Bank Lending Rate in Brazil increased to 53.74 percent in March from 53.15 percent in February of 2019. Bank Lending Rate in Brazil averaged 77.85 percent from 1994 until 2019, reaching an all time high of 254.28 percent in April of 1995 and a record low of 39.12 percent in November of 2010.
Bank Lending Rate in Brazil is expected to be 53.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Brazil to stand at 54.15 in 12 months time. In the long-term, the Brazil Bank Lending Rate is projected to trend around 54.40 percent in 2020, according to our econometric models.