Banco de la Nación Argentina has reported an operating surplus of 521.4 billion pesos as of September 30, 2025. The bank also posted a positive quarterly result, with profits reaching 82.9 billion pesos.
The institution highlighted improvements in efficiency, noting that its coverage margin—administrative expenses versus operating income—stood at 60.3 percent. The financial margin remained stable amid the ongoing decrease in inflation in Argentina.
Personnel expenses were reduced by decreasing staff numbers by 2,000 employees, returning to staffing levels from fifteen years ago. The number of branches was adjusted to 652, with closures occurring where local taxes hindered operations or where branch overlap conflicted with digitalization efforts.
The quality of the loan portfolio remained stable, and charges for uncollectibility were moderate. As of August 2025, the irregularity rate for the loan portfolio was at a historically low level of 2.1 percent.
Banco Nación also increased its market share in both private sector loans (17.2 percent) and private sector deposits (15.9 percent). In line with Decree 70/2023—which stipulates that companies with state ownership do not receive advantages in government contracts—the bank participated in 56 public tenders during the year and secured payroll accreditation for approximately 450,000 employees from key ministries such as Security, Defense, Economy, and ANSES.
The transformation of Banco Nación into a corporation is progressing under Decree 116/2025. Currently an autonomous entity—a structure considered more suitable for organizations providing public goods—the move aims to align the bank’s legal form with its activities in private banking and international markets.
However, this transformation faces legal obstacles due to a court order suspending compliance with Decree 116/2025 following a decision by Federal Judge Alejo Ramos Padilla and confirmed by the Federal Court of Appeals in La Plata. An extraordinary appeal has been filed before Argentina’s Supreme Court.
“After the electoral success of the Government and confirmation of policies on fiscal solvency and disinflation, Banco Nación will resume support for private credit benefiting families and SMEs,” said Daniel Tillard, president of Banco de la Nación Argentina.
