Argentina’s countercyclical credit policy response: macroprudential regulation and public bank credit during covid-19

This chapter analyzes the countercyclical credit policy response in Argentina due to the Covid-19 pandemic. Specifically, the macroprudential regulations implemented by the Central Bank of Argentina (BCRA) to stimulate bank credits to micro-, small- and medium-sized enterprises (MSMEs) is examined....

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Autor principal: Schclarek Curutchet, Alfredo
Formato: bookPart
Lenguaje:Inglés
Publicado: Municipal Services Project (Kingston), United Nations Conference on Trade and Development (Geneva) and European Network on Debt and Development (Brussels) 2021
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Acceso en línea:http://hdl.handle.net/11086/19895
https://unctad.org/es/node/32953
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Sumario:This chapter analyzes the countercyclical credit policy response in Argentina due to the Covid-19 pandemic. Specifically, the macroprudential regulations implemented by the Central Bank of Argentina (BCRA) to stimulate bank credits to micro-, small- and medium-sized enterprises (MSMEs) is examined. In addition, the specific credit response of the state-owned commercial bank, the Banco de la Nación Argentina (BNA), the biggest commercial bank in Argentina, is also scrutinized.