Argentina Banks See Credit Rebound Despite Record Delinquency

Argentina's central bank (BCRA) expects household credit demand to rise in Q4, driven by mortgages, credit cards, and consumer loans, even as delinquency hits record highs. Banks plan to keep approval criteria tight, suggesting a cautious optimism that may reflect improving real wages or seasonal factors. The divergence between rising demand and record arrears poses risks to financial stability and credit growth sustainability.

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