Interest Rate of Credit Operations, Financing subject to interest rate regulation by the Central Bank of Argentina

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This circular amends the Argentine Cooperatives Law No. 26.173. Interest rates can now be concerted freely as long as they comply with their specific regimes. Additionally, the circular requires the referential interest rate to be published by the Central Bank every ninety days.

Among its other provisions are, the circular establishes minimum peso requirements and financing funds. The maximum interest rates which entities can establish will be determined by the type of financial instruments they offer, and their credit risk.

Document Details

Title (Non-English): 
Tasas de Interes en las Operaciones de Credito. Financiaciones Sujetas a Regulation de Tasa de Interes por Parte del BCRA
Document Type: 
Document Topic: 
Doument Author (Entity): 
Authoring Country: 
Originating Country or Trade Block: 
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Year of Document: 
2014
Date of Document: 
Tuesday, June 10, 2014
Document Authors: 
Central Bank of the Republic of Argentina
Language (This Document): 
Spanish

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