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Argentine 30-Day Peso Deposit Rates Steady Near Mid‑20s as Smaller Lenders Top 33%, BCRA Data Show

Homebanking pays more than branch counters, making the central bank’s daily comparator the key tool for deciding where to place short‑term pesos.

Overview

  • BCRA’s Feb. 24 table shows major banks’ online 30‑day TNAs clustered around 23%–28%, with Banco Nación and Provincia at 25% and Banco Macro at 28%.
  • Several regional and smaller institutions post higher offers near 32%–34% TNA, including Banco BICA (33%), CMF (33.5%), Voii (33.5%) and Meridian (33.25%).
  • Channel gaps persist: typical branch counters pay about 20.50% TNA versus roughly 25.00% via homebanking, materially lifting one‑month returns.
  • Illustrative math: at 25% TNA, ARS 7,000,000 placed for 30 days generates about ARS 143,835 in interest, while ARS 300,000 yields roughly ARS 6,164 online versus ARS 5,055 in branch.
  • Rates can change day to day and many banks allow online placements for non‑clients, so checking the BCRA comparator and each bank’s homebanking before booking is advised.