Argentina Interest Rates

The Argentinian economy with a population of 40.1 Million (Est 2010 census) ranks 22nd in the world with a GDP PPP of 632 billion and GDP PPP per capita of 15,854 vs 47,284 (United States) according to the IMF in 2010. Its currency the Argentine Peso (ARS). Bank deposits held for a fixed term in Argentina are called 'Plazos Fijos' or term deposits in english. According to CIA.gov its inflation was 16% in 2009 and 22% in 2010.(CIA Data indicates that this apparently derived from private estimates)

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Argentina Bank Photos

Argentina Banks

Showing rates for 7 Bank deposit providers in Argentina.
Provider Branch Founded Ownership
Banco De La Nacion Argentina Banco De La Nacion Argentina 627 1891 Local
Banco Santander Rio Banco Santander Rio 333 Foreign
ICBC Argentina ICBC Argentina 193 2012 Foreign
Citi Argentina Citi Argentina 74 1914 Foreign
HSBC Argentina HSBC Argentina Foreign
Banco Credicoop Banco Credicoop 1979 Local
Banco Galicia Banco Galicia 1905 Local
Afluenta Afluenta N/A

Argentina Discussion Activity

  • Banco De La Nacion Argentina
    Q: Hi my name is Zak and I love in Australia. I would like to open a savings account and make regular deposits. I would like to know is it possible for this to be done from Australia? And, what type of account offers the highest interest rate? I am interested because in Australia the interest rate is only 3%, I have seen that in Argentina it is about 20%.

    Reply Zak from Australia
  • ICBC Argentina
    Q: Myself as an individual would like to open a Fixed Deposit/Fixed Term Investment account and invest money in your currency for a fixed term. Please can someone call me if this is at all possible from South Africa

    Reply Morne from Johannesburg, South Africa
  • ICBC Argentina - Deposits - ICBC Argentina 3 Month Term Deposit
    Q: I am an Australian citizen. Am I eligible to open up an fixed term deposit account in Argentina. What are the requirements and the procedures.??

    Reply Chathu from Australia
  • ICBC Argentina - Deposits - ICBC Argentina 2 Month Term Deposit
    Q: What are the conditions ?

    Reply Ali from Bahrain
  • ICBC Argentina - Deposits - ICBC Argentina 2 Month Term Deposit
    Q: In which currency I have to deposit for two months and what are the conditions please

    Reply Ali from Bahrain
  • ICBC Argentina
    Q: How can I invest into Argentina fixed deposit as a foreigner? But I live in Asia. I can open $200000. Thanks

    Reply ali from United Kingdom
  • Investing
    Q: HI I am An Australian and was wondering if I could open a High interest bank account in Argentina. I see your interest rates are now some of the highest in the world and I would like to invest in Argentina. Please can you advise.

    Reply Alex from Mount Gambier, Australia
  • Deposits
    Q: Please reply me how to create an account and deposit there.

    Reply HAMID from Lahore, Pakistan
    • R: I've been to Argentina..... forget it, it's a black market currency exchange country. 10 to 1 for us dollar in banks and 14 to 1 conversion with taxi driver. Its madness, govt controlled and hard work to get us dollars out of banks. Good luck

      Reply Richard
  • ICBC Argentina - Deposits - ICBC Argentina 1 Year Term Deposit
    Q: please can I open an account as an overseas resident? If so how do I open the account?

    Reply jeff from South Africa
  • ICBC Argentina - Deposits
    Q: How to open and deposit to your bank from another country.

    Reply Mohammed from Saudi Arabia