Home » Business » Cutral Co already has the support of Banco Nación for the 150 million pesos credit

Cutral Co already has the support of Banco Nación for the 150 million pesos credit

After signing the agreement between the president of the Banco Nación, Eduardo Hecker and the mayor of Cutral Co, Jose Rioseco, the municipality will advance with the 150 million pesos credit for the purchase of machinery and equipment for different municipal sectors. At the same time, it seeks to promote credit lines for small and medium-sized companies whose activity is oriented to the hydrocarbon activity.

The signing of the agreement took place today in CABA, where the communal chief traveled to carry out various steps. “We made the agreement to be the financial agent for different lines of credit or investment, to give a valid tool to SMEs also seeing the awakening of activity in the oil that there is and a sector that is not in the best moment” , explained the communal chief, before his return to the town.

Other improvement issues for the city were agreed with the director of Banco Nación. Along these lines, Rioseco specified that when the disbursement of the 150 million of pesos of the credit for the municipality, the authorization of ATMs will be provided. “One of them will be in the terminal where we have the Revenue service station. The place is already reserved and everything. At the same time, we ask for the expansion in terms of human resources in the Cutral Co branch,” he said. On the other hand, there will be a special program for municipal credit line employees.

An agreement was signed with the president of Banco Nación, Eduardo Hecker, and Mayor José Rioseco. (Gentleness)

The cutralquense agreed with the steps taken before the Nation because “everything is very close to the execution, after so many months and so many steps,” he said. Rioseco was also with the Minister of Public Works, Gabriel Katopodis, with whom he advanced on the rainwater drainage which will be financed by the Nation, with a budget of 520 million pesos.

This tender is underway and in the coming days the second envelope will be opened with the economic proposal of the three companies participating in the process. “We hope that in two weeks the work will be awarded and we are very happy because it is something that is so long awaited for the people of Cuzco,” said Rioseco. There is a possibility that by the time the work begins – which involves solving the flooding of Salta and Córdoba streets when storms occur – an official from the national portfolio will arrive.

The Secretary of Energy, Darío Martínez, the Mercosur parliamentarian, Ramón Rioseco, and the director for the National Bank, Martín Miguel Ferré, were also present at the signing of the agreement between Banco Nación and the municipality.


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