Banks adjust commissions again and the increase in the year reaches 40%



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The increases were of the order of 10% to 13% quarterly and in some entities already analyzed growth of 25% until 2019

Banks re-adjusted commissions again and the year's total increase reaches 40%.

The increases were of the order of 10% to 13% on a quarterly basis.

There are some entities that already announce increases of 25% for the next year.

As they argue, the increase is due to the impact that sector parities have had.

According to a source entrusted to El Cronista, banks are hit hard by falling credit card fees. This money represented a higher profit than commissions charged from customers for maintaining product packages or checking accounts for companies.

It is worth remembering that as of March 2017, commissions were 1.5% for each debit card and 3% for the credit card.

Before the end of the year, commissions fell to 1.2% and 2.5%, respectively. In early 2018, they were reduced again to 1.1% and 2.35%, while next year they would fall to 1% and 2.15%. In 2020 and 2021, the drop in rates will continue to reach 0.8% in debit cards and 1.8% in credit cards.

On the Central Bank website, you can compare prices between public and private. There, it can be seen that the former tend to be cheaper than the others.

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