Banking Sector

Blue Dollar Updates

Argentine Loan Defaults Soar to 15-Year High

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In October, the delinquency rate for Argentine household loans with banks climbed to 7.8%, marking the highest level recorded since the Central Bank initiated its data collection in 2010. The figure indicates a 5.5% increase year-on-year relative to 2024, a period during which irregularities in loan repayments to families were just above 2%. A report … Read more

Milei’s Election Struggles Sink Argentina’s Banks to Five-Year Low

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Banks in Argentina experienced their most challenging outcomes since the pandemic, coinciding with President Javier Milei’s aggressive efforts to stabilize the currency ahead of the midterm elections. Private banks suffered losses in the third quarter alongside a significant rise in the nation’s loan delinquency rate — now at its highest point in over 15 years … Read more