The drastic decision of BANCO NACIÓN on the FIXED TERM and the INTEREST RATE

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Fixed term: what is the new interest rate of Banco Nación

He National Bank decided to reduce the interest rate his Fixed deadlines in an important way. Until a few days ago, the entity offered 60% for each deposit made within 30 days. Now, it became 50%.

the same National Bankif a person decided to make a fixed term to 60 days, reduces the interest rate at 45% annually. This same percentage is reduced to 35% for everything fixed term to be done from 90 days onwards.

This means that the National Bank bets that inflation will continue to fall and that is why it changes the Fixed deadlinesTherefore, the Central Bank will continue to lower the monetary policy rate.

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Fixed term: what is the interest rate offered by all banks

Currently, banks are offering the following interest rate for each fixed term:

  • French Bank: 47% annual interest rate for each fixed term
  • Banco Ciudad: 50% annual interest rate for each fixed term
  • Banco Galicia: 51% annual interest rate for each fixed term
  • Banco Nación: 50% annual interest for each fixed term
  • Banco Santander: 48% annual interest for each fixed term
  • Banco Patagonia: 50% annual interest for each fixed term
  • HSBC: 52% annual interest for each fixed term
  • ICBC Bank: 50% annual interest for each fixed term

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Fixed term: how much do I earn if I deposit $750,000

In the event that a person wants to deposit $750,000 in a fixed termyou should take into account that the interest rate changed and stopped being 60%. In the case of Banco Nación, with an interest rate of 60%, a sum of $30,821.92 would be earned after 30 days.

 
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