Velarde Sees Stable Peru Sol Loan Rates in 2013, Gestion Says

Interest rates charged by Peruvian banks on sol-denominated loans will be stable next year, Gestion reported, citing comments by central bank President Julio Velarde.

The central bank doesn’t see domestic demand pressures, Velarde said in an interview with the Lima-based newspaper.

To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net.

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net.

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