncertainty experienced by the Argentine economy it could lead the rating...
Business
In one year, purchases abroad by credit card tripled
For the Central Bank, every dollar counts. To stop the decline in reserves, target large foreign exchange seekers and even so-called smallness. This...
Business
Credit cards are a thermometer that anticipates a “cooling” of consumption
The impact of inflation that exceeds 60% per year is causing a drop in the consumption levels of the population, whose income evolves well...
Automobiles
More credit and less cash: the sale of cars for financing is on the rise
In Argentina, the most common way to buy a car is by Cash. six out of ten the transactions are in cash, although the...
Business
Guzmán gave a strong signal to the market: “You must never stop paying credit in your own currency”
After two consecutive days of sharp market crash: in two days, pesos bonds lost 15%, dollar bonds fell to their lowest since the...
Business
Inflation and high rates explain why credit remains flat compared to a year ago
Bank lending to businesses and households is usually a activity indicator. In May, with inflation estimated at around 5%, credit to the private...