UVA Loans and Banks Adapt to Modern Business Needs: The Future of Infrastructure Financing in Argentina

The UVA market is being led by public and semi-public banks, with private banks expected to join in later. Banco Ciudad has just announced its initial proposal for UVA loans, offering a maximum amount of 250 million pesos with terms up to 20 years and an annual nominal rate of 5.5%, which drops to 3.5% for properties in the Buenos Aires microcenter. This capital owed will be adjusted at par with the value of the Purchasing Value Unit (UVA) to account for inflation.

Banco Hipotecario has also launched a similar credit line, but extended to 30 years with a rate of 8.5%, dropping to 4.25% for borrowers with a salary account at the bank. Priority for credits will be given to those with salary accounts at specific entities and will finance up to 80% of the operation.

In response to concerns about inflation, National Bank is considering offering CER mortgages instead of UVA mortgages to avoid negative connotations associated with UVA loans. They are also exploring the possibility of including a safeguard against debtors’ income exceeding inflation by activating insurance to cover differences in fee-income ratio.

Structured cabling is gaining attention as a way for small businesses to improve infrastructure and connectivity within their work environment, promoting efficiency and productivity. Various platforms and blogs discuss its benefits and impact on modern businesses.

Overall, these developments demonstrate a commitment by banks and infrastructure providers towards adapting to modern demands and providing better services for customers and businesses alike.