Argentina eases dollar credit access for companies and explores mortgage funding

dollar-denominated credit banking regulation mortgage lending ANSES macroprudential measures

The Argentine government has officially implemented a decree (DNU 736/2026) to expand access to dollar-denominated credit for companies. Under this new framework, banks are permitted to lend up to 15% of their foreign currency deposits to legal entities, including those that do not generate foreign exchange through exports. To mitigate financial risks, the Central Bank of the Argentine Republic (BCRA) has established macroprudential requirements, including a minimum capital requirement of 125% for these loans. Companies receiving these credits must liquidate the funds through the Single Free Exchange Market (MULC) and convert them into pesos.

Economy Minister Luis Caputo stated that the measure aims to reactivate the economy, lower interest rates, and generate employment, specifically targeting the construction and automotive sectors. Officials estimate the initiative could inject between USD 6,000 million and USD 10,000 million into the market.

In a separate initiative to boost mortgage lending, the government is analyzing the use of the Sustainability Guarantee Fund (FGS) from ANSES. The proposed plan involves the FGS conducting long-term fixed-term auctions with banks to provide the necessary liquidity to bridge the gap between short-term deposits and long-term mortgage commitments. This mechanism would allow banks to compete for state funding to offer more stable financing for housing.

Entities

Anses · Argentina · Banco Central de la República Argentina · Central Bank of Argentina · Central Bank of the Argentine Republic · Federico Furiase · International Monetary Fund · Javier Milei · José Luis Daza · Luis Caputo

Claims

What the coverage asserts, and how many sources carry each claim.

[● 7 SOURCES] The automotive and construction industries are among the primary sectors expected to benefit from the measure. mendoza24.com.ar · wdez.com · www.cronica.com.ar · elfuertediario.com.ar · ruedadeprensa.com.ar · +2 more
[● 10 SOURCES] Companies taking dollar loans must liquidate them in the Single Free Exchange Market (MULC) and convert them into pesos. mendoza24.com.ar · www.borderperiodismo.com · ruedadeprensa.com.ar · eleconomista.com.ar · www.filo.news · +4 more
[● 23 SOURCES] Banks are permitted to lend up to 15% of their foreign currency deposits to companies. mendoza24.com.ar · wdez.com · www.cronica.com.ar · www.eldiarioar.com · www.borderperiodismo.com · +14 more
[○ 1 SOURCE] Vice Minister of Economy José Luis Daza stated that the International Monetary Fund is aware of and supports the measures. www.cronica.com.ar
[● 9 SOURCES] The policy aims to provide an alternative to high interest rates currently applied to peso-denominated loans. mendoza24.com.ar · wdez.com · www.eldiarioar.com · elfuertediario.com.ar · www.elpaisdiario.com.ar · +4 more
[● 27 SOURCES] Economy Minister Luis Caputo announced a partial relaxation of dollar-denominated credit for companies. mendoza24.com.ar · wdez.com · www.cronica.com.ar · www.eldiarioar.com · www.borderperiodismo.com · +19 more
[● 14 SOURCES] The new credit rules apply to legal entities (companies) but exclude individuals. www.borderperiodismo.com · mendoza24.com.ar · saltadiario.com.ar · buenosairesherald.com · reporteaustral.com.ar · +8 more
[● 5 SOURCES] The Central Bank will require a minimum capital equivalent to 125% of standard requirements for these loans. buenosairesherald.com · www.cronica.com.ar · www.extranoticias.cl · www.lapampadiaxdia.com.ar
[● 5 SOURCES] The automotive and construction industries are expected to be primary beneficiaries of the new credit access. mendoza24.com.ar · ruedadeprensa.com.ar · www.cronica.com.ar · wdez.com · elfuertediario.com.ar
[● 2 SOURCES] The measure could generate between USD 6,000 million and USD 10,000 million additional in the market. www.borderperiodismo.com · www.cronica.com.ar
[● 5 SOURCES] The government is analyzing using ANSES's Sustainability Guarantee Fund (FGS) to bid long-term fixed terms to banks to increase liquidity for mortgage lending. laverdadonline.com · datamarca.com · diariondi.com · www.econoblog.com.ar · diarioprimeralinea.com.ar