Kuwait

Interest Rates On Bank Credit To The Private Sector

3.71
Dec 79Dec 82Dec 85Dec 90Dec 93Dec 96Dec 99Dec 02Dec 05Dec 08Dec 11Dec 14Dec 18Dec 210.0005.00010.0015.0020.00
  • Kuwait
  • 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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