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.