Bank Lending Rate in Sri Lanka decreased to 9.74 percent in December from 10.15 percent in November of 2019. Sri Lanka Prime Lending Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Bank Lending Rate in Sri Lanka averaged 12.84 percent from 1997 until 2019, reaching an all time high of 23.20 percent in January of 2001 and a record low of 6 percent in June of 2015. This page provides - Sri Lanka Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of Sri Lanka

Bank Lending Rate in Sri Lanka is expected to be 9.94 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 Sri Lanka to stand at 9.94 in 12 months time. In the long-term, the Sri Lanka Prime Lending Rate is projected to trend around 9.94 percent in 2021, according to our econometric models.

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Sri Lanka Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.74 10.15 23.20 6.00 1997 - 2019 percent Monthly

Sri Lanka Prime Lending Rate
In Sri Lanka, the Prime lending rate, is the average rate of interest charged on loans by commercial banks to private individuals and companies. The prime rate is estimated weekly by the Central Bank of Sri Lanka.