Comparative look at Interest rate spreads for Jamaica, Barbados, T&T and Canada

This is our weekly chart feature, please ensure to leave a comment, and share your views on what the graph is showing.

Additional Info:

Interest rate spread (lending rate minus deposit rate, %) is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for savings deposits (and also demand, time).

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2 Responses to Comparative look at Interest rate spreads for Jamaica, Barbados, T&T and Canada

  1. Michael Dixon says:

    What were the factors influencing the sharp increase in interest rates for T&T between 2008 and 2009?

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    • A number of factors could have influenced this spike. Prime among them however would be the impact of the financial crisis (recession) that came full circle in 2008/2009. Banks/ Government had to pay investors higher premiums to borrow their cash.

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