Overview
- Banco Nación (Argentina) increased its UVA mortgage rate for payroll clients to 6% TNA from 4.5%, with a 12% TNA listed for non‑clients or higher‑value properties, marking its first hike since the 2024 relaunch.
- Access standards at Banco Nación drew mixed reports, as the bank told El Cronista its scoring criteria remain unchanged, while La Nación reported a recent increase to roughly 909 points that would narrow eligibility.
- The Argentine state lender reported an operating surplus of AR$521.4 billion through September 30 after cutting about 2,000 jobs and reducing its branch network to 652, while keeping loan irregularity at 2.1% to August.
- Banco Nación is preparing a first international debt placement of about US$600 million targeted to list on Nasdaq, according to sources, as its conversion to a sociedad anónima remains suspended by a court order under Supreme Court appeal.
- Banco de la Nación (Peru) is promoting a Multired personal loan of up to S/99,999 for public‑sector workers and pensioners with terms up to 72 months and no guarantors through December 27, 2025, and it offers mortgages up to 90% financing with a 25‑year cap, an age limit of 74 years 6 months and a minimum income of S/800.