José Elías Del Hierro-Hoyos of Parra, Rodríguez & Cavelier Abogados. informs going rates of interest for the month of October, 1999.
The following are the Interest Rates certified by the Superintendency of Banks in Colombia for the month of October, 1.999.
|
TYPE OF INTEREST RATE |
RATE
February, 1999 |
RATE
March, 1999 |
RATE
April, 1999 |
RATE
May, 1999 |
|
Ordinary Banking Rate |
42.39%(*) |
39.76% |
40.99% |
33.57% |
|
Ordinary Credits Rate |
44.46%(*) |
36.81% |
44.32% |
34.42% |
|
Delinquent Rate (**) |
66.69% (*) |
55.22% |
66.48% |
51.63% |
|
Usury Rate (***) |
66.69% (*) |
55.22% |
66.48% |
51.63% |
|
TYPE OF INTEREST RATE |
RATE
June, 1999 |
