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  • 2008
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2008News

Rates are transitory

D Dolores Vicioso
Posted onSep 18, 2008 at 10:43 PM

Central Bank president Hector Valdez Albizu met with commercial banks yesterday to discuss the effect of rising interest rates on banks’ portfolio. He said that borrower delinquency between January and August of this year was at 4.1%, which is similar to averages between December 2006 and August 2008.

D
Dolores Vicioso
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  • 2008

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