trending Market Intelligence /marketintelligence/en/news-insights/trending/6TTGbzM0On9wGlbPixqDqg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Argentine government considers revamping BICE into a development bank

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Argentine government considers revamping BICE into a development bank

Argentina's new government, led by President Alberto Fernández, is considering revamping Banco de Inversión y Comercio Exterior SA, or BICE, into a development bank, primarily focused on soft loans for companies' productive endeavors, La Nación reported Dec. 17.

The move would raise the profile of the state-owned institution, whose reconfiguration would be based on Brazil's Banco Nacional de Desenvolvimento Econômico e Social, or BNDES, government sources told the newspaper.

In order to prop up BICE with the capital it would need to fulfill its new role as a subsidized lender for small and medium-sized enterprises, Fernández's economic team would reportedly make use of the extra revenue it plans to collect by raising import tariffs. The hike is part of a wider-reaching bill presented Dec. 17 by Economy Minister Martín Guzmán.