New UVA Mortgage Loans in Argentina: the details of the loans offered by Banco Ciudad in Buenos Aires today

The Head of the Buenos Aires Government, Jorge Macri, launched the new mortgage loans from Banco Ciudad this Monday to acquire, renovate, improve, and expand homes. This measure seeks to benefit the middle class and support development in the Microcenter area. The new loans can be financed up to $250 million and have terms of up to 20 years in Purchasing Value Units (UVAs), plus an interest rate of 3.5% Annual Nominal Rate (TNA). According to the City, some credits stand out for their accessibility, such as…
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