BCRA Clears Banks to Distribute Up to 60% of 2025 Profits in Three Monthly Installments Starting May
The move limits payouts to approved 2025 earnings within a cautious loosening of currency controls.
Overview
- BCRA’s board formalized the decision in Comunicación A 8410 on March 19, authorizing partial profit distributions for 2025.
- Banks may pay up to 60% of last year’s profits, calculated after required legal and statutory reserves.
- Payments must be in pesos and made in three equal, non‑cumulative monthly installments beginning on the third business day of May.
- Distributions require prior regulatory approval and must align with each bank’s submitted business plan and capital self‑assessment.
- Only 2025 earnings are eligible, bringing banks in line with broader dividend easing while low 2025 profitability (ROA ~1%, ROE ~4.4%) limits the amounts.