Sri Lanka

Interest Rates On Bank Credit To The Private Sector

11.24
Dec 01Dec 03Dec 05Dec 07Dec 09Dec 11Dec 13Dec 15Dec 17Dec 190.0005.00010.0015.0020.00
  • Sri Lanka
  • 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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