Botswana

Business Credit Interest Rate

6.26
percent
Jul 13Jan 14Jul 14Jan 15Jul 15Jan 16Jul 16Jan 17Jul 17Jan 18Jul 18Jan 19Jul 19Feb 20Sep 20Apr 21Nov 21Jun 220.0003.0006.0009.00012.00
  • Botswana
  • Global Median
Source: IMF

Definition of Business Credit Interest Rate

The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

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