One of the main private banks in Argentina announced $5,000 million in soft loans for Corrientes

Santander today announced financing lines for clients affected by the fires in the province of Corrientes for more than $5,000 million.

According to the bank, it offers credits destined to the financing of working capital with a fixed annual rate of 26% and up to 18 months of term, with 6 months of grace in the payment to provide support to the affected clients, who do not have debts with the institution.

Likewise, it also has, as of today, another credit line aimed at financing productive investments with a fixed annual rate of 28% and up to 36-month terms, with a 12-month grace period to begin payment.

These lines of credit are available to all those clients not excluded by BCRA Communication A 7373 on Financing Lines for Productive Investment (LFIP).

Our commitment to assist producers in Corrientes is total, which is why we work quickly to be able to offer credits that contribute to the recovery of those affected, with special conditions, extended terms and grace periods for the payment of credits, he commented. Alejandro ButtiCEO and Country Head of Santander Argentina.

Our branches in the province, our business officers and those specialized in agribusiness, and our digital service channels are available to provide help and advice so that those affected by the fires can access these lines of credit immediately, he added.

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