Economy Politics Local 2025-11-06T13:25:07+00:00

JP Morgan Head: Argentina Could Attract $100 Billion in Foreign Capital

JP Morgan CEO Jamie Dimon stated that Argentina could attract up to $100 billion in foreign capital, eliminating the need for an emergency loan. He also noted the interest of major companies in investing in the country.


JP Morgan Head: Argentina Could Attract $100 Billion in Foreign Capital

The executive highlighted the interest of major international companies in investing in the country, driven by macroeconomic stabilization and a reduction in inflation after years of volatility.

Regarding the proposed loan from US banks, valued at up to $20 billion, Dimon stated that "it might not be necessary", although he added: "If they need it, we are on standby".

JP Morgan, with over a century of operations in Argentina, has participated in previous debt restructurings and maintains its commitment to the local market.

Jamie Dimon, CEO of JP Morgan, stated that Argentina could attract up to $100 billion in foreign capital, which would eliminate the need for an emergency bank loan.

These statements reflect growing optimism about President Javier Milei's economic reforms following Dimon's visit to the country, where he participated in an event at the Teatro Colón.

Dimon specified: "There is about $100 billion in foreign capital that could well return to Argentina".