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Argentina eases bank dollar lending to companies

Authorities roll back post-2001 guardrails in effort to boost credit and economic growth

Buenos Aires, Argentina

The Central Bank of Argentina (BCRA) is rolling back longstanding restrictions on banks being able to lend dollars to companies.

The new measure will allow banks to lend up to 15% of their dollar deposits to peso-revenue firms under revised guardrails, the BCRA said in a statement on August 13. That lending had previously been restricted to exporting companies generating foreign currency.

“Today, we are extending that possibility to all companies,” economy minister Luis Caputo said at a press

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