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Argentina: BICE increases budget of its credit line under CreAr programme

Description

On 26 September 2023, the Argentine Development Bank (BICE in Spanish) announced the budget increase of the "CreAr Inversión PyME - BICE" credit line from ARS 50 billion (USD 142.8 million) to ARS 90 ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Sep 2023

Revocation date

20 Nov 2023

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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