According to a report by the Córdoba Cereal Exchange, the granting of loans to the private sector, measured in terms of Gross Domestic Product, has been growing in recent years, reaching 11.6% by the end of 2025.
In Argentina, primary production represents 15% of total loans, while in Córdoba it reaches 27% and constitutes the main receiving activity.
Financial intermediation in 2025 During 2025
, a process of crowding in credit to the private sector was observed, due to the reorganization of the main components of the total assets of the
financial system.Therefore, the private sector (families and companies) accounted for 43.9% of total assets, while 27.8% is explained by the public sector.
Year-on-year, the real balance of credit to the private sector, both in domestic and foreign currencies, grew by 37% in 2025.
In particular, financing to the private sector in domestic currency expanded 27.4% in real terms, while in foreign currency it increased 73%
.Compared to other South American countries, Argentina has the lowest percentage of loans to the private sector in terms of output, averaging 8.9% over the last 18 years.
However, after a sustained fall that reached its minimum in April 2024 (4% of GDP), the ratio has grown to around 8.8% of GDP in December 2025.
