The head of the Ministry of Finance linked the revival of mortgage lending to macroeconomic stabilization and a change in the behavior of banks, which shifted from financing the public sector to lending to the private sector and families. Núñez, who has an initial debt of $373 million pesos since February 2025, emphasized that the entity leads the market precisely by offering a product that is now 'conscious' for all Argentines. In turn, the Secretary of Finance, Federico Furiase, who has a credit of 367 million pesos since August 2025, also defended his personal situation by clarifying that he accessed a 'second home' credit with a higher rate. 'We acted like any citizen who is eligible for a credit, at the same rate and term as the rest,' the official stated. The member of the economic team sought to minimize the impact of the controversy by noting that the officials involved represent less than 0.2% of the total 27,000 lines granted by the BNA. Buenos Aires, April 10 (NA) — The director of the Bank of Investment and Foreign Trade (BICE) and advisor to the Ministry of Economy, Felipe Núñez, rebutted criticism regarding the granting of mortgage loans at the National Bank (BNA) under the 'Three Anchors' program on the streaming channel 'Carajo'. In public statements, the economist denied the existence of exclusive benefits and assured that the credit management was carried out under the same conditions that apply to any customer of the entity. According to what was learned by the Argentine News Agency, Núñez justified the choice of the National Bank (BNA) based on three central factors: the perception of his income in that institution, his status as a previous client, and the competitiveness of the rates offered. 'Our families took on 30-year debts to buy a home.'
Argentina's Finance Head Comments on Mortgage Lending Revival
Argentina's Finance Head Felipe Núñez and Secretary Federico Furiase refuted criticism over obtaining mortgage loans, stating it occurred under the same conditions as for other citizens.