{
  "title": "Interest Rate Spreads in the Eastern Caribbean",
  "publication": "IMF Working Papers, April 1, 1998",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/30/interest-rate-spreads-in-the-eastern-caribbean-2579",
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  "summary": "This paper examines interest rate spreads in the Eastern Caribbean and seeks to explain why they are persistently high by comparison with other low-inflation countries.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Author: Ruby Randall\n- Date: April 1, 1998\n- Paper examines interest rate spreads in the Eastern Caribbean and seeks to explain why they are persistently high by comparison with other low-inflation countries.\n- Main conclusion: operating costs appear to be a key determinant of observed interest rate spreads."
    },
    {
      "heading": "Key findings",
      "content": "- Interest rate spreads in the Eastern Caribbean are persistently high relative to other low-inflation countries.\n- Operating costs are identified as a key determinant of observed interest rate spreads."
    },
    {
      "heading": "Policy recommendations",
      "content": "- Efforts to expand the market size of efficient banks might help pave the way for greater efficiency."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subjects: Banking, Commercial banks, Deposit rates, Financial institutions, Financial regulation and supervision, Financial services, Loan loss provisions, Loans, National accounts, Personal income\n- Keywords: bank interest; bank interest rate spread; banking industry; Caribbean; commercial bank; commercial bank costs; Commercial banks; Deposit rates; Eastern Caribbean; ECCB; ECCB aggregate; ECCB area; ECCB interest rate; ECCB loan loss; ECCB rate; interest rate; interest rate spreads; Loan loss provisions; Loans; marginal revenue; overdraft rate; Personal income; return on assets; United States interest rate; WP\n\n---\n\n Content in this bundle\n\n- Interest Rate Spreads in the Eastern Caribbean - WP/98/59\n  - Interest Rate Spreads in the Eastern Caribbean - WP/98/59 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Interest Rate Spreads in the Eastern Caribbean - WP/98/59 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/interest-rate-spreads-in-the-eastern-caribbean-2579"
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    "Authors: Ruby Randall",
    "Published: April 1, 1998",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451847918.001",
    "Author: Ruby Randall",
    "Date: April 1, 1998",
    "Paper examines interest rate spreads in the Eastern Caribbean and seeks to explain why they are persistently high by comparison with other low-inflation countries.",
    "Main conclusion: operating costs appear to be a key determinant of observed interest rate spreads.",
    "Interest rate spreads in the Eastern Caribbean are persistently high relative to other low-inflation countries.",
    "Operating costs are identified as a key determinant of observed interest rate spreads.",
    "Efforts to expand the market size of efficient banks might help pave the way for greater efficiency.",
    "Subjects: Banking, Commercial banks, Deposit rates, Financial institutions, Financial regulation and supervision, Financial services, Loan loss provisions, Loans, National accounts, Personal income",
    "Keywords: bank interest; bank interest rate spread; banking industry; Caribbean; commercial bank; commercial bank costs; Commercial banks; Deposit rates; Eastern Caribbean; ECCB; ECCB aggregate; ECCB area; ECCB interest rate; ECCB loan loss; ECCB rate; interest rate; interest rate spreads; Loan loss provisions; Loans; marginal revenue; overdraft rate; Personal income; return on assets; United States interest rate; WP",
    "**Interest Rate Spreads in the Eastern Caribbean - WP/98/59**"
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