Particle.news
Download on the App Store

Argentine Banks Offer 30-Day Fixed-Term Yields of 16.5% to 21.5%

Banks have cut payouts in line with looser central bank policy under Javier Milei.

Overview

  • The bank sheets published Friday show 30-day annual nominal rates (TNA) clustered between 16.5% and 21.5% across major lenders.
  • Posted rates include Banco Macro and Banco Provincia at 21.5%, BBVA near 20.5%, Banco Nación at 19%, and Santander at 16.5%.
  • Banco Nación applies a tiered rule that pays 20% TNA for deposits above 10 million pesos and 19% for smaller amounts.
  • A Banco Nación simulator shows that 33.5 million pesos earns 550,684.93 pesos in interest over 30 days.
  • A 750,000‑peso 30‑day deposit at Banco Nación made online returns 11,712.33 pesos, which helps small savers plan monthly cash flow.