Overview
- Household loan delinquency has climbed to roughly 12% for families, with arrears in fintech and other non‑bank lenders reported near 30–31.5%, signaling acute payment stress among consumers.
- The IMF has highlighted the risk from rapid growth in non‑bank credit, noting that credito no bancario represents about 15% of bank credit and urging stronger supervision of fintechs and digital wallets.
- Banks have responded by lowering UVA mortgage rates — 12 lenders have cut offers, seven in a single recent week — and some public and provincial banks now quote among the market’s lowest initial installments.
- Major lenders including Banco Nación and Banco Provincia rolled out refinancing programs to ease household burdens, with Banco Nación offering debt consolidation up to $100 million and terms up to 72 months under specific eligibility rules.
- Deposit markets are shifting as remunerated digital wallets and fintech accounts raise returns and offer immediate liquidity, drawing savers away from traditional 30‑day fixed deposits and reshaping banks’ funding costs.