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Argentina authorizes direct debit of overdue loan installments from debtor accounts
La Nación (Argentina)LO·AR·about 17 hours ago
The Asociación de Bancos Públicos y Privados de la República Argentina (ABAPPRA) has requested the Central Bank (BCRA) relax debtor classification standards and accounting requirements for delinquent loans. This move aims to mitigate the impact of rising non-performing loans on bank balance sheets, though the BCRA's willingness to compromise on prudential standards remains uncertain.