Series: IMF Working Papers
Author(s): Ruby Randall
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 1998
Keywords: ECCB, Eastern Caribbean, interest rate spreads, commercial bank costs, banking, deposit rate, banking industry, savings deposits, deposit rates
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. The paper concludes that operating costs appe...