Guatemala Lowers Lending RatesBanks are offering rates of up to 7.5% for mortgage loans, both consumer and corporate.Friday, April 29, 2011
Mauricio Alvarez, manager of the Banco de los Trabajadores (Bantrab) noted that low interest rates abroad has meant that much "capital is returning to the country because the rates are better." Source: elperiodico.com.gt ¿Busca soluciones de inteligencia comercial para su empresa?Costa Rica: Passive Base Rate Drops to 6.90%April 2013 After three consecutive weeks at 6.95%, the PBR in Costa Rica dropped today to 6.90%. The Lowest Bank Rate in 40 yearsApril 2012 This historical record of 7% on average in Guatemala's banking system could stimulate investment. Housing loans continue to be high in NicaraguaFebruary 2009 Banks are seeking funds to ensure financing for the housing sector with better interest rates. El Salvador: Banks raise interest rates for creditNovember 2008 Some banks already published the adjustment and others announce that the increase in the credit rates will occur shortly, although they did not say exactly when.
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