Argentina) As of June 2024, more than US$1,130 billion has been disbursed. BNA reached a new record in monthly financial assistance to SMEs, large companies, and for consumption of goods and services by families, as disbursements increased by 570% compared to the same period last year.
Of the total disbursements, BNA specifically allocated US$285 million for foreign trade financing, which is 120% more than in June 2023.
BNA President Daniel Tillard said, “In the early days of our administration, we set out to fully affirm our calling, our mission to be an organization at the service of families and small and medium-sized businesses. Thanks to the reduction of inflation and this mission of ours, we can clearly deepen our task of being the main financier of the private sector and Argentines.”
Meanwhile, more globally, the first half of this year has been very productive for lending, with BNA extending nearly $5 billion to manufacturing companies and “individuals” between January and June 2024. helped lay the foundations for improving economic activity in Argentina.
Along the same lines, TiendaBNA has mobilized nearly another US$10 billion in financial resources, enabling thousands of people to access consumer goods and services.
In addition, the BNA has also increased resources aimed at promoting foreign trade, as financial assistance of US$660 million was provided in the first six months of 2024, facilitating the exchange of goods and services between Argentina and the rest of the world.
Breaking down the numbers, it can be clarified that BNA has allocated about 4.3 billion US dollars to MSMEs and large companies, which has allowed progress in the process of economic revitalization in the country. More precisely, almost 90% of resources went to investments and working capital.
The number of monetary and non-monetary transactions, such as bank transfers, paying for services or setting fixed terms, also increased by 96%.
As for TiendaBNA, the bank’s trading platform, in the first half of the year, 107,000 transactions were carried out for a value of almost 10 billion US dollars, while the main commercial movements were verified in Buenos Aires, CABA, Mendoza, Santa Fe and Córdoba. In particular, the average cost of buying a ticket was about 90,000 pesos.
Another important milestone achieved this year was the launch of “+Hogares con BNA” mortgages, with more than USD 4,000 million allocated. In this sense, it should be noted that more than 25,000 applications have already been received, which is a success for the bank and a unique opportunity for thousands of families to gain access to the purchase, construction, exchange, renovation and expansion of houses around the world. country country.
In short, the credit results and financial assistance provided by BNA during the first half of 2024 to micro, SMEs and large companies throughout the country are beginning to outline the path to improvement in some indicators of economic activity in Argentina.