Banking

After the adoption of more market-friendly policies, Argentina’s banking sector has gradually begun to show signs of a return to positive growth. Since 2015 the government has been undertaking a number of reforms aimed at boosting investor confidence in the sector, increasing financial intermediation and improving the overall health of the financial services industry. At the same time, banks have experienced strong loan portfolio increases within corporate and consumer segments, fees and procedures have been eased for users, and digital services are on the rise. While reforms engendered since 2015 are assumed to be paying off, the financial services industry and the entire Argentine economy are still enduring a period of structural reforms. This chapter contains interviews with Javier González Fraga, President, Banco Nación; and Eduardo Escasany, President, Grupo Financiero Galicia.