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2mo ago

Banco Macro Rolls Out Dollar Mortgages and Personal Loans for Select Clients

The offering uses market-placed notes for funding under a 2025 central bank rule that reopened dollar lending.

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El banco presentó un préstamo hipotecario en dólares destinado tanto a la compra de primera como de segunda vivienda. La línea ofrece una tasa fija del 11,5% nominal anual, con un plazo de hasta 60 meses y un monto máximo de hasta u$s1 millón.

Overview

  • The bank is offering a fixed-rate mortgage in U.S. dollars at 11.5% nominal annual rate for up to 60 months, capped at US$1,000,000 and up to 50% of the appraised value with French amortization.
  • A dollar personal loan is available at a fixed 9% nominal annual rate with a single bullet repayment at 12 months, positioned for clients needing bridge liquidity before a property sale.
  • Access is limited to the Macro Selecta segment, which requires clients to hold at least ARS 4.7 million in balances or investments under the bank’s criteria.
  • Banco Macro states the foreign-currency funding comes from its placements of negotiable obligations in the capital markets rather than central bank lines.
  • The bank said it plans to introduce dollar-denominated auto loans at participating dealerships with terms up to 36 months.