Costa Rica: Passive Base Rate Drops to 6.55%

The Central Bank reported that as of the 12th and until at least the 18th of September the PBR will rise 0.05% going from 6.50% to 6.55%.

Wednesday, September 11, 2013 publica: “Según el cálculo del Banco Central de Costa Rica (BCCR), el indicador se incrementó por aumentos en las tasas de captación (ahorros) de los bancos públicos, cooperativas de ahorro y crédito y las mutuales. Solamente los bancos privados disminuyeron los rendimientos en la semana de cálculo”.

“Desde el pasado 8 de agosto la TBP no sobrepasa el 6,55%”.

Esta tasa es un promedio de los rendimientos que aplican las instituciones financieras de Costa Rica a los ahorros pactados a plazos que van de 150 a 210 días. De este promedio se excluyen los valores más altos y más bajos.

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Costa Rica: Passive Base Rate Drops to 6.55%

November 2013

The Central Bank reports that, as of this November 14 and at least until 20 the TBP will drop from 6.60% to 6.55%. reports: "The rate has been fluctuating between this percentage (6.60%) and the one reached on Wednesday (6.55%), since 12 October this year."

Costa Rica: Passive Base Rate Down to 6.55%

October 2013

From the 24th until at least 30th of October the PBR will be lowered from 6.60% to 6.55%, said the country's central bank. reports: "With this move, the rate once again reaches the percentage at which it has been constant since 12 September this year."

"For five consecutive weeks the rate remained at the same level of 6.55%, and was only interrupted last week when it recorded a rise and stood at 6.60% for a week".

Costa Rica: Passive Base Rate Drops to 6.55%

August 2013

The Central Bank of Costa Rica has announced that from August 8th the PBR will drop by 0.05%, going from 6.60% to 6.55%. reports: "With this move, the PBR maintains its stable trend which it has displayed for just over two months, as since the 30th of May, the indicator has been between 6.65% and 6.55% following a downward trend which began in late 2012. "

Basic Rate Climbs to 11.75% in Costa Rica

September 2009

It raised 0.25 percentage points, its first increase since August 6th.

The basic passive rate is an average of savings interest rates in colones for deposits between 150 and 210 days. It is calculated by the Central Bank.

"Interest rates paid by financial entities saw minor changes in both directions (increases an decreases) this week", reported Pablo Villalobos, from the Central Bank.

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