Colombia

Interest Rates On Bank Credit To The Private Sector

9.85
Dec 86Dec 88Dec 90Dec 92Dec 94Dec 96Dec 98Dec 00Dec 02Dec 05Dec 07Dec 09Dec 11Dec 13Dec 15Dec 17Dec 200.00015.0030.0045.0060.00
  • Colombia
  • Global Median
Source: IMF

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.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING