Democratic Republic of the Congo

Interest Rates On Bank Credit To The Private Sector

26.74
Dec 06Dec 07Dec 09Dec 10Dec 11Dec 12Dec 14Dec 15Dec 16Dec 18Dec 190.00020.0040.0060.0080.00
  • Democratic Republic of the Congo
  • 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.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING