Bank Lending Rate in Russia decreased to 7.90 percent in November from 8.17 percent in October of 2019. Russia Bank Lending Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Bank Lending Rate in Russia averaged 33.20 percent from 1995 until 2019, reaching an all time high of 449.40 percent in February of 1995 and a record low of 7.90 percent in July of 2011. This page provides - Russia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: IMF

Bank Lending Rate in Russia is expected to be 8.17 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 Russia to stand at 8.17 in 12 months time. In the long-term, the Russia Bank Lending Rate is projected to trend around 8.17 percent in 2021, according to our econometric models.

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Russia Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.90 8.17 449.40 7.90 1995 - 2019 percent Monthly

Russia Bank Lending Rate
In Russia, the bank lending rate is the average rate of interest charged on loans up to one year by commercial banks to companies.