Bank Lending Rate in Chile decreased to 5.65 percent in May from 6.33 percent in April of 2019. Bank Lending Rate in Chile averaged 8.10 percent from 2002 until 2019, reaching an all time high of 15.15 percent in October of 2008 and a record low of 4.74 percent in December of 2009.
Bank Lending Rate in Chile is expected to be 6.80 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 Chile to stand at 6.80 in 12 months time. In the long-term, the Chile Bank Lending Rate is projected to trend around 7.30 percent in 2020, according to our econometric models.