Lending Average Rate for Foreign Currency Banking Interest rate Economics Stats interest rates Finance Lending Average Rate for Domestic Currency Central Bank of Honduras Savings Average Rate for Foreign Currency loans loans in U.S. dollars Aldesa Banco Cathay de Costa Rica Bank of Costa Rica Banking Authority (Guatemala)

Lending Average Rate for Foreign Currency
in Central America

Honduras: Lending Rate Goes Down 4.5%

Friday, April 24, 2020

In recent weeks, the country's financial system has seen a considerable drop in the lending rate on new loan operations, which is partly explained by the reduction in the Monetary Policy Rate.

According to reports from the Central Bank of Honduras (BCH), between March 9 and April 10, 2020, the rate fell from 14.81% to 10.31%. This fall is being recorded in the context of the health crisis caused by the outbreak of covid-19.

Costa Rica: Effective Rate in Dollars

Thursday, May 5, 2016

The Central Bank of Costa Rica has started publishing the effective rate in dollars, which is a weighted average of the gross interest rates given for term deposits.

Calculation of the Effective Rate in Dollars
Week of 05/05/2016 to 11/05/2016

Public banks: Relative Weight: 0.4338 - Average Rate: 1.6084
Private Banks: Relative Weight: 0,5662- Average rate: 2.1677

Costa Rican Banks Look for Dollars Abroad

Tuesday, October 16, 2012

High interest rates, the product of the Treasury’s steady increase in financing with debt, is leading banks to seek funds abroad.

In the country the average lending rate in dollars is about 11%, considerably higher than in the United States, where the average is 4%.

Honduras: Cost of Money Increases

Wednesday, July 18, 2012

For class "A" businesses, the lending rate in domestic currency now stands at 14.7% and 7.2% for loans in foreign currency.

A 100 basis point increase in the Monetary Policy Rate (MPR) decreed by the Central Bank of Honduras on 14 May, is the main reason behind this increase.

Interest Rates in Guatemala

Friday, October 31, 2008

In January, banks charged 13.16% to loan money and now they charge 14.85%, while what they pay for deposits was reduced from 4.75% to 4.38%.

The weighted average interest rate which the banking system charges for loans in national currency, were at 14.85% at the end of September, according to the Superintendence of Banks (SIB). This represents an increase of 1.69 percentage points when compared to the amount recorded in January, when it was at 13.16%

Panama's rates will fall this year but rise again in 2009: consultant

Thursday, July 24, 2008

The consulting firm Indesa forecasts that bank interest rates and bond rates will decline this year but will rise again in 2009 and 2010.

According to data that the firm has analyzed from Panama's Office of the Superintentent of Banks, the average interest rates for Panamanian bank bonds was 4.76 percent in 2007 and those of foreign banks was 4.33 percent. Indesa economists are saying these averages will fall to 4 percent and 3.25 percent.

Lending Rate Foreing Currency - Guatemala

Bank of Guatemala

5.92% (may-15) year-on-year change: -2.3%

Lending Rate Foreign Currency - Nicaragua

Central Bank of Nicaragua

9.35% (may-15) year-on-year change: -3.4%

Lending Rate Foreign Currency - Costa Rica

Central Bank of Costa Rica

10.75% (Apr 16) year-on-year change: 3.6%

Lending Rate Foreign Currency- Honduras

National Commission on Banking and Insurance (Honduras)

8.58% (apr-15) year-on-year change: 1.5%

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