I suspect Naveen is on the right lines! 09:28 Sep 6, 2013
This is pretty obscure! You reimburse interest, and not an interest rate, and I don't like "interest rate compensation". I suspect what is really meant is that the state will encourage the bank to offer a low interest rate by compensating the bank for losses or by paying some of the interest itself. So - the bank wants to charge 10%, but the state says no - charge 7% and we'll pay the 3% difference, or we'll compensate you for losses over an agreed amount. It's trying to say too much in too small a space. I'll think about how to say this, and it's an echo of the British Government's Funding for Lending scheme. |