He Bank for International Settlements (BIS) considers that the central banks they must raise their interest rates more to fight against the high inflation and that they should be left elevated for longer than the public and the investors are waiting. The BIS said in its annual economic report, published on Sunday, that “the inflation […]
Tag: interest rate
Banco de la Nación grants loans of up to almost S/100,000 with a promotional rate: who can access it?
The Banco de la Nación is granting Multi-Network Loans of up to almost S/100,000 with promotional interest rates. Through a statement, the bank indicated that the service will last until June 15. Who can access? Which are the requirements? Is there fee interest? HERE we tell you. Who can access the Banco de la Nación […]
The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases
The Bank of Mexico (Banxico) this Thursday kept the interest rate unchanged at 11.25%the highest level in its history, in a decision that broke with fifteen consecutive increases given the high levels of inflation. In its announcement, the central bank “He considered that a phase of disinflation has been entered due to the fact that […]
CTS 2023: which banks or savings banks pay you the most interest for saving your money?
In these days of May, thousands of workers they begin to receive Compensation and Time for Services (CTS) in their bank accounts. Due to Law No. 31480, approved in June 2022, the employees have the availability to withdraw this extra money until the end of 2023. However, if you are one of those who plan […]
Argentina raises the interest rate to 81% to stop the exchange rate
He Central Bank of the Argentine Republic (BCRA) announced this Thursday a new rise in the reference interest rate -for the second consecutive month-, from 78 to 81%, amid the escalation in the informal price of the dollar and the scenario of very high inflation that the country is dragging of soybeans. The board of […]
MEF evaluates subsidizing the mortgage loans of families living in ravines
The Minister of Economy and Finance, Alex Contrerasreported that the Peruvian Government is considering subsidizing the interest rates applied to families located in ravines and emergency areas, so that they can access mortgage loans in safe areas of the city. In a dialogue with TV Peru, the head of the MEF maintained that this and […]
What banks and savings banks offer personal loans with the lowest rates this 2023?
As the school year begins, many parents are struggling to cover the expenses for supplies, tuition, uniforms, pensions, among others. Given this need, this group of people should know the amount offered by financial institutions regulated by the Superintendency of Banking, Insurance and AFP (SBS). for personal loans and their respective interest ratebefore deciding to […]
Credit cards from savings banks: how much will your interest rate be compared to that of the banks?
The Congress of the Republic approved by insistence, on Friday, March 3, the law that allows municipal savings banks to issue credit cards without the express authorization of the Superintendence of Banking, Insurance and AFP (SBS). The initiative authorize that you are financial entities manage and manage up to four products: credit cards, checking accounts, […]
Fed officials keep interest rate cap options open
The Federal Reserve will need to continue gradually raising interest rates to beat inflation, two central bank officials said on Tuesday. USA, by warning investors that the costs of credit may ultimately have to rise more than estimated. “We must remain prepared to continue raising rates for a longer period than anticipated, if that avenue […]
FAE-Texco: Produce would include a good payer bonus to reduce credit interest rates
Vice Minister of Mype and Industries pointed out that, currently, the interest rate of the credit program ranges between 13.5% and 17%. During his participation in the Foreign Trade Commission of the Congress of the Republic, the Vice Minister of Mype and Industry, Javier Dávila Quevedo, announced that the Ministry of Production (Produce) will seek […]