06/07/2026 16:29 - Economia
For foreign investors and expats looking to understand the Argentine financial market, a 'Plazo Fijo' (Fixed-Term Deposit) is a highly popular savings instrument. On July 6, 2026, the Central Bank of the Argentine Republic (BCRA), presided over by Santiago Bausili, updated its comparative table with the interest rates offered by various institutions for 30-day peso deposits. Since the deregulation of minimum rates implemented in 2024, each bank freely defines the profit percentage for its clients.
Taking an investment of $50,000 ARS for 30 days as an example:
This yield becomes highly attractive when considering that the projected monthly inflation is around 1.9%, meaning a positive real return for the saver in a context where the official US dollar exchange rate remains stable at $1,510 ARS.
| Bank | TNA |
|---|---|
| Banco Nación | 19% |
| Banco Provincia | 19.5% |
| Banco Ciudad | 17% |
| Banco Galicia | 17.5% |
| Banco BBVA | 18.75% |
| Banco Santander | 16% |
| Banco Macro | 19.5% |
| Banco ICBC | 17.2% |
| Banco Patagonia | 16% |
| Banco Credicoop | 17.5% |
The BCRA also details institutions that offer exclusive online rates for non-customers, often higher than traditional ones. Some notable ones are:
Setting up a fixed-term deposit is free, with no paperwork or other procedures, and can be done entirely online from the comfort of your home. In a scenario of low inflation rates and exchange rate stability, fixed-term deposits are consolidated as an excellent alternative to grow your savings in Argentina.
Alfredo S. Quiroga
