In the mortgage loan market in Argentina, the data for Q4 2023 reveals significant growth in market share for several key players. BICE leads the pack with a substantial increase of 3.97 percentage points, rising from 6.9% in September 2023 to 10.9% in December 2023. This marked growth underscores BICE's expanding influence in the mortgage loan sector.
Bancor follows closely with an impressive growth of 3.90 percentage points, boosting its market share from 8.9% to 12.8% over the same period. This increase highlights Bancor's strong performance and ability to capture a larger share of the market.
Macro also showed notable growth, with a rise of 1.63 percentage points. Its market share increased from 6.8% in September 2023 to 8.4% in December 2023, indicating steady progress in the competitive mortgage market.
Galicia experienced a smaller yet positive growth of 0.55 percentage points, increasing its market share from 4.7% to 5.2%. This modest gain reflects Galicia's continued efforts to enhance its market position.
Finally, Banco Entre Ríos saw an increase of 0.40 percentage points, with its market share climbing from 0.8% to 1.2%. Although this growth is relatively small, it represents a positive trajectory for Banco Entre Ríos in the mortgage loan market.
