🇦🇷 Argentina's rise in delinquent consumer loans is emerging as a key risk to the country's economic recovery, with overdue loans increasing for 17 consecutive months despite President Javier Milei's stabilization program. The deterioration in credit quality is prompting banks to tighten lending standards, raising concerns that consumer credit—expected to become a major driver of growth—could lose momentum. While fiscal discipline and lower inflation have improved macroeconomic conditions, the persistent increase in non-performing loans suggests households are still under financial pressure after the austerity measures. A prolonged deterioration in bank asset quality could limit credit expansion and slow Argentina's broader economic recovery. 📉🇦🇷 #Argentina #Banking #Economy