With the NEW FIXED TERM RATE, how much does $1,000,000 per month yield?

With the NEW FIXED TERM RATE, how much does $1,000,000 per month yield?
With the NEW FIXED TERM RATE, how much does $1,000,000 per month yield?

In that sense, banking entities have lowered the yield on fixed-term deposits by an average of 10 percentage points, and were as follows:

  • Bank of the Argentine Nation: 40%
  • Bank of Galicia and Buenos Aires SAU.: 38%
  • Banco Santander Argentina SA: 38%
  • Banco Macro SA: No information
  • BBVA Argentina SA Bank.: 38%.
  • HSBC Bank Argentina SA: 39%
  • Industrial and Commercial Bank of China (Argentina) SAU.: 40%
  • Bank of the City of Buenos Aires: No information
  • Bank of the Province of Buenos Aires: 40%
  • Credicoop Cooperative Limited Bank: 40%
  • Banco Comafi Sociedad Anonima: 41%
  • Banco de Corrientes SA: 38%
  • Bank of the Province of Córdoba SA: 40%
  • Banco del Sol SA: 41%
  • Banco Dino SA: 40%
  • Bank BICA SA: 42%
  • CMF SA Bank: 44%
  • Banco Meridian SA: 41%
  • Provincial Bank of Tierra del Fuego: 41%
  • Banco Hipotecario SA: 41%
  • Banco Julio Sociedad Anonima: No information
  • Banco Masventas SA: 37%
  • BIBANK SA: 43%
  • Bank VOII SA: 42%
  • Regional Credit Compañía Financiera SAU: 42%

With these returns, one million pesos according to the Banco Nación simulator today yields $32,876.71 per month. A much lower percentage than what they yielded months ago.

 
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