Argentine banks refinance 500k+ delinquent loans, exceeding EcoGo estimate

Argentine banks have refinanced over 500,000 delinquent loans, surpassing the 386,000 counted by consultancy EcoGo, with the discrepancy attributed to debtors holding multiple refinanced operations. This indicates a broader-than-expected restructuring of distressed household debt, likely easing near-term default pressure but raising questions about long-term credit quality and bank balance sheets.