Banco Provincia Introduces Special Line of Credit for Education Workers in Buenos Aires

These are single-signature loans with a special fixed rate of 60% per year, with a term of up to 36 months for payment of installments. It can be requested from September 11.

Governor Axel Kicillof and the president of Banco Provincia, Juan Cuattromo, presented in Lomas de Zamora a line of credit of up to $5 million aimed at education workers from Buenos Aires.

Within the framework of the commemoration for the days of teachers, professors and non-teaching staff, more than 400 thousand people may apply for the benefit.

“When we took office, Banco Provincia was an institution that was not at the service of families and small and medium-sized companies, but had entered into the logic of financial speculation,” said Kicillof, adding: “As we did from the beginning, moment with a DNI Account, we are taking another step so that the public bank can once again accompany the people of Buenos Aires ”.

In this regard, Cuattromo explained: “We are launching a special line of credit for all educational personnel from Buenos Aires that demonstrates, once again, the commitment assumed by Banco Provincia to be close to the needs of the people of Buenos Aires.” “Just as we did with the DNI Account, we are putting all our tools at the service of the people so that they can have a better quality of life and meet their goals,” he said.

These are single signature loans with a special fixed rate of 60% per year, with a term of up to 36 months for payment of installments, which may not affect more than 35% of the credit holder’s income. It can be requested from September 11 through homebanking or at all bank branches.