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

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

    Reply Mohammed from Saudi Arabia
  • ICBC Argentina - Deposits - ICBC Argentina 2 Month Term Deposit
    Q: Term Deposit for 3M 1. I am from gulf area can I open an account in Argentina and what is the requirement. 2. Fees,TAX,VAT, Charges for the government/Bank

    Reply Mohammed from Saudi Arabia
  • ICBC Argentina - Deposits - ICBC Argentina 3 Month Term Deposit
    Q: Term Deposit 3M 1. I am from can I open an account ? And what is the requirement ? 2. What is TAX/VAT for the country

    Reply Mohammed from Saudi Arabia
  • Banco De La Nacion Argentina
    Q: I want to put some Rs5,oo,ooo/- (INR) on fixed deposit. I want to know the interest rate and how this is cumulated for a period of three years. Thank you.

    Reply Thupul from India
  • ICBC Argentina - Deposits - ICBC Argentina 3 Month Term Deposit
    Q: How do you go about open an account? What kind of penalties or charge fees, for an individual from another country?

    Reply Luci from Danbury, United States
  • Deposits
    Q: i am from india how can i fixdiposit in your bank for 1 year tarm & conditions

    Reply amit from Jakarta, Indonesia
  • Deposits
    Q: how I open investment acc in argentina banks

    Reply ELIAS from Kuwait City, Kuwait
  • ICBC Argentina
    Q: We are potential investors, and we have a few questions. 1. Can a US Citizen open a bank account with this bank without living in Argentina? 2. Is there an imposed tax on transferring funds from an US bank account to an Argentina bank account? 3. Does a US citizen living in US have to pay taxes in Argentina with said bank account? 4. What is needed for a US citizen living in the US to open an account at your bank? 5. What is the interest rate when withdrawing money here in the US from an account in Argentina if it is possible to have an account?

    Reply Steve from Ridgeland, United States
  • Afluenta - Investing - Afluenta Argentina P2P Investment
    Q: I have heard that these rates seem ultra-attractive. But the devil is in the details! Inflation at 22% and above each year; and restrictive clauses in the fine print of the Account Contracts (for example, regarding withdrawals/repatriation of funds) and, and 'unusual' (but secretly planned) government legislation restricting repatriation of these Accounts' funds outside the country or into US dollars (for example) will mean that you will average a LOSS on such 'investments.' IS THIS TRUE?

    Reply Paul from Tacoma, United States
  • Deposits
    Q: Does ICBC have bank account deposit insurance?

    Reply JAY from Englewood, United States