logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. Deadline Approaches for Banks to Join CABA's Debt Refinancing Plan

    Deadline Approaches for Banks to Join CABA's Debt Refinancing Plan

    By: rootdata|2026/08/14 20:37:00
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    BANKBANK
    00.00%--
    BankBank
    PROVEPROVE
    00.00%--
     

    This Friday, the 14th, is the deadline for financial institutions to join the Family and Personal Debt Relief Program of Buenos Aires City, an initiative aimed at alleviating the situation of households in the city with overdue debts through more favorable refinancing conditions.

    So far, Banco Ciudad, Santander, ICBC, and Supervielle have confirmed their participation in the program, which was created under Law No. 6,959, enacted by the Buenos Aires Legislature last June.

    The initiative will allow for the refinancing of debts arising from personal loans and credit cards under a special scheme: the new loans must have a minimum repayment period of 24 months and a fixed interest rate that cannot exceed 35% Annual Nominal Rate (TNA).

    The program arises in a context of significant deterioration in the payment capacity of families. Delinquency in consumer loans shows sustained growth and has become one of the main concerns of the financial system, particularly among those who resorted to personal loans and credit cards to supplement income or cover current expenses.

    The benefit will be directed at residents of the City who demonstrate a situation of financial vulnerability and meet a series of requirements established by law.

    In particular, those with debts arising exclusively from credit cards and/or personal loans granted by financial institutions and who are in situation 2 or 3 in the Central Debtors Registry of the Central Bank (BCRA), that is, with delays of between 60 and 180 days, will be able to access it.

    Additionally, the family group's income must be less than ten minimum wages, while the monthly commitments related to the debts in question must represent more than 30% of the household's monthly income.

    Another requirement will be to prove real residence in CABA for at least the last two years. The regulation aims to concentrate assistance on households with concrete difficulties in normalizing their financial situation.

    The head of government, Jorge Macri, defined the initiative as a relief mechanism for indebted middle sectors. "Porteno families will be able to refinance their overdue credit card debts and loans with more time and a fixed interest rate. It is a relief for the working middle class that strives to get back on track," he stated.

    The law also establishes a series of exclusions to prevent the benefit from reaching individuals with sufficient wealth capacity to meet their obligations. Those who own more than one property, have vehicles less than five years old ---except those used for duly accredited work activities---, or are owners of boats, aircraft, or luxury goods subject to registration will not be able to access it.

    Nor will those who possess financial assets exceeding the total amount of the claimed debt or those who have purchased foreign currency during the period in which the obligations they seek to refinance were generated be able to enter the program.

    One of the central points of the scheme is the tax incentive provided for participating entities, as joining the program includes a 50% reduction in the Gross Income Tax applicable to the interest earned from refinancings carried out under this regime.

    The inclusion of Santander, ICBC, and Supervielle, along with Banco Ciudad, expands the initial scope of the program, which was initially intended to be implemented mainly through the public bank of the city. However, the regulation was designed from the outset with the possibility of adding private entities through the tax benefit.

    -- Price

    --

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    Clarity survives (barely), Strategy sells and the untold story of Mastercard's $1.8 billion deal: Crypto's week in 5 stories

    Clarity survives (barely), Strategy sells and the untold story of Mastercard's $1.8 billion deal: Crypto's week in 5 stories

    Binance's Lawsuit Delays RedotPay's US IPO Plans, Postponement Likely Until 2027

    Binance's Lawsuit Delays RedotPay's US IPO Plans, Postponement Likely Until 2027

    Optimal Strategy Under AI Bubble: Long Tech Leaders and Undervalued Assets, Short AI Bonds

    Optimal Strategy Under AI Bubble: Long Tech Leaders and Undervalued Assets, Short AI Bonds

    ChatGPT Predicts Best Crypto for 2026 – Bitcoin, XRP, or Solana?

    ChatGPT Predicts Best Crypto for 2026 – Bitcoin, XRP, or Solana?

    Bitcoin hovers around $63,400, XRP struggles at $1, and Solana holds steady at $75. We presented this situation to ChatGPT, asking which coin has the most potential in 2026. The answer is surprising. But do human analysts see it the same way? Bitcoin Price Stalls Below $65,000 ChatGPT identifies Bit...
    Wall Street's private blockchain obsession is a 'race to the bottom,' Ethereum advocate Raman warns

    Wall Street's private blockchain obsession is a 'race to the bottom,' Ethereum advocate Raman warns

    Dartmouth crypto ETF holdings drop 15% in Q2

    Dartmouth crypto ETF holdings drop 15% in Q2

    Delphi Digital Researcher: How to Determine if a Project is Truly Undervalued?

    Delphi Digital Researcher: How to Determine if a Project is Truly Undervalued?

    A low xRev does not necessarily mean a project is undervalued; it may also indicate that the market is pricing in revenue decline. Through the cases of PUMP and AERO, this article analyzes how to determine whether a project is truly cheap or if its fundamentals are deteriorating.
    web3: Quantum Computing Approaches, Crypto Industry Prepares for Large-Scale Migration

    web3: Quantum Computing Approaches, Crypto Industry Prepares for Large-Scale Migration

    The Fixed Term Deposit, Increasingly Questioned: Everything You Need to Know About This Tool

    The Fixed Term Deposit, Increasingly Questioned: Everything You Need to Know About This Tool

    The return depends on the chosen entity, the channel used, and the agreed term at the time of establishing the deposit.
    Follow the Money: Nearly $4.5 Billion in Web3, 'Venture Assault on AI' and eToro's Expansion in the US

    Follow the Money: Nearly $4.5 Billion in Web3, 'Venture Assault on AI' and eToro's Expansion in the US

    Robinhood’s $225.5M venture fund opens below IPO price

    Robinhood’s $225.5M venture fund opens below IPO price

    Bitcoin: Is AI More Dangerous Than Quantum? 2 Developers Explain Everything You Need to Know

    Bitcoin: Is AI More Dangerous Than Quantum? 2 Developers Explain Everything You Need to Know

    An Uncontrollable AI in Two Years? Brian Armstrong from Coinbase Believes So

    An Uncontrollable AI in Two Years? Brian Armstrong from Coinbase Believes So

    Coinbase CEO Brian Armstrong bets that an AI model will become uncontrollable within two years, comparing it to the Morris worm of 1988.
    Nasdaq Aims to Simplify Launching Options on Crypto ETFs

    Nasdaq Aims to Simplify Launching Options on Crypto ETFs

    [SCAN 2026 Final Interview] ②J0y_B0y: The Four Students from Jordan's Applied Science Private University Unite

    [SCAN 2026 Final Interview] ②J0y_B0y: The Four Students from Jordan's Applied Science Private University Unite

    The final of the world's first virtual asset (digital asset) tracking competition, 'SCAN 2026', will be held on September 28 at 9 AM at Monaco Space in Seocho-gu, Seoul. SCAN 2026 was established to enhance cybersecurity and investigative capabilities in digital assets, hosted by the digital asset i...
    6 out of 10 XRP Investors at a Loss – Is Buying XRP Smart Now or Too Early?

    6 out of 10 XRP Investors at a Loss – Is Buying XRP Smart Now or Too Early?

    Nearly 60% of all XRP in circulation is at a loss, while the supply on exchanges has dropped to its lowest point in seven years. The XRP price hovers around 1 dollar. Is this the moment of maximum pain, or is there more to come? Why isn't XRP rising: six out of ten investors are in the red... Read m...
    Global Trade Exposes Risks: 27 Key Maritime Chokepoints Carry Most Trade Flow, Hormuz Crisis Sounds Alarm

    Global Trade Exposes Risks: 27 Key Maritime Chokepoints Carry Most Trade Flow, Hormuz Crisis Sounds Alarm

    Crypto VC will prioritize quantum-ready infrastructure heading into 2027, Moon Pursuit founder says

    Crypto VC will prioritize quantum-ready infrastructure heading into 2027, Moon Pursuit founder says

    Official Claude Code Token Saving Guide: 11 Tips to Extend Your Quota

    Official Claude Code Token Saving Guide: 11 Tips to Extend Your Quota

    Triple-Leveraged Bitcoin ETF Heads to the U.S.: It's Not Just Amplifying Returns

    Triple-Leveraged Bitcoin ETF Heads to the U.S.: It's Not Just Amplifying Returns

    Q2 GDP Growth of 6%: How Malaysia Withstands External Shocks

    Q2 GDP Growth of 6%: How Malaysia Withstands External Shocks

    Tax Website Hacked - Massive Scam Campaigns Expected

    Tax Website Hacked - Massive Scam Campaigns Expected

    The Wall Street Journal: How AI Trading Is Stealing Crypto's Thunder?

    The Wall Street Journal: How AI Trading Is Stealing Crypto's Thunder?

    Modular Models and Pluggable Tools: DeepSeek Shifts Agent Competition from 'Brain' to 'Operating System'

    Modular Models and Pluggable Tools: DeepSeek Shifts Agent Competition from 'Brain' to 'Operating System'

    Revealing the Daily Salaries of Interns at AI Giants: Anthropic Over 5000 Yuan, Kimi Only Ranks Fourth

    Revealing the Daily Salaries of Interns at AI Giants: Anthropic Over 5000 Yuan, Kimi Only Ranks Fourth

    This Week's Highlights: Fed Rate Hike Expectations Plummet, AI Frenzy and Middle East Crisis Dominate the Market

    This Week's Highlights: Fed Rate Hike Expectations Plummet, AI Frenzy and Middle East Crisis Dominate the Market

    Metrics Ventures Market Observation: How to Choose Safe-Haven Assets When 'Currency is Weak' Becomes the Norm?

    Metrics Ventures Market Observation: How to Choose Safe-Haven Assets When 'Currency is Weak' Becomes the Norm?

    Bitcoin Stagnates While Altcoins Differentiate: PumpFun Surges and Chainlink Leaps Forward

    Bitcoin Stagnates While Altcoins Differentiate: PumpFun Surges and Chainlink Leaps Forward

    Web3 Newsletter: Industry Highlights and Must-See Trends This Week

    Web3 Newsletter: Industry Highlights and Must-See Trends This Week

    To Catch North Korean Hackers, They Created a Fake Project

    To Catch North Korean Hackers, They Created a Fake Project

    Clarity survives (barely), Strategy sells and the untold story of Mastercard's $1.8 billion deal: Crypto's week in 5 stories

    Binance's Lawsuit Delays RedotPay's US IPO Plans, Postponement Likely Until 2027

    Optimal Strategy Under AI Bubble: Long Tech Leaders and Undervalued Assets, Short AI Bonds

    ChatGPT Predicts Best Crypto for 2026 – Bitcoin, XRP, or Solana?

    Bitcoin hovers around $63,400, XRP struggles at $1, and Solana holds steady at $75. We presented this situation to ChatGPT, asking which coin has the most potential in 2026. The answer is surprising. But do human analysts see it the same way? Bitcoin Price Stalls Below $65,000 ChatGPT identifies Bit...

    Wall Street's private blockchain obsession is a 'race to the bottom,' Ethereum advocate Raman warns

    Dartmouth crypto ETF holdings drop 15% in Q2

    ...
    Invite friends, get rewards
    Invite to get up to $160 + 40% commission
    Invite friends, get rewardsInvite

    Contents

    BANK

    Latest articles

    2026/08/15

    The Fixed Term Deposit, Increasingly Questioned: Everything You Need to Know About This Tool

    The return depends on the chosen entity, the channel used, and the agreed term at the time of establishing the deposit.
    COSTCOST
    00.00%--
    BANKBANK
    00.00%--
    POWERPOWER
    00.00%--
    2026/08/15

    Robinhood’s $225.5M venture fund opens below IPO price

    OPENAIOPENAI
    00.00%--
    COSTCOST
    00.00%--
    SOONSOON
    00.00%--
    BANKBANK
    00.00%--
    2026/08/14

    Deadline Approaches for Banks to Join CABA's Debt Refinancing Plan

    Banco Ciudad, Santander, ICBC, and Supervielle have joined the Family and Personal Debt Relief Program. The initiative allows for the refinancing of overdue credit card and loan debts with a minimum term of 24 months and a fixed rate of up to 35% annually.
    BANKBANK
    00.00%--
    PROVEPROVE
    00.00%--
    2026/08/14

    Ethereum: JPMorgan Increases Holdings in Bitcoin and Ethereum ETFs in Q2

    SPOTSPOT
    00.00%--
    BANKBANK
    00.00%--
    THETHE
    00.00%--
    2026/08/14

    JPMorgan ended Polymarket banking relationship in 2025

    POLYMARKETPOLYMARKET
    00.00%--
    KALSHIKALSHI
    00.00%--
    BANKBANK
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download