With the interest rate caps
, the average deposit rate increased from below 6.
This is in the wake of the now functional IFRS 9 accounting standards topping of on the already existing interest rate cap
regime which have seen the banking sector shun small businesses and households on account of their high risk profiles.
Before the interest rate cap
, Kenyan banks charged an interest rate spread of 11.
We think loan rate caps
will also make it difficult for banks to price risk correctly, leading to further weakening of asset quality.
This makes the need for rate caps
With electricity rate caps
scheduled to expire on Dec.
Fifteen states and the District of Columbia have imposed 36 percent rate caps
, which the Center for Responsible Lending has found to be the most effective tool against payday lending.
The Diet enacted legislation in December 2006 to unify the lending rate caps
at 20 percent and to eliminate gray-zone rates by late 2009.
When interest rate caps
were scrapped in our state in 1999, the legislative history shows that the Legislature expected interest rates to go up to only 20 to 25 percent.
The reality is that renewal rate caps
on annual, point-to-point index annuities are set basically the same way initial rate caps
These more opportunistic investors may consider fixed rate forward options, or possible rate caps
that limit exposure to further interest hikes.
This bill provided for property tax rate caps
on local government.
The TRA '97 retains the key-person exception and the interest rate caps
NEW YORK -- A proposed extension of interest rate caps
currently in place for Tenzing CFO S.
According to her, public investments have been driving economic growth since the introduction of Interest rate caps
while the private sector has been disadvantaged when it comes to credit access, and it can only play a significant role if the rate cap