Burma (Myanmar)

Interest Rates On Bank Credit To The Private Sector

14.83
Dec 95Dec 98Dec 01Dec 05Dec 08Dec 10Dec 12Dec 14Dec 16Dec 18Dec 200.0006.00012.0018.0024.00
  • Burma (Myanmar)
  • Global Median
Source: IMF

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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