Bank Lending Rate in Malaysia decreased to 3.70 percent in July from 3.89 percent in June of 2020.

Bank Lending Rate in Malaysia averaged 6.30 percent from 1996 until 2020, reaching an all time high of 13.53 percent in May of 1998 and a record low of 3.70 percent in July of 2020. This page provides - Malaysia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Bank Lending Rate - values, historical data and charts - was last updated on October of 2020. source: Central Bank of Malaysia

Bank Lending Rate in Malaysia is expected to be 3.45 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 Malaysia to stand at 3.20 in 12 months time. In the long-term, the Malaysia Bank Lending Rate is projected to trend around 3.70 percent in 2021 and 4.20 percent in 2022, according to our econometric models.

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Malaysia Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.64 3.70 13.53 3.64 1996 - 2020 percent Monthly

Malaysia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 90.00 51.10 132.90 51.10 points [+]
Consumer Spending 165783.00 212257.00 218143.00 56768.00 MYR Million [+]
Bank Lending Rate 3.64 3.70 13.53 3.64 percent [+]
Retail Sales Mom 2.30 7.10 30.50 -30.50 percent [+]
Retail Sales Yoy -1.50 -3.80 14.80 -32.40 percent [+]
Households Debt To GDP 68.00 68.20 69.80 48.70 percent of GDP [+]
Gasoline Prices 0.40 0.41 0.66 0.28 USD/Liter [+]

Malaysia Bank Lending Rate
In Malaysia, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.