Venezuela

Interest Rates On Bank Credit To The Private Sector

21.06
Dec 84Dec 86Dec 88Dec 90Dec 92Dec 94Dec 96Dec 98Dec 00Dec 02Dec 04Dec 06Dec 08Dec 10Dec 12Dec 14Dec 170.00015.0030.0045.0060.00
  • Venezuela
  • 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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