Banco Nación wanted
to honor in some way the 40 years of the return of Democracy
to Argentina and decided to do it with
a new line of credit
available to both individuals and companies
with rates of 40%
, not just less than half of inflation. expected for this year (which already exceeds 100%), but almost half of what a fixed term pays today.
The conditions are so advantageous that on Twitter there were already those who recommended taking the loan, and then seeing what they could spend it on.
Or directly
put it in a fixed term with rates of 78%
, which is what banks currently pay, including the Nation.
The new line has $10,000 million available to lend, under special conditions, to small and medium-sized companies, retirees and workers who collect salaries in the entity.
"On Memorial Day and for the 40th anniversary of the restoration of democracy, the president of Banco Nación, Silvina
Batakis
, announced a financing program for $10,000 million with rates of 40% and special conditions," reported the entity in a statement on March 24.
Batakis made an announcement at the entity's headquarters together with the general manager, María Barros, and the head of the La Bancaria union,
Sergio Palazzo
, during an act for the 47th anniversary of the coup, in tribute to the 31 employees arrested and missing.
The line of personal loans for retirees, pensioners and those who receive their assets through the Nation contemplates
a term of between 24 and 40 months
, with a maximum amount of
up to $1 million
and a fixed annual nominal rate of 40% during the first year. ,
to then go to 48%.
On the bank's page, however, they clarify that in addition to having to collect their assets through Nación
, people should not be informed in the Central Debtors of Banco Nación as of December 2020.
Nor will the loan be given to those who receive income greater than the equivalent of 4 minimum, vital and mobile wages.
With the minimum salary for March ($69,600) there would be income of $278,000 and, from April, with the SMVM of $80,342,
the limit to take out the loan will be $321,368.
In the bank they add that in this case the credit does not have a predetermined destination, but that it is "without verification of the application of funds."
The
fee calculated for thirty days must not exceed 35% of the applicant's net income.
And it is necessary to have a seniority of three months at work.
For example, for a loan of $100,000 for 24 months, the value of the first installment will be $6,818.77.
This is that the nominal rate of 40% has an annual nominal financial cost of 50.44% and an annual effective rate (TEA) of 63.90%.
Another of the lines of the program is intended for the
segment of microenterprises created by monotributistas or registered managers
.
It is a loan
with a single signature guarantee
and destined for investment and working capital.
In this case, the amortization term will be from 24 to 40 months, and 18 months, respectively, and will have a combined interest rate that was established at 40% Fixed TNA and then 53%.
Regarding the
loans for SMEs,
the destination of the credit line will be for
investments in general
and for recomposition of
working capital
, with a combined nominal annual rate of 40%, during the first year, and
then Badlar plus 7
percentage points.
annually for the remainder of the period.
"The maximum amount to be lent will be
up to $40 million for investments and up to $10 million for working capital
. The term reaches
up to 60 months
for the first case and up to 18 months for the second," the entity reported.
NE
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