Bank Lending Rate in Greece increased to 4.64 percent in October from 4.45 percent in September of 2018. Bank Lending Rate in Greece averaged 5.69 percent from 2003 until 2018, reaching an all time high of 7.40 percent in October of 2008 and a record low of 4.33 percent in July of 2009.
Bank Lending Rate in Greece is expected to be 4.71 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 Greece to stand at 4.96 in 12 months time. In the long-term, the Greece Bank Lending Rate is projected to trend around 5.46 percent in 2020, according to our econometric models.