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28 марта, вторник 11:23

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floating rates cont.

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  • floating rates cont.

    A little more clarification is needed...

    [here I have to apologise for writing in English... you see the PC I am currently using does not support Cyrillic...]

    As I understood the income tax on extra revenues gained from lending rates above Ref.rate + 3% is viewed as a serious barrier by banks. In other words, they choose to keep their lending rates within the boundary of Ref.+3% in order to keep their revenues to themselves.

    If this is so, how large is the tax rate?
    Is it really the only reason for banks being unwilling to give out commercial loans on higher interest?

    Regards,
    Edgars

    edgarsg@sseriga.edu.lv
    edgars@balaef.riga.lv


  • #2
    Edgars!

    It is the far-fetched problem.

    There are many circuits for detour.

    Best regards,
    Rinat.


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