Banco Nación cuts debt-refinancing rate for families facing financial difficulties

Banco de la Nación Argentina has reduced its debt-refinancing interest rate by six percentage points, from 35% to 29%, in a measure the state-owned bank says is aimed at families facing financial difficulties.

The new rate took effect on Monday, Sept. 7. The bank said the reduction would provide “a lower installment and more room for customers to achieve economic sustainability.” It described the measure as “a concrete response for families facing difficulties.”

To illustrate the effect, BNA compared payments on an average 10 million peso debt financed over 60 months. The estimated monthly installment falls from 354,900 pesos to 317,400 pesos, a reduction of about 37,500 pesos per month, or 10.6%. Over the full term, the nominal reduction totals 2.25 million pesos.

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a lower installment and more room for customers to achieve economic sustainability

BNA said it had refinanced 109,507 operations for 95,626 customers so far in 2026, representing a total of 503.3 billion pesos. The rate cut is part of a wider initiative intended to revive lending and contain the deterioration of credit conditions amid a recent increase in late payments.

In recent days, the bank also cut personal-loan rates by between six and 10 percentage points for workers and retirees who receive their income through the institution, while easing the minimum-income requirement. Separately, it launched an inflation-linked UVA option under its “+Autos con BNA” program. The option covers new vehicles and used cars up to 10 years old, allows financing of up to 100% of the vehicle’s value for amounts up to 100 million pesos without collateral, and carries a rate of UVA plus 19% for salary-account customers. Initial payments start at 292,000 pesos per 10 million pesos borrowed.

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a concrete response for families facing difficulties