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Santo Domingo.- Banks superintendent Rafael Camilo said Tuesday there’s no possibility that the bank interest rate rise in the coming months.

He said stability is based on a stable exchange rate, is no an extraordinary demand for cash flow and the Central Bank hasn’t programmed new adjustments in certificates of deposit.

Camilo added that the loans portfolio has grown 25 percent in the mortgage and consumption areas.

The official's response comes amid concerns the currentl presidential campaign would spark higher rates on loans.

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2 comment(s)
Report as spam/innapropiate
Written by: gouletcolonial, 14 May 2008 8:00 AM
From: Canada
we will ask you again on the 17th
Report as spam/innapropiate
Written by: JimHarrington, 14 May 2008 8:36 AM
From: United States
Does any one believe this bank superintendent with this type of nonsense.

PLD Flunky just like Segura with the CDE blatant lie.
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