The BCRA published a limit interest rate on credit operations – Comercio y Justicia

It is 54.89 and applies to personal loans, without collateral in national currency and corresponds to the January period of the current year and applicable to operations in March 2022.

Communication “B” 12286/22-BCRA

14/02/2022

TO NON-FINANCIAL CREDIT CARD ISSUING COMPANIES,

TO THE NON-FINANCIAL COMPANIES THAT ISSUE PURCHASING CARDS:

Ref.: Circular OPRAC 1 – 896 – Interest rates in credit operations. Limits on interest rates for financing linked to credit cards.

We are writing to inform you, in an Annex, of the value of the interest rate of the financial system for personal loan operations without real guarantee that is mentioned in point 2.1.2. of section 2 of the rules on “Interest rates in credit operations”, corresponding to the period January 2022 and applicable to operations of March 2022.

We greet you sincerely.

CENTRAL BANK OF THE ARGENTINE REPUBLIC

María Cecilia Pazos, Subgta. Administration and Dissemination of Statistical Series – Adriana Paz, Monetary Statistics Manager.

All available information can be consulted by accessing:

www.bcra.gob.ar / Statistics / Monetary and Financial / Interest rates and amounts traded / Interest rates and adjustment coefficients established by the BCRA

Data file:

http://www.bcra.gob.ar/Pdfs/PublicacionesEstadisticas/tasser.xls, Sheet “Cards”.

ANNEXED

Month Interest rate for personal loans, without collateral in national currency

January 2022 54.89

N. de R.- Published in the Official Gazette of the Nation No. 34,860 of February 17, 2022.

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