Search results
Results from the WOW.Com Content Network
The institution was chartered on September 24, 1886, as the Banco Hipotecario Nacional (National Mortgage Bank) by a bill (Law 1804) signed by President Julio Roca. [5] The bank pioneered mortgage lending on extended, low-interest terms in Argentina, and thus contributed to consolidating a modern Argentine economy (a policy centerpiece of the Generation of '80, as Roca and his allies were known).
4 February – One person is killed in a wildfire in Mariano I. Loza, Corrientes Province. [1]5 February – President Milei orders Argentina's withdrawal from the World Health Organization, citing “profound differences in health management", particularly during the COVID-19 pandemic.
The bank today operates 342 branches and is Argentina's second-largest by deposits (holding US$10 billion, or, 8% of the total) and total assets, and the sixth-largest in lending with a US$5 billion loan portfolio (a 6% share). [3]
Average mortgage rates ease lower as of Thursday, January 23, 2025, with benchmark 30-year fixed rates still elevated above 7.00%. Fannie Mae released its January housing forecast, noting a ...
Favourable results and normalization in Argentina’s economy are expected to continue in 2025. The annual inflation rate, which was 211% in 2023, is expected to be below 30% in 2025. Economic activity has also begun to recover after the severe recession at the beginning of 2024. The economy is expected to expand by more than 4% in 2025. [198]
In February, 2025 BBVA seeking an investment partner, hiring Rothschild to sell part of its 75.5% stake in the Crea Madrid Nuevo Norte real estate project. The project, which is expected to be completed by 2035, includes 1.6 million square meters of office space and Spain's tallest skyscraper in its capital.
A B.C. Liquor Store employee demonstrates removing bottles of American whiskey for media before a news conference in Vancouver, B.C., Sunday, Feb. 2, 2025.
In April 2017, after a long period of financial distress, President Mauricio Macri declared that "Argentina is in the middle of a cultural change" and that "Argentina is back in the world. Argentina wants to play a significant role in the global scenario." [6] Argentina did increase its international trade. Argentina is a member of the G20.