Bank Lending Rate in Tanzania increased to 14 percent in December from 13.62 percent in November of 2019. Tanzania 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 Tanzania averaged 12.93 percent from 2003 until 2019, reaching an all time high of 17.91 percent in September of 2017 and a record low of 7.53 percent in March of 2004. This page provides - Tanzania Bank Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Tanzania is expected to be 11.62 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 Tanzania to stand at 11.62 in 12 months time. In the long-term, the Tanzania Bank Lending Rate is projected to trend around 11.62 percent in 2021, according to our econometric models.

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Tanzania Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
14.00 13.62 17.91 7.53 2003 - 2019 percent Monthly

Tanzania Bank Lending Rate
In Tanzania, the negotiated lending rate is an average rate of lending rates for prime customers.