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CAME has a critical criticism of the Cuyo Booking financial system

The Argentine Argentinean Media Media Cooperation (CAME) asked a strong question to the banks, and said they were "killing SMEs". Through a press release, he said that although the banks have earned more than $ 300,500 million over the last three years, thousands of SMEs in the country closed, and asked to move from the financial system to the product system through different stages for small, medium and medium enterprises. companies, tax deductions for cash deposits and measures that encourage small and medium-sized enterprises, holds 70% of their occupation in the country. He confirms that the elevations in market interest levels in the past few months, have led to a deepening increase in the financial costs of banks and business companies to business and consumer. In terms of the named benefits collected in 2016 with all banking units, they were totaling $ 74,560 million, which is said to have increased by 24.4% over the $ 60,010 million of 2015. In By 2017 the international increase was 15, 3%, with $ 85,930 million. And the latest Databases from the Central Bank are in place; shows that banks earned $ 19,104 million in October, 50% more than in September, that is, they doubled their profit practically. However, taking advantage of the inflation context, the units have a They defend themselves in stated terms to argue profit loss, but if the survey was carried out by net assets, they earned a October 7% share (the highest level since January 2014) . , and to that month they collected $ 140,000 million in 2018, an additional 40%, and it is still up to November and December. In terms of SMEs, it shows that 2,221 companies were closed in 2016 and 2,566 in 2017.

* Financial cost for personal loans: Financing rates are one of the main sufferings in the production department. The total cost of finance is more than 100% in banks.

* Expenses for cash deposits: Banks spend between 0.5% and 1% for the receipt of cash investments and now the initiative is to increase that amount to & # 39; going up to 1.5%, who has made a huge dispute in the market. CAME believes that the quantity is not <#; responding because double cost is made, and includes users to; Payment of the maintenance costs of their accounts already. In addition, the service collector companies will receive 1% commission for their clients to collect the collection of tickets and make the ferries, that is the only percentage the banks will cost then for the investments that they make, that is why they are evaluating this cost to the user, who would, affecting a large part of the 15 million users.

* Expenditure and financial terms "Currently 12": Referring up to 10 points of the "12" level is now some problem in the commercial sector, which suffers a continuous annual drop in retail sales (with a decrease annual on 6.9% year) and a 42% reduction in funding use in installments of the official program. The event, since the Expanding of Comprehensive Prices, was now 12 from offering free installments to fixed arrangements, and the Total Financial Expense (CFT) was higher than 70 %. In addition, the payment conditions were extended with the banks to the stores until they reached 10 business days, which represent more than 15 days from the investment time the financial system will win.

Despite this, 12 today is the highest discount rate in the market, with 19.49% just for trade. That's why CAME is working with an Exchange Administration so that the program can be used on Wednesday every day instead of Sunday, to benefit SMEs, because on Sunday it is not used by the large chains only.

* Discontinuation of tests: Due to a lower demand, the level paid by banks fell by 4.3% in December, but because market conditions have not come forward but because companies a & # 39; Avoiding this system due to the concessionary cost to a large extent was 58.8%. It should also be noted that the level of research is more aware of lower levels of reference because they are 45-hour average loans.

>> Baby for money

The bank's decision was made to raise an increase of 1.5% cut to pay money to refuse money in business rooms. A & # 39; The first one who raised the voice of collective companies, which threatens the move to customers.

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