Argentine banks, including Banco Macro and Banco de la Nacion Argentina, are eying the international and domestic bond markets to obtain funding, two industry sources told Debtwire. The institutions seek to further expand their loan portfolios amid a lag in deposit growth.

The financial institutions have been actively tapping the domestic bond market since 4Q24 and have issued over USD 1.5bn in local bonds in the last six months, according to a Moody’s report. Now they are eying the international market for longer-term funding, with Banco Macro leading the way, potentially followed by Banco Nacion and others, the industry sources said.