Argentine household arrears reach 17.5% and the government rules out intervening

MercoPress MercoPress


The report, which combines bank and non-bank financing, counts 20.4 million people holding some form of credit, of whom 5.3 million — 26.1% — were more than 90 days behind on paymentshttps://en.mercopress.com/data/cache/noticias/111162/100x80/moro.jpg" style="float: left; margin: 0 12px 6px 0; border: 1px solid #333;" width="100" />
Arrears on credit to individuals in Argentina reached 17.5% of total lending in June, according to a study by Universidad Austral and the consultancy Eco Go based on central bank data.

Javier Milei's government has ruled out intervening and maintains the solution must come from the market.

Read full article at MercoPress →