AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On the announcement made by the Ministry of Production of Argentina on 6 December 2017 concerning the new credit line for software and IT companies managed, it was also mentioned that the BICE would also make resources available to finance the export operations of these firms.
In particular, it was stated that the bank would allocate up to USD 5 million per operation to cover up to 75% of the export operation. These credit lines enjoy a 1.5% interest rate with a repayment deadline of 210 days.
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