Crypto Loans Are Booming in Latin America Amid Runaway Bank Rates and Inflation PlatoBlockchain Data Intelligence. Vertical Search. Ai.
&

Crypto Loans Are Booming in Latin America Amid Runaway Bank Rates and Inflation

Private banks are even more risk-averse when granting a loan. In Brazil, the largest private bank, Itau, offers personal loans with an annual interest rate that can go up to 172.85%, according to its website. In Argentina, the annual interest rate offered by the largest private player, Banco Santander, can reach 230%.

Time Stamp:

More from Alontrus Group & CoinDesk