The loan will have a five-year tenor and a three-year grace period, helping Banco BICE increase and diversify its long-term financing to support the housing portfolio growth.

This marks a significant escalation in a longstanding dispute between the financial sector and the Buenos Aires-based fintech giant.

The Argentinian Central Bank recently announced that, with the assistance of non-traditional players such as fintech, the financial system is on the verge of achieving full coverage for the adult population.

This loan aims to strengthen the institution's financial inclusion program, with a specific emphasis on supporting low-income women in Chile.

Argentine Foreign Minister Santiago Andres Cafiero visited BRAC head office on Monday to learn about BRAC's approach to designing anti-poverty solutions, especially with a focus on women's empowerment and financial inclusion of rural women.

The Central Bank of Argentina (BCRA) is testing a new blockchain-powered clearing system that could be used by some of the country's largest financial institutions.

Aligned with its social purpose and in light of COVID-19’s progress in Latin America, BBVA Microfinance Foundation’s six institutions in five countries in the region have adopted urgent and necessary measures to help its 2.2 million clients cope with this situation.