NewsWhore
02-01-2012, 02:40 PM
The general administrator of the Banco de Reservas, Vicente Bengoa Albizu, stated yesterday that the bank would make no change to the loan interest rate despite an increase of 0.97 percentage points during the last semester of 2011, according to the Central Bank.
He said that they had decided not to apply the increase to loans with the aim of stimulating the construction sector and so that Dominican families with home loans would not have to pay more.
He confirmed that the rate would last until 1 August when it would be checked again against the weekly interest rates published by the Central Bank.
More... (http://www.dr1.com/index.html#3)
He said that they had decided not to apply the increase to loans with the aim of stimulating the construction sector and so that Dominican families with home loans would not have to pay more.
He confirmed that the rate would last until 1 August when it would be checked again against the weekly interest rates published by the Central Bank.
More... (http://www.dr1.com/index.html#3)