Lending Rate in Sri Lanka decreased to 6.50 percent in May from 7 percent in April of 2020.
Lending Rate in Sri Lanka averaged 10.34 percent from 1999 until 2020, reaching an all time high of 23 percent in January of 2001 and a record low of 6.50 percent in May of 2020. This page provides - Sri Lanka Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Standing Lending Facility Rate - values, historical data and charts - was last updated on June of 2020. source: Central Bank of Sri Lanka
Lending Rate in Sri Lanka is expected to be 6.00 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 5.50 in 12 months time. In the long-term, the Sri Lanka Standing Lending Facility Rate is projected to trend around 5.50 percent in 2021 and 6.00 percent in 2022, according to our econometric models.