Banks moderate restrictions for mortgage loans and lower demand

The Central Bank indicates that some banks have relaxed their most restrictive policies that they applied during 2021. The Central Bank published the results of the Survey on Bank Credits for the first quarter of 2022, in which it was observed that the conditions for the supply of loans in the household segment remain stable. […]

Ministry of Economy launches the first credit card cost comparator

Authorities assured that the tool will facilitate the free choice of consumers and will allow them to take advantage of financial portability. The Minister of Economy, Lucas Palacios, together with the national director of the National Consumer Service (Sernac), Lucas del Villar, presented the first credit card comparator that allows consumers to compare the maintenance […]

What does the “nationalization of deposits” imply? | A proposal with history

The deputy of the Frente de Todos José Luis Martiarena presented a bill to “nationalize bank deposits”. The initiative had not been agreed upon with the ruling bloc, which quickly came to uncheck once the news spread through the media. In solitude, Deputy Martiarena defended his proposal, stating that it would allow “Protect savings, recover […]