Personal Loans in Argentina
The personal loan market in Argentina reached AR$ 1.4 trillion at the end of the second quarter of 2023, which implies a quarterly nominal growth of 12.2% and a year-on-year variation of 72%. In an economic context of high inflation such as the one that the Argentine economy is currently experiencing, this evolution implies negative real rates.
BANCO CIUDAD is the leader in market share growth in the quarter, with an advance of 0.41% market share points. They are followed by BANCO INDUSTRIAL (+0.35%), BANCO GALICIA (+0.32%), NARANJA DIGITAL COMPAÑÍA FINANCIERA (+0.28%) and BBVA (+0.19%).
BANCO CIUDAD is the leader in market share growth in the quarter, with an advance of 0.41% market share points. They are followed by BANCO INDUSTRIAL (+0.35%), BANCO GALICIA (+0.32%), NARANJA DIGITAL COMPAÑÍA FINANCIERA (+0.28%) and BBVA (+0.19%).