Lending Rate in Sri Lanka remained unchanged at 8 percent in September from 8 percent in August of 2019. Lending Rate in Sri Lanka averaged 10.44 percent from 1999 until 2019, reaching an all time high of 23 percent in January of 2001 and a record low of 7.50 percent in April of 2015.
Lending Rate in Sri Lanka is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Sri Lanka to stand at 8.50 in 12 months time. In the long-term, the Sri Lanka Standing Lending Facility Rate is projected to trend around 8.00 percent in 2020, according to our econometric models.