Banco Provincia grants loans to SMEs for $24.27 million

The Banco Provincia de Buenos Aires has granted more than 2 billion pesos ($24.27 million) in loans in La Plata district at an annual rate of 24% so far this year, within the framework of the SME Reactivation programme launched at the beginning of the year to rebuild Buenos Aires’ productive framework. A total of 502 companies received assistance through one of the programme’s lines. The majority of placements were for working capital financing, with 693 loans.

Source: Ámbito