Bank Lending Rate in Philippines decreased to 6.54 percent in December from 6.77 percent in November of 2019. source: Bangko Sentral Ng Pilipinas

Bank Lending Rate in Philippines averaged 12.94 percent from 1976 until 2019, reaching an all time high of 39.73 percent in December of 1984 and a record low of 5.09 percent in February of 2015. This page provides - Philippines Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Bank Lending Rate - values, historical data and charts - was last updated on February of 2023.

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Philippines Bank Lending Rate

Related Last Previous Unit Reference
Consumer Confidence -14.60 -12.90 points Dec 2022
Personal Savings 6107100.93 6208378.40 Million PHP Sep 2022
Bank Lending Rate 6.54 6.77 percent Dec 2019
Consumer Credit 507.44 478.27 PHP Billion Sep 2022

Philippines Bank Lending Rate
In Philippines, the bank lending rate is lower band of the lending rates of interest charged on loans by commercial banks to private individuals and companies.
Actual Previous Highest Lowest Dates Unit Frequency
6.54 6.77 39.73 5.09 1976 - 2019 percent Monthly