Argentina household bank debt delinquency falls to 12.2% after two-year rise

A private report shows household bank debt delinquency in Argentina fell to 12.2% in September from 12.8%, the first decline after two years of increases, driven by households refinancing nearly 3 trillion pesos. Corporate delinquency remains stagnant. The shift suggests improving household balance sheets, but the sustainability is uncertain given high inflation and economic volatility.

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