Armenia

Interest Rates On Bank Credit To The Private Sector

11.76
Dec 95Dec 98Dec 01Dec 04Dec 06Dec 11Dec 14Dec 17Dec 19Dec 210.00025.0050.0075.00100.00
  • Armenia
  • Global Median
Source: IMF

Global Ranking

39
Iraq12.36
40
Guatemala12.19
41
Kenya12.08
42
Jamaica12.06
43
Armenia11.76
44
Maldives11.56
45
Nigeria11.48
46
Lesotho11.33
47
Sri Lanka11.24
48
Peru10.98

News

Definition of Interest Rates On Bank Credit To The Private Sector

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

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